The Banque de France – PSE Chair is glad to invite you to an online lecture given by Ricardo Reis (London School of Economics) on March 18, 2021. The lecture will be chaired by Olivier Garnier (Banque de France) and will be followed by a discussion by Daniel Cohen (PSE, ENS) and a Q&A session.

The Constraint on Public Debt when r<g but g<m

Date: March 18, 2021 ; 10:00 am-11:30 am

Ricardo Reis is the A.W. Phillips Professor of Economics at the London School of Economics. Recent honors include the 2016 Bernacer prize for best European economist under the age of 40 working in macroeconomics and finance, and the 2017 Banque de France / Toulouse School of Economics junior prize in monetary economics, finance, and bank supervision for a researcher of any nationality based in Europe. Professor Reis is an academic consultant at the Bank of England and the Federal Reserve system, he directs the ESRC Centre for Macroeconomics in the UK, is a recipient of an ERC grant from the EU, and serves on the council or as an advisor of multiple organizations. He has published widely on macroeconomics. His main areas of research are inflation expectations, unconventional monetary policies and the central bank’s balance sheet, disagreement and inattention, business cycle models with inequality, automatic stabilizers, sovereign-bond backed securities, and the role of capital misallocation in the European slump and crisis. His public service includes writing a weekly column for the Portuguese press and developing European Safe Bonds (ESBies). Professor Reis received his PhD from Harvard University, and was previously on the faculty at Columbia University and Princeton University.