Society for Economic Dynamics

Society for Economic Dynamics
Name	Society for Economic Dynamics
Founded	1989
Headquarters	Paris, France
Fields	Economics
Leader title	President
Leader name	Olivier Blanchard

Society for Economic Dynamics is an international scholarly association dedicated to the advancement of research in macroeconomics, dynamic stochastic general equilibrium, growth theory, business cycles, and related areas of quantitative economics. It brings together researchers from institutions such as Massachusetts Institute of Technology, London School of Economics, Princeton University, Stanford University, and University of Chicago to share work influenced by methods used by scholars at Cowles Foundation, National Bureau of Economic Research, Centre for Economic Policy Research, and Institut d'Économie Industrielle. The Society fosters interaction among economists connected to programs at Harvard University, Yale University, New York University, and University College London" as well as policy organizations like the International Monetary Fund, World Bank, European Central Bank, and Federal Reserve Bank of New York.

History

The Society was established in 1989 following meetings of researchers who collaborated at centers such as Institute for Advanced Study, Russell Sage Foundation, Brookings Institution, and Santa Fe Institute. Early contributors included figures associated with Nobel Memorial Prize in Economic Sciences laureates from institutions like University of Pennsylvania, Columbia University, University of California, Berkeley, University of Minnesota, and Carnegie Mellon University. Founding conferences featured presentations by scholars linked to Princeton University Press, MIT Press, Cambridge University Press, and editorial boards of journals such as Journal of Political Economy, Econometrica, Review of Economic Studies, and Journal of Economic Theory. Over time the Society expanded connections to research programs at Bocconi University, Helsinki School of Economics, University of Toronto, and Australian National University.

Mission and Activities

The Society’s mission emphasizes rigorous theoretical modeling and empirical testing like work originating at Bell Labs, RAND Corporation, National Bureau of Economic Research Summer Institute, and research seminars at Cowles Commission. Activities include organizing workshops similar to those at Centre for Economic Policy Research and summer schools akin to programs at European University Institute and Institute for Advanced Studies. The Society supports collaborations among researchers affiliated with Centre National de la Recherche Scientifique, Max Planck Society, Wissenschaftszentrum Berlin, Sonderforschungsbereich, and laboratories at Johns Hopkins University. It also coordinates with editorial initiatives at Quarterly Journal of Economics, American Economic Review, Review of Financial Studies, and thematic conferences at Royal Economic Society meetings.

Membership and Governance

Membership comprises faculty and researchers from departments including Princeton University Department of Economics, Harvard Department of Economics, Stanford Department of Economics, Yale School of Management, and Columbia Business School. Governance features an elected council with roles comparable to committees at American Economic Association, European Economic Association, Econometric Society, and Society for Research in Child Development. Officers have often held posts at Federal Reserve Board, Bank of England, Bank of Italy, Bank of Spain, and international bodies such as Organisation for Economic Co-operation and Development and United Nations Conference on Trade and Development. Membership categories mirror structures used by Institute of Electrical and Electronics Engineers and Association for Computing Machinery for junior, regular, and senior affiliates.

Conferences and Meetings

Annual meetings rotate among venues like Princeton University, Massachusetts Institute of Technology, London School of Economics, Paris-Sorbonne University, and Bocconi University. Special workshops have been held at NBER Summer Institute, Santa Fe Institute, Banff Centre, Scuola Normale Superiore, and KNAW hosted sessions on topics influenced by research at Institute for Fiscal Studies, IZA Institute of Labor Economics, and Stellenbosch University. Panels often include discussants connected to journals such as Econometrica, Journal of Political Economy, Review of Economic Studies, and editors from Journal of Monetary Economics and Journal of Economic Dynamics and Control.

Publications and Awards

The Society sponsors proceedings and special issues published with presses like MIT Press, Cambridge University Press, and Oxford University Press and collaborates with journals including Journal of Economic Growth, Games and Economic Behavior, International Economic Review, and Macroeconomic Dynamics. It administers awards recognizing work associated with scholars who have received the Nobel Memorial Prize in Economic Sciences, Frisch Medal, John Bates Clark Medal, and prizes given by Econometric Society. Named lectures have honored contributors linked to Robert Solow, Thomas Sargent, Christopher Sims, Finn Kydland, and Edward Prescott. Young researcher prizes echo honors from European Economic Review and fellowships affiliated with Fulbright Program and Marie Skłodowska-Curie Actions.

Influence and Contributions to Economics

Research presented under the Society’s auspices has influenced policy debates at institutions such as the International Monetary Fund, European Central Bank, Federal Reserve System, and Bank for International Settlements. Scholars associated with the Society have contributed methods and models referenced in textbooks from MIT Press, Oxford University Press, and lecture series at Institut d'Études Politiques de Paris and Institute for Advanced Study. Work showcased by the Society has intersected with fields led by researchers at Cowles Foundation, Econometric Society, CEPR, and NBER, shaping approaches to topics studied by experts at Harvard Kennedy School, Chicago Booth School of Business, Yale School of Management, and London Business School.

Category:Economic societies