Roger Guesnerie
Encyclopedia
Roger Guesnerie is an economist born in France in 1943. He is currently the Chaired Professor of Economic Theory and Social Organization of the Collège de France
, Director of Studies at the École des hautes études en sciences sociales
, and the Chairman of the Board of Directors of the Paris School of Economics
.
and the École Nationale des Ponts et Chaussées
, Guesnerie has taught at the London School of Economics
, the École Polytechnique, and at Harvard University
. Guesnerie has published widely in economics, including in public economics, in the theory of incentives and economic mechanisms, and in the theory of general economic equilibrium.
(1996), and the European Economic Association
(1994). Guesnerie has been elected as an Foreign Honorary Member of the American Economic Association
and as a Foreign Member of the American Academy of Arts and Science. He has served as co-editor of Econometrica
(1984–1989) and as Foreign Editor of the Review of Economic Studies
. In France, Guesnerie's research has been recognized with the Silver medal of CNRS; he has been declared to be a Chevalier de l'Ordre National du Mérite and Chevalier de la Légion d'honneur.
Collège de France
The Collège de France is a higher education and research establishment located in Paris, France, in the 5th arrondissement, or Latin Quarter, across the street from the historical campus of La Sorbonne at the intersection of Rue Saint-Jacques and Rue des Écoles...
, Director of Studies at the École des hautes études en sciences sociales
École des Hautes Études en Sciences Sociales
The École des hautes études en sciences sociales is a leading French institution for research and higher education, a Grand Établissement. Its mission is research and research training in the social sciences, including the relationship these latter maintain with the natural and life sciences...
, and the Chairman of the Board of Directors of the Paris School of Economics
Paris School of Economics
The Paris School of Economics , created on 21 December 2006 in Paris, France, is a French economics department. The EEP combines researchers from several institutions, including DELTA and INRA...
.
Career
A graduate of the École PolytechniqueÉcole Polytechnique
The École Polytechnique is a state-run institution of higher education and research in Palaiseau, Essonne, France, near Paris. Polytechnique is renowned for its four year undergraduate/graduate Master's program...
and the École Nationale des Ponts et Chaussées
École Nationale des Ponts et Chaussées
Founded in 1747, the École nationale des ponts et chaussées , often referred to as les Ponts, is the world's oldest civil engineering school...
, Guesnerie has taught at the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
, the École Polytechnique, and at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
. Guesnerie has published widely in economics, including in public economics, in the theory of incentives and economic mechanisms, and in the theory of general economic equilibrium.
Honors and responsibilities
Guesnerie has been elected President of several scholarly societies, notably the French Association of Economic Sciences (2002–2003), the Econometric SocietyEconometric Society
The Econometric Society is an international society for the advancement of economic theory in its relation with statistics and mathematics. It was founded on December 29, 1930 at the Stalton Hotel in Cleveland, Ohio....
(1996), and the European Economic Association
European Economic Association
The European Economic Association is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna, Austria...
(1994). Guesnerie has been elected as an Foreign Honorary Member of the American Economic Association
American Economic Association
The American Economic Association, or AEA, is a learned society in the field of economics, headquartered in Nashville, Tennessee. It publishes one of the most prestigious academic journals in economics: the American Economic Review...
and as a Foreign Member of the American Academy of Arts and Science. He has served as co-editor of Econometrica
Econometrica
Econometrica is a peer-reviewed academic journal of economics, publishing articles not only in econometrics but in many areas of economics. It is published by the Econometric Society and distributed by Wiley-Blackwell. Econometrica is one of the most highly ranked economics journals in the world...
(1984–1989) and as Foreign Editor of the Review of Economic Studies
Review of Economic Studies
The Review of Economic Studies is a peer-reviewed academic journal in economics. It was established in 1933 and is published by Wiley-Blackwell. It is the eighth-ranked economics journal in overall impact according to the ranking of Kalaitzidakis et al...
. In France, Guesnerie's research has been recognized with the Silver medal of CNRS; he has been declared to be a Chevalier de l'Ordre National du Mérite and Chevalier de la Légion d'honneur.
Books
- Roger Guesnerie and Henry Tulkens, 2008, The Design of Climate Policy, MIT Press.
- "Assessing Rational Expectations 2: Eductive stability in economics", MIT Press, 2005, 453p.
- "Assessing Rational Expectations: Sunspot multiplicity and economic fluctuations", MIT Press, 2001, 319 p.
- "A contribution to the pure theory of taxation", Cambridge University Press, 1995, 301 pages
Papers
with- Donald J. Brown credited Guesnerie's "seminal" paper with the "major methodological innovation in the general equilibrium analysis of firms with pricing rules", "the introduction of the methods of nonsmooth analysis, as a [synthesis] of global analysis (differential topology) and [of] convex analysis." This paper introduced cone of interior displacements of Dubovickii and Miljutin into economics.
- "General equilibrium when Some firms follow special pricing rules", (with Egbert Dierker and W. Neuefeind), Econometrica, 53, 6, 1985
- This paper stimulated a subfield of economics, devoted to pricing rules, as discussed by Jacques DrèzeJacques DrèzeJacques H. Drèze is a Belgian economist noted for his contributions to economic theory, econometrics, and economic policy as well as for his leadership in the economics profession. Drèze was the first President of the European Economic Association in 1986 and was the President of the Econometric...
:"Starting with a paper in Econometrica by Dierker, Guesnerie and Neuefeind (1985), a theory of general equilibrium has developed for economies with non-convex production sets, where firms follow well-defined pricing rules. In particular, existence theorems of increasing generality cover (to some extent, because of various differences in assumptions) the case of Ramsey-Boiteux pricing. Those interested primarily in applications might express skepticism, perhaps even horrified skepticism, upon realizing that 90 pages of a serious economics journal—a 1988 issue of The Journal of Mathematical Economics—were devoted to existence proofs of equilibrium in non-convex economies, under alternative formulations of the assumption that entails bounded losses at normalized prices. Still, I think that economic research must cover the whole spectrum from concrete applications to that level of abstraction."