Axelle Ferrière

Biographic Data

ID8761918
NAMEAxelle Ferrière
GIVEN NAMESAxelle
FAMILY NAMEFerrière
SIGNATUREFERRIÈRE A
AFFILIATIONSParis School of Economics-CNRS
ORCID0000-0001-9060-5377
VERIFIEDYes
TOTAL WORKS4
TOTAL CITATIONS0
WORKS AS AUTHOR4
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2019
LATEST PUBLICATION YEAR2024
H-INDEX0

  • Optimal Redistribution

    Open AccessAxelle Ferrière, Philipp Grübener et al.ARTICLESSRN Electronic Journal2024

  • Axelle Ferriere discussion of

    Open AccessAxelle FerrièreARTICLEEconomic Policy2024

  • The Heterogeneous Effects of Government Spending

    Open AccessAxelle Ferrière, Gastón NavarroARTICLEThe Review of Economic Studies2024

    Historically, large changes in U.S. government spending induced fiscal efforts that were not all alike, with some using more progressive taxes than others. We develop a heterogeneous-agent New Keynesian model to analyse how the distribution of taxes across households shapes spending multipliers. The model yields empirically realistic distributions in marginal propensities to consume and labour elasticities, which result in lower responsiveness to…

  • Fiscal Austerity in Ambiguous Times

    Axelle Ferrière, Anastasios G KarantouniasARTICLEAmerican Economic Journal…2019

    This paper analyzes optimal fiscal policy with ambiguity aversion and endogenous government spending. We show that without ambiguity, optimal surplus-to-output ratios are acyclical and that there is no rationale for either reduction or further accumulation of public debt. In contrast, ambiguity about the cycle can generate optimally policies that resemble “austerity” measures. Optimal policy prescribes higher taxes in adverse times and front-load…