We study a double inflation model (a preinflation $+$ a new inflation) in supergravity and discuss the formation of primordial black holes which may be identified with massive compact halo objects (MACHOs) observed in the halo of our galaxy. The preinflation drives an inflaton for the new inflation close to the origin through supergravity effects and the new inflation naturally occurs. If the total e-fold number of the new inflation is smaller than ~60, both inflations produce cosmologically relevant density fluctuations. If the coherent inflaton oscillation after the preinflation continues until the beginning of the new inflation, density fluctuations on small cosmological scales can be set suitably large to produce black holes MACHOs of masses ~1M_ in a wide region of parameter space in the double inflation model.
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Kawasaki et al. (1999) studied this question.
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