ACTIVITYREPORT2015

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TABLE

FOREWORD..........................................................................................................................................3

PEOPLEATECARES...............................................................................................................................5FELLOWS..................................................................................................................................................................5POST-DOCTORALRESEARCHERS...............................................................................................................................6DOCTORALRESEARCHERS........................................................................................................................................6ASSOCIATEFELLOWS................................................................................................................................................8PPSFELLOWS............................................................................................................................................................8ADMINISTRATIVESTAFF...........................................................................................................................................8

PUBLICATIONS.....................................................................................................................................9BOOKS......................................................................................................................................................................9EDITEDBOOKS..........................................................................................................................................................9CHAPTERSINBOOKS................................................................................................................................................9PUBLICATIONSININTERNATIONALSCIENTIFICJOURNALS(REFEREED)....................................................................10PUBLICATIONSINNATIONALSCIENTIFICJOURNALS(REFEREED)..............................................................................12OTHERPUBLICATIONS(NONREFEREED).....................................................................................................................12WORKINGPAPERS..................................................................................................................................................13

INTERNATIONALSEMINARSANDCONFERENCES(PARTICIPATIONSANDPRESENTATIONS)................17

NATIONALSEMINARSANDCONFERENCES(PARTICIPATIONSANDPRESENTATIONS)..........................25

ORGANIZATIONOFEVENTSBYFELLOWSOFECARES..........................................................................28

RESEARCHPURSUEDABROAD............................................................................................................30

PRIZESANDSCIENTIFICNOTORIETY....................................................................................................32

THEDOCTORALSCHOOL.....................................................................................................................37PHDSAWARDEDIN2015.........................................................................................................................................38ONGOINGTHESES..................................................................................................................................................38

RESEARCHCONTRACTS.......................................................................................................................42

VISITINGPROFESSORSIN2015...........................................................................................................44

SEMINARSORGANIZEDBYECARES.....................................................................................................45INECONOMICS...........................................................................................................................................................45INECONOMETRICSANDSTATISTICS.................................................................................................................................45INSTATISTICS.............................................................................................................................................................46INTERNALSEMINARS....................................................................................................................................................47ENTERSEMINARS......................................................................................................................................................47ECORESSEMINARS....................................................................................................................................................47ULB-UCLSEMINARS...................................................................................................................................................47JOINTNBB–CES,KUL–ECARES,ULB–CORE,UCLSEMINARS....................................................................................48JOINTNBB–CES,KUL–ECARES,ULB–CORE,UCL–UA–UHASSELT–ULG–UMONSSEMINARS..................................48

WHO’SWHOATECARES.....................................................................................................................49

CONTACTS..........................................................................................................................................60

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FOREWORD

InauguratedinNovember1991,ECAREstartedasajointinitiativeoftheInstitutd’Etudeseuropéennes(IEE)attheUniversitélibredeBruxelles(ULB),andoftheCentreforEconomicPolicyResearch(CEPR),anetworkofaround500researchersinEurope.

In the Fall of 1997, ECARE then merged with SOCO faculty’s Centre d’Economie Mathématique etd’Econométrie (CEME), which had been founded at ULB in the 1970’s, with the purpose to fosterinternationalquantitativeresearchineconomicsatULB.

The collaborationwith statisticians fromULB’s Institut de Statistique et de RechercheOpérationnelle(ISRO)wasofficialized in1999bythetransformationofECARE intoECARES, the"EuropeanCentre forAdvanced Research in Economics and Statistics", and in 2006, by the integration of the Institute forResearchinStatistics.Theseinstitutionalchangeshavethusgoneinthesamedirection:strengtheningthe connection between research in economics, econometrics and statistics while keeping ourcommitmenttoexcellenceandinternationalization.

Overtheyears,ECARESresearchershavedevelopedexpertiseinanumberofmajorfieldsofeconomics,inparticular:

- TheevaluationofEuropeanintegrationpoliciesanditsdynamicsof"deepening"and"widening".- Thestructureandbehaviorofbankingandfinancialmarkets.- Thetheoryandempiricsofmacroeconomics,includingitspoliticaleconomycomponent.- Thebehaviorandorganizationoffirmsandmarkets.- Thetheoryandapplicationsofeconometrics.- Thestatisticalanalysisoftimeseriesdata.- Thedevelopmentofnonparametricandrobuststatisticalmethods.- ThetheoryandempiricsofhouseholdbehaviourThis research activity has given ECARES international visibility and reputation. Its members are alsoparticularly active in CEPR, as ResearchDirector, ProgrammeDirectors, Research Fellowsor ResearchAffiliates. Members of ECARES have moreover been serving on the Council and as President of theEuropean EconomicAssociation (EEA), the Council of the Econometric Society and asmember of theEuropean Research Council (ERC). They have organizedmajor international events, such as a NobelSymposium,twoannualmeetingsoftheEEA,andaWorldCongressoftheEconometricSociety.FellowsofECARESaremembersoftheAcadémieRoyaledeBelgiqueandone isForeignHonoraryMemberoftheAmericanAcademyofSciences.

ECAREShasalso receivedasubstantialnumberofEU-financed"TrainingandMobilityofResearchers"grants,participatesinseveralnetworksinthe"ResearchTrainingNetwork"programme,andfourofourfellowshavereceivedERCStartingGrants.

Incloseconnectionwiththis research,ECAREShasdevelopedan importantdoctoralactivity,withthecreationofaDoctoralSchoolthatattractsmanyfirst-classEuropeanandnon-Europeanstudents.Inthisrespect, ECARES (ULB),CORE (UCL)andCES (KUL)havedecided to join forces ina commoncenterofexcellence, ECORES, which integrates the research activities and doctoral programs of all threeinstitutions.

ThisreportpresentstheachievementsofECARESfortheyear2015. Theyweremadepossiblebyourcollaboration with CEPR and the support of our faculty (Solvay Brussels School of Economics andManagement)andULB.Ourgoalforfutureyearsistokeepourcommitmenttoexcellenceinresearchaswellasourmissionofhigh-qualitygraduateeducation.

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Youwillfindinthisreport:

(a)Publicationsandworkingpapers:

- 1book.- 3editedbooks.- 16chaptersinbooks.- 58paperspublishedinnationalorinternationaljournals.- 81workingpapers.

(b)8PhDsawarded.(c)Conferences,workshopsandseminars:

- Morethan140presentationsorparticipationstointernationalconferences.- 46presentationsorparticipationstonationalconferences.- 18 international conferenceswereorganizedby fellowsof ECARES, 6of themwereheld at

ECARES(ECARESalsohosted8COEUREworkshoporganizedbyforeigninstitutions).- 84 seminars were organized: 66 done by researchers from other Belgian and foreign

universitiesand18doneatECARESbyourfellows.(d)Internationalcontacts:

- 35visitsdone in international institutionsas:BostonUniversity,HarvardUniversity, LondonBusiness School, MIT, New York University, Princeton University, Toulouse School ofEconomics,UniversityCollegeLondonandWasedaUniversity,…

- 18researchersvisitedECARES(lengthofvisitsgoingfromoneweektooneyear).(e)Researchcontracts:Severalgrantswereawardedin2015,foratotalof25ongoingcontracts.BramDeRockDirector

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PEOPLEATECARES

FELLOWSGaniALDASHEV(DevelopmentEconomics,EconomicHistory)MarcoBECHT(CorporateandPublicGovernance)LaurentBOUTON(PoliticalEconomy)EstelleCANTILLON(IndustrialOrganization,Microeconomics,especiallyAuctionandMarketDesign)MicaelCASTANHEIRA(Microeconomics,PoliticalEconomics)Michele CINCERA (Competition and Research Policy, Industrial Organization Contracts and Auctions,EuropeanIntegrationandInternationalTrade)PaolaCONCONI(InternationalTrade,PoliticalEconomy,FirmOrganization)ChristineDEMOL(InverseandIll-PosedProblems,RegularizationMethods,WaveletTheory,TimeSeriesAnalysis)BramDEROCK(RevealedPreferenceTheoryandNon-ParametricAnalysisofChoiceBehavior,EfficiencyAnalysis,CollectiveModelofHouseholdBehaviorandFixedPointTheoryonInfra-Nilmanifolds)Griselda DEELSTRA (Interest Rate Models, Economic Theory, Stochastic Optimization, MathematicalFinance,ApplicationsinInsurances)CatherineDEHON(NonparametricandRobustStatistics,Econometrics,AppliedMathematics)MathiasDEWATRIPONT(EconomicTheoryandApplications,TheoryofIncentivesandOrganizations)AntonioESTACHE(PublicEconomics,TheoryofRegulationAppliedtoNetworkIndustries)MarjorieGASSNER(MathematicalAspectsofElectoralSystems)DomenicoGIANNONE(TimeSeriesEconometrics,MonetaryEconomicsandAppliedMacroeconomics)Victor GINSBURGH (Applied General Equilibrium Modelling, Industrial Organization and CulturalEconomics)MarcHALLIN(MathematicalStatistics)Georg KIRCHSTEIGER (Behavioral Economics, Experimental Economics, Game Theory, IndustrialEconomics,PublicEconomics)RobertKOLLMANN(Macroeconomics,InternationalFinance,ComputationalEconomics)Patrick LEGROS (Industrial Organization, Contracts and Auctions, Competition and Research Policy,CorporateandPublicGovernance)GuyMÉLARD (Statistical Analysis of Time Series and Signal Processing,Modelswith Time-DependentCoefficients,Non-LinearModels,InterventionModels)DavyPAINDAVEINE(MathematicalStatistics)MathieuPARENTI(InternationalTrade,IndustrialOrganization)AndréSAPIR(InternationalTradeandEuropeanIntegration)Bruno van POTTELSBERGHE de la POTTERIE (Economics of Innovation and Intellectual Property:Effectiveness of Subsidies, Effectiveness of R&D Tax Credit, Effectiveness of the Patent System,InternationalR&DSpillovers)DavidVEREDAS(FinancialEconometrics,FinancialEconomics,TimeSeriesAnalysis)PhilipVERWIMP (DevelopmentEconomics, Political Economics andCollectiveDecisions, ExperimentalandBehavioralEconomics)PhilippeWEIL(MacroeconomicTheory,GrowthandCycles)

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POST-DOCTORALRESEARCHERSYvesDOMINICY(Econometrics,FinancialEconometrics)HassanFALLAHGOUL(AppliedMathematics,Econometrics,FinancialEconometrics)Manuel GARCIA-SANTANA (European Integration and International Trade Macroeconomic Theory,GrowthandCycles)ChristopheLEY(NonparametricandRobustStatistics)DominikLIEBL(FunctionalDataAnalysis,NonparametricStatistics)MatteoLUCIANI(Econometrics)MarionMERCIER(DevelopmentEconomics,PoliticalEconomicsandCollectiveDecisions)LucaMERLINO(MicroeconomicTheory,AppliedMicroeconomics)Juan Sebastián PEREYRA BARREIRO (Political Economics and Collective Decisions, IndustrialOrganization,ContractsandAuditions)FranciscoPINO(PoliticalEcocomicsandCollectiveDecisions,DevelopmentEconomics)LauraPUCCIO(EuropeanIntegrationandInternationalTrade)GrégoryRAYÉE(PricingModelsforFinancialDerivatives)

DOCTORALRESEARCHERSTommasoAQUILANTE(supervisor:PaolaConconi)NarcissaBALTA(supervisor:PhilippeWeil)StefanBERGHEIMER(supervisor:EstelleCantillon)SalvadorBARTOMEUSANCHEZ(supervisor:AntonioEstache)MichaëlBLANGA-GUBBAY(supervisor:PaolaConconi)AleksandraBOUTIN(supervisors:PatrickLegrosandPatrickRey)LidiaBRUN(supervisor:DomenicoGiannone)EstebanCALLEJASPEREZ(supervisor:RobertKollmann)DanielCAMOSDAURELLA(supervisors:AntonioEstacheandFrançoisBourguignon)AngelaCAPOLONGO(supervisor:PhilippeWeil)AlbertoCARUSO(supervisor:DomenicoGiannone)UmbertoCATTANEO(supervisor:PhilipVerwimp)IsabelleCHARLIER(supervisors:DavyPaindaveineandJéromeSaracco)LiCHEN(supervisor:EstelleCantillon)LorenzoCLEMENTI–onleave–(supervisors:EstelleCantillonandPatrickLegros)AndreaCOLOMBO(supervisor:AntonioEstache)AntonioCONTI(supervisor:DomenicoGiannone)ElisabettaCORNAGO(supervisors:AntonioEstacheandMicaelCastanheira)ChristineCUTTING(supervisor:DavyPaindaveine)LaurentCYRUS(supervisor:DomenicoGiannone)OliviaD’AOUST(supervisors:PhilipVerwimpandBramDeRock)AlessandroDECHIARA(supervisor:PatrickLegros)LuisaDRESSLER(supervisor:EstelleCantillon)AliceDUHAUT(supervisor:MicaelCastanheira)CatherineDUVERGER(supervisor:BrunoVanPottelsberghe)AllaouiELMAATI(supervisor:CatherineDehon)

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JuanEQUIZA(supervisor:RobertKollmann)MatéFODOR(supervisor:PatrickLegros)MarcoGERACI(supervisor:DavidVeredas)MarcoGIANI(supervisor:MichaelCastanheira)NicolasGOTHELF–onleave–(supervisor:EstelleCantillon)AnnaGROCHOWSKA(supervisor:PhilippeWeil)TillmannHEIDELK(supervisor:PhilipVerwimp)MoritzHENNICKE(supervisor:GaniAldashev)ElaINCE(supervisors:NicolasVanZeebroeckandMicheleCincera)BeniKOUEVI-GATH(supervisor:RobertKollmann)FrançoisKOULISCHER(supervisor:EstelleCantillon)NastassiaLESZCYNSKA(supervisor:AntonioEstache)NaLI(supervisor:DavidVeredas)XiaLIU(supervisor:BrunovanPottelsberghe)LucaLIVIO(supervisor:GeorgKirchsteiger)OlivierMÄRZ(supervisor:GeorgKirchsteiger)AliceMcCATHIE–onleave–(supervisor:CatherineDehon)ShogoMIURA(supervisor:DavidVeredas)JuanCarlosMUNOZMORA(supervisor:PhilipVerwimp)RamaLionelNGENZEBUKE(supervisors:BramDeRockandPhilipVerwimp)GillesNISOL(supervisors:SiegfriedHörmannandDavyPaindaveine)ClaudiaPACELLA(supervisor:DavidVeredas)ElisePETIT(supervisor:BrunoVanPottelsberghe)AfrolaPLAKU(supervisors:PaolaConconiandPatrickLegros)CélinePITON(supervisors:AntonioEstacheandFrançoisRycx)TomPOTOMS(supervisor:BramDeRock)JoseaRASOAFARANIAINA(supervisor:DavyPaindaveine)BenjaminRAUSCH(supervisor:PhilippeWeil)LorenzoRICCI(supervisor:DavidVeredas)JoseDanielSALINAS(supervisor:PhilipVerwimp)ClaudioSCHIOPPA(supervisor:DomenicoGiannone)StefanSCHOONBROOD(supervisor:DavidVeredas)MohamedSRAIEB(supervisor:PatrickLegros)ChristianSTAAT(supervisor:PatrickLegros)DenniTOMMASI(supervisor:BramDeRock)LorenzoTRIMARCHI(supervisor:PaolaConconi)LidiaTSYGANOK–onleave–(supervisor:MathiasDewatripont)BurakTURKOGLU(supervisor:BrunoVanPottelsberghe)HarryVANDERELST(supervisor:DavidVeredas)RobertoVENTURINI(supervisor:PaolaConconi)BarnabéWALHEER(supervisor:BramDeRock)AlexanderWOLF(supervisor:BramDeRock)

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ASSOCIATEFELLOWSPhilippeAGHION(HarvardUniversity)MatteoBARIGOZZI(LondonSchoolofEconomics)PatrickBOLTON(ColumbiaBusinessSchool)LaurentBOUTON(GeorgtownUniversity)AndreasCHRISTMANN(UniversitätBayreuth)ChristopheCROUX(KatholiekeUniversiteitLeuven)BenoîtCRUTZEN(ErasmusUniversiteitRotterdam)ThomasDEMUYNCK(KatholiekeUniversiteitLeuven)Jean-JacquesDROESBEKE(ULB)JacquesLAWARRÉE(WashingtonUniversity)MicheleLENZA(EuropeanCentralBank)AndyNEWMAN(BostonUniversity)GaëtanNICODÈME(EuropeanCommission)CarinePEETERS(VlerickBusinessSchool)LucreziaREICHLIN(LondonBusinessSchool)AilsaROËLL(ColumbiaBusinessSchool)GérardROLAND(UniversityofCalifornia,Berkeley)NicolasSAHUGUET(HECMontréal)OlivierSCAILLET(UniversityofGeneva)NicolasVANZEEBROECK(ULB)VincenzoVERARDI(UNamur).CatherineVERMANDELE(ULB)AlexisWALCKIERS(BelgianCompetitionAuthority)QuentinWODON(TheWorldBank)RafaëlWOUTERS(NationalBankofBelgium)LiamWREN-LEWIS(OxfordUniversity)

PPSFELLOWSMichelALLE(SNCBHolding)XavierBOUTIN(EuropeanCommission)EricDEKEULENEER(OCCH)Jean-PierreDELAET(SBS-EM,ULB)PierreFRANCOTTE(PLFInternational)FabienneILZKOVITZ(EuropeanCommission)AlassaneNDIAYE(EcolePolytechnique,ULB)

ADMINISTRATIVESTAFFClaudeADAN(doctoralschoolandseminars),untilNovember2015NancyDEMUNCK(webECARES,seminarsandconferences)PierreJEURISSEN(accounting,researchcontractsandconferences)ChristinaLEMAIRE(doctoralschool),sinceNovember2015

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PUBLICATIONS

BOOKSEstache A., J. Hallak, P. Le Billon, M. Poisson, V. Somville, T. Soreide and T. Vian, Consequences ofCorruptionattheSectorLevelandImplicationsforEconomicDevelopment,OECD,2015.

EDITEDBOOKSAghionP.,M.Dewatripont,P.LegrosandL.Zingales,TheImpactofIncompleteContractsonEconomics,OxfordUniversityPress,forthcoming,2016.GinsburghV.andS.Weber(eds.),ThePalgraveHandbookofEconomicsandLanguage,Basingstoke,UK:Palgrave-MacMillan,forthcoming,2016.Hallin M., D. Mason, D. Pfeifer, and J. Steinebach, Mathematical Statistics and Limit Theorems:FestschriftinHonorofPaulDeheuvels,Springer,2015,vi+326pages.

CHAPTERSINBOOKSBondN.andV.Ginsburgh,"LanguageandEmotions",inV.GinsburghandS.Weber,eds.,ThePalgraveHandbookofEconomicsandLanguage,Basingstoke,UK:Palgrave-MacMillan,forthcoming,2016.CassartD.,M.Hallin,andD.Paindaveine, "OptimalRankTests forSymmetryagainstEdgeworth-TypeAlternatives", inK.NordhausenandS.TaskinenEds,ModernNonparametric,RobustandMultivariateMethods,FestschriftinHonorofHannuOja,Springer,2015,pp109-132.ColomboA.andM.Nava,"IlContributodellaRegolamentazioneFinanziariaallaStabilitàeallaCrescitaEconomica",Lasfidaeuropea.Riforme,crescitaeoccupazione,V.DeLuca,D.Salvatore,FrancoAngeli,2015,pp293-311.Colombo A. and M. Nava, "The Banking Union and Beyond", The New Financial Architecture in theEurozone,F.Allen,E.Carletti,J.Gray,EuropeanUniversityInstitute(EUI),2015,pp25-41.De Mol C., "Sparse Markowitz Portfolios", Financial Signal Processing and Machine Learning, A. N.Akansu,S.R.KulkarniandD.Malioutov,eds.,Wiley,Chapter2,inpress. DeMolC.,E.Gautier,D.Giannone,S.Mullainathan,L.Reichlin,H.vanDijkandJ.Wooldridge,"BigDatainEconomics:EvolutionorRevolution?",EconomicswithoutBorders:EconomicResearch forEuropeanPolicyChallenges, R.Blundell,E.Cantillon,B.Chizzolini,M.Ivaldi,W.Leininger,R.Marimon,L.Matyas,T.Ogden,F.Steen,eds.,Cambridge,Chapter14,toappear. DewatripontM.,"Discussionof‘Contracts,Ownership,andIndustrialOrganisation:pastandFuture’byP. Legros and A. Newman", in The Impact of Incomplete Contracts on Economics, Aghion P., M.Dewatripont,P.Legros&L.Zingales(eds),OxfordUniversityPress,forthcoming,2016.Ginsburgh V. and S.Weber, "How Economists Look at Languages", in S.Mufwene and C. Vigouroux,eds.,Chicago,IL:ChicagoUniversityPress,forthcoming.Ginsburgh V. and S. Weber, "Linguistic Distances and Ethno-Linguistic Fractionalisation andDisenfranchisementIndices",inV.GinsburghandS.Weber,eds.,ThePalgraveHandbookofEconomicsandLanguage,Basingstoke,UK:Palgrave-MacMillan,forthcoming,2016.Ginsburgh V. and S. Weber, "Linguistic Diversity, Standardization and Disenfranchisement.Measurement and Consequences", in M. Gazzola and B.-A. Wickström, eds., The Economics ofLanguagePolicy,Cambridge,MA:MITPress,forthcoming.Ginsburgh V., "Economics of Art and Culture", in J. D.Wright, ed., International Encyclopedia of theSocial&BehavioralSciences,2nded.,vol.2,Oxford:Elsevier,2015.GinsburghV.,"Lalangueaggressée",inI.Pingel,ed.,LeMultilinguismedansl'UnionEuropéenne,Paris:Pedone,2015.

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Ginsburgh V., "Les distances linguistiques et leurs effets sur les comportements économiques", in C.CarrèreetM.Masood,eds.,Langueetéconomie,Paris:Economica,forthcoming,2016.HallinM.,R.vandenAkker,andB.Werker."OnQuadraticExpansionsofLog-likelihoodsandaGeneralAsymptotic Linearity Result", inM.Hallin,D.Mason,D. Pfeifer, and J. Steinebach, Eds,MathematicalStatisticsandLimitTheorems,FestschriftinHonorofPaulDeheuvels,Springer,2015,pp147-166.Paindaveine D. and T. Verdebout, "Optimal Rank-based Tests for the Location Parameter of aRotationallySymmetricDistributionontheHypersphere".MathematicalStatisticsandLimitTheorems:Festschrift inHonorofPaulDeheuvels,M.Hallin,D.Mason,D.Pfeifer,andJ.SteinebachEds,Springer,2015,pp249-270.Sapir A., "EU Trade Policy", Routledge Handbook of the Economics of European Integration, HaraldBadingerandVolkerNitsch(eds.),Routledge(London),2015,pp205-219.

PUBLICATIONSININTERNATIONALSCIENTIFICJOURNALS(refereed)Aghion P., J. Cai,M.Dewatripont, L. Du, A.Harirsson,P. Legros, "Industrial Policy andCompetition",AmericanEconomicJournal:Macroeconomics,Vol.7,No.4,October2015,pp1-32.AlfaroL.,P.Conconi,H.FadingerandA.Newman,"DoPricesDetermineVerticalIntegration?",ReviewofEconomicStudies,forthcoming.AljA.,K.JonassonandG.Mélard,"TheExactGaussianLikelihoodEstimationofTime-DependentVARMAModels",ComputationalStatisticsandDataAnalysis,inpress2015.DOI:10.1016/j.csda.2014.07.006Alós-FerrerC.andG.Kirchsteiger,"LearningandMarketClearing:TheoryandExperiments",EconomicTheory,Vol.60(2),October2015,pp203-241.AragonèsE.,M.Castanheira andM.Giani, "ElectoralCompetition through IssueSelection",AmericanJournalofPoliticalScience,Vol.59,No.1,2015,pp71-90.BarigozziM.andM.Hallin,"GeneralizedDynamicFactorModelsandVolatilities:RecoveringtheMarketVolatilityShocks",EconometricsJournal,toappear.Blundell R., M. Browning, L. Cherchye, I. Crawford, B. De Rock and F. Vermeulen, "Sharp for SARP:Nonparametric Bounds on Counterfactual "emands”, American Economic Journal: Microeconomics 7,2015,pp43-60.Bouton L.,M. Castanheira and A. Llorente-Saguer, "Divided Majority and Information Aggregation:TheoryandExperiment",JournalofPublicEconomics,forthcoming(Acceptedin2015).BoutonL.,M.CastanheiraandA.Llorente-Saguer,"MulticandidateElections:AggregateUncertaintyintheLaboratory",GamesandEconomicBehavior,LedyardSpecialIssue,forthcoming(Acceptedin2015).BrückT.,P.Justino,P.Verwimp,A.AdvenkoandA.Tedesco,"MeasuringViolentConflictinMicro-LevelSurveys: Current Practices andMethodological Challenges",World Bank ResearchObserver, acceptedforpublication,onlineatDOI:10.1093/wbro/lkv011,2015.Cantala D. and J. Pereyra, "Endogenous Budget Constraints in the Assignment Game”, Journal ofDynamicsandGames,Volume2,N°3&4,July&October2015.Charlier I., D. Paindaveine and J. Saracco, "Conditional Quantile Estimation Based on OptimalQuantization:fromTheorytoPractice",ComputationalStatisticsandDataAnalysis,2015,pp20-39.Charlier I., D. Paindaveine and J. Saracco, "Conditional Quantile Estimation through OptimalQuantization",JournalofStatisticalPlanningandInference,2015,pp14-30.Charlier I., D. Paindaveine and J. Saracco, "QuantifQuantile: an R Package for Performing QuantileRegressionthroughOptimalQuantization",TheRJournal,toappear.Cherchye L., B. De Rock and B. Walheer, "Multi-output Efficiency with Good and Bad Outputs".EuropeanJournalofOperationalResearch240,2015,pp872-881.Cherchye L., B. De Rock and F. Vermeulen, "A Simple Identification Strategy for Gary Becker’s TimeAllocationModel",EconomicsLetters137,2015,pp187-190.

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Cherchye L., B. De Rock, A. Lewbel and F. Vermeulen, "Sharing Rule Identification for a GeneralCollectiveConsumptionModel",Econometrica83,2015,pp2001-2041.Cherchye L.,B.DeRock, F. Spieksma,B. SmeuldersandF. TallaNobibon, "ComplexityResults for theWeak Axiom of Revealed Preference for Collective Consumption Models", Journal of MathematicalEconomics58,2015,pp82-91.Cherchye L., T. Demuynck and B. De Rock, "Is Utility Transferable: A Revealed Preference Analysis",TheoreticalEconomics10,2015,pp51-65.Cherchye L., T. Demuynck, B. De Rock and P. Hjertstrand, "Revealed Preference Tests for WeakSeparability:anIntegerProgrammingApproach",JournalofEconometrics186,2015,pp129-141.CleermansA.,V.Ginsburgh,O.KleinandA.Noury,"What'sinaName?TheEffectofanArtist'sNameonAestheticJudgment",EmpiricalStudiesoftheArts,forthcoming.Conconi P. and T. Voon, "EC – Seal Products: The Tension between Public Morals and InternationalTradeAgreements",WorldTradeReview,forthcoming.ConconiP.,A.Sapir andM.Zanardi, "The InternationalizationProcessof Firms: fromExports toFDI",JournalofInternationalEconomics,forthcoming.Conflitti C., C. De Mol, and D. Giannone, "Optimal Combination of Survey Forecasts", InternationalJournalofForecasting,2015,Vol.31,Issue4,pp.1096-1103.Demuynck T., B. De Rock and V. Ginsburgh, "The Transfer Paradox in Welfare Space", Journal ofMathematicalEconomics,forthcoming.Dette H.,M.Hallin, T. Kley, and S. Volgushev, "OfQuantiles, Ranks, and Spectra: an L1 Approach toSpectralAnalysis",Bernoulli21,2015,pp781-831.Dette H.,M.Hallin, T. Kley, and S. Volgushev, "Quantile Spectral Processes: Asymptotic Analysis andInference,Bernoulli,toappear.DominicyY.,P.IlmonenandD.Veredas"MultivariateHillEstimators", InternationalStatisticalReview,2015,forthcoming.DresslerL.,"SupportSchemesforRenewableElectricityintheEuropeanUnion:ProducerStrategiesandCompetition",EnergyEconomics,revisedandresubmitted.Dyckerhoff R.,C. Ley andD. Paindaveine, "Depth-based Runs Tests for Bivariate Central Symmetry",AnnalsoftheInstituteofStatisticalMathematics,toappear.EstacheA.,T.SerebriskyandL.Wren-Lewis,"FinancingInfrastructureinDevelopingCountries",OxfordReviewofEconomicPolicy,2015,31(3-4),pp279-304.Familiar I.,B.Hall,T.Bundervoet,P.VerwimpandJ.Bass,"ExploringPsychologicalDistress inBurundiduring and after the Armed Conflict", accepted for publication inCommunityMental Health Journal,2015.ForniM.,M.Hallin,M.Lippi,andP.Zaffaroni,"DynamicFactorModelswithInfinite-DimensionalFactorSpace:One-sidedRepresentations",JournalofEconometrics185,2015,pp359-371.HallinM., andC.Mehta, "R-estimation forAsymmetric IndependentComponentAnalysis", Journal oftheAmericanStatisticalAssociation110,2015,pp218–232.Hallin M., and M. Siman, "Elliptical Multiple-output Quantile Regression and Convex Optimization",StatisticsandProbabilityLetters109,2015,pp232-237.HallinM.,R.vandenAkker,andB.Werker,"SemiparametricError-CorrectionModelsforCointegrationwith Trends: Pseudo-Gaussian and Optimal Rank-Based Tests of the Cointegration Rank", Journal ofEconometrics,190,2015,pp46-61.Hallin M., S. Hörmann, and L. Kidzinski, "Dynamic Functional Principal Components", Journal of theRoyalStatisticalSociety,SeriesB77,2015,pp319-348.HallinM., Z. Lu,D.Paindaveine, andM. Siman, "LocalBilinearMultiple-OutputQuantileRegression",Bernoulli21,2015,pp1435–1466.

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Honoré F., F.Munari andB. van Pottelsberghe de La Potterie, "CorporateGovernance Practices andCompanies’ R&D Intensity: Evidence from European Countries",Research Policy, Elsevier, vol. 44 (2),2015,pp533-543.Karle H., G. Kirchsteiger, and M. Peitz, "Loss Aversion and Consumption Choice: Theory andExperimental Evidence",American Economic Journal:Microeconomics, Vol. 7 (2),May 2015, pp 101–120.KollmannR.,"ExchangeRateDynamicswithLong-RunRiskandRecursivePreferences",OpenEconomiesReview,2015,Vol.26,pp175-196.KollmannR.,J.in'tVeld,M.Ratto,W.RoegerandL.Vogel,"WhatDrivestheGermanCurrentAccount?AndHowDoesitAffectOtherEUMemberStates?",EconomicPolicy,2015,Vol.40,pp47-93.Kollmann R.,"Tractable Latent State Filtering for Non-Linear DSGE Models Using a Second-OrderApproximationandPruning",ComputationalEconomics,2015,Vol.45,pp239-260.LeyC.andD.Paindaveine,Discussionof“OnFamiliesofDistributionswithShapeParameters",byM.C.Jones,InternationalStatisticalReview,2015,pp202-207.Ley C.,D. Paindaveine and T. Verdebout, "High-dimensional Tests for Spherical Location and SpikedCovariance",JournalofMultivariateAnalysis,2015,pp79-91.Mavroidis P. andA. Sapir, "Dial PTAs for Peace: The Influenceof Preferential TradingAgreementsonLitigationbetweenTradingPartners",JournalofWorldTrade,2015,pp351-372.Mélard G., "On Some Remarks about SEATS Signal Extraction”, SERIEs, in press, DOI10.1007/s13209-015-0137-y,December2015,p46.Paindaveine D. and G. Van Bever, "Nonparametrically Consistent Depth-Based Classifiers", Bernoulli,2015,pp62-82.Paindaveine D. and G. Van Bever, Discussion of "Multivariate Functional Outlier Detection", by M.Hubert,P.RousseeuwandP.Segaert,StatisticalMethodsandApplications,2015,pp223-231.PaindaveineD.andT.Verdebout,"OnHigh-dimensionalSignTests”,Bernoulli,toappear.Smeulders B., L. Cherchye, B. De Rock, F. Spieksma and F. Talla Nobibon, "Transitive Preferences inMulti-MemberHouseholds",EconomicTheoryBulletin3,2015,pp243-254.VeredasD. andM. Luciani, "Estimating and Forecasting LargePanels ofVolatilitieswithApproximateDynamicFactorModels",JournalofForecasting34(3),2015,pp163-173.

PUBLICATIONSINNATIONALSCIENTIFICJOURNALS(refereed)DaxbekV.andA.Estache,"Lataxationdirecteeffectivedel’énergieenBelgique.Pourquoifairesimplesionpeutfairecompliquépourtaxerpeu?"RefletsetPerspectivesdelaVieÉconomique,2015,LIV(1-2),pp47-57.EstacheA.andA.-M.Steichen,"IsBelgiumOvershootinginitsPolicySupporttoCuttheCostofCapitalofRenewableSourcesofEnergy?"(2015),RefletsetPerspectivesdelaVieÉconomique,2015,LIV(1-2)pp33-45.

OTHERPUBLICATIONS(nonrefereed)AlfaroL.,P.Antras,D.ChorandP.Conconi, "MakeorBuyDecisionsoverUpstreamandDownstreamInputs: An Investigation of Firm Boundaries along Value Chains", Voxeu.org, 2015(http://www.voxeu.org/article/firms-organisational-choices-along-value-chains).Conconi P.,D.DeRemer,G.Kirchsteiger,L. Trimarchi andM. Zanardi, "HowPolitics InfluencesWTOEnforcement",Voxeu.org,2015(http://www.voxeu.org/article/politics-influences-wto-enforcement).SimethM. andM.Cincera, "Corporate Science, Innovation and FirmValue", inManagement Science,2015.

13

Veugelers R. and M. Cincera, "How to Turn on the Innovation Growth Machine in Europe",Intereconomics,50(1),2015,pp4-9.

WORKINGPAPERSAljA.,C.LeyandG.Mélard,"AsymptoticPropertiesofQMLEstimatorsforVARMAModelswithTime-DependentCoefficients",ECARES2015-21.Alj A., R. Azrak andG.Mélard, "Technical Appendix to ‘Asymptotic properties ofQML Estimators forTime-dependentVARMAModels,PartsIandII’",workingpaper2015.AldashevG.andG.Mastrobuoni,"InvalidBallotsandElectoralCompetiton",ECARES2015-39.AldashevG.andJ-M.Baland,"AwarenessandAIDS:APoliticalEconomyPerspective",ECARES2015-35.AldavhevG.andG.Zanarone,"EndogenousEnforcementInstitutions",ECARES2015-38.AlfaroL.,P.Antràs,D.ChorandP.Conconi,"InternalizingGlobalValueChains:AFirm-LevelAnalysis",ECARES2015-29(alsoCEPRDiscussionPaper10837andNBERWorkingPaper21582,2015).BallotaL.,G.DeelstraandG.Rayée,"QuantoImpliedCorrelationinaMulti-LévyFramework",ECARES2015-36.BarbieroF.,M.Blanga-GubbayandR.Veugelers,"ManufacturingfirmsinvolvedinGlobalValueChains"BruegelWorkingPaper;KUL-MSIWorkingPaper,2015.Barigozzi M. and M. Hallin, "Generalized Dynamic Factor Models and Volatilities: Estimation andForecasting",ECARES2015-22.BarigozziM.andM.Hallin,"Networks,DynamicFactors,andtheVolatilityAnalysisofHigh-DimensionalFinancialSeries",ECARES2015-34.BirrS.,S.Volgushev,T.Kley,H.DetteandM.Hallin, "QuantileSpectralAnalysis forLocallyStationaryTimeSeries",ECARES2015-27.BoutinA.,"MergersandtheDynamicsofInnovation",ECARES2015-15.BoutonL.andG.Kirchsteiger,"GoodRankingsareBad–WhyReliableRankingscanHurtConsumers",NBERWorkingPaper20417,2015(alsoCEPRDiscussionPaper8702andIEDDiscussionPaper222).Cantillon E. and A. Slechten, "Information Aggregation in the European CarbonMarket: The Role ofParticipation",2015.CantillonE.andP-L.Yin,"CompetitionbetweenExchanges:LessonsfromtheBattleoftheBund",2015.CapéauB.andB.DeRock,"TheImplicationsofHouseholdSizeandChildrenforLife-cycleSaving”,2015,NationalBankofBelgiumworkingpaper286.CarusoA.,"NowcastingMexicanGDP",ECARES2015-40.CarusoA.,L.ReichlinandG.Ricco,"TheLegacyDebtandtheJointPathofPublicDeficitandDebtintheEuroArea",EuropeanCommission,ECFINDiscussionPapers10,2015.ChenL.andJ.S.Pereyra,"Self-SelectioninSchoolChoice",ECARES2015-52.Cherchye L., B. De Rock and F. Vermeulen, "A Simple Identification Strategy for Gary Becker's TimeAllocationModel",ECARES2015-10.Cherchye L.,B.DeRock,A.Estache andM.Verschelde, "EfficiencyMeasures inRegulated Industries:History,OutstandingChallengesandEmergingSolutions",ECARES2015-09CherchyeL., I.Crawford,B.DeRockandF.Vermeulen,"GormanRevisited:NonparametricConditionsforExactLinearAggregation",ECARES2015-45.CherchyeL.,I.Crawford,B.DeRockandF.Vermeulen,"RevealedPreferenceandAggregation",ECARES2015-08.Cherchye L., S.Cosaert, T.DemuynckandB.DeRock, "NoncooperativeHouseholdConsumptionwithCaring",ECARES2015-46.

14

CherchyeL.,T.DemuynckandB.DeRock,"TransitivityofPreferences:WhenDoesitMatter?",ECARES2015-44.Chernozhukov V., A. Galichon,M.Hallin andM.Henry, "Monge-KantorovichDepth,Quantiles, RanksandSigns",ECARES2015-02.CinceraM.,L.DewulfandA.Estache,"HowMuchDoesSpeedMatterintheFixedtoMobileBroadbandSubstitutioninEurope?",ECARES2015-25(alsoiCiteWP2015-012).CinceraM., P.DeClercqandT.Gillet, "OptimalOpenness Level andEconomicPerformanceof Firms:EvidencefromBelgianCISData",iCiteWP2015-014.ConconiP.andT.Voon,"EC-SealProducts:TheTensionbetweenPublicMoralsandInternationalTradeAgreements",ECARES2015-30.Conconi P., D. De Remer, G. Kirchsteiger, L. Trimarchi and M. Zanardi, "Suspiciously Timed TradeDisputes",ECARES2015-16(alsoCEPRDiscussionPaper10582,2015).ConconiP.,M.GarcíaSantana, L.Puccio,andR.Venturini, "FromFinalGoods to Inputs: theCascadeEffectofPreferentialRulesofOrigin",CEPRDiscussionPaper,2015.Conconi P., N. Sahuguet andM. Zanardi, "Electoral Incentives, Term Limits and the Sustainability ofPeace",ECARES2015-33(alsoCEPRDiscussionPaper10873,2015).CuttingC.,D.PaindaveineandT.Verdebout,"TestingUniformityonHigh-DimensionalSpheresagainstContiguousRotationallySymmetricAlternatives",ECARES2015-04.CuttingC.,D.Paindaveine andT.Verdebout, "TestsofConcentration for Low-Dimensional andHigh-DimensionalDirectionalData",ECARES2015-05.DeCeccoS.andA.Estache, "Is theBelgianYouthReady for theReformedPensionSystem?",ECARES2015-28.DeChiaraA.andL.Livio,"TheThreatofCorruptionandtheOptimalSupervisoryTask",ECARES2015-37.DeChiaraA.,"PrecontractualInvestmentandModesofProcurement",ECARES2015-24.DemuynckT.,B.DeRockandV.Ginsburgh,"TheTransferParadoxinWelfareSpace",ECARES2015-01.DominicyY.andH.VanderElst,"Macro-DrivenVaRForecasts:FromveryHightoVeryLow-FrequencyData",ECARES2015-41.DungeyM.,M.Luciani,M.MateiandD.Veredas,"SurfingthroughtheGFC:SystemicRiskinAustralia",ECARES2015-14.EstacheA.andA-S.Steichen,"IsBelgiumOvershootinginitsPolicySupporttoCuttheCostofCapitalofRenewableSourcesofEnergy?",ECARES2015-13.Estache A., "Corruption in Belgium: a Policy Oriented Survey of Facts, Figures and Failures", ECARES2015-06.EstacheA.,T.SerebriskiandL.Wren-Lewis."FinancingInfrastructureinDevelopingCountries",ECARES2015-11.FalisseJ-B.andN.Leszczynska,"ProfessionalIdentity,BriberyandPublicServiceDelivery:EvidencefromaLab-in-the-FieldExperimentinBurundi",ECARES2015-07.Forni M., R. Emilia, M. Hallin, M. Lippi and P. Zaffaroni, "Dynamic Factor Models with Infinite-DimensionalFactorSpace:AsymptoticAnalysis",ECARES2015-23.GarsousG., D. Corderi,M. Velasco andA. Colombo, "Tax Incentives and JobCreation in the TourismIndustryofBrazil",IADBworkingpaperseries,2015.Geraci M. V. and J-Y. Gnabo, "Measuring Interconnectedness between Financial Institutions withBayesianTime-VaryingVARs",ECARES2015-51.GianiM.,J.C.MuñozMoraandP.Verwimp,"DisentanglingTruefromSelf-ReportedAttitude-BehaviorConsistency:aKAPSurveyExperiment",ECARES2015-26.

15

GinsburghV.,"GradingArtandWine",2015.GinsburghV.,J.D.Moreno-Ternero,S.WeberandI.Zang,"RankingLanguages",2015.GinsburghV.,J.MelitzandF.Toubal,"ForeignLanguageLearningandTrade.AnEconometricAnalysis",2015.Hallin M. and M. Siman, "Elliptical Multiple-Output Quantile Regression and Convex Optimization",ECARES2015-47.HeikkiläM.,Y.DominicyandP. Ilmonen,"OnAsymptoticPropertiesof theSeparatingHillEstimator",ECARES2015-49.HeikkiläM.,Y.DominicyandP.Ilmonen,"MultivariateMomentBasedExtremeValueIndexEstimators",ECARES2015-42.KollmannR., "RiskSharing inaWorldEconomywithUncertaintyShocks",ECARES2015-43(alsoCEPRDicussionPaper10940).KollmannR.,B.Pataracchia,R.Raciborski,M.Ratto,W.RoegerandL.Vogel,"ThePost-CrisisSlumpintheEuroAreaandtheUS:EvidencefromanEstimatedThree-RegionDSGEModel",2015.Kollmann R., "Tractable Bayesian Estimation of a Non-Linear DSGE Model with Banks Using Higher-OrderApproximations",2015.LegrosP.andA.Canidio,"TheValueofEntrepreneurialFailures:ExperimentationandCareerConcerns",mimeoECARES,2015.LegrosP.andA.Newman,"AreDivorcementPoliciesPro-Competitive?",CEPRDP10914,2015.LegrosP.andA.Newman,"Integration,Delegation,andManagement",mimeoECARES,2015.LegrosP.andC.Karl,"RegulatingOwnership".LegrosP.andC.Staat,"Let’sCollude:CommunicationorPriceLeadership?".LegrosP.andM.Fodor,"Education,PrivateScreeningandTaskAllocation",mimeoECARES,2015.LegrosP.andM.Sraieb,"MoneyorProjects:HowShouldAltruisticDonorsGiveAid?",ECARES2015-18.LegrosP.andP.Rey,"LicensingtoFinalratherthantoIntermediateGoods".LegrosP.,F.Estevan,T.GallandA.Newman,"CollegeAdmissionandHighSchoolIntegration",2015.LegrosP.,T.GallandA.Newman,"CollegeDiversityandInvestmentIncentives",CEPRDP10337,2015.MarinielloM.,A. Sapir and A. Terzi, "The Long Road towards the European SingleMarket", BruegelWorkingPaper2015/03,2015.MercierM.,R.L.NgenzebukeandP.Verwimp,"AreWeCountingall thePoor?Reportingunder-andOverestimationsintheHeadcounthot!",ECARES2015-31.MercierM.,R.L.NgenzebukeandP.Verwimp,"TheLong-TermEffectsofConflictonWelfare:EvidencefromBurundi",ECARES2015-32(alsoHiCNWP198).Muñoz Mora J. C., J. A. Fortou, S. L. Johansson and J. Giraldo-Ramirez, "This Land is My Land:UnderstandingtheRelationshipbetweenArmedConflictandLand inUrabá,Colombia",ECARES2015-17.Ouakasse A. and G. Mélard, "A New Recursive Estimation Method for Single Input Single OutputModels",workingpaper2015.ParentiM.,"Davidvs.Goliath",ECARES2015-53.SapirA.andG.Wolff,"Euro-AreaGovernance:WhattoReformandHowtoDoIt?",BruegelPolicyBrief2015/01,Bruegel,Brussels,2015.SraiebM.,"AnEmpiricalModelforU.S.ForeignAidAllocation",ECARES2015-48.TommasiD.,"HowCashTransfersImproveChildDevelopment",ECARES2015-19.ToshihiroA.,andC.Ley,"ATractable,ParsimoniousandHighlyFlexibleModelforCylindricalData,withApplications",ECARES2015-20.

16

Vander ElstH. andD.Veredas, "Smoothing ItOut: Empirical and SimulationResults forDisentangledRealizedCovariances",ECARES2015-03.Vander Elst H., "FloGARCH: Realizing Long Memory and Asymmetries in Returns Volatility", ECARES2015-12.Verwimp P. and J.-M.Maystadt, "Forced Displacement in Sub-Saharan Africa: an Economic Inquiry",WorldBankPolicyPaper7515,2015.Verwimp P., "Foreign Fighters in Syria and Iraq and the Socio-Economic Environment they Faced atHome:AComparisonofEuropeanCountries",ECARES2015-50.

17

INTERNATIONAL SEMINARS and CONFERENCES (Participations andPresentations)

LaurentBOUTONPoliticalEconomyPublicFinanceWorkshopNBERSummerInstitute,presentation:GetRidofUnanimity,July2015Boston,USA.WorkshopInformationAggregation,presentation:GetRidofUnanimity,June2015,Bonn,GermanyQuébec Political Economy Conference, presentation: Get Rid of Unanimity, March 2015, MontTremblant,Canada.CornellPoliticalEconomyConference,DiscussionofKrishnaandMorgan2015,April2015,Cornell,USA.EstelleCANTILLONConferenceforthe65thBirthdayofEricMaskin,presentation:InformationAggregationintheEuropeanCarbonMarket,July2015,Boston,USA.AnnualCongressof theEuropeanEconomicAssociation,presentation: InformationAggregation in theEuropeanCarbonMarket,August2015,Mannheim,Germany.AlbertoCARUSO2ndViennaWorkshopforHighDimensionalTimeSeriesinMacroeconomicsandFinance,presentation:NowcastingMexicanGDP,May2015,Vienna,Austria.2nd Conference of the International Association for Applied Econometrics (IAAE 2015), presentation:The Impact of Macroeconomic News on the Euro-dollar Exchange Rate, June 2015, University ofMacedonia,Thessaloniki,Greece.3rdWorkshop in Econometrics and Empirical Economics (WEEE), presentation:Nowcasting MexicanGDP,August2015,BankofItaly,Perugia,Italy.Conference on Debt Overhang, Macroeconomic Adjustment and EMU Economic Governance:Challenges ahead for the Euro Area”, November 2015, European Central Bank, Frankfurt am Main,Germany.MicaelCASTANHEIRAQuébecPoliticalEconomyConference,speaker,March2015,MontTremblant,Canada.4thCIRPÉEPoliticalEconomyconference,discussant,May2015,Montréal,Canada.PrincetonCSDPmini-conferenceonPoliticalEconomyofBureaucrats,MichaelTingpresentingourpaperjointwithHeliosHerrera,May2015,Princeton,USA.Washington PECO, Georgetown University and International Development Bank, May 2015,Georgetown,USA.AndreaCOLOMBOENTERJamboree,April2015,Mannheim,Germany.PaolaCONCONIAmerican Economic AssociationMeeting, presentation: Integration and Decentralization: Theory andEvidence,January2015,Boston,USA.Invitedlecture,presentation:PoliticalEconomyofTradePolicy,February2015,Paris,France.

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ConferenceforHandbookCommercialPolicy,ThePoliticalEconomyofCommercialPolicy(discussionofChapterbyJohnMcLaren),June2015,Dartmouth,USA.AnnualWTOcase lawproject,presentation:EC-SealProducts:TheTensionbetweenPublicMoralsandInternationalTradeAgreements,June2015,EuropeanUniversityInstitute,Florence,Italy.FirmsintheGlobalEconomy,presentation:InternalizingGlobalValueChains:AFirm-LevelAnalysis,June2015,Barcelona,Spain.IESWorkshop, presentation: InternalizingGlobalValueChains:A Firm- LevelAnalysis, June-July 2015,Princeton,USA.NBERITISummerInstitute,presentation: InternalizingGlobalValueChains:AFirm-LevelAnalysis,July2015,Boston,USA.CESifoVeniceSummerWorkshoponTheWTOandEconomicDevelopment,CompulsoryLicensingandPatentProtection:ANorth-SouthPerspective (discussionofpaperbyEricBondandKamal Saggi), July2015,Venice,Italy.Workshopon Political Economy, presentation:TheGreening Effect of Elections,May 2015, Lancaster,UK.InvitedSessiononTradePolicyat theEEAAnnualMeeting,presentation:FromFinalGoods to Inputs:theCascadeEffectofPreferentialRulesofOrigin,August2015,Mannheim,Germany.AnnualETSGMeeting,presentation:InternalizingGlobalValueChains:AFirm-LevelAnalysis,September2015,Paris,France.Panel DataWorkshop on International Trade, presentation:The Internationalization Process of Firms:fromExportstoFDI,October2015,Amsterdam,TheNetherlands.MWIEGMeeting,presentation:InternalizingGlobalValueChains:AFirm-LevelAnalysis,October2015,PennStateUniversity,USA.InvitedSeminar,presentation:InternalizingGlobalValueChains:AFirm-LevelAnalysis,November2015,BolognaUniversity,Italy.InvitedSeminar,presentation:GunsandVotes,November2015,CambridgeUniversity,UK.ChristineDEMOLConferenceonChallengesinInverseProblemsinHonorofP.C.Sabatier80thbirthday,presentation:Alarencontredutempsperdu,May2015,Montpellier,France.AppliedInverseProblemsAIP2015,presentation:FactorModelsforHigh-dimensionalTimeSeries,May2015,Helsinki,Finland.Workshop on Applied Harmonic Analysis and Sparse Approximation, presentation: Forecasting withHigh-dimensionalTimeSeries,August2015,Oberwolfach,GermanyColloque STATEC-Eurostat on Savoir pour Agir: la Statistique Publique au Service des Citoyens,presentation: Données Massives et Statistique en Haute Dimension, October 2015, Luxembourg,Luxembourg.ConferenceonComplexSystemsinTimeSeries,LondonSchoolofEconomics,December2015,London,UK.BramDEROCKRESconference,presentation:NonparametricProductionAnalysis,April2015,Manchester,UK.

19

GriseldaDEELSTRAConferenceonChallengesinDerivativesMarkets:FixedIncomeModeling,ValuationAdjustments,RiskManagement,andRegulation,presentation:ExtractingtheImpliedCorrelationFromQuantoDerivatives,March–April2015,Münich,Germany.LorentzWorkshop onModels and Numerics in Financial Mathematics, presentation:Quanto ImpliedCorrelationinaMulti-LévyFramework,May2015,Leiden,TheNetherlands.MathiasDEWATRIPONTBasel Committee on Banking Supervision Conference, presentation: The Role of Government in theFinancialSystem,January2015,Basel,Switzerland.BanquedeFrance,presentation:MonetaryPolicyinaChangingFinancialLandscape,March2015,Paris,France.University of Oxford, Said Business School, Philippe Wiener Lecture onWhich Protection for BankLiabilities?,June2015,Oxford,UK.4thEBAPolicyResearchWorkshop,presentation:TheBankingCrisesandItsResponses,November2015,London,UK.Northwestern University, Nemmers Prize Conference, participation to the panel on Banking andMacroprudentialRegulation,April2015,Chicago,USA.ECBForumonCentralBanking,Participation to thepanel ‘Markets&Exchanges,Financial&BusinessServices,Macroeconomics,onMay23,2015,Sintra,Portugal.Banking Supervision: Europe in aGlobal Context Conference, European Central Bank, participation tothe panel on The New European Supervision Structure One Year On, November 2015, Frankfurt,Germany.YvesDOMINICY8thInternationalConferenceoftheERCIMWGonComputationalandMethodologicalStatistics(ERCIM2015), presentation: Asymptotic Theory of Elliptical Moment Based Extreme Value Index Estimators,December2015,London,UK.LuisaDRESSLERThe20thAnnualPOWERConferenceonEnergyResearchandPolicy,March2015,BerkeleyCA,USA.InternationalTaxDialogue–TaxandtheEnvironment,July2015,Paris,France.AntonioESTACHEConferenceonContracts,Procurement,andPublic-PrivateArrangements,presentation:OntheUseofEfficiencyMeasureinRegulation,June2015,Paris,France.Conference on Política de Infraestructuras yMétodos de Planificación, presentation:On Planning inTransportPolicy,Septembre2015,Barcelona,Spain.ConferenceonTheEconomicsofEnergyandClimateChange,presentation:CommentsonaBenefit-CostAnalysis of Phasing out Coal in Power Plants and for Household Usage: An Empirical Analysis of theChineseActionPlanAppliedinBeijing,September2015,Toulouse,France.Workshop on Efficiency and ProductivityMeasures in Infrastructure, presentation:On the Rights andWrongofPolicyUsesofInfrastructureEfficiencyMeasures,October2015,Berlin,Germany.

20

MarcoGERACIFinancial Risk and Network Theory, presentation: Measuring Interconnectedness between FinancialInstitutionswithBaysianTime-varyingVectorAutoregressions,September2015,Cambridge,UK.4thPhDStudentConference,discussant,March2015,Paris,France.AnnaGROCHOWSKAPolishDerivativesCongress,December2015,Warsaw,Poland.MarcHALLINInternational Conference on Robust Statistics, presentation: Monge-Kantorovich Depth, Quantiles,RanksandSigns,January2015,IndianStatisticalInstitute,Kolkata,India.Statistics Seminar, presentation: Dynamic Factors and Volatilities, February 2015, Department ofStatistics,TechnischeUniversitätDortmund,Germany.Statistics Seminar, presentation: Dynamic Factors and Volatilities, February 2015, Department ofAppliedMathematics,TechnischeUniversiteitDelft,TheNetherlands.AsymptoticSufficiency,AsymptoticEfficiency,andSemimartingales,presentation:DynamicFactorsandVolatilities,March2015,WasedaUniversity,Tokyo,Japan.MiuraStatisticalSeminar,presentation:Monge-KantorovichDepth,Quantiles,Ranks,andSigns,March2015,Miura,Japan.EconometricsSeminar,presentation:DynamicFactorsandVolatilities,March2015,CentredeRecercaenEconomiaInternacional(CREI)UniversitatPompeuFabra,Barcelona,Spain.Statistics Seminar, presentation:Monge-Kantorovich Ranks and Signs, April 2015, Czech Academy ofSciencesandCharlesUniversity,Prague,CzechRepublic.55eCongrèsdelaSociétéCanadiennedeScienceEconomique,sessioninhonorofJean-MarieDufour,presentation:DynamicFactorsandVolatilities,May2015,Montreal,Canada.WorkshoponNouveauxDéveloppementsdanslaModélisationetlaPrévisiondesRisquesExtrêmesenFinance,presentation:DynamicFactorsandVolatilities,May2015,Marseille,France.WorkshopinStatisticalFinance,presentation:AnIntroductiontoFactorModelMethodsforTimeSeriesAnalysis in High Dimension; Dynamic Factors and Volatilities; Extracting theMarket Volatility Shocks,May2015,SouthwesternUniversityofFinanceandEconomics,Chengdu,Sichuan,China.2ndWorkshoponGoodness-of-fit andChange-pointProblems, Invited speaker,presentation:Monge-Kantorovich Depth, Ranks, and Signs, September 2015, National& KapodistrianUniversity of Athens,Greece.Statistics Seminar, presentation: Monge-Kantorovich Depth, Ranks, and Signs, September 2015,ToulouseSchoolofEconomics,UniversityofToulouseI,France.Seminar, InstitutdeMathématiquedeToulouse,presentation:LocalBilinearMultiple-outputQuantileRegression,September2015,UniversitéPaul-Sabatier,ToulouseIII,France.Economics Seminar, Department of Economics, presentation: Dynamic Factors and Volatilities,November2015,Ca’FoscariUniversityofVenice,Italy.Economics Seminar, Department of Economics, presentation: Dynamic Factors and Volatilities,November2015,UniversityofYork,UK.Conference on Complex Systems in Time Series, presentation: Rank-based Estimation for DynamicLocation-scaleModels,December2015,LondonSchoolofEconomics,London,UK.Conference on New Directions in Quantile Regression, presentation: Elliptical Quantile Regression,December2015,Cambridge-INETInstitute,Cambridge,UK.

21

CFE-ERCIM 2015 Conference, presentation: Validity-robust Semiparametrically Efficient Inference forNonlinearTimeSeriesModels,December2015,UniversityofLondon,UK.CFE-ERCIM 2015 Conference, Special Invited Session on "ModernMultivariate and RobustMethods",presentation:MultivariateRanksandSigns,December2015,UniversityofLondon,UK.TillmannHEIDELKInternationalConferenceofEuropeanists,July2015,Paris,France.C20Summit,September2015,Istanbul,Turkey.MoritzHENNICKEIIPPEConference,presentation:BirdsofaFeather,StrongerTogether?NGOCampaigningNetworks intheEU,September2015,Leeds,UK.INET2015,AnnualConference,OECD,Paris,France.3rdDIALConferenceDevelopmentEconomics,June2015,Paris,France.N.G.O.Conference2015,June2015,Frankfurt,Germany.ADRES,DoctoralConference,December2015,Cergy-Pontoise,France.GeorgKIRCHSTEIGER1stMotivationandSelf-ControlSymposium,presentation:VoluntaryGroupFormationandGiftGivinginGroupDictatorGames,December2015,Cologne,Germany.RobertKOLLMANNNorth AmericanWinterMeetings of the Econometric Society, presentation:WhatDrives theGermanCurrentAccount?AndHowDoesitAffectOtherEUMemberStates?,January2015,Boston,USA.AmericanEconomicAssociationmeetings,presentation:InternationalCapitalFlowsandtheBoom-BustCycleinSpain,January2015,Boston,USA.SheffieldWorkshop inMacroeconomics, presentation: Tractable Bayesian Estimation of a Non-LinearDSGEModelwithBanksUsingHigher-OrderApproximations,June2015,Sheffield,UK.BankofFranceresearchconference,presentation:TractableBayesianEstimationofaNon-LinearDSGEModelwithBanksUsingHigher-OrderApproximations,June2015,France.Society for Economic Dynamics (SED) annual conference, presentation: Exchange Rate and CurrentAccount Dynamics: the Role of Asset Market Structure, Long-Run Risk and Risk Appetite, June 2015,Warsaw,Poland.SecondInternationalMacroeconomicsconference(UniversityofRennesI),presentation:RiskSharinginaWorldEconomywithUncertaintyShocks,December2015,Rennes,France.NorgesBankresearchseminar,presentation:RiskSharinginaWorldEconomywithUncertaintyShocks,December2015,Oslo,Norway.PatrickLEGROSASSAmeetings,presentation:Integration,DelegationandManagementinIndustryEquilibrium,January2015,Boston,USA.NBEROrganizationalEconomicsWorkshop,discussant,April2015,Cambridge,USA.Berlin IO Day, invited speaker, presentation: Managers, Integration and Delegation in IndustryEquilibrium,March2015,Berlin,Germany.ENTERJamboree,facultypresentation,March2015,Mannheim,Germany.

22

NBERworkshopinOrganizationalEconomics,April2015,Cambridge,UK.Workshop on The Digital Single Market in Europe: Implications for the Creation and Diffusion ofAudiovisualandCinematographicContent,co-organizedwithTSE,chairJJLaffont,May2015,Toulouse,France.CEPR-JIEconferenceonappliedIO,paperpresentation,May2015,Frankfurt,Germany.CEPREuropeanWorkshoponEntrepreneurshipEconomics,June2015,Calgiri,Canada.CRESSE conference, presentation:Managers, Integration andDelegation in Industry Equilibrium, June2015,Crete,Greece.CRESSElawyers’week,teaching:classonAbuseofarticle102,June2015,Crete,Greece.Invited seminar at the Cologne University, presentation: Managers, Integration and Delegation inIndustryEquilibrium,April2015,Cologne,Germany.CEPR Incentives Management and Organizations Conference, INSEAD, presentation: Integration,DelegationandManagement,September2015,Fontainebleau,France.Invited seminar at theMannheimUniversity, presentation: Integration,DelegationandManagement,October2015,Mannheim,Germany.Invited seminaronChaireRégulation,UniversitédeDauphine,presentation:AreDivorcementPoliciesPro-competitive?”,October19,Paris,France.Invited seminar at the University of Copenhague, presentation: Integration, Delegation andManagement,October2015,Copenhagen,Danemark.NBERWorkshopinOrganisationalEconomics,December2015,Boston,USA.NastassiaLESZCZYNSKATenth Winter School on Inequality and Social Welfare, presentation: Self-Identity, Bribery andUnfairness:EvidencefromaLab-in-the-fieldExperimentinBurundi,January2015,AlbadiCanazei,Italy.SEAMPaderborn seminar, presentation:Self-Identity, Bribery andUnfairness: Evidence froma Lab-in-the-fieldExperimentinBurundi,January2015,Paderborn,Germany.ENTERexchange seminar– Toulouse Schoolof Economics, presentation:Professional Identity,Briberyand Public Service Delivery: Evidence from a Lab-in-the-field Experiment in Burundi, February 2015,Toulouse,France.Atelier de restitution, presentation: Quelle sensibilisation pour la lutte anti-corruption au Burundi?,March2015,Bujumbura,Burundi.SummerSchool2015inDevelopmentEconomics,presentation:ProfessionalIdentity,BriberyandPublicServiceDelivery:EvidencefromaLab-in-the-fieldExperimentinBurundi,June2015,Garda,Italy.Development Economics lunch seminar, presentation:Professional Identity, Bribery andPublic ServiceDelivery: Evidence from a Lab-in-the-field Experiment in Burundi, September 2015, Wageningen,Netherlands.GuyMÉLARDColloqueFrancophoneInternationald’Enseignementde laStatistique(CFIES'15),presentation:Modèlelinéairegénéraletledogmedelanormalité:unoutil,January2015,Bordeaux,France.47eJournéesdeStatistique,presentation:PropriétésAsymptotiquesdesEstimateurspourdesModèlesVARMAàCoefficientsDépendantduTemps(avecexemples),June2015,Actesdes,Lille,France.2èmes Journées d’Econométrie de la Finance, presentation:Asymptotic Properties ofQMLEstimatorsforVARMAModelswithTimeDependentCoefficients,December2015,Rabat,Moroco.

23

OliverMÄRZAssociationofCompetitionEconomics(ACE)Conference,November2015,Milan,Italy.RamaLionelNGENZEBUKECSAE Annual Conference on Economic Development in Africa, presentation: The Returns of I do:Women’sDecision-makinginAgricultureandProductivityDifferentialsinTanzania.March2015,Oxford,UK.WorldBank-IFPRIConference,presentation:Agriculture inAfrica:TellingFactsfromMyths, June2015,WashingtonDC,USA.DavyPAINDAVEINESeminarforStatistics,AaltoUniversity,presentation:TestingUniformityagainstContiguousRotationallySymmetricAlternativesonHigh-dimensionalSpheres,April2015,Helsinki,Finland.SeminarforEconometricsandStatistics,ToulouseSchoolofEconomics(UniversitéToulouse1Capitole),presentation: Testing Uniformity against Contiguous Rotationally Symmetric Alternatives on High-dimensionalSpheres,April2015,Toulouse,France.47èmes JournéesdeStatistique (annualmeetingof theFrenchStatistical Society),presentation:Testsd’UniformitésurlaSphèreUnitédeGrandeDimension,June2015,Lille,France.EuropeanMeetingofStatisticians,July2015,Amsterdam,TheNetherlands.The Joint Statistical Meetings, presentation:Multiple-output Functional Quantile Regression, August2015,Seattle,USA.Statistics seminar, Bocconi University, presentation: Testing Uniformity on High-dimensional SpheresagainstRotationallySymmetricAlternatives,November2015,Milan,Italy.Statistics seminar, University of Orsay, presentation: Testing Uniformity on High-dimensional SpheresagainstRotationallySymmetricAlternatives,November2015,Paris,France.8th International Conference of the ERCIM WG on Computational and Methodological Statistics(CMStatistics 2015), presentation: Testing for Spherical Location in the Vicinity of the UniformDistribution,December2015,London,UK.JuanSebastianPEREYRABARREIRO16thAnnualConferenceofPublic EconomicTheory,presentation:Self-Selection in SchoolChoice, July2015,Luxembourg,Luxembourg.SeminaratEconomicDepartment-UniversityofUruguay,presentation:Self-SelectioninSchoolChoice,June2015,Montevideo,Uruguay.Seminar at Quantitative Methods Department - Faculty of Economics, presentation: Self-Selection inSchoolChoice,November2015,Montevideo,Uruguay.10thworkshopMatchinginPractice,December2015,Toulouse,France.StefanoSOCCORSIDIWMacroeconometricWorkshop,presentation:MeasuringNonfundamentalness forStructuralVARs,November2015,Berlin,Germany.IWH-CIREQMacroeconometricWorkshop,presentation:MeasuringNonfundamentalnessforStructuralVARs,December2015,Halle(Saale),Germany.Conference "From GARCH and Stochastic Volatility to Realized Volatility and Options", June 2015,Coimbra,Portugal.

24

ChristianSTAAT8thAnnualConferenceonThePoliticalEconomyofInternationalOrganizationsattheHertieSchoolofGovernance,February2015,Berlin,Germany.WorldEconomicForum,January2015,Davos,Switzerland.DenniTOMMASIJamboree Conference, presentation: How Cash Transfers Improve Child Development, March 2015,Mannheim,Germany.CSAEConference,presentation:HowCashTransfers ImproveChildDevelopment,March2015,Oxford,UK.NEUDC Conference, presentation: An Empirical Bayes Method to Estimate Ressource Shares ofHouseholdMembers,October2015,Providence,USA.PhilipVERWIMPHiCN10thannualworkshop,WorldBank,presentation:CapturingViolentConflictinHouseholdSurveys,February2015,WashingtonDC,USA.Paris-Dauphine-DIAL bi-annual conference on Development Economics, presentation: The PoliticalEconomyofSchoolTestScores,July2015,Paris,France.Conference on Globalisation and Development, Georg-August University Göttingen, presentation:ViolentConflict: EconomicsGrowth, InequalityandPovertyDynamics fromaMacro,MesoandMicro-levelPerspective,May2015,Göttingen,Germany.

25

NATIONAL SEMINARS AND CONFERENCES (Participations andPresentations)

AngelaCAPOLONGO3rdWorkshoponEmpiricalMacroeconomics,June2015,Ghent.COEUREworkshoponDevelopmentsinDataandMethodsforEconomicResearch,July2015,Brussels.3rdBelgianMacroeconomicsWorkshop,September2015,Louvain-la-Neuve.11thDynareConference,September2015,Brussels.UmbertoCATTANEOCOEUREworkshoponCompetitionandRegulationinMarketsforGoodsandServices,September2015,Brussels.COEUREworkshoponWelfareandInequality,September2015,Brussels.COEUREworkshoponPopulation,Migration,AgingandHealthSeptember2015,Brussels.COEUREworkshoponHumanCapitalandEducation,October2015,Brussels.PaolaCONCONICOEUREworkshoponTradeandGlobalization,presentation:FromFinalGoods to Inputs: theCascadeEffectofPreferentialRulesofOrigin,June2015,Brussels.InvitedSeminaratDGTrade,presentation:FromFinalGoodstoInputs:theCascadeEffectofPreferentialRulesofOrigin,September2015,Brussels.ChristineDEMOLSolvay workshop on Le Charme Discret de la Symétrie, in honour of Marc Henneaux, March 2015,Brussels.COEUREworkshoponDevelopmentsinDataandMethodsforEconomicResearch,July2015,Brussels.ConferenceonAPaththroughProbabilityinhonourofF.ThomasBruss,September2015,Brussels.3rdIAPStUDySworkshop,April2015,Leuven.FNRSContactgrouponWaveletsandApplications,December2015,Liège.BramDEROCKSeminaratBNB,presentation:SavingBehaviourofBelgianHouseholds,February2015,Brussels.Francqui lectures, presentation: Household Economics and Revealed Preferences, April-May 2015,Namur.ThReDconference,presentation:HouseholdConsumptionwhenMarriageisStable,June2015,Brussels.RETHINKINworkshoponFamilyLaw,presentation:HouseholdEconomics,November2015,Ghent.COEUREworkshop,July2015,Brussels.SeveralworkshopsorganisedbytheMEQINnetwork,Leuven,AntwerpandLouvain-La-NeuveECORESSummerSchoolonMarketPower,May2015,Brussels.INGThinkingGroup.

26

MathiasDEWATRIPONTInstitut des Hautes Etudes de Belgique, presentation: "Quelles leçons tirer de la crise financière enEurope?",October2015,Brussels.MarcoGERACIAutumndoctoralworkshop,presentation:MeasuringInterconnectednessbetweenFinancialInstitutionswithBaysianTime-varyingVectorAutoregressions,October2015,Brussels.5thBelgianNetworkResearchMeeting,presentation:MeasuringInterconnectednessbetweenFinancialInstitutionswithBaysianTime-varyingVectorAutoregressions,September2015,Namur.MarcHALLINA Path through Probability, workshop in honour of F.T. Bruss, invited speaker, presentation: Ranks,Signs,andMeasureTransportation,September2015,Brussels.Statistics Seminar, Institut de Statistique, presentation:Monge-Kantorovich Depth, Ranks, and Signs,November2015,UniversitécatholiquedeLouvain,Louvain-la-Neuve.TillmannHEIDELKEuropeanDevelopmentDays,June2015,Brussels.PatrickLEGROSConferenceDGCompetitiononTheMacroEffectsofCompetitionPolicy,September2015,Brussels.NastassiaLESZCZYNSKAWinter Session of DoctoralWorkshop atUniversity of Namur, presentation:Self-Identity, Bribery andUnfairness:EvidencefromaLab-in-the-fieldExperimentinBurundi’,January2015,Namur.PoResp Summer School on Anti-poverty Policies and Individual Responses, presentation:ProfessionalIdentity,BriberyandPublicServiceDelivery:EvidencefromaLab-in-the-fieldExperimentinBurundi,July2015,Brussels.ECORES2015SummerSchoolonMarketPower,ULB,May2015,Brussels.AnnualThReDconference,ULB,June2015,Brussels.OliverMÄRZCEPS&NERAConferenceinDynamicPlatformCompetitioninDigitalMarkets,Ocotber2015,Brussels.GuyMÉLARDIAP-StUDySWorkshop3,April2015,Leuven.APathThroughProbability,conferenceinhonourofF.ThomasBruss,September2015,Brussels.DavyPAINDAVEINEInstitut des Hautes Etudes de Belgique, presentation: La statistique fait son cinéma: Illustration dequelquesméthodesstatistiquessurdesdonnéescinématographiques,March2015,Brussels.KUL Mathematics colloquium, presentation: Testing Uniformity on High-dimensional Spheres, March2015,Leuven.

27

CongrèsannueldelaSociétéBelgedesProfesseursdeMathématiqued’expressionfrançaise(SBPMef),presentation: La statistique fait son cinéma: Illustration de quelques méthodes statistiques sur desdonnéescinématographiques,August2015,Mons.Apaththroughprobability,conferenceinhonourofF.ThomasBruss,presentation:TestingUniformityonHigh-dimensionalSpheres,September2015,Brussels.MeetingoftheBelgianStatisticalSociety,October2015,Antwerp,Belgium.JuanSebastianPEREYRABARREIROSeminar at Center for Research in Economics, presentation: Self-Selection in School Choice, February2015,UniversitéSaint-Louis,Brussels.10thWorkshoponEconomicDesignandInstitutions,December2015,Brussels.GrégoryRAYÉEActuarialandFinancialMathematicsconference–InterplaybetweenFinanceandInsurance,PalaisdesAcadémies, presentation:Extracting the Implied Correlation FromQuantoDerivatives, February 2015,Brussels.DenniTOMMASISpringMeeting of Young Economists, presentation:How Cash Transfers Improve Child Development,April2015,Gent.PhilipVERWIMPCOEUREconferenceonMigration,September2015,Brussels.COEUREconferenceonHumanCapital,September2015,Brussels.

28

ORGANIZATIONOFEVENTSBYFELLOWSOFECARES

LaurentBOUTONWashingtonPoliticalEconomyConference,May2015,WashingtonDC,USA.Annual Congress of the European Economic Association, Mannheim University, 2015, Mannheim,Germany.EstelleCANTILLONCOEUREWorkshoponR&D,InnovationandGrowth,June2015,Brussels.COEUREworkshoponDevelopmentsinDataandMethodsforEconomicResearch,July2015,Brussels.ChristineDEMOLFNRSContactGroup"WaveletsandApplications",September2015,Liège.MemberoftheScientificCommitteeoftheCOEUREworkshoponDevelopments inDataandMethodsforEconomicResearch,July2015,Brussels.MarcHALLINProgram Committee, New Developments in Econometrics and Time Series, June 2015, Bochum,Germany.30thEuropeanMeetingofStatisticians,(ChairoftheProgramCommittee),July2015,Amsterdam,TheNetherlands.ScientificProgrammeCommittee,CFE2015,UniversityofLondon,December2015,London,UK.InvitedSessionorganizer,CFE-ERCIM2015Conference,UniversityofLondon,December2015,London,UK.TillmannHEIDELKYoungEuropeanCouncil,EuropeanParliamentandtheEuropeanCommitteeoftheRegionsinBrussels,November2015,Brussels,Belgium.GeorgKIRCHSTEIGERECORES Summer School on Market Power, invited speakers: Paul Klemperer, Marc Melitz and ArielPakes,May2015,Brussels.RobertKOLLMANNConferenceonThePost-CrisisSlumpco-organizedbyDGECFIN (EUCommission),EuropeanEconomicReview(EER),IndianaUniversityandECARES,October2015,EuropeanCommission,Brussels.PatrickLEGROSCoorganizationof the conference TheDigital SingleMarket in Europe (organizedby the Jean-JacquesLaffont Chaire at the Toulosue School of Economics and the Institute for Advance Study),May 2015,Brussels.Organization of ThReD (Theoretical Research in Development Economics) Conference, June 2015,Brussels,Belgium.

29

DavyPAINDAVEINEAPaththroughProbability,ECARES(ULB),conference inhonourofF.ThomasBruss,September2015,Brussels,Belgium.DavidVEREDASSoFiE financialeconometricsspringschoolonTheEconometricsofOptionPricing, (withLucBauwens,LeonardoIania,KrisBoudtandChristopheCroux),June2015,Brussels.PhilipVERWIMP10thAnnualConferenceoftheHouseholdsinConflictNetwork,February2015,WashingtonDC,USA.11thAnnualConferenceoftheHouseholdsinConflictNetwork,UniversityofToronto,November2015,Toronto,Canada.

30

RESEARCHPURSUEDABROAD

LaurentBOUTONGeorgetownUniversity,August2015–July2016,NewYork,USA.EstelleCANTILLONHarvardUniversity,January–June2015,Cambridge,MA,USA.MicaelCASTANHEIRANewYorkUniversity,AlessandroLizzeri,September2015–September2016,NewYork,USA.ElisabettaCORNAGOOECD,EmpiricalPolicyAnalysisUnit,EnvironmentDirectorate,September2015(ongoing),Paris,France.OliviaD'AOUSTUniversityofCalifornia,Berkeley,DepartmentofEconomics,August2014–May2015,Berkeley,USA.ChristineDEMOLUniversityofFerrara,ValeriaRuggiero,March2015,Ferrara,Italy.UniversityofGenoa,MarioBertero,March2015,Genoa,Italy.LondonBusinessSchool,LucreziaReichlin,December2015,London,UK.BramDEROCKUniversityCollegeLondon,RichardBlundell,2dailyvisitspermonth,London,UK.OxfordUniversity,IanCrawford,1week,January,Oxford,UK.GriseldaDEELSTRACassBusinessSchool,CityUniversity,LauraBallotta,March–April–May2015,London,UK.MathiasDEWATRIPONTToulouseSchoolofEconomics,JeanTirole,August2015,Toulouse,France.YvesDOMINICYAaltoUniversity,PauliinaIlmonen,September2015,Helsinki,Finland.UniversitédeLorraine,AngeloEfoeviKoudou,November2015,Nancy,France.LuisaDRESSLERUniversityofCaliforniaBerkeley,January–May2015,BerkeleyCA,USA.AntonioESTACHEUniversityCollegeLondon(DPU),1dayaweekbetweenSeptemberandMarch2015,London,UK.OxfordUniversity,January-May2015(onceevery6weeks)(RenaudFoucard),Oxford,UK.

31

UniversitédeLausanne,Departementd’Economie,L.Athias,April2015,Lausanne,Switzerland.UniversitéParis-Sorbonne,StéphaneSaussier,June2015,Paris,France.ParisSchoolofEconomics,FrançoisBourguignon,July2015,Paris,France.UniversitatAutonomadeBarcelona,G.Bel,E.GrifellandF.Trillas,September2015,Barcelone,Spain.Toulouse School of Economics, Emanuelle Auriol and Claude Crampes, September-December 2015,Toulouse,France.DeutschesInstitutfürWirtschaftsforschung,C.vonHirshhausen,October2015,Berlin,Germany.MarcoGERACIUniversityofFordham,October2015,NewYork,USA.GeorgKIRCHSTEIGERUniversityofVienna,June2015,Austria.UniversityofBarcelona,June2015,Spain.UniversityofUlm,January2015,Germany.PatrickLEGROSNortheasternUniversityandBostonUniversity,November-December2015.Boston,USA.NastassiaLESZCZYNSKAUniversity of Paderborn, Lena Epp and Rene Fahr, three one-week visits in January – November –December2015,Paderborn,Germany.JuanCarlosMUNOZMORAPompeuFabraUniversity,EconomicsDepartment,2013-2015,Barcelona,SpainDavyPAINDAVEINEToulouse School of Economics (Université Toulouse I Capitole), three one-week visits in February –March–April2015,Toulouse,France.JuanSebastianPEREYRABARREIROEconomics Department - University of Uruguay, teaching: "Game Theory" course in the Master inEconomics,June2015,Montevideo,Uruguay.QuantitativeMethodsDepartment-FacultyofEconomics,teaching:"IntroductiontoMatchingMarketsandMarketDesign"courseintheMasterinEconomics,November2015,Montevideo,Uruguay.GrégoryRAYÉECassBusinessSchool-CityUniversityLondon,LauraBallotta,March-May2015,London,UK.DenniTOMMASIBostonCollege,ArthurLewbel,July-December2015,Boston,USA.

32

PRIZESandSCIENTIFICNOTORIETY

EstelleCANTILLONEuropeanEconomicAssociation,fellow,2010ULBFoundationPrize,2010BaronAlexandreLamfalussyfellowship,EuropeanCentralBank,2005RichardHodgsonFellow,HarvardBusinessSchool,2002DavidAWellsPrizeforbestPhDdissertationineconomics,HarvardUniversity,2000YoungEconomistAward,EuropeanAssociationforResearchinIndustrialEconomics,2000AssociateEditor,RANDJournalofEconomicsExecutiveCommittee,EuropeanAssociationforResearchinIndustrialEconomics(EARIE)SteeringCommittee,RethinkingBelgium(Re-Belinitiative)ExecutiveCommittee,"MatchinginPractice"researchnetwork(www.matching-in-practice.eu)ElectedCouncilmember (2010- )andelectedat-largecouncilmemberof theExecutiveCommitteeoftheEEA(2014-2016)AdvisoryBoard,WZBBerlin(since2015)Scientificcoordinator(ECARESnode)fortheFP7coordinationandsupportaction"COEURE:CooperationforEuropeanresearchinEconomics"(2013-2016,www.coeure.eu).ResearchFellow,CentreforEconomicPolicyResearch(CEPR)MemberofOXERA’sEconomicsCouncilMicaelCASTANHEIRAOfficierdel’OrdredeLéopoldIIElectedMemberoftheEuropeanPoliticalScienceAssociationCouncilScientific advisor for the InstitutdesComptesNationaux (Observatoiredesprix,BelgianMinistryof theEconomy),since2009ExpertfortheBertelsmannStiftung(2007todate)MemberoftheInstitutBelgedesFinancesPubliques,since2008MemberoftheBoardofEditorsofRefletsetPerspectivesdelavieEconomique,since2005DirectoroftheEuropeanNetworkforTraininginEconomicResearch(ENTER),2006-2011EconomicExpertforSolvayCorporationMemberofCEPRMemberofENTERUmbertoCATTANEOConsultantfortheWorldBankPaolaCONCONIAssociateEditor,Economica(since2015)AssociateEditor,ReviewofInternationalEconomics(since2013)EditorialAdvisor,CanadianJournalofEconomics(since2011)MemberofthePanel,EconomicPolicy(2012-2013)Reviewer,EuropeanScienceFoundation

33

MemberoftheScientificCommittee,MidwestInternationalEconomicsGroup(since2004)MemberoftheScientificCommittee,EuropeanTradeStudyGroup(since2010)Reviewer,EuropeanResearchCouncil(since2014)DirectorofCEPRResearchNetworkonGlobalonValueChains,TradeandDevelopment(since2015)DirectorofEconomicResearch,Institutd'EdutesEuropéennes,ULB(since2009)Organizer,ECARESseminarseriesineconomics(since2013)ResearchFellow,CEPRInternationalTradeandRegionalEconomicsProgram(since2004)AdvisorforpilotstudyonGlobalValueChains,WorldBankOliviaD'AOUSTFulbright,InstituteofInternationalEducation,2014ChristineDEMOLMemberoftheEditorialBoard,NumericalFunctionalAnalysisandOptimizationMember(elected),BelgianNationalCommitteeforTheoreticalandAppliedMechanicsPresident(elected),BelgianNationalCommitteeforRadio-Electricity(U.R.S.I.)ScientificCounciloftheRoyalMeteorologicalInstituteBramDEROCKAssociateEditoroftheInternationalJournalMathematicalSocialSciencesFrancquiChairattheUniversitédeNamurWinnerofthePioneerPriceoftheKULeuvenforscientificallyinnovativeresearchGriseldaDEELSTRAAssociateEditor,EuropeanActuarialJournal(since2010)MathiasDEWATRIPONTFrancquiPrizeonHumanSciences,1998.YrjöJanhssonAward,2003.Fellow&CouncilMemberoftheEconometricSociety.FellowoftheEuropeanEconomicAssociation.MemberoftheScientificCounciloftheToulouseSchoolofEconomics.MemberoftheScientificCounciloftheBarceloneGraduateSchoolofEconomics.MemberoftheAcadémieRoyaledesSciences,desLettresetdesBeaux-ArtsdeBelgique.ForeignHonoraryMember,AmericanAcademyofArts&Sciences.ExecutiveDirectoroftheNationalBankofBelgium,since2011.Vice-Chairman of the International Advisory Board of Solvay Brussels School of Economics &Management,since2014.MemberoftheBaselCommitteeonBankingSupervision,since2011,andCo-ChairoftheResearchTaskForcefromAugust.2013.MemberoftheSupervisoryBoardoftheEuropeanCentralBank,since2014.MemberoftheFinancialStabilityBoardRegionalConsultativeGroupforEurope,since2011.MemberoftheBelgianHighCouncilofFinance,since2012.

34

MemberoftheBoardofDirectors,NationalAccountInstitute,since2012.ChairmanoftheScientificCounciloftheFondationULB.MemberoftheBoard,FondationEmileBernheim.LuisaDRESSLERBRICGrantforVisitingDoctoralResearchers,ULB,2014.AntonioESTACHEAdvisor,OECDAnti-CorruptionGroupAdvisorEBRD,InfrastructureStrategyGroupAdvisor,Inter-AmericanDevelopmentInfrastructureStrategyGroupAdvisor,PPIAF,WorldBank,ExpertAdvisoryPanelExpertWitness,EnglishHouseofCommonsAdvisor,G20InfrastructureCommissionDomenicoGIANNONEAssociateEditor,JournalofAppliedEconometricsAssociateEditor,InternationalJournalofForecastingAssociateEditor,EmpiricalEconomicsAdvisory position at the National Bank of Belgium, European Central Bank, State Bank of Vietnam,CentralBankofAzerbaijanFounder and Director (2011-2014) of Now-Casting Economics Ltd. Aweb based forecasting business,publishinghigh frequencyeconomic forecastingdata fromanautomatedplatform.At thecoreof thebusiness is an advanced statistical model, which was originally designed by two of the founders:DomenicoGiannoneandLucreziaReichlinMarcHALLINEditorinChief,InternationalStatisticalReview,Wiley(2010-2015)EditorinChief,StatisticalInferenceforStochasticProcesses,Springer(2013topresent)AssociateEditor,JournalofEconometrics(2013-2016)AssociateEditor,JournaloftheJapanStatisticalSociety(2008topresent)AssociateEditor,JournaloftheAmericanStatisticalAssociation(2005topresent)AssociateEditor,Annalesdel’InstitutdeStatistiquedel’UniversitédeParis(1989topresent)AssociateEditor,AnnalsofComputationalandFinancialEconometrics(2013–2015)AssociateEditor,Econometrics&Statistics(2015topresent)Evaluator,ERCconsolidatorandfrontierresearchgrants,EuropeanCommissionChair of the IMS (Institute ofMathematical Statistica) Nominating Committee for the period August2014-July2015ElectedMember,CounciloftheInternationalSocietyforNonparametricStatistics,2015topresentTillmannHEIDELKPresident,YoungEuropeanLeadership,AISBL

35

MoritzHENNICKEMemberofNonprofits,Governments&OrganisationsresearchnetworkRobertKOLLMANNAssociateEditor,OpenEconomicReviewAssociateEditor,Economicse-journalMemberofCEPRMemberofCAMA,AustralianNationalUniversityMemberoftheGlobalizationandMonetaryPolicyInstitute,FederalReserveBankofDallasPatrickLEGROSPanelmemberSHS5FNRSMemberofthescientificcommitteeforEARIE2015Editor,JournalofIndustrialEconomicsMember,ScientificCouncilOxeraMember,EuropeanAdvisoryGroupinCompetitionPolicyAssociateEditor,Revued’EconomiePolitiqueExpert,BelgianCompetitionCommissionMemberofCEPRChristopheLEYMarie-JeanneLaurent-DuhamelPrize,SociétéFrançaisedeStatistique,2014ElectedMemberoftheInternationalStatisticalInstitute,InternationalStatisticalInstitute,2014AssociateEditor,Qds-JournalofMethodologicalandAppliedStatisticsSteeringCommitteeofthenewlyfounded(beginning2015)LuxembourgStatisticalSocietyRamaLionelNGENZEBUKEMemberoftheGlobalDevelopmentNetworkMemberoftheAfricanFinancialandEconomicAssociationMemberoftheAssociationofAfricanYoungEconomistsMemberoftheAgri-HubBurundiGuyMÉLARDScientificAdvisorforCoheris,ParisMarionMERCIERResearchAssociate,DIAL,Développement,Institutions,Mondialisation(IRD),FranceResearchAffiliate,IZA,InstitutefortheStudyofLabor,Bonn,GermanyDavyPAINDAVEINECo-Editorinchief,StatisticsandProbabilityLettersAssociateEditor,TheAnnalsofStatistics

36

AssociateEditor,JournalofStatisticalPlanningandInferenceAssociateEditor,ESAIM:ProbabilityandStatisticsAssociateEditor,InternationalStatisticalReviewMemberoftheFRIAjury(inMathematics)MemberofthejuryoftheMarie-JeanneLaurent-DuhamelPrize(FrenchStatisticalSociety)JuanSebastianPEREYRABARREIROMemberofMatching inPractice-EuropeanNetworkforResearchonMatchingPractices inEducationandRelatedMarketsAndréSAPIRMemberoftheEditorialBoard,WorldTradeReviewAssociateEditor,Empirica–JournalofEuropeanEconomicsMemberoftheEditorialAdvisoryBoard,OpenEconomiesReviewandTheWorldEconomyMemberoftheInternationalAdvisoryCouncil,EuropeanPolicyCentre(EPC),Member of the International Advisory Council, Vienna Institute for Comparative Economic Studies(WIIW)MemberoftheInternationalAdvisoryCouncil,CentroStudiLucad’Agliano(Torino)MemberoftheInternationalAdvisoryCouncil,SwedishInstituteforEuropeanPolicyStudies(SIEPS)MemberofEuro-50Group,CentreforEconomicPolicyResearch(CEPR)Advisor,BreugelChairmanof theHigh Level ExpertGroupon the Futureof theBelgian Financial Sector set upby theBelgianMinisterofFinancePhilipVERWIMPCo-editoroftheWorkingPapersseriesoftheHouseholdsinConflictNetwork(www.hicn.org)Co-founder(in2005)andco-director(2005-)oftheHouseholdsinConflictNetwork(www.hicn.org)Expert for theWorldBankFlagship reporton"AcceleratingPovertyReduction inSub-SaharanAfrica",WashingtonDCExpert for the project "Fertility, Health and Conflict", run by PRIO (International Peace ResearchInstitute,Oslo)MemberoftheEvaluationteamofthePhDprogram"GlobalisationandDevelopment"attheUniversityofGöttingen,Germany,April2015

37

THEDOCTORALSCHOOL

TheECARESDoctoralSchooloffersinternationallycompetitive,highqualityPhDprogramsin"EconomicsandStatistics"andin"QuantitativeEconomics."TheoutstandingqualityoftheECARESDoctoralSchoolhasbeen confirmedby recentstudieson thequalityofdoctoral schools ineconomics.Oneof them isbasedon the successof thegraduateson the academicjobmarket. It finds that theECARESDoctoralSchoolisamong thetop ten inEuropeand thethirdbest inContinentalEurope.Upongraduation,ourstudentsfindpositionsinacademia,centralbanksandotherinternationalorganizations,inEuropebutalsointheUSandLatinAmerica(seeourplacementpagefordetails)ThefirsttwoyearsofthePhDprogramsconsistmainlyofcoursework.Duringthefirstyearthestudentstake courses inmacroeconomics, microeconomics, econometrics, and statistics. In the second yearstudentstakefieldcourses,writea firstscientificpaperandattendresearchseminars.Thesefirst twoyears constitute theMaster programs in "QuantitativeEconomics" and in "Economics and Statistics",respectively.Aftercompletingsuccessfullythesecondyearamasterdegreeisgranted.Depending on the performance during the first two years, students are allowed to the thesis-writingphase(doctorat)ofthePhDprograms.Duringthisphase,thestudentsworkontheessaysoftheirPhD-thesis under the supervision of an ECARESmember (co-supervision with professors from otheruniversities are welcome). Typically, the thesis-writing phase will takeanother two to threeyears.Duringthethesis-writingphasethePhDstudentspresenttheirresearchininternalandexternalseminars, participate in workshops and conferences, attend summer and winter schools, and followadvancedfieldcourseswheneverappropriate.Studentswhohavealreadyfinishedanothermasterprogram(of120ECTS)mightgetwaiversforsomeof the courses of the first two years of our program. Possible waivers and the remaining requiredcourseworkisdeterminedonacase-to-casebasis.The strengthsof theECARESdoctoral school are international reknown faculty, theprograms'uniquemix of economics and statistics, the congenial and intellectually stimulating atmosphere, the strongconnectionwiththeinternationalscientificcommunity,thestrongtiestoEuropeanpolicy-making,andtheverystrongplacementrecord.ECARESismemberofECORES,togetherwithCORE(UCL)andCES(KUL).ECORESisacommoncenterofexcellence that integrates theresearchactivitiesanddoctoralprogramsof the three institutions.Asaconsequence,ECARESPhDstudentscanattendPhDcoursesattheothertwoinstitutions.ECARESisalsopartoftheEuropeanDoctoralProgramnetworkENTER.Thisnetworkallowsthestudentsto do part of their PhDat one of our partner universities (University College London, UniversitätMannheim,TilburgUniversity,UniversidadCarlosIIIdeMadrid,UniversitéToulouse1SciencesSociales,Universidad Autónoma de Barcelona, Stockholm School of Economicsand Stockholm University).Students may participate in the ENTER network during the Master and/or during the thesiswritingphase. In the former, students have to spend the entire second year at one of the partneruniversities. In the later, students spend at least 6 months at one of the other universities of thenetwork.FormoreinformationvisittheENTERwebsite.

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PhDsAWARDEDIN2015Tomasso AQUILANTE, Italian, Essays in International Trade and Political Economy, August 2015(Director:PaolaConconi)Daniel CAMOS DAURELLA, Spanish, Essays on Energy Policy for Development, July 2015 (Director:AntonioEstache)(jointsupervisionwithF.BourguignonatPSE)OliviaD’AOUST,Belgian,ImpactofCivilWaronBurundeseHouseholds,January2015(Directors:BramDeRockandPhilipVerwimp)AlessandroDECHIARA,Italian,EssaysinRegulationandOrganizationalEconomics,June2015(Director:PatrickLegros)JuanEQUIZA,Spanish,FiscalPolicyAnalysisofHighlyIndebtedEconomies,June2015(Director:RobertKollmann)MohamedSRAIEB,Belgian,PoliciesforDevelopmentAid,March2015(Director:PatrickLegros)IsabelleCHARLIER,Belgian,OptimalQuantizationAppliedtoConditionalQuantileEstimation,December2015(Director:DavyPaindaveine)(FacutlyofSciences)Harry VANDER ELST, Belgian,Measuring, Modeling and Forecasting Volatility and Correlations fromHigh-FrequencyData,October2015(Directors:DavidVeredasandDavyPaindaveine).

ONGOINGTHESESGaniALDASHEVMoritzHennicke,German,3EssaysinPublicEconomics,2015→LaurentBOUTONBenjamin Solow (Boston University student), American, Aggregate Uncertainty, Framing Effects, andCandidateEntryBenjaminOgden(BostonUniversitystudent),PublicInstitutionunderUncertaintyYaseminSatir(BostonUniversitystudent)EstelleCANTILLONStefanBergheimer,German,EssaysintheEconomicsofClearinghouses,2014→FlorianaBorino,EssaysontheEconomicsofRenewableEnergy,2015→(jointsupervisionwithAntonioEstache)LiChen,Chinese,PreferencesandInformationinMatchingMechanisms,2011→(jointsupervisionwithPatrickLegros)LuisaDressler,German,EssaysintheEconomicsofCarbonReducingEnergyPolicies,2012→FrançoisKoulischer,Belgian,EssaysinFinancialEconomics,2009→MicaelCASTANHEIRAElisabettaCornago,Italian,EssaysontheDistributionalEffectsoftheGreeningofEnergyPolicy,2012→(jointsupervisionwithAntonioEstache)AliceDuhaut,Belgian,ThreeEssaysinEconomicsofHigherEducation,2008→MarcoGiani,Italian,EssaysinPoliticalBehavior,2012→

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MicheleCINCERAPierreDeClercq,Belgian,Regions,InnovationandCompetitiveness,2012→(jointsupervisionwithHenriCapron)Lauriane Dewulf, Belgian, Determinants and Impact of Industry-university Science and TechnologyTransfers,2012→ElaInce,Turkish,CompetitionandResearchPolicy,2013→VirginieMaghe, Belgian,National Innovation Systems and Cluster Policies, 2010→ (joint supervisionwithHenriCapron)PietroMoncadaPaternoCastello, Italian,TheRelationshipBetweenR&DInvestmentandtheProfitsofInnovativeFirms:Dofirms'Age,SizeandSectorsPlayaRole?,2013→Palina Shauchuk, Belarusian, Impact of Business Environment on Firm Performance and InnovationExpendituresinTransitionCountries,2013→PaolaCONCONIMichaelBlanga-Gubbay,Italian,2015→AfrolaPlaku,Albanian,2015→(jointsupervisionwithPatrickLegros)LorenzoTrimarchi,Italian,2013→RobertoVenturini,Italian,EssaysinLawandEconomics2012→BramDEROCKRamaLionelNgenzebuke,Burundese,ApplicationsofCollectiveConsumptionModelsonHouseholds inDevelopingCountries,2012→(jointsupervisionwithPhilipVerwimp)TomPotoms,Belgian,IntertemporalCollectiveModels,2014→DenniTommasi,Italian,HouseholdDecisionsonEducation,2013→BarnabéWalheer,Belgian,Multi-outputEfficiencyAnalysiswithJointInputs,2010→AlexWolf,German,CollectiveModels:EconometricIssues,2012→YvesDOMINICYCorinneSinner,Luxembourgish,ANewLookonStatisticalSizeDistributions,withApplicationsinVariousFields(jointsupervisionwithJulienTruffin(ULB)andChristopheLey(GhentUniversity))2015→AntonioESTACHESalvadorBertomeuSanchez,Spanish,TheEconomicsandFinanceofInfrastructure,2015→LisaBagnoli,Belgian,Essayson theEconomicsandPoliticsofDevelopment, 2015→ (joint supervisionwithGaniAldashev)AndreaColombo,Italian,EssaysontheroleofStatesandInstitutions,2013→ElisabettaCornago,Italian,EssaysontheDistributionalEffectsoftheGreeningofEnergyPolicy,2012→(jointsupervisionwithMicaelCastanheira)CélinePiton,Belgian,EssayontheRegulationofProductandLaborMarkets,2014→(jointsupervisionwithFrançoisRycx)FlorianaBorino,Essayson theEconomicsofRenewableEnergy,2015→(jointsupervisionwithEstelleCantillon)

40

SiegfriedHORMANNGillesNisol,Belgian,2014→(jointsupervisionwithDavyPaindaveine)DomenicoGIANNONEClaudiaPacella,Italian,TheCombinationofMacroeconomicForescasts,2012→GeorgKIRCHSTEIGERNastassia Leszcynska, Belgian, The Economics of Corruption: Identity, Social Capital, and Institutions,2013→LucaLivio,Italian,2011→OliverMärz,German,EssaysinBehavioralEconomics,2014→IoannisZisis,Greek,FacultyofScience,2012→(jointsupervisionwithTomLenaerts)RobertKOLLMANNEstebanCallejas,Colombian,2014→AntonioConti,Italian,Money,Credit,HousingandMonetaryPolicy,2010→LaurentCyrus,French/Swiss,2013→BeniKouevi-Gath,Togolese,2015→ShogoMiura,Japanese,2014→PatrickLEGROSAlexandraBoutin,Polish,2012→LiChen,Chinese,PreferencesandInformationinMatchingMechanisms,2011→(jointsupervisionwithEstelleCantillon)MateFodor,Hungarian,EssaysontheEconomicsofIncompleteInform,2010→AfrolaPlaku,Albanian,2015→(jointsupervisionwithPaolaConconi)ChristianStaat,German,EssaysonIndustrialOrganzationandPoliticalEconomy,2011→DavyPAINDAVEINEChristineCutting,Belgian,NullandNon-nullAsymptoticPropertiesofHigh-dimensionalTests,2014→MarcoGeraci,Italian,EssaysonComplexityinFinancialMarkets,2012JoséaRasoafaraniaina,Madagascan,Preliminary Test Estimation in Locally andAsymptoticallyNormalModels,2014→Lorenzo Ricci, Italian, Essays on Tail Risk in Macroeconomics and Finance: Measurement andForecasting,2011→BrunoVANPOTTELSBERGHECatherineDuverger,Belgian,EssayonIntellectualProperty,2012→XiaLiu,Chinese,2012→ElisePetit,Belgian,2015→BurakTurkoglu,Turkish,FDIandEconomicGrowth,2015→

41

VincenzoVERARDINicolasGothelf,Belgian,EssayinAuctionDesign,2004→PhilipVERWIMPUmbertoCattaneo,Italian,2015→KasiaCieslik,Polish,Micro-EntrepreneursinRuralBurundi:InnovationandContestationattheBottomofthePyramid,→2015(jointsupervisionwithMarekHudon)TillmannHeidelk,German,ReturnstoEducation,2015→JuanCarlosMunozMora,Colombian,EssaysonLandandViolentConflict,2011→RamaLionelNgenzebuke,Burundese,ApplicationsofCollectiveConsumptionModelsonHouseholds inDevelopingCountries,2012→(jointsupervisionBramDeRock)JoseDanielSalinas,Colombian,IdentificationofGroupEffectinIncomeInequalityPatterns,theCaseofColombia:aDevelopingCountrywithInternalConflict,2015→PhilippeWeilNarcissa Balta, Romanian,Expectations FormationMechanisms under Imperfect Information and RealEffectsofMonetaryPolicy,2005→LidiaBrun,Spanish,TowardsaUnifiedTheoryofHouseholdDebtandIncomeInequality,2013→AngelaCapolongo,Italian,InflationandMonetaryPolicyMeasures:aUnifiedFramework,2014→AlbertoCaruso,Itaian,EssaysinAppliedMacroeconomics,2011→Anna Grochowska, Polish, Asset Price Bubbles - Can Elimination of Financial Frictions Restrain theirFormation?TheCaseofthe"CarbonBubble",2015→ClaudiaPacella,Italian,TheCombinationofMacroeconomicForescasts,2013→BenjaminRausch,Belgian,EssaysinMacroeconomics,2010→ClaudioSchioppa,Italian,2012→

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RESEARCHCONTRACTS

LaurentBOUTONPoliticalEconomywithManyParties,ERCStartingGrant,2015-2020.EstelleCANTILLONCOEURE,FP7contracts,2013-2016LearningfromSchoolChoiceData,FNRSPDR,2015-2017BramDEROCKMeasuring Equivalent Incomes: The Implementation of Individual Well-being Measures form BelgianData (MEQIN), with K. Decancq (University of Antwerp), F. Maniquet (UCL) and E. Schokkaert(KULeuven),Belspogrant,2013-2017.Multi-outputProductionwithJointInputs,withL.Cherchye(KULeuven),FWOgrant,2012-2016.Microfinance and Intrahousehold Behavior, with M. Hudon, P. Verwimp and A. Szafarz, FNRS grant,2012-2015.ARevealedPreferenceAnalysisofHouseholdConsumptionModels,ERCstartinggrant,2010-2015.PaolaCONCONIThePoliticalEconomyofTradePolicy,FNRSIncentiveGrantforScientificResearch,2012-2015.DisputeSettlementinTrade(DISSETTLE),MarieCurieRTN,2012-2015.FirmOrganizationintheGlobalEconomy,BNBGrant,2015-2017.ChristineDEMOLHigh-dimensionalDatainEconomicsandFinance,ARCproject("ActiondeRechercheConcertée");withD.GiannoneandR.Kollmann,2010-2015.AntonioESTACHEInfrastructureandInstitutions,DfID,2015-2016.PPIAFKnowledgeProductsEvaluation,WorldBank,2015-2016.InfrastructureResearchEvaluation,DfiD,2015.GeorgKIRCHSTEIGERPreference Dynamics in Adaptive Networks, Grant of the "Fonds de la Recherche FondamentaleCollective"(n°2.4614.12),withT.Lenaerts,2012-2015.Expectation-BasedReference-DependentPreferences,ReferencePointFormation,andConsumerChoice,"Mandatd'Aspirant"ofthe"FondsNationalde laRechercheScientifique"(i.e.PhD-grantforO.März),2015-2019.MoritzHENNICKETravel Stipend by the Volkswagen Foundation to Northern Uganda for participation in Field School,October2015.

43

PatrickLEGROSOrganizationalIndustrialOrganization(OIO),ERCAdvancedGrant,2015-2019.DavyPAINDAVEINEP7/06 Developing Crucial Statistical Methods for Understanding Major Complex Dynamic Systems inNatural, Biomedical and Social Sciences (StUDyS), C. Dehon, C. De Mol, D. Giannone, M. Hallin, S.Hörmann,M.Jansen;BELSPO(IAP),2012-2017Statistical Methods for Complex Static and Dynamic Dependence Models, C. Dehon, S. Hörmann,Communautéfrançaise(ARC),2010-2015GrégoryRAYEEPricingandHedgingDerivatives,promotor:GriseldaDeelstra,co-promotor:DavidVeredas,FNRS,2013-2016.DenniTOMMASIStreetFoodProject,mainscientistinchargeoftheimpactassessmentoftheproject,fundingobtainedfromInnoAid.org,aninternationalNGO,2014-2016.PhilipVERWIMPTraining and Mobility Network in the Economic Analysis of Conflict (TAMNEAC), Marie Curie 7thFrameworkGrant,EU,2012-2015E-portemoneeanditsImplementationattheMunicipalityLevelintheProvinceofLimburg,co-promotorwithMarekHudon,2013-2015Promotor of thePartnershipbetweenULB andUNICEF-Burundi to do research, evaluation andpolicyadviceontheUNICEFprojectsinBurund,2013-2016

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VISITINGPROFESSORSIN2015

PauliinaILMONEN,AaltoUniversity

JavierRUBIOFRANCISCO,WarwickUniversity

AndyNEWMAN,BostonUniversity

MicheleLENZA,EuropeanCentralBank

JulieCHUKWUMA,UNICEF

MatteoBARIGOZZI,LSE

NicolasSAHUGUET,HECMontréal

GeryGEENENS,UniversityofNewSouthWales

FlorianZIEL,EuropeanUniversityViadrina

AndreaCANIDIO,CentralEuropeanUniversityBudapest/INSEAD

Pai-LingYIN,StanfordUniversity

AbdelkamelALJ,UniversityofMeknes

MiroslavSIMAN,AcademyofScienceoftheCzechRepublic

IsraelZANG,TelAvivUniversity

GérardROLAND,BerkeleyUniversity

OlivierSCAILLET,UniversityofGeneva/SwissFinancialInstitute

BenoitCRUTZEN,ErasmusUniversiteitRotterdam

ManuelGARCIA-SANTANA,UniversitatPompeuFabra

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SEMINARSORGANIZEDBYECARES

InEconomicsJohannes BOEHM, SciencesPo Paris, The Impact of Contract Enforcement Costs on Outsourcing andAggregateProductivity.RigasOIKONOMOU,UniversitéCatholiquedeLouvain,GovernmentDebtManagement:TheLongandtheShortofit.StephanKLASEN, University ofGöttingen,The Impact of School Fees on SchoolingOutcomes and theIntergenerationalTransmissionofEducation.JohannesPFEIFER,UniversityofMannheim,DoesAusterityPayOff?.AndrewF.NEWMAN,BostonUniversity,CareerWomenandtheDurabilityofMarriage.MatanTSUR,UniversityofVienna,FinancialContractsandBargaining.SaraFORMAI,Bancad’Italia,BankCreditandFirmExport:IsThereReallyaLink?.Gino GANCIA, CREI, Barcelona Graduate School of Economics, Betting on Exports: Trade andEndogenousHeterogeneity.MarkW.WATSON,PrincetonUniversity,UltraLow-FrequencyEconometrics.MarcoMARIOTTI,QueenMaryUniversityofLondon,StochasticComplementarity.TommasoVALLETTI,ImperialCollegeLondon,LossAversiononthePhone.GianmarioIMPULLITTI,NottinghamUniversity,GlobalizationandStateCapitalism:AssessingVietnam'sAccessiontotheWTO.DavidHEMOUS,UniversityofZürich,TheRiseoftheMachines:Automation,HorizontalInnovationandIncomeInequality.AlexTEYTELBOYM,OxfordUniversity,TradingNetworkswithBilateralContracts.StephaneWOLTON,LondonSchoolofEconomics,RationalIgnorance,Elections,andReform.Alessandro GAVAZZA, London School of Economics,AQuantitative Analysis of the RetailMarket forIllicitDrugs.Bruno JULLIEN, Toulouse School of Economics,DynamicCompetitionwithNetwork Externalities:WhyHistoryMatters.JordiMASSO, Universitat Autonoma de Barcelona,On Strategy-Proofness and the Salience of Single-Peakedness.GregCRAWFORD,ZürichUniversity,EstimationDemandParameterswithChoiceSetMisspecification.DavidDeREMER,HungarianAcademyofScience,SuspiciouslyTimedTradeDisputes.EskilFORSELL,StockholmSchoolofEconomics,UsingPredictionMarketstoEstimatetheReproducibilityinScience-TheManyLabs2Replications.Benoit DECERF, Université Catholique de Louvain, A New Index Combining the Absolute and RelativeAspectsofIncomePoverty:TheoryandApplication.DaveDONALDSON,StanfordUniversity,HowPositiveWasthePositiveCheck?InvestmentandFertilityintheAftermathofthe1918InfluenzainIndia.

InEconometricsandStatisticsAndreas ANASTASIOU, Oxford University, Bounds for the Normal Approximation of the MaximumLikelihoodEstimatorUsingStein’sMethod.FlorianZIEL,Europa-UniversitätViadrina,ModellingandForecastingElectricitySpotPricesUsingLassoMethods.

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Juan-Pablo ORTEGA, Université de Franche-Comté, Reservoir Computing: Optimal NonlinearInformation Processing Capacity, Performance, and Universality. Applications to Stochastic NonlinearTimeSeriesForecasting.AndersBREDAHLKOCK,CREATES,AarhusUniversity,AsymptoticallyHonestConfidenceRegionsforHighDimensionalParametersbytheDesparsifiedConservativeLasso.Francisco JavierRUBIO,UniversityofWarwick,Bayesian Inference inTwo–PieceandSkew–SymmetricDistributionswithJeffreysPriors.AndreaKRAJINA,UniversityofGöttingen,EstimationofSpatialTailDependence.Christiane BAUMEISTER, Bank of Canada, Sign Restrictions, Structural Vector Autoregressions, andUsefulPriorInformation.AaronKIM,StonyBrookUniversity,Long-RangeDependenceintheRisk-NeutralMeasurefortheMarketonLehmanBrothersCollapse.EnkelejdHASHORVA,HECLausanne,RiskAggregation.LucaSALA,UniversitàBocconi,NoisyNewsinBusinessCycles.GaiaBECHERI,DelftUniversityofTechnology,AsymptoticallyUniformlyMostPowerfulUnitRootTestsforPANIC.AndréLUCAS,VUUniversityofAmsterdamandTinbergenInstitute,SpilloverDynamicsforSystemicRiskMeasurementusingSpatialFinancialTimeSeriesModels.TizianoROPELE,BankofItaly,TheMacroeconomicEffectsoftheSovereignDebtCrisisintheEuroArea.Teo SHARIA, Royal Holloway University of London, Stochastic Approximation and On-line EstimationAlgorithms.AlexisDECURNINGE,HuaweiTechnologies,MultivariateL-MomentsBasedonTransports.BasWERKER,TilburgUniversity,SemiparametricallyOptimalHybridRankTestsforUnitRoots.Gabriel FRAHM, Helmut Schmidt Universität, Hamburg, M-Estimation of Location and Scatter withIncompleteandDependentData.Simos MEINTANIS, National and Kabodistrian University, Athens, Goodness-of-Fit Tests forSemiparametricandParametricHypothesesBasedontheProbabilityWeightedCharacteristicFunction.EricGAUTIER,ToulouseSchoolofEconomics,NonparametricEstimationoftheDistributionofRandomCoefficientswhenRegressorsHaveCompactSupport.JérômeSARACCO,InstitutPolytechniquedeBordeaux,AboutSlicedInverseRegression.

InStatisticsCarolineUHLER,IST,Austria,ParameterEstimationforLinearGaussianCovarianceModels.Cristian PREDA, Lille 1, The Distribution of the Scan Statistics Viewed as Maximum of 1-dependentStationarySequences.BrunoEBNER,KIT,Karlsruhe,NewGoodness-of-fitTestsforPoissonPointProcessesBasedonMinkowskiFunctionals.Matthew REIMHERR, Penn State University, Estimating Variance Components in Functional LinearModels.NicolasVERZELEN,Montpellier,DetectingaCommunityinRandomNetworks.ShahinTAVAKOLI,CambridgeUniversity,DynamicsofDNAMinicirclesinMotionviaFourierAnalysisofFunctionalTimeSeries.EduardoGARCIA-PORTUGUES, Department ofMathematical Sciences and The Bioinformatics Centre,UniversityofCopenhagen,KernelDensityEstimationwithDirectionalDataunderRotationalSymmetry.

47

InternalSeminarsMatéFODOR,ECARES,Education,TaskAllocationandICTCapital.LucaMERLINO,ECARES,PublicGoodsinEndogenousNetworks.ThomasBRUSS,ULB,MathematicsDept.,ModellingHumanSocietiesandtheTheoremofEnvelopment.BramDEROCK,ECARES,HouseholdConsumptionwhentheMarriageIsStable.Marco Valerio GERACI, ECARES, Measuring Connectedness in Financial Networks: A Time-VaryingParameterApproach.MatéFODOR,ECARES,(Non-Elderly)HealthInsuranceCoverage,MoralHazardandCrime.TommasoAQUILANTE,ECARES,IncumbentsandEntrantsonCriminalMarkets.Alex WOLF, ECARES, When Identification Is not Enough: Trade-Off Potential in the Estimation of aCollectiveModel.LiCHEN,ECARES,TimingofPreferenceSubmissions:AMarketDesignApproach.LucaLIVIO,ECARES,FriendsorRivals?OptimalIncentiveContractsforReciprocalAgents.RobertoVENTURINI,ECARES,HeterogeneousCartelsandAntitrustCooperation.NarcissaBALTA,ECARESandEuropeanCommission,UncertaintyandEconomicActivityintheEuroArea:EvidencefromtheEUBusinessandConsumerSurveys.Elisabetta CORNAGO, ECARES Energy Performance Certification and Housing Rents: Can CertificatesHelptoOvercomeSplitIncentives?.DenniTOMMASI,ECARES,HouseholdResponsestoCashTransfers.

ENTERSeminarsGuillemPONS-RABAT,UAB,PrivateDebtandGDPDynamicsBeforeandAftertheGreatRecession,(JointwithJuanCarlosConesa).Dong-Hee JOE, Toulouse School of Economics, Does High Voter Turnout Discipline Elected Officials?TheoryandEvidence.SebastianPANTHÖFER,UniversidadCarlosIIIMadrid,RiskSelectionunderPublicHealthInsurancewithOpt-out.AdrianPINO,UAB,LifeCycleUnemploymentandRetirement.

ECORESSeminarsClaude d'ASPREMONT, CORE, Oligopolistic vs. Monopolistic Competition: Do Intersectoral EffectsMatter?.MathiasDEWATRIPONT,ECARES,WhichProtectionforBankLiabilities?.VictorGINSBURGH,ECARES,ForeignLanguageLearning:anEconometricAnalysis.MarcoBECHT,ECARES,DoesMandatoryShareholderVotingPreventBadAcquisitions?.JanDELOECKER,KULeuven,EstimatingMarketPower.EvidencefromtheUSBeerIndustry.Anthony PAPAVASILIOU, CORE, Study on the Remuneration of Capacity in Conditions of Scarcity inBelgium.

ULB-UCLSeminarsMarcHALLIN,ECARES,Monge-KantorovichRanksandSigns.Ywei ZHAO, Université catholique de Louvain, The Integrated Periodogram of a Dependent ExtremalEventSequence.

48

JointNBB–CES,KUL–ECARES,ULB–CORE,UCLSeminarsMarkWATSON,PrincetonUniversity,CoreandTrendInflation.EricLEEPER,IndianaUniversity,ClearingUptheFiscalMultiplierMorass.GiselaRUA,FederalReserveSystem, InflationExpectationsandRecoveryfromtheDepressionin1933:EvidencefromtheNarrativeRecord.

JointNBB–CES,KUL–ECARES,ULB–CORE,UCL–UA–UHasselt–ULg–UMonsSeminarsAndrei LEVSHENKO, University of Michigan, Multinational Firms and International Business CycleTransmission.Peter DEBAERE, University of Virginia, Outsourcing vs. Integration in the Mutual Fund Industry: anIncompleteContractingPerspective.Thomas ZWICK, University ofWürzburg,Work-Related Ability as Source of Innovation Advantages ofTrainingEmployers.KalinaMANOVA,StanfordUniversity,ManagingTrade:EvidencefromChinaandtheUS.Dave DONALDSON,Stanford University, Nonparametric Counterfactual Predictions in NeoclassicalModelsofInternationalTrade.

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Who’swhoatECARESGaniALDASHEVis Professor of Economics at theUniversité libre de Bruxelles, amember of the European Center forAdvanced Research in Economics and Statistics (ECARES) and research affiliate of the Centre forResearch in the Economics of Development (CRED) at the University of Namur. He received B.A. inInternational Economics from theAmericanUniversityof Paris, andM.A. andPhD in Economics fromBocconi University (Milan). His main research interests are in development economics, politicaleconomics,andeconomichistory.Selected works: "When NGOs Go Global: Competition on International Markets for DevelopmentDonations" (with T. Verdier), Journal of International Economics, 2009, 79(2): 198-210; "GoodwillBazaar: NGO Competition and Giving to Development" (with T. Verdier), Journal of DevelopmentEconomics,2010,91(1):48-63;"PoliticalInformationAcquisitionforSocialExchange",QuarterlyJournalofPoliticalScience,2010,5(1):1-25(leadarticle);"LegalReforminthePresenceofaLivingCustom:AnEconomic Approach" (with J-Ph Platteau and Z. Wahhaj), Proceedings of the National Academy ofSciences of theUnited States, 2011, 108(S4): 21320-21325; "Follies Subdued: Informational EfficiencyunderAdaptiveExpectationsandConfirmatoryBias"(withT.CarlettiandS.Righi),JournalofEconomicBehavior & Organization, 2011, 80(1): 110-121; "Using the Law to Change the Custom" (with J-PhPlatteau,I.Chaara,andZ.Wahhaj),JournalofDevelopmentEconomics,2012,97(2):182–200;"ModernLawasaMagnet toReformUnfairCustoms" (with J-PhPlatteau, I.Chaara,andZ.Wahhaj),EconomicDevelopment and Cultural Change, 2012, 60(4): 795-828; "Deadly anchor: Gender bias under RussiancolonizationofKazakhstan"(withC.Guirkinger),ExplorationsinEconomicHistory,2012,49(4):399-422;"Religion,Culture, andDevelopment" (with J.-Ph.Platteau), inHandbookof theEconomicsofArtandCulture, vol.2, eds. V. Ginsburgh and D. Throsby, Elsevier, 2014, pp. 587-631; "Brothers in Alms?Coordination betweenNonprofits onMarkets for Charitable Giving" (withM.Marini and T. Verdier),JournalofPublicEconomics,2014,117(1):182-200;"WatchdogsoftheInvisibleHand:NGOMonitoringand Industry Equilibrium" (with T. Verdier andM. Limardi), Journal ofDevelopment Economics, 2015,116(1):28–42;"VoterTurnoutandPoliticalRents",JournalofPublicEconomicTheory(SpecialIssueonGovernanceandPoliticalEconomy),2015,17(4):528-552;"AssignmentProcedureBiasesinRandomizedPolicy Experiments" (with G. Kirchsteiger and A. Sebald), Economic Journal, forthcoming; "Clans andPloughs: Traditional institutions and the production decisions of Kazakhs under Russian colonization"(withC.Guirkinger),JournalofEconomicHistory,forthcoming.MarcoBECHTteachesmaster courses on corporate governance, corporate restructuring, financial systems and theeconomicanalysisoflawattheULB.In2003and2012,hewasVisitingProfessorandFellowattheSaïdBusinessSchool,UniversityofOxford,in2008MaxSchmidheinyVisitingProfessorforEntrepreneurshipand Risk at the University of St. Gallen and in 2011 Visiting Professor at Stanford Law School and aVisitingFellowattheRockCenterforCorporateGovernance.Hisresearchcurrentlyfocusesonlawandfinance,withparticularemphasisoncorporategovernance.Marco is a Founder Member, a Fellow and the Executive Director of the European CorporateGovernanceInstitute(www.ecgi.org),aninternationalnon-profitscientificassociationthathasclosetieswiththeGoldschmidtChairattheSolvayBrusselsSchool.Beyond his core academic activities Marco is a member of the Belgian Corporate GovernanceCommission,theGroupofFinancialMarketLawExpertsoftheGermanMinistryofFinanceandaSeniorAdvisertoOxera,theEconomicConsultancy.Selectedworks:"WhyBankGovernanceisDifferent",(withP.Bolton,A.Röell,etal.),OxfordReviewofEconomic Policy, 27(3), 1, 437-463, 2011; "Return to Shareholder Activism: Evidence from a ClinicalStudyoftheHermesU.K.Focusfund",(withJ.R.Franks,C.MayerandS.Rossi),TheReviewofFinancialStudies,2008;"Wheredofirms incorporate?:DeregulationandtheCostofEntry", (withC.MayerandH.F.Wagner), Journal of Corporate Finance, 14(3), 241-256, 2008; "Corporate Law and Governance",

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(withP.BoltonandA.Röell),inA.M.PolinskyandS.Shavell(Eds.),HandbookofLawandEconomics(pp.829-943).Amsterdam:North-Holland,2007;"WhyhasThereBeensoLittleBlockholding intheUnitedStates?"(withJ.B.Delong), inR.Morck(Ed.),TheHistoryofCorporateGovernancearoundtheWorld:FamilyBusinessGroups toProfessionalManagers (pp. 613-666), ChicagoUniversity Press, 2005; "TheControlofCorporateEurope"(withF.Barca),Oxford:OxfordUniversityPress,2001.LaurentBOUTONholds a PhD in Economics (Université libre de Bruxelles, ECARES, 2009).Hismain research interest ispolitical economy. The main objective of his research is to advance our comprehension of politicalinstitutionsaroundtheworldthroughabetterunderstandingofcollectivedecision-making.Hisresearchmixestheoryandempiricalanalysisbasedonbothlaboratoryexperimentsandobservationaldata.Selected works: "One Person, Many Votes: Divided Majority and Information Aggregation" (with M.Castanheira),Econometrica,80 (1),2012;"ATheoryofStrategicVoting inRunoffElections",AmericanEconomic Review, 103 (4), 2013, pp. 1248-1288; "Majority Runoff Elections: Strategic Voting andDuverger's Hypothesis" (with G. Gratton), Theoretical Economics, 10 (2), 2015, pp. 283-314 ;"Multicandidate Elections: Aggregate Uncertainty in the Laboratory" (with M. Castanheira and A.Llorente-Saguer),GamesandEconomicBehavior,LedyardSpecialIssue,forthcoming.;"DividedMajorityand InformationAggregation: Theory andExperiment" (withM.Castanheira, andA. Llorente-Saguer),JournalofPublicEconomics,forthcoming.EstelleCANTILLONisaFNRSseniorresearchassociateattheSBS-EMwheresheteachesenvironmentaleconomics intheMA programmes and advises doctoral students in market design, industrial organisation, andenvironmental economics. Her research lies at the boundary between market design and industrialorganization.Shehaspublishedonauctions,procurementandcompetitioninthefinancialindustry.Hercurrent researchspans school choice, competition in the financial industryandenvironmentalmarketdesign.Estelle is anelectedmemberof theCouncil of theEuropeanEconomicAssociation, amemberof theexecutive committee of the European Association for Research in Industrial Economics, an AssociateEditorattheRandJournalofEconomics,amemberoftheEconomicsCouncilofOXERA,aconsultancy,andamemberofthesteeringcommitteeofRe-Bel(RethinkingBelgium)andamemberofthescientificcommittee of the Belgian Energy Observatory. She has recently launched the multidisciplinaryEuropean-wideresearchnetwork,"Matching inPractice",whosegoal istofosterdevelopmentsattheinterface between theory, empirics, experiments andpolicy on admissionprocedures in education aswellasentry-labormarkets.EstelleholdsaPhDinEconomicsfromHarvardUniversity(DavidA.WellsPrizeforbestdissertation inEconomics) and has held prior appointments at Yale University and Harvard Business School beforejoining the faculty at the Solvay Brussels School in 2004. In 2008, she received one of the covetedstartinggrantsfromtheEuropeanResearchCouncil.Selectedworks: "TheMulti-UnitAssignement Problem: Theory and Evidence fromCourseAllocation",(withE.Budish),AmericanEconomicReview,August2012,102(5),2237-71;"ProcurementwhenPriceand Quality Matter", (with J. Asker), Rand Journal of Economics, Spring 2010 1-34; "The Effect ofBidders’AsymmetriesonExpectedRevenueinAuctions,GamesandEconomicBehavior",62(2008),1-25; "Properties of Scoring Auctions", (with J. Asker),Rand Journal of Economics, 39 (1), 2008, 69-85;"InvestmentIncentivesinProcurementAuctions",(withL.Arozamena),ReviewofEconomicStudies,71(1),January2004,1-18.MicaelCASTANHEIRAholdsaPhDinEconomicsfromULB(1998).Hespenttwoyears(1997-1999)atIGIER(BocconiUniversity)as a TMR post-doctoral fellow and is now "Maître de Recherche" at the FNRS. His main focuses ofresearcharepoliticaleconomics(votingandpartytheory),transition,andinformationmanagement inorganizations. Work currently in progress comprises experimental and theoretical research on the

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electoralsystems'differingcapacitytoaggregateinformation,theresearchonthepoliticaleconomicsoftaxreforms,andonhowpoliticalinstitutionsinfluencethepoliticalparties'decisionstoselectionissuesonwhichtoadvancereform.HeteachesIntroductoryMicroeconomicsandPoliticalEconomicsatULB,and taught introductory economics, industrial organization,macroeconomics, and graduatemonetarytheory.Selected works:"Electoral Competition through Issue Selection" (withE.Aragonès and M. Giani)AmericanJournalofPoliticalScience,January2015:71-90;"OnePerson,ManyVotes:DividedMajorityand Information Aggregation", (with L. Bouton), Econometrica, vol. 80(1), pp. 43-87, 2012; "On thePolitical Economics of Tax Reforms: Survey and Empirical Assessment" (with G. Nicodème and P.Profeta), International Tax and Public Finance, Vol 19(4), pp598-624, 2012; "Party Organization andElectoralCompetition"(withB.CrutzenandN.Sahuguet),JournalofLaw,Economics,andOrganization,Vol 26(1): 212-242, 2010; "Informationand Strategic Political Polarization",Economic Journal, (with J.Carrillo),118,pp.845-874,2008;"ReformswithoutPrejudices",OxfordUniversityPress,(withT.Boeri,R.FainiandV.Galasso);"WhyVoteforLosers?",JournaloftheEuropeanEconomicAssociation,2003.MicheleCINCERAhas taughtatULBsince2001 (AssociateProfessor).HeholdsaPhD fromUniversité libredeBruxelles(1998). In 2009-2010 he was a Scientist visitor of the European Commission, Joint Research Centre,Institute forProspectiveTechnical Studies inKnowledge forGrowthUnit.His research focuseson theeconomicsofR&Dandinnovation.Selected works: "Young Leading Innovators and the EU’s R&D Intensity Gap", (with R. Veugelers),EconomicsofInnovationandNewTechnology,22(2):177-198,2013;"Déterminantsdesoppositionsdebrevets: une analyse micro-économique au niveau belge", Revue Economique, 62(1): 87-99, 2011;"GeographicandTechnologicalR&DSpilloverswithintheTriad:MicroEvidencefromUSPatents",(withL. Aldieri), Journal of Technology Transfer, 34(2): 196-211, 2009; "Efficiency of public spending insupportofR&Dactivities", (withD.CzarnitzkiandS.Thorwarth),EuropeanEconomyEconomicPapers#376,EuropeanCommission,DirectorateGeneralforEconomicandFinancialAffairs,2009.PaolaCONCONIis Professor of Economics at theUniversité libre de Bruxelles. She received a B.A. in Political Sciencefrom the University of Bologna, a M.A. in International Relations from the School of AdvancedInternational Studies (SAIS) of Johns Hopkins University, a M.Sc. and a PhD in Economics from theUniversityofWarwick.Hermainresearchinterestsareininternationaltradeandpoliticaleconomy.Selectedworks: "Fast Track Authority and International TradeNegotiations" (withG. Facchini andM.Zanardi), American Economic Journal: Economic Policy. 4, 146-89, 2012; "Trade Liberalization andOrganizational Change" (with P. Legros andA.Newman), Journal of International Economics 86, 197-208,2012;"ReciprocalversusUnilateralTradeConcessionsforDevelopingCountries"(withC.Perroni),Canadian Journal of Economics 45, 613-631, 2012; "Special and Differential Treatment of DevelopingCountriesintheGATT/WTO"(withC.Perroni),inB.HoeckmanandJ.Francois(eds),Re-EngineeringtheMultilateralTradingSystem;"EC–ITProducts"(withR.Howse),WorldTradeReview11(2012),223-255,forthcoming.CatherineDEHONholds a PhD in Sciences (Statistics) from the Université libre de Bruxelles, 2001. She is Professor ofStatistics and Econometrics at the Faculty SBS-EM, ULB and Vice-Rector of the Université libre deBruxelles.Hermainresearchfieldsarerobuststatistics,econometrics,andeconomyofeducation.Selectedworks: "TheRobustnessof theHyperbolicEfficiencyEstimator", (withC.BruffaertsandB.DeRock),ComputationalStatisticsandDataAnalysis,2012;"ExtendingtheHausmanTesttoCheckforthePresenceofOutliers", (withM.GassnerandV.Verardi),Advances inEconometrics,2012;"UncoveringtheFactorsofExcellencebehindAcademicRankings",(withA.McCathieandV.Verardi),Scientometrics,2010; "On the Optimality of Multivariate S-estimators", (with C. Croux and A. Yadine), ScandinavianJournalofStatistics,2001.

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ChristineDEMOLholdsaPhDinPhysics(1979)andahabilitationdegreeinMathematicalPhysics(1992)fromULB.Since1975, she has held several research positions with the Belgian National Fund for Scientific Research(FNRS)thatsheleftin1998asaHonoraryResearchDirectortobecomeafull-timeProfessoratULB.Shehasheldseveralvisitingpositions(UniversitiesofLondon,Rome,Montpellier,Paris-Sud,Genoa)andiscurrentlyChairoftheSIAMActivityGrouponImagingScience.Her research interests in applied mathematics include inverse problems, sparsity-enforcingregularizationtheory,waveletsandapplications,learningtheory,analysisandforecastingoftimeseries,portfoliotheory.Selectedworks:"SparseandStableMarkowitzPortfolios"(withJ.Brodie,I.Daubechies,D.GiannoneandI.Loris),Proc.NatlAcad.Sci.USA106:pp.12267-12272,2009;"Elastic-NetRegularization inLearningTheory" (with E. De Vito and L. Rosasco), Journal of Complexity 25: pp. 201-230, 2009; "ForecastingUsingaLargeNumberofPredictors:isBayesianShrinkageaValidAlternativetoPrincipalComponents?"(with D. Giannone and L. Reichlin), Journal of Econometrics 146: pp. 318-328, 2008; "An IterativeThresholdingAlgorithmforLinearInverseProblemswithaSparsityConstraint"(withI.DaubechiesandM.Defrise),CommunicationsonPureandAppliedMathematics57:pp.1416-57,2004.BramDEROCKholdsaPhD inMathematics (KULeuven,2006)andaPhD inEconomics (KULeuven,2007).He teachesadvanced mathematics courses to students in economics at SBS-EM. His research interests arehousehold consumer behavior, revealed preference theory and nonparametric production andefficiencyanalysis.Selectedworks:"TheCollectiveModelofHouseholdConsumption:aNonparametricCharacterization",(with L. Cherchye and F. Vermeulen), Econometrica, 75, p. 553-574, 2007; "Analyzing Cost EfficientBehavior under Economies of Scope: a Nonparametric Methodology", (with L. Cherchye and F.Vermeulen), Operations Research 56, p. 204-221, 2008; "Opening the Black Box of IntrahouseholdDecision Making: Theory and Nonparametric Empirical Tests of General Collective ConsumptionModels", (with L. Cherchye and F. Vermeulen), Journal of Political Economy 117, p. 1074-1104, 2009;"MarriedWithChildren.ACollective Labor SupplyModelwithDetailed TimeUse and IntrahouseholdExpenditureInformation",(withL.CherchyeandF.Vermeulen)AmericanEconomicReview102,p.3377-3405,2012.MathiasDEWATRIPONTholds a PhD in Economics from Harvard University, 1986. His general research area is the theory ofincentives and organizations. He is Professor of Economics at ULB where he teaches introductoryeconomics,microeconomictheoryandcontracttheory.Hehasbeenpart-timeVisitingProfessoratMITandResearchDirectorofCEPR.FellowoftheEconometricSociety, laureateofthe1998FrancquiPrizeandof the2003Yrjö JahnssonPrize for Economics, hewaselectedPresidentof theEEA for theYear2005.HehasalsobeenappointedmemberoftheScientificCounciloftheEuropeanResearchCouncilin2005-2013. He wasManaging Editor of theReview of Economic Studies (1990-1994) and one of thethree Programme co-chairs of the 2000World Congress of the Econometric Society. Hewas outsideDirector of CGER-Bank (1992-1999) and co-Director of ECARES (1991-2002).HewasVice-Dean of theFaculté des Sciences sociales, politiques et économiques (2006-2008) and was the first Dean of theSolvayBrusselsSchoolofEconomicsandManagement(2010-2011).InApril2009,hehasbeenelectedForeignHonoraryMember of the American Academy of Arts and Science and is alsomember of theAcadémieRoyaledeBelgique.HehasbeenappointedDirectoroftheNationalBankofBelgiuminApril2011,andmemberoftheAdvisoryScientificCommitteeoftheEuropeanSystemicRiskBoard,memberof the Basel Committee on Banking Supervision and on the Global Financial System,member of theEuropeanBankingAuthorityandmemberof theFinancialStabilityBoardRegionalConsultativeGroupforEurope.Selected works: "Advocates", (with J. Tirole), Journal of Political Economy, 1999; "The Economics ofCareerConcerns,PartI&PartII",(withI.JewittandJ.Tirole),ReviewofEconomicStudies,1999;"Moral

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Hazard and Capital Structure Dynamics", (with P. Legros and S. Matthews), Journal of the EuropeanEconomicAssociation,2003;"TransferableControl",(withP.AghionandP.Rey),JournaloftheEuropeanEconomic Association, 2004; Contract Theory, (with P. Bolton), MIT Press, 724 p, 2005; "Modes ofCommunication",(withJ.Tirole),JournalofPoliticalEconomy,2005;"AcademicFreedom,Private-SectorFocusandtheProcessofInnovation",(withP.AghionandJ.Stein),RandJournalofEconomics,39,pp.617-635, 2008; Balancing the Banks: Global Lessons from the Financial Crisis, (with J. Tirole and J.C.Rochet),PrincetonUniversityPress,2010.GriseldaDEELSTRAis co-director of the " Service SciencesActuarielles " at theUniversité libre de Bruxelles. She holds adegree in Actuarial Sciences (1992) and received her PhD in 1996 from the Vrije Universiteit BrusselundertheguidanceofProf.Delbaen.AfterherPhD,shehasbeenassistantprofessor/researcherinParisat theEcoleNationalede laStatistiqueetde l’AdministrationEconomique(ENSAE)andtheCentredeRechercheenEconomieetStatistique(CREST).Inhercareer,shehadteaching/researchpositionsattheU.A.,UGhent, VUB. She has published in leading actuarial and financialmathematics journals,mainlyworkingonthe interactionof financemethods in insurance.TogetherwithGuillaumePlantin,shehaswrittenthebook"Théoriedurisqueetréassurance"(Economica,2006).ShewasanEditoroftheBelgianActuarialBulletinandisnowEditoroftheEuropeanActuarialJournalandamemberoftheEducationalCommitteeoftheInstituteofActuariesofBelgium.Selected works:, "Actuarial and Financial Mathematics Conference: Interplay between Finance andInsurance, February 8-9, 2012", (with M. Vanmaele, A. De Schepper, J. Dhaene, W. Schoutens, S.Vanduffel, D. Vyncke (Editors)), Koninklijke Vlaamse Academie van België voor Wetenschappen enKunsten,Brussel,2012;"LocalVolatilityPricingforLong-datedFXDerivatives",(withG.Rayée),AppliedMathematical Finance (AMF), iFirst, 1–23, 2012; "Pricing Variable Annuity Guarantees in a LocalVolatilityframework",(withG.Rayée),submittedinInsurance:MathematicsandEconomics(IME),2012;"UsingModel-IndependentLowerBoundstoImprovePricingofAsianStyleOptions",(withG.Rayée,S.VanduffelandJ.Yao),submittedinAstinBulletin,2012;"ApproximateDefaultProbabilitiesofaHoldingCompany,withCompleteandPartial Information", (withD.Hainaut),submitted inJournalofRiskandInsurance, 2012; "Static Super-Replicating Strategies for a Class of Exotic Options: Some NewDevelopments", (with X. Chen, J. Dhaene, D. Linders, M. Vanmaele), Working paper, 2012; "OptionPricing in a One-Dimensional Affine Term Structure Model via Spectral Representations", (with M.Chazal,R.LoeffenandP.Patie),Workingpaper,2010.AntonioESTACHEhasaPhDinEconomicsfromtheUniversitélibredeBruxelles.Untilendof2007hewasChiefEconomistoftheSustainableDevelopmentNetworkoftheWorldBankwhereheworkedfor25years.He joinedECARESfulltimeasthebeneficiaryoftheBernardVanOmmeslagheChaironJanuary1,2008.Heisalsoassociated with the CEPR in London. He currently teaches Public Economics, Regulatory Economics,DevelopmentEconomicsandEnvironmentalEconomics.Selectedworks:"How(Un)EvenWastheDistributionoftheImpactsofMali’sWaterPrivatizationAcrossStakeholders?", (with E. Grifell-Tatjé), Journal of Development Studies, 2012; "Bidder Asymmetry inInfrastructure Procurement: Are There any Fringe Bidders?", (with A. Limi), Review of IndustrialOrganization,2010;"TowardsaTheoryofRegulationforDevelopingCountries:FollowingJean-JacquesLaffont’s Lead", (with L. Wren-Lewis), Journal of Economic Literature, 2009; "Universal ServiceObligations in LDCs: The Effect ofUniformPricing on InfrastructureAccess", (with J-.J. Laffont and X.Zhang),JournalofPublicEconomics,2006.MarjorieGASSNERholdsaPhDinMathematics,ULB(1989).HermainresearchfieldsarePoliticalEconomicsandCollectiveDecisions.SheismemberofCRISPandCEVIPOL.SheteachesmathematicsatULB.Selectedworks:"ExtendingtheHausmanTesttoCheckforthePresenceofOutliers"(withC.DehonandV. Verardi), Advances in Econometrics, 2012; "Beware of "Good" Outliers and Overoptimistic

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Conclusions", (with C. Dehon and V. Verardi), Oxford Bulletin of Economics and Statistics, 2009;DélégationsParlementaires-MéthodesMathématiquesetReprésentation(Bi)dimensionnelle,Editionsde l'Université de Bruxelles, 2000; "Biproportional Delegations: a Solution for Two-DimensionalProportionalRepresentation",JournalofTheoreticalPolitics,1991.DomenicoGIANNONEholdsaPhDfromtheUniversité libredeBruxelles.He isProfessorofEconomicsat theULBwhereheteaches Econometrics.His general fields of research are forecasting,monetary policy, business cyclesand growth. He hasworked as Economist at theMonetary Policy Research Division of the EuropeanCentralBankandbeenScientificCoordinatoroftheEuroAreaBusinessCycleNetwork.HehasdesignedeconometricmodelsthatareroutinelyusedtoinformpolicydecisionsinmanyinstitutionsincludingtheFederalReserveBoardofGovernors,theEuropeanCentralBank,theReserveBankofNewZealand,theNorges Bank. He is and panel member for Economic Policy and associate editor for the Journal ofappliedEconometrics,theInternationalJournalofForecastingandEmpiricalEconomics.Heisamemberof the Euro Area Business Cycle Dating Committee (CEPR). He is co-founder and director ofNow-Casting.com,aweb-basedforecastingcompany.Selected works: "A Quasi Maximum Likelihood Approach for Large Approximate Dynamic FactorModels",(withCDozandL.Reichlin),ReviewofEconomicsandStatistics,vol.94(4),pages1014-1024;"The ECB and the InterbankMarket", (withM. Lenza, H. Pill and L. Reichlin)Economic Journal, RoyalEconomicSociety,vol.122(564),pagesF467-F486,2012;"LargeBayesianVARs",(withM.BanburaandL.Reichlin),JournalofAppliedEconometrics,vol.25(1),pages71-92,2010;"Nowcasting:TheReal-TimeInformational Content ofMacroeconomic Data", (with L. Reichlin and D. Small) Journal ofMonetaryEconomics,vol.55(4),pages665-676.VictorGINSBURGHholdsaPhDfromtheUniversitélibredeBruxelles,1972.Hisresearchareasaremicroeconomictheory,cultural economics and the economics of languages. He has been visiting professor at several USuniversities (Yale, Virginia, Chicago), as well as in France (Marseille, Paris and Strasbourg), and inBelgium(LouvainandLiège).Selected works:How Many Languages Do We Need?The Economics of Linguistic Diversity", (with S.Weber),PrincetonUniversityPress;ThesecondvolumeofTheHandbookoftheEconomicsoftheArtsandCulture,(withD.Throsby),North-Holland-Elsevier,forthcoming;"RockandRollBands,(In)completeContracts andCreativity", (withC. Ceulemans andP. Legros),American EconomicReview, Papers andProceedings101,217-221,2010;"BilingualismandCommunicativeBenefits",(withJ.GabzsewiczandS.Weber),AnnalsofEconomicsandStatistics101/102,271-286,2011;"ReturnstoForeignLanguagesofNativeWorkers in theEU", (with J. Prieto), Industrial and LaborRelationsReview 64, 599-618, 2011;"OntheIncidenceofCommissionsinAuctionMarkets",(withP.LegrosandN.Sahuguet),InternationalJournalof IndustrialOrganization 28,639-644,2010; "Are LeadingPapersofBetterQuality?EvidencefromaNaturalExperiment",(withT.CoupéandA.Noury),OxfordEconomicPapers61,1-11,2010.MarcHALLINholdsaPhDinSciencesandMathematicsfromtheUniversitélibredeBruxelles(1976).Heisco-Editor-in-ChiefoftheInternationalStatisticalReview,andamemberoftheeditorialboardsoftheJournalofthe American Statistical Association, the Journal of Econometrics, the Journal of the Japan StatisticalSociety, Statistical Inference for Stochastic Processes, and the Annales de l’Institut de Statistique del’Université de Paris. A Fellow of the Institute of Mathematical Statistics (I.M.S.), of the AmericanStatisticalAssociation(A.S.A.),andaMembretitulaireoftheInternationalStatisticalInstitute(I.S.I.),heismemberoftheClassedesSciencesdel'AcadémieRoyaledeBelgique.Selected works: "Multivariate Quantiles and Multiple Output Regression Quantiles : from L1OptimizationtoHalfspaceDepth",(withD.PaindaveineandM.Siman),AnnalsofStatistics38,635-669,2010;"OptimalRank-BasedTestingforPrincipalComponents",(withD.PaindaveineandT.Verdebout),AnnalsofStatistics38,3245-3299,2010;"AClassofOptimalTestsforSymmetryBasedonEdgeworth

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Approximations",(withD.CassartandD.Paindaveine),Bernoulli17,1063-1094,2011;"DynamicFactorsinthePresenceofBlockStructure",(withR.Liska),JournalofEconometrics163,29-41,2011;"MarketLiquidityasDynamicFactors",(withC.Mathias,H.PirotteandD.Veredas),JournalofEconometrics163,42-50,2011;"Rank-BasedTestinginLinearModelswithStableErrors",(withY.Swan,T.VerdeboutandD.Veredas), JournalofNonparametricStatistics23,305-320,2011;"Pseudo-GaussianandRank-BasedOptimal Tests for Random Individual Effects in Large n Small T Panels", (with N. Bennala and D.Paindaveine), Journal of Econometrics 170, 50-67, 2012; "Skew-Symmetric Distributions and FisherInformation:aTaleofTwoDensities",(withC.Ley),Bernoulli18,747-763,2012;"One-StepR-estimationin Linear Models with Stable Errors", (with Y. Swan, T. Verdebout, and D. Veredas), Journal ofEconometrics195-204,2012;"OptimalRank-BasedTests forCommonPrincipalComponents", (withD.PaindaveineandT.Verdebout),Bernoulli,forthcoming.GeorgKIRCHSTEIGERholdsaPhDinEconomicsfromtheUniversityofVienna(1993).BeforehemovedtoBrusselsin2004,heworkedattheUniversityofVienna,attheCentERinTilburg,andattheUniversityofMaastricht.In2000hereceivedtheHicks-TinbergenMedaloftheEEA(withE.FehrandA.Riedl).Selected works: "Other Regarding Preferences and General Equilibrium" (with M. Dufwenberg, P.Heidhues,F.RiedelandJ.Sobel),ReviewofEconomicStudies,Vol78(2),April2011,613-639;"GeneralEquilibrium and the Emergence of (Non)Market Clearing Trading Institutions" (with C. Alós-Ferrer),EconomicTheory,Vol44 (3),September2010,339-360; "On theEvolutionofMarket Institutions:ThePlatformDesignParadox"(withC.Alós-FerrerandM.Walzl),EconomicJournal,March2010,215-243."Endogenizing Market Institutions: An Experimental Approach" (with M. Niederle and J. Potters),EuropeanEconomicReview,Vol49(7),October2005,1827-1852;"ATheoryofSequentialReciprocity"(with M. Dufwenberg), Games and Economic Behavior, Vol. 47 (2), May 2004, 268-298; "InefficientEquilibriainLobbying"(withA.Prat),JournalofPublicEconomics,Vol.82(3),December2001,349-375;"Gift Exchange and Reciprocity in Competitive Experimental Markets" (with E. Fehr and A. Riedl),European Economic Review, Vol. 42 (1), January 1998, 1-34; "Reciprocity as a Contract EnforcementDevice:ExperimentalEvidence"(withE.FehrandS.Gächter),Econometrica,Vol.65(4),1997,833-860.RobertKOLLMANNholds a PhD from Chicago University (1991). His main fields of research are Macroeconomics andInternational Finance. He has been Professor at the University of Bonn, University of Paris XII andUniversityofMontréal.HeisresearchfellowofCEPR.HehastaughtatULBsince2006.Selectedworks:"FiscalPolicy,BanksandtheFinancialCrisis",(withM.Ratto,W.RoegerandJ.in'tVeld),JournalofEconomicDynamicsandControl,2013."LeverageasaPredictorofRealActivityandVolatility"(withS. Zeugner), JournalofEconomicDynamicsandControl, 2012; "FiscalPolicy inaFinancialCrisis:Standard Policy vs Bank Rescue Measures", (with W. Roeger and J. in't Veld), American EconomicReview,2012;"LimitedAssetMarketParticipationandtheConsumption-RealExchangeRateAnomaly",CanadianJournalofEconomics,2012.PatrickLEGROSisaProfessorofEconomicsatUniversité libredeBruxellesanddoesresearchatECARES.Hisresearchinterests are in theory of contracts, microeconomics, industrial organization, competition policy andregulation. He has taught courses in intermediate and graduate microeconomics, intermediate andgraduateindustrialorganizationandantitrust,graduatecoursesincontracttheory.He is currently one of the editors of the Journal of Industrial Economics. Quality papers in industrialorganisationand regulation,bothempirical and theoretical, areextremelywelcomeat the journal. Inparticular,theydotheirbesttoprovideveryfastfirst-roundresponses.Thisreflectsthejournal'sdesiretobeveryauthor-friendly,particularlyforjuniorfaculty,whilealsomaintainingquality.His research interests are in appliedmicroeconomic,with an emphasis on contract theory, industrialorganization, information economics. His past and current research activities have been essentiallyconcentratedonthefollowingsubjects:

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• Contracttheory:endogenouscontractchoices inmarketswithheterogenousagents;moralhazardinteams;designofdebtcontractsunderrenegotiation;

• Industrial organization: vertical integration and contracting; regulation of network industries;antitrust; choice of varieties in localmarkets facing global competition; performance of standardsettingorganizations;

• Matching:assortativematchingundernon-transferabilities;investmentandmatching;• Mechanismdesign:imperfectcommunicationtechnology,renegotiation;• Cooperativegametheory:costallocation;formationandstabilityofsyndicates;Selectedworks: "APriceTheoryofVertical andLateral Integration", (withA.Newman),TheQuarterlyJournal of Economics, forthcoming; "Beauty is a Beast, Frog is a Prince: Assortative Matching in aNontransferableWorld", (withA.Newman),Econometrica,2007; "MoralHazardandCapitalStructureDynamics",(withM.DewatripontandS.Matthews),JournaloftheEuropeanEconomicAssociation,June2003, 1 (4): 890-930; "Efficient andNearly Efficient Partnerships", (with S.Matthews),The Review ofEconomicStudies,1993,60(3):599-611.GuyMELARDholds a PhD in Sciences in Mathematics from the Université libre de Bruxelles (1975). He has beenPresidentoftheDepartment"InformatiqueetScienceshumaines".Heistheauthorofthreebooksandco-authorofasoftwarefortimeseriesanalysiscalledTimeSeriesExpert.Selected works: Méthodes de prévision à court terme, Collection "Statistique et Mathématiquesappliqués",Editionsde l'UniversitédeBruxelles,BrusselsandEditionsEllipses,Paris,2ndedition(withCD-Rom), 2007; "Automatic ARIMA Modeling Including Interventions, Using Time Series ExpertSoftware", (with J.-M. Pasteels), International Journal of Forecasting, 2000; "Asymptotic Properties ofQuasi-Maximum Likelihood Estimators for ARMAModelswith Time-Dependent Coefficients", (with R.Azrak),StatisticalInferenceforStochasticProcesses9,No3,279–330,2006;"TheAsymptoticandExactFisher Information Matrices of a Vector ARMA Process", (with A. Klein and A. Saidi), Statistics andProbabilityLetters,78,12,pp.1430-1433,2008.DavyPAINDAVEINEholdsaPhDinStatisticsfromULB,2002.HeisfullprofessorofStatisticsattheSolvayBrusselsSchoolofEconomicsandManagement,ULB.Hesitsintheeditorialboardofseveralinternationaljournals,amongwhich the Annals of Statistics. Since 2014, he is also Co-Editor-in-Chief of Statistics and ProbabilityLetters.Since2005,heisanelectedmemberoftheInternationalStatisticalInstitute(ISI).Hehasbeenvisiting professor at Université Pierre-et-Marie-Curie (Paris 6) between 2009 and 2014, and is nowvisitingprofessoratKULeuvenandtheToulouseSchoolofEconomics.In2007,theAmericanStatisticalAssociationgavehimtheGottfriedE.NoetherYoungScholarAward,forcontributionstononparametricstatistics.Hewasco-directorofECARESfrom2006to2012.Selectedworks:"OnHigh-DimensionalSignTests",(withTh.Verdebout),Bernoulli,toappear;"InferenceontheShapeofEllipticalDistributionsBasedontheMCD"(withG.VanBever),JournalofMultivariateAnalysis129, 125-144 (2014), "From Depth to Local Depth: a Focus on Centrality" (with G. VanBever),Journal of the American Statistical Association105, 1105-1119 (2013); "SemiparametricallyEfficient Inference Based on Signed Ranks in Symmetric Independent Component Models (with P.Ilmonen), Annals of Statistics 39, 2448-2476 (2011);"Multivariate Quantiles and Multiple-OutputRegressionQuantiles:FromL_1Optimization toHalfspaceDepth, (withM.HallinandM.Siman),withdiscussion.AnnalsofStatistics38,635-669(2010);"OnMultivariateRunsTestsforRandomness,JournaloftheAmericanStatisticalAssociation104,1525-1538(2009).MathieuPARENTIhasjoinedtheUniversitélibredeBruxellesasanAssistantProfessorofEconomicsinSeptember2015.HeisaresearchaffiateattheCEPR.Previously,hewasanassistantprofessoratUniversitécatholiquedeLouvain.HehasreceivedhisPhDinEconomicsattheParisSchoolofEconomicsin2012.Hisresearchis

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attheintersectionofInternationalTradeandIndustrialOrganization.Selectedwork: "Monopolistic Competition beyond theC.E.S.", (with. E. Zhelobodko, S. Kokovin and J.Thisse),EconometricaVol80,No.6,November2012.AndréSAPIRholdsaPhD inEconomics fromThe JohnsHopkinsUniversity,1977.He isProfessoratULB,whereheholds a chair in International Economics and European Integration. He is also a Senior Fellow of theBrusselsEuropeanandGlobalEconomicLaboratory(BRUEGEL)andaResearchFellowoftheCentreforEconomicPolicyResearch(CEPR).Inaddition,heisamemberoftheEuropeanSystemicRiskBoardandtheChair of itsAdvisory Scientific Committee.Hewas an EconomicAdviser to EuropeanCommissionPresidentRomanoProdi(2001-2004)andtheChairmanoftheHigh-LevelStudyGroupappointedbyhimthatproducedthe2003report"AnAgendaforaGrowingEurope",widelyknownasthe"SapirReport",publishedbyOxfordUniversityPress inMarch2004.He is a foundingEditorial BoardMemberof theWorldTradeReview,publishedbyCambridgeUniversityPressandtheWorldTradeOrganization.Selectedworks: "European Integration at the Crossroads: A Review Essay on the 50th Anniversary ofBelaBalassa’sTheoryofEconomicIntegration",JournalofEconomicLiterature,XLIX,2011;AEuropeanMechanismforSovereignDebtCrisisResolution:AProposal,(withF.Gianviti,A.Krueger,J.Pisani-FerryandJ.vonHagen),BlueprintNo.10,Bruegel,2010;"TheGovernanceandPerformanceofUniversities:Evidence for Europe and the US", (with P. Aghion, M. Dewatripont, C. Hoxby and A. Mas-Colell),Economic Policy, 61, 2010; "Globalisation and the Reform of European Social Models", Journal ofCommonMarketStudies,2006;"UnModelloObsoleto?CrescitaeSpecializzonedell’EconomiaItaliana",(withR.Faini), inT.Boeri,R.Faini,A. Ichino,G.PisauroandC.Scarpa(eds),OltreilDeclino, IlMulino,Bologna, 2005; An Agenda for a Growing Europe: The Sapir Report, Oxford University Press, Oxford,2004(withP.Aghion,G.Bertola,M.Hellwig,J.Pisani-Ferry,D.Rosati,J.Viñals,H.WallaceandM.Buti,M. Nava, P. M. Smith), Italian translation published by Il Mulino, Bologna, 2004; "Who’s Afraid ofGlobalization?DomesticAdjustment inEuropeandAmerica", inR.B.Porter,P.Sauvé,A.Subramanianand A.B. Zampetti (eds), Efficiency, Equity, and Legitimacy: The Multilateral Trading System at theMillennium,HarvardUniversityandBrookings InstitutionPress,2001;EconomicPolicy inEMU,OxfordUniversityPress,Oxford,1998(co-authoredandco-editedwithM.Buti),ItaliantranslationpublishedbyIlMulino,Bologna,1999.BrunovanPOTTELSBERGHEdelaPOTTERIEholdsaPhDinEconomicsfromULB.HewasChiefEconomistatEuropeanPatentOffice(Munich,2005-2007).HewasvisitingresearcheratColumbiaBusinessSchool,ResearchInstituteoftheMETI(Tokyo),visiting professor at the Institute of Innovation Research, University Hitotsubashi (Tokyo), at theUniversityofStellenboschBusinessSchool(CapeTown),attheOpenUniversity,HoChiMinhVille,andat the National Economics University, Hanoi. He joined ECARES in 2008. He is currently Dean of theFacultySolvayBrusselsSchoolofEconomicsandManagement.Selectedworks:"EconomicIncongruitiesintheEuropeanPatentSystem",EuropeanJournalofLawandEconomics,2012,34,(1),215-234,2009;"OnthePriceElasticityofDemandforPatents",OxfordBulletinof Economics and Statistics, 2012, 74, (1), 58-77, 2008; "Governance Typology of Universities'Technology Transfer Processes", Working Papers ECARES, ULB; "The worldwide count of prioritypatents:Anewindicatorofinventiveactivity",WorkingPapersECARES,ULB.DavidVEREDASisProfessorofQuantitativeFinance.In2004,hebecameECARESfellow,in2007,hebecameafoundingmember of the Society for Financial Econometrics (SoFiE), and in 2012, he was appointed HonoraryVisiting Professor at Cass Business School (London). His research is, broadly, in volatility, tail risk,systemic risk and vast dimensional financial systems. He has published numerous articles ininternationalpeer-reviewjournalsonthesetopics, includingtop-fieldoutlets,co-editedonebook,andpresented his research more than 140 times over four continents. He also writes regularly opinionpiecesingeneralpublicnewspapers.Trainingwise,heteaches(orhehastaught)coursesofquantitative

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risk management and financial econometrics in, among others, the University of Paris IX Dauphine(Paris), Cass Business School (London), the Duisenberg School of Finance (Amsterdam), the SwissBanking Institute (Zurich), and the New Economic School (Moscow).Moreover he has trained 9 PhDstudentsand3post-docssofar.HeholdsaBAinEconomicsandaBAinStatisticsfromUniversityCarlosIIIdeMadrid,andaMAandaPhDinEconomicsfromtheUniversitécatholiquedeLouvain(CORE).PriortojoiningECARES,hewasapost-doctoralfellowatCIRANO-Montreal,andaMarieCuriepost-doctoralfellowatCentER,Tilburg.Inthespringtermsof2010and2012hevisitedSternSchoolofBusiness-hostedattheVolatilityInstitute-ofNewYorkUniversity,andtheresearchdepartmentoftheBancodeEspañainMadridrespectively.Selected works: "The Method of Simulated Quantiles", (with Y. Dominicy), Journal of Econometrics172(2)235-247,2013;"One-stepR-estimation inLinearModelswithStableErrors", (withM.Hallin,Y.SwanandT.Verdebout), Journal of Econometrics172(2) 195-204,2013; "Market Liquidity asDynamicFactors", (with M. Hallin, C. Mathias and H. Pirotte), Journal of Econometrics163(1)42-50, 2011;"EstimationofStableDistributionswith Indirect Inference", (withR.GarciaandE.Renault), JournalofEconometrics161,325-337,2011; "TheStochasticConditionalDurationmodel:A LatentFactorModelfor the Analysis of Financial Durations", (with L. Bauwens), Journal of Econometrics119/2,381-412,2004.PhilipVERWIMPholds a PhD in Economics from the KU Leuven in January 2003 with a dissertation on the politicaleconomyof development and genocide in Rwanda.He studied Economics and Sociology in Antwerp,Leuven andGöttingen. Philip specializes in the economic causes and consequences of conflict at themicro-levelandhasdonequantitativeworkonthedeathtollofthegenocideandonthedemographyofpost-genocideRwanda.Hecurrentlyworksonpoverty,health,genderandentrepreneurshipinconflict-affectedcountries.Heco-foundedandco-directs theHouseholds inConflictNetwork (www.hicn.org).PhilipreceivedadoctoralfellowshipfromtheFundforScientificResearch(1997-2001)andwasaFellowof the Belgian-American Educational Foundation (1998) and a Fulbright-Hays Fellow (2004) at YaleUniversity. He worked for theWorld Bank as a Poverty Economist (2005) and received the JacquesRozenberg Award from the Auschwitz Foundation for his dissertation. He also won two Best PaperAwardsfromtheJournalofPeaceResearchandfromtheEuropeanSocietyofCriminology.PhiliptaughtDevelopmentEconomicsatErasmusUniversityRotterdam(InstituteofSocialStudies),theUniversityofAntwerp, Leuven,Utrecht and theNationalUniversity of Burundi. He currently teachesDevelopmentEconomics at ULB where he holds the Alain and Marie Philippson Chair in Sustainable HumanDevelopment.Selectedworks:"Undernutrition,SubsequentRiskofMortalityandCivilWarinBurundi",EconomicsandHumanBiology,Vol.10,Issue3,p.221-23,2012;"DictatorshipinaSingleExportCropEconomy",(withB.Capéau), JournalofTheoreticalPolitics,April,24,p.210-234,2012; "ViolentConflictandBehavior?EvidencefromFieldExperimentsinBurundi",(withM.Voors,E.Nillesen,E.Bulte,R.LensinkandD.VanSoest),AmericanEconomicReview,April,Vol.102,No.2p.941-64,2012; "The1990-92Massacres inRwanda:aCaseofSpatialandSocialEngineering?,JournalofAgrarianChange,Vol.11,n.3,July,p.396-419,2011;"CropFailure,CivilWarandChildStunting inRwanda", (withR.AkreshandT.Bundervoet)EconomicDevelopmentandCulturalChange,vol.59,n.4,July,p.777-810,2011;"TheDemographicandSocio-Economic Distribution of Excess Mortality during the 1994 Genocide in Rwanda", (with D. deWalque) Journal ofAfricanEconomies, 19, p. 141-162, 2010; "Health andCivilWar inRuralBurundi",(withT.BundervoetandR.Akresh)JournalofHumanResources,Vol44,2,p.536-563,2009.PhilippeWEILholds a PhD from Harvard University (1985). He was assistant (1985-89) and Associate Professor atHarvardfrom1985to1992andhasbeenaprofessoratULBsince1992.HewasProgrammeDirectorofInternationalmacroeconomicsatCEPR(1989-92)andco-directorofECARES(1992-2002).Since2011,hechairs the Observatoire français des conjonctures économiques at SciencesPo in Paris. His researchfocusesonmacroeconomictheoryandfinance.

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Selectedworks:"OverlappingGenerations:theFirstJubilee",JournalofEconomicPerspectives,2008."The Macroeconomics of Credit and Labor Markets Imperfections", (with E. Wasmer), AmericanEconomic Review, September 2004; "Precautionary Saving and Consumption Smoothing Across Timeand Possibilities", (with M. Kimball), Journal of Money, Credit and Banking, 2009; ", (with F.Restoy),ReviewofFinance,2011;"TotalWorkandGender:FactsandPossibleExplanations",(withM.C.BurdaandD.S.Hamermesh),JournalofPopulationEconomics,2013.

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CONTACTS

Mailingaddress:

EuropeanCentreforAdvancedResearchinEconomicsandStatisticsSolvayBrusselsSchoolofEconomicsandManagementUniversitélibredeBruxelles50,AvenueFranklinD.RooseveltCP114/041050Brussels,Belgium

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R42Building–SBS-EM42,AvenueFranklinRooseveltLevels5and6HBuilding-CP1394,AvenuePaulHégerLevel4

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Tel:32-2-650.3075/3838/4138ecares@ulb.ac.bewww.ecares.org