Associate Professor Benoit   Julien
Associate Professor

Associate Professor Benoit Julien

  • Ph.D. in Economics, Western University (formerly University of Western Ontario)
  • M.A. in Economics, Western University
  • B.A. Universite Laval and Queen's. 
Business School
Sch of Economics

My main research focus is on developing theoretical macroeconomic and monetary economic models with frictional markets, and to investigate how different forms of frictions (information, coordination, financial), along with different pricing mechanisms, affect equilibrium market allocations. In particular, such models are suitable to investigate how the equilibrium choice variables such as monetary, asset, consumption, physical and human capital depend on frictions and pricing environments.​​​

  • President, Australasian Macroeconomic Society (AMS)

Research Interests:

  • Search and matching
  • Labour markets
  • Monetary economics
  • Macroeconomics
  • Auctions and industrial organization

 

ASB Profile: http://www.asb.unsw.edu.au/schools/Pages/BenoitJulien.aspx

Phone
9385 3876
Location
Room 405, UNSW Business School Building

Publications

  • Journal articles | 2021
    Associate Professor Benoit Julien
    Wright R; Kircher P; Julien B; Guerrieri V, 2021, 'Directed search and competitive search equilibrium: A guided tour', Journal of Economic Literature, vol. 59, pp. 90 - 148, http://dx.doi.org/10.1257/jel.20191505
    Journal articles | 2021
    Associate Professor Benoit Julien
    Mangin S; Julien B, 2021, 'Efficiency in Search and Matching Models: A Generalized Hosios Condition', Journal of Economic Theory, http://dx.doi.org/10.1016/j.jet.2021.105208
    Journal articles | 2019
    Associate Professor Benoit Julien
    Han H; Julien B; Petursdottir A; Wang L, 2019, 'Asset liquidity and indivisibility', European Economic Review, vol. 119, pp. 236 - 250, http://dx.doi.org/10.1016/j.euroecorev.2019.07.008
    Journal articles | 2018
    Associate Professor Benoit Julien
    Julien B; Kennes J; Ritter M, 2018, 'Bidding for teams', Labour Economics, vol. 52, pp. 68 - 73, http://dx.doi.org/10.1016/j.labeco.2018.04.001
    Journal articles | 2018
    Associate Professor Benoit Julien
    Julien B; Roger G, 2018, 'Bidding for incentive contracts', Journal of Mathematical Economics, vol. 79, pp. 95 - 105, http://dx.doi.org/10.1016/j.jmateco.2018.05.001
    Journal articles | 2018
    Associate Professor Benoit Julien
    Gomis-Porqueras P; Julien B; Wang L, 2018, 'Competitive search with ex-post opportunism', B.E. Journal of Theoretical Economics, vol. 18, http://dx.doi.org/10.1515/bejte-2016-0083
    Journal articles | 2017
    Associate Professor Benoit Julien
    Gomis-Porqueras P; Julien B; Wang C, 2017, 'STRATEGIC ADVERTISING AND DIRECTED SEARCH', International Economic Review, vol. 58, pp. 783 - 806, http://dx.doi.org/10.1111/iere.12235
    Journal articles | 2017
    Associate Professor Benoit Julien
    Julien B; Mangin S, 2017, 'Efficiency of job creation in a search and matching model with labor force participation', Economics Letters, vol. 150, pp. 149 - 151, http://dx.doi.org/10.1016/j.econlet.2016.10.042
    Journal articles | 2016
    Associate Professor Benoit Julien
    Han H; Julien B; Petursdottir A; Wang L, 2016, 'Equilibrium using credit or money with indivisible goods', Journal of Economic Theory, vol. 166, pp. 152 - 163, http://dx.doi.org/10.1016/j.jet.2016.08.007
    Journal articles | 2014
    Associate Professor Benoit Julien
    Julien B; Kennes J; Ritter M, 2014, 'Efficient club formation in a frictional environment', Economics Letters, vol. 125, pp. 372 - 375, http://dx.doi.org/10.1016/j.econlet.2014.10.016
    Journal articles | 2013
    Associate Professor Benoit Julien
    Gomis-porqueras P; Julien B; Wang C, 2013, 'Optimal Monetary and Fiscal Policies In a Search-theoretic Model of Money and Unemployment', Macroeconomic Dynamics, vol. 17, pp. 1330 - 1354, http://dx.doi.org/10.1017/S1365100512000016
    Journal articles | 2013
    Associate Professor Benoit Julien
    Gomis-Porqueras P; Julien B, 2013, 'Introduction to the Macroeconomic Dynamics Special Issue on Inequality, Public Insurance and Monetary Policy', Macroeconomic Dynamics, vol. 17, pp. 1193 - 1197, http://dx.doi.org/10.1017/S136510051200082X
    Journal articles | 2012
    Associate Professor Benoit Julien
    Dutu R; Julien B; King I, 2012, 'On the Welfare Gains of Price Dispersion', Journal of Money Credit and Banking, vol. 44, pp. 757 - 786, http://dx.doi.org/10.1111/j.1538-4616.2012.00510.x
    Journal articles | 2011
    Associate Professor Benoit Julien
    Julien B; Kennes J; King IP, 2011, 'Implementing the Mortensen rule in a frictional labor market', Journal of Macroeconomics, vol. 33, pp. 80 - 91, http://dx.doi.org/10.1016/j.jmacro.2010.06.009
    Journal articles | 2011
    Associate Professor Benoit Julien
    Dutu R; Huangfu S; Julien B, 2011, 'Contingent Prices and Money', International Economic Review, vol. 52, pp. 1291 - 1308, http://dx.doi.org/10.1111/j.1468-2354.2011.00668.x
    Journal articles | 2009
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I; Mangin S, 2009, 'Directed search, unemployment and public policy', Canadian Journal of Economics - Revue Canadienne D Economique, vol. 42, pp. 956 - 983, http://dx.doi.org/10.1111/j.1540-5982.2009.01534.x
    Journal articles | 2009
    Associate Professor Benoit Julien
    Julien B; Dutu R, 2009, 'Technology Licensing and Grantbacks under Hidden Infomation', Journal of Institutional and Theoretical Economics - Zeitschrift fur die Gesamte Staatswissenschaft, vol. 165, pp. 561 - 578, http://dx.doi.org/10.1628/093245609789919676
    Journal articles | 2008
    Associate Professor Benoit Julien
    Benoit J; Richard D, 2008, 'Ex-ante production, directed search and indivisible money', Economics Bulletin, vol. 5, pp. 1 - 7
    Journal articles | 2008
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2008, 'Bidding for money', Journal of Economic Theory, vol. 142, pp. 196 - 217, http://dx.doi.org/10.1016/j.jet.2006.10.009
    Journal articles | 2008
    Associate Professor Benoit Julien
    Julien B; Dutu R, 2008, 'Ex-ante production, directed search and indivisible money', Economics Bulletin, vol. 5, pp. 1 - 7, http://www.accessecon.com/pubs/EB/2008/Volume5/EB-08E40005A.pdf
    Journal articles | 2007
    Associate Professor Benoit Julien
    Gomis-Porqueras P; Julien B, 2007, 'Market structure and the banking sector', Economics Bulletin, vol. 4, pp. 1 - 9, https://www.researchgate.net/publication/4886178_Market_Structure_and_the_Banking_Sector
    Journal articles | 2006
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2006, 'The Mortensen rule and efficient coordination unemployment', Economics Letters, vol. 90, pp. 149 - 155, http://dx.doi.org/10.1016/j.econlet.2005.07.019
    Journal articles | 2006
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2006, 'Residual Wage Disparity in Directed Search Equilibrium', International Economic Review, vol. 47, pp. 961 - 989, http://dx.doi.org/10.1111/j.1468-2354.2006.00402.x
    Journal articles | 2005
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2005, 'Efficient Bidding and Equilibrium Unemployment', Canadian Journal of Economics - Revue Canadienne D Economique, vol. 38, pp. 174 - 193, http://dx.doi.org/10.1111/j.0008-4085.2005.00274.x
    Journal articles | 2002
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2002, 'Auctions Beat Posted Prices in a Small Market', Journal of Institutional and Theoretical Economics - Zeitschrift fur die Gesamte Staatswissenschaft, vol. 158, pp. 548 - 548, http://hdl.handle.net/2292/154
    Journal articles | 2001
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2001, 'Auctions and Posted Prices in Directed Search Equilibrium', The B.E. Journals of Macroeconomics, vol. 1, http://dx.doi.org/10.2202/1534-5998.1024
    Journal articles | 2000
    Associate Professor Benoit Julien
    Julien B; Kennes J; King I, 2000, 'Bidding for Labor', Review of Economic Dynamics, vol. 3, pp. 619 - 649, http://dx.doi.org/10.1006/redy.1999.0089
  • Reports | 2018
    Associate Professor Benoit Julien
    Wright R; Kircher P; Julien B; Guerrieri V, 2018, Directed Search: matching partners with pricing., VOX EU CEPR, https://voxeu.org/article/guide-directed-search
    Reports | 2016
    Associate Professor Benoit Julien
    Heng JX; Julien B; Kennes J; King I, 2016, Job Qualities, Search Unemployment, and Public Policy, 570
    Reports | 2005
    Associate Professor Benoit Julien
    Bataille E; Julien B, 2005, Advertising, Pricing & Market Structure in Competitive Matching Markets, http://dx.doi.org/10.2139/ssrn.844409
    Reports |
    Associate Professor Benoit Julien
    Gomis-Porqueras P; Julien B; Wang C, Pricing, Advertising, and Market Structure with Frictions, http://research.economics.unsw.edu.au/RePEc/papers/2010-20.pdf
  • Working Papers | 2018
    Associate Professor Benoit Julien
    Julien B; Mangin S, 2018, Efficiency in Search and Matching Models: A Generalized Hosios Condition, 2018-10, http://dx.doi.org, http://www.sephorahmangin.info/current_research/working_papers/GeneralizedHosiosCondition.pdf
    Working Papers | 2017
    Associate Professor Benoit Julien
    Han H; Julien B; Petursdottir A; Wang L, 2017, Asset Pricing Equilibria with Indivisible Goods, 201705, http://dx.doi.org, https://ideas.repec.org/p/hai/wpaper/201705.html
    Working Papers | 2017
    Associate Professor Benoit Julien
    Wright R; Julien B; Kircher P; Guerrieri V, 2017, Directed Search: A Guided Tour, 12315, http://dx.doi.org, https://ideas.repec.org/p/cpr/ceprdp/12315.html
    Working Papers | 2017
    Associate Professor Benoit Julien
    Wright R; Kircher P; Julien B; Guerrieri V, 2017, Directed Search: A Guided Tour, 23884, http://dx.doi.org, https://ideas.repec.org/p/nbr/nberwo/23884.html
    Working Papers | 2016
    Associate Professor Benoit Julien
    Heng JX; Julien B; Kennes J; King I, 2016, Job Qualities, Search Unemployment, and Public Policy, http://dx.doi.org, https://ideas.repec.org/p/qld/uq2004/570.html
    Working Papers |
    Associate Professor Benoit Julien
    Han H; Julien B; Petursdottir A; Wang L, Credit, Money and Asset Equilibria with Indivisible Goods, 201608, http://dx.doi.org
    Working Papers |
    Associate Professor Benoit Julien
    Han H; Julien B; Petursdottir A; Wang L, Credit, Money and Asset Equilibria with Indivisible Goods, 201601, http://dx.doi.org
    Working Papers |
    Associate Professor Benoit Julien
    Julien B; Petursdottir A; Wang L, Monetary Equilibria with Indivisible Goods, 201428, http://dx.doi.org

Awards

Best discussant Prize, Workshop of the Australasian Macroeconomics Society, Melbourne 2014

2009 ASB Non-Professorial Research Achievement Award ($1000)

1990-1991 Alfred P. Sloan Doctoral Dissertation Fellowship.

1988-1994 University of Western Ontario Special University Scholarships.

 

Grants

ARC DP170104229 (2017-2021) “Productivity, growth and unemployment in economies with frictions”, ($165 000) joint with Ian King, Liang Wang and Randall Wright.

ARC DP170104227 (2017-2021) “Decentralized assets trading, centralized clearing and systemic risk”, ($139 000) joint with Guillaume Roger

International Collaboration Research Funds, UNSW Business School, $10000, 2017

2016 ARC Booster Grant for two near-miss ARC applications, UNSW Business School ($10000)

2013 UNSW for Workshops on Emerging Markets ($10000)

2012 Group Strategic fund Grant, UNSW for Workshops on Emerging Markets ($30000), School of Economics and CEPAR ($20000)

2010 Grants from UNSW ASB, Reserve Bank of Australia, Treasury Department, CAMA ANU, and University of Melbourne to organize the Workshop on Macroeconomic Dynamics (WMD) ($28000)

2009 Australian School of Business, Faculty Research Grant ($11000)

2004, 2005, 2006 Research Grant, AGSM ($4500 yearly)

2004 Faculty Research Grant, AGSM, ($10000).

2001-2002 Faculty Research Grant, University of Miami, ($21 000).

2002-2003 Faculty Research Grant, University of Miami, ($22 500)

1999-2000 Two Faculty Research grants: One for a study of contracts in the New Zealand electricity industry and regulation, one for pricing in finite markets. ($18000)

 

 

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