David Thesmar
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David Thesmar
David Thesmar (born in France on March 7, 1972) is a French economist who works as Franco Modigliani Professor Financial Economics at the MIT Sloan School of Management. His research interests include corporate finance, financial intermediation, entrepreneurship and behavioural economics. In 2007, he was awarded the Prix du meilleur jeune économiste de France, Prize of the Best Young Economist of France. Biography David Thesmar earned a Bachelor of Science, B.Sc. in economics and physics from the École Polytechnique in 1995 and a Master of Science, M.Sc. from the Paris School of Economics and École Nationale de la Statistique et de l'Administration Économique, ENSAE, followed by an M.Phil. in economics from the London School of Economics. In 2000, he obtained his Ph.D. in economics from EHESS for a thesis supervised by Pierre Cahuc, Francis Kramarz, Patrick Rey, Christophe Chamley and Daniel Cohen (economist), Daniel Cohen. After his graduation, Thesmar began to work as a lect ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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Pierre Cahuc
Pierre Cahuc (born January 18, 1962) is a French economist who currently works as Professor of Economics at Sciences Po. He is Program Director for the IZA Institute of Labor Economics's programme "Labour Markets" and research fellow at CEPR. His research focuses mainly on labour economics and its relationship with macroeconomics. In 2001, he was awarded the Prize of the Best Young Economist of France for his contributions to economic research. He belongs to the most highly cited economists in France and Europe's leading labour economists. Biography Pierre Cahuc earned master's degrees in public law, political science, and economics from the Université Paris I Panthéon-Sorbonne in 1984, followed by a DEA in macroeconomics in 1985, a D.E.A. in political sociology in 1986, and a PhD in economics in 1989. In 1990, Cahuc obtained his agrégation in economic science. After his graduation, he accepted a position as professor of economics at the Université des Antilles et de la ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Productivity
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. The most common example is the (aggregate) labour productivity measure, one example of which is GDP per worker. There are many different definitions of productivity (including those that are not defined as ratios of output to input) and the choice among them depends on the purpose of the productivity measurement and/or data availability. The key source of difference between various productivity measures is also usually related (directly or indirectly) to how the outputs and the inputs are aggregated to obtain such a ratio-type measure of productivity. Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivi ...
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Journal Of Finance
''The Journal of Finance'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946 and is considered to be one of the premier finance journals. The editor-in-chief is Antoinette Schoar. According to the ''Journal Citation Reports'', the journal has a 2020 impact factor of 7.544. It is listed as one of the 50 journals used by the ''Financial Times'' to compile its business-school research ranking and ''Bloomberg Businessweek''s Top 20 Journals. Editors The editorial board of the journal of finance consists of the editor, co-editors and associate editors. The executive editor is Antoinette Schoar (MIT The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...), the first female in the position. The following ...
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American Finance Association
The American Finance Association (AFA) is an academic organization whose focus is the study and promotion of knowledge of financial economics. It was formed in 1939. Its main publication, the ''Journal of Finance'', was first published in 1946. __TOC__ Mission The purpose of the association is to: *Act as a mutual association of persons with an interest in finance *Improve the public understanding of financial problems *Provide for the exchange of financial ideas through the distribution of the ''Journal of Finance'' and other media *Encourage the study of finance in colleges and universities *Conduct other activities appropriate for a non-profit, professional society in the field of finance Membership As of 2022, the association has over 12,000 members. A variety of membership options exist and membership is open to anyone. A number of members are also distinguished in the Society of Fellows of the Association. These are members who have made significant contributions to ...
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European Finance Association
The European Finance Association (EFA) is a professional association of more than 2,000 professionals and financial economists involved in the high-level research, study, teaching, and practice of finance. The association was founded in 1974 and hosts an annual meeting in August. The 40th annual meeting of the EFA was held in Cambridge, UK in 2013. The 48th annual meeting was be chaired by EFA President Professor Elena Carletti and was organised by Bocconi University in Milan, Italy in August 2021. The 49th annual meeting was organised by IESE Business School in Barcelona, Spain, in August 2022 and chaired by EFA Vice President Professor Xavier Vives. The 50th annual meeting will be held in Amsterdam, The Netherlands, in 2023 chaired by Professor Albert J. Mankveld at Vrij Universiteit Amsterdam. EFA also organises doctoral events including an intensive and competitive tutorial designed for PhD students in Finance who are nearing the end of their doctoral thesis and will soon be o ...
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European Economic Association
The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current president is Oriana Bandiera. The Association currently has around 3000 members. Its objectives are: ". . . to contribute to the development and application of economics as a science in Europe; to improve communication and exchange between teachers, researchers and students in economics in the different European countries; and to develop and sponsor co-operation between teaching institutions of university level and research institutions in Europe " It publishes the ''Journal of the European Economic Association''. In August of each year the Association, in collaboration with the Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an inde ...
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Cercle Des économistes
Le Cercle des économistes is a French think tank founded in 1992 by Jean-Hervé Lorenzi. The association is made up of 30 economists who are also French university academics. It is a non-profit organization whose mission is to organize and promote economic discussion and debate, which is open and accessible to everyone. Its members are distinguished by diverse approaches and varied areas of special competence, ensuring the richness and inclusiveness of its discussions. Le Cercle des économistes organizes various annual events (with its own in-house team) such as Les Rencontres Economiques d'Aix-en-Provence which has turned into an international economic forum, the association releases also several annual economic publications and its members are frequently solicited by French and international media. Members Yann Algan, Patrick Artus, Agnès Bénassy-Quéré, Françoise Benhamou, Jean-Paul Betbèze, Anton Brender, André Cartapanis, Jean-Michel Charpin, Jean-Marie Chevalie ...
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Centre For Economic Policy Research
The Centre for Economic Policy Research (CEPR) is an independent, non‐partisan, pan‐European non‐profit organisation. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in economic theory, to policymakers, the private sector and civil society. Rather than adopting the traditional in-house ‘think-tank’ research structure, CEPR appoints Research Fellows and Affiliates who remain in their home institutions (universities, research institutes, central bank research departments, and international organisations). CEPR’s network includes over 1,700 of the world's top economists from over 330 institutions in 30 countries. The results of the research conducted by the Centre's network are disseminated through a variety of publications, public meetings, workshops and conferences. Its headquarters is currently located in London. History CEPR was founded in 1983 by Richard Portes, FBA, CBE, to enhance the quality ...
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Haas School Of Business
The Walter A. Haas School of Business, also known as Berkeley Haas, is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public university in the United States and is ranked among the best business schools in the world by ''The Economist'', ''Financial Times'', ''QS World University Rankings'', '' U.S. News & World Report'', and ''Bloomberg Businessweek''. Named after Walter A. Haas, the school is housed in four buildings surrounding a central courtyard on the southeastern corner of the Berkeley campus, where both undergraduate and graduate students attend classes. Its resident startup incubator, Berkeley SkyDeck, is located west of campus in Downtown Berkeley. Notable faculty include former Chairs of the Federal Reserve and the Council of Economic Advisors, Nobel laureates in economics, the Secretary of the Treasury, the chief economist of Google, and more. History T ...
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University Of California Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant university and the founding campus of the University of California system. Its fourteen colleges and schools offer over 350 degree programs and enroll some 31,800 undergraduate and 13,200 graduate students. Berkeley ranks among the world's top universities. A founding member of the Association of American Universities, Berkeley hosts many leading research institutes dedicated to science, engineering, and mathematics. The university founded and maintains close relationships with three national laboratories at Berkeley, Livermore and Los Alamos, and has played a prominent role in many scientific advances, from the Manhattan Project and the discovery of 16 chemical elements to breakthroughs in computer science and genomics. Berkeley is also k ...
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