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PRODID:-//AMSE//Event Calendar//FR
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UID:event-10760@amse-aixmarseille.fr
DTSTAMP:20260418T120652Z
CREATED:20260418T120652Z
LAST-MODIFIED:20260418T120652Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Nastasia Henry*\, Ulrich Aiounou**
DTSTART:20240206T100000Z
DTEND:20240206T111500Z
DESCRIPTION:*Can unconventional monetary policy reduce income and wealth in
 equalities\, across and within countries? Achieving a state with less inequ
 alities is an objective pursued by almost all governments. Central Banks ma
 y also pursue this objective\, as inequalities can shape the transmissions 
 and thus the impacts of monetary policy. In this present paper\, I gauge th
 e redistributive effects of an unconventional monetary policy: Helicopter M
 oney (Friedman\, 1969)\, in the euro area. I analyse whether Helicopter Mo
 ney has an impact on inequalities across and within Eurozone countries\, at
  a time when the zone experienced strong macroeconomic imbalances between i
 ts members. How does a common monetary policy transmit in a heterogeneous c
 urrency area? To do so\, I build a two-country Heterogeneous Agent New Key
 nesian (HANK) model\, with two layers of heterogeneity: across agents and c
 ountries. Considering different levels of public debt and interest rates al
 lows me to replicate macroeconomic imbalances in the zone\, between core an
 d peripheral countries.  The next step will be to estimate a Bayesian Vect
 or Autoregression (BVAR) model with Eurozone data.**This paper proposes a n
 ew model for modelling unemployment rate dynamics in the G7 countries as a 
 function of the business cycle while taking account of the hysteresis pheno
 mena highlighted in the theoretical literature. Our contribution is econome
 tric\, both theoretically and empirically.\\n\\nContact: Lucie Giorgi: luci
 e.giorgi[at]univ-amu.frRicardo Guzman: ricardo.guzman[at]univ-amu.frNatalia
  Labrador: natalia.labrador-bernate[at]univ-amu.frNathan Vieira: nathan.v
 ieira[at]univ-amu.fr\n\nPlus d'informations: https://amse-aixmarseille.fr/e
 n/events/nastasia-henry-ulrich-aiounou-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/nastasia-henry-ulrich-aiounou-0
CONTACT:Lucie Giorgi: lucie.giorgi[at]univ-amu.frRicardo Guzman: ricardo.gu
 zman[at]univ-amu.frNatalia Labrador:&nbsp\;natalia.labrador-bernate[at]univ
 -amu.frNathan Vieira:&nbsp\;nathan.vieira[at]univ-amu.fr
TRANSP:OPAQUE
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