Podcast de l’interview de Cyril Casmèze et d’Etienne Ollion dans “Les Matins du samedi” sur France Culture – Épisode du samedi 4 juin 2022 par Caroline Broué, 1h 59mn

Etienne Ollion était l’invité d’Emmanuel Laurentin dans l’émission “Le Temps du débat” sur France Culture – Épisode du jeudi 19/05/2022 – 38 mn

Patricia Crifo était invitée dans l’émission ” Le Débat du jour” sur RFI animé par Romain Auzouy – 17/02/2022 – 29 mn

Interview de Benoît Schmutz dans le second focus de l’émission Culture Monde “L’urgence climatique” de France Culture – 16/12/2021 – 57 mn

An interview with Julien Combe by TWS Partners –  Juillet 2021 – 37 mn

Interview d’Isabelle Méjean et de Benoît Schmutz sur France Inter – 04/05/2021 – 2 mn

Podcast d’Etienne Ollion sur Europe 1 – 27/02/2021 – 42 mn

Podcast de Béatrice Cherrier sur France Culture – 19/01/2021 – 58 mn

Les podcasts du Crest : Stéphane Auray – Novembre 2020 – 19 mn

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The macroeconomic effects of lockdown policies in Journal of Public Economics
Stéphane Auray, CREST-Ensai and ULCO, France, Aurélien Eyquem, Univ Lyon, Université Lumière Lyon 2, Institut Universitaire de France

A b s t r a c t
A tractable incomplete-marketmodel with endogenous unemployment risk, sticky prices, real wage rigidity and a fiscal side is calibrated to Euro Area countries and used to analyze the macroeconomic effects of lockdown policies. Modeling them as a shock to the extensive margin of labor adjustment – a rise in separations – produces large and persistent negative effects on output, unemployment and welfare, raises precautionary savings and lowers inflation, in line with early evidence about inflation dynamics. Modeling lockdowns as a shock to the intensive margin – a fall in labor utilization – produces small and short-lived macroeconomic and welfare effects, and implies a counterfactual rise in inflation. Conditional on a lockdown(separation) shock, raising public spending or extending UI benefits by large amounts is much more effective in stimulating the economy than during normal times. Quantitatively however, the ability of such policies to flatten the output and unemployment curves remains limited, even though these policies can alleviate a reasonable share of the aggregate welfare losses from the lockdown.

© 2020 Elsevier B.V. All rights reserved.

Lien vers l’article source : https://www.sciencedirect.com/science/article/abs/pii/S0047272720301249