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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 (28)


BOYER, Martin, BOX-COUILLARD, Sébastien, MICHAUD, Pierre-Carl; « Demand for annuities: Price sensitivity, risk perceptions, and knowledge », Journal of Economic Behavior & Organization, 2021 (status : in press).

MICHAUD, Pierre-Carl et al.; « Tax-Preferred Savings Vehicles: Can Financial Education Improve Asset Location Decisions? », Review of Economics and Statistics, 2021 (status : accepted).

MICHAUD, Pierre-Carl et al.; « The Early Impact of the COVID-19 Pandemic on Household Finances in Québec », Canadian Public Policy/Analyse de politiques, 2021 (status : online).

LUSARDI, Annamaria, MICHAUD, Pierre-Carl, MITCHELL, Olivia S.; « Assessing the Impact of Financial Education Programs: A Quantitative Model », Economics of Education Review, 2021 (status : in press).

LACROIX, Guy, LALIBERTÉ-AUGER, François, MICHAUD, Pierre-Carl, PARENT, Daniel; « The effect of college education on health and mortality: Evidence from Canada », Health Economics, 2020 (status : online).

FONSECA, Raquel, MICHAUD, Pierre-Carl, GALAMA, Titus, KAPTEYN, Arie; « Accounting for the Rise of Health Spending and Longevity », Journal of the European Economic Association, 2020 (status : online).

FONSECA, Raquel, MICHAUD, Pierre-Carl, ZHENG, Yuhui; « The effect of education on health: evidence from national compulsory schooling reforms », SERIEs : Journal of the Spanish Economic Association, vol. 11, no 1, 2020, p. 83-103.

BOYER, Martin, DE DONDER, Philippe, FLUET, Claude-Denys, LEROUX, Marie-Louise, MICHAUD, Pierre-Carl; « Long-Term Care Insurance: Information Frictions and Selection », American Economic Journal: Economic Policy, vol. 12, no 3, 2020, p. 134-169.

MICHAUD, Pierre-Carl, VAN SOEST, Arthur H. O, BISSONNETTE, Luc; « Understanding joint retirement », Journal of Economic Behavior & Organization, vol. 173, 2020, p. 386-401.

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.

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.

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.

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.

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, 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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.


BOYER, Martin, D'ASTOUS, Philippe, MICHAUD, Pierre-Carl
Financial Literacy Research Award, Boyer, Martin, Philippe D'Astous, Pierre-Carl Michaud (2019). Tax-Sheltered Retirement Accounts: Can Financial Education Improve Decisions?, cahier de recherche no. 19-02, Montréal, Chaire de recherche industrielle Alliance sur les enjeux économique des changements démographiques, 73 p., Cherry Blossom Financial Education Institute, 2019

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

Winter 2020

ECON 20851A
Microeconomics

Fall 2019

ECON 20851
Microéconomie

Winter 2019

80-804-17A
Behavioral Economics and Finance

Fall 2018

3-851-07
Microéconomie

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