francesco-sergi

Francesco Sergi

Associate professor

Université Paris Est Créteil, LIPHA

francesco.sergi@u-pec.fr

macroeconomics models DSGE macroeconomic policies

Robert E. Lucas

About

My current research addresses the recent history of macroeconometric modelling, from Robert Lucas’s seminal contributions in the 1970 to today’s dynamic stochastic general equilibrium (DSGE) models. It provides an interpretation of the new interactions among macroeconomic theories, quantitative methods and expertise.

I am also managing editor for Œconomia – History / Methodology / Philosophy.

Publications

2024

  • Acosta, J., Cherrier, B., Claveau, F., Fontan, C., Goutsmedt, A., & Sergi, F. (2024). Six Decades of Economic Research at the Bank of England. History of Political Economy, 56(1).

2023

  • Delcey, T., & Sergi, F. (2023). The Efficient Market Hypothesis and Rational Expectations. How Did They Meet and Live (Happily?) Ever After. European Journal of History of Economic Thought, 30(1).

  • Goutsmedt, A., Sergi, F., Cherrier, B., Claveau, F., Fontan, C., & Acosta, J. (2023). To Change or Not to Change: The Evolution of Forecasting Models at the Bank of England. Journal of Economic Methodology, Forthcoming 2024.

  • Goutsmedt, A., Sergi, F., Claveau, F., & Fontan, C. (2023). The Different Paths of Scientization at the Bank of England. Working Paper for a Special Issue in Finance & Society.

2021

  • Goutsmedt, A., Renault, M., & Sergi, F. (2021). European Economics and the Early Years of the International Seminar on Macroeconomics. Revue d’Economie Politique, 131(4), 693–722.

  • Goutsmedt, A., Renault, M., & Sergi, F. (2021). European Economics and the Early Years of the ‘International Seminar on Macroeconomics.’ Revue d’Economie Politique, Forthcoming.

  • Sergi, F. (2021). Book Review. Arie Arnon, Warren Young, and Karine van der Beek, eds., \textiExpectations: Theory and Application from Historical Perspectives (Cham: Springer, 2020), pp. xiv 238, $160. ISBN: 9783030413569. Journal of the History of Economic Thought, 43(4), 663–665.

  • Sergi, F. (2021). Book Review. The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach by Peter Galbács. History of Political Economy, 53(4), 790–793.

2020

  • Sergi, F. (2020). The Standard Narrative about DSGE Models in Central Banks’ Technical Reports. European Journal of the History of Economic Though, 27(2), 163–193.

  • Sergi, F. (2020). Book Review. Lawrence Boland, Equilibrium Models in Economics. Purposes and Critical Limitations. Œconomia – History, Methodology and Philosophy, 10(3), 615–621.

2019

  • Goutsmedt, A., Guizzo, D., & Sergi, F. (2019). An agenda without a plan, Robert E Lucas’s trajectory through the public debate. Œconomia, 9(2).

  • Goutsmedt, A., Pinzon-Fuchs, E., Renault, M., & Sergi, F. (2019). Reacting to the Lucas Critique, The Keynesians’ Pragmatic Replies. History of Political Economy, 51(3), 535–556.

  • Sergi, F. (2019). Book Review. Amanar Akhabbar, Wassily Leontieff et la science économique. Œconomia – History, Methodology and Philosophy, 9(3), 619–626.

2018

  • Sergi, F. (2018). DSGE models and the Lucas Critique. A historical appraisal. UWE Economics Papers Nr 1806, University of the West of England Bristol.

2017

  • Sergi, F. (2017). From the Lucasian Revolution to DSGE Models: An Account of Recent Developments in Macroeconomic Modelling. Erasmus Journal for Philosophy and Economics, 10(1), 142–145.

2016

  • Sergi, F. (2016). A Review (and a Comment) on Michel De Vroey’s History of Macroeconomics. Œconomia. History, Methodology, Philosophy, 6(1), 117–127.

2015

  • Goutsmedt, A., Pinzon-Fuchs, E., Renault, M., & Sergi, F. (2015). Criticizing the Lucas Critique, macroeconometricians’ response to Robert Lucas. Document De Travail Du Centre d’Economie De La Sorbonne.

  • Sergi, F. (2015). Robert Lucas and the Twist of Modeling Methodology. On some Econometric Methods and Problems in New Classical Macroeconomics (Documents De Travail Du CES No.2015.88; Number 2015.88). Centre d’Economie de la Sorbonne (CES).

  • Sergi, F. (2015). L’approche (faussement ?) naïve à l’histoire des modèles DSGE (Documents De Travail Du CES No.2015.66; Number 2015.66). Centre d’Economie de la Sorbonne (CES).

  • Sergi, F. (2015). Rebuilding “Time to Build”: A History of the Real Business Cycle Models. Œconomia. History, Methodology, Philosophy, 5(3), 399–413.

2014

  • Sergi, F. (2014). Quelle méthodologie pour une étude des modèles DSGE ? Suggestions à partir d’un état des lieux des recherches sur la modélisation (Documents De Travail Du CES No.2014.67; Number 2014.67). Centre d’Economie de la Sorbonne (CES).