Edouard Schaal received his PhD in Economics from Princeton University in 2011. Schaal is an ICREA research professor at the Centre de Recerca en Economia Internacional (CREI), Adjunct Professor at Universitat Pompeu Fabra (UPF) and Associate Research Professor at the Barcelona Graduate School of Economics (BGSE). He is also a Research affiliate of the Center for Economic Policy Research (CEPR). He is Editor at the Review of Economic Dynamics, Associate Editor at the Economic Journal and member of the editorial board of the Review of Economic Studies. He has previously held research and academic positions at New York University and the United States Federal Reserve Bank of Minneapolis. His work has been published in leading academic journals such as Econometrica and the Quarterly Journal of Economics.
My main research interests are in macroeconomics, with a focus on business cycles, labor markets, information economics and economic geography.
My research on business cycles has focused on studying the impact of various frictions, for instance search frictions in the labor market or informational frictions. A broad unifying theme in this latter strand has been to study of how imperfections in the way people form expectations contribute to economic fluctuations. Examples include the role of uncertainty, coordination frictions and herding.
I am also interested in economic geography with a particular focus on networks (transport, social) and how they contribute to the spatial distribution of economic activity and inequalities.