Publications

In Scientific Journals:

• 1. “Specific Sensitivity to Rare and Extreme Events: Quasi-Complete Black Swan Avoidance vs Partial Jackpot Seeking in Rat Decision-Making”, with M. Degoulet, L.W. Matis, C. Baunez, S. Luchini, eLife, July 2024, 13:RP98487 Open access journal

  2. “Correcting the reproduction number for time-varying tests: A proposal and an application to COVID-19 in France”, with C. Baunez, M. Degoulet, S. Luchini, M.L. Pintus, M. Teschl. PLoS ONE 18(2), 2023: e0281943. Open access journal

  3. “The inverted leading indicator property and redistribution effect of the interest rate”, with Y. Wen, X. Xing. European Economic Review 148, 2022: 104219.

  4. “Tracking the dynamics and allocating tests for COVID-19 in real-time: an acceleration index with an application to French age groups and départements”, with C. Baunez, M. Degoulet, S. Luchini and M. Teschl. PLoS ONE, june 2021, volume 16, issue 6. Open access journal

  5. “The impact of infrastructure investments on income inequality: evidence from US states”, with E. Hooper and S. Peters. Economics of Transition and Institutional Change, volume 22, issue 2, april 2021, pp. 227-256.

  6. “Sub-national allocation of COVID-19 tests: an efficiency criterion with an application to Italian regions”, with C. Baunez, M. Degoulet, S. Luchini and M. Teschl. COVID Economics, issue 12, may 2020, pp. 192-209. Open access journal. VoxEU column here

  7. “International credit markets and global business cycles”, with Y. Wen and X. Xing, UInternational Journal of Economic Theory, volume 15, issue 1, march 2019, pp. 53-75.

  8. “Learning financial shocks and the Great Recession”, with J. Suda, Review of Economic Dynamics, volume 31, january 2019, pp. 123-146.

  9.  “To what extent can long-term investments in infrastructure reduce inequality?”, with E. Hooper and S. Peters, Journal of Infrastructure Policy and Development, volume 2, number 2, 2018, pp. 1-33. Open access journal

  10. “Mean growth and stochastic stability in endogenous growth models”, with R. Boucekkine and B. Zou, Economics Letters, volume 166, may 2018, pp. 18-24.

  11. “Short-run pain, long-run gain: the conditional welfare gains from international financial integration”, with R. Boucekkine and G. Fabbri, UEconomic TheoryU,,,  , volume 65, issue 2, march 2018, pp. 329-360.

  12. “Land collateral and labor market dynamics in France”, with L. Kaas and S. Ray, European Economic Review, volume 84, issue 4, may 2016, pp. 202-218.

  13. “Growth and financial liberalization under capital collateral constraints: The striking case of the stochastic AK model with CARA preferences”, with R. Boucekkine and G. Fabbri, Economics Letters, volume 122, issue 2, february 2014, pp. 303-308.

  14. “Leveraged borrowing and boom-bust cycles”, with Y. Wen, Review of Economic DynamicsU, volume 16, issue 4, october 2013, pp. 617-633.

  15. “On the optimal control of a linear neutral differential equation arising in economics”, with R. Boucekkine and G. Fabbri, Optimal Control Applications and Methods, volume 33, issue 5, september-october 2012, pp. 511-530.U

  16. “History's a curse: leapfrogging, growth breaks and growth reversals under international borrowing without commitment”, with R. Boucekkine, Journal of Economic Growth, volume 17, number 1, march 2012,  pp. 27-47.

  17. “International capital flows, debt overhang and volatility”, UInternational Journal of Economic TheoryU, volume 7, issue 4, december 2011, pp. 301-315.

  18. “Collateral constraints and the amplification-persistence trade-off”, Economics Letters, volume 110, issue 1, january 2011, pp. 64-66.

  19. “Are progressive income taxes stabilizing?”, with N. Dromel, UJournal of Public Economic TheoryU, volume 10, issue 3, june 2008, pp. 329-349.

  20.  “Laffer traps and monetary policy”, UFederal Reserve Bank of St Louis ReviewU, volume 90, number 3, may-june 2008, pp. 165-174.

  21.  “A note on convergence under income tax progressivity”, UMacroeconomic DynamicsU, volume 12, issue 2, april 2008, pp. 286-299.

  22. “Dynamic inefficiency in an overlapping generations economy with production”, with G. Cazzavillan, UJournal of Economic TheoryU, volume 137, issue 1, november 2007, pp. 754-759.

  23. “Linearly progressive income taxes and stabilization”, with N. Dromel, UResearch in EconomicsU, volume 61, issue 1, march 2007, pp.25-29.

  24. “Local determinacy with non-separable utility”, UJournal of Economic Dynamics and ControlU, volume 31, issue 2, february 2007, pp. 669-682.

  25. “Endogenous business cycles and dynamic inefficiency”, with G. Cazzavillan, UInternational Journal of Economic TheoryU, volume 2, issue 3-4, september-december 2006, pp. 279-94.

  26. “Indeterminacy with almost constant returns to scale: capital-labor substitution matters”, UEconomic TheoryU, volume 28, number 3, august 2006, pp. 633-49.

  27. “Capital externalities in OLG economies”, with G. Cazzavillan, UJournal of Economic Dynamics and ControlU, volume 30, issue 7, july 2006, pp. 1215-31.

  28. “Business-cycle models and the dangers of linearizing”, with O. Kozlovski, S. van Strien and R. de Vilder, UJournal of Optimization Theory and ApplicationsU, volume 128, number 2, february 2006, pp. 333-53.

  29. “On competitive cycles and sunspots in productive economies with a positive money stock” , with G. Cazzavillan, UResearch in EconomicsU, volume 59, number 2, june 2005, pp. 137-47.

  30. “Robustness of multiple equilibria in OLG economies”, with G. Cazzavillan, UReview of Economic DynamicsU, volume 7, number 2, april 2004, pp. 456-75.

  31. “Expectations-driven fluctuations when factor utilization is variable ”, UMacroeconomic DynamicsU, volume 8, number 1, february 2004, pp. 3-26.

  32. “Endogenous labor supply, gross substitutability, and robustness of multiple equilibria in OLG economies”, with G. Cazzavillan, Proceedings of the 2002 North American Summer Meetings of the Econometric Society: Macroeconomic Theory, edited by David K. Levine, William Zame, Roger Farmer, Patrick Kehoe, 2002.

  33. “On the transition from local regular to global irregular fluctuations ”, with D. Sands and R. de Vilder, UJournal of Economic Dynamics and ControlU, volume 24, number 2, february 2000, pp. 247-272.

  34. “Capital-labor substitution and nonlinear endogenous business cycles ”,  with J.M. Grandmont and R. de Vilder, UJournal of Economic TheoryU, volume 80, number 1, may 1998, pp. 14-59.

  35. “Multiple steady states and endogenous fluctuations with increasing returns to scale in production ”, with T. Lloyd-Braga and G. Cazzavillan, UJournal of Economic TheoryU, volume 80, number 1, may 1998, pp. 60-107.

Other publications:

• 36. An Economic Perspective on Epidemiology”, with S. Luchini, M. Teschl, in Markt, Staat, Gesellschaft: Eine Festschrift für Richard Sturn, 2022: 241-254, Metropolis Verlag

  37. “Facing the first wave of the Covid pandemic-19 Report on the orientations and modes of the Humanities and social sciences research”, with S. Luchini, M. Teschl, book chapter, 2020, CNRS Editions

  38. “Infrastructure investments: a broad-based policy tool for equitable and sustainable growth”, with S. Peters. FES International Policy Analysis, january 2018. Available at http://www.fesny.org/fileadmin/user_upload/IPA_Infrastructure_Investments.pdf

  39. Book review of “Expectations, Employment, and Prices” by Roger Farmer. Journal of Economic Literature, volume 50, number 1, march 2012, pp. 184-187.

  40. “Comments on ‘strategic substitutabilities versus strategic complementarities’, by Roger Guesnerie”, Revue d’Economie Politique, volume 115, number 4, july 2005, pp. 413-15.