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La
version française de la “newsletter” est disponible auprès de Catherine
Portier, cportier@cict.fr.
The news below represents a small sample of the activities of the IDEI
researchers. If you would like more information, see the IDEI Website at http://www.idei.fr/, or contact Catherine Portier, cportier@cict.fr.
Dear
Friends of the Institute,
In recent
days, we heard some wonderful news from across the
This is
not the place to summarize Susan’s many achievements, but I
think that, in an area where many people bemoan the fact that economists are
becoming extremely specialized, the American Economic Association has chosen to
reward a complete economist, whose contributions extend from high theory to
applications and policy work.
Now, you
may ask, why is this good news for the Institute? Well, because Susan is a good
friend of the Institute and a not infrequent visitor. Her last visit was in
January when she gave the fourth Toulouse Economic Lectures. These annual
lectures, which are organized with the support of the Town of
We are
very proud of the fact that the best economists in the world find it worthwhile
to come to
Jacques Crémer
IDEI Director
PS: Steven
Berry from
The News (From January to
March)
CONFERENCES
Three conferences
held at IDEI
during these last three months.
·
Conference on "The Economics
of Energy Markets, January 15-16, 2007, organized by Claude Crampes and Jean
Tirole.
·
“The Fourth Toulouse Lectures in
Economics”, January 16-18, 2007, with the support of the Town of
·
Fourth bi-annual Conference on
the Economics of the Software and Internet Industries, January 19-20, 2007,
organized by Jacques Crémer, Paul Seabright and Jean Tirole.
Most of the
IDEI events are open. If you would like to attend one of them, or just wish to
have more information, visit http://www.idei.fr
or send an email to Catherine Portier at cportier@cict.fr
EVENTS
·
Emmanuelle Auriol has
participated in a research economic valuation at the National Council of
Research in
·
Fabrice Collard has presented
“Gold Rush Fever in Business Cycles”, co-written with P. Beaudry and F. Portier,
at the American Economic Association Meeting in Chicago on January 4-5.
·
Claude Crampes has presented “Strategic
Incentives to Merge in the Energy Industry”, co-written with M. Moreaux, at the
International Association for Energy Economics Conference in Wellington, New Zealand,
on February 19-21.
·
Helmuth Cremer has presented “Concurrence
et service public: l’économie du secteur postal” at
·
Jacques
Crémer has participated in a debate on “La science économique en question:
réflexions sur le devenir de la recherche, de la formation et de la culture
scientifique” at
·
Etienne de Villemeur has
presented “The Social Costs of Air Traffic Delays”, co-written with M. Ivaldi,
E. Quinet and M. Urdanoz, at the Allied Social Science Association Meeting in
·
Pierre Dubois has presented “Effects
on School Enrollment and Performance of a Conditional Transfers Program in
·
Farid Gasmi has participated in
the Indo French Academic Partnership Meeting, organised by Edufrance, in
·
Christian Gollier has presented
the Stern report at the Institut d’Etudes
Politiques in
·
André Grimaud has presented “The
North-South Effects of Environmental Policy: Rent Transfers, Relocation,
Incentives to Research and Growth”, co-written with J. Daubannes, at
·
Patrick
Rey has presented “La politique de la concurrence” at the Comité Industriel de Promotion de
·
Jean-Charles
Rochet has presented “Les justifications économiques de la
réglementation financière”, co-written with Jean Tirole, at l’Autorité des Marchés Financiers on January
12.
·
Gilles
Saint-Paul has presented “Le rôle des croyances et des idéologies dans
l’économie politique des réformes” at les
Entretiens de l’AFSE in Paris on February 20.
·
Paul Seabright has presented “The
Ups and Downs of the Doctrine of Collective Dominance: Using Game Theory for
Merger Policy” at the Japan Fair Trade Commission in
·
Jean
Tirole has presented “Le réseau de transport d’électricité” at the Competition
Authority in Melbourne on March 13.
VISITS
·
Philippe Douste-Balzy, Ministry
of Foreign Affairs, and François Goulard, Ministry of Higher Education and
Research, visited the Fondation Jean-Jacques Laffont - Toulouse School of
Economics, a research network that will work closely with IDEI, on January 8.
·
Students from the Indian
Institute of Planning and Management in
·
Christian Gollier has been nominated
director of the Laboratoire d’Economie
des Ressources Naturelles (LERNA).
·
Jean
Tirole has been nominated Chevalier de
MEDIA
·
« Airbus
a besoin de souplesse et de réactivité », by Paul Seabright,
·
« Jean
Tirole: dans la peau d’un Nobel », by Catherine Golliau, Le Point, March
22.
·
« Dépenser
moins et soigner mieux, c’est possible ! », by Jean-Marie Lozachmeur,
Le Monde de l’Economie, March 27.
·
« Du
bon usage des cagnottes », by Franck Portier, L’Expansion, n°715.
·
« L’allègement
des droits de succession : une réponse partielle au vieillissement
… », by Gilles Saint-Paul, Les Echos, March 26.
·
« La
politique agricole, une fabrique d’obèses », by Vincent Réquillart,
Libération, January 31.
·
« La
régulation ou l’économie publique moderne », by Jean Tirole,
·
« Nos
autorités de régulation doivent rester indépendantes », by Jean Tirole, Le
Monde de l’Economie, January 23.
·
« Silence
sur la corruption », by Emmanuelle Auriol, L’Expansion, n°717.
FUTURE
EVENTS
·
May
31 – June 1 and 2, 2007.................................. Sixth Conference IDEI-LERNA on Environment and
Resource Economics: « Environment, Finance and Corporate Behaviour. »
·
June
14-15, 2007.................................................... Workshop INRA/IDEI: « Geographical Indications
and Collective Brands: Firm Strategies and Public Policies. »
·
September
3-4,
2007.............................................. Workshop on Risk Sharing.
·
September,
2007.................................................... Ninth
·
October
25-26, 2007.............................................. Joint IDEI/Bruegel Conference on the Competition,
Investment and Innovation in Network Economics,
·
November
14-16, 2007.......................................... Fifth
·
November 29-30, 2007.......................................... Conference of the Association
for Competition Economics.
WORKING PAPERS
Copies of all working papers can be found on the web site of the IDEI.
MORE APPLIED PAPERS
·
Pricing
in the Pharmaceutical Industry, Working Paper n°432,
revised December, by D. Bardey, A. Bommier and B. Jullien.
·
The
Dynamic Effects of Disinflation Policies, Working
Paper n°426, March, by F. Collard, P. Fève and J. Mathéron.
·
Une tarification saisonnière pour
le gaz ? Les coûts d’un schéma de régulation rigide pour un bien stockable
dont la demande varie,
Working Paper n°434, February, by E. de Villemeur.
·
The
Effect of Location in Finding a Job in the Paris Region,
Working Paper n°433, February, by L. Gobillon L., T. Magnac and
H. Selod.
·
Energy
Substitutions, Climate Change and Carbon Sinks, Working
Paper n°427, January, by G. Lafforgue, B. Magné and M. Moreaux.
·
Alternative
Strategies for Fighting Unemployment: Lessons from the European Experience,
Working Paper n°446, March, by G. Saint-Paul.
·
Le rôle des croyances et des
idéologies dans l’économie politique des réformes, Working Paper n°447, March, by G. Saint-Paul.
MORE TECHNICAL PAPERS
·
Tying
and Freebies in Two-Sided Markets, Working Paper n°445, March
2007, by A. Amelio and B. Jullien.
·
Optimal
Beliefs, Asset Prices, and the Preference for Skewed Returns,
Working Paper n°429, February, by M.K. Brunnermeir, C. Gollier and J. A.
Parker.
·
The
Effects of Trade Liberalization Between High and Low Cost Countries when Merger
Behavior is Endogenous, Working Paper n°394 by M.-F. Calmette
·
Monetary
Policy Inertia or Persistent Shocks: a DSGE Analysis,
Working Paper n°431, February, by J. Carillo, P. Fève and J. Mathéron.
·
Managerial
Legacies, Entrechment and Strategic Inertia, Working
Paper n°442, January, by C. Casamatta and A. Guembel.
·
Experience,
Screening and Syndication in Venture Capital Investments,
Working Paper n°443, February, by C. Casamatta and C. Haritchabalet.
·
Dynamic
Inter-Regional Cooperation under Uncertainty, mimeo, February,
G. Cheikbossian and W. Sand-Zantman.
·
Advertising,
Competition, and Entry in Media Industries, Working
Paper n°374, revised January, by C. Crampes, C. Haritchabalet and B. Jullien.
·
Testing
Economic Modes from Structural VARs, mimeo,
Banque de France, March, P. Fève, J. Mathéron and J.-G. Sahuc.
·
Intergenerational
Risk-Sharing and Risk-Taking of a Pension Fund, Working
Paper n°42, January, by C. Gollier.
·
Understanding
Saving and Portfolio Choices with Predictable Changes in Assets Returns,
Working Paper n°430, February, by C. Gollier
·
Dynamique des salaires dans une
cohorte, Working
Paper n°436, March, by T. Magnac and S. Roux.
·
Contracting
for an Innovation under Bilateral Asymmetric Information,
Working Paper n°448, March, by D. Martimort, J.-C. Poudou and W. Sand-Zantman.
·
Inventories
and Endogenous Stackelberg Hierarchy in Two-Period Cournot Oligopoly,
Working Paper n°428, January, by S. Mitraille and M. Moreaux.
·
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Meet the researchers of
IDEI THOMAS-OLIVIER LEAUTIER |
|
You have been nominated Associate Professor at the
University Toulouse I Sciences Sociales last autumn, could you please introduce
yourself?
After my
PhD at the department of economics at MIT, I decided to join McKinsey and
Company, a management consulting firm. This provided me with a direct
experience of "real life" economics: microeconomics, strategy, firm's
organization, etc. I found it a highly valuable experience. I think I now have
a better understanding of where academic research is helpful, and how/where it
can be impactful. I also realized how many facts, figures, data are available,
and how critical they are to any research effort.
After six
years with McKinsey, I joined Alcan, a leading aluminium and packaging company,
to setup the risk management group. There, I saw a large successful corporation
from the inside. I also got a richer understanding of real risk management
issues.
I feel now
ready to come back to academic research. I am finishing a book on risk
management, where I summarize what I learnt and practiced over the last few
years. I hope it will be a bridge between academic research and practitioners'
needs. In parallel, we have a few risk management research projects with other
IDEI researchers: from the highly mathematical to the data-oriented. I am also
starting a research project on electric power transmission. That was the topic
of my PhD ten years ago. Finally, we have a project on loyalty versus
competence within firms.
As
director of the executive MBA program, what do you think about its future?
The eMBA
is a great opportunity for all parties involved. I feel TSE will not be
successful in the long-term without a strong continuous education program:
besides incremental financing, it provides closer links to the business world,
hence exposure to real issues faced by firms and their managers, and increases
the reputation of Toulouse School of Economics in the business community. For
potential participants, it is simply a fabulous arbitrage: world class teaching
in
PS: We would love some feedback about
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Catherine Portier, cportier@cict.fr
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