Research

Working papers

• Wage Indexation in a Cost-of-Living Crisis: Corrective versus Discretionary Fiscal Policies, with G. de Walque, T. Lejeune, J. Mohimont and A. Rannenberg 

• Managing the Inflation-Output Trade-off with Public Debt Portfolios, with B. Chafwehé and R. Oikonomou — Resubmitted to the Journal of Economic Dynamics & Control

• Optimal Monetary Policy Rules in the Fiscal Theory of the Price Level, with B. Chafwehé and R. Oikonomou

Publications

• Government Debt and Expectations-Driven Liquidity Traps [WP version]

International Journal of Central Banking, Vol. 20(4), pp. 321-370, October 2024. | Third PhD chapter 

• Looking Beyond the Trap: Fiscal Legacy and Central Bank Independence [WP version] [Online Appendix]

Oxford Bulletin of Economics and Statistics, Vol. 86, pp. 385-416, April 2024. | First PhD chapter

• When Is Government Debt Accumulation Optimal in a Liquidity Trap? [WP version]

Journal of Economic Dynamics & Control, Vol. 147, Article 104591, February 2023. 

Policy work

• Assessing the impact of two Belgian specificities on competitiveness and purchasing power when an energy shock hits, with T. Lejeune and G. de Walque

Prepared for the Belgian Financial Forum, March 2023.