Publications of the Chair

Debt-Deflation versus the Liquidity Trap the Dilemma of Nonconventional Monetary Policy

2016
Authors :
Gaël Giraud, Antonin Pottier.

Paper published in Economic Theory (Vol. 62, June 2016). This paper examines quantity-targeting monetary policy in a twoperiod economy with fiat money, durable goods and default.

The Effects of Oil Price Shocks in a New-Keynesian Framework with Capital Accumulation.

2014
Authors :
Veronica Acurio Vasconez, Gaël Giraud, Florent Mc Isaac, Ngoc-Sang Pham.

Paper published in  Energy Policy – November 2015. The economic implications of oil price shocks have been extensively studied since the 1970s’. Despite this...