The Center for Research in Economics and Statistics (CREST) is a French scientific research institution specialising in quantitative methods applied to the social sciences.

CREST is a joint interdisciplinary unit made up of researchers and teachers from the CNRS, GENES and the Economics Department of École polytechnique. Its activities are physically located in the ENSAE Paris building on the Palaiseau campus of Institut Polytechnique de Paris and on the Ker-Lann campus of ENSAI Rennes.

CREST’s common culture is characterised by a strong commitment to quantitative methods, mathematical modelling and the interplay between models and empirical facts in order to analyse economic and social problems. The laboratory’s main areas of research are economics, finance, statistics, actuarial sciences and sociology.

One of the main challenges of the laboratory’s scientific production project is the national and international promotion of its activities.

The CREST laboratory enjoys national and international recognition thanks to the excellence of its research. Our researchers are committed to creating and disseminating cutting-edge knowledge, thus making a significant contribution to the global scientific community. This excellence is evident in the quality of academic journals publishing the work of our researchers, such as the American Economic Review, the Journal of Political Economy, the Annals of Statistics, the Journal of the Royal Statistical Society, and the Annual Review of Sociology. These achievements illustrate the significant impact of our laboratory in economics, statistics, finance and insurance, and sociology.

CREST also owes its international visibility to its diverse community of 250 professors, researchers, and doctoral students. Fundamentally interdisciplinary, CREST conducts innovative research in various fields of economics (microeconomics, labor economics, environmental economics, etc.), statistics (nonparametric statistics, high-dimensional statistics, machine learning, etc.), finance and insurance (financial econometrics, sustainable and environmental finance, geometry for optimization and learning, etc.), and sociology (politics, artificial intelligence, inequalities and discrimination, etc.).

CREST offers its researchers optimal research conditions, both in terms of equipment and funding. This enables it to recruit post-docs, assistants and associate professors on the international academic job market every year.

Research at CREST benefits from :

In addition to its research mission, an important stake for CREST is the spin-off of its scientific culture and expertise through graduate education.

Master programmes

At the Master level, CREST research and faculty members teach in the various programs at Institut Polytechnique de Paris (in Economics; Data Science; Statistics for Smart Data; Statistics, Finance & Actuarial Science; Quantitative Sociology & Demography) as well as in the engineering cycles at Ecole Polytechnique, ENSAE Paris and ENSAI in the following fields:

  • Economics
  • Data Science
  • Statistics
  • Finance
  • Insurance
  • Sociology
  • Applied Mathematics
  • Public Policy
  • As well as in the engineering cycles of the École polytechnique, ENSAE Paris and ENSAI.

Eventually, CREST intervenes in 23 Master’s programmes in 7 institutional partners.

In this video, discover our Graduate Program in Economics which is gently offered by Ecole Polytechnique and ENSAE Paris within the Institut Polotechnique de Paris:

Doctoral programmes

At doctoral level, CREST offers optimal research conditions for students wishing to pursue doctoral research at the Institut Polytechnique de Paris or ENSAI.

Our doctoral students have an excellent placement rate in the private, public and academic sectors in France and abroad, including universities such as Berkeley, Chicago, Cornell, Harvard and Princeton.

In addition, the 5-year integrated PhD track programmes at the Institut Polytechnique de Paris offer students the opportunity to develop advanced research skills along a doctoral pathway encompassing master’s and PhD training. CREST participates in PhD Track programmes in economics (in cooperation with HEC Paris), Data & Artificial Intelligence and Mathematics.

Doctoral students at CREST can undertake academic visits to prestigious universities. These visits aim to allow them to meet the world’s top researchers in their field and showcase their own work. Our doctoral students have spent several months at Harvard University and the University of California, Berkeley, two of the most renowned institutions in the world for research in economics and social sciences.

At the end of their program, our doctoral students can apply for positions worldwide through the international job market. CREST provides them with enhanced support to prepare their applications and enable them to succeed. Thanks to this effort, our candidates have recently been hired at some of the best universities in Europe and around the world (Princeton, Cornell, UCLA, Bocconi, LMU, PSE, and more).

In this video, discover two of CREST doctoral students who graduated in 2023 in Economics explain their doctoral route ending with their International Job Market Experience.

DOCUMENTS

Organization Chart

timeline

CREST resulted from the fusion in 2015 of research institutions with a long history of collaboration but which evolved separately at Ecole Polytechnique and at Institut National de la Statistique et des Etudes Economiques (INSEE). Here is a brief institutional history:

1935: Creation of Laboratoire d’Économétrie as part of Chaire Ecole Polytechnique of François pisia

1968: Establishment of Département de la Recherche by Edmond Malinvaud at INSEE

1970: Claude Henry re-establishes Laboratoire d’Econometrie of Ecole Polytechnique with Vincent Renard

1972: Département de la Recherche becomes Unité de Recherche at INSEE with Jacques Mairesse as its director

1984: Unité de Recherche becomes Centre de Recherche of ENSAE (Ecole Nationale de la Statistique et de l’Administration Economique) with Christian Gourieroux as its director

1988: Michel Balinski becomes director of Laboratoire d’Économétrie

1993: Centre de Recherche of ENSAE becomes Centre de Recherche en Économie et Statistique (CREST), following its merger with Département de la Recherche, with Alain Monfort as its director

1994: Establishment of GENES (Groupe des Ecoles Nationales d’Economie et Statistique) to bring together research and teaching activities at INSEE, specifically at ENSAE and ENSAI (Ecole Nationale de la Statistique et de l’Analyse de l’Information), with Alain Trognon as its director

1996: Establishment of Unité Mixte de Recherche 2773 GRECSTA (Groupe de REcherche en EConomie et STAtistique) between INSEE and CNRS, with Alain Trognon as its director

1999: Jean-Pierre Ponssard becomes director of Laboratoire d’Économétrie

2007: Pierre Picard becomes director of Laboratoire d’Econometrie. The Laboratoire leaves its historic site at Montagne Sainte Geneviève to settle at the Palaiseau campus along with the other departments of Ecole Polytechnique.

2007: Francis Kramarz becomes director of CREST

2011: GENES acquires the status of Grand établissement (a public institution of higher education and research) and legal oversight over its constituent entities: CREST, ENSAE, ENSAI, CEPE (ENSAE-ENSAI Formation Continue)

2015: Establishment of Unité Mixte de Recherche 9194 which combines three pre-existent research entities:
– CREST, a GENES entity
– GRECSTA, UMR 2773 (GENES/CNRS)
– PREG-CECO, Laboratoire d’Econometrie of Ecole Polytechnique, UMR 7176 (Ecole Polytechnique/CNRS)

The new UMR, temporarily called EXCESS (ENSAE-X-Centre d’économie, statistique et sociologie), takes the historic name of CREST in 2016. It is a multidisciplinary UMR (economics, statistics, sociology) with a strong majority of economists, as was the case with its two founding entities – the historic CREST was composed of economists, statisticians and sociologists, whereas Laboratoire d’Econometrie had, in addition to economics, a secondary disciplinary association with mathematics and informatics. Francis Kramarz is director of CREST succeeded in 2019 by Arnak Dalalyan.

CREST activities are located physically in the ENSAE Paris building on the Palaiseau campus of Institut Polytechnique de Paris and secondarily on the Bruz campus of ENSAI Rennes.

For directions to Bruz campus of ENSAI Rennes see here.

For directions to Palaiseau campus of Institut Polytechnique de Paris:

Just 20 km south of Paris on a site spanning almost 160 hectares, the CREST can be reached from several access points.

The reception service
The reception service of CREST is located in the hall of the ENSAE building, accessible from Avenue Fresnel.
The reception service welcome visitors on weekdays from 8 am to 6 pm and can be reached at +33 (0)1 70 26 67 00.
They are responsible for welcoming, informing and guiding visitors. They can also accompany them, if necessary, to their meeting places. They help with taxi bookings and lost items management as well.

 

The site
CREST – UMR 9194
5, Av Henry Le Chatelier
91120 Palaiseau,
FRANCE

Visit us through Google Maps:

 

Access using public transport:

2 routes are available: one from the Massy-Palaiseau station and the other one from the Lozère station.
Connecting buses link the stations to the campus.

Access by road
From the Porte d’Orléans or Porte d’Italie: use the A6 highway.
From the Pont de Sèvres : use the N118 road.
Consult the traffic status in real time.

Local airports
– Orly airport (use the RER B and Orly Val)
– Roissy-Charles de Gaulle airport (use the RER B)
– Villacoublay airport
– Toussus-le-Noble business airport
Download the map of airports, stations and RER stations.

The Groupe des Écoles Nationales d’Économie et Statistique (Genes) is a public higher education and research establishment specialising in economics, statistics, sociology, marketing, finance, massive data and statistical learning. It is attached to the Ministry of the Economy, Finance and Recovery, with INSEE as its technical supervisory body. Genes comprises two engineering schools (ENSAE Paris and ENSAI), a joint research unit (CREST) and a continuing education organisation (ENSAE-ENSAI Formation Continue). It is also a member of the public interest group CASD (Secure Data Research Centre) and has a private development subsidiary called DATASTORM, which provides consultancy and expertise to the public and private sectors. The components of Genes are renowned for their excellence in research and training, which is appreciated by companies and government departments. They adopt a multidisciplinary approach and use advanced mathematical modelling to offer cutting-edge expertise in quantitative human sciences.

École polytechnique (X) is a prestigious higher education and research establishment in France. Founded in 1794, it is recognised worldwide for its academic excellence and its training of top-level engineers. École polytechnique offers a multidisciplinary curriculum focusing on engineering sciences, mathematics, physics, computer science, economics and the humanities. Students benefit from a stimulating environment that fosters creativity, leadership and innovation. École Polytechnique also places great emphasis on cutting-edge scientific research in fields such as artificial intelligence, materials, energy, applied mathematics and many others. Thanks to its alumni network, Polytechnique offers numerous professional opportunities and is recognised as a talent pool for companies, organisations and institutions worldwide.

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The French National Centre for Scientific Research (CNRS) is one of the world’s leading research institutions. Its scientists explore life, matter, the Universe and the workings of human society to meet the major challenges of the present and the future. Internationally recognised for the excellence of its scientific work, CNRS is a benchmark both in the world of research and development and for the general public.

Palaiseau | Bruz

 

Palaiseau Campus IP Paris

Located on the Plateau de Saclay, the Institut Polytechnique de Paris campus brings together its five founding Schools: École Polytechnique, ENSTA Paris, ENSAE Paris, Télécom Paris, and Télécom SudParis. It offers students, faculty members and staff top-notch facilities to pursue their activities in a lively and stimulating environment. Set in the heart of one of the world’s top eight innovation hubs, the campus benefits from the dynamism created by the private and public players based within the cluster. Ideally located just outside Paris, the campus is easily accessible by public transportation, allowing students and faculty members to take advantage of the economic dynamism and rich cultural life of the French capital.Discover the campus:

 

 

Bruz-Rennes Campus ENSAI

ENSAI is located on the beautiful Bruz Campus, just outside Rennes, a festive, creative, vibrant, young city with medieval and modern architecture.The campus is located on a wooded, 165-hectare plot of land within the suburban town of Bruz. The calm, verdant campus is home to institutions of higher education, professional training centers, and businesses. Bruz’s mixed use makes it a unique place in Rennes and an enjoyable place to study.