Pierre Yared
- Senior Vice Dean for Faculty Affairs
- Dean's Office
- Vice Dean, Executive Education
- Executive Education
- MUTB Professor of International Business
- Economics Division
- Co-Director
- Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University
- Areas of Expertise
- Asset Management Globalization Labor Markets Macroeconomics Organizations & Markets
- Contact
- Office: 353 Kravis
- Phone: (212) 8549670
- E-mail: [email protected]
Pierre Yared is the MUTB Professor of International Business, Senior Vice Dean for Faculty Affairs, and Vice Dean for Executive Education at Columbia Business School. His research, which has been published in leading academic journals, focuses on macroeconomic policy and political economy. 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.
- Education
-
A.B., Economics, Harvard University, 2001; Ph.D., Economics, Massachusetts Institute of Technology, 2007
- Joined CBS
- 2007
All Activities
- Type
-
Journal Article
.
“Pandemic Lockdown: The Role of Government Commitment.”
(Forthcoming).
- Type
-
Journal Article
Halac, Marina and Pierre Yared
.
“Fiscal Rules and Discretion under Limited Enforcement.”
(September 01, 2022).
- Type
-
Journal Article
.
“The Commitment Benefit of Consols in Government Debt Management.”
(June 01, 2022).
- Type
-
Journal Article
Halac, Marina and Pierre Yared
.
“Instrument-Based vs. Target-Based Rules.”
Review of Economic Studies
vol.
89
,
(January 01, 2022):
312
-345
.
- Type
-
Journal Article
.
“Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey.”
Journal of Political Economy
vol.
129
,
(March 24, 2021):
1640
-1665
.
- Type
-
Journal Article
Halac, Marina and Pierre Yared
.
“Commitment vs. Flexibility with Costly Verification.”
Journal of Political Economy
vol.
128
,
(October 01, 2020):
4523
-4573
.
- Type
-
Journal Article
Azzimonti, Marina and Pierre Yared
.
“The Optimal Public and Private Provision of Safe Assets.”
Journal of Monetary Economics
vol.
102
,
(April 01, 2019):
126
-144
.
- Type
-
Journal Article
.
“Rising Government Debt: Causes and Solutions for a Decades-Old Trend.”
Journal of Economic Perspectives
vol.
33
,
(January 01, 2019):
115
-140
.
- Type
-
Journal Article
.
“Fiscal Rules and Discretion in a World Economy.”
American Economic Review
vol.
108
,
(August 01, 2018):
2305
-2334
.
- Type
-
Journal Article
Azzimonti, Marina and Pierre Yared
.
“A Note on Optimal Fiscal Policy in an Economy with Private Borrowing Limits.”
Economics Letters
vol.
151
,
(February 01, 2017):
62
-65
.
- Type
-
Journal Article
.
“Optimal Time-Consistent Government Debt Maturity.”
The Quarterly Journal of Economics
vol.
132
,
(January 01, 2017):
55
-102
.
- Type
-
Journal Article
.
“The Institutional Causes of China's Great Famine, 1959-1961.”
Review of Economic Studies
vol.
82
,
(January 01, 2015):
1568
-1611
.
- Type
-
Journal Article
.
“Fiscal Rules and Discretion Under Persistent Shocks.”
Econometrica
vol.
82
,
(September 01, 2014):
1557
-1614
.
- Type
-
Journal Article
.
“A Theory of Political and Economic Cycles.”
Journal of Economic Theory
vol.
153
,
(January 01, 2014):
224
-251
.
- Type
-
Journal Article
.
“Public Debt under Limited Private Credit.”
Journal of the European Economic Association
vol.
11
,
(January 01, 2013):
229
-245
.
- Type
-
Journal Article
Padro i Miquel, Gerard and Pierre Yared
.
“The Political Economy of Indirect Control.”
The Quarterly Journal of Economics
vol.
127
,
(January 01, 2012):
947
-1015
.
- Type
-
Journal Article
.
“A Dynamic Theory of Resource Wars.”
The Quarterly Journal of Economics
vol.
127
,
(January 01, 2012):
283
-331
.
- Type
-
Journal Article
Acemoglu, Daron and Pierre Yared
.
“Political Limits to Globalization.”
American Economic Review
vol.
100
,
(May 01, 2010):
83
-88
.
- Type
-
Journal Article
.
“Politicians, Taxes, and Debt.”
Review of Economic Studies
vol.
77
,
(April 01, 2010):
806
-840
.
- Type
-
Journal Article
.
“A Dynamic Theory of War and Peace.”
Journal of Economic Theory
vol.
145
,
(January 01, 2010):
1921
-1950
.
- Type
-
Journal Article
Caballero, Ricardo and Pierre Yared
.
“Future Rent-Seeking and Current Public Savings.”
Journal of International Economics
vol.
82
,
(January 01, 2010):
124
-136
.
- Type
-
Journal Article
.
“Reevaluating the Modernization Hypothesis.”
Journal of Monetary Economics
vol.
56
,
(January 01, 2009):
1043
-1058
.
- Type
-
Journal Article
.
“Income and Democracy.”
American Economic Review
vol.
98
,
(June 01, 2008):
808
-42
.
- Type
-
Journal Article
.
“From Education to Democracy?”
American Economic Review
vol.
95
,
(January 01, 2005):
44
-49
.
- Type
-
Working Paper
.
Central Bank Credibility and Fiscal Responsibility. May 07, 2023.
- Type
-
Working Paper
.
Monetary Policy without Commitment. April 26, 2023.
- Type
-
Working Paper
Halac, Marina and Pierre Yared
.
A Theory of Fiscal Responsibility and Irresponsibility. April 25, 2023.
- Type
-
Book
- Type
-
Chapter
Halac, Marina and Pierre Yared
.
“Inflation Targeting under Political Pressure.”
In Independence, Credibility, and Communication of Central Banking
,
edited by Ernesto Pastén and Ricardo Reis
,
Chile
:
Central Bank of Chile
,
2020.
- Type
- Course
B8225: The Future of the Global Economy