Julio Davila Muro

Professeur

SSH/ESPO -- Faculté des sciences économiques, sociales, politiques et de communication

SSH/ESPO/ECON -- Ecole des Sciences économiques/Economics School of Louvain

SSH/IDAM -- Louvain Institute of Data Analysis and Modeling in economics and statistics (IDAM)

SSH/IDAM/CORE -- Center for operations research and econometrics

Adresse postale

CORE
Voie du Roman Pays 34/L1.03.01
1348 Louvain-la-Neuve

Courriel

julio.davila@uclouvain.be

Site personnel

http://sites.google.com/site/juliodavilaedu/

CORE

N° tél.

+32 10 47 43 34

Professor of Economics
CORE - Center for Operations Research and Econometrics

University of Louvain

Louvain-la-neuve

Belgium

Previous positions

Directeur de Recherches
Centre National de la Recherche Scientifique France
(2008 - on leave )

Assistant Professor
Department of Economics
University of Pennsylvania USA
(1999-2006, 04-05 on leave)

Chargé de Recherches
Centre National de la Recherche Scientifique France
(1998 - 2007, 00-04 on leave)

Profesor Titular
Department of Economics and Economic History
Univ. Aut. de Barcelona Spain
(1994–1999, 98-99 on leave)

Other

Visiting Professor
ECARES
Université Libre de Bruxelles, Belgium
(2005-2008)

Postdoctoral Fellow
Department of Economics
Harvard University USA
(1995-1996)

Teaching Assistant
DELTA (Département et Laboratoire en Economie Théorique et Appliquée)

Ecole Normale Supérieure - Ecole des Hautes Etudes en Sciences Sociales - CNRS, France
(1992-1993)

Education

1994 PhD in Economics, DELTA, École des Hautes Études en Sciences Sociales, Paris (France)

1990 BA and MA in Economics, Universidad Complutense de Madrid (Spain)

Diplômes

Année	Label	Institution
1990	Licenciado en ciencias económicas	Universidad Complutense de Madrid
1994	Docteur en sciences économiques	Ecole des Hautes Etudes en Sciences Sociales (EHESS)

Les cours

Nom	ID
Mathématiques en économie et gestion II	LECGE1230
Game theory and information in economics	LECGE1333
Advanced Microeconomics II: General Equilibrium and Mechanism Design	LECON2112
Mathematics and Statistics for Economics	LECON2500

: Internalizing Fertility and Education Externalities on Capital Returns

Economic Theory (forthcoming)

Output Externalities on Total Factor Productivity

Macroeconomic Dynamics (doi: 10.1017/S1365100515000905) (2016)

The Rationality of Expectations Formation
The B.E. Journal of Theoretical Economics 16(2), 515-543 (2016)

Efficiency in Overlapping Genrations Economies with Longevity Choices and Fair Annuities (with M.-L. Leroux)

Journal of Macroeconomics 45, 363–383 (2015)

Implementing Steady State Effciency in Overlapping Generations Economies with Environmental Externalities (with N.T. Dao)
Journal of Public Economic Theory 16(4), 620-649 (2014)

Can Geography Lock a Society in Stagnation? (with N.T. Dao)
Economics Letters 120(3), 442-446 (2013)

Implementing the Best Steady State with Savings in Unbacked Risky Assets

Macroeconomic Dynamics 17(4), 779-801 (2013)
The Taxation of Capital Returns in Overlapping Generations Models
Journal of Macroeconomics 34, 441-453 (2012)

Constrained Efficiency in the Neoclassical Growth Model with Uninsurable Idiosyncratic Shocks (with J.H. Hong, P. Krusell and J.V. Ríos Rull)
Econometrica 80(6), 2431-2467 (2012)

Bargaining over public Goods (with J. Eeckhout and C. Martinelli)
Journal of Public Economic Theory 11(6), 927-945 (2009)

Competitive Bargaining Equilibrium (with J. Eeckhout)
Journal of Economic Theory 139, 269-294 (2008)

Local Sunspot Equilibria Reconsidered (with P. Gottardi and A. Kajii)
Economic Theory 31, 401-425 (2007)

Multiplicity, Instability and Sunspots in Games
Journal of Mathematical Economics 39, 197-217 (2003)

Sunspot Cycles
Economic Theory 22, 169-192 (2003)

Time and Uncertainty in Overlapping Generations Economies
Journal of Economic Theory 100, 356-386 (2001)

Sunspot Fluctuations in Systems with Memory (with R. Guesnerie)
in Assessing Rational Expectations : Sunspot Multiplicity and Economic Fluctuations
MIT Press (2001)

On the Connection between Correlated and Sunspot Equilibria
in Current Trends in Economics: Theory and Applications
A. Alkan, Ch.D.Aliprantis, N.C. Yannelis, eds.
Springer-Verlag (1999)

A Note on the Size of Determinacy and Indeterminacy
Economic Theory 12, 213-223 (1998)

Sunspot Equilibria in Dynamics with Predetermined Variables
Economic Theory 10, 483-495 (1997)

Sunspots and Cycles: The Poincaré-Hopf Approach (with P.-A. Chiappori)
Journal of Mathematical Economics 26, 269-284 (1996)

On Sunspot Equilibria in Overlapping Generations Models
Revista Española de Economía 11, 233-245 (1994)

recent (or unpublished)

Optimal Population and Education

Discussion Paper 2011/60 , CORE, Université c. de Louvain (2011)

The Rationality of Expectations Formation and Excess Volatility

Document de Travail 2008.99 , Centre d'Economie de la Sorbonne (2008)

Is Bargaining over Prices Efficient? (with J. Eeckhout)

CARESS Working Paper 02-10, University of Pennsylvania (2002)

PIER Working Paper 02-045 , Penn Institute for Economics Research (2002)

Reducing Overlapping Generations Economies to Finite Economies

CARESS Working Paper 00-08 , University of Pennsylvania (2000)

JournalArticle

2018

Davila Muro, Julio. Internalizing fertility and education externalities on capital returns. In: Economic Theory, Vol. 66, p. 343-373 (2018). doi:10.1007/s00199-017-1062-z.

http://hdl.handle.net/2078.1/196671

2017

Davila Muro, Julio. Output externalities on factor productivity. In: Macroeconomic Dynamics, Vol. 21, p. 1389-1425 (2017). doi:10.1017/S1365100515000905.

http://hdl.handle.net/2078.1/187839

2016

Davila Muro, Julio. The Rationality of Expectations Formation. In: B.E. Journal of Theoretical Economics : Topics in Theoretical Economics, Vol. 16, no. 2, p. 515-543 (2016).

http://hdl.handle.net/2078.1/168564

2015

Davila Muro, Julio ; Leroux, Marie-Louise. Efficiency in overlapping generations economies with longevity choices and fair annuities. In: Journal of Macroeconomics, Vol. 45, p. 363-383 (2015).

http://hdl.handle.net/2078.1/161975

2014

Dao, Nguyen Thang ; Davila Muro, Julio. Implementing steady state efficiency in overlapping generations economies with environmental externalities. In: Journal of Public Economic Theory, Vol. 16, no.4, p. 620-649 (2014). doi:10.1111/jpet.12073.

http://hdl.handle.net/2078.1/146896

2013

Dao, Nguyen Thang ; Davila Muro, Julio. Can geography lock a society stagnation?. In: Economics Letters, Vol. 120, no.3, p. 442-446 (2013). doi:10.1016/j.econlet.2013.05.031.

http://hdl.handle.net/2078.1/134750

2013

Davila Muro, Julio. Implementing the best steady state with savings in unbacked risky assets. In: Macroeconomic Dynamics, Vol. 17, no.4, p. 779-801 (2013). doi:10.1017/S136100511000666.

http://hdl.handle.net/2078.1/134752

2012

Davila Muro, Julio ; Hong, Jay H. ; Krusell, Per ; Rios-Rull, José-Victor. Constrained efficiency in the neoclassical growth model with uninsurable idiosyncratic shocks. In: Econometrica, Vol. 80, no.6, p. 2431-2467 (2012). doi:10.3982/ECTA5989.

http://hdl.handle.net/2078/122497

2012

Davila Muro, Julio. The taxation of capital returns in overlapping generations models. In: Journal of Macroeconomics, Vol. 34, no. 2, p. 441-453 (2012). doi:10.1016/j.jmacro.2011.12.010.

http://hdl.handle.net/2078.1/111001

2009

Davila Muro, Julio ; Eeckhout, Jan ; Martinelli, César. Bargaining over public goods. In: Journal of Public Economic Theory, Vol. 11, no. 6, p. 927-945 (Décembre 2009). doi:10.1111/j.1467-9779.2009.01438.x.

http://hdl.handle.net/2078.1/29163

2008

Davila Muro, Julio ; Eeckhout, Jan. Competitive bargaining equilibrium. In: Journal of Economic Theory, Vol. 139, no. 1, p. 269-294 (2008). doi:10.1016/j.jet.2007.03.001 .

http://hdl.handle.net/2078.1/23426

2007

Davila Muro, Julio ; Gottardi, Piero ; Kajii, Atsushi. Local Sunspot Equilibria Reconsidered. In: Economic Theory, Vol. 31, p. 401-425 (2007). doi:10.1007/s00199-006-0108-4.

http://hdl.handle.net/2078.1/116651

2003

Davila Muro, Julio. Multiplicity, instability and sunspots in games. In: Journal of Mathematical Economics, Vol. 39, p. 197-217 (2003).

http://hdl.handle.net/2078.1/116652

2003

Davila Muro, Julio. Sunspot cycles. In: Economic Theory, Vol. 22, p. 169-192 (2003).

http://hdl.handle.net/2078.1/116653

2001

Davila Muro, Julio. Time and Uncertainty in Overlapping Generations Economies . In: Journal of Economic Theory, Vol. 100, p. 356-386 (2001).

http://hdl.handle.net/2078.1/116655

BookChapter

2001

Davila Muro, Julio ; Guesnerie, Roger. Sunspot equilibria in systems with memory : an introductory presentation. In: Roger Guesnerie, Assessing Rational Expectations : Sunspot Multiplicity and Economic Fluctuations, MIT, 2001, 255-280 (chap.9). 0262072076.

http://hdl.handle.net/2078.1/116657

WorkingPaper

2016

Davila Muro, Julio. On the Effects of Private Capital Falling into the Public Domain (CORE Discussion Paper; 2016/45), 2016. 28 p.

http://hdl.handle.net/2078.1/179163

2015

Dao, Nguyen Thang ; Davila Muro, Julio. Gender inequality, technological progress, and the demographic transition (CORE Discussion Papapers; 2015/38), 2015. 37 p.

http://hdl.handle.net/2078.1/165181

2014

Davila Muro, Julio. Output externalities on total factor productivity (CORE Discussion Paper; 2014/37), 2014.

http://hdl.handle.net/2078.1/152298

2014

Davila Muro, Julio. The rationality of expectations formation (CORE Discussion Paper; 2014/43), 2014.

http://hdl.handle.net/2078.1/152305

2013

Dao, Nguyen Thang ; Davila Muro, Julio. Can geography lock a society in stagnation? (CORE Discussion Paper; 2013/30), 2013.

http://hdl.handle.net/2078.1/131523

2011

Dao, Nguyen Thang ; Davila Muro, Julio. Implementing steady state efficiency in overlapping generations economies with environmental externalities (CORE Discussion Paper; 2011/31), 2011.

http://hdl.handle.net/2078.1/78970

2011

Davila Muro, Julio. Optimal population and education (CORE Discussion Paper; 2011/60), 2011.

http://hdl.handle.net/2078.1/95753

2009

Davila Muro, Julio ; Leroux, Marie-Louise. On the fiscal treatment of life expectancy related choices (CORE Discussion Papers; 2009/60), 2009.

http://hdl.handle.net/2078.1/28519

2009

Davila Muro, Julio. The taxation of savings in overlapping generations economies with unbacked risky assets (CORE Discussion Paper; 2009/78), 2009.

http://hdl.handle.net/2078.1/29018

2008

Davila Muro, Julio. The taxation of capital returns in overlapping generations economies without financial assets (CORE Discussion Papers; 2008/75), 2008. 27 p.

http://hdl.handle.net/2078.1/20827