Labour economics classically predicts that wages are determined by supply and demand. Theoretically, if demand remains constant, emigration should increase wages in countries of origin (decreasing labour supply) and decrease wages in receiving countries (increasing labour supply). A malthusian vision of the economy also assumes that the arrival of new-comers in a market of limited jobs will leave some workers without employment or drive previously employed ones out of their jobs. The view that immigration decreases natives’ wages and generates unemployment are widely held.

September 3rd, the European Research Council (ERC) officially published the list of projects it has retained for its 2020 “Starting Grants” Call. Only 13% of submitted proposals were successful for this year’s round.

Founded and presided by three Nobel Memorial recipients (including Oliver Williamson), the Society for Institutional and Organizational Economics (SIOE) “studies institutions and organisations, largely but not entirely from the perspective of economics”, and meets annually - the Department had the honour of hosting SIOE’s 20th Annual Conference in 2016, under the direction of Sergeï GURIEV).

Better understanding the state of political systems – particularly in developing countries – via methods used by economists does not appear to be commonplace. However, it is an increasingly popular method that provides results which complement those obtained by political scientists. Benjamin Marx, permanent faculty member, has demonstrated their usefulness in research he has conducted in Kenya and Indonesia.

The 10th number of Cogito, Sciences Po’s Research magazine, is soon to be out with a special dossier on gender equality. It features an article by Ghazala AZMAT on gender inequalities in higher education - particularly true in the field of economics (read interview with Sergeï GURIEV, director of our PhD programme).

While Sciences Po temporarily closes its doors, the Department's researchers continue to analyse and evaluate the impact of the pandemic Covid-19 on the economy. An anthology of their latest publications on the subject, updated regularly.

informational autocrats

Olivier Duhamel, President of the Fondation nationale des sciences politiques, and Frédéric Mion, President of Sciences Po, are very pleased to invite you to the Award Ceremony of the Doctor Honoris Causa of Sciences Po to:

Joseph E. STIGLITZ, Professor at Columbia University.

The Department's Emeritus Professor Jean-Paul FITOUSSI will pronounce the Laudatio.

We extend the warmest welcome to Michele FIORETTI, Junnan HE, Kerstin HOLZHEU, and Marleen MARRA.