Pascal Paul
@pascalpaul
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Economist @sffed researching links between finance, monetary policy, and the macroeconomy. All views are my own.
San Francisco, CA
Joined June 2009
Very happy that our paper “The Transmission of Monetary Policy under the Microscope” has been published in @JPolEcon, joint work with @BlomhoffHolm and @ATischbi. With a slight delay, here is a short summary! https://t.co/sUDUHuPM5V (1/N)
journals.uchicago.edu
We investigate the transmission of monetary policy to household consumption using administrative data on the universe of households in Norway. On the basis of identified monetary policy shocks, we...
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4th Workshop on Firm Heterogeneity and Macroeconomics Looking forward to two exciting days in Bonn next month @JoachimJungherr @isaacbaley @ImmoSchott @EPoS224 @ERC_Research @UniBonn
#EconTwitter
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Great conference this Friday on macro-finance research @sffed 👇 drop me a message if you're in the Bay area and want to join! https://t.co/H4hoeqJEVR
frbsf.org
Submissions due by May 31, 2025, for the 2nd Annual Conference on Macro-Finance Research, to be held in San Francisco on October 10, 2025.
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Starting Sept 2025: CEPR & @sffed launch a monthly Virtual Seminar on Monetary Economics. Focus: central bank goals, policy design, transmission, & international dimensions. 🗓 First session: 4 Sept | 5PM CET Details 👉 https://t.co/B3WvniaNb0 Organisers: @michaelbauer_hh
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Many countries are currently considering the introduction of a CBDC, but there is much uncertainty around the macroeconomic effects. In a recent paper with Mauricio Ulate and Cynthia Wu, we explore those. VoxEU summary👇
The macroeconomic effects of introducing a central bank digital currency Pascal Paul @pascalpaul @sffed, Mauricio Ulate @sffed, Jing Cynthia Wu @JCynthiaWu @UofIllinois
https://t.co/OYjjc3lMQb
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Developing a quantitative New Keynesian dynamic stochastic general equilibrium model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency, from @pascalpaul, Mauricio Ulate, and @jcynthiawu
https://t.co/Cdr1TLWFSv
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🚨Friendly reminder that Saturday, May 31 is the deadline to submit (a) papers to our fall macro-finance conference and (b) nominations for the new Janet Yellen Award for Monetary Research. Details are here: https://t.co/eqDkzkOIrh
@sffed @ThomasMMertens @pascalpaul
frbsf.org
Submissions due by May 31, 2025, for the 2nd Annual Conference on Macro-Finance Research, to be held in San Francisco on October 10, 2025.
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Very excited to present some new work on evergreening with @pascalpaul and @vediense in Session 121, the dreaded saturday morning SED session. Also check out Session 3 for exciting new work on finance and misallocation with @kozjuli and Jeremy Majerovitz (draft coming very soon)
🚨 SED PROGRAM IS OUT 🚨 See you all in Copenhagen @SEDmeeting
https://t.co/YUl1w2JO5Q
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Great conference! Consider submitting your best macro-finance papers🙏 Also check out the new Janet Yellen Award for outstanding contributions to macro-finance/monetary economics 👇
Our Center for Monetary Research is hosting the 2nd Annual Macro-Finance Conference at the @sffed this fall. If you have a recent paper on the linkages between financial markets, monetary policy, and the macroeconomy, please submit by May 31! https://t.co/eqDkzkOaBJ
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This has been a while in the making but now we're live! You can check out our research, events and data products at https://t.co/hjI2So4Lqc and subscribe to our mailing list to stay in the loop. Thanks to @sylvainecon @ThomasMMertens and @pascalpaul for making this possible!
frbsf.org
Research and tools for understanding the links between monetary policy, financial markets, and the macroeconomy.
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Launched today🚀The new Center for Monetary Research @sffed 🚀 Check out the website with data, research, and events on monetary economics and macro-finance 👇 founded together with my colleagues @michaelbauer_hh, @ThomasMMertens, and @sylvainecon 👏
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We’re excited to announce the launch of the Center for Monetary Research at the SF Fed.
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📢 We're excited to welcome @pascalpaul from @sffed next Tuesday for a seminar in macroeconomics. He'll present: "A Macroeconomic Model of Central Bank Digital Currency". Don't miss this insightful discussion!🌟#UnilEcon #ThisIsEconomics 👉 Details: https://t.co/k6M4CXCXFj
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🚨📣 Macro-Finance Conference 📣🚨 October 11 @sffed, Keynote: @LudvigsonSydney Submission deadline: June 30 More infos here:
frbsf.org
The Federal Reserve Bank of San Francisco is sponsoring a conference on advances in macro-finance research, to be held in San Francisco on Friday, October 11, 2024. The purpose of the conference is...
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🚨📣 Macro-Finance Conference 📣🚨 October 11 @sffed, Keynote: @LudvigsonSydney Submission deadline: June 30 More infos here:
frbsf.org
The Federal Reserve Bank of San Francisco is sponsoring a conference on advances in macro-finance research, to be held in San Francisco on Friday, October 11, 2024. The purpose of the conference is...
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Banks facing losses on their securities portfolios cut lending to firms, but mainly when those losses tighten their capital requirements, from @ProfGreenwald, John Krainer, and @pascalpaul
https://t.co/05qMNZzRkO
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Really nice paper!
“Owe your banker £1,000 and you are at his mercy; owe him £1 million and the position is reversed.” Keynes. We evaluate this idea (with @mfariacastro @pascalpaul) using data on bank-firm relationships and incorporating it into a dynamic model. Published!!
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Very excited to see Evergreening published in the JFE 😃
“Owe your banker £1,000 and you are at his mercy; owe him £1 million and the position is reversed.” Keynes. We evaluate this idea (with @mfariacastro @pascalpaul) using data on bank-firm relationships and incorporating it into a dynamic model. Published!!
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