Throughout her career, Margaux Jacob has been able to build a rich multidisciplinary background allowing her to achieve her professional goal. With her scientific baccalaureate in hand, she headed for a preparatory class in Letters and Social Sciences at the Lycée du Parc in Lyon, with the aim of preparing for the entrance exams to the École Normales Supérieures (ENS). What mostly interests her there is the wide variety of disciplines available: history, literature, philosophy, sociology, mathematics … and, in particular, having a first contact with economics!
In 2017, she joined the Department of Economics at ENS – PSL. After her bachelor’s degree, she chose to enroll in the Master PPD – Public Policies and Development, which offered her the opportunity to do an internship from the first year of the programme and acquire operational evaluation techniques, while expanding her theoretical foundation.
Her first research internship at the University of Milan thus led her to work on the link between CAP subsidy policies and the price of land in agricultural land. In addition to the courses and her internship, Margaux wass also taking specialization courses in computer programming, foreign languages and environmental sciences.
Margaux’s did her second research internship at PSE, under the supervision of her master thesis director, Fabrice Etilé, with the objective of successfully estimating the impact of a media and health scandal – the presence of horse instead of beef meat in frozen dishes – on the meat consumption habits of the French people. As Margaux confides – the project was very challenging as it required understanding very large databases that were difficult to handle. The had to work very hard and to be very thorough to define the right model in order to obtain consistent and exploitable results.
Wishing to finally break away from research and get closer to the field, in 2021 Margaux joined the independent environmental consulting company I Care, after having completed an end-of-studies internship there. The company’s missions corresponded perfectly to her expectations. She is now working on a wide variety of stimulating themes relating to environmental protection, an area that has been close to her heart for a long time!
Edited by Paris School of Economics – Lettre PSE number 44
Abhijit Surya: making the most of his knowledge and skills
After graduating from St. Xavier’s College in Mumbai from a Bachelor in economics, Abhijit Surya continued his graduate studies at Aix-Marseille School of Economics – AMSE. Ranked among the best students of his class, he graduated from M1, specialization in econometrics. Eager to evolve in a stimulating university environment, he chose to join PSE for his M2 in 2016. He knew that he would also have the opportunity to meet and learn from several renowned professors amongst whom François Bourguignon who will later become his master thesis supervisor. He joined the Master APE – Economic Analysis and Policy because he wanted to acquire a diploma that would be useful to him no matter the choice that he would make for his future: enroll in a doctorate or start a professional career.
In the summer of 2016, he completed an internship in the Economic and Policy Research Department of the Reserve Bank of India – RBI, shortly after it formally adopted an Inflation Targeting (IT) regime. He then worked on the production of a research paper on the impact of such a regime on food price inflation in developing economies. This was a veryfruitful experience that gave him not only the opportunity to test his theoretical and technical knowledge but also to publish the results of his research in the Journal of Governance and Regulation (1).
After obtaining his Master’s degree in 2017, Abhijit was looking for a job that would allow him to make the most of the knowledge and skills acquired. A research-oriented position offered by the Economist Intelligence Unit – EIU then caught his attention. He applied and joined the EIU as a Research Analyst in 2017. While most of his work initially focused on macroeconomic forecasting, he later had the opportunity to expand his activities to operational risk analysis, sovereign risk assessments and scenario planning.
Promoted to Analyst in 2019, then Senior Analyst in 2020, Abhijit now conducts research on public finance, labor economics and the study of economic and financial crises, mainly in emerging markets in Latin America – a professional challenge fullfilled with success !
Reference : (1) Surya, Abhijit M. (2017), “The impact of inflation targeting framework on food price inflation : evidence from developing economies”, Journal of Governance and Regulation, 6 (4) : 53-60
Edited by Paris School of Economics – Lettre PSE number 44
Prix solennels de la chancellerie
Congratulations to Adrien Fabre (APE 2016, PhD 2020) and Thomas Blanchet (PhD 2020), winners of the 2021 edition of the PhD Prix solennels of the Chancellerie des Universités de Paris !
Thomas wrote his thesis on Essais sur la distribution des revenus et des patrimoines : méthodes, estimations et théorie and Adrien on La décarbonation est-elle possible ? Essais en économie de la transition énergétique.
The Prix solennels are awarded for excellent academic and scientific merits of a doctoral thesis defended during the year preceding the year of award.
Having good results in science, Julien Deur was first oriented towards preparatory scientific classes which then enabled him to join the École des Ponts ParisTech (ENPC). There, within the economics department, he found an opportunity to apply engineering tools to topics of more interest to him: the social sciences. Julien joined the Master APE – Analysis and Policy in Economics of PSE in the last year of the École des Ponts, which allowed him to strengthen his technical background and to discover new fields of application such as urban economics.
He joined CIRED in 2017, first as an intern then as a part-time research engineer, occasion for Julien to work on the dynamics of population displacement in urban areas and, more specifically, of gentrification, both on theoretical and statistical aspects. This collaboration with CIRED strongly inspired his master research thesis, both in the theme addressed – urban economics – and in the approach used – public policies. After thinking about doing a thesis related to his master dissertation for a while, he finally decided to try a more operational experience, directly linked to public policies. In order to satisfy his desire for experience abroad, he applied for the post of Deputy Head of the Economic Department at the French Embassy in Bangladesh, which he joined in 2019.
At the end of his two years in the economic service, he was recruited by the director of the branch of AFD – French Development Agency located in Dhaka in order to put his knowledge of Bangladesh and its economy at the service of identification and the instruction of new projects, as an external consultant. He thus found the opportunity to reconcile all of his achievements, working on various projects such as health, transport, microfinance and natural disasters, while adopting an engineering approach: identify then co-define the need with the beneficiary and provide an optimal solution.
Edited by Paris School of Economics – Lettre PSE number 43
Ariane Charpin: a tailor-made career in consulting
Ariane Charpin (PPD 2011, PhD 2019) – Director at Deloitte Economic Advisory. Access her LinkedIn profile.
Ariane Charpin began her graduate studies by integrating ESSEC Business School. There, she discovered microeconomics and industrial economics through a course taught by Frédéric Jenny. Her interest in economics grew and she decided to pursue the Economics program at ESSEC. Attracted by professions with a quantitative dimension, she also completed several internships in finance and management control, from 2007 to 2010.
She first worked on payment methods during her first consulting internship at CSC. Then, in 2009, she completed an internship of several months at Messiers Services in management control, in a landing gear manufacturing plant in the region of Querétaro, Mexico. It is during this internship that she took an interest in development-related topics on the one hand and realized that she wanted to deepen her knowledge of economics on the other hand. She then decided to integrate the Master PPD – Public Policies and Development at PSE.
In 2010, she completed an internship at the Permanent Representation of France to the UN, within the team in charge of economic and social issues: an enriching opportunity during which she had the chance to follow several presentations and debates on the financial and economic crisis and on the G-20, and to assist several diplomats in the drafting of notes and reports of general assemblies for the Ministry of Foreign Affairs.
Ariane graduated from ESSEC and Master PPD in 2011. The following year she joined the consulting firm Microeconomix as an economist. During her professional experience, Ariane had the chance to put in practice the knowledge acquired during her training and in 2014 she decided to consolidate it by registering in a doctorate at PSE. She continued her career in parallel and joined Deloitte France in 2016 after the integration of Microeconomix into Deloitte. She worked mainly on missions related to competition with a strong quantitative dimension. In 2019, she defended her thesis “Essays on decision theory and economic efficiency” under the supervision of Philippe Gagnepain.
Today at the head of a team of economists, she is involved in numerous cases in the field of competition (merger control, anti-competitive practices, state aid and competitive audit) and litigation (econometric quantification of damages, valuation of intellectual property rights, etc.) The choice of the doctorate proved to be relevant, in particular because her knowledge in data analysis is a daily strength: data processing and econometric analysis are regularly mobilized on antitrust subjects and more broadly, they bring strong added value to a wide variety of subjects dealt with by Deloitte teams such as, for example, questions of strategy consulting.
Edited by Paris School of Economics – Lettre PSE number 43
The 2021 AFSE PhD Prize: Thomas Douenne (APE 2016, PhD 2020), Mariona Segu (PPD 2015), Raphaël Lardeux (APE 2013)
The 2021 AFSE PhD Prize has been awarded “ex-aequo” to Mariona Segu (Université Paris-Saclay) under the supervision of Gabrielle Fack and Miren Lafourcade and Thomas Douenne (Paris School of Economics) under the supervision of Katheline Schubert. In addition to the high quality of both theses, the jury also appreciated the relevance of their work and the policy implications that can be drawn from their topical issues.
Mariona’s thesis entitled “Three essays on local housing markets” explores three aspects of the real estate market that have received little attention so far: the effects on house prices of tourism development such as peer-to-peer accommodation and an increase in the number of tourists travelling by air. She also studies the impact of the tax on vacant dwellings on the vacancy rate.
Thomas’ thesis “Essais sur l’économie des politiques environnementales : préférences, croyances, et redistribution ” helps to better understand citizens’ attitudes towards environmental policies. His work shows the paradox facing environmental policies: citizens care about the environment and the climate and support the implementation of ambitious climate policies, but at the same time they oppose the carbon tax. Thomas addresses the possible explanations for this paradox.
The very high quality of the submitted theses also led the jury to award a special mention to Raphaël Lardeux (Université Paris 2) for his thesis entitled “Économie Publique Comportementale avec Agents Hétérogènes”, supervised by Etienne Lehmann.
Source: AFSE, May 2021
(Call for Papers) December 7-8: World Inequality Conference #2
The World Inequality Lab is organizing the second World Inequality Conference (previously WID.world Conference), which will be hosted by PSE – Paris School of Economics on December 7th and 8th, 2021.
The conference will be structured along three axes:
(i) Presentations of research on all dimensions of socioeconomic inequality, for which the World Inequality Lab is welcoming submissions of completed papers or detailed drafts.
(ii) The releasing of the World Inequality Report 2022. The report will provide global estimates of income and wealth inequality drawing on the latest evidence gathered in WID.world, and will discuss implications for future research and for the global policy debate on rising inequality.
(iii) Presentations on progress made in the DINA-Distributional National Accounts agenda, in the context of the ERC Synergy Project by PSE, Oxford and UC-Berkeley.
Paper submission. Please submit your paper in pdf format to conference wid.world by September 5th, 2021, indicating whether you will require funding, and whether you are a PhD student. Decisions are expected to be announced by September 20th, 2021.
Financial assistance. Unfortunately, the World Inequality Lab has limited funding, and will make its best to contribute to the travel and lodging expenses (if conditions permit…) for a number of selected papers, in particular for presenting PhD students with no other funding source. The lab will be grateful if you can contribute to the costs of your attendance from a research grant at your disposal.
Requests to attend the conference but not to present a paper. If you wish to attend the conference, but do not plan to present a paper, please send an email to conference wid.world with your name and affiliation by September 27th, 2021. Depending on the circumstances, it may not be possible to accept all requests.
Organization details: There will be no fees. In case of in-person attendance, participants will be responsible for making their own travel arrangements, with the exception of authors granted financial assistance.
You are a journalist and wish to know more about the Observatory? Please contact Anne-Priscille Desbarres, Communications Director of the EU Tax: anne-priscille.desbarres psemail.eu
11:30am-12:00pm “The Rise and Fall of Global Currencies Over Two Centuries”, Roger Vicquéry (Banque de France)
12:00pm-12:30pm “Zombie International Currency: The pound sterling, 1945-1971”, Maylis Avaro (Oxford University)
12:30pm-14:00pm Lunch break
14:00pm-14:30pm “Deviations from covered interest rate parity in financial crises”, David Chambers (Cambridge University), Victor Degorce, Olivier Accominotti, Jason Cen
14:30pm-15:00pm “The International Consequences of Bretton Woods Capital Controls and the Value of Geopolitical Stability”, Paulina Restrepo-Echavarria (St Louis Fed ), Lee E. Ohanian, Diana Van Patten Mark Wright
15:00pm-15:15pm Break
15:15pm-15:45pm “The Aftermath of Sovereign Debt Crises: A Narrative Approach”, Rui Esteves (Graduate Institute Geneva), Seán Kenny and Jason Lennard
15:45pm-16:15pm “Reconstruction Aid, Public Infrastructure, and Economic Development: The Case of the Marshall Plan in Italy”, Michela Giorcelli (UCLA) and Nicola Bianchi
16:15pm-16:30pm Break
16:30pm-17:30pm Keynote Lecture by Moritz Schularick “Central bank balance sheets and the macroeconomy 1587-2020” Discussion by Matthieu Bussière (Director, Monetary and Financial Studies, Banque de France)
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Organizers: Eric Monnet (PSE, CEPR) Alain Naef (Banque de France)
(From 17 to 21 May) Watch the REStud Tour 2020/21 live
PSE – Paris School of Economics is pleased to organize, jointly with University of Manchester (UoM) and New Economic School (Moscow, NES), the REStud Tour 2020/21. The event will be held online and broadcast live on YouTube.
14:00 (UK-BST), Masao Fukui (MIT), “A Theory of Wage Rigidity and Unemployment Fluctuations with On-the-Job Search”, chaired by: Tobias Broer (PSE)
15:00 (UK-BST), Evan Rose (Microsoft Research), “Who Gets a Second Chance? Effectiveness and Equity in Supervision of Criminal Offenders”, chaired by: Camille Hémet (PSE)
16:00 (UK-BST), Claudia Allende (Chicago & Stanford GSB), “Competition Under Social Interactions and the Design of Education Policies”, chaired by: Antonio Nicolò (UoM)
14:00 (UK-BST), Victoria Marone (UT Austin) “Should There Be Vertical Choice in Health Insurance Markets?” (with Adrienne Sabety), chaired by: Evgeny Yakovlev (NES)
15:00 (UK-BST), Ian Ball (Microsoft Research) “Scoring Strategic Agents”, chaired by: Olivier Compte (PSE)
16:00 (UK-BST), Adrien Bilal (Chicago & Harvard) “The Geography of Unemployment”, chaired by: Thierry Verdier (PSE)
14:00 (UK-BST), Nina Roussille (UC Berkeley) “The Central Role of the Ask Gap in Gender Pay Inequality”, chaired by: James Banks (UoM)
15:00 (UK-BST), Allan Hsiao (MIT) “Coordination and Commitment in International Climate Action: Evidence from Palm Oil”, chaired by: Gerhard Toews (NES)
16:00 (UK-BST), Anders Humlum (Chicago) “Robot Adoption and Labor Market Dynamics”, chaired by: Karen Macours (PSE)
17:00 (UK-BST), Christina Brown (UC Berkeley) “Inducing Positive Sorting through Performance Pay: Experimental Evidence from Pakistani Schools” (with Tahir Andrabi), chaired by: Michele Valsecchi (NES)