Faculty Affiliates in the News

Benjamin Moll, Associate Professor of Economics and International Affairs at Princeton University, has been awarded the 2017 Bernácer Prize for his "path-breaking contributions to incorporate consumer and firm heterogeneity into macroeconomic models" and his use of such models to study the "rich interactions between inequality and the macroeconomy.” Moll’s research focuses on two key questions: why some countries are richer than others and how income and wealth disparities impact the larger

Why is Europe’s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival.