Aurélien Eyquem

Associate Professor of Economics, HEC Lausanne, Université de Lausanne

Research

Working Papers

  • Markups, Taxes, and Rising Inequality
    S. Auray, A. Eyquem, B. Garbinti, J. Goupille-Lebret
    Link
  • On Automation, Labor Reallocation andWelfare
    S. Auray, A. Eyquem
    Link
  • Aging, Fertility and Macroeconomic Dynamics
    A. Eyquem, M. Hamano
    Link
  • Trade Wars, Currency Wars
    S. Auray, M.B. Devereux, A. Eyquem
    NBER Working Paper 27460, 2020
    Link

Main Publications

  • Trade Wars, Nominal Rigidities and Monetary Policy
    S. Auray, M.B. Devereux, A. Eyquem
    Review of Economic Studies, 2025
    Link Online Appendix
  • Trade Wars and the Optimal Design of Monetary Rules
    S. Auray, M.B. Devereux, A. Eyquem
    Journal of Monetary Economics, 2025
    Link Online Appendix
  • Optimal Unemployment Insurance in a THANK Model
    S. Auray, A. Eyquem
    Review of Economic Dynamics, 2024
    Link
  • The Demand for Trade Protection over the Business Cycle
    S. Auray, M.B. Devereux, A. Eyquem
    Journal of Money, Credit and Banking, 2024
    Link Online Appendix
  • On Portfolio Frictions, Asset Returns and Volatility
    A. Eyquem, C. Poilly, A. Belianska
    European Economic Review, 2023
    Link Online Appendix
  • Self-Enforcing Trade Policy and Exchange Rate Adjustment
    S. Auray, M.B. Devereux, A. Eyquem
    Journal of International Economics, 2022
    Link Online Appendix
  • Taking off into the Wind: Unemployment Risk and State-Dependent Government Spending Multipliers
    J. Albertini, S. Auray, H. Bouakez, A. Eyquem
    Journal of Monetary Economics, 2020
    Link Online Appendix
  • The Macroeconomic Effects of Lockdown Policies
    S. Auray, A. Eyquem
    Journal of Public Economics, 2020
    Link
  • Episodes of War and Peace in an Estimated Open Economy Model
    S. Auray, A. Eyquem
    Journal of Economic Dynamics and Control, 2019
    Link
  • Debt Hangover in the Aftermath of the Great Recession
    S. Auray, A. Eyquem, P. Gomme
    Journal of Economic Dynamics and Control, 2019
    Link
  • Ramsey-optimal Tax Reforms and Real Exchange Rate Dynamics
    S. Auray, A. Eyquem, P. Gomme
    Journal of International Economics, 2018
    Link
  • Banks, Sovereign Risk and Unconventional Monetary Policies
    S. Auray, A. Eyquem, X. Ma
    European Economic Review, 2018
    Link
  • Competitive Tax Reforms in a Monetary Union with Endogenous Entry and Tradability
    S. Auray, A. Eyquem, X. Ma
    European Economic Review, 2017
    Link
  • A Tale of Tax Policies in Open Economies
    S. Auray, A. Eyquem, P. Gomme
    International Economic Review, 2016
    Link
  • Government Spending, Monetary Policy, and the Real Exchange Rate
    H. Bouakez, A. Eyquem
    Journal of International Money and Finance, 2015
    Link
  • Welfare Reversals in a Monetary Union
    S. Auray, A. Eyquem
    American Economic Journal: Macroeconomics, 2014
    Link
  • Wars and Capital Destruction
    S. Auray, A. Eyquem, F. Jouneau-Sion
    Journal of Economic Dynamics and Control, 2014
    Link Previous version: Wars as Large Depreciation Shocks
  • Ramsey Policies in a Small Open Economy with Sticky Prices and Capital
    S. Auray, B. de Blas, A. Eyquem
    Journal of Economic Dynamics and Control, 2011
    Link

Other Publications

  • Heterogeneity, Convergence and Imbalances in the Euro Area
    S. Auray, A. Eyquem
    Revue de l’OFCE, 2020
    Link
  • The Welfare Gains of Cooperative Public Infrastructure Policies: A Trade and Supply-Side View
    R. Aloui, A. Eyquem
    Annals of Economics and Statistics, 2020
    Link
  • Spending Multipliers with Distortionary Taxes: Does the Level of Public Debt Matter?
    R. Aloui, A. Eyquem
    Journal of Macroeconomics, 2019
    Link
  • On the Role of Debt Maturity in a Model with Sovereign Risk and Financial Frictions
    S. Auray, A. Eyquem
    Macroeconomic Dynamics, 2017
    Link
  • Climatic Conditions and Productivity: An Impact Evaluation in Pre-industrial England
    S. Auray, A. Eyquem, F. Jouneau-Sion
    Annals of Economics and Statistics, 2016
    Link
  • Modelling Tails of Aggregated Economic Processes in a Stochastic Growth Model
    S. Auray, A. Eyquem, F. Jouneau-Sion
    Computational Statistics and Data Analysis, 2014
    Link
  • A Note on the Business Cycles Implications of Trade in Intermediate Goods
    A. Eyquem, G. Kamber
    Macroeconomic Dynamics, 2013
    Link
  • On Financial Markets Incompleteness, Price Stickiness and Welfare in a Monetary Union
    S. Auray, A. Eyquem
    Annals of Economics and Statistics, 2013
    Link
  • The Effect of a Common Currency on the Volatility of the Extensive Margin of Trade
    S. Auray, A. Eyquem, JC. Poutineau
    Journal of International Money and Finance, 2012
    Link Dataset
  • Comments on 'The Effect of a Common Currency on the Volatility of the Extensive Margin of Trade'
    S. Auray, A. Eyquem, L. Guimarães, JC. Poutineau
    Journal of International Money and Finance, 2013
    Link
  • Do Changes in Product Variety Matter for Fluctuations and Monetary Policy in Open Economies?
    S. Auray, A. Eyquem
    International Finance, 2011
    Link
  • Markets Integration and Macroeconomic Dispersion in a Monetary Union
    A. Eyquem, JC. Poutineau
    Louvain Economic Review, 2010
    Link
  • The Welfare Gains of Trade Integration in the European Monetary Union
    S. Auray, A. Eyquem, JC. Poutineau
    Macroeconomic Dynamics, 2010
    Link
  • Sharing Money Creation in a Monetary Union
    S. Auray, A. Eyquem, G. Hamiache, JC. Poutineau
    Review of International Economics, 2008
    Link
  • Nash Bargaining, Money Creation and Currency Union
    S. Auray, A. Eyquem, G. Hamiache, JC. Poutineau
    Annals of Economics and Finance, 2008

Publications in French

  • Inégalités de revenu et de patrimoine : modèles, données et perspectives croisées
    S. Auray, A. Eyquem, J. Goupille-Lebret & B. Garbinti
    Revue Française d'Economie, 2024
    Link
  • Les déséquilibres externes des Etats-Unis conduisent-ils à des asymétries au sein de l'UEM?
    A. Eyquem
    Annals of Economics and Statistics, 2011
    Link
  • Politique monétaire optimale et effet de variété en économie ouverte
    S. Auray, A. Eyquem, JC. Poutineau
    Economie et Prévision, 2010
    Link
  • Chocs asymétriques et bien-être en union monétaire avec marchés financiers incomplets
    S. Auray, A. Eyquem
    Revue Economique, 2009
    Link