Pierre-Carl Michaud

Photo of Pierre-Carl Michaud
Affiliated Adjunct Economist
Off Site Office

Education

Ph.D. in economics, Tilburg University; M.Sc. in economics, HEC Montreal; B.A. in business administration, HEC Montreal

Overview

Biography

Pierre-Carl Michaud is an adjunct economist at RAND. His work focuses on the economics of aging, which includes saving and retirement outcomes as well as health processes. This is funded by various grants from the National Institutes of Aging.

Research Focus

Concurrent Non-RAND Positions

Associate Professor of Economics, Université du Québec à Montréal (UQAM)

Recent Projects

  • R01- The Value of Long-Term Care Insurance to Married and Single Persons
  • R01 - Working Lives, Physiological Dysregulation and International Health Differences
  • R01 Integrated Retirement Models
  • P01- Structural Modeling of Retirement and Savings Behavior across Countries

Selected Publications

Dionne, G., P.-C. Michaud and M. Dahchour, "Separating Moral Hazard from Adverse Selection in Automobile Insurance: Longitudinal Evidence from France," Journal of the European Economic Association (forthcoming)

Michaud, P.-C. , D. Goldman, D. Lakadwalla, Y. Zheng and A. Gailey, "The Value of Medical Interventions to Reduce Obesity," Journal of Health Economics, 2012

Michaud, P-C., and F. Vermeulen, "Collective Labor Supply Models: Identification and Estimation in the Presence of Externalities," Labour Economics, 2011

Michaud, P.-C., K. Tatsiramos, "Fertility and Female Employment Dynamics in Europe: The Effect of Using Alternative Econometric Modeling Assumptions," Journal of Applied Econometrics, 2010

Goldman, D., Y. Zheng, F. Girosi, P.-C. Michaud, S.J. Olshansky, D. Cutler and J. Rowe, "The Benefits of Risk Factor Prevention in Americans Aged 51 and Older," American Journal of Public Health, 2010

Lakdawalla, D., D. Goldman, P.-C. Michaud, N. Sood, R. Lempert, Z. Cong, H. de Vries, I. Gutierrez, "U.S. Pharmaceutical Policy in a Global Marketplace," Health Affairs, 28(1):w138-w150, 2009

Michaud, P.-C. , A. van Soest, "Health and Wealth of Elderly Couples: Causality Tests using Dynamic Panel Data Models," Journal of Health Economics, 27(5):1312-1325, 2008

Brunello, G., P.-C. Michaud and A. Sanz-de-Galdeano, "The Rise of Obesity Across The Atlantic," Economic Policy, 2008

Honors & Awards

  • Eugene Garfield Economic Impact of Health and Medical Research Award, Research in America and the University of Chicago
  • Early Career Research Excellence Award, Université du Québec à Montréal (Canada)

Publications

Optimal Financial Literacy and Saving for Retirement - 2011

Preventing Obesity and Its Consequences: Highlights of RAND Health Research - 2011

The Recent Evolution of Retirement Patterns in Canada - 2011

An Analysis of the Labor Markets for Anesthesiology - 2010

Is There a Shortage of Anesthesia Providers in the United States? - 2010

The Fiscal Consequences of Trends in Population Health - 2010

Using Matched Survey and Administrative Data to Estimate Eligibility for Medicare Part D Low Income Subsidy Program - 2010

Using Matched Survey and Administrative Data to Estimate Eligibility for the Medicare Part D Low Income Subsidy Program - 2010

Estimates of Potential Eligibility for Low-Income Subsidies Under Medicare Part D - 2009

Fertility and Female Employment Dynamics in Europe: The Effect of Using Alternative Econometric Modeling Assumptions - 2009

Grossman's Health Threshold and Retirement - 2009

International Differences in Longevity and Health and Their Economic Consequences - 2009

On the Rise of Health Spending and Longevity - 2009

The Benefits of Risk Factor Prevention in Americans Aged 51 Years and Older - 2009

U.S. Pharmaceutical Policy in a Global Marketplace - 2009

Understanding the Economic Consequences of Shifting Trends in Population Health - 2009

Fertility and Female Employment Dynamics in Europe: The Effect of Using Alternative Econometric Modeling Assumptions - 2008

How Did the Elimination of the US Earnings Test Above the Normal Retirement Age Affect Labour Supply Expectations? - 2008

Regulating Drug Prices: U.S. Policy Alternatives in a Global Context - 2008

The Rise in Obesity Across the Atlantic: An Economic Perspective - 2008

Using International Micro Data to Learn about Individuals' Responses to Changes in Social Insurance - 2008

Cross-Country Variation in Obesity Patterns among Older Americans and Europeans - 2007

Cross-country Variation in Obesity Patterns Among Older Americans and Europeans - 2007

Entrepreneurship, Wealth, Liquidity Constraints and Start-up Costs - 2007

Entrepreneurship, Wealth, Liquidity Constraints, and Start-Up Costs - 2007

How did the Elimination of the Earnings Test above the Normal Retirement Age affect Retirement Expectations? - 2007

Le Travail Indépendant Passé 50 Ans: Le Rôle De La Richesse Individuelle Et Des Coûts De Création D'entreprise - 2007

Obesity and Health in Europeans Aged 50 and Older - 2007

A Collective Labor Supply Model: Identification and Estimation in the Presence of Externalities By Means of Panel Data - 2006

Effects of Attrition and Non-Response in the Health and Retirement Study - 2006

Employment Dynamics of Married Women in Europe - 2005

Obesity and Health in Europeans Ages 50 and Above - 2005

Health and Wealth of Elderly Couples: Causality Tests Using Dynamic Panel Data Models - 2004

Health and Wealth of Elderly Couples: Causality Tests Using Dynamic Panel Data Models -