Departmental Seminar *in-person* - Dec 13th

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Olivier Wang

Olivier WANG is Assistant Professor of Finance at the Stern School of Business of New York University (NYU) since 2019. He was awarded his PhD in Economics by MIT the same year and he received the AQR Top Finance Graduate Award.

He conducts research in macroeconomics, banking, and international finance, with a particular interest in monetary policy. His recent research studies how the secular decline in interest rates, observed in the US and other advanced countries, affects the macroeconomy through interactions between commercial banks’ lending and deposit-taking activities. He has also analyzed the link between rising product market concentration and monetary policy transmission, and how the interplay between incomplete exchange rate pass-through to import and export prices and currency mismatch in private balance sheets can constrain exchange rate policy in emerging markets.  

Olivier WANG will present a paper, joint with Viral V. ACHARYA and Simone LENZU, at the next Departmental Seminar on the theme:

Zombie Lending and Policy Traps (read paper, PDF 869.51 KB)

More about Olivier WANG and his research

Date: MONDAY, December 13th - 2:45 PM
Location: Department of Economics - 2nd floor - H 201

The Departmental Seminar series will resume in February 2022: happy holidays!

Moritz SCHULARICK awarded 2022 Leibniz Prize

Reconnecting Macroeconomics to Economic History
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On December 9th, the Deutsche Forschungsgemeinschaft (DFG), the German Research Foundation, announced the 2022 laureates of the Gottfried Wilhelm Leibniz Prize. Moritz SCHULARICK, Professor at Sciences Po and at the University of Bonn, is one of the 10 recipients of the most prestigious research award in Germany.

The DFG is the self-governing organisation for science and research in Germany. It serves all branches of science and the humanities. Its members include German research universities, non-university research institutions, scientific associations and the Academies of Science and the Humanities. Its main mission – equivalent to that of the French Agence nationale de recherche (ANR) - is to select the best projects by researchers at universities and research institutions on a competitive basis and to finance these projects.

Since 1986 the DFG awards every year the Gottfried Wilhelm Leibniz Prize to up to ten scientists from all branches - humanities and social sciences, natural sciences, and life sciences. The Leibniz Prize is awarded for outstanding work in research and is accompanied by a substantial grant of up to 2,5 million euros for each laureate who is free to use it as she or he wishes for future research. Previously ten recipients of the Leibniz Prize have gone on to receive a Nobel Prize.

For the 2022 Prize, Moritz SCHULARICK was selected by the Main Committee of the DFG for his outstanding research achievements in the field of economics. He is cited in particular by the DFG for (re)placing economic history at the heart of macroeconomics and for his insights into the causes of financial crises and the historical development of the distribution of wealth.

  • While most economists seemed largely unprepared for the financial crisis of 2008, Moritz Schularick was prompt to demonstrate that financial crises regularly follow phases of strong growth and thus develop a more fundamental understanding of crisis dynamics that can help anticipate and mitigate future financial crises.
  • More recently, Moritz Schularick has focused his research on the causes of social inequality. To this end, he analysed the development of returns on capital. 

Overall, his work has contributed significantly to a better understanding of the central problems we are currently facing and is taken up in many economic and socio-political debates. 

Moritz SchularickMoritz SCHULARICK joined the Department this year as Professor of Economics at Sciences Po. He is also the Director of the MacroFinance Lab, and a Principal Investigator in the DFG-Excellence Cluster ECONtribute at the University of Bonn. He is an elected Member of the Academy of Sciences of Berlin and a Research Fellow at the Centre for Economic Policy Research (CEPR). Among his editorial duties, he is the Managing Editor of Economic Policy.

In 2018, he already received the Gossen-Prize of the German Economic Association that is awarded every year to honour a German-speaking economist whose work has gained international renown.

Congratulations to Moritz SCHULARICK !

To learn more about Moritz SCHULARICK, consult his website
Read the DFG’s press release announcing the 2022 laureates of the Gottfried Wilhelm Leibniz Prize (in German)

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Empirical IO Seminar *in-person* - FRIDAY Dec 10th

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Isabelle Perrigne

*Exceptional scheduling, this seminar will take place in-person*

Isabelle PERRIGNE is Professor of Economics at Rice University. Prior to joining Rice, she held appointments at the University of Southern California and Pennsylvania State University.

Her area of expertise is empirical industrial organisation. In particular, she contributes to the development of the structural analysis of auction data. Her current interests are in nonlinear pricing and insurance. Her research closely combines models of incomplete information, data and microeconometrics. She is the recipient of grants from the National Science Foundation

More about Isabelle PERRIGNE and her research

Quang Vuong

Quang VUONG is Professor of Economics at New York University (NYU). He is also a Fellow of the Econometric Society.

His area of expertise is econometrics. He is most well known for his research on model selection with the Vuong test. This test is extensively used in social sciences, sciences and business. He developed pioneering econometric methods to estimate game theoretic models with complete and incomplete information. He is the recipient of several grants from the National Science Foundation

More about Quang VUONG and his research

Isabelle PERRIGNE and Quang VUONG will present their paper, joint with Yunmi KONG, at the next Empirical IO Seminar on the theme:

Multidimensional Auctions of Contracts: An Empirical Analysis (read paper, PDF 682.36 KB)

Date: FRIDAY, December 10th - 3:15 PM
Location: Department of Economics - 4th floor - Room H 403

The Empirical IO Series will resume in February - happy holidays!

Friday Seminar *in-person* - Dec 10th

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Golvine de Rochambeau

*This seminar will take place in-person*

Golvine DE ROCHAMBEAU is Assistant Professor at the Department since 2018. She is also a Fellow at the Center for Development Economics and Policy of Columbia University.

Her research interests are in the field of development, and particularly the private sector in developing countries. Her research projects include looking at the effect of monitoring devices in the trucking industry and evaluating a training program for SMEs. Several of her projects take place in Liberia, but she also conducts work in other countries, such as Bangladesh or Kenya. In 2020, she was awarded a grant by the International Growth Centre from its SGB Evidence Fund.

Golvine DE ROCHAMBEAU will present a paper, joint with Théophile BOUGNA, at the next Friday Seminar on the theme:

Motivation for Reckless Driving: Protocol for a Lab-in-the-field Experiment

More about Golvine DE ROCHAMBEAU and her research

Michele Fioretti

Michele FIORETTI joined the Department in 2019 as Assistant Professor.

His research interests include empirical industrial organisation, behavioural economics, and applied microeconomics. His work focuses on understanding firms' strategies with applications on social impact firms and sectors with a social dimension such as the health and the energy sectors. His research and scholarship have already received a number of awards and fellowships and notably the Award for the Best Applied Economics Paper by a Young Researcher at the 2018 Econometric Society Summer European Meeting (EEA-ESEM Cologne).

Michele FIORETTI will present a paper at the next Friday Seminar on the theme:

Technology Adoption and Market Structure in the North Sea Oil and Gas Sector

More about Michele FIORETTI and his research

Date: FRIDAY, December 10th ) - 12:30 PM
Location: Department of Economics - 4th floor - Room H 405

The next Friday Seminar will host Edgard DEWITTE (Sciences Po) on December 17th.

ERC CoG EQUIPRICE Lunch Seminar *via Zoom* - Dec 9th

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Anatole GALLOUET is a PhD Candidate in Applied Mathematics at the Institut polytechnique de Grenoble (Grenoble INP), working on a thesis entitled Problèmes inverses en optique anidolique et equations de jacobien prescrit, under the supervision of Boris THIBERT and Quentin MERIGOT. He is also affiliated to the Laboratoire Jean Kauffman.

He will present a paper on Numerical Resolution of Semi-Discrete Generated Jacobian Equations (read abstract, PDF 17.09 KB) at the EQUIPRICE Lunch Seminar series, organised by Alfred GALICHON in the framework and with funding from his ERC-CoG project EQUIPRICE (Grant agreement No.866274).

More about the Equilibrium Methods for Resource Allocations and Dynamic Pricing (EQUIPRICE) Project

Date: THURSDAY, December 9th - 12 PM
Location: via Zoom (link to follow)

The next ERC CoG EQUIPRICE Lunch Seminar will host Denis MERIGOUX (INRIA) on December 16th.

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