Prof. Dr. Michel Beine

Michel Beine

Full professor in economics, specialized in international economics

Faculté ou Centre Faculté de Droit, d'Économie et de Finance
Department Département Sciences économiques et gestion
Adresse postale Campus Kirchberg, Université du Luxembourg
6, rue Richard Coudenhove-Kalergi
L-1359 Luxembourg
Bureau sur le campus G 013
Téléphone (+352) 46 66 44 6752
Réseaux sociaux & blogs

Research Interests 

International Finance, International Macroeconomics


Michel Beine has been Full Professor in International Economics at the University of Luxembourg since September 2005.

He graduated in Economics at the University of Namur, Belgium (1991) and got a PhD in Economics at the Université Libre de Bruxelles (1997). His PhD thesis studied the desirability of the European Monetary Union.

He has been a researcher at the Service d’Etudes et de Statistiques of the Walloon region, during which time he specialized in economic forecasting.
After his thesis, he lectured at the University of Lille II (France) until his arrival at the University of Luxembourg. Since 2000, he has also taught Monetary Theory at the Université Libre de Bruxelles.
Michel Beine made scientific visits to several places, including the University of Ottawa (Canada), the University of Munich (Germany) or the World bank.

Please visit his personal homepages:

Last updated on: lundi 04 septembre 2017

CV_Michel Beine


  • June 1991 : Master in Economics, University of Namur, Belgium
  • Master Thesis : Impact of Fiscal Policy on the Current Account: Theory and Evidence
  • September 1997 : Phd in Economics, University of Brussels, Belgium
  • Phd Thesis : EMU in Europe : Lessons from the Theory of Optimum Currency Areas


  • Full professor, International Economics, University of Luxembourg
  • Research fellow: IRES (Université Catholique de Louvain), CES ifo (Munich, Germany) and CREAM (UCL, London)

Fields of interest

  • International finance: exchange rates; financial integration
  • International Economics: international migration, trade integration, diaspora externalities.


  • Winner of the 1991 prize of the Royal Belgian Society of Political Economy for the best Masters thesis entitled "L'impact de la politique budgetaire sur la balance courante: théorie et évidence empirique"
  • Top 1 2001 requested paper of the Journal of Development Economics (joint with F. Docquier and H. Rapoport) 
  • Winner of the 2002 Milken Institute Award for Distinguished Economic Research for the following paper "Brain drain and economic growth in LDC's: who loses and who wins?" (joint with F. Docquier and H. Rapoport)

Last updated on: 10 oct 2017


  • International Economics , University of Luxembourg, Bachelor 3
  • Econometrics 2, University of Luxembourg, Master 2
  • Research seminar in Economics,  University of Luxembourg, Master 1
  • Econometrics 1, Université Aix-Marseille, Master 1
  • The Economics of International Migration, University of Southampton, Phd



  • Econometrics 1, University of Luxembourg, Master 1
  • International Finance, University of Luxembourg, Master 1
  • International Economics, University of Luxembourg, Bachelor 3


  • The Economics of Monetary Union, University of Paris 1, Research Master

Last updated on: 04 sept 2014

His main research interests focus on International Economics, both on its financial and real aspects. One central area of interest is the issue of the brain drain from developing countries to developed countries, and its welfare aspects. Generally speaking, his work looks at the determinants and the impact of international migration.
His work was presented in many research seminars and international conferences. Part of his work has been published in international journals such as Journal of International Money and Finance, Journal of Banking and Finance, European Economic Review, Journal of Development Economics Journal of Regional Science or Economic Journal. Michel Beine is also associate editor of “International Economics” . He has worked as a consultant for various institutions such as the World Bank, Industry Canada, the Banque de France , the Economic Research Forum or the Walloon Region (Belgium).

Last updated on: 04 sept 2014


International Migration

  • International Migration, Transfers of Norms and Home Country Fertility, joint with F. Docquier and M. Schiff, revised February 2012
  • Dissecting Network Externalities in International Migration, joint with F. Docquier and C. Ozden, revised January 2012
  • The Determinants of International Mobility of Students, joint with L. Ragot and R. Noël New version
  • Dutch Disease and the Mitigation Effect of Migration : Evidence from Canadian provinces, joint with S. Coulombe and W. Vermeulen
  • Skilled Migration and the Transfer of Institutional Norms, joint with K. Sekkat
  • Climatic factors as determinants of International Migration, joint with Chris Parsons, CES IFO Working paper no. 3747

Last updated on: 15 mai 2012