Cette page est destinée à la communauté de recherche internationale. This is a webpage that is used for research and helping students with programming, many of them international so the webpage is in English. I am Professor of Economics at HEC Montreal and Research Associate at the NBER. Also visit my research chair CJP and RSI, an Institute where I am the scientific director, for featured work, models and events.

Ma recherche - The stuff I work on

If you want a list of publications and my latest CV, go to curriculum vitae or download in pdf. Please refer to my IDEAS webpage for recent working papers. My google citation profile is here.

Enseignement - Teaching

Mes notes de cours sont disponibles ici-bas pour les cours de microéconomie au BAA, Politiques et finances publiques, ainsi que le cours d’économie comportementale au doctorat. All my class notes for Intermediate Micro, Public Finance, and Behavioral Economics and Finance are available at Politeco.ca

Current Working Papers

I have currently these working papers submitted for publication and available to present at seminars, workshop and conferences.

• Gemmo, I., P.-C. Michaud and O.S. Mitchell (2023) Selection into Financial Education and Effects on Portfolio Choice (new version, May 2024). Link to Questionnaire
• Michaud, P.-C. and P. St-Amour (2023): Longevity, Health and Housing Risks Management in Retirement, NBER working paper 31038. (new version coming soon)
• Glenzer, F., P.-C. Michaud and S. Staubli (2023) Frames, Incentives, and Education: Effectiveness of Interventions to Delay Public Pension Claiming, NBER working paper 30938. R&R at Journal of Public Economics.
• d’Astous, P., I. Gemmo and P.-C. Michaud (2022) The Quality of Financial Advice: What Influences Client Recommendations?, NBER working paper 30205. R&R at Journal of Banking and Finance.

Publications représentatives - Representative Publications

• Fonseca, R., F. Langot, P.-C. Michaud and T. Sopraseuth (2023): Understanding Cross-country Differences in Health Status and Expenditures: Health Prices Matter, Journal of Political Economy, Codes

• Boyer, M., P. D’Astous and P.-C. Michaud (2021): Tax-Preferred Savings Vehicles: Can Financial Education Improve Asset Location Decisions?, Review of Economics and Statistics. Codes

• Fonseca, R., P.-C. Michaud, T. Galama and A. Kapteyn (2021). Accounting for the Rise of Health Spending and Longevity, Journal of European Economic Association. Codes

• Boyer, M., P. De Donder, C. Fluet, M.-L. Leroux and P.-C. Michaud (2020). Long-Term Care Insurance: Information Frictions and Selection, American Economic Journal: Economic Policy, 12:3, pp. 134-169. Codes

• Lusardi, A., P.-C. Michaud and O.S. Mitchell (2017): Optimal Financial Knowledge and Wealth Inequality, Journal of Political Economy 125:2, pp.431-477. Codes

• Dionne, G., P.-C. Michaud and M. Dahchour (2013): Separating Moral Hazard from Adverse Selection in Automobile Insurance: Longitudinal Evidence from France, Journal of the European Economic Association 11:4, pp.897–917 .

Notes - Posts

• Le Québec plus gris ou pas?
• Immigration et économie au Québec
• Le cadre financier du Québec 2021-2022