M. Pierre PESTIEAU

Present position

Since 1975, Professor of Economics, University of Liège.
Member of CORE and PSE.

Past positions

Assistant professor, Cornell University 1971-75

Other activities

CESifo Group, Munich, Council member
Coeditor, Journal of Public Economics
Associate editor: Economica, FinanzArchiv, Journal of Public Econonomic Theory
CEPR Research Fellow

Selected publications

- The value of explicit randomization in the tax code (with U. Possen and S. Slutsky), Journal of Public Economics, 67, 87-103, 1998
- Fiscal policy in a growth model with both altruistic and non-altruistic agents (with
Ph. Michel), Southern Economic Journal, 64, 682-697, 1998
- Labor mobility and redistribution with evolving altruism: the case of a small economy (with Ph. Michel and J-P. Vidal), Regional Science and Urban Economics, 28, 363-377, 1998
- Social insurance majority voting and labor mobility (with H. Cremer), Journal of Public Economics, 68, 397-420, 1998
- Delaying inter vivos transmission under asymmetric information (with H. Cremer), Southern Economic Journal, 65, 322-331, 1998
- Tax competition and revelation of preferences for public expenditure (with S. Bucovetsky and M. Marchand), Journal of Urban Economics, 44, 367-390
- Optimal population without repugnant aspects (with Ph. Michel), Genus, 54, 25-34, 1998.
- A simple two-country model of redistributive capital income taxation (with S. Lopez and
M. Marchand), Finanzarchiv, 55, 445-460, 1998.
- Fiscal policy when individuals differ with regard to altruism and labor supply (with Ph. Michel), Journal of Public Economic Theory, 1, 187-203, 1999
- Social security and retirement in Belgium (with J-Ph. Stijns), in Social Security and Retirement Around the World, D. Wise ed., University of Chicago Press, Chicago, 37-73, 1999
- The political economy of social security (with G. Casamatta and H. Cremer), Scandinavian Journal of Economics, 102, 502-522, 2000.
- Investing social security in the equity market. Does it make a difference? (with U. Possen), National Tax Journal, 53, 41-57, 2000.
- Political sustainability and the design of social insurance, (with G. Casamatta and H. Cremer), Journal of Public Economics, 75, 315-340, 2000
- Reforming our pension system. Is it a demographic, financial or political problem? (with
H. Cremer), European Economic Review, 44, 974-983, 2000.
- Redistribution with unobservable bequests: a case for taxing capital income (with R. Boadway and M. Marchand), Scandinavian Journal of Economics, 102, 253-267, 2000
- Altruism, voluntary contributions and neutrality, (with P-A. Jouvet and Ph. Michel), Economica, vol. 67, 465-475, 2000.
- Non-linear taxation of bequests, equal sharing rules and the trade-off between intra- and inter-family inequalities, (with H. Cremer), Journal of Public Economics, 79, 35-54, 2001.
- Demographic shock and social security. A political economy perspective (with G. Casamatta and H. Cremer), International Tax and Public Finance, vol. 8:4, 417-431, 2001.
- Direct versus indirect taxation: the design of the tax structure revisited (with H. Cremer and
J-C. Rochet), International Economic Review, 42(3), 781-799.
- Optimal redistribution with heterogenous preference for leisure (with R. Boadway, M. Marchand and M. Racionero), Journal of Public Economic Theory, 4, 475-498, 2002.
- Labor mobility, redistribution and pension reform in the European Union, (with A. Jousten), in M. Feldstein and H. Siebert, eds, Pensions Reforms. Where does Europe stands ?, University of Chicago Press, NBER, Chicago, 2002.
- Randomization, revelation and redistribution in a Lerner world, (with S. Slutsky and
U. Possen), Economic Theory, 20, 539-554, 2002.
- Family size and optimal income taxation (with H. Cremer and A. Dellis), Journal of Population Economics, 6, 37-54, 2003
- The role of gift and estate transfers in the United States and in Europe, in A. Munnell and
A. Sunden, eds, Death and Dollars, Brooking Institution, Washington, 2003, 64-85
- Redistribution with capital mobility and union’s wage setting (with M. Leite-Monteiro and
M. Marchand), Journal of Public Economic Theory, 5, 327-344, 2003.
- Social insurance and redistribution (with R. Boadway, M. Marchand and M. Leite Monteiro), in S. Cnossen, ed., Public Finance and Public Policy in the New Millennium, Mc Millan, 333-358, 2003.
- Optimal redistribution programs when different workers are indistinguishable (with
M. Marchand and M. Racionero), Canadian Journal of Economics, 36, 911-922, 2003.
- Indirect taxation and redistribution: the scope of the Atkinson-Stiglitz theorem (with R. Boadway), in Imperfect Economics: Essays in Honor of Joseph Stiglitz, edited by R. Kanbur and R. Arnott, MIT Press, 2003.
- Capital income taxation when inherited wealth is not observable (with H. Cremer and
J-C. Rochet), Journal of Public Economics, 87, 2475-2490, 2003.
- The double dividend of postponing retirement (with H. Cremer), International Tax and Public Finance, 10, 419-434, 2003
- Macroeconomics implications of portofolio adjustments of government run pension funds (with U. Possen), Journal of Pension Economics and Finance, 3, 7-34, 2004
- Fiscal policy with agents differing in altruism and in ability, (with Ph. Michel), Economica, 2004.
- Social security, variable retirement age and. optimal income taxation (with J-M. Lozachmeur and H. Cremer), Journal of Public Economics, 88, 2259-82, 2004.
- Can piece-wise fiscal coordination be welfare improving? A model of income redistribution (with M. Marchand and M. Sato), Journal of Urban Economics, 54, 451-458, 2004.
- Wealth transfer taxation: a survey of the theoretical literature (with H. Cremer), in S.C. Kolm and J. Mercier Ythier, eds, Handbook on Altruism, Giving and Reciprocity, NorthHolland, Amsterdam, 2004.
- Factor Mobility and Redistribution (with H. Cremer), in V. Henderson and J. Thisse, eds, Handbook of Regional and Urban Economics, vol. 4, North Holland, Amsterdam, 2004.