Aurélien Goutsmedt

Position: Postdoctoral Researcher at UCLouvain and Assistant Professor at ICHEC Brussels

I’m a historian of economics and political economist studying how economic ideas, expertise, and policies have evolved since the 1970s—particularly during stagflation. My research focuses on central banks: how they produce, use, and debate economic knowledge. I also analyze the political economy of inflation, examining how competing narratives shape policy decisions. I develop open-source tools: network analysis and natural language processing softwares and apps, and open databases.

Research Projects

Excavating the Academia/Policy Pipeline in Central Banks

Economic Analysis at the Bank of England Pre and Post-Crisis

This research project examines the Bank of England’s distinctive research and policy approach. Through archives, interviews, and databases, it assesses how its knowledge production influences decision-making.

March 1, 2026

Aurélien Goutsmedt, Clément Fontan

Publications

Acosta, Juan, Beatrice Cherrier, François Claveau, Clément Fontan, Aurélien Goutsmedt, Francesco Sergi. (2024). Six Decades of Economic Research at the Bank of England. History of Political Economy, 56(1): 1–40. [Preprint]

Chassonnery-Zaigouche, Cléo, Aurélien Goutsmedt. (2025). Modelling Intervention: Barbara Bergmann’s Micro-to-Macro Simulation Projects. European Journal for the History of Economic Thought, 32(3): 342–362. [Preprint]

Fontan, Clément, Aurélien Goutsmedt. (2025). Capital, Labor, and Technocratic Neutrality: The ECB and Inflation Monsters (2010–2025). Mouvements, 120(2): 24–33.

Goutsmedt, Aurélien. (2022). How the Phillips Curve Shaped Full Employment Policy in the 1970s: The Debates on the Humphrey-Hawkins Act. History of Political Economy, 54(2): 619–653. [Preprint]

Goutsmedt, Aurélien. (2021). From the Stagflation to the Great Inflation: Explaining the US Economy of the 1970s. Revue d’Economie Politique, 131(3): 557–582. [Preprint]

Goutsmedt, Aurélien. (2018). Thomas Sargent Face à Robert Lucas : Une Autre Ambition Pour La Nouvelle Economie Classique. OEconomia - History, Methodology, Philosophy, 8(2): 211–241. [Preprint]

Goutsmedt, Aurélien, Alexandre Truc. (2023). An Independent European Macroeconomics? A History of European Macroeconomics through the Lens of the European Economic Review. European Economic Review, 158. [Preprint]

Goutsmedt, Aurélien, Clément Fontan. (2025). La BCE Face à Ses Monstres : Les Transformations Du Cadrage de La Stabilité Des Prix (1998-2023). Revue Française D’histoire Économique, 23. [Preprint]

Goutsmedt, Aurélien, Clément Fontan. (2024). The ECB and the Inflation Monsters: Strategic Framing and the Responsibility Imperative (1998-2023). Journal of European Public Policy, 31(4): 999–1025. [Preprint]

Goutsmedt, Aurélien, Danielle Guizzo, Francesco Sergi. (2019). An Agenda without a Plan. Robert E. Lucas’s Trajectory through the Public Debate. OEconomia - History, Methodology, Philosophy, 9(2): 289–314. [Preprint]

Goutsmedt, Aurélien, Erich Pinzón-Fuchs, Matthieu Renault, Francesco Sergi. (2019). Reacting to the Lucas Critique: The Keynesians’ Pragmatic Replies. History of Political Economy, 51(3): 533–556. [Preprint]

Goutsmedt, Aurélien, Francesco Sergi. (2025). Redefining Scientization: Central Banks Between Science and Politics. Finance and Society, 11(2): 209–229. [Preprint]

Goutsmedt, Aurélien, Francesco Sergi, Béatrice Cherrier, François Claveau, Clément Fontan, Juan Acosta. (2025). To Change or Not to Change: The Evolution of Forecasting Models at the Bank of England. Journal of Economic Methodology, 32(2): 66–86. [Preprint]

Goutsmedt, Aurélien, Francesco Sergi, François Claveau, Clément Fontan. (2025). Not a Steamroller, a 3D Process: Scientization at the Bank of England. Finance and Society, 11(2): 231–252. [Preprint]

Goutsmedt, Aurélien, François Claveau, Catherine Herfeld. (2023). Quantitative and Computational Approaches in the Social Studies of Economics. OEconomia - History, Methodology, Philosophy, 13(2): 147–161. [Preprint]

Goutsmedt, Aurélien, Goulven Rubin. (2018). Robert J. Gordon and the Introduction of the Natural Rate Hypothesis in the Keynesian Framework. History of Economic Ideas, 26(3): 157–187. [Preprint]

Goutsmedt, Aurélien, Juan Carlos Acosta, Francesco Sergi. (2026). Economists, Economic Knowledge, and Central Banks. Cambridge (UK): Cambridge University Press, Cambridge Elements, Forthcoming 2026. [Preprint]

Goutsmedt, Aurélien, Matthieu Renault, Francesco Sergi. (2021). European Economics and the Early Years of the International Seminar on Macroeconomics. Revue d’Economie Politique, 131(4): 693–722. [Preprint]

Sergi, Francesco, Béatrice Cherrier, Aurélien Saidi, Pedro Garcia Duarte, Aurélien Goutsmedt, Matthieu Renault, Juan Carlos Acosta. (2026). A History of Macroeconomics. Cambridge (UK): Cambridge University Press, Forthcoming 2026. [Preprint]