The Economics group at CREST is composed of 50 researchers and faculties from Ecole Polytechnique, ENSAE Paris, ENSAI, CNRS and Télécom ParisTech. CREST is hosting more than 40 PhD students and postdocs working closely with our researchers. It has been created in 2015 from the merging of the Economics department at Ecole polytechnique and the former CREST.

All members of CREST’s Economics and Sociology clusters belong to the Department of Economics and Sociology of Institut Polytechnique de Paris.

Research in economics at CREST covers all fields with a particular emphasis in Econometric Theory, Microeconomic Theory, Macroeconomics and Applied Economics: Public Economics, Development Economics, Environment Economics, Labor Economics, Political Economy. The group currently hosts two ERC grant and 8 ANR projects. Faculties are also involved in the ECODEC-Labex and the EUR “Data Science for Economics, Finance and Management” projects, jointly with economists from HEC Paris

Economists within CREST share a strong emphasis on quantitative methods and data analysis and combine fundamental research and more applied work. Fundamental research in econometric theory, mechanism design or public economics is meant to push the research frontier but also contribute to public debates.

Economists at CREST are taking a central role in developing quantitative methods in the framing, analysis and resolution of public policy problems. The group is a founding member of Institut des Politiques Publiques, the leading institution for public policy evaluation in France.

We also want to contribute to the major societal challenge of the twenty-first century, fighting climate change. Research in environmental economics contributes to the interdisciplinary Energy for Climate center as well as other international research networks such as CLIMATE-KIC.

Finally, we believe that the big data revolution calls for novel analytical tools that can discipline the statistical analysis of these data and help reach a causal interpretation of statistical correlations. Research on this topic contributes to the Hi! Paris center on data analytics and AI for Science, Business and Society.

Contacts

Emmanuelle TAUGOURDEAU (Director)

Fanda Traoré (Administrative Coordinator)

Lyza Racon (Administrative Coordinator, Ecole Polytechnique)

There are no upcoming events at this time.

economics

Global Taxonomy of Stablecoins

As stablecoins address the challenges of price stability in the cryptocurrency market, this paper provides a comprehensive taxonomy of stablecoins, categorizing them based on governance, value, and de ...

Lebrun Christophe, Leroux-Fankhauser Oetske, Tovanich Natkamon, Vatter Thibault, Gaudinat Arnaud

International Conference on Mathematical Research for Blockchain Economy (MARBLE 2024), 2024

economics

Inside Alameda Research: A Multi-Token Network Analysis

We analyze the token transfer network on Ethereum, focusing on accounts associated with Alameda Research, a cryptocurrency trading firm implicated in the misuse of FTX customer funds. Using a multi-to ...

Coquidé Célestin, Cazabet Rémy, Tovanich Natkamon

The 13th International Conference on Complex Networks and their Applications, 2024

economics

Decoding Decentralized Finance Transactions through Ego Network Motif Mining

Decentralized Finance (DeFi) is increasingly studied and adopted for its potential to provide accessible and transparent financial services. Analyzing how investors use DeFi is important for reaching ...

Tovanich Natkamon, Coquidé Célestin, Cazabet Rémy

The 13th International Conference on Complex Networks and their Applications, 2024

economics

Sticky Spending, Sequestration, and Government Debt

Once established, government spending programs tend to continue. A commonly held view is that spending inertia leads to unsustainable debt, ultimately requiring fiscal adjustments such as "sequestrati ...

Piguillem Facundo, Riboni Alessandro

American Economic Review, Vol. 114, No. 11, pp. 3513-50, November, 2024

economics

How the "Ramsey formula" came to define time discounting in economics (1950-2000)

This article investigates the emergence and stabilization of the Ramsey formula as a major framework for discounting in economics. Despite widespread belief, the formula did not originate in Frank Ram ...

Cherrier Beatrice, Garcia Duarte Pedro

SSRN, 2024

economics

Direct and Indirect Effects of Subsidized Dual Apprenticeships

Public interventions in the apprenticeship market often aim to increase demand or returns. We set up a double-sided experiment with youth and firms to analyze a subsidized dual apprenticeship program. ...

Crépon Bruno, Premand Patrick

The Review of Economic Studies, 2024

economics

Public Debt and the Political Economy of Reforms

How do electoral incentives influence the choice to experiment with a policy reform that generates uncertain future benefits? To answer this question, we examine a two-period model of redistributive p ...

Boyer Pierre, Roberson Brian, Esslinger Christoph

American Economics Journal: Microeconomics, Vol. 16, No. 3, 2024

economics

Local exposure to refugees changed attitudes to ethnic minorities in the Netherlands

We investigate the effect of exposure to refugees on locals’ preferences with regard to ethnic minorities using individual-level panel data from the Netherlands. The data combine self-reported prefe ...

Achard Pascal, Albrecht Sabina, Ghidoni Riccardo, Cettolin Elena, Suetens Sigrid

The Economic Journal, 2024

economics

The intergenerational (Im)mobility of immigrants

This paper studies the influence of pre-migration social background on the long-term economic assimilation of immigrants. I use unique French survey data to trace family histories over three generatio ...

Achard Pascal

Journal of Public Economics, Volume 238, October 2024, 105204, 2024

economics

Matching, centrality and the urban network

We propose a search and matching model of the urban network. When geography is fixed and the job finding rate decreases with distance, the interplay between firm entry and worker migration generates a ...

Schmutz-Bloch Benoît, Modibo Sidibé

Journal of Urban Economics, Volume 144, pages 103706, 2024