Demers, Michel
Associate Professor
- B.A., M.A. (McGill), M.A., Ph.D. (Johns Hopkins)
- Email Demers, Michel
- 613-520-2600 x 3772
Languages spoken other than English: French
Research fields: macroeconomics, investment theory and finance, economic development and growth
Expertise:
• irreversible investment
• the impact of uncertainty on investment and financial decisions
• insurance and risk analysis
• growth, structural adjustment, and policy uncertainty
Refereed Publications in the Last 6 Years:
Most Significant Career Research Contributions:
“Political Risk and Irreversible Investment� (with Sumru G. Altuğ and Fanny S. Demers), CESifo Economic Studies, Volume 53, Number 3, September 2007, Pages 430–465.
“Investment Dynamics� (with Sumru G. Altuğ and Fanny S. Demers), Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium, ed. Sumru G. Altuğ, Jagjit S. Chadha, and Charles Nolan, Cambridge University Press, 2003, Chapter 2, Pages 34–154.
“Cost Uncertainty, Taxation, and Irreversible Investment� (with Sumru G. Altuğ and Fanny S. Demers), Current Trends in Economics: Theory and Applications, ed. Ahmet Alkan, Charalambos D. Aliprantis, and Nicholas C. Yannelis, Springer, 1999, Pages 41–72.
“A Privately Revealing Rational Expectations Equilibrium for the Futures Market� (with Fanny S. Demers), European Economic Review, Volume 33, Number 4, April 1989, Pages 663–685 (lead article).