« The Paris School of Economics provided me with a first class environment to learn economic theory, but my stay at the LSE gave me the opportunity to meet researchers with different profiles, especially in the finance department. Being exposed to these two groups logically led to my development as a financial economist, and still has a large impact on my research today. The EDP is a rare opportunity to benefit from the comparative advantages of several excellent research institutions with complementary profiles. PhD students can seize this opportunity not only to get new skills, but more importantly to broaden their perspective. » 

Jean-Edouard Colliard, Assistant Professor of Finance, HEC Paris, 1 rue de la Libération, 78351 Jouy en Josas, France. 

Jean-Edouard COLLIARD, PhD in 2012

« The Bonn Graduate School of Economics provides the most comfortable, stimulating and productive research environment for a PhD student. The EDP allowed me to complement it with a year at one of the most active departments in economic theory, Tel Aviv University. This powerful combination was the key to developing my research as well as my academic career. If today I had the choice between the EDP and any top 10 US economics department, I would choose the EDP again. » 

Burkhard C. Schipper, Assistant Professor, University of California, Davis, Department of Economics, One Shields Avenue, Davis, CA 95616, USA, Tel: +1-530-752 6142, Fax: +1-530-752 9382 

Burkhard Schipper,
PhD in 2003

« The EDP offers an astounding breadth of courses and research capabilities. This yields a unique combination of intellectual diversity and top-level quality with no match anywhere in the world. Thanks to the annual Jamboree, PhD students and faculty can meet regularly allowing the EDP to retain its distinct flavour. The flexibility of the EDP also needs to be praised. Each of the components of the EDP has a very strong research identity and the easy mobility between places allows PhD students to find the best match for them. Starting from Paris, my stay abroad was supposed to be for one year at the LSE. I ended up staying there for more than 10 years! My career would have certainly looked very different without the EDP. » 

Dr. Klaus M. Schmidt, Professor, Department of Economics, University of Munich, Ludwigstrasse 28/08 (Rgb), D-80539 München, Germany, Tel. +49 89 2180 2250 

Gilles Duranton,
PhD in 1996

« As a participant of the EDP, I enjoyed high-quality course offerings and the program’s international focus. What impressed me most, though, was the emphasis on creativity and intellectual excellence which cannot be found in many other places. All this in an environment where a passionate peer group made it fun spending long hours over the books. Many of my classmates will be friends for life. I highly praise the EDP for what it is: the premier European doctoral program in Economics. » 

Anke S Kessler, Simon Fraser University, 8888 University Drive, Burnaby, BC, V5A 1S6, Canada, Tel: + 1-604-291-3443, Fax: +1-604-291-5944 

Anke Kessler,
PhD in 1996

« Sometimes ago, Jean Gabszewicz asked me whether I was interested in enrolling in the EDP. Without thinking too much, I answered: Sure, if you accept to be my supervisor. That was the smartest decision I took in my professional life. My EDP journey then started: one year in Paris, and then back to Louvain, at CORE: a really unique environment where to write a dissertation and learn from graduate students as much as from well-known scholars. My thesis was in international trade, so before defending it I was encouraged to spend a couple of months in Tel-Aviv University (an EDP partner) to seek Helhanan Helpman’s advice. After graduating, I moved to Pompeu Fabra, which later also joined the EDP. Having experienced the best Europe can offer, I then decided to cross the Atlantic to work in international financial organizations: a very different environment, with somehow different priorities. However, the intellectual discipline I got from the EDP turned out to be critical to succeed there without compromising with the basic principles I learned in my graduate studies: intellectual rigor. Such a debt is bigger than the Italian one. » 

Tito Cordella, The World Bank, 1818 H Street NW, Washington D.C. 20433, U.S.A. , Tel. +1 202 458 4707 Jean-Edouard Colliard, Assistant Professor of Finance, HEC Paris, 1 rue de la Libération, 78351 Jouy en Josas, France. 

PhD in 1993

« The year I spent in Bonn as part of the EDP programme (my home institution was EHESS) has played an essential role in shaping my taste in economics and game theory. The idea of getting exposed to several communities and several lines of thought during the PhD strikes me as the essence of the EDP programme and I still feel now that I have benefited a lot from it. » 

Philippe Jehiel, Professor, Paris-Jourdan Sciences Economiques (CERAS) and University College London, 48 Boulevard Jourdan, F-75014 Paris, France, Tel: 33-1-43136386, Fax: 33-1-43136382 

Philippe Jehiel, PhD in 1992

The EDP is a springboard for economic research at an internationally competitive level. I benefited very much from the intensive research atmosphere, the permanent challenge by my class mates and teachers, and the year I spent abroad at the London School of Economics. It is in large part due to the EDP and the pioneering work of the department in Bonn that economics in Germany is back on the international map. » 

Dr. Klaus M. Schmidt, Professor, Department of Economics, University of Munich, Ludwigstrasse 28/08 (Rgb), D-80539 München, Germany, Tel. +49 89 2180 2250 Jean-Edouard Colliard, Assistant Professor of Finance, HEC Paris, 1 rue de la Libération, 78351 Jouy en Josas, France. 

Klaus Schmidt,
PhD in 1991

« The European Doctoral Program opened up the door for me to a world of rigorous thinking about economic and social issues. This has made a huge difference to my life. When I joined in Bonn, we were just a small group of students. But our professors’ and my fellow students’ commitment to thinking deeply and carefully, and everyone’s generosity with their time, have always remained with me as a model of an academic community. » 

Tilman Borgers, Professor, Department of Economics, University of Michigan, 611 Tappan Street, 337 Lorch Hall, Ann Arbor, MI 48109, USA, Tel.: (734) 764 8022 Jean-Edouard Colliard, Assistant Professor of Finance, HEC Paris, 1 rue de la Libération, 78351 Jouy en Josas, France. 

PhD in 1987

« I use to say that I have been the first « flying EDP prototype » (and I am proud of it). I started my PhD at CORE in 1975 under the supervision of Werner Hildenbrand, at the time he was moving to Bonn. It was also at the time that EDP was founded. I then fitted naturally into the EDP scheme. I have indeed spent long periods of time at the University of Bonn, before eventually defending my thesis in Louvain, with Jacques Drèze as co-supervisor. I have benefited from exceptional working conditions, both in Louvain and Bonn, where I had the chance to meet leaders in mathematical economics. After having held positions in different universities I eventually came back to Louvain in 1992. » 

Pierre Dehez, Professor, CORE, Université catholique de Louvain, 34 Voie du Roman Pays, B-1348 Louvain-la-Neuve, Belgium, Tel. +32 10 474321 

Pierre DEHEZ,
PhD in 1980

The Bonn Graduate School of Economics is renowned for its excellence in microeconomic theory. There are two key factors that contribute to its reputation. Firstly, the school boasts an exceptional faculty in terms of both quality and size. Only a few institutions worldwide, such as Northwestern, have a theory faculty of comparable size. Secondly, the school provides access to exchange programs with other top-tier institutions across the globe.

The significance of this second factor cannot be overstated. I firmly believe that academia thrives through exposure to diverse scholarly cultures, groups, and approaches. This belief holds particular relevance, especially at the beginning of one’s career.

Personally, I had the privilege of participating in the EDP program, which allowed me to visit the London School of Economics from my home institution in Bonn. The international exposure I gained through the EDP was truly invaluable. It broadened my intellectual horizons, expanded my network, and prepared me for an international career in academia.

Carl Heese, Assistant Professor at Hing Kong University

Carl Heese

PhD in 2020

I am currently employed as Assistant Professor for Monetary Economics at the University of St Gallen, Switzerland. My PhD is from the Bonn Graduate School of Economics, but taking part in the EDP allowed me to also spend part of my PhD in London, at the London School of Economics and as an intern at the Bank of England. This period has been absolutely key for my development as an economist. I had the chance to discuss my ideas with leading experts in the field, I benefited from peer effects, I got to see how monetary policy works in practice, and I got to know many new co-authors and friends. Even today, I am still drawing from the experience and the research network set up during this period. 

Martin Wolf, Assistant Professor for Monetary Economics, University of St Gallen

Martin wolf

PhD in Bonn Graduate School of Economics in 2017