Jean-Baptiste Michau
Professor of Economics at Polytechnique, Paris
Research Interests
💰 Macroeconomics
☂️ Public Finance
🔨 Labor Economics
Working Papers
💰 The Preference for Wealth and Inequality: Towards a Piketty Theory of Wealth Inequality (with Yoshiyasu Ono and Matthias Schlegl)
💰 The Trilemma for Low Interest Rate Macroeconomics ➡ [Video presentation]
💰 Fiscal Policy under Secular Stagnation: An Optimal Pump Priming Strategy
💰 The Preference for Net Wealth
💰 Open Economy Secular Stagnation and Financial Integration
Publications
💰 Helicopter Drops of Money under Secular Stagnation: From Ponzi to Pigou, Journal of Political Economy Macroeconomics, 2024, 2(1), 45-106.
💰 Wealth Preference and Rational Bubbles (with Yoshiyasu Ono and Matthias Schlegl), European Economic Review, 2023, 156, 104496.
🔨 On the Provision of Insurance Against Search-Induced Wage Fluctuations [Appendix], Scandinavian Journal of Economics, 2021, 123(1), 382-414.
💰 Monetary and Fiscal Policy in a Liquidity Trap with Inflation Persistence, Journal of Economic Dynamics and Control, 2019, 100, 1-28.
💰 Secular Stagnation: Theory and Remedies, Journal of Economic Theory, 2018, 176, 552-618.
☂️ Optimal Social Security with Imperfect Tagging (with Oliver Denk) [Appendix], Scandinavian Journal of Economics, 2018, 120(3), 717-762.
🔨 Optimal Labor Market Policy with Search Frictions and Risk-Averse Workers, Labour Economics, 2015, 35, 93-107.
☂️ Optimal Redistribution: A Life-Cycle Perspective, Journal of Public Economics, 2014, 111, 1-16.
🔨 Unemployment Insurance and Cultural Transmission: Theory & Application to European Unemployment [Appendix], Journal of the European Economic Association, 2013, 11(6), 1320-1347.
🔨 Creative Destruction with On-the-Job Search, Review of Economic Dynamics, 2013, 16(4), 691-707.
Books
Introduction aux Sciences Économiques (with Olivier Gossner and Vincent Rollet), Economica, 2024