École d'économie de Paris
|Motto||La science économique au service de la société|
Motto in English
|Economics serving society|
|Established||2006 as an independent institution 1988 under a different name/institution|
The Paris School of Economics (PSE; French: École d'économie de Paris) is a French research institute in the field of economics. It proposes M.Phil., M.Sc., and Ph.D level programmes in various fields of theoretical and applied economics, including macroeconomics, econometrics, and international economics. The school is intended to participate in both the elaboration of sophisticated tools of economic analysis, and their application to policy at both the public and private level.
PSE is a brainchild of the École des Hautes Études en Sciences Sociales (where the students are enrolled primarily), the École Normale Supérieure and the École des Ponts, and it is physically located on the ENS campus of Jourdan in the 14th arrondissement of Paris. It was founded in 2006 as a coalition of universities and grandes écoles to unify high-level research in economics across French academia, and was first presided by economist Thomas Piketty. Since its foundation it has gained a certain amount of academic weight, and according to a ranking released by project RePEc in January 2016, it was ranked as the seventh-best university-level economics department in the world. Paris School of Economics' ranking has consistently risen since it was listed on the rankings on RePEc.
Created in December 2006, the Paris School of Economics has the status of fondation reconnue d'utilité publique (a Public interest foundation). This status allows PSE to draw on both public and private funding.
PSE is one of the "Fondation de Coopération Scientifique" (Scientific Research Foundations) a new type of foundation created by the Government to develop centres of excellence in France. Scientific Research Foundations operate according to the same rules as Public interest foundations.
The creation of the Paris School of Economics is the final chapter of the long gradual process of bringing together and finally merging a number of different research units in Economics. This process started at the end of the 1980s.
The foundation offers teaching through three Master programmes (APE, ETE and PPD) and a PhD programme (within EDE-EPS).
Paris School of Economics' APE program in particular drew wide attention nationally when 7 of the 25 Top Young Economists listed by IMF were revealed to hold APE degree. The graduate program Analysis and Policy in Economics (APE) offers high-level, research-oriented courses in theoretical and applied economics. The APE programme is jointly organized by French academic institutions like the École des Hautes Études en Sciences Sociales (EHESS), the École Normale Supérieure (ENS), the École Nationale de la Statistique et de l'Admiministration Économique (ENSAE), and the École des Ponts ParisTech (ENPC).
The ETE graduate program "Theory and Empirical Methods in Economics" of University Paris 1 Panthéon Sorbonne in the Paris School of Economics selects around 60 students to offer them research-based teaching through activities in microeconomics, macroeconomics, econometrics and international economics. Beginning in fall 2016, the ETE program is merged with the APE program.
This program aims to prepare students to become experts in designing, analysing and evaluating public policies in both developed and developing countries. It combines training in analytical and quantitative economic methods with an emphasis on both policy and practice. It is jointly organized by French academic institutions like the École des Hautes Études en Sciences Sociales (EHESS), the École Normale Supérieure (ENS), and the École des Ponts ParisTech (ENPC).
The doctoral programme lasts in average 3 years during which students write their thesis within one of PSE laboratories. This programme is organized within the École Doctorale d'Économie (ED465) that gathers research teams in Economics and related fields (applied mathematics, statistics, sociology) of the University Paris 1, EHESS, ENS and ENPC. During their PhD, students have access to the exchange programs of the Paris School of Economics to expand their work.
Its contributory economics faculties, including the Ecole Normale Superieure, École des Hautes Études en Sciences Sociales, the Ecole Polytechnique and ENSAE, are ranked between the top 13 among 53 departments worldwide by publication output of the top five scholars. According to the global economics departments ranking released in December 2016 by RePEc, Paris School of Economics was ranked at 7 worldwide, 2nd in Europe, 1st in France.
The Paris School of Economics has exchange students programs with some universities such as New York University or the University of California, Berkeley. It is also member of many exchange networks :
The World Inequality Report 2018 compiled by Facundo Alvaredo, Lucas Chanel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman was released on December 14, 2017 at the Paris School of Economics during the first WID.world Conference held on December 14 and December 15, which was sponsored by the Paris School of Economics, the Institute for New Economic Thinking (INET), the Washington Center for Equitable Growth (CEG), the Ford Foundation, and the European Research Council. World Wealth and Income Database (WID), an open source database, which is part of an international collaborative effort of over a hundred researchers in five continents. The WID is an extension of the earlier World Top Incomes Database (WTID).