In a few words

My name is Arthur Galichère. I am a third year PhD candidate in Economics at the Adam Smith Business School of the University of Glasgow.

I study macroeconomics and my main research interests in this field are:

  • Asset price bubbles

  • Macroeconomic policies

  • Financial intermediation and stability

You can find more details about my research here.

You can reach me at: arthur.galichere.research@gmail.com

My CV can be found here.

Nationality: French

About me

I am a PhD candidate at the University of Glasgow and I study macroeconomics. My main research interests in this field focus on themes related to financial crises and macroeconomic policies, such as asset pricing, monetary policy, heterogenous investments, financial intermediation and stability. I design theoretical models and apply empirical methods to evaluate the effects of bubbles on the economy to provide policy recommendations. My job market paper studies the dynamic ownership of bubbles and its effects on the real economy and financial stability. In contrast, my current project focuses on the Bayesian estimation of a DSGE model with stock market bubbles and nominal rigidities.

My profound interest in economics was awakened by a sequence of economic events that changed the lives of many. The first main event that sparked my curiosity was the burst of the subprime mortgage bubble. I was young, but still, I remember the news being incessantly focused on the financial crisis and the great uncertainty it brought to people. At that time, I was wondering what did cause such a situation and how to remedy it.

This curiosity led me to study economics after my Baccalaureate. I started my undergraduate studies at the University of Caen in France and met many great people there. At the same moment, the European debt crisis was in full swing and raised many interrogations in the mind of Europeans. I had the chance to have a very eloquent macroeconomic professor who was narrating his understanding of the crisis and made me think about what would be the best macroeconomic policy.

After my undergraduate studies, I went abroad for one year in an exchange programme with Texas A&M University in the US. I discovered a very different culture and educational system where I learnt many things. During this year, my interest was focused on unconventional monetary policies which were themes of my dissertation on the evolution of the monetary policies of the ECB and the Fed since the beginning of the financial crisis. These cultural and academic experiences were very beneficial to me and this was the moment I decided I wanted to do research in economics.

Before starting my PhD, I wanted to acquire a better understanding of the research tools and techniques required for economic analyses. Therefore I came to Glasgow and started my MRes in economics. Since then, I have learnt a lot about modern macroeconomic theory and economics. I also met very interesting and supportive people through my MRes and PhD. Nowadays I am enjoying my research.