Pascal Paul

Economist @sffed researching links between finance, monetary policy, and the macroeconomy. All views are my own.

[Pascal Paul @pascalpaul]

🚨 Call for Papers 🚨

3rd Annual Conference on Macro-Finance Research @sffed

Please send us your latest macro-finance papers 👇

We'll also give out the Janet Yellen Award for Monetary Research again! Please submit your best nominations 👇

https://t.co/WGzb2gO5pX

[Pascal Paul @pascalpaul]

🚨 Call for Papers 🚨

3rd Annual Conference on Macro-Finance Research @sffed

Please send us your latest macro-finance papers 👇

We'll also give out the Janet Yellen Award for Monetary Research again! Please submit your best nominations 👇

https://t.co/WGzb2gO5pX

[Juan M. Sánchez @vediense]

Enjoyed m visit yesterday at the IMF Research Department. Presented our new paper (with @pascalpaul and @mfariacastro) on the trade-offs of using “soft credit” to stabilize the economy. I used AI to summarize the main driving forces in the model into this table. Paper: https://t.co/Zp4n1vHiYS

[Juan M. Sánchez @vediense]

I've just added a new working paper on Stabilization vs. Growth to my personal website. It's been fun experimenting with AI to add new features while keeping my simple Google Sites setup with HTML.
https://t.co/2oGDDVEFTD

[Noah Williams @Bellmanequation]

Speaker grid from Miami Macro 2026. The conference was great, hope you can join us next year! 🌴📈💵🦎 @WillWitheridge @SilvaDejanir @economoser @mfariacastro @ShihanXie @cmatthes_econ & others

[Pascal Paul @pascalpaul]

Ezra Klein Podcast: Our Tax System Should Make You Furious 👇

https://t.co/45jWkwGv0k

[Miguel Faria e Castro @mfariacastro]

1/ new paper w/ @pascalpaul and @vediense: Stabilization vs. Growth

When firms in distress are saved, the economy may become more stable in the short run, at the cost of long-run growth.
We study this trade-off in a model w/ fluctuations, endogenous growth, and heterog. firms

[Pascal Paul @pascalpaul]

China shock 2.0: the flood of high-tech goods that will change the world 👇

https://t.co/QIxbBilXQz

[Pascal Paul @pascalpaul]

@gchodorowreich @ludwigstraub yay, congrats, @ludwigstraub! 🥳

[Miguel Faria e Castro @mfariacastro]

Very excited to present new work on Stabilization vs. Growth with @pascalpaul and @vediense at this conference, where we consider the implications of different types of credit regimes for economic growth, business cycles, and welfare. Draft and thread coming very soon!

[Pascal Paul @pascalpaul]

Good points on taxing wealth 👇

https://t.co/2o6757oEQ8

[Pascal Paul @pascalpaul]

Interesting conversation 👇
https://t.co/gXGik5uAND

[Tania Babina 🇺🇸 🇺🇦 @TaniaBabina]

Inspired by having the most cited paper in top three Finance journals in 2024, I decided to see which papers published in 2025 (in Journal of Finance, Journal of Financial Economics, Review of Financial Studies) had the most citations in Google Scholar. Top 15 (out of about 300)

[Joachim Jungherr @JoachimJungherr]

Looking back at our 4th Workshop on Firm Heterogeneity & Macro in Bonn: @mfariacastro (St. Louis Fed) presented "Credit, Productivity, and Stabilization Policies" discussed by @vereshchag46707 (Arizona State) #econtwitter

[Miguel Faria e Castro @mfariacastro]

Had an incredible time at the 4th Firm Heterogeneity in Macroeconomics workshop in Bonn, where I presented new work on soft credit, growth and stabilization w/ @vediense & @pascalpaul. Thanks to all the organizers & keynotes, esp. @isaacbaley who closed the conf with Philip Glass

[Matthias Meier @MatthiasMeier1]

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

[Pascal Paul @pascalpaul]

@MSchularick congrats! 🥳

[Pascal Paul @pascalpaul]

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

[CEPR @cepr_org]

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/h9R7DiQLKe

Organisers:
@michaelbauer_hh @sffed, @RefetGurkaynak @BilkentEconDept, @KlodianaIstrefi @banquedefrance, @mcmahonecon @OxfordEconDept @UniofOxford

[Pascal Paul @pascalpaul]

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👇

[VoxEU @voxeu]

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