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Pierre-Carl Michaud

Professor,  Department of Applied Economics


Pierre-Carl Michaud

Contact information

HEC Montréal
3000, chemin de la Côte-Sainte-Catherine
Montréal (Québec)
Canada H3T 2A7

Email: pierre-carl.michaud@hec.ca
Phone: 514 340-6466
Secretary: 514 340-6463
Fax: n/d
Office: 4.166a

Personal page

Education

  • Ph.D. (sciences économiques), CentER, Tilburg University
  • M.Sc. (économie appliquée), HEC Montréal

Expertise

  • Health Economics
  • Insurance and Savings Economics
  • Applied Econometrics

Current research

  • Economic Challenges of Demographic Change

This publication selection covers the last five years.


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Journal articles (26)


LUSARDI, Annamaria, MICHAUD, Pierre-Carl, MITCHELL, Olivia S.; « Assessing the Impact of Financial Education Programs: A Quantitative Model », Economics of Education Review, 2019 (status : online).

BOYER, Martin, BOX-COUILLARD, Sébastien, MICHAUD, Pierre-Carl; « Demand for annuities: Price sensitivity, risk perceptions, and knowledge », Journal of Economic Behavior & Organization, 2019 (status : online).

BOYER, Martin, DE DONDER, Philippe, FLUET, Claude-Denys, LEROUX, Marie-Louise, MICHAUD, Pierre-Carl; « A Canadian Parlor Room–Type Approach to the Long-Term-Care Insurance Puzzle », Canadian Public Policy-Analyse de politiques, vol. 45, no 2, 2019, p. 262-282.

BOYER, Martin, DE DONDER, Philippe, FLUET, Claude-Denys, LEROUX, Marie-Louise, MICHAUD, Pierre-Carl; « Long-term care risk misperceptions », The Geneva Papers on Risk and Insurance : Issues and Practice, vol. 44, no 2, 2019, p. 183-215.

BOISCLAIR, David, DÉCARIE, Yann, LALIBERTÉ-AUGER, François, MICHAUD, Pierre-Carl, VINCENT, Carole; « The economic benefits of reducing cardiovascular disease mortality in Quebec, Canada », PLoS One, vol. 13, no 1, 2018, p. 1-13.

BOISCLAIR, David, LACROIX, Guy, MARCHAND, Steeve, MICHAUD, Pierre-Carl; « Individual Financial Returns from Quebec Pension Plan Reform Options: Analyzing Proposals to Renew a Second-Pillar Retirement Income Program », Canadian Public Policy-Analyse de politiques, vol. 44, no 2, 2018, p. 134-158.

BOISCLAIR, David, LUSARDI, Annamaria, MICHAUD, Pierre-Carl; « Financial literacy and retirement planning in Canada », Journal of Pension Economics & Finance, vol. 16, no 3, 2017, p. 277-296.

LUSARDI, Annamaria, MICHAUD, Pierre-Carl, MITCHELL, Olivia S.; « Optimal Financial Knowledge and Wealth Inequality », Journal of Political Economy, vol. 125, no 2, 2017, p. 431-477.

FRENCH, Eric B., MCCAULEY, Jeremy, ARAGON, Maria, BAKX, Pieter, CHALKLEY, Martin, CHEN, Stacey H., CHRISTENSEN, Bent J., CHUANG, Hongwei, CÔTÉ-SERGENT, Aurélie, DE NARDI, Mariacristina, FAN, Elliott, ÉCHEVIN, Damien, GEOFFARD, Pierre-Yves, GASTALDI-MÉNAGER, Christelle, GORTZ, Mette, IBUKA, Yoko, JONES, John B., KALLESTRUP-LAMB, Malene, KARLSSON, Martin, KLEIN, Tobias J., DE LAGASNERIE, Grégoire, MICHAUD, Pierre-Carl, O’DONNELL, Owen, RICE, Nigel, SKINNER, Jonathan S., VAN DOORSLAER, Eddy, R. ZIEBARTH, Nicolas, KELLY, Elaine; « End-Of-Life Medical Spending In Last Twelve Months Of Life Is Lower Than Previously Reported », Health Affairs, vol. 36, no 7, 2017, p. 1211-1217.

HURD, Michael, MICHAUD, Pierre-Carl, ROHWEDDER, Susann; « Distribution of lifetime nursing home use and of out‐of‐pocket spending », Proceedings of the National Academy of Sciences of the United States of America, vol. 114, no 37, 2017, p. 9838-9842.

BISSONNETTE, Luc, HURD, Michael, MICHAUD, Pierre-Carl; « Individual survival curves comparing subjective and observed mortality risks », Health Economics, vol. 26, no 12, 2017, p. 285-303.

CÔTÉ-SERGENT, Aurélie, ÉCHEVIN, Damien, MICHAUD, Pierre-Carl; « The Concentration of Hospital-Based Medical Spending: Evidence from Canada », Fiscal Studies : The Journal of Applied Public Economics, vol. 37, no 3-4, 2016, p. 627-651.

MICHAUD, Pierre-Carl, CRIMMINS, Eileen, HURD, Michael; « The effect of job loss on health: Evidence from biomarkers », Labour Economics, vol. 41, 2016, p. 194-203.

DELPRAT, Gaetan, LEROUX, Marie-Louise, MICHAUD, Pierre-Carl; « Evidence on individual preferences for longevity risk », Journal of Pension Economics & Finance, Vol. 15, no 2, 2016, p. 160-179.

BLOUIN, Chantal, HAMEL, Denis, VANDAL, Nathalie, BARRY, Amadou Diogo, LO, Ernest, LACROIX, Guy, LAGUË, Johanne, LANGLOIS, Marie-France, MARTEL, Sylvie, MICHAUD, Pierre-Carl, PÉRUSSE, Louis; « The economic consequences of obesity and overweight among adults in Quebec », Revue canadienne de santé publique/Canadian Journal of Public Health, vol. 107, no 6, 2016, p. 507-513.

BISSONNETTE, Luc, BOISCLAIR, David, LALIBERTÉ-AUGER, François, MARCHAND, Steeve, MICHAUD, Pierre-Carl, VINCENT, Carole; « Projecting the Impact of Population Aging on the Quebec Labour Market », Canadian Public Policy-Analyse de politiques, vol. 42, no 4, 2016, p. 431-441.

CÔTÉ-SERGENT, Aurélie, DUCLOS, Jean-Yves, LEKINA, Alexandre, MARCHAND, Steeve, MICHAUD, Pierre-Carl; « Projections de l’état de santé de la population québécoise et impacts sur le risque de longévité d’un régime de retraite à prestations déterminées », L'actualité économique, vol. 91, no 4, 2015, p. 567-598.

SOLÉ-AURÓ, Aïda, MICHAUD, Pierre-Carl, HURD, Michael, CRIMMINS, Eileen; « Disease Incidence and Mortality Among Older Americans and Europeans », Demography, Vol. 52, no 2, 2015, p. 593-611.

GARON, Jean-Denis, MASSE, Alix, MICHAUD, Pierre-Carl; « Health Club Attendance, Expectations and Self-Control », Journal of Economic Behavior & Organization, Vol. 119, 2015, p. 364-374.

BOISCLAIR, David, MICHAUD, Pierre-Carl, DUCLOS, Jean-Yves, MARCHAND, Steeve; « Une analyse économique de propositions visant à bonifier la couverture du risque de longévité », L'actualité économique, vol. 91, no 4, 2015, p. 499-530.

LALIBERTÉ-AUGER, François, CÔTÉ-SERGENT, Aurélie, BOISCLAIR, David, DÉCARIE, Yann, DUCLOS, Jean-Yves, MICHAUD, Pierre-Carl; « Utilisation et coût de l’hébergement avec soins de longue durée au Québec, 2010 à 2050 », Assurances et gestion des risques, vol. 82, no 3-4, 2015, p. 23-41.

LALIME, Thomas, MICHAUD, Pierre-Carl; « Littératie financière et préparation à la retraite au Québec et dans le reste du Canada », L'actualité économique, Vol. 90, no 1, 2014, p. 23-45.

DIONNE, Georges, MICHAUD, Pierre-Carl, DAHCHOUR, Maki; « SEPARATING MORAL HAZARD FROM ADVERSE SELECTION AND LEARNING IN AUTOMOBILE INSURANCE: LONGITUDINAL EVIDENCE FROM FRANCE », Journal of the European Economic Association, vol. 11, no 4, 2013, p. 897-917.

DIONNE, Georges, MICHAUD, Pierre-Carl, PINQUET, Jean; « A Review of Recent Theoretical and Empirical Analyses of Asymmetric Information in Road Safety and Automobile Insurance », Research in Transportation Economics, Vol. 43, no 1, 2013, p. 85-97.

GOLDMAN, Dana P., CUTLER, David, ROWE, John W., MICHAUD, Pierre-Carl, SULLIVAN, Jeffrey, PENEVA, Desi, OLSHANSKY, S. Jay; « Substantial Health And Economic Returns From Delayed Aging May Warrant A New Focus For Medical Research », Health Affairs, Vol. 32, no 10, 2013, p. 1698-1705.

GALAMA, Titus, KAPTEYN, Arie, FONSECA, Raquel, MICHAUD, Pierre-Carl; « A Health Production Model with Endogenous Retirement », Health Economics, Vol. 22, no 8, 2013, p. 883-902.

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Book chapters (2)


GUTIERREZ, Italo, MICHAUD, Pierre-Carl; « Job Insecurity and Older Workers’ Mental Health in the United States », Health and Labor Markets, Emerald Publishing, 2019, p. 71-98.

HURD, Michael, MICHAUD, Pierre-Carl, ROHWEDDER, Susann; « The Lifetime Risk of Nursing Home Use », Discoveries in the Economics of Aging, University of Chicago Press, 2014, p. 81-113.



This award and honor selection covers the last five years.


MICHAUD, Pierre-Carl
Financial Literacy Research Award, A Financial Literacy Research Award, sponsored by the National Endowment for Financial Education, was presented to the authors of the best paper submitted for presentation at the 5th Cherry Blossom Financial Education Institute. The award includes a prize of $5,000., 5e Cherry Blossom Financial Education Institute du GFLEC, 2019

CARRASCO, Marine, MICHAUD, Pierre-Carl
Prix Marcel-Dagenais, Société canadienne de science économique, 2018

Winter 2019

80-804-17A
Behavioral Economics and Finance

Fall 2018

3-851-07
Microéconomie

Winter 2018

80-804-17A
Behavioral Economics and Finance

Fall 2017

2-851-07A
Economic Problems and Policy Analysis

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