Microeconomics

02.12.2025: Laura Castillo-Martínez – Frictionless inflation

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Presenter: Laura Castillo-Martínez Affiliation: Duke University, Department of Economics. Paper: Frictionless Inflation. Date: December 2, 2025. Time: 15:00 Israel Time. Abstract: The existence of menu costs of price adjustment is one of the leading explanations for the delayed response of prices to changes in economic conditions. This paper investigates the relationship between menu costs of … Read more

14.12.2021: Jean Tirole – Industrial monetary policy

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Presenter: Jean Tirole Affiliation: Toulouse School of Economics Paper: Industrial Monetary Policy Date: December 14, 2021 Time: 13:00 GMT Abstract: We consider “industrial monetary policies”: Liquidity support policies through which authorities shape the location and continuation of economic activity on their soil, with consequences for banks’ international specialization, place of incorporation, charter of affiliates and … Read more