Curriculum Vitae Personal Data Name : Pierre Pestieau Place
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When Modern Economics Learned French Jacques Drèze and the Foundation of CORE
When Modern Economics Learned French Jacques Drèze and the Foundation of CORE Till Düppe1 July 2015 Abstract: The Center of Operations Research and Econometrics (CORE), founded in 1966, was one of the channels through which economic modelling practices were imported from the U.S. to Europe. Officially modelled after the Cowles Foundation for Economics Research, it rather reflected Jacques Drèze’s broad experiences in the U.S. during the 1950s when modelling techniques were not yet anchored in disciplines. CORE gained international reputation however, through the rather exclusive community of Neo-Walrasian economists represented by Werner Hildenbrand, Jean Gabszewicz, and Gérard Debreu. After this community has modified the disciplinary divisions at CORE, the influence of CORE on continental economics happened mainly through disequilibrium economics that still stands for a “French accent” in modern macroeconomics. At the same time, operations research and econometrics prospered at CORE without receiving much attention by economists. This essay tells the story of how CORE changed continental economics through the unique career path of its founder, Jacques Drèze. Key Words: continental economics, disciplinary formation, Neo-Walrasian economics, disequilibrium economics, Jacques Drèze. Word-Count: ca. 13.000 1 Assistant Professor, Department of economics, Université du Québec à Montréal, Pavillon des Sciences de la gestion, 315, Rue Sainte-Catherine Est, Montréal (Québec), H2X 3X2, Canada, e- mail: [email protected]. I thank Jacques Drèze, Pierre Pestieau, Jean Gabszewicz, Claude d’Aspremont, Michel Mouchart, Laurence Wolsey, and Sheila Weyers for sharing their point of view on the first decade of CORE. I am also grateful for comments received for a previous version from the same list of people. -
Pierre Pestieau Date of Birth : 9.10.1943 Citizenship : Belgian
Curriculum Vitae Personal Data Name : Pierre Pestieau Date of Birth : 9.10.1943 Citizenship : Belgian Home Address Bvd d’Avroy, 238 A B - 4000 - Liège - Belgium Phone : 32 (4) 253 23 78 Business Address University of Liège - Sart Tilman CORE Université Catholique de Louvain Boulevard du Rectorat, 7 (B 31) Voie du Roman Pays, 34 B – 4000 – Liège – Belgium B – 1348 – Louvain-la -Neuve – Belgium Phone : + 32 (4) 366 3109 Phone : + 32 10 47 43 22 Fax : + 32 (4) 366 2981 e-mail : [email protected] Degrees - "Bachelier" (B.A.) in Philosophy, University of Louvain, 1963 - "Licence" (B.A.) in Sociology, Magna cum laude , University of Louvain, 1965 - "Licence et maîtrise" (M.A.) in Economics, Magna cum laude , University of Louvain, 1967 - M. Phil. Yale University, 1970 - Ph.D., Yale University, 1972 Dissertation : Optimal Public Investment and Rates of Discount Scientific Achievements Fellowships and awards 1967-68 : Fellowship from CRB: Belgian-American Educational Foundation, Herbert Hoover Foundation 1968-69 & 1970-71 : Yale University Fellowship 1969-70 : National Science Foundation Fellowship 1987-88 : Fulbright Visiting Fellowship 1989 Francqui Prize 1995 AGF-ASSUBEL Prize 1997 Einaudi Chair in European Studies, Cornell University 2006 Prix Risques-Les Echos Teaching 1966-1967 : Teaching Assistant, Department of Economics, University of Louvain 1969-1971 : Teaching Assistant, Department of Economics, Yale University 1971-1976 : Assistant Professor, Cornell University 1975- 2008: Full Professor, University of Liège Visiting positions -
Pierre Pestieau Place and Date of Birth : Froidchapelle, Sept.10, 1943 Citizenship : Belgian
Curriculum Vitae Personal Data Name : Pierre Pestieau Place and date of birth : Froidchapelle, Sept.10, 1943 Citizenship : Belgian Home Address Bvd Albert-Elisabeth, 99-4 B - 7000 - Mons - Belgium Home: +3265569426 Cell: +32474852053 Business Address University of Liège - Sart Tilman CORE Université Catholique de Louvain Boulevard du Rectorat, 7 (B 31) Voie du Roman Pays, 34 B – 4000 – Liège – Belgium B – 1348 – Louvain-la -Neuve – Belgium Phone : + 32 4 366 3109 Phone : + 32 10 47 43 07 Fax : + 32 4 366 9318 e-mail : [email protected] Degrees - "Bachelier" (B.A.) in Philosophy, University of Louvain, 1963 - "Licence" (B.A.) in Sociology, Magna cum laude, University of Louvain, 1965 - "Licence et maîtrise" (M.A.) in Economics, Magna cum laude, University of Louvain, 1967 - M. Phil. Yale University, 1970 - Ph.D., Yale University, 1972 Dissertation : Optimal Public Investment and Rates of Discount Scientific Achievements Fellowships and awards 1967-68 : Fellowship from CRB: Belgian-American Educational Foundation, Herbert Hoover Foundation 1968-69 & 1970-71 : Yale University Fellowship 1969-70 : National Science Foundation Fellowship 1987-88 : Fulbright Visiting Fellowship 1989 Francqui Prize 1995 AGF-ASSUBEL Prize 1997 Einaudi Chair in European Studies, Cornell University 2006 Prix Risques-Les Echos 2011 Honorary Degree Uppsala University Teaching 1966-1967 : Teaching Assistant, Department of Economics, University of Louvain 1969-1971 : Teaching Assistant, Department of Economics, Yale University 1971-1976 : Assistant Professor, Cornell -
Europeanisation of Economic Research
ISSN 1018-5593 JÈun'-A^^^ U R O P E A N COMMISSION SCIENCE RESEARCH DEVELOPMENT iiiSüSBI Europeanisation of economic research EUR 17794 EN European Commission Europeanisation of economic research Mogens Dahl and Alan P. Kirman (eds.) with Herbert S. Buscher Keith Cuthbertson Roger Guesnerie Heinz König Stephen Martin Costas Meghir Domenico Mario Nuti Pierre Pestieau Mark P. Taylor Prepared under contract for the European Commission, Directorate-General for Science, Research and Development 'Human capital and mobility' programme March 1996 PÂRL EUROP. m£ N.C. / 1997 CI EUR 17794 EN LEGAL NOTICE Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of the following information A great deal of additional information on the European Union is available on the Internet. It can be accessed through the Europa server (http://europa.eu.int) Cataloguing data can be found at the end of this publication Luxembourg: Office for Official Publications of the European Communities, 1997 ISBN 92-828-0823-8 fJ7~ZZ© Europea n Communitiesf, 1997 "Reproduction is authorized provided the source is acknowledged Printed in Italy , (Printed on white chlorine-free paper t Ï Foreword In deciding to support the present report on the "Europeanisation of economic research" the European Commission sought not only to solicit independent external opinion on the quality of Community funded research in the field of the economic sciences, but also to learn how this research fits into a broader context Clearly, no single report can deal with all aspects of this ambitious theme, and indeed the objective of this work was restricted to certain research fields where grants awarded by Community programmes SPES (Stimulation Plan for Economic Science) HCM (Human Capital and Mobility) and ACE (Action for Co-operation in Economics) have supported co-operation and mobility at European level for research conducted during the first half of the 1990s.