(SCOR-PSE Chair) Newsletter #6 - December 2020

The SCOR-PSE Chair on Macroeconomic Risk has been launched in June 2018. Held by PSE, it is financed by the SCOR Foundation for Science.

Under the scientific leadership of Gilles Saint-Paul (PSE, ENS) and the executive leadership of Axelle Ferriere (PSE, CNRS), the SCOR–PSE chair aims to promote the development and dissemination of research into a number of areas linked to the issue of macroeconomic risk.

To contribute to this goal, a newsletter is released three times a year, summarizing the research performed and promoted within the Chair. To read the previous newsletters, follow this link.

Summary

> State Dependent Effects of Monetary Policy: The Refinancing Channel
An interview with Martin Eichenbaum (Northwestern University)

> The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.,
by Benjamin Moll (London School of Economics)

> Housing Tenure and Household Debt: Life-Cycle Dynamics During a Boom and Bust,
by Clodomiro Ferreira (Bank of Spain)

> Understanding Consumer Default Risk, by Stefania Albanesi (University of Pittsburgh)

> Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession,
by Adrien Auclert (Stanford University)