Non resident scholars

Philippe Aghion

Philippe Aghion

Non Resident Fellow

Expertise: Corporate finance, industrial organisation, political economy and macroeconomics. CV: Download CV

Philippe Aghion, a Non-resident Senior Fellow since September 2006, is coordinating Bruegel's research project on higher education.

He is the Robert C. Waggoner Professor of Economics at Harvard University, where he started teaching Economics in 2000. Previously, he held positions at the European Bank for Reconstruction and Development (EBRD) and taught at the Massachusetts Institute of Technology (MIT), Nuffield College (Oxford), and University College London.

Philippe's research spans a broad array of fields including corporate finance, industrial organisation, political economy and macroeconomics. He is managing editor of the journal The Economics of Transition, which he launched in 1992.

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Policy Brief

Rethinking industrial policy

Rethinking industrial policy

Industrial policy has a bad name: ‘picking winners’ and thus distorting competition, while exposing government to capture by vested interests. But there are reasons for a rethink. First, climate change: without government intervention to jump-start massive private investment in clean technologies, governments, by default, encourage investment in dirtier technologies. Second, a new post-crisis realism: laissez-faire […]

By: Philippe Aghion, Julian Boulanger and Elie Cohen Topic: European Macroeconomics & Governance, Innovation & Competition Policy Date: June 16, 2011
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Working Paper

The relationship between health and growth: when Lucas meets Nelson-Phelps

The relationship between health and growth: when Lucas meets Nelson-Phelps

In this paper Bruegel Non-Resident Fellow Philippe Aghion combines the Lucas and Nelson-Phelps approaches to human capital to give us a better understanding of the relationship between health and growth.

By: Philippe Aghion Topic: Innovation & Competition Policy Date: September 5, 2010
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Blog Post

Philippe Aghion
Portraits Bruegel staff 2014

Kick-Starting the Green Innovation Machine

Senior Fellows Philippe Aghion and Reinhilde Veugelers, with Harvard researcher David Hemous, write about the need for government subsidies in encouraging ‘green innovation’ in an op-ed for Vox, the widely-read web portal for European economic policy research. Another, less data-focused version was also published in German business newspaper Handelsblatt (10 Dec). Both pieces was based […]

By: Philippe Aghion, David Hemous and Reinhilde Veugelers Topic: Energy & Climate, Innovation & Competition Policy Date: December 9, 2009
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Policy Contribution

Cold Start for the Green Innovation Machine

Cold Start for the Green Innovation Machine

This Policy Contribution accompanies the Policy Brief, ” target=”_blank”>Reinhilde Veugelers and Researcher

By: Philippe Aghion, Reinhilde Veugelers and Clément Serre Topic: Energy & Climate Date: November 23, 2009
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Policy Brief

No Green Growth Without Innovation

No Green Growth Without Innovation

This Policy Brief, co-written by Senior Non-Resident Fellow ” target=”_blank”>Reinhilde Veugelers and David Hemous of Harvard University, attempts to change the terms of the debate surrounding climate change policy. The authors argue that policymakers should do more to encourage innovation and investment in ‘green’ research and development rather than focusing solely on the setting of […]

By: Philippe Aghion, Reinhilde Veugelers and David Hemous Topic: Energy & Climate Date: November 23, 2009
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Blueprint

Higher aspirations: an agenda for reforming European universities

Higher aspirations: an agenda for reforming European universities

Since the introduction of the Shanghai ranking of the world‘s universities it has been clear that European universities are underperforming. This blueprint discusses the potential explanations and points at different reform priorities for higher education in Europe.

By: Philippe Aghion, Mathias Dewatripont, Caroline Hoxby, Andreu Mas-Colell and André Sapir Topic: Innovation & Competition Policy Date: June 2, 2008
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Blueprint

Coming of age: report on the euro area

Coming of age: report on the euro area

This report surveys the economic performance of the euro area and gives recommendations about six policy challenges of major importance for the future of EMU.

By: Philippe Aghion, Alan Ahearne, Marek Belka, Lars Heikensten, Jean Pisani-Ferry, André Sapir and Jürgen von Hagen Topic: European Macroeconomics & Governance Date: January 14, 2008
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Policy Brief

Why Reform Europe's Universities?

Why Reform Europe's Universities?

Based on a survey of European universities, this policy brief states that despite the good performance of some countries, Europe as a whole trails the US by a wide margin. The reason is two-fold. First, Europe invests too little in higher education. Second, European universities suffer from poor governance, insufficient autonomy and often perverse incentives. […]

By: Philippe Aghion, Mathias Dewatripont, Caroline Hoxby, Andreu Mas-Colell and André Sapir Topic: Innovation & Competition Policy Date: August 31, 2007
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Policy Brief

A primer on innovation and growth

A primer on innovation and growth

Philippe Aghion emphasises that for Europe to stimulate innovation and growth, it is not enough to increase spending on research and development and the protection of intellectual property.

By: Philippe Aghion Topic: Innovation & Competition Policy Date: October 9, 2006