Tariffs and the Term Structure of Inflation Expectations, M.Devereux, A. Diercks, A. Eyquem and J. Kim, March 2026
Tariffs, Automation, and Business Dynamism, with, M.Devereux and A. Eyquem, March 2026
Geopolitical Risk, Firm Resilience, and Regulation:Theoretical Foundations, With F. Loss, March 2026
Hubs, Spokes, and Shocks: Oligopoly, GVC Breakdown,and the New Geography of Market Power, March 2026
A Stochastic Roy Model of Sectoral Mobility: Theory and Quantitative Validation, with D. Fuller, D. Lkhagvasuren and A. Terracol, February 2026
Damba died on June, 2025. Damba encouraged me to work on mobility in dynamic Roy models. He was a great friend and a great co-author. He was coming to visit me in France very often and I will miss him a lot.
Reading the Future of Oil: A Noncausal Approach to Supply News Shocks, with Z. Moussa and A. Thomas, January 2026
Tariffs and Retaliation: A Macroeconomic Analysis, with, M.Devereux and A. Eyquem, October 2025, NBER Working Paper 33739, Link VoxEU
Why do Half of Unemployment Benefits Go Unclaimed?, with D. Fuller and N. Lepage-Saucier, July 2025
Doubly Robust GMM Inference and Differentiated Products Demand Models, with N. Lepage-Saucier and P. Tuvaandorj, August 2018
Working Papers version of published papers:
Trade Wars and the Optimal Design of Monetary Rules, with M. Devereux and A. Eyquem, April 2024, NBER WP 32451
The Demand for Trade Protection over the Business Cycle, with M. Devereux and A. Eyquem, June 2022, Online Appendix
Trade Wars, Currency Wars, NBER 27460, with M. Devereux and A. Eyquem, February 2022
Self-Enforcing Trade Policy and Exchange Rate Adjustment, with M. Devereux and A. Eyquem, May 2021, Online Appendix
This paper is a revised version of our NBER WP 25517