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Eric MENGUS

Associate Professor

Economics and Decision Sciences

 Profile picture

Biography

Eric Mengus is an engineering graduate from Ecole Polytechnique in Paris and earned a Ph.D. in Economics at Toulouse School of Economics in 2014.

His research focuses on macroeconomics and international finance and he works on various topics such as sovereign debt, international capital flows or household insurance. He teaches courses in macroeconomics for and on economics applied to Europe in the Grande Ecole Program. He previously was a researcher for the Banque de France.

Scientific articles

The central bank, the treasury, or the market: Which one determines the price level?

Journal of Economic Theory, September 2024, vol. 220, n° 105885, (in coll. with J. Barthélemy, G. Plantin)

Time-consistent implementation in macroeconomic games

Theoretical Economics, July 2024, vol. 19, n° 3, pp 1119-1150, (in coll. with J. BARTHELEMY)

Asset Purchase Bailouts and Endogenous Implicit Guarantees

Journal of International Economics, May 2023, vol. 142, n° 103737,

Myopic Fiscal Objectives and Long-Run Monetary Efficiency

Journal of Monetary Economics, May 2023, vol. 136, pp 1-17, (in coll. with G. GABALLO)

What Matters in Households’ Inflation Expectations?

Journal of Monetary Economics, September 2023, vol. 138, pp 50-68, (in coll. with P. ANDRADE, E. GAUTIER)

Endogenous Partial Insurance and Inequality

Journal of the European Economic Association, October 2020, vol. 18, n° 5, pp 2270–2314, (in coll. with R. PANCRAZI)

Institutional Quality and Capital Inflows: Theory and Evidence

Journal of International Money and Finance, September 2019, vol. 96, pp 168-191, (in coll. with E. CHALLE, J. I. LOPEZ)

Forward Guidance and Heterogenous Beliefs

The American Economic Journal: Macroeconomics, July 2019, vol. 11, n° 3, pp 1-29, (in coll. with P. ANDRADE, G. GABALLO, B. MOJON)

The Signaling Effect of Raising Inflation

Journal of Economic Theory, November 2018, vol. 178, pp 488-516, (in coll. with J. BARTHELEMY)

Honoring Sovereign Debt or Bailing Out Domestic Residents? The Limits to Bailouts

Journal of International Economics, September 2018, vol. 114, pp 14-24,

Working papers

Knowledge Workers and Firm Capabilities

Cahier de Recherche du Groupe HEC , 2023

Time-consistent implementation in macroeconomic games

Centre for Economic Policy Research , 2022

Implementation Under Limited Commitment

Cahier de Recherche du Groupe HEC , 2021

Public Liquidity Demand and Central Bank Independence

Banque de France Working Paper , 2020

What Matters in Households' Inflation Expectations?

Centre for Economic Policy Research , 2020

Asset Purchase Bailouts and Endogenous Implicit Guarantees

Cahier de Recherche du Groupe HEC , 2017

Asset Purchase Bailouts and Implicit Guarantees

Cahier de Recherche du Groupe HEC , 2017

Scientific articles

The central bank, the treasury, or the market: Which one determines the price level?

Journal of Economic Theory, September 2024, vol. 220, n° 105885, (in coll. with J. Barthélemy, G. Plantin)

Time-consistent implementation in macroeconomic games

Theoretical Economics, July 2024, vol. 19, n° 3, pp 1119-1150, (in coll. with J. BARTHELEMY)

Asset Purchase Bailouts and Endogenous Implicit Guarantees

Journal of International Economics, May 2023, vol. 142, n° 103737,

Myopic Fiscal Objectives and Long-Run Monetary Efficiency

Journal of Monetary Economics, May 2023, vol. 136, pp 1-17, (in coll. with G. GABALLO)

Working papers

Education

  • Habilitation to conduct research in Economics, Sciences Po Paris - France
  • Doctorat en Sciences Economiques (Ph.D. in Economics), Toulouse School of Economics - France
  • M.Sc., Ecole Nationale des Ponts et Chaussées - France
  • Bachelor of Arts in Philosophy, Université Paris Sorbonne Lettres et Civilisations - France
  • M.Sc., Ecole Polytechnique - France

Academic appointments

Academic Responsibilities at HEC

  • 2020- Associate Professor HEC Paris
  • 2014-2020 Assistant Professor HEC Paris
  • 2018- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris HEC Paris

External Academic Responsibilities

  • 2010-2010 Teaching assistant in corporate finance Université Paris Ouest la Défense

Scientific Activities

Editorial activities

  • Reviewer, American Economic Journal: Macroeconomics, Econometrica, Quarterly Journal of Economics, Review of Economic Studies, Journal of Finance, Journal of the European Economic Association, Journal of Economic Theory, Journal of Economic Growth, Review of International Economics, Macroeconomic Dynamics

  • Awards & honors

    • 2019 Prix du jeune chercheur en economie 2019 de la Fondation Banque de France pour la recherche
    • 2015 Prix d'economie de l'Academie des Sciences, Inscriptions Belles Lettres de Toulouse