Wednesday 1 June

 09:00-10:00 

Amphithéâtre Jacques Chapsal

Welcome Remarks
Beatrice Weder di Mauro (President, CEPR)
Mathias Vicherat (President, Sciences Po)

Keynote speech: A Brief History of Equality
Thomas Piketty (Paris School of Economics and CEPR)


 10:00-11:00 

Amphithéâtre Émile Boutmy

Panel on Spatial Disparities in Europe

Chair: Lin Tian (INSEAD and CEPR)

Panellists:
Chiara Criscuolo (OECD)
Henry Overman (LSE and CEPR)

Tony Venables (University of Manchester and CEPR)

Pierre-Philippe Combes (Sciences Po and CEPR)


Amphithéâtre LB/AS

Household Finance Network
Chair: Michael Haliassos (Goethe University Frankfurt and CEPR)

Wealth inequality: Opportunity or unfairness?
Yigitcan Karabulut (Frankfurt School of Finance and Management and CEPR), with Michael Haliassos and Thomas Jansson

Insuring Labor Income Shocks: The Role of the Dynasty
Luigi Guiso (EIEF and CEPR), with Andreas Fagereng, Luigi Pistaferri, and Marius A. K. Ring


Amphithéâtre Jacques Chapsal

Geneva Report Panel: Debt and Climate
Chair: Ugo Panizza (The Graduate Institute, Geneva and CEPR)

Panellists:
Patrick Bolton (Columbia Business School, Imperial College and CEPR)
Christoph Trebesch (Kiel Institute for the World Economy and CEPR)
Beatrice Weder di Mauro (The Graduate Institute, Geneva and CEPR)
Jeromin Zettelmeyer (IMF and CEPR)

 

 


11:00-11:30 Coffee Break 


 11:30-12:30 

Amphithéâtre Émile Boutmy

Populism RPN
Chair: Sergei Guriev (Sciences Po and CEPR)

The Virus of Fear: The Political Impact of Ebola in the U.S.
Ruben Durante (UPF and CEPR)

Echo Chambers: Does Network Structure Matter?
Maria Petrova (UPF and CEPR)


Amphithéâtre LB/AS

Household Finance Network
Chair: Michael Haliassos (Goethe University Frankfurt and CEPR)

Why does Consumption fluctuate in old age and how should the government insure it?
Jeanne Commault (Sciences Po), with Richard Blundell, Margherita Borella, and Mariacristina De Nardi

What do the portfolios of individual investors reveal about the cross-section of equity returns?
Sebastien Betermier (McGill University), with Laurent Calvet, Samuli Knüpfer, and Jens Kvaerner


Amphithéâtre Jeannie de Clarens

Climate Finance
Chair: Franklin Allen (Imperial College London and CEPR)

Net-Zero Carbon Portfolio Alignment
Patrick Bolton (Columbia Business School, Imperial College and CEPR), with Martin Kacperczyk, and Frédéric Samama

A Theory of Socially Responsible Investment
Marcus Opp (Stockholm School of Economics and CEPR), with Martin Oehmke


 12:30-14:00 Lunch 


 14:00-15:00 

Amphithéâtre Émile Boutmy

Populism RPN
Chair: Sergei Guriev (Sciences Po and CEPR)

A Commitment Theory of Populism
Massimo Morelli (Bocconi University and CEPR), with Antonio Nicolo, and Paolo Roberti

Populist Leaders and the Economy
Moritz Schularick (Sciences Po, University of Bonn and CEPR)


Amphithéâtre Jacques Chapsal

Competition Policy Panel
Chair: Tommaso Valletti (Imperial College London and CEPR)

Panellists:
Benoit Coeuré (Autorité de la Concurrence)
Mar Réguant (Northwestern University, Barcelona School of Economics and CEPR)
Rod Sims (ANU)
Martin Watzinger (University of Münster and CEPR)


Amphithéâtre Jeannie de Clarens

Climate Finance
Chair: Franklin Allen (Imperial College London and CEPR)

Optimal Design of Green Securities
Federica Zeni (Imperial College London), with Adelina Barbalau

Climate Risk Disclosure and Institutional Investors
Emirhan Ilhan (Frankfurt School of Finance & Management), with Philipp Krueger, Zacharias Sautner, and Laura Starks


 15:00-16:15 

Amphithéâtre Émile Boutmy

Panel on European Data
Chair: Ugo Panizza (The Graduate Institute, Geneva and CEPR)

Panellists:
Daniel Cohen (Paris School of Economics and CEPR)
Teresa Munzi (LIS Data Center)
Filippo di Mauro (IWH and CompNet)
Şebnem Kalemli-Özcan (University of Maryland and CEPR)
Bruno Tissot (BIS)


Amphithéâtre Jacques Chapsal

Barcelona Report Panel: Technology and Finance
Chair: Xavier Vives (IESE Business School and CEPR)

Panellists:
Darrell Duffie (Stanford University)
Thierry Foucault (HEC, Paris and CEPR)
Tara Rice (BIS)


 16:15-16:45 Coffee Break 


 16:45-17:30 

Amphithéâtre Jacques Chapsal

Torino Festival of Economics
Opening Speech by Jean Tirole (Toulouse School of Economics and CEPR)


 17:30-19:00 

Amphithéâtre Jacques Chapsal

Consequences of the War on Europe and the World
Chair: Beatrice Weder di Mauro (The Graduate Institute, Geneva and CEPR)

Keynote speech: Inflation Shocks and Monetary Policy
Philip Lane (ECB and CEPR)

Panel: What does the Crisis change? – Consequences in all areas
Chair: Beatrice Weder di Mauro (The Graduate Institute, Geneva and CEPR)

Panellists:
Philippe Martin (Sciences Po and CEPR)
Lucrezia Reichlin (LBS and CEPR)
Lars-Hendrik Röller (ESMT and CEPR)
Yuriy Gorodnichenko (University of California, Berkeley and CEPR)


 20:00-23:00 Conference dinner - Bateaux Mouches 


 

Thursday 2 June

 08:45-09:20 

Amphithéâtre Jacques Chapsal

Chair: Beatrice Weder di Mauro (President, CEPR)

Keynote speech: Europe Refocused 

François Villeroy de Galhau (Governor, Banque de France)


 09:20-10:30 

Amphithéâtre Jacques Chapsal

EEA Panel: Europe Refocused
Chair: Jean Pisani-Ferry (Bruegel, EUI, PIIE, Sciences Po and CEPR)

Panellists:
Agnès Bénassy Quéré (Ministry of Economy and Finance, France, PSE and CEPR)
Francesco Giavazzi (Bocconi University and CEPR)
Luis Garicano (Renew Europe and CEPR)


 10:30-10:45 Coffee Break 


 10:45-11:45 

Amphithéâtre Jacques Chapsal

European Economic Architecture: Macro Session
Chair: Jean Pisani-Ferry (Bruegel, EUI, PIIE, Sciences Po and CEPR)

Macroeconomic Policy Choices at the Current Juncture based on Fiscal policy in the age of Covid: Does it ‘get in all of the cracks’
Pierre-Olivier Gourinchas (IMF and CEPR), with Şebnem Kalemli-Özcan, Veronika Penciakova, and Nick Sander  

 


Amphithéâtre Émile Boutmy

POLECON: Identity, Norms, Race and Discrimination
Chair: Helios Herrera (University of Warwick and CEPR)

Race, Representation and Local Governments in the US South: the Effect of the Voting Rights Act
Cecilia Testa (University of Nottingham)

A Political Economy of Social Discrimination
Stephane Wolton (LSE and CEPR), with Torun Dewan    


Amphithéâtre LB/AS

Macroeconomics and Growth: On the optimal design of the welfare state
Chair: Franklin Allen (Imperial College London and CEPR)

Rethinking the Welfare State
Nezih Guner (UAB, BSE and CEPR)

On the optimal design of transfers and income-tax progressivity
Oliko Vardishvili (Yale University), with Axelle Ferriere, Philipp Grübener and Gaston Navarro


 11:45-12:45 

Amphithéâtre Jacques Chapsal

European Economic Architecture: “Objective 1992” thirty years after: The ever-unfinished single market

Chair: Jean Pisani-Ferry (Bruegel, EUI, PIIE, Sciences Po and CEPR)

Borders within Europe
Jaume Ventura (CREI, UPF, BSE and CEPR)

The economics of migration to the EU
Jonathan Portes (King's College London and UK in a Changing Europe)


Amphithéâtre Émile Boutmy

POLECON: Identity, Norms, Race and Discrimination

Chair: Helios Herrera (University of Warwick and CEPR)

Control through Empowerment: Evidence from Nation-Building in Soviet Central Asia
Ekaterina Zhuravskaya (Paris School of Economics and CEPR), with Paul Castañeda Dower and Andrei Markevich

Visual Stereotypes in News Media
Carlo Schwarz (Bocconi University and CEPR), with Elliott Ash, Ruben Durante and Mariia Grebenshchikova


Amphithéâtre LB/AS

Macroeconomics and Growth: Adjustments of workers and firms to shocks
Chair: Franklin Allen (Imperial College London and CEPR)

Induced Automation: Evidence from Firm-level Patent Data
David Hémous (University of Zurich and CEPR), with Antoine Dechezleprêtre, Morten Olsen and Carlo Zanella

Escaping the Losses from Trade: The Impact of Heterogeneity on Skill Acquisition
Axelle Ferriere (Paris School of Economics and CEPR), with Gaston Navarro and Ricardo Reyes-Heroles


 12:45-14:00 Lunch 


 14:00-15:00 

Amphithéâtre Jacques Chapsal

Lessons from the Pandemic Crisis
Chair: Charles Wyplosz (The Graduate Institute, Geneva and CEPR)  

Keynote speech: Pandemic Crisis, Great Supply Chain Disruption, and Inflation
Şebnem Kalemli-Özcan (University of Maryland and CEPR)

Keynote speech: Which policies for vaccine innovation and delivery in Europe? 
Mathias Dewatripont (ULB and CEPR)


 15:00-16:00 

Amphithéâtre Jacques Chapsal

Fintech RPN
Chair: Dirk Niepelt (University of Bern and CEPR)

Digital Platforms, Payments, and Information
Cyril Monnet (University of Bern), with Peter Hoffman, and Toni Ahnert

Blockchain Analysis of the Bitcoin Market
Igor Makarov (LSE), with Antoinette Schoar


Amphithéâtre Émile Boutmy

Policies for peace RPN: The Economics of Popular Uprisings

Chair: Dominic Rohner (HEC Lausanne and CEPR)

Going Viral: Propaganda, Persuasion and Polarization in 1932 Hamburg
Bruno Caprettini (University of Zurich), with Hans-Joachim Voth, Marcel Caessmann, and David Yanagizawa-Drott

Breaking the Echo Chamber: Nonviolent Protest and Police Violence on Twitter
Hannes Mueller (IAE(CSIC), BSE and CEPR), with Luis Menendez, Daniel Montolio, and Francesco Slataper


Amphithéâtre LB/AS

International Trade
Chair: Gianmarco Ottaviano (Bocconi University and CEPR)

The Effects of Climate Change on Labor and Capital Reallocation
Paula Bustos (CEMFI and CEPR), with Christoph Albert, and Jacopo Ponticelli

Unravelling Deep Integration: Local Labour Market Effects of the Brexit Vote
Beata Javorcik (EBRD and CEPR), with Benjamin Kett, Katherine Stapleton, and Layla O’Kane


 16:00-17:00 

Amphithéâtre Jacques Chapsal

International Macroeconomics and Finance
Chair: Hélène Rey (London Business School and CEPR)

Global Real Rates
Pierre-Olivier Gourinchas (IMF and CEPR)

Reply: Ricardo Reis (LSE and CEPR)

Global realignment in financial market dynamics: Evidence from ETF networks
Loriana Pelizzon (SAFE, Goethe University Frankfurt and CEPR), with Monica Billio, Andrew W. Lo, Mila Getmansky Sherman, and Abalfazl Zareei

Reply: Şebnem Kalemli-Özcan (University of Maryland and CEPR)


Amphithéâtre Émile Boutmy

Policies for peace RPN: The Economics of Popular Uprisings

Chair: Dominic Rohner (HEC Lausanne and CEPR)

The Web of Power: How Elite Networks Shaped War and China
Ruixue Jia (LSE and CEPR), with Ying Bai and Jiaojiao Yang

Hidden Hostility: Donor Attention and Political Violence
Dominic Rohner (HEC Lausanne and CEPR), with Siwan Anderson, Patrick Francois, and Rogerio Santarrosa

Social Networks, Peer Effects, and Protest Participation
Ruben Enikolopov (UPF, Barcelona School of Economics and CEPR), with Maria Petrova, Aleksey Makarin, and Leonid Polishchuk


Amphithéâtre LB/AS

International Trade

Chair: Beata Javorcik (EBRD and CEPR)

Dream jobs in a globalized economy: wage dynamics and international experience
Gianmarco Ottaviano (Bocconi University and CEPR), with Giordano Mion, and Luca David Opromolla

The Long-Term Effects of Industrial Policy
Andrei Levchenko (University of Michigan and CEPR), with Jaedo Choi


 17:00-17:15 Coffee Break 


 17:15-18:30 

Amphithéâtre Jacques Chapsal

In honour of Richard Portes: Recorded messages by Mario Draghi and Christine Lagarde
Chair: Beatrice Weder di Mauro (President, CEPR)

Panel on Systemic Risk: Where is the next financial crisis coming from?
Chair: Richard Portes (London Business School and CEPR)

Panellists:
Pablo Hernandez de Cos (Governor, Banco de España)
Claudia Buch (Deutsche Bundesbank and CEPR)
Stephen Cecchetti (Brandeis University and CEPR)


 18:30-20:00 Drinks Reception - Sciences Po Gardens at 27 Rue Saint-Guillaume 

Friday 3 June

 08:45-09:45 

Amphithéâtre LB/AS

Monetary Economics and Fluctuations
Chair: Refet Gürkaynak (Bilkent University and CEPR)

Heterogeneous Beliefs and the Phillips Curve
Francesca Monti (King's College London, UC Louvain and CEPR)

Discussant: Refet Gürkaynak (Bilkent University and CEPR)

Information and Wealth Heterogeneity in the Macroeconomy
Kathrin Schlafmann (Copenhagen Business School and CEPR)

Discussant: Evi Pappa (Universidad Carlos III de Madrid and CEPR)


Amphithéâtre Jacques Chapsal

Geneva Report Policy Panel on Debt
Chair: Carlo Cottarelli (Università Cattolica del Sacro Cuore)

Panellists:
Agnès Bénassy-Quéré (Ministry of Economy and Finance, France, PSE and CEPR)
Giancarlo Corsetti (European University Institute and CEPR)
Moritz Schularick (Sciences Po, University of Bonn and CEPR)
Silvia Ardagna (Barclays)


Amphithéâtre Émile Boutmy

Climate Economics RPN
Chair: Christian Gollier (Toulouse School of Economics and CEPR)

Asset Diversification versus Climate Action
Rick van der Ploeg (Oxford University and CEPR), with Christoph Hambel and Holger Kraft

Yellow Vests, Pessimistic Beliefs, and Carbon Tax Aversion
Adrien Fabre (ETH Zürich), with Thomas Douenne


 09:45-10:45 

Amphithéâtre Jacques Chapsal

Monetary Economics and Fluctuations: Policy Panel on Inflation
Chair: Refet Gürkaynak (Bilkent University and CEPR)

Panellists:
Luc Laeven (ECB and CEPR)
Gian Maria Milesi-Ferretti (The Brookings Institution and CEPR)
Lucrezia Reichlin (London Business School and CEPR)


Amphithéâtre LB/AS

Economic History Session: Macro History
Chair: Nathan Sussman (The Graduate Institute, Geneva and CEPR)

Macrohistory database
Moritz Schularick (Sciences Po, University of Bonn and CEPR)

The Aftermath of Sovereign Debt Crises: A Narrative Approach
Jason Lennard (LSE and CEPR), with Rui Esteves, and Sean Kenny


Amphithéâtre Émile Boutmy

Sustainable Finance RPN
Chair: Dirk Schoenmaker (Erasmus University and CEPR)

Responsible Investing and Stock Allocation
Marie Briere (Amundi, Paris Dauphine University and ULB), with Stefano Ramelli

Get Real! Individuals Prefer More Sustainable Investments
Rob Bauer (Maastricht University)


 10:45-11:00 Coffee Break 


 11:00-12:15 

Amphithéâtre Jacques Chapsal

Sustainable Finance / Climate Economics RPNs
Chairs: Dirk Schoenmaker (Erasmus University and CEPR) and Christian Gollier (Toulouse School of Economics and CEPR)

Introduction: Fossil Fuel-Related Investments and Climate Change
Dirk Schoenmaker (Erasmus University and CEPR), with Roel M. W. J. Beetsma, and Heleen de Coninck

What Do You Think about Climate Finance?
Jeffrey Wurgler (New York University), with Johannes Stroebel

Joint Panel: After COP26
Chair: Christian Gollier (Toulouse School of Economics and CEPR)

Panellists:
Gilles Moec (Chief Group Economist, AXA)
Mar Réguant (Northwestern University and CEPR)
Rick van der Ploeg (Oxford University and CEPR)
Lucrezia Reichlin (LBS and CEPR)


Amphithéâtre LB/AS

Economic History Session: Economic Effects of Empire
Chair: Steve Broadberry (Oxford University and CEPR)

The global impact of American precious metals  
Leticia Arroyo-Abad (CUNY and CEPR)

The Economic Consequences of the Opium War
Wolfgang Keller (University of Colorado, Boulder and CEPR), with Carol Shiue    


Amphithéâtre Émile Boutmy

International Lending and Sovereign Debt RPN
Chair: Christoph Trebesch (Kiel Institute for the World Economy and CEPR)

Jumpstarting an International Currency
Ricardo Reis (LSE and CEPR), with Saleem Bahaj

Bilateral International Investments: The Big Sur?
Fernando Broner (Barcelona School of Economics and CEPR), with Tatiana Didier, Sergio L. Schmuckler, and Goetz von Peter


 12:15-13:15 Lunch 


 13:15-14:30 

Amphithéâtre Jacques Chapsal

Chair: Beatrice Weder di Mauro (President, CEPR)

Remarks: Othman Nasrou (Vice-president, Région Île de France)

Keynote speech: Accelerating Energy Transition and Green Innovation in Europe
Philippe Aghion (Collège de France, INSEAD, LSE and CEPR)

Keynote speech: Supply Chain Realities: Can omelettes be unscrambled?
Richard Baldwin (The Graduate Institute, Geneva and CEPR)


 14:30-15:30 

Amphithéâtre LB/AS

Development Economics
Chair: Karen Macours (Paris School of Economics and CEPR)

The Allocation of Incentives in Multi-Layered Organizations
Erika Deserranno (Northwestern University and CEPR), with Stefano Caria, Philipp Kastrau, and Gianmarco León-Ciliotta

Islam and the State: Religious Education in the Age of Mass Schooling
Benjamin Marx (Sciences Po and CEPR), with Samuel Bazzi, and Masyhur Hilmy


Amphithéâtre Jacques Chapsal

Panel on Green Innovation
Chair: Philippe Aghion (Collège de France, INSEAD, LSE and CEPR)

Panellists:
Gianmarco Ottaviano (Bocconi University and CEPR)
David Hémous (University of Zurich and CEPR)
Alexandra Roulet (INSEAD and CEPR)


 15:30-16:30 

Amphithéâtre LB/AS

Development Economics
Chair: Karen Macours (Paris School of Economics and CEPR)

Modernizing the State During War: Experimental Evidence from Afghanistan
Michael Callen (London School of Economics and CEPR)

Childcare, labor supply, and business development: Experimental evidence from Uganda
Selim Gulesci (Trinity College Dublin and CEPR), with Kjetil Bjorvatn, Denise Ferris, Arne Nasgowitz, Vincent Somville, and Lore Vandewalle


Amphithéâtre Jacques Chapsal

Panel on Sustainable Finance and EU Taxonomy
Chair: Nathan Sussman (The Graduate Institute, Geneva and CEPR)

Panellists:
Jan Pieter Krahnen (SAFE, Goethe University Frankfurt and CEPR)
Michala Marcussen (Société Générale)
Lucrezia Reichlin (LBS and CEPR)

Benoit Mojon (BIS)


 16:30 Coffee & Close 

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The 2022 Paris Symposium took place at Sciences Po, Paris on 1-3 June and brought together leading voices in European and global economics from across our network.  Over 100 speakers were heard across some 78 sessions.  While the Symposium itself was invitation only, we are making key moments available in the form of live recordings from all the major panels as well as podcasts recorded at the venue and shorter video interviews, all of which will be added to this page as they are published.