The Banque de France and the Toulouse School of Economics (TSE) awarded the Monetary Economics and Finance Prizes for years 2022-24 to six researchers at a ceremony held on Tuesday 18 June in Paris. The two institutions paid tribute to scientists whose work helps to improve the conditions in which central banks operate.
The 2022 and 2024 laureates 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, as well as two junior prizes—one in finance and the other in monetary economics and macroeconomics—have been awarded to researchers who obtained their doctorate less than 20 years ago.
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 laureates were presented in the light of current central banking issues. The laureates 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.
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 2012 laureate of the 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 laureates of the Monetary Economics and Finance Awards for 2022 and 2024 can be found here.
