Professor of Economics
Columbia University
1022 International Affairs Building
420 W 118th Street
New York, NY 10027
USA

For French-speakers/Pour les francophones :

Consultez aussi mon blog personnel, aujourd'hui en sommeil : L'économie sans tabou



RESEARCH FIELDS

Contract theory; insurance economics; labor economics; theoretical and applied econometrics.


PROFESSIONAL DATA

1986-88 : Research Fellow at INSEE's Research Department
1988-90 : short-term forecasting, Forecasting Department of INSEE.
1990-91 : Visiting Scholar, Stanford University.
1991-92 : professor at ENSAE.
1992-94 : Director of Studies at ENSAE.
1994-95 : Director of ENSAE.
1995-97 : Director of LEI (CREST).
1997-2000 : Head of the Macroeconomic Policy Unit, INSEE.
2000-2001 : Visiting professor, University of Chicago.
2001- 2003: Director of CREST.
2003-2005: Research Fellow at LEI (CREST).
Fall 2005: Visiting Professor at Columbia University.
2005-: Professor at Columbia University.

1994-2004: Part-time Associate professor at Ecole Polytechnique.

2004-2007: Part-time Professor at Ecole Polytechnique.

Associate editor of Annales d'Economie et de Statistique (1989-), of Research in Economics (2000-), and of the American Economic Journal: Microeconomics.

Member of the Editorial Board of the Review of Economic Studies (1999-2003).
Managing Editor of the Review of Economic Studies (2003-).

Member of the Programme Committees of the European Meeting of the Econometric Society in 1996, of the 1999 Meeting of the European Economic Association, and of the 2009 meeting of the American Economic Association.

Co-chairman of the Programme Committee of the European Meeting of the Econometric Society in 2003.

Research Fellow of the Center for Economic Policy Research.

Research Fellow of IZA.

Research Fellow of CESifo.

Fellow of the Econometric Society (since 2001).


Courses at Columbia:


TEACHING

I have taught microeconomics, macroeconomics, econometrics at various levels and in various places.


This year I teach



PUBLICATIONS



Books:



The Economics of Contracts: A Primer, MIT Press, 1997, 2005. (translated in Japanese by Keiso Shobo Publishers, 2000). New edition: improved and updated, but still mercifully short.
The Microeconomics of Market Failures, MIT Press, 2000 (translated in Chinese by Shanghai University Press, 2004).
The Economics of Taxation MIT Press, 2003 (translated in Chinese by Shanghai University Press, 2005).



Articles:


« Estimation of Multimarket Fix-Price Models: an Application of Pseudo-Maximum Likelihood Methods », Econometrica (1989), 57, 831-860 (with Guy Laroque).
« Long Term, Short Term, and Renegotiation: On the Value of Commitment in Contracting », Econometrica (1990), 58, 597-619 (with Patrick Rey).
« Sélection adverse et aversion pour le risque », Annales d'économie et de statistique (1990), 18, 131-149.
« Wage and Price Adjustment in a Multimarket Disequilibrium Model », Journal of Applied Econometrics (1991), 6, 1-15.
« Spéculation, prix et bien-être », Annales d'Economie et de Statistique (1991), 24, 209-246 (with Stéphane Gregoir).
« Simulation-based Estimation of Models with Lagged Latent Variables", Journal of Applied Econometrics (1993), 8, S119-S133 (with Guy Laroque), reprinted in Econometric Inference Using Simulation Techniques, H. Van Dijk, A. Monfort et B. Brown eds, John Wiley (1995).
« Repeated Moral Hazard: the Role of Memory and Commitment », European Economic Review (1994), 38, 1527-1553 (with Pierre-André Chiappori, Ines Macho and Patrick Rey).
« Estimating the Canonical Disequilibrium Model: Asymptotic Theory and Finite Sample Properties », Journal of Econometrics (1994), 62, 165-210 (with Guy Laroque).
« Measuring the Incidence of Insider Trading: A Comment on Shin », Economic Journal (1994), 104, 1418-1419 (with Bruno Jullien).
« Macroeconometric Disequilibrium Models », in the Handbook of Applied Econometrics: Macroeconomics, H. Pesaran and M. Wickens eds, Basil Blackwell (1995) (with Guy Laroque).
« Un modèle de déséquilibre de la courbe de Phillips en France et en Allemagne », Annales d'économie et de statistique (1996), 44, 1-28 (with Guy Laroque).
" On the Value of Commitment in Contracting with Asymmetric Information », Econometrica (1996), 64, 1395-1414 (avec Patrick Rey).
" Empirical Contract Theory: The Case of Insurance Data ", European Economic Review (1997), 41, 943-950 (with Pierre-André Chiappori).
" La réglementation des monopoles naturels ", in A. Perrot ed., Réglementation et concurrence, Economica (with Pierre-Philippe Combes and Bruno Jullien) (1997).
" Normal Estimators for Cointegrating Relationships ", Economics Letters (1997), 55, 184-189 (with Guy Laroque).
" Le partage des profits agrégés ", Annales d'Economie et de Statistique (1998), 51, 169-185.
" Développements récents en économétrie des contrats ", Revue Economique (1999), 50, 611-620.
" Early Starters vs Late Beginners " (with Pierre-André Chiappori and Julie Valentin), Journal of Political Economy (1999), 107, 731-760.
" Guide pratique des séries non-stationnaires ", Economie et Prévision (1999), 137, 119-141.
" Should More Risk-Averse Agents Exert More Effort? " (with Bruno Jullien and François Salanié), Geneva Papers on Risk and Insurance Theory (1999), 24, 19-28.
" Testing for Asymmetric Information in Insurance Markets " (with Pierre-André Chiappori), Journal of Political Economy (2000), 108, 56-78.
" Estimating Preferences under Risk: The Case of Racetrack Bettors " (with Bruno Jullien), Journal of Political Economy (2000), 108, 503-530.
" Prélèvements et transferts sociaux : une analyse descriptive des effets incitatifs " (with Guy Laroque), Economie et statistique (2000), 328.
Une décomposition du non-emploi en France » (avec Guy Laroque), Economie et statistique (2000), 331.
« Une maquette analytique du marché du travail à long terme », Economie et prévision (2000), 146, 1-13.
"Labor Market Institutions and Employment in France" (with Guy Laroque), Journal of Applied Econometrics (2002), 17, 25-48. This paper was awarded the Richard Stone Prize in 2004.
"Optimal Demogrants with Imperfect tagging", Economics Letters (2002), 75, 319-324.
"Temps partiel féminin et incitations financières à l'emploi" (with Guy Laroque), Revue Economique (2002), 53, 1127-1147.
"Testing Contract Theory: A Survey of Some Recent Work" (with Pierre-André Chiappori),  in Advances in Economics and Econometrics, vol 1, M. Dewatripont, L. Hansen and S. Turnovsky eds, Cambridge University Press.
"Testing Contract Theory", CESifo Economic Studies (2003), 49, 461-477.
"Fécondité et offre de travail des femmes" (with Guy Laroque), Economie publique (2003), 13, 61-94.
"Salaire minimum et emploi en présence de négociations salariales" (avec Guy Laroque), Annales d'Economie et de Statistique, 73, 1-22.
"Fertility and Financial Incentives in France" (avec Guy Laroque), CESIfo Economic Studies (2004), 50, 423-450.
"A Nonparametric Simulated Maximum Likelihood Estimation Method » (with Jean-David Fermanian),  Econometric Theory (2004), 20, 701-734.
"Asymmetric Information in Insurance: General Testable Implications" (with Pierre-André Chiappori, Bruno Jullien and François Salanié), Rand Journal of Economics (2006), 37, 783-798.
"Screening Risk-averse Agents under Moral Hazard: Single-crossing and the CARA Case"  » (with Bruno Jullien and François Salanié), Economic Theory (2007), 1, 151-169. .

 

DISCUSSION PAPERS

« Empirical Evidence on the Preferences of Racetrack Bettors”(with Bruno Jullien), forthcoming in the Handbook of Investments, vol. 6: Efficiency of Sports and Lottery Betting Markets, Don Hausch and Bill Ziemba eds.

« Does Fertility Respond to Financial Incentives? (with Guy Laroque), mimeo.

« On Competitive Equilibria with Asymmetric Information (with Jérôme Pouyet and François Salanié), mimeo.

"Modeling Competition and Market Equilibrium in Insurance: Empirical Issues" (with Pierre-André Chiappori), forthcoming in the American Economic Review Papers and Proceedings (2009).

 


Non-academic publications:


I published in 2004 a (French-language) popularization book entitled L'économie sans tabou, which is presented in more details on my blog (also in French!).

Here are some other links (most of them in French):


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