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The Macroeconomic Risk Chair, SCOR – PSE 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 Chair aims to strengthen high level research and the dissemination of knowledge to generate a better understanding of contemporary macroeconomics.

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

> Can Democracy Survive a Concentrated Economy ?
An interview with Luigi Zingales (The University of Chicago Booth School of Business)

> A Model of Post-2008 Monetary Policy, by Olivier Loisel (CREST, ENSAE)

> A Model of Credit, Money, Interest and Prices, by Saki Bigio (UCLA, NBER)

> Falling Interest Rates and Credit Misallocation : Lessons from General Equilibrium, by Alberto Martin (CREi, UPF, Barcelona GSE)

> The Effect of Macroeconomic Uncertainty on Household Spending, by Olivier Coibion (University of Texas at Austin)

> Zero Lower Bound on Inflation Expectations, by Dmitriy Sergeyev (Bocconi University)