In 2011, the Banque de France and the Toulouse School of Economics have jointly launched two annual prizes to distinguish leading economists in the fields of Monetary Economics and Finance. I am in charge of the prize with Benoît Mojon from the Banque de France. Check the homepage of the Banque de France-TSE partnership here.
For the first edition, the Senior Prize is awarded to Bengt Holmström, for his analysis of liquidity under asymmetric information.
A small workshop (with the three laureates plus Gary Gorton, Arvind Krishnamurthy and Jean-Charles Rochet) will be organized at the Banque de France on March 16th, before the prize ceremony, that will be chaired by Christian Noyer, Gornernor of the Banque de France.
2011 Senior Prize : Bengt Holmström (MIT)
2011 Junior Prize : Viral V. Acharya (NYU)
2011 Junior Prize : Klaus Adam (Mannheim)
More information about the prizes:
- The Biennal Senior Prize. It carries a cash award of 30,000 euros. The award winner will give a keynote speech in Paris before receiving his award by the governor of the Banque de France.
- The Annual Junior Prize onwards to two economists below the age of 40:
- One to a researcher affiliated with a European-based institution,
- One to a researcher affiliated with an institution based outside Europe.
Laureates of the Junior prize will spend at least four weeks as a visiting scientist between the Banque de France and the Toulouse School of Economics. The Juionr prize carries a cash award of 15,000 euros plus travel and living expenses.
The 2011 Jury
This year’s jury is co-presided by Jean-Pierre Landau (Deputy Governor, Banque de France) and Jean Tirole (President, TSE). The members are:
- Daron Acemoglu (Professor, MIT),
- Stanley Fischer (Governor, Central Bank of Israel),
- Christian Hellwig (Professor, TSE),
- Pierre Jaillet (Director General Economics and International, Banque de France),
- Robert Ophèle (Director General of Operations, Banque de France),
- Jean-Charles Rochet (Professor, TSE),
- David Thesmar (Professor, HEC Paris).