Xavier Gabaix


Xavier Gabaix, winner of the 10th edition of the Bernácer Prize

The Committee Members of the Germán Bernácer Prize, Prof. Lucas Papademos (Chair), Prof. Juan J. Dolado (Secretary), Prof. Francesco Giavazzi, Prof. Jordi Galí, Prof. Edward C. Prescott, Prof. Eduardo Schwartz, Dr. José Viñals and Prof. Charles Wyplosz have the pleasure of announcing that:

 “The 10th edition of the Germán Bernácer Prize has been awarded to Prof. Lasse Heje Pedersen (Harvard University) for his original research contributions in financial and behavioural economics, including the consequences of seemingly irrational behaviour on asset markets, and his analysis of the level of compensation of corporate executives.

Xavier Gabaix (France) is an economics professor at Harvard University and he combines this job with Research positions in the NBER and CEPR. He studied mathematics at the Ecole Normale Supérieure (Paris) and in 1999 he obtained his PhD in Economics at Harvard University. His research interest are financial economics and macroeconomics. In 2015 he received that Maurice Allais Economics Prize for his remarkable work on "limited rationality".   In 2012, he was one of the recipients of the Lagrange Prize for research on complex systems, together with Lada Adamic, a specialist in social networks analysis. And before this, in 2011, he was awarded the Prix du meilleur jeune économiste de France, a prize awarded yearly to a French economist under forty years of age "who has combined recognized expertise with active participation in public debate".

He has published widely cited papers in leading journals like American Economic Review, Journal of Finance, Physical Review, Quarterly Journal of Economics, Review of Financial Studies, etc.

The award ceremony took place in Madrid on June 1st, 2011.

Xavier Gabaix's Webpage: http://economics.harvard.edu/people/xavier-gabaix