Discover the 2024 September newsletter of the Macroeconomic Risk Chair

The Macroeconomic Risk Chair has been launched in June 2018. Held by the Paris School of Economics, it is financed by the SCOR Foundation for Science.

Under the scientific leadership of Gilles Saint-Paul (PSE, École normale supérieure - PSL) and the executive leadership of Riccardo Cioffi (PSE), the chair aims to strengthen high level research and the dissemination of knowledge to generate a better understanding of contemporary macroeconomics.

To contribute to this goal, a newsletter is released three times a year, summarizing the research performed and promoted within the chair.

Discover the 2024 September newsletter of the Macroeconomic Risk Chair including the interview with Lenel and Kekre, a brief description of their awarded paper, as well as three research papers on fiscal policy, monetary policy, and wealth inequality.

Summary

> 2023 Macroeconomic Risk Chair Junior Research Prize:

• The Flight to Safety and International Risk Sharing, by Rohan Kekre (University of Chicago Booth School of Business) and Moritz Lenel (Princeton University)
• Interview: Rohan Kekre (University of Chicago Booth School of Business) et Moritz Lenel (Princeton University)

> Stimulus Effects of Common Fiscal Policies
By Tobias Broer (Stockholm University), Jeppe Druedahl (University of Copenhagen), Karl Harmenberg (University of Oslo) and Erik Öberg (Uppsala University)

> On Natural Interest Rate Volatility
By Édouard Challe (Paris School of Economics) and Mykhailo Matvieiev (Aix-Marseille Université)

> Heterogeneous Risk Exposure and the Dynamics of Wealth Inequality
By Riccardo A. Cioffi (Paris School of Economics)

The Macroeconomic Risk Chair aims to promote the development and dissemination of research into a number of areas linked to the issue of macroeconomic risk, the macroeconomic effects of uncertainty, the financial and macroeconomic contagion effects of crises and the long-term risks.