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European Centre for Advanced Research in Economics and Statistics [European Centre for Advanced Research in Economics and Statistics] (ECARES)
Institut d'études européennes / institute of European Studies - Section économique
Faculté Solvay Brussels School of Economics and Management - Economie (unité ULB091)

Inauguré le 30 novembre 1991, ECARES a été conjointement créé par l'Institut d'Etudes Européennes de l'Université Libre de Bruxelles et le CEPR, un réseau d'environ 500 chercheurs en Europe. En automne 1997, ECARE a fusionné avec le CEME lui-même fondé dans les années 70 à l'ULB, avec comme but, de favoriser la recherche internationale quantitative en économie à l'ULB. Enfin, à l'automne 1999, la collaboration avec les statisticiens de l'ULB s'est officialisée avec la fusion du centre et de l'ISRO. ECARE s'appelle désormais ECARES. Ces changements ont renforcé les connections entre la recherche en économie, l'économétrie et la statistique tout en gardant nos engagements d'excellence et d'internationalisation. Une des missions d'ECARES est d'encourager la recherche de haute qualité en économie, en mettant l'accent sur les problèmes politiques relatifs à l'Europe de l'Est et de l'Ouest, et de fournir un point de rencontre pour les économistes de tous secteurs. En 2006, ECARES et le Center for Operation Research and Econometrics (CORE) de l'Université Catholique de Louvain, ont conclu un accord qui les associe dans un centre dénommé ECORE. ECORE intégrera les activités de recherche et les programmes doctoraux des deux institutions. Cette association renforce leur position internationale en économie, finance, recherche opérationnelle, économétrie et statistique. [Inaugurated on November 30, 1991, ECARES (European Center for Advanced Research in Economics and Statistics) is a joint initiative of the Institut d'Etudes Européennes (IEE) at the Université Libre de Bruxelles (ULB), and of the Centre for Economic Policy Research (CEPR), a network of around 500 researchers in Europe. In the Fall of 1997, ECARE then merged with the Centre d'Economie Mathématique et d'Econométrie, CEME, which had been founded at ULB in the 1970's, with as purpose to foster international quantitative research in economics at ULB. And in the Fall of 1999, the collaboration with statisticians from ULB's Institut de Statistique et de Recherche Opérationnelle (ISRO) was officialized by the transformation of ECARE into ECARES, the 'European Centre for Advanced Research in Economics and Statistics'. These two institutional developments of the last years have thus gone in the same direction: strengthening the connection between research in economics, econometrics and statistics while keeping our commitment to excellence and internationalization. One mission of ECARES is to encourage high-quality research in economics with special emphasis on policy issues relevant to Western and Eastern Europe, and to provide a meeting place for academics, professional economists, and civil servants from the EC Commission. On the academic side, ECARES keeps serving as a force of attraction to recruit at ULB a number of non-Belgian researchers of international reputation, who have taught in the best universities in the world. Combined with the extensive international experience of the Belgian researchers at ECARES, this feature gives our research centre a diversity which is among the highest in Europe. In 2006, ECARES and the Center for Operation Research and Econometrics (CORE) of the Université Catholique de Louvain signed an agreement that associates both institutions in a center of excellence called ECORE. ECORE integrates the research activities and the doctoral programs of both institutions. It promotes their position on the international scene in the fields of economics, finance, operations research, econometrics and statistics.]

coordonnées / contact details

European Centre for Advanced Research in Economics and Statistics [European Centre for Advanced Research in Economics and Statistics]
tel +32-2-650.30.75 / 41.38 / 38.38, fax +32-2-650.44.75 / 33.69,
Campus du Solbosch, Bâtiment R42: 5ème et 6ème niveaux et bâtiment H: 4ème niveau
CP114, avenue F.D. Roosevelt 50, 1050 Bruxelles

Pour en savoir plus, consultez le site web de l'unité.

responsable / head


composition / members


projets / projects

Politique de la Concurrence [Competition Policy]

Gouvernance des Entreprises Privées et Publiques [Corporate and Public Governance]

Economie de l'Art et de la Culture [Economics of Art and Culture]

Economie de l'Environnement [Environmental Economics]

Intégration Européenne, Economie des Pays en Transtition et Commerce International [European Integration, Transition Economics and International Trade]

Economie Expérimentale et Economie du Comportement [Experimental and Behavioral Economics]

Economie et Econométrie Financière [Financial Economics and Econometrics]

Organisation Industrielle ; Théorie des Contrats ; Enchères [Industrial Organization, including Contracts and Auction Design]

Politiques Linguistiques [Linguistic Policies]

Théorie Macroéconomique, Croissance et Cycles [Macroeconomic Theory, Growth and Cycles]

Economie Politique et Décisions Collectives [Political Economics and Collective decisions]

Politique de la recherche [Research Policy]

Statistique, Théorie et Application [Statistics, Theory and Applications]




KOULISCHER, François - Essays in Financial Economics, 2016

VANDER ELST, Harry-Paul - Measuring, Modeling and Forecasting Volatility and Correlations from High-Frequency Data, 2016

AQUILANTE, Tommaso - Essays in International Trade and Political Economy, 2015

CAMOS DAURELLA, Daniel - Essays on the Electricity Sector in Developing Countries, 2015

EQUIZA GONI, Juan - Fiscal Policy Analysis of Highly Indebted Economies, 2015

D'AOUST, Olivia - Post-War Economics: Micro-Level Evidence from the African Great Lakes Region, 2015

SRAIEB, Mohamed Mounir - Policies for Development Aid, 2015

DE CHIARA, Alessandro - Essays in Regulation and Organizational Economics, 2015

BODY, Olivier - Essays on Costly and Truthful Communication, 2014

RACIBORSKI, Rafal - Topics in Macroeconomics and Finance, 2014

DOMINICY, Yves - Quantile-Based Inference and Estimation of Heavy-Tailed Distribution, 2014

BRUFFAERTS, Christopher - Contributions to Robust Methods in Nonparametric Frontier Models, 2014

MANNA, Ester - Essays on Behavioral Economics, 2014

MINNE, Geoffrey - The Role of Information in Exchange Rate Policy and the Reaction of Bank during the 2007/08 Crisis, 2014

CEULEMANS, Cédric - Three Essays in the Economics of Music: Reputation and Success of Musicians, 2013

DANGUY, Jérôme - Essays on the Globalization of Innovation Using Patent-Based Indicators, 2013

PAPA, Gianluca - Essays on Econometrics of Panel Data and Treatment Models, 2013

SLECHTEN, Aurélie - Policies and Climate Change, 2013

GARSOUS, Grégoire - Essays in Infrastructure and Environmental Policies, 2013

GOORIS, Julien - The Impact of Host-Country Environment and Home-Host Country Distance on the Configuration of International Service Activities, 2013

MANTOVANI, Marco - Essays in Forward Looking Behavior in Startegic Interactions, 2013

VAN BEVER, Germain - Contributions to Nonparametric and Semiparametric Inference Based on Statistical Depth, 2013

KELLER, Joachim - Essays on Innovation and Investment Decisions under Imprefect Competition, 2013

BERGER, Loic - Essays on the Economics of Risk and Uncertainty, 2012

CICCONI, Claudia - Essays on Macroeconometrics and Short-Term Forecasting, 2012

CONFLITTI, Cristina - Essays on the Econometrics of Macroeconomic Survey Data, 2012

FOUCART, Renaud - Essays in Product Diversity and Urban Transportation, 2012

LIEBERMANN, Joelle - Essays in Real-Time Forecasting, 2012

MATHIAS, Charles - Essays in Comovement of Financial Markets, 2012

MEJER, Malwina - Essays on Patent Systems and Academic Patenting, 2012

PANIDI, Ksenia - Essays on the Application of Behavioral Economic Concepts to the Analysis of Health Behavior, 2012

ZEUGNER, Stefan - Macroeconometrics with High-Dimentional Data, 2012

ALF, Abdelkamel - Contribution to the Estimation of VARMA Models with Time-Dependent Coefficients, 2012

MODUGNO, Michele - An Area-Wide Real-Time Database for the Euro Area, 2011

MONTI, Francesca - Combining structural and reduced-form models for macroeconomic forecasting and policy analysis, 2011

KARL, Claudio - Three Essays on the Economics of the Postal Sector, 2011

DE RASSENFOSSE, Gaétan - Essays on the Porpensity to Patent: Measurement and Determinants, 2010

CASTRO IRAGORRI, Carlos - Essays in Dependence and Optimality in Large Portfolios, 2010

DE ANTONIO LIEDO, Antonio - Structural Models for Macroeconomics and Forecasting, 2010

CASINI, Paolo - The Indutrial Organization of Financial Services in Developing and Developed Countries, 2010

ARIAS, Elena - Essays on the Economics of Higher Education: Determinants of Success, Drop-out and Degree Completion, 2010

CALDERA, Aida - Firms, Technology and Trade, 2010

LEY, Christophe - Univariate and Multivariate Symmetry; Statistical Inference and Distributional Aspects, 2010

MALHERBE, Frédéric - Essays on the Macroeconomic Implications of Information Asymmetries, 2010

BANBURA, Marta - Essays in Dynamic Macroeconometrics, 2009

BOUTON, Laurent - Essays in Game Theory Applied to Political and Market Institutions, 2009

CORONEO, Laura - Essays on Modelling and Forecasting Financial Time Series, 2009

DAVID, Quentin - Five Essays on Human and Social Capital, 2009

HERBAUX, Denis - Three essays on Social Capital, Social Norms, and Social Identity, 2009

PETKOVIC, Alexandre - Three Essays on Exotic Option Pricing, Multivariate Levy Processes and Linear Aggregation of Panel Models, 2009

SILVESTRINI, Andrea - Essays on Aggregation and Cointegration of Econometric Models, 2009

TANIAI, Hiroyuki - Inference of the Quantiles of ARCH Processes, 2009

CIMADOMO, Jacopo - Essays on Systematic and Unsystematic Monetary and Fiscal Policies, 2008

LISKA, Roman - Three Essays on Spectral Analysis and Dynamic Factors, 2008

SANTOS MONTEIRO, Paulo - Essays on Uninsurable Individual Risk and Heterogeneity in Macroeconomics, 2008

SEBALD, Alexander - Essays on Behavioral Economics, 2008

VERDEBOUT, Thomas - Optimal Inference for One-Sample and Multisample Principal Component Analysis, 2008

VESPRO, Cristina - Essays on Undesrtanding Financial Architecture, 2008

WALCKIERS, Alexis - Three essays on the Economics of Science and Higher Education, 2008

D'AGOSTINO, Antonello - Understanding Co-Movements in Macro and Financial Variables., 2007

HITES, Gisèle : Essays on the dynamics of cross-country income distribution and intra-household time allocation., 2007

CASSART Delphine : Optimal Tests for Symmetry, 2007

LENZA Michele : Essays on Monetary Policy, Saving and Investment, 2007

SPECIALE Biagio - Essays on the Economics of Education and Migration, 2007

JANIAK Alexandre - Job Reallocation in Periods of Structural Change, 2007

DESCHAMPS, Bruno - Essays on Strategic Forecasting and Hyperbolic Discounting, 2006

EMIRIS, Marina - Essays on Macroeconomics and Finance, 2006

VAN ROY, Patrick - Essays on the Economics of Banking and the Prudential Regulation of Banks, 2006

YADINE, Abdelilah - Robustness and Efficiency of Multivariate Scatter Estimators, 2006

SOIL, Christophe - Essays on Organizations and Technological Progress, 2005

BRAMATI, Maria Caterina - Some Robust Methods in the Analysis of Multivariate Time Series, 2005

LAZZARO, Elisabetta - Essays in Cultural Economics, 2005

STEPANOV, Sergey - Essays on Law and Corporate Governance, 2005

GIANNONE, Domenico - Essays on Dynamic Factor Models of Large Cross-Sections, 2004

CRUTZEN, Benoit - Essays on the economics of parties and information-based discrimination, 2004

PROTO, Eugenio - Stagnation and Instability in the Less Developed Economies, 2004

SMEETS, Valérie - Incentives, Sorting and Personnel Policies in Economics Departments, 2004

OUAKASSE, Abdelhamid - Estimation par récurrence dans le contexte d'un modèle dynamique. Propriétés des estimateurs et mise en oeuvre de la méthode, 2004

SALA, Luca - Essays in Monetary and Fiscal Policy, 2003

VERARDI, Vincenzo - The Economics of Electoral Systems, 2003

SAIDI, Abdessamad - Modèles ARMA multivariés. Estimation et tests de non-corrélation, 2003

COUPE, Tom - Essays on the Behavior of Scientists and Universities, 2002

NOURY Abdul - Essays in Economics of Political Behavior, 2002

PAINDAVEINE, Davy - Optimal Invariant Signed Rank Tests for Elliptically Symmetric Location and Time Series Problems, 2002

SELMOUNI, Mohamed - Estimation adaptive dans les modèles ARCH semi-paramétriques avec une tendance linéaire, 2002

LORANTH, Gyongyi - Essays on Financial Markets Strategies, 2002

ALBERTAZZI, Ugo - Essays in the Economics of Financial Markets and Institutions, 2001

AYADI, Abdelghafour - On the Numerical and Statistical Properties of Autocorrelations and Partial Autocorrelations, 2001

CHEN, Natalie - Essays in Empirical International Economics : The Case of European Product and Labour Market Integration, 2001

DEHON, Catherine - New contributions to robust regression and multivariate analysis, 2001

EL BANTLI, Faouzi - M-Estimation Under Nonstandard Conditions and Inference Based on Autoregression Quantiles and Autoregression Rank Scores, 2001

LAMORGESE, Andrea - Essays on the Economics of the Economics of Cities, 2001

LIEGEOIS, Philippe - Essais en économie dynamique appliquée, 2001

DESSEIN, Wouter - Essays on the Theory of Organizations and Network Industries, 2000

MELISSAS, Nicolas - Essays on Herding, Strategic Waiting and Cheap Talk, 2000

VERMANDELE, Catherine - Semiparametrically Efficient Sign-and-Rank Methods for Median Regresssion and AR Models, 2000

SAADI, Tahar - Méthodes de comparaison par paires et critères de Condorcet dans un usage statistique, 2000

CHAPELLE Ariane - Essays on the Economics of Banking and Corporate GovernanceEssays on the Economics of Banking and Corporate Governance, 1999

DEBANDE, Olivier - Relying on market mechanisms to organize the public sector : a contractual perspective, 1999

FERNANDES, Marcelo - Essays on the Econometrics of Continuous-Time Finance, 1999

FIDRMUC, Jan - The Political Economy of Reform in Central and Eastern Europe, 1999

FRAGA, Maria (Maria do Rosario Fraga Oliveira Martins) - The use of nonparametric and semiparametric methods based on kernels in applied economics with an application to Portuguese female labour market, 1999

PAPANDROPOULOS, Pénélope - Issues in European Competition Policy: Lobbying, Reputation and R&D co-operation, 1999

RIVIERE, Anouk - Countries, Constituencies and Parties : Three Essays in Political Economics and on the Strategic Aspects of Voting, 1999

BAUDEWYNS, Didier - Economie urbaine et localisation : essais sur les interactions stratégiques et spatiales des agents économiques, 1998

CASTANHEIRA DE MOURA, Micael - Essays on Strategic Voting on the Speed of Transition, 1998

CZUJACK, Corrina - An Economic Analysis of Price Behaviour in the Market for Paintings and Prints, 1998

FUSS, Catherine - Contributions to the Empirical Analysis of Convergence in the European Union, 1998

JAHJAH, Samir - Disequilibria and Credibility in International Monetary Arrangements, 1998

SIOTIS, Georges - Technological Diffusion, Foreign Direct Investment, and Convergence, 1997

FRIEBEL, Guido - Essays in the Theory of Organisations : Privatisation, Control and Hierarchy, 1996

ESTACHE, Antonio - Essays on the Importance of Uncertainty and Decentralization for Public Sector Policies, 1995


Katholieke Universiteit Leuven, Faculty of Economics, Leuven, Belgique

Université de Mons-Hainaut, Economics and Management, Mons, Belgique

Facultés Universitaires Saint Louis, Centre de Recherche en Economie, Faculté des Sciences Economiques, Sociales et Politiques, Bruxelles, Belgique

Universiteit Antwerpen, UFSIA, Department of Economics, Antwerpen, Belgique

Université des Sciences Sociales (Toulouse 1), Toulouse, France

Facultés Universitaires Catholiques de Mons, Mons, Belgique

Center for Financial Studies, Frankfurt, ALLEMAGNE (REP.FED.)

Center for Economic Policy Research, Londres, Grande-Bretagne

Centre de Estudios Monetarios y Financieros (CEMFI), Madrid, Espagne

Ecole Polytechnique Fédérale de Lausanne, Lausanne, Suisse

European University Institute, Florence, Italie

Facultés Universitaires Notre-Dame de la Paix, Namur, Belgique

Graduate Institue of International Studies, Geneva, Suisse

Harvard College, Harvard, Etats-Unis (USA)

Istituto di Analisi dei Sistemi ed Informatica, Rome, Italie

Katholieke Universiteit Brabant, Tilburg, Pays-Bas

Limburgs Universitair Centrum, Hasselt, Belgique

London Business School, Londres, Grande-Bretagne

London School of Economics and Political Science, London, Grande-Bretagne

Massachussetts Institute of Techonology, Boston, Etats-Unis (USA)

Norwegian School of Economics and Business Administration, Bergen, Norvège

Pennsylvania State University, University park, Etats-Unis (USA)

Princeton University, Princeton, Etats-Unis (USA)

Stockholm School of Economics, Stockholm, Suède

Tel Aviv University, Tel Aviv, Israël

Tilburg University, Tilburg, Pays-Bas

Tinbergen Institute, Amsterdam, Pays-Bas

Trinity College, Dublin, Irlande

Universidad Carlos III, Madrid, Espagne

Universidade de Lisboa, Lisbonne, Portugal

Università degli Studi di Genova, Genova, Italie

Universitat Autonoma de Barcelona, Barcelona, Espagne

Universitat Pompeu Fabra, Barcelona, Espagne

Universität Bonn, Bonn, ALLEMAGNE (REP.FED.)

University College London, Londres, Grande-Bretagne

University of Oxford, Oxford, Grande-Bretagne

Yale University, Yale, Grande-Bretagne

prix / awards

Hicks-Tinbergen Medal 2000 (jointly with Ernst Fehr and Arno Riedl), awarded by the European Economic Association for the best article published in the European Economic Review in the past two years - Georg KIRCHSTEIGER

Medal of the Faculty of Mathematics and Physics, Charles University, Prague, 2006. - Marc HALLIN

Francqui Chair at the Katholieke Universiteit Leuven, Fall 2005. - Marc HALLIN

Francqui Prize, awarded by the Francqui Foundation, 1998. - Mathias DEWATRIPONT

Laureate of the Jahnsson Medal, awarded by the Jahnsson Foundation and the European Economic Association, 2003. - Mathias DEWATRIPONT

Laureate of the Gottfried E. Noether Young Scholar Award given by the American Statistical Association, in recognition of ''significant research accomplishments in nonparametric statistics''. - Davy PAINDAVEINE

Le Prix Adolphe Wertems, décerné par la Classe des Sciences de l'Académie Royale Belge. Ce prix, crée en 1926, est décerné chaque année aux découvertes ou inventions les plus utiles dans le domaine des sciences mathématiques et physiques, et dans celui des sciences naturelles, faites par un Belge pendant l'année précédente. - Davy PAINDAVEINE

European Research Council as one of the 300 recipients (out of 9,167 applicants in all fields of research) of an 'ERC Starting Independent Grant'.A graduate of Université Libre de Bruxelles and Harvard University, Estelle was subsequently on the Faculty of Harvard Business School, and came back to ECARES (Université Libre de Bruxelles) as Permanent Researcher (Chercheur Qualifié) at Fonds National de la Recherche Scientique. Her general research area concerns auctions and industrial organization. Her ERC research project is entitled 'Market Design and the Evolution of Markets'. - Estelle CANTILLON

Bram De Rock (ECARES, Université Libre de Bruxelles and ECORE), Laurens Cherchye (KU Leuven) and Frederic Vermeulen (Tilburg University) have been awarded the VVE prize. The society for Flemish economists (Vereniging voor Vlaamse Economisten) grants this two yearly award to the best paper written by Flemish economists under the age of 35. - Bram DE ROCK

Richard F. Fenno Award for the Best Book Published in the Field of Legislative Studies in 2007. The award is given by the LegislativeStudies Section of the American Political Science Association for their co-authored book, Democratic Politics in the European Parliament, Cambridge University Press, 2007 - Abdul NOURY Gérard ROLAND

member of the Royal Academy of Belgium - Technology & Society Class. - Andre SAPIR

Research Council Award of the Humanities and Social Science Group - Bram DE ROCK

Honorary Senior Research Associate at University College London - Bram DE ROCK

Honorary Visiting Professor at Cass Business School - David VEREDAS

member of the Classe des Sciences de l'Académie Royale de Belgique. - Marc HALLIN

member of the Académie Royale De Belgique - Mathias DEWATRIPONT

Research Council Award is awarded in each group in recognition and stimulation of promising young researchers from KU Leuven. The 2012 Research Council Award is awarded to Bram De Rock of the Humanities and Social Science Group, Bert Vercnocke of the Science, Engineering and Technology Group and Bram-Ernst Verhoef of the Biomedical Sciences Group. - Bram DE ROCK

Bank of Santander Chair of Excellence of the University Carlos III - David VEREDAS

mots clés pour non-spécialistes / keywords for non-specialists

ecole doctorale econometrie economie finance statistique

disciplines et mots clés / disciplines and keywords

Arts Commerce international Croissance et choix intertemporel Cycles et fluctuations économiques Econométrie et méthodes statistiques : théorie et applications Economie de l'entreprise Economie de l'environnement et des ressources naturelles Economie de l'incertitude Economie de transition Economie européenne Economie financière Economie industrielle Economie politique Esthétique Gestion culturelle Linguistique appliquée Macroéconomie et économie monétaire Microéconomie Modèles mathématiques d'aide à la décision Politique scientifique Processus stochastiques Production, contrats et organisations Statistique appliquée Statistique mathématique Théorie de la décision et des choix collectifs Théorie de la décision et des jeux Théorie des jeux et de la négociation

arts commerce international croissance et choix intertemporel cycles et fluctuations economiques econométrie financière economie de la transition economie du comportement economie expérimentale economie financière economie industrielle economie indutrielle economie monétaire economie politique elections environnement esthétique appliquée ethique gestion culturelle gestion des universités gouvernance des entreprises integration européenne langues officielles linguistique appliquée macroéconomie marchés boursiers modèles linguistiques politique de la concurrence politique scientifique pollution ressources naturelles statistique statistique appliquée statistique mathématique statistique robuste statistique semi et non-paramétrique théorie des contrats théorie des enchères théorie des jeux théorie du vote