Pierre Yared

Pierre Yared is the MUTB Professor of International Business and Vice Dean for Executive Education at Columbia Business School. His research, which has been published in leading academic journals, focuses on macroeconomic policy, political economy, and growth. He is a research associate of the National Bureau of Economic Research and an associate editor of the American Economic Review. Yared teaches Global Economic Environment, a Core MBA course in macroeconomics for which he received the Dean’s Award for Teaching Excellence. He is a member of the Council on Foreign Relations and the Economic Club of New York. Yared received his AB in Economics from Harvard University and his PhD in Economics from Massachusetts Institute of Technology.

Research

Journal articles

• Instrument-Based vs. Target-Based Rules In Review of Economic Studies (forthcoming) Coauthor(s): Marina Halac, Pierre Yared
• Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey In Journal of Political Economy (2021) Coauthor(s): Davide Debortoli, Ricardo Nunes, Pierre Yared
• Commitment vs. Flexibility with Costly Verification In Journal of Political Economy (2020) Coauthor(s): Marina Halac, Pierre Yared
• The Optimal Public and Private Provision of Safe Assets In Journal of Monetary Economics (2019) Coauthor(s): Marina Azzimonti, Pierre Yared
• Rising Government Debt: Causes and Solutions for a Decades-Old Trend In Journal of Economic Perspectives (2019) Coauthor(s): Pierre Yared
• Fiscal Rules and Discretion in a World Economy In American Economic Review (2018) Coauthor(s): Pierre Yared
• A Note on Optimal Fiscal Policy in an Economy with Private Borrowing Limits In Economics Letters (2017) Coauthor(s): Marina Azzimonti, Pierre Yared
• Optimal Time-Consistent Government Debt Maturity In The Quarterly Journal of Economics (2017) Coauthor(s): Davide Debortoli, Ricardo Nunes, Pierre Yared
• The Institutional Causes of China''s Great Famine, 1959-1961 In Review of Economic Studies (2015) Coauthor(s): Xin Meng, Nancy Qian, Pierre Yared
• Fiscal Rules and Discretion Under Persistent Shocks In Econometrica (2014) Coauthor(s): Marina Halac, Pierre Yared
• A Theory of Political and Economic Cycles In Journal of Economic Theory (2014) Coauthor(s): Laurence Ales, Pricila Maziero, Pierre Yared
• Public Debt under Limited Private Credit In Journal of the European Economic Association (2013) Coauthor(s): Pierre Yared
• A Dynamic Theory of Resource Wars In The Quarterly Journal of Economics (2012) Coauthor(s): Daron Acemoglu, Michael Golosov, Aleh Tsyvinski, Pierre Yared
• The Political Economy of Indirect Control In The Quarterly Journal of Economics (2012) Coauthor(s): Gerard Padró i Miquel, Pierre Yared
• Political Limits to Globalization In American Economic Review (2010) Coauthor(s): Daron Acemoglu, Pierre Yared
• Politicians, Taxes, and Debt In Review of Economic Studies (2010) Coauthor(s): Pierre Yared
• A Dynamic Theory of War and Peace In Journal of Economic Theory (2010) Coauthor(s): Pierre Yared
• Future Rent-Seeking and Current Public Savings In Journal of International Economics (2010) Coauthor(s): Ricardo Caballero, Pierre Yared
• Reevaluating the Modernization Hypothesis In Journal of Monetary Economics (2009) Coauthor(s): Daron Acemoglu, Simon Johnson, James Robinson, Pierre Yared
• Income and Democracy In American Economic Review (2008) Coauthor(s): Daron Acemoglu, Simon Johnson, James Robinson, Pierre Yared
• From Education to Democracy? In American Economic Review (2005) Coauthor(s): Daron Acemoglu, Simon Johnson, James Robinson, Pierre Yared

Working papers

• Pandemic Lockdown: The Role of Government Commitment (2021)
  
• Coauthor(s): Christian Moser, Pierre Yared
• The Commitment Benefit of Consols in Government Debt Management (2021) Coauthor(s): Davide Debortoli, Ricardo Nunes, Pierre Yared
• Fiscal Rules and Discretion under Limited Enforcement (2019) Coauthor(s): Marina Halac, Pierre Yared
• Fiscal Rules and Discretion under Self-Enforcement (2017) Coauthor(s): Marina Halac, Pierre Yared
• The Optimality of Consols in Government Debt Management (2017) Coauthor(s): Davide Debortoli, Ricardo Nunes, Pierre Yared
• Commitment vs. Flexibility with Costly Verification (2017) Coauthor(s): Marina Halac, Pierre Yared
• Fiscal Rules and Discretion in a World Economy (2017) Coauthor(s): Marina Halac, Pierre Yared
• The Optimal Supply of Public and Private Liquidity (2017) Coauthor(s): Marina Azzimonti, Pierre Yared