La science économique au service de la société

Who are the professors ?

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Program Director : Gilles Saint-Paul is a professor at the Paris School of Economics and at the ENS - PSL. He got his Ph.D. from MIT in 1990. His research is on labor market institutions, political economy, growth and structural change, and the macroeconomics of beliefs and bounded rationality. He has been a professor at Universitat Pompeu Fabra and the Toulouse School of Economics. He is a research fellow of CEPR, IZA and CES-Ifo and a member of Academia Europea. He has been a member of the French advisory bodies Commission Economique de la Nation and Conseil d’Analyse Economique, as well as the Munich-based EEAG. In 2007 he was awarded the Yrjo Jahnsson medal, given every two years to the best European economist below 45. His research has been published in outlets like the American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Economic Theory, Economic Journal and European Economic Review. He is the author of The Political Economy of Labour Market Institutions (Oxford University Press, 2000) and The Tyranny of Utility (Princeton University Press, 2011).

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Tobias Broer is a professor at the Paris School of Economics and a researcher in quantitative macroeconomics interested in the interaction between inequality and macro-policies and dynamics, the origins and consequences of limited risk sharing, and the formation of expectations. He holds a PhD from the European University Institute. His work is published in journals such as the Review of Economic Studies, the Journal of Financial Economics, and the Journal of the European Economic Association. His current work studies, for example, biases and heterogeneity in expectation formation, and the consequences for aggregate demand of heterogeneous labor market risks.

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Riccardo Cioffi is an assistant professor at the Paris School of Economics. He got his Ph.D. from Princeton in 2022 and was a visitor at University College London in 2022-23. His work is on the macroeconomics of consumer finance and asset pricing in heterogeneous agents economies.

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Axelle Ferrière is a professor at the Paris School of Economics and a CNRS research fellow. 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 Review of Economic Studies, American Economic Journal : Macroeconomics and Journal of Monetary Economics.

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Jean-Olivier Hairault is director and professor at the Paris School of Economics. He is also a professor at the University Paris 1 Panthéon-Sorbonne, a IZA research fellow and the scientific director of the Macroeconomic Observatory of Cepremap. His 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.


Contents – Macroeconomics