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European Economic Association (EEA) News
As the incoming President of the EEA, I write this newsletter to keep you informed about the initiatives being undertaken by the EEA to contribute to the enhancement of economics in Europe. 
European Job Market
I am pleased to inform you that the EEA will launch a new initiative, a European job market, to be held in conjunction with the Econometric Society Winter Meetings (ESWM). The first edition of the European Job Market will be in Naples on December 6-7, 2018, immediately after the ESWM. The event aims at facilitating the match between employers and PhD candidates. It provides a forum for preliminary interviews between candidates and employers. With the steady improvement of academic programs in Europe, the supply of high quality PhD’s has reached a level that demands an effort to achieve scale. The new initiative aims at building an integrated market for junior positions in Europe, coordinating the many local recruiting efforts. As a member of the EEA, I would really like you to promote the EEA Job Market to your placement officer / person in charge of recruitment and to graduating students at your institution. The EEA will follow up with full logistical details in the coming months.
JEEA - Journal of the European Economic Association
JEEA continues to solidify its position as one of the very best economics journals. As reported at the end of last year, the impact factor for 2016 was 2.758, while the 5-year impact factor was 4.521, up from 4.147 in 2015 and 3.495 in 2014. Furthermore, it was reported that the total number of citations (2,981) was also at a record high.

I would like to say a special thanks to Dirk Krueger and Daniele Paserman, who ended their terms as JEEA editors at the end of 2017, for their dedication and services to JEEA over the past four years. They have been replaced by Giovanni Peri and Nicola Pavoni and I very much welcome both Giovanni and Nicola to the editorial board - I am sure they will make a great contribution to the editorial team, and I look forward to another prosperous year for JEEA.

All information and reports on JEEA can be found here.
Emmanuel Farhi delivered the 2018 JEEA-FBBVA lecture, sponsored by Fundación BBVA, at the ASSA Meetings in Philadelphia. His lecture “The Microeconomic Foundations of Aggregate Production Functions” was very well-received and will be published in JEEA in due course. I would like to thank both Emmanuel for representing the EEA in the US and the Fundación BBVA for its continued support of this important lecture. The same lecture will be given at the FBBVA headquarters in Madrid in May.
Birgit Grodal Award 2018
Members of the EEA were contacted by Ernst Fehr, Chair of the Birgit Grodal Award Selection Committee, in November and asked to nominate worthy candidates. The Committee has now deliberated and the winner of the fourth edition of this award, which is given every even year to a European-based female economist who has made a significant contribution to the Economics profession, will be announced in a few weeks.
Hicks-Tinbergen Award 2018
In 1991 the EEA created a medal to be awarded once every two years (even years) to the author(s) of an outstanding article published in the Association’s journal during the two preceding years. Until the end of 2002 this journal was the European Economic Review (EER). From January 2003 the article is chosen from JEEA. It has been named the Hicks-Tinbergen medal to make it clear that the EEA stands for both theoretical and empirical work in economics in Europe. EEA members were contacted in December and January and asked to nominate papers. 

The next award winner will be announced in the coming weeks.
EEA-ESEM Cologne 2018
The Program Chairs of the EEA sessions of this year congress, which take place in parallel with the summer meetings of the Econometric Society in Cologne, Germany, from Monday August 27 to Friday August 31 2018, are Nicola Gennaioli (Bocconi University and IGIER, Milan) and Marta Reynal-Querol (Universitat Pompeu Fabra, ICREA, IPEG and Barcelona GSE).

The following lectures will be delivered:
• Schumpeter Lecture: Jaume Ventura
• Marshall Lecture: Susan Athey
• Presidential Address: Eliana La Ferrara

The following invited sessions are being organised by:
• Behavioral Macroeconomics: Mirko Wiederholt
• Culture and Economics: Armin Falk
• Economics of Online Media: Maria Petrova
• Housing Markets and the Macroeconomy: Johannes Stroebel
• Inequality and Tax Policy: Florian Scheuer
• Production Networks: Vasco M. Carvalho
• The Economics of Management: Maria Guadalupe
• Understanding Choice: Massimo Marinacci

The program will also include several lunch events on current issues for economists as well as a mentoring and training workshop for research grant applications.

In addition to the main Congress programme, there will be a reception on the Monday evening, while the Congress Party will take place on the Thursday evening.

The Local Arrangements Committee (LAC), chaired by Felix Bierbrauer, will ensure that the Congress runs smoothly and are looking forward to welcoming you to Cologne. Cologne is situated on both sides of the Rhine and is home to the Cologne Cathedral, a World Heritage Site and Germany's number one attraction, which draws over six million visitors each year. In addition, Cologne's world-class museums, numerous theatres, the Philharmonic and the Opera House also attract visitors from all over the world. The city is rich in local traditions such as the exuberantly celebrated Cologne Carnival or the brewery taverns that serve Kölsch, the city’s signature beer.

Please take a look at for full information on this very exciting congress.
EEA Young Economist Award
The EEA Young Economist Award, given to the authors of the three best papers presented by young economists at the annual congress, will be conferred for a third time during EEA-ESEM Cologne 2018. The Award will once again be sponsored by UniCredit Foundation. The EEA thanks the Foundations for their kind support.

Eligible candidates (and all co-authors) should be no more than three years past a PhD defense and current members of the EEA. 
Women In Economics (WinE) Mentoring Retreat
Following on from the very successful WinE mentoring retreats held annually from 2013 to 2017, the WinE Committee is pleased to announce the sixth retreat will be held in connection with EEA-ESEM Cologne 2018. As in 2016 and in 2017, the Econometric Society will once again be joining forces with the WinE committee of the European Economic Association in the organisation of the sixth mentoring retreat.

The Retreat is open to early career female economists with positions (post-doctoral fellows, lecturers, researchers) at academic and research institutions and who obtained their PhDs in 2013-2018. The attendees will participate in a series of discussions organized as panels and as smaller groups run by senior mentors. The discussions will cover topics such as publishing, writing successful grant applications, networking and career planning, with attention paid to the unique challenges that women may face at different stages of their careers. A number of attendees will also take part in the small group sessions, which will focus on participants’ research papers and provide an opportunity for detailed comment and feed-back from senior mentors in their field. There will also be many opportunities for the attendees to socialise with each other and their mentors during this event.

Full information on the event is available on the EEA-ESEM Congress website.
EEA Seed Grants and Other Initiatives To Aid Funding Applications
In an earlier newsletter in 2017, my predecessor, Philippe Aghion, informed EEA members that the EEA had extended its Seed Grant Initiative to 2018. The Seed Grant Program is an initiative by the EEA to encourage applications from economists affiliated with institutions in countries and regions in the lower tail of the European income distribution to apply for a European Research Council grant (Starting, Consolidator or Advanced) to the panel SH1 – Individuals, Markets and Organisations. Full information on the inititative can be found here.
Furthermore, in additional attempts to encourage applications to funding for economic research, the EEA will be organising a session during EEA-ESEM Cologne about how to write successful grant applications. All information on these initiatives can be found on the EEA website and on the EEA-ESEM congress website. 
EEA Standing Committees
The EEA continues to have 3 working committees:

The Women in Economics Committee (WinE) continues to be very dynamic in its efforts to make the economics profession in Europe more inclusive. Not only does it organise the very successful WinE Mentoring Retreat (see above), the WinE Committee has also invested in the development and running of a software that searches the websites of all institutions / research centers and collects data on gender and positions. The objective of this is to monitor the status of women in the profession in Europe and undertake information collection -  it is difficult to address the problem of gender unbalance if it is not known exactly how serious the problem is and where the bottlenecks are.

I take the opportunity to thank Emmanuelle Auriol (TSE) and her Committee for all the work they do throughout the year to support women in the economics profession. 

For more information on the activities of WinE, please visit the dedicated website section here.

Since September, the Standing Committee on Research, is chaired by Estelle Cantillon (ULB). Alongside Estelle, the Committee is composed of Caterina Calsamiglia (Institute of political economy and governance), Nezih Guner (CEMFI), Miklos Koren (CEU), Katrine Løken (NHH), Magne Mogstad (Chicago) and Andrea Weber (CEU). The agenda of the Committee is twofold. First, to continue the Association’s effort to encourage and support researchers to apply for an ERC grant. The second item on the Research Committee’s agenda builds on COEURE’s recommendations to work towards making Europe a data research power-house. As a launching event for that agenda, former chair Richard Blundell organized a lunch session at EEA-ESEM Lisbon 2017 on “New Data and New Research Designs in Economics” (to view video of session, please visit the EEA YouTube channel) to discuss challenges and opportunities in using administrative data for research in economics.

The Standing Committee on Economics Education continues to organize important sessions at the annual congresses. Information on the session during EEA-ESEM Cologne will be available on the EEA-ESEM congress website shortly. 

Furthermore, the Ethics Committee has recently concluded its work. Its objective has been to provide ethical guidance (both usage and collecting of data) for economists' practices, and to this end the Committee has recently released its final document "Ethical Principles for the European Economist”. The document outlines in broad strokes key principles that researchers and their institutions should contemplate when considering the ethics involved in their research. It highlights areas of particular importance, and prompts the establishment of procedures to resolve sources of conflict. Its intent is to provide broad guidance for the researchers themselves as well as for their employers. It should also serve as a basic document that outside institutions (academic journals, etc.) can use to ask for compliance with in terms of ethical conduct of the research they are encountering. It is intended to be applicable across a number of different forms of research (laboratory experiments, field experiments, surveys, use of administrative data...) and therefore does not delve into the specifics of any of them at this point. Documents outlining more specific requirements or providing specific resources in each of these fields may be developed in the future. The document can be found here.
Job Postings on EEA Website
I take the opportunity of this newsletter to remind you that the EEA has been a partner of for a number of years. is a non profit organization that seeks to reduce the costs of information flow in the economics job market by providing a secure central repository for the files of job-market candidates (including papers, reference letters, and other materials) accessed on line. The EEA website displays all job postings from We encourage you to use to find out more about EconJobMarket and to register for its services. Full information can be found here.
Other News and Thanks
Last but by no means least, I would like to thank the outgoing President, Philippe Agion, for his outstanding service to the EEA during 2017. Philippe - I thank you for setting everything in place for me to take over and continue what you have started. I would also like to warmly thank Olympia Bover, Raffaella Giacomini, Philipp Kircher, Morten Ravn and Michele Tertilt who have all retired from the EEA Council.

I welcome Per Krusell to the Executive Committee – he was elected to serve as President in 2020. I also welcome Paula Bustos, Camille Landais, Kalina Manova, Claudio Michelacci, Massimo Morelli and Uta Schönberg as incoming Council members and thank them for their willingness to serve. I very much look forward to working with all incoming and current EEA officers over my tenure as President and hope to make this another memorable year in the life of the EEA.

I would like to mention one important initiative that has been successful over these years - our institutional membership program. This allows institutions that have special links to European economics to register their support for building up the profession in Europe. Current institutional members include a number of leading central banks. Their financial support is extremely important to the future of the EEA initiatives so we thank them publicly for this. In collaboration with our institutional members, we have organised exhibition space for them during the annual congresses. If you do attend the annual congresses, please do go and visit them and speak to them about the research they do. To view the list of current EEA institutional members, please visit here.

All the initiatives mentioned in the newsletter are fundamental to improving the quality of economic research and analysis in Europe, and for advancing the quality of education and training, of scientific and applied research, and of policy decision and implementation. The EEA also continues to depend on the financial support of its members to ensure the future of these initiatives. Therefore, I would like to close by thanking the members of the EEA for their involvement with the Association and to thank you for your continued and invaluable support. We hope that we can count on your support for 2018 and beyond. 

Maybe now is the perfect opportunity to ask you to check your EEA membership status. If it has expired over the last few months then please renew it by logging in at the member section on Once logged in, please click on RENEW MEMBERSHIP and follow the instructions. We also ask you to check that your personal details on your profile page are up-to-date. Informal efforts to encourage your colleagues to become members of EEA are also appreciated.

Let me at this time remind you that alongside numerous other membership benefits, EEA members can nominate suitable candidates (or self-nominate) for EEA officer elections and for positions on EEA standing committees through The EEA central office will pass all nominations on to the EEA Nominating Committee Chair or the Chairs of standing committees.

To stay in touch with the latest developments in the EEA please check our website, which is updated on a daily basis, or follow @EEANews on Twitter. Please do contact us if you have any comments or suggestions.

Please remember that the EEA publishes calls for papers from various European institutions on its website so please click here to take a look and contact if your institution wishes to publish a call.

With best wishes,

Eliana La Ferrara
President of EEA, 2018
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