Preprints & articles

​AN  ECONOMICAL BUSINESS-CYCLE MODEL
Pascal Michaillat, Emmanuel Saez・Oxford Economic Papers・April 2021
​BEVERIDGEAN UNEMPLOYMENT GAP
Pascal Michaillat, Emmanuel Saez・arXiv・December 2020
​PRICING UNDER FAIRNESS CONCERNS
Erik Eyster, Kristof Madarasz, Pascal Michaillat・Journal of the European Economic Association・August 2020
INCENTIVE-COMPATIBLE CRITICAL VALUES
Adam McCloskey, Pascal Michaillat・arXiv・May 2020
​RESOLVING NEW KEYNESIAN ANOMALIES WITH WEALTH IN THE UTILITY FUNCTION
Pascal Michaillat, Emmanuel Saez・Review of Economics and Statistics・December 2019
OPTIMAL PUBLIC EXPENDITURE WITH INEFFICIENT UNEMPLOYMENT
Pascal Michaillat, Emmanuel Saez・Review of Economic Studies・May 2019
PERSISTENCE OF FALSE PARADIGMS IN LOW-POWER SCIENCES
George A. Akerlof, Pascal Michaillat・Proceedings of the National Academy of Sciences・December 2018
A MACROECONOMIC APPROACH TO OPTIMAL UNEMPLOYMENT INSURANCE: APPLICATIONS
Camille Landais, Pascal Michaillat, Emmanuel Saez・American Economic Journal: Economic Policy・May 2018
A MACROECONOMIC APPROACH TO OPTIMAL UNEMPLOYMENT INSURANCE: THEORY
Camille Landais, Pascal Michaillat, Emmanuel Saez・American Economic Journal: Economic Policy・May 2018
AGGREGATE DEMAND, IDLE TIME, AND UNEMPLOYMENT
Pascal Michaillat, Emmanuel Saez・Quarterly Journal of Economics・May 2015
A THEORY OF COUNTERCYCLICAL GOVERNMENT MULTIPLIER
Pascal Michaillat・American Economic Journal: Macroeconomics・January 2014
DO MATCHING FRICTIONS EXPLAIN UNEMPLOYMENT? NOT IN BAD TIMES
Pascal Michaillat・American Economic Review・June 2012

lecture videos & notes

Lectures on Unemployment・Brown University・December 2020

PRESENTATION Slides

Beveridgean Unemployment Gap・University of California–Berkeley・December 2020
Incentive-Compatible Critical Values・BITSS annual meeting・December 2019
Resolving New Keynesian Anomalies with Wealth in the Utility Function・Federal Reserve Bank of New York・November 2019
Pricing under Fairness Concerns・University of Colorado–Boulder・August 2018
Optimal Public Expenditure with Inefficient Unemployment・Yale Law School・May 2017
Aggregate Demand, Idle Time, and Unemployment・Brown University・April 2017
A Theory of Countercyclical Government Multiplier・Brown University・April 2017
Do Matching Frictions Explain Unemployment? Not in Bad Times・Brown University・April 2017
A Macroeconomic Approach to Optimal Unemployment Insurance: Theory and Applications・University of California–Berkeley・November 2015
An Economical Business-Cycle Model・Federal Reserve Bank of San Francisco・March 2015

NONTECHNICAL WRITING

Calculating Incentive-Compatible Critical Values・supplysideliberal.com​・June 2020
Keeping Track of the Unemployment Gap・voxeu.org・April 2020
How to Design a Stimulus Package・voxeu.org・May 2019
The Persistence of False Paradigms in Low-Power Sciences・bitss.org・February 2019
Using Product and Labor Market Tightness to Understand Unemployment・voxeu.org・August 2014
Jobs in a Recession・blogs.lse.ac.uk/politicsandpolicy・May 2012
A Model of Unemployment with Matching Frictions and Job Rationing: Dissertation Summary・research.upjohn.org・January 2010