Roger Guesnerie

Education

  • Doctorat d’Économie (sur travaux), Université de Toulouse, 1982
  • Institut d’Études Politiques de Paris (Service Public), 1967
  • École Nationale des Ponts et Chaussées, 1967
  • École Polytechnique, 1964

Research career

  • Professeur au Collège de France, depuis 2000
  • Directeur de Recherche de classe exceptionnelle au CNRS 1996-2000
  • Directeur de Recherche 1ère classe au CNRS 1986
  • Directeur d’Études à l’École des Hautes Études en Sciences Sociales (EHESS) 1979
  • Directeur de Recherche au CNRS, 1978
  • Chargé de Recherche au CNRS, 1976
  • Chargé de Recherche au CEPREMAP (Centre d’Études Prospectives et de Recherches en Economie Mathématique Appliquée à la Planification), 1969-1981
  • Chargé de Recherche au CERMAP (Centre d’Études et de Recherches Mathématiques Appliquées à la Planification), 1967-1969

Publications related to this theme

Expectations and Coordination: Endogenous Fluctuations

“General equilibrium, co-ordination and multiplicity on spot markets” in R. Arena and A. Festré(eds)Knowlege, Beliefs and Economics, Edward Elgar, 2006, p.59-80.

“Rational Random Walks”, (with P.A Chiappori), Review of Economic Studies, 60-4, 1993, p.837, 864.

“Sunspots fluctuations around a steady state: The case of multidimensional, one step forward looking models”, (with P.Y Geoffard et P.A Chiappori), Econometrica, 60-5, 1992, p.1097-1126.

“Sunspots and cycles”, (with C.Azariadis), Review of Economic Studies, 53-5, 1986, p. 725-737.

“Stationary sunspot equilibria in an n commodity world”, Journal of Economic Theory, 40-1, 1986, p. 103-104.

“Prophéties créatrices et persistance des théories”, (avec C.Azariadis), Revue économique, 33-5, 1982, p.787-805.

“Endogenous fluctuations”, (with M.Woodford) in Advances in Economic Theory, Econometric Society Monograph, Cambridge University Press , 1992, 289-412.

“Equilibrios con manchas solares, (junto a P.A. Chiappori), Cuadernos Economicos, 47, 1991, p. 113-163.

“Sunspot equilibria in sequential markets models”. (with P.A Chiappori), W. Hildenbrand and H. Sonnenschein eds., North Holland, Hand-book in Mathematical Economics, 4, 1991, p. 1683-1762.

“Anticipations, indétermination, et non-neutralité de la monnaie”. (avec P.A Chiappori) Annales d’Economie et Statistiques, 19, 1990, p.1-25.

“The Lucas equation, indeterminacy and non-neutrality: an example”, (with P.A Chiappori), Essays in honor of Frank Hahn, P. Dasgupta, D. Gale, O. Hart eds., MIT Press. 1990, p. 445-64,

“Modern economic theory and the multiplicity issue”, Economic Record, 65,188, 1989, p. 77-81.

“On Stationary Sunspot Equilibria of Order k”in Economic Complexity: Chaos sunspots, bubbles and non linearity, W. Barnett, J. Geweke, K. Shell eds., Proceedings of the Austin Conference on Economic Complexity, Cambridge University Press, 1989, p. 21- 44,

“Endogenous Fluctuations under Rational Expectations”, (with P.A. Chiappori), European Economic Review, 32, 3, 1988, p. 389-397.

“Notes sur les équilibres à taches solaires en horizon fini”. (avec J.J. Laffont) Ouvrage en l’honneur d’Edmond Malinvaud, Economica-EHESS, 1988, p. 117-144. English translation at M.I.T. Press, 1990.

Expectations and Coordination: ‘Rationality’ of Expectations

Expectational coordination in simple economic contexts: Concepts and analysis with emphasis on strategic substitutabilities, (with pedro jara Moroni),  Journal of Economic Theory, 47-2-3, p. 205-246.

“Macroeconomic and monetary policies from the “eductive” viewpoint” in “Monetary Policy under Uncertainty and Learning”, Klaus Schmidt-Hebbel and Carl Walsh (eds), 2008, Central Bank of Chile Press.

“Coordination on saddle-path solutions, the “eductive” viewpoint, 2- linear multivariate models”, with G. Evans, Journal of Economic Theory, 2005, p. 202-229.

“Coordination on saddle path solutions: 1- Linear univariate models”, (with G. Evans) Macroeconomics Dynamics, 7, 2003, p. 42-62.

“Do prices transmit rationally expected information?” (with G. Desgranges and P.Y. Geoffard) The Journal of the European Economic Association, inaugural issue, 2003, p. 124-153.

“Anchoring Economic Predictions in Common Knowledge”, Econometrica, 70-2, 2002, p. 439-480.

“Short Run Expectational Coordination: Fixed versus Flexible wages”, Quarterly Journal of Economics, 2001, p. 1115-1147.

“(De) stabilizing speculation on futures markets: An alternative view point”, (with J.C Rochet), European Economic Review, 37-5, 1993, p. 1043-1063.

“Theoretical tests of the rational hypothesis in economic dynamical models”, Journal of Economic Dynamics and Control, 17, 1993, p. 847-864.

“Successes and failures in coordinating expectations”, Marshall Lecture, European Economic Review, 37-2, 1993, p. 243-268.

“Rationalizability strong rationality and expectational stability”, (with G.Evans), Games and Economic Behaviour, 5-4, 1993, p. 632-646.

“An Exploration of the eductive justification of the rational expectations hypothesis”, American Economic Review, 82-5, 1992, p. 1254-1278, reprinted in “Intellectual Legacies in Modern Economics” (Edwards Elgar).

“Strategic Substitutabilities versus Strategic Complementarities: Towards a General Theory of Expectational Coordination?”, Revue d’économie politique, 2005, p. 393-412.

“Introduction to the special issue: coordination in dynamic expectations models: Learning and sunspots”, Macroeconomic Dynamics, 7, 2003, p. 3-6, Cambridge University Press.

“Equilibre général, coordination et multiplicité sur les marchés au comptant”, Revue d’économie politique, 112-5, 2002, p. 671-692.

“On the Robustness of the Analysis of Expectational Coordination : From 3 to n+2 goods “, in Economic Essays, a Festschrift for Werner Hildenbrand, G. Debreu, W. Neuefeind, W. Trockel, editors, 2001, p. 141-158, Springer, abridged version of Delta DP {2000-22}.

“Anticipations rationnelles”, Dictionnaire de Sciences Economiques, Presses Universitaires de France, 2001, p. 21-27.

“The Governement and Market expectations”, Journal of Institutional and Theoretical Economics, 157-1, 2001, p.116-126.

“Common Knowledge and the information revealed through prices : some conjectures”, (with G. Desgranges), in Price expectations in Goods and Financial Markets, F. Gardes and G. Prat, editors, 2000, p. 52-62, Edwards Elgar.

“Rationalité et anticipations rationnelles”, dans Le modèle et l’enquête. Les usages du principe de rationalité dans les sciences sociales. Paris, éditions de l’EHESS, 1995.

“Est-il rationnel d’avoir des anticipations rationnelles?”, L’Actualité Economique, 68-4, 1992, p. 544-559.

“Stability of cycles with adaptive learning rules”, (with M.Woodford) in Equilibrium Theory and Applications: Proceedings of the Sixth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991, p. 110-133.

“A propos de la rationalité des anticipations rationnelles” : dans Actes du Colloque “Les économistes face aux fluctuations des marchés boursiers”, Paris, Economica, 1989, p. 29-43.