Walras-Bowley Lecture

The Walras-Bowley Lecture is an annual lecture given by a non-North- American member at the summer North American meeting or, in World Congress years, at the World Congress.

2024: Jan de Loecker, Katholieke Universiteit, Leuven
Market Power: cost, demand and conduct

2023: Fuhito Kojima, University of Tokyo (Committee: Jeff Ely, Whitney Newey and Marzena Rostek)
Fragmentation in Matching Markets-and What to Do about it

2022: Botond Kőszegi, Central European University (Committee: Xiahong Chen, Jeff Ely and Parag Pathak)
Misinterpreting Yourself

2021: Jan Eeckhout, Universitat Pompeu Fabra (Committee: Dave Donaldson, Jeff Ely and Sílvia Gonçalves)
Walras–Bowley Lecture: Market Power and Wage Inequality, Volume 92, Issue 3, 603-636

2020: Roger Koenker, University College London (Committee: Orazio Attanasio, Victor Chernozhukov, Emmanuel Fahri, Johannes Hörner and Eliana La Ferrara), Invidious Comparisons: Ranking and Selection as Compound Decisions, Volume 91, Issue 1, 1-41

2019: Eliana La Ferrara, Università Bocconi (Committee: Isaiah Andrews, Jeff Ely, Chang-Jin Kim, Stephen Turnovsky and Quan Wen), Goals and Gaps: Educational Careers of Immigrant Children, Volume 90, Issue 1, 1-29  

2018: Xavier Vives, IESE, University of Navarra (Committee: Martine Quinzii, Colin Cameron and Andrés Carvajal)
General Equilibrium Oligopoly and Ownership Structure, Volume 89, Issue 3, 999-1048

2017: Paul Klemperer, Oxford University (Committee: Stephen Morris, Andrzej Skrzypacz, John Nachbar)

2016: Fabrizio Zilibotti  University of Zurich (Committee: Patrick Bayer, Uli Doraszelski, Mikhail Golosov, George Mailath, Elie Tamer)
Parenting with Style: Altruism and Paternalism in Intergenerational Preference Transmission Volume 85, Issue 5, 1331-1371

2015: Per Krusell, Stockholm University (Committee: Bo Honore, Monica Piazzesi, Larry Samuelson)

2014: Rafael Repullo, CEMFI (Committee: James Heckman, Timothy Kehoe, Thomas Holmes)
Search for Yield, Volume 85, Issue 2, 351-378

2013: Andrew Chesher, University College London (Committee: Geert Ridder, Chair; Bo Honore, Rosa Matzkin)

2012: Ernst Fehr (Committee: Robert Porter, Chair; Dirk Bergemann, Monica Piazzesi)
The Intrinsic Value of Decision Rights, Vol. 82, No. 6, 2005-2039

2011: Manuel Arellano (Committee: Glenn Ellison, Chair; Marcus Berliant; Richard Blundell)
Quantile Selection Models with an Application to Understanding Changes in Wage Inequality, Vol. 85, No. 1, 1-28

2010: Orazio Attanasio (Committee: Daron Acemoglu, Manuel Arellano, Eddie Dekel)

2009: Jean-Marc Robin, Sciences Po and University College London
On the Dynamics of Unemployment and Wage Distributions, Vol. 79, No. 5, 1327-1355

2008: Zvi Eckstein (Committee: Paul Milgrom, Chair; Pierre Chiappori; Dennis Epple; Stanley Zin)
Dynamic Female Labor Supply, Vol. 79, No. 6, 1675-1726

2007: Christopher Pissarides, London School of Economics (Committee: Matthew Jackson; George Tauchen; Ariel Pakes)
The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?, Vol. 77, No. 5, 1339-1369

2006: Nobuhiro Kiyotaki (Committee: Drew Fudenberg, Chair; Donald Andrews; V.V. Chari; Larry Jones; Ellen McGratten)

2005: Timothy Besley (Committee: Torsten Persson, Chair; Richard Blundell; Whitney Newey; Ariel Rubinstein; Thomas Sargent)
London School of Economics

2004: John Sutton (Committee: Alvin Roth, Chair; Donald Andrews; Roberto Serrano; Rajiv Vohra)
London School of Economics

2003: Sergiu Hart (Committee: Gary Chamberlain, Chair; Stephen Morris; Rakesh Vohra)
The Hebrew University of Jerusalem, Adaptive Heuristics, Vol. 73, No. 5, 1401-1430

2002: Richard Blundell (Committee: Lars Peter Hansen, Chair; Jose Scheinkman; David Levine; William Zame) University College, London Best Nonparametric Bounds on Demand Responses, Vol. 76, No. 6, 1227-1262

2001: Mathias Dewatripont (Committee: John Campbell, Chair; Larry Ausubel; Roland Benabou; Peter Cramton)
Université Libre de Bruxelles

2000: Torsten Persson (Committee: Mathias Dewatripont; Lars-Peter Hansen; Elhanan Helpman; Stephen Turnovsky; Robert Wilson) Stockholm University, Do Political Institutions Shape Economic Policy?, Vol. 70, No. 3, 883-905

1999: Phillipe Aghion (Committee: Bengt Holmstrom, Chair; Patrick Bolton; Rody Manuelli)
Harvard University, Schumpeterian Growth Theory and the Dynamics of Income Inequality, Vol. 70, No. 3, 855-882

1998: Adrian Pagan (Committee: Marcel Boyer, Chair; Eric Ghysels; Thomas Palfrey)
Australian National University

1997: Andreu Mas-Colell (Committee: John Rust, Chair; Drew Fudenberg; Thomas Palfrey)
Universitat Pompeu Fabra

1996: John Moore (Committee: Michael Woodford, Chair; N. Eugene Savin; Jose Scheinkman)
London School of Economics

1995: Guy Laroque (Committee: Christopher Sims, Chair; Jean-Michel Grandmont; David Kreps; Kenneth F. Wallis)
INSEE

1994: Jean Tirole (Committee: Mark Machina, Chair; Ariel Pakes; Myrna Wooders)
Université des Sciences Sociales de Toulouse, Incomplete Contracts: Where do We Stand?, Vol. 67, No. 4, 741-781

1993: Martin Hellwig (Committee: Robert Porter, Chair; Douglas Gale; Peter Phillips)
University of Basel

1992: Elhanan Helpman (Committee: Robert F. Engle, Chair; David Romer; Stephen J. Turnovsky)
Tel Aviv University, Innovation, Imitation, and Intellectual Property Rights, Vol. 61, No. 6, 1247-1280

1991: Victor Polterovitch (Committee: Olivier Blanchard, Chair; Beth Allen; David Card)
Russian Academy of Sciences, Rationing, Queues, and Black Markets, Vol. 61, No. 1, 1-28

1990: Reinhard Selten (Committee: Jean-Michel Grandmont, Chair; Daniel McFadden; Christopher Sims; Robert Wilson)
University of Bonn

1989: Partha Dasgupta (Committee: Robert Wilson, Chair; Marc Nerlove; Hal Varian)
Cambridge University

1988: Ariel Rubinstein (Committee: Joseph Stiglitz, Chair; David Kreps; Ed Prescott)
Tel Aviv University, Comments on the Interpretation of Game Theory, Vol. 59, No. 4, 909-924

1987: Mervyn King (Committee: Oliver Hart, Chair; Robert Anderson; Lars Peter Hansen)
London School of Economics

1986: David Hendry (Committee: Charles Manski, Chair; John Geweke; Eric Maskin)
Oxford University

1985: A.B. Atkinson (Committee: Peter Diamond, Chair; Truman Bewley; Angus Deaton)
London School of Economics, On the Measurement of Poverty, Vol. 55, No. 4, 749-764

1984: Jean-Michel Grandmont (Committee: Andreu Mas-Colell, Chair; Mordecai Kurz; Gary Chamberlain)
CEPREMAP, On Endogenous Competitive Business Cycles, Vol. 53, No. 5, 995-1045

1983: Jean-Jacques Laffont (Committee: Michael Rothschild, Chair; Dale Mortensen; Richard Quandt)
Université des Sciences Sociales de Toulouse, On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information, Vol. 53, No. 1, 1-30

1982: C. Christian von Weizsacker (Committee: Carl Christ, Chair; Christopher Sims; Mukul Majumdar)
University of Berne, The Costs of Substitution, Vol. 52, No. 5, 1085-1116

1981: Eytan Sheshinski (Committee: Franklin M. Fisher, Chair; Stanley Reiter; Robert E. Hall)
Hebrew University of Jerusalem

1980: James Mirrlees
Oxford University

1979: Werner Hildenbrand (Committee: Lawrence J. Lau, Chair; Leonid Hurwicz; Marc Gaudry)
University of Bonn, Short-Run Production Functions Based on Microdata, Vol. 49, No. 5, 1095-1125

1978: T.N. Srinivasan (Committee: Kenneth J. Arrow, Chair; Marc Nerlove; Donald Brown)
The World Bank

1977: Menahem Yaari
The Hebrew University of Jerusalem

1976: Amartya K. Sen (Committee: John Chipman, Chair; Lionel McKenzie; David Cass)
London School of Economics, On Weights and Measures: Informational Constraints in Social Welfare Analysis, Vol. 45, No. 7, 1539-1572

1975: Jacques Dreze
Catholic University of Louvain, Some Theory of Labor Management and Participation, Vol. 44, No. 6, 1125-1140

1974: John D. Sargan (Committee: Roy Radner, Chair; Phoebus Dhrymes; Zvi Griliches; David Kendrick; Karl Shell)
London School of Economics, Econometric Estimators and the Edgeworth Approximation, Vol. 44, No. 3, 421-448

1973: Michio Morishima (Committee: Karl Shell, Chair)
London School of Economics, Marx in the Light of Modern Economic Theory, Vol. 42, No. 4, 611-632

1972: Robert Aumann (Committee: Roy Radner, Chair; W. M. Gorman; C. K. Stiglitz)
The Hebrew University, Values of Markets with a Continuum of Traders, Vol. 43, No. 4, 611-646

1971: E. Malinvaud
Direction de la Prévision, Markets for an Exchange Economy with Individual Risks, Vol. 41, No. 3, 383-410

1969: F. H. Hahn
London School of Economics, Equilibrium with Transaction Costs, Vol. 39, No. 3, 417-439