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Programme Supervisor : Gilles Saint-Paul is a professor at the Paris School of Economics (Paris Sciences Lettres) and holds a visiting position at New York University in Abu Dhabi. He has a Ph. D. in economics from MIT and has previously held positions at DELTA, Universitat Pompeu Fabra, Birkbeck College and the Toulouse School of Economics. He has been a member of the French Council of Economic Advisors and of the Munich-based EEAG group. His work is on macroeconomic theory, in particular growth, labor market issues, and political economy. His publications include The political economy of labor market institutions (Oxford University Press, 2000) and The tyranny of utility (Princeton University Press, 2011) as well as numerous publications in international journals. In 2007 he was awarded the Yrjo Jahnsson medal, which is given every two years to the best European economist under 45.


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Florin Bilbiie is Professor of Economics at University of Lausanne, Research Fellow of the CEPR and Editor of European Economic Review. Before 2018, he was at PSE and Paris 1 Pantheon-Sorbonne for 9 years, and before that at Oxford University (Nuffield College) and HEC Paris. He visited and consulted with several central banks (New York Fed, Chicago Fed, ECB, Bank of England, Bundesbank, Riksbank, etc.) and held visiting positions with the National Bureau of Economic Research, New York University (NYC and Abu Dhabi) and CREi Barcelona.
Florin’s research focuses on business cycles and the role, effects and optimal design of monetary and fiscal policies, in environments with : heterogeneous households (limited participation and incomplete markets) ; firm entry/product creation and market power ; and/or complementarities. His research is published in the Journal of Political Economy, Journal of Economic Theory, Journal of Monetary Economics, American Economic Journal : Macroeconomics, among others.


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Axelle Ferrière is Assistant Professor at Paris School of Economics and Research Fellow at the CNRS. Following her PhD at New York University in 2015, she continued her research at the European University Institute until 2018. Her research primarily focuses on fiscal policy and redistribution, through the lens of heterogeneous-agent models. She is also interested in the quantitative effects of uncertainty. Her work has been published in journals such as American Economic Journal : Macroeconomics and Journal of Monetary Economics.


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Jean-Olivier Hairault is Professor of Economics at Université Paris 1 Panthéon-Sorbonne and the Paris School of Economics and IZA Research Fellow. He joined Paris 1 in 1997 after holding positions at University of Paris-Dauphine and University of Lille 1. He is currently the Director of PSE. He is also Director of the Macroeconomic Observatory of Cepremap. Jean-Olivier’s research focuses on business cycles and labor market dynamics ; his recent main topic is the source of unemployment fluctuations, with a particular interest for a life-cycle approach and the relative contribution of job separation and job finding rates. He is also interested in the impact of structural changes and polarization on job reallocation, and the role of labor market institutions. His research is published in Journal of European Economic Association, Economic Journal, Journal of Public Economics, International Economic Review and European Economic Review, among others.


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Francesco Pappada is an Invited Professor at Paris School of Economics. He has previously been a Senior Research Economist at Banque de France and held post-doctoral and visiting positions at HEC Lausanne, University of California Berkeley and Einaudi Institute for Economics and Finance. His research focuses on the aggregate consequences of firm dynamics, including the cleansing effect of recessions, and the impact of firm heterogeneity on exchange rate fluctuations. He is also interested in fiscal policy and the implications of imperfect tax compliance on sovereign default and fiscal consolidations. His research is published in Economic Journal, IMF Economic Review and European Economic Review, among others


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Romain Rancière is professor of economics at University of Southern California, Los Angeles since 2016 and a research fellow at NBER and CEPR. He was previously a Professor of Economics at Paris School of Economics and an economist at the research department of the IMF. His research areas are Macroeconomics and International Finance with a special emphasis on Financial Crises. He has widely published on these topics in journals such as the Quarterly Journal of Economics, American Economic Review or the Journal of Monetary Economics. He has also served as consultant for various central banks.

Sommaire - Macroéconomie