HEC Montréal has awarded the Gérard-Parizeau 2022 prize to René Garcia, full professor of economics at the Université de Montréal and CIRANO Fellow.

The Gérard-Parizeau Prize is a distinction, accompanied by a $30,000 scholarship, awarded by HEC Montréal for the past 20 years to recognize the outstanding contribution of a researcher in the fields of economics and management or history. The 2022 edition focused on the study of "economic conditions and financial markets". 

Holder of a PhD in economics from Princeton University, René Garcia is a CIRANO Fellow since 1994 and a full professor in the Department of Economics at the University of Montreal. 

He is the co-founder, with Eric Renault, of the Journal of Financial Econometrics, published by Oxford University Press, of which he was editor-in-chief from January 2003 to June 2012. Professor Garcia has held the Hydro-Québec Chair in Integrated Risk Management and Financial Mathematics, as well as a research fellowship from the Bank of Canada.

He will present a public lecture on the theme of his choice at the official award ceremony on October 11, 2022.

Other CIRANO researchers and Fellows have also received this award, such as Bernard Fortin in 2004 and Claude Montmarquette in 2019.