The Banque de France and the Toulouse School of Economics have awarded prizes to six researchers for their work in monetary economics and finance

Paris, le 19 June 2024

The 2022 and 2024 winners were rewarded for the scientific quality of their research, as well as for the relevance of their work to economic policy decisions. For each edition, a senior prize in monetary economics and finance and two junior prizes, for researchers who obtained their doctorate less than 20 years ago, one in finance and the other in monetary economics and macroeconomics, have been awarded at each ceremony to. 

For 2022:
•    The Senior Prize in Monetary Economics and Finance was awarded to Ricardo Caballero;
•    The Junior Finance Prize was awarded to Ulrike Malmendier;
•    The Junior Money and Macroeconomics Prize was awarded to Benjamin Moll. 

For 2024: 
•    The Senior Prize in Monetary Economics and Finance was awarded to Hélène Rey;
•    The Junior Finance Prize was awarded to David Sraer;
•    The Junior Prize for Money and Macroeconomics was awarded to Matteo Maggiori.

The awards ceremony was preceded by a conference at which the academic contributions of the winning researchers were presented in the light of current central banking issues. The winners took part in two round table discussions on global capital flows in the post-pandemic era, and the challenges for monetary policy after the 2022-23 inflation peak. These panels were followed by a Q&A session open to the public. You can watch a replay of the ceremony here.
 
The event was chaired by François Villeroy de Galhau, Governor of the Banque de France, Agnès Benassy-Quéré, co-chair of the jury and second Deputy Governor of the Banque de France, and Jean Tirole, co-chair of the jury, Honorary Chairman of the Toulouse School of Economics and winner of the 2014 Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel (‘Nobel Prize in Economics’).

 “High-level economic research makes a decisive contribution to central bank action in the areas of monetary stability, financial stability and the resilience of payment systems. Through this series of prizes in monetary economics and finance, awarded jointly with our partner of excellence the TSE, we are rewarding and encouraging high-quality academic research that is particularly relevant to central banks and serves the common good”, said Agnès Bénassy-Quéré.

 “I am convinced that academic research in monetary economics and finance can provide constructive input into the reflections of central banks. The prizes that we award jointly with the Banque de France [or the TSE-Banque de France Prizes] reward academics whose research is fully in line with this process of dialogue between the academic world and economic decision-makers”, said Jean Tirole.

The biographies of the winners of the Monetary Economics and Finance Awards for 2022 and 2024 can be found here.