How modern economics learned French: Jacques Drèze and the foundation of CORE

Düppe, Till

doi:10.1080/09672567.2016.1168465

Cited by 12 publications

(10 citation statements)

References 32 publications

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“…This eventually became an annual series, co-organised by Portes (from 1979Portes (from to 1986MSH Information, 01/1979;08/1981;Summer/1986). 14 In this process of establishing a European research network for economics, a Belgian research centre-the Center for Operations Research and Econometrics (CORE)-had held a leading role well before the creation of the CEQC (Maes and Buyst, 2005;Düppe, 2017). The CORE was established by Jacques Drèze in 1966 at Université Catholique de Louvain, on the model of the Cowles Commission and the Carnegie Institute of Technology, which Drèze visited in the 1950s (Düppe, 2017).…”

Section: The Isom and European Economicsmentioning

confidence: 99%

“…across the world, in particular new academic departments and research centres. For instance, departments started favouring the recruitment of economists with international experience (see Ikeo, 1996 for Japan or Helgadóttir, 2016 for Italy); research centres supported specific initiatives fostering the international circulation of personnel and ideas (Düppe, 2017). Finally, US-inspired training programmes (notably for PhDs) were established (see Backhouse, 1996 for the UK).…”

Section: Introductionmentioning

confidence: 99%

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European Economics and the Early Years of the International Seminar on Macroeconomics

Goutsmedt¹,

Renault²,

Sergi³

2021

Revue d'Économie Politique

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The International Seminar on Macroeconomics (ISoM) is an annual conference, which was co-sponsored during 15 years (1978)(1979)(1980)(1981)(1982)(1983)(1984)(1985)(1986)(1987)(1988)(1989)(1990)(1991)(1992)(1993) by the French EHESS and the NBER. This article uncovers the scientific and institutional dynamics unrolling from this cooperation. We argue that the ISoM contributed greatly to the making of a European network of economists sharing similar professional and intellectual standards: indeed, the Seminar gathered macroeconomists who were leading the development of this European network.We illustrate how the ISoM stood at the crossroad of two types of 'internationalisation' of economics: the integration of European national communities and the process of 'Americanisation' of economics. While existing literature on 'internationalisation' focuses on the national level, our contribution investigates the European level. Moreover, we unveil how two research programmes in macroeconomics (namely the disequilibrium theory and large-scale macroeconometric modelling) played a significant role in this process.

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Section: The Isom and European Economicsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

European Economics and the Early Years of the International Seminar on Macroeconomics

Goutsmedt¹,

Renault²,

Sergi³

2021

Revue d'Économie Politique

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show abstract

“…In this process of internationalisation of European economics, a Belgian research centre-the Center for Operations Research and Econometrics (CORE)had held a leading role well before the creation of the CEQC (Maes and Buyst, 2005;Düppe, 2017). The CORE was established by Jacques Drèze in 1966 at Université Catholique de Louvain, on the model of the Cowles Commission and the Carnegie Institute of Technology, which Drèze visited in the 1950s (Düppe, 2017). The CORE promoted economic research based on mathematics, statistics, and econometrics.…”

Section: The Isom and European Economicsmentioning

confidence: 99%

“…2 These changes in 'style' were supported by national institutions, in particular new academic departments or research centres. For instance, departments started favouring the recruitment of economists with international experience (see Ikeo, 1996 for Japan or Helgadóttir, 2016 for Italy); research centres supported specific initiatives fostering the international circulation of personnel and ideas (Düppe, 2017). Finally, US-inspired training programmes (notably for PhD) were established (see Backhouse, 1996 for the UK).…”

Section: Introductionmentioning

confidence: 99%

European Economics and the Early Years of the 'International Seminar on Macroeconomics'

2019

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The International Seminar on Macroeconomics (ISoM) is an annual conference, which was co-sponsored, during 15 years (1978-1993) by the French EHESS and the NBER. This article uncovers the scientific and institutional dynamics unrolling from this cooperation. The ISoM, we argue, constituted a decisive step towards the making of a European network of economists, sharing a distinctive style of economics, insofar that the Seminar gathered macroeconomists who were leading the development of this European network. We illustrate how the ISoM stands at the crossroad of two types of 'internationalisation' of economics: on the one hand, the integration of European national communities; on the other hand, the process of 'Americanisation' of economics. While existing literature on 'internationalisation' focuses on the national level, our contribution investigates its European level. Moreover, we unveils the key role played in this process by macroeconomics-and more specifically, large-scale macroeconometric modelling on the one hand, and the disequilibrium theory on the other hand. These two approaches provided a common research agenda and shared scientific standards for the emerging network.

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“…In 1972 Grandmont received an invitation from Drèze to spend a year at CORE as a visiting research professor. CORE had been founded in 1966, and had quickly become the major research center in mathematical economics outside the United States (see Düppe (2017)). It was modelled after the Cowles Foundation, and Grandmont was immediately attracted by the American style of doing research at CORE: a well-functioning Working Paper series, strong interactions between researchers, frequent seminars and many visitors from abroad.…”

Section: The 1970smentioning

confidence: 99%