Working papers:
"Rising inequality and the dynamics of welfare state regimes", joint with Gilles Le Garrec .
"Can changes in beliefs explain the business cycle? An empirical investigation", joint vith Kazuo Nishimura and Alain Vendittti.
Publications
"Expectations, beliefs and the business cycle: tracing back to the deep economic drivers", 2025, Economic Theory, Vol 79(1), pp. 89-149 (joint vith Kazuo Nishimura and Alain Venditti).
"Mental health effects of COVID-19 lockdowns: a Twitter based analysis", 2023, Economics and Human Biology, Vol. 51 (Dec.), 101307, ISSN 1570-677X ( joint with Sara Colella, Vincent Hildebrand and Rémi Vivès). Link to our Github Twittersphere Observatory.
"Budget-neutral capital tax cuts", 2022, Annals of Economics and Statistics, n° 126, pp. 93-122 (joint with Lisa Kerdelhué and Océane Pietri).
"On sunspot fluctuations in variable capacity utilization models," 2018, Journal of Mathematical Economics, vol. 76, pp. 80-94 (joint with Alain Venditti and Rémi Vivès).
"Optimal fiscal policy in sunspot-driven economies," 2017, Journal of Public Economic Theory, vol. 19(3), pp. 620-638 (joint with Rodolphe Dos Santos Ferreira).
"Banking and sovereign debt crisis in a monetary union without central bank intervention," 2017, Journal of Mathematical Economics, vol. 68, pp. 142-152 (joint with Jin Cheng and Meixing Dai).
"Sunspot fluctuations in two-sector models with variable income effect," 2017, in: Sunspot and Non-linear Dynamics - Essays in honor of Jean-Michel Grandmont, K. Nishimura, A. Venditti and N. Yannelis (Eds), "Studies in Economic Theory", Vol. 31, pp.71-96, Springer (joint with K. Nishimura, C. Nourry and A. Venditti).
"Sunspot fluctuations in two-sector models: New results with additively-separable preferences," 2016, International Journal of Economic Theory, vol. 12(1), pp. 67-83 (joint with Kazuo Nishimura and Alain Venditti).
"Indeterminacy and sunspots in two-sector RBC models with generalized no-income effect preferences," 2015, Journal of Economic Theory, Vol. 157, pp. 1056-1080 (joint with Kazuo Nishimura and Alain Venditti).
"Empirical evaluation of nominal convergence in Czech Republic, Poland and Hungary (CPH)," 2009, Economic Modelling, vol. 26(5), pp. 993-999 (joint with Mamoudou Touré et Jamel Trabelsi).
"Indeterminacy, bifurcations and unemployment fluctuations," 2008, Macroeconomic Dynamics, vol. 12, n° S1, pp. 75-89 (joint with Teresa Lloyd-Braga et Leonor Modesto).
"Indeterminacy with constant money growth rules and income-based liquidity contraints," 2008, Research in Economics, vol. 62, n°2, pp. 57-63 (joint with Stefano Bosi).
"Free entry equilibria with positive profits: A unified approach to quantity and price competition games," 2007, International Journal of Economic Theory, vol. 3, n° 2, 2007, pp. 75-94 (joint with Rodolphe Dos Santos Ferreira).
"Animal spirits in cash-in-advance economies," 2007, Louvain Economic Review, vol. 73, n° 2, pp. 131-153 (joint with Stefano Bosi and Francesco Magris.
"Free entry and business cycles under the influence of animal spirits," 2006, Journal of Monetary Economics, vol. 53, n° 2, pp. 311-328 (joint with Rodolphe Dos Santos Ferreira).
"Demand and productivity components of business cycles: estimates and implications," 2005, Journal of Monetary Economics, vol. 52, n° 6, pp. 1089-1105.
"Demand shocks and markup fluctuations: an evaluation of the implicit collusion model", 2003, Louvain Economic Review, vol. 67, n° 1, pp. 91-111.
Old stuff:
"Large Scale Asset Purchases with segmented mortgage and corporate loan markets", joint with M. Dai and Q. Zhang.
"Sunspot equilibria and the expectation-driven Phillips Curve", joint with T. Lloyd-Braga and L. Modesto.