Pierre-Olivier Gourinchas
Contact Information
Since 2022: Economic Counsellor and Director of Research, International Monetary Fund
On leave: S.K. and Angela Chan Professor of Global Management, Department of Economics and Haas School of Business, University of California, Berkeley
On leave: Director, Clausen Center for International Business and Policy
What's New?
A Preferred-Habitat Model of Term Premia, Exchange Rates and Monetary Spillovers, with Walker Ray and Dimitri Vayanos, second round, American Economic Review, January 2025
Changing Global Linkages: Bridging Geopolitical Fragments, with Gita Gopinath, Andrea F. Presbitero and Petia Topalova, forth. AEA Papers and Proceedings, May 2025
Changing Global Linkages: A new Cold War?, with Gita Gopinath, Andrea F. Presbitero and Petia Topalova, Journal of International Economics, January 2025
New Evidence on the US Excess Return on Foreign Portfolios, with Carol C. Bertaut, Stephanie Curcuru and Ester Faia, submitted, October 2024
The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis, with Philippe Martin and Todd Messer, conditionally accepted, Journal of the European Economic Association, August 2024
Understanding the International Rise and Fall of Inflation since 2020, with Mai Chi Dao, Daniel Leigh and Prachi Mishra, Journal of Monetary Economics, August 2024
SME Failures under Large Liquidity Shocks: an Application to the COVID-19 Crisis, with Sebnem Kalemli-Ozcan, Veronika Penciakova and Nick Sander, Journal of the European Economic Association, July 2024
Unconventional Fiscal Policy in Times of High Inflation, with Mai Chi Dao, Allan Dizioli, Chris Jackson and Daniel Leigh, Sintra ECB Forum on Central Banking, 2023
International Macroeconomics: From the Great Financial Crisis to COVID-19, and Beyond, Mundell Fleming lecture, IMF Economic Review, August 2022
COVID-19 and Small- and Medium-Sized Enterprises: A 2021 "Time Bomb"? with Sebnem Kalemli-Ozcan, Veronika Penciakova and Nick Sander, AEA Papers and Proceedings, May 2021
Fiscal Policy in the Age of COVID: Does it 'Get in all of the Cracks?', with Sebnem Kalemli-Ozcan, Veronika Penciakova and Nick Sander, Kansas City Federal Reserve Jackson Hole Symposium, 2021
Global Imbalances and Policy Wars at the Zero Lower Bound, with Ricardo Caballero and Emmanuel Farhi, Review of Economic Studies, November 2021