Séverine Menguy

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• Modélisation macroéconomique
• Economie monétaire internationale
• Le policy-mix en Union Monétaire, et en particulier dans l’Union Economique et Monétaire Européenne
• La politique monétaire optimale
• Politiques budgétaires et dette publique dans une union monétaire
• Concurrence fiscale, dette publique, politique budgétaire et croissance économique

Chapitres d’ouvrages collectifs

• “Size of the public sector and economic growth: An analytical analysis”, in F. Castello-Sirvent (ed.), The European Union: Politics, Policies, and Power in a Changing World, Nova publishers, To be published
• “Fiscal policies and economic growth in the European Union”, in A. Aristovnik, D. Ravselj, N. Tomazevic (eds.), Tax competitiveness in the EU: A Comparison between ‘new’ and ‘old’ member states”, European Liberal Forum X Zavod 14, 2022, chap.1, pp.8-37
• “Monetary policy and width of public debt externalities in a monetary union”, in A. Belanger (ed.), Public Debt: Impact, Management and Challenges, Nova publishers, March 2021, chap.1.
• “The Golden rule as a controversial way to optimal public investment in a monetary union”, in S. I. Bukowski (ed.), Monetary Unions: Background, Advantages and Disadvantages, Nova publishers, 2018, chap.7, pp.139-174.
• “On the harmfulness of excessive public debt levels in a Zero Lower Bound framework”, in: Tavidze A. (ed.), Progress in Economics Research, vol.36, chapter 1, Nova publishers, 2017, pp.1-60
• “Productivity or demand shocks and correction of current account imbalances in the EMU”, in: Amo-Yartey C. (ed.), Fiscal Policy: International Aspects, Short and Long-Term Challenges and Macroeconomic Effects, Nova publishers, 2015, pp.73-102
• “Inflation persistence and monetary policy in an open economy setting”, in: Schwartz L. V. (ed.), Inflation: Causes and effects, Nova publishers, 2009, pp.145-164

Publications dans des revues à comité de lecture

• “Convexity of the Phillips curve and difficulty of monetary policy to fight against inflation”, Journal of Economic Analysis, vol.4, n°3, September, 2025
• “How harmful is a high share of public expenditure in GDP?”, Economies, vol.13, n°3, n°10.3390, 2025
• “Expenditure rules: Limiting the level or the variation of public expenditure?”, Economies, vol.12, n°11, November, 2024
• “Why the European Central Bank lacked efficacy to fight against the recent surge in inflation”, Forum for Economic and Financial Studies, vol.2, n°3, 2024
• “Reform of the Stability and Growth Pact: Which changes for the governments?”, Journal of Government and Economics, vol.15, n°10.0120, Autumn, 2024.
• “Limiting public expenditure to ensure public debt sustainability in the EMU”, Public Finance Review, vol.52, n°1, 2024, January, pp.78-110
• “Dilemma for fiscal policies: supporting economic activity, or ensuring public debt sustainability?”, Journal of Economic Analysis, vol.3, n°2, 2024, pp.147-162
• “Stabilization of supply shocks in a structurally heterogeneous monetary union”, Research in Economics, vol.77, n°3, September, 2023, pp.362-289
• “Fundamental character of the risk premium to influence the sustainability of the public debt”, Journal of Economic Analysis, vol.2, n°1, 2023, pp.115-129
• “What can we theoretically know about uncertainty shocks?”, Journal of Global Economy, Trade and International Business, vol.2, n°2, 2022, pp.151-177
• “Fiscal stimulus in the European Union to stabilize the COVID shock”, Journal of Economic Integration, vol.37, n°4, December, 2022, pp.559-588
• “Is budgetary policy more efficient than monetary policy to stabilize the COVID shock?”,     Journal of Global Economy, Trade and International Business, vol.1, n°2, 2021, pp.149-180
• “Which place for market mechanisms or for fiscal stabilization of productivity shocks in a monetary union?”, Journal of International Money, Banking and Finance, vol.2, n°1, 2021, pp.17-62
• “Tax competition, fiscal policy, and public debt levels in a monetary union”, Journal of Economic Integration, vol.35, n°3, September 2020, pp.353-395
• “Stabilization of demand shocks in a monetary union: more painful for which heterogeneous member countries?”, International Journal of Economics and Financial Issues, vol.1, n°1-2, 2020, pp.95-135.
• “Does public indebtedness constrain or can it favor economic growth? A simple analytical modeling”, Bulletin of Applied Economics, vol.6, n°2, 2019, pp.1-29
• “Taxation of various fiscal bases and short run economic activity in open economy”, Current Analysis on Economics and Finance, vol.1, 2019, pp.105-125
• “Efficiency of cuts in various taxation rates to foster economic growth in a framework of wages rigidity”, Athens Journal of Business and Economics, vol.5, n°1, January, 2019, pp.1-36.
• “Optimal capital taxation rates and tax competition in open economy”, Journal of Economic Integration, vol.33, n°4, December, 2018, pp.722-772.
• “On the efficiency of various expansionary fiscal policies and cuts in taxation rates in order to sustain economic activity”, Bulletin of Applied Economics, vol. 4, n°2, December, 2017, pp.1-36.
• Munier B., Barthalon, E., Menguy S., “The magic of an Allaisian appraisal: Implied and historical volatility revisited; The Vix: Once bitten, twice shy?”, Finance Bulletin, vol.1, n°1, 2017, pp.63-74.
• “Advantages of following a Golden rule in a monetary union”, Macroeconomic Dynamics, vol. 21, n°2, March, 2017, pp.279-310.
• “Optimal budgetary policies in New-Keynesian models: Can they help when the Zero Lower Bound is binding?”, Bulletin of Applied Economics, vol.3, n°2, December, 2016, pp.43-98.
• “Optimal discretionary monetary policy in a potential Zero Lower Bound framework”, International Journal of Economics and Financial Research, vol.2, n°6, June, 2016, pp.104-126
• “Implications of the new public debt rule in the ‘Fiscal Compact’ for the Economic and Monetary Union”, Public Finance and Management, Symposium on the Public Finance after the Crisis: Europe, vol.15, n°3, 2015
• “Which is the optimal fiscal rule in a monetary union? Targeting the global, the structural budgetary deficit, or the public debt?”, Cogent Economics and Finance, vol.2, Issue 1, December, 2014.
• “Optimal penalties on deviations from budgetary targets”, Economics Research International, Article ID 572909, vol.2014, 19 pages, 2014.
• “Taxation rates and stabilization in the framework of supply-side distortions”, International Economic Journal, vol.28, n°1, 2014, pp.95-120.
• “Efficiency of demand shocks in order to reduce current account imbalances in the EMU”, ISRN Economics, Article ID 787352, vol.2013, 17 pages, 2013.
• “Can Eurobonds save the Euro?”, SUERF Economic Studies, ‘States, Banks and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives’, SUERF2013-2, 2013, pp.201-227.
• “Inflationary consequences of the indebtedness levels of the member countries in a monetary union”, Journal of European Theoretical and Applied Studies, Special Issue, Guest Editor: Philippe Gilles, vol.1, n°1, 2013.
• “Monetary and Fiscal Policy in the EMU: Conflict or Coordination?”, Journal of Economic Integration, vol.26, n°2, June 2011       , pp.361-385
• “How to limit the moral hazard related to a European Stabilization mechanism”, Journal of Economic Integration, vol.25, n°2, June 2010, pp.252-275
• “Enlargement of the Economic and Monetary Union: To which structurally heterogeneous countries?”, International Economic Journal, vol.24, n°1, March 2010, pp.53-70.
• “Heterogeneity in inflation persistence and monetary policy in a monetary union”, Brussels Economic Review, vol. 52, n°2, Summer 2009, pp.121-141
• “Dilemma of one common central bank in a heterogeneous monetary union”, Journal of Economic Integration, vol.23, n°4, December 2008, pp.791-816.
• “A dynamic rule applied to the threshold imposed on the European budgetary deficits”, Journal of Policy Modeling, vol.30, n°6, November-December 2008, pp.1093-1105.
• “The advantages of introducing an exchange rate target within the statutes of the European Central Bank”, Journal of Multinational Financial Management, vol.17, n°4, October 2007, pp.304-316.
• “Les limites du cadre institutionnel européen”, L’Actualité Économique, Revue d’Analyse Économique, vol.82, n°3, septembre 2006, pp.395-418.
• “Hétérogénéité structurelle des pays membres et conflit d’objectifs entre les autorités économiques dans l’UEM”, Économie et Prévision, n°169-170-171, 3/4/5, 2005, pp.41-58.