Publications

Papers in International Academic Refereed Journals

• Augeraud Veron, E. & Marhuenda, F. & Picard, P.M., 2021. "Local social interaction and urban equilibria," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 72-83.

• Picard, P.M. & Tran, T.T.H., 2021. "Small urban green areas," Journal of Environmental Economics and Management, Elsevier, vol. 106(C).

• Kichko, Sergey & Picard, Pierre M., 2021. "Effect of conformism on firm selection, product quality and home bias," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 402-418.

• Burzyński, Michał & Machado, Joël & Aalto, Atte & Beine, Michel & Goncalves, Jorge & Haas, Tom & Kemp, Françoise & Magni, Stefano & Mombaerts, Laurent & Picard, Pierre & Proverbio, Daniele & Skupin, A, 2021. "COVID-19 crisis management in Luxembourg: Insights from an epidemionomic approach," Economics & Human Biology, Elsevier, vol. 43(C).

• P. M. Picard & A. Tampieri, 2021. "Vertical differentiation and trade among symmetric countries," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1319-1355, June.

• Kyriakopoulou, Efthymia & Picard, Pierre M., 2021. "On the design of sustainable cities: Local traffic pollution and urban structure," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).

• Mossay, Pascal & Picard, Pierre M. & Tabuchi, Takatoshi, 2020. "Urban structures with forward and backward linkages," Regional Science and Urban Economics, Elsevier, vol. 83(C).

• Picard, Pierre M. & Worrall, Tim, 2020. "Currency areas and voluntary transfers," Journal of International Economics, Elsevier, vol. 127(C).

• Picard, P.M. & Tampieri, A. & Wan, Xi, 2019. "Airport capacity and inefficiency in slot allocation," International Journal of Industrial Organization, Elsevier, vol. 62(C), pages 330-357.

• Simone Moriconi & Pierre M. Picard & Skerdilajda Zanaj, 2019. "Commodity taxation and regulatory competition," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(4), pages 919-965, August.

• Pascal Mossay & Pierre Picard, 2019. "Spatial segregation and urban structure," Journal of Regional Science, Wiley Blackwell, vol. 59(3), pages 480-507, June.

• Picard, Pierre M. & Zenou, Yves, 2018. "Urban spatial structure, employment and social ties," Journal of Urban Economics, Elsevier, vol. 104(C), pages 77-93.

• Pierre M. Picard & Ridwan D. Rusli, 2018. "State‐owned firms and private debt," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 20(5), pages 672-702, October.

• Masashige Hamano & Pierre M. Picard, 2017. "Extensive and intensive margins and exchange rate regimes," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 804-837, August.

• Schindler, Mirjam & Caruso, Geoffrey & Picard, Pierre, 2017. "Equilibrium and first-best city with endogenous exposure to local air pollution from traffic," Regional Science and Urban Economics, Elsevier, vol. 62(C), pages 12-23.

• Thierry Bréchet & Yann Ménière & Pierre M. Picard, 2016. "The Clean Development Mechanism in a world carbon market," Canadian Journal of Economics, Canadian Economics Association, vol. 49(4), pages 1569-1598, November.

• Pierre M. Picard & Tim Worrall, 2016. "Is a Policy of Free Movement of Workers Sustainable?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 118(4), pages 718-754, October.

• Jan K. Brueckner & Darin N. Lee & Pierre M. Picard & Ethan Singer, 2015. "Product Unbundling in the Travel Industry: The Economics of Airline Bag Fees," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(3), pages 457-484, September.

• Brueckner, Jan K. & Picard, Pierre M., 2015. "Where and when to invest in infrastructure," Regional Science and Urban Economics, Elsevier, vol. 53(C), pages 123-134.

• Picard, P.M., 2015. "Trade, economic geography and the choice of product quality," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 18-27.

• Kristian Behrens & Susana Peralt & Pierre M. Picard, 2014. "Transfer Pricing Rules, OECD Guidelines, and Market Distortions," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(4), pages 650-680, August.

• Toshihiro Okubo & Pierre M. Picard & Jacques-François Thisse, 2014. "On The Impact Of Competition On Trade And Firm Location," Journal of Regional Science, Wiley Blackwell, vol. 54(5), pages 731-754, November.

• Picard, Pierre M. & Tabuchi, Takatoshi, 2013. "On microfoundations of the city," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2561-2582.

• Auriol, Emmanuelle & Picard, Pierre M., 2013. "A theory of BOT concession contracts," Journal of Economic Behavior & Organization, Elsevier, vol. 89(C), pages 187-209.

• Brueckner Jan K. & Picard Pierre M., 2013. "Airline Alliances, Carve-Outs and Collusion," Review of Network Economics, De Gruyter, vol. 12(2), pages 211-227, June.

• Picard, Pierre M. & van Pottelsberghe de la Potterie, Bruno, 2013. "Patent office governance and patent examination quality," Journal of Public Economics, Elsevier, vol. 104(C), pages 14-25.

• Picard, Pierre M. & Okubo, Toshihiro, 2012. "Firms' locations under demand heterogeneity," Regional Science and Urban Economics, Elsevier, vol. 42(6), pages 961-974.

• Behrens, Kristian & Picard, Pierre M., 2011. "Transportation, freight rates, and economic geography," Journal of International Economics, Elsevier, vol. 85(2), pages 280-291.

• Picard, Pierre M. & Wildasin, David E., 2011. "Outsourcing, labor market pooling, and labor contracts," Journal of Urban Economics, Elsevier, vol. 70(1), pages 47-60, July.

• Mossay, P. & Picard, P.M., 2011. "On spatial equilibria in a social interaction model," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2455-2477.

• Pierre M. Picard, 2011. "Regional And Spatial Economics," Manchester School, University of Manchester, vol. 79(5), pages 933-937, September.

• Picard, Pierre M. & Pieretti, Patrice, 2011. "Bank secrecy, illicit money and offshore financial centers," Journal of Public Economics, Elsevier, vol. 95(7-8), pages 942-955, August.

• Pierre Picard & Takatoshi Tabuchi, 2010. "Self-organized agglomerations and transport costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(3), pages 565-589, March.

• Thierry Bréchet & Pierre M. Picard, 2010. "The Price Of Silence: Markets For Noise Licenses And Airports," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(4), pages 1097-1125, November.

• Okubo, Toshihiro & Picard, Pierre M. & Thisse, Jacques-François, 2010. "The spatial selection of heterogeneous firms," Journal of International Economics, Elsevier, vol. 82(2), pages 230-237, November.

• Pierre M. Picard & Dao‐Zhi Zeng, 2010. "A Harmonization Of First And Second Natures," Journal of Regional Science, Wiley Blackwell, vol. 50(5), pages 973-994, December.

• Emmanuelle Auriol & Pierre M. Picard, 2009. "Government Outsourcing: Public Contracting with Private Monopoly," Economic Journal, Royal Economic Society, vol. 119(540), pages 1464-1493, October.

• Pierre M. Picard & Eric Toulemonde, 2009. "On monopolistic competition and optimal product diversity: workers' rents also matter," Canadian Journal of Economics, Canadian Economics Association, vol. 42(4), pages 1347-1360, November.

• Kristian Behrens & Pierre M. Picard, 2008. "Bidding for Horizontal Multinationals," Journal of the European Economic Association, MIT Press, vol. 6(6), pages 1244-1278, December.

• Emmanuelle Auriol & Pierre M. Picard, 2008. "Infrastructure and Public Utilities Privatization in Developing Countries," World Bank Economic Review, World Bank Group, vol. 23(1), pages 77-100, November.

• Kristian Behrens & Pierre M. Picard, 2007. "Welfare, home market effects, and horizontal foreign direct investment," Canadian Journal of Economics, Canadian Economics Association, vol. 40(4), pages 1118-1148, November.

• Paul Belleflamme & Pierre M. Picard, 2007. "Piracy and Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(2), pages 351-383, June.

• Picard, Pierre M. & Toulemonde, Eric, 2006. "Firms agglomeration and unions," European Economic Review, Elsevier, vol. 50(3), pages 669-694, April.

• Picard, Pierre M. & Zeng, Dao-Zhi, 2005. "Agricultural sector and industrial agglomeration," Journal of Development Economics, Elsevier, vol. 77(1), pages 75-106, June.

• Picard, Pierre M. & Toulemonde, Eric, 2004. "Endogenous qualifications and firms' agglomeration," Journal of Urban Economics, Elsevier, vol. 55(3), pages 458-477, May.

• Picard, Pierre M. & Thisse, Jacques-Francois & Toulemonde, Eric, 2004. "Economic geography and the distribution of profits," Journal of Urban Economics, Elsevier, vol. 56(1), pages 144-167, July.

• Pierre M. Picard & Eric Toulemonde, 2003. "Taxation and Labor Markets," Journal of Economics, Springer, vol. 78(1), pages 29-56, January.

• Picard, P. M. & Toulemonde, E., 2003. "Regional asymmetries: economies of agglomeration versus unionized labor markets," Regional Science and Urban Economics, Elsevier, vol. 33(2), pages 223-249, March.

• Pierre M. Picard & Éric Toulemonde, 2001. "De quel côté du marché du travail prélever les impôts ?. Nouveaux éléments théoriques," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 149-156.

• Picard, Pierre M, 2001. "Optimal Employment Subsidies and Market Structures in Industries with Unemployment," Oxford Economic Papers, Oxford University Press, vol. 53(2), pages 352-372, April.

• Picard, Pierre M., 2001. "Job additionality and deadweight spending in perfectly competitive industries: the case for optimal employment subsidies," Journal of Public Economics, Elsevier, vol. 79(3), pages 521-541, March.

• Pierre Picard, 2001. "Optimal Employment Subsidies to Heterogeneous Workers: Unemployment-Trap, Job-Additionality and Tax Rates," Annals of Economics and Statistics, GENES, issue 62, pages 97-125.

• Pierre Picard & Eric Toulemonde, 2001. "On the Equivalence of Taxes Paid by Employers and Employees," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(4), pages 461-470, September.

• Belleflamme, Paul & Picard, Pierre & Thisse, Jacques-Francois, 2000. "An Economic Theory of Regional Clusters," Journal of Urban Economics, Elsevier, vol. 48(1), pages 158-184, July.

Book chapters

• Huveneers Ch. & Picard P.M. (1997), "Politiques industrielles ", Chapter 5 in "Chômage: Réduire la Fracture", Vanderlinden Ed., DeBoeck Brussels.

• Bréchet Th. & Picard P.M. (2012) “Airport noise pollution: how to regulate efficiently by confronting victims and polluters?”, Chap 5 in “Développement durable et économie environnementale régionale”, Eds Sébastien B and Hamaide B. IWEPS, FUSL, ISBN-13: 978-2-8028-0209-9.

• Editor Note of The Special Issue of The Manchester School on Regional and Spatial economics (2011).

Publications in conference proceedings

• Behrens K. & Picard P.M. (2006) Tax competition, location, and horizontal foreign direct investment, IFIR Lexington 2006, USA,

• Picard P.M. et E. Toulemonde E. (2002) "Qualification des travailleurs et agglomération des firmes", Congrès des Economistes Belges de Langue Française, Congrès des Economistes Belges de Langue Française, CIFOP 2002.

• Picard P.M. (1998) "Aides à l'emploi, effet d'aubaine et déplacement d'activité.", Congrès des Economistes Belges de Langue Française, Congrès des Economistes Belges de Langue Française, CIFOP 1998.

Professional Journal Papers

• Brechet T. and Picard P. (2007), « Can economic instruments regulate noise pollution in location near airports? », Brussels Studies (12), December 3rd

• Picard P.M. et E. Toulemonde E. (2000), "De quel côté du marché du travail prélever les impôts? - Nouveaux éléments théoriques", Reflets et Perspectives de le Vie Economique.

• Picard P.M. (1999) "Les revenus et les niveaux de vie sont-ils plus équitables parmi les retraités?", Reflets et Perspectives de le Vie Economique.

Popular Journal Papers

• Picard (2005), « Une compensation pour les vols au dessus du Brabant et Bruxelles ? » Libre Belgique, Opinion.

• Brechet T. & Picard P. (2004), « Une solution à la gestion des vols de nuit : les permis de pollution », Le Soir, Carte Blanche.

• Brechet T. & Picard P. (2007), « Tant de bruit pour pas grand chose », Chronique d’Ecore, L’Echo de la Bourse, 13 October 2007.

• Brechet T. & Picard P. (2007), Environnement Une étude de « Brussels Studies » : Le survol en profondeur, Le Soir, 4 December 2007.

• Auriol E. & Picard P.M. (2009), Government outsourcing: Public contracting with private monopoly, Vox, November 24, 2009.

• Auriol E. & Picard P.M. (2009), High-Tech or low-profit businesses- when government outsourcing is most desirable, Media Briefing, The Economic Journal.

• Auriol E. & Picard P.M. (2010), "Faut-il externaliser les services publics?", Telos, January 13, 2010.

• Picard P.M. (2010), Faut-il externaliser les services publics ? Luxembourg Wort, Février 11, p. 62-64.

• Cordielia Chaton (2011) Grundeinkommen für alle, vom Bettler bis zum Millionär Kann ein bedingungsloses Grundeinkommen gesellschaftliche Probleme lösen? Luxembourg Wort, Interview April 2011.

• Picard P.M. « World Class University: Made in Luxembourg », Land, April 6. 2012.

• Los Angeles Times (2014, March 23) by By Hugo Martin, “Airlines lowered fares but not enough to offset bag fees, study says.” about the paper “Product Unbundling in the Travel Industry: The Economics of Airline Bag Fees”. http://www.latimes.com/business/money/la-fi-mo-lowered-airfares-do-not-offset-bag-fees-20140321,0,1772526.story#ixzz2wrtbIxhs

• Picard P.M. and Margerita A. (2015) « Jean Tirole : de la microéconomie à l’économie comportementale », Land, May 8, 2015, Nummer 19.

• Patacchini, Picard and Zenou (2015) “How location affects friendship interactions”, Vox, CEPR, 20 July 2015.

Official Reports

• Hoogstoel, Dehaspe, Demain & Picard (1999), "Modèle de simulation de la politique de l'impôt des personnes physiques", Rapport pour les Services fédéraux des affaires Scientifiques, Techniques et Culturelles, FUNDP.

Others

• Tulkens H., Borissov K., Eyckmans J., Lambrecht St., Picard P.M., Tsachev T. and Veliov V. (2021), “A tribute to Thierry Bréchet, An economist of the environment and of the public interest.” European Association of Environmental and Resources Economists. News Letter, January 2022.