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Determining the energy scale of inflation is crucial to understand the nature of inflation in the early Universe. We place observational constraints on the energy scale of the observable part of the inflaton potential by combining the…
A long period of inflation can be triggered when the inflaton is held up on the top of a steep potential by the infrared end of a warped space. We first study the field theory description of such a model. We then embed it in the flux…
We examine the spectrum of inflaton fluctuations resulting from any given long period of exponential inflation. Infrared and ultraviolet divergences in the inflaton dispersion summed over all modes do not appear in our approach. We show how…
We propose a new class of inflationary models in which inflation takes place while the inflaton is climbing up a potential hill due to a coupling to gravity. We study their attractor behavior, and investigate its relation with known…
We present empirical evidence on the relationship between demand shocks and price changes, conditional on returns to scale. We find that in industries with decreasing returns to scale, demand increases (which raise costs) correspond to…
How much does the curvature perturbation change after it leaves the horizon, and when should one evaluate the power spectrum? To answer these questions we study single field inflation models numerically, and compare the evolution of…
This paper investigates how dispersion in banks' subjective inflation forecasts is a channel of the transmission of monetary policy to credit supply. We extend the Monti-Klein model of monopolistic banking by incorporating risk aversion,…
We propose a consumption-investment decision model where past consumption peak $h$ plays a crucial role. There are two important consumption levels: the lowest constrained level and a reference level, at which the risk aversion in terms of…
Investors in stock market are usually greedy during bull markets and scared during bear markets. The greed or fear spreads across investors quickly. This is known as the herding effect, and often leads to a fast movement of stock prices.…
We develop an equilibrium theory of attention and politics. In a spatial model of electoral competition where candidates have varying policy preferences, we examine what kinds of political behaviors capture voters' limited attention and how…
We test for the long-run relationship between stock prices, inflation and its uncertainty for different U.S. sector stock indexes, over the period 2002M7 to 2015M10. For this purpose we use a cointegration analysis with one structural break…
These lecture notes have been written for a short introductory course on the status of inflation after Planck and BICEP2, given at the Xth Modave School of Mathematical Physics. The first objective is to give an overview of the theory of…
It is already understood that the increasing observational evidence for an open Universe may be reconciled with inflation if our horizon is contained inside one single huge bubble nucleated during the inflationary phase transition. In the…
We consider the behaviour of a quintessence field during an inflationary epoch, in order to learn how inflation influences the likely initial conditions for quintessence. We use the stochastic inflation formalism to study quantum…
We note that the essential idea of inflation, that the universe underwent a brief period of accelerated expansion followed by a long period of decelerated expansion, can be encapsulated in a "closure condition" which relates the amount of…
This study investigates the impact of increased debt servicing costs on household consumption resulting from monetary policy tightening. It utilizes observational panel microdata on all mortgage holders in Israel and leverages…
I investigate multi-field inflationary models with fields that decay during inflation, leading to staggered inflation. This feature is natural in many models motivated by string theory, for instance if inflatons are related to interbrane…
We draw attention to the possibility that inflation (i.e. accelerated expansion) might continue after the end of slow roll, during a period of fast oscillations of the inflaton field \phi . This phenomenon takes place when a mild…
We define a new inflationary scenario in which inflation starts naturally after the Big Bang when the energy density drops below some critical value. As a model, we use recently proposed symmetron field whose effective potential depends on…
In this work, we study the effects on the relevant observational parameters of an inflationary universe from a chaotic potential with a step. We numerically evolve the perturbation equations within both cold inflation and warm inflation. On…