Thematic center

Human capital Center

Mobilizing research in the economics of education and labor to better understand social transformations and contribute to a more equitable and sustainable future.

Featured research

Extreme Poverty: A New Study Highlights the Crucial Role of Unemployment, Inflation, and Rent Prices

  • TSE Reflect

  • Infrastructure and Networks

  • Human Capital

Although often associated with foreign countries, extreme poverty is, in fact, a phenomenon that particularly affects France among developed nations. While data on the most vulnerable populations in wealthy…

Do admission platforms help students find the right course?

  • TSE Reflect

  • Human Capital

Every year, national admission systems attempt to match millions of applicants with their preferred schools and universities. Yet their coordination efforts are undermined as they operate alongside private…

Smarter pay, fairer schools

  • TSE Reflect

  • Human Capital

Children in rural schools are often outperformed by their urban peers, especially in developing countries. As Scientific Director of TSE Human Capital Center, Matteo Bobba leads a team of economists focused on how…

Latest news

Économie du désordre mondial (Economy of Global Disorder) : A Best-Seller That Fuels Public Debate

  • Corporate

  • Research

  • TSE Research

  • Development

  • Social and Behavioral Sciences

  • Economics

Erosion of multilateralism, strategic priorities, belief traps... As we begin the 2026 academic year, Jean Tirole and Karine Van der Straeten are contributing their insights to the public debate with the release…

Human Capital Conference 2026

  • Corporate Relations

  • TSE Research

  • Partnership research

  • Human Capital

The Toulouse School of Economics hosted its inaugural Human Capital Conference on 22–23 June 2026 in Toulouse, bringing together leading economists from institutions across the world. Over two days, presentations…

ERC Grant awarded to Olivier de Groote

  • Research

  • Prize and Award

  • Human Capital

In the press

How to Limit the Rise in Unemployment

  • Op-ed

  • Economics

Recent reforms to the labor market and unemployment insurance have helped stabilize the employment rate.

Household Debt: Why We Need to Increase Transparency

  • Op-ed

  • Economics

Half of French households go into the red at least once a year.

There is an urgent need to reinvent the social contract in higher education

  • Op-ed

  • Economics

The sharp rise in salaries among the international scientific elite has made the race for excellence extremely costly.

Events

2nd Human Capital Conference

  • Conference

  • Date From 21 to 22 June 2027

  • Place Auditorium 3 JJ Laffont

Details

Past

Do firm effects add up?

  • Seminar

  • Econometrics and Empirical Economics Seminar

  • Date 29 September 2026

  • Place Auditorium 4

  • Speaker or organiser Thibaut Lamadon (University of Chicago)

Details

Past

The Consumption Value of College

  • Seminar

  • Econometrics and Empirical Economics Seminar

  • Date 22 September 2026

  • Place Auditorium 4

  • Speaker or organiser Yifan Gong (University of Nebraska-Lincoln)

Details

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Videos

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Purpose & ambition 

The growing importance of education- and labor-related challenges is profoundly transforming economic and social dynamics, both in France and internationally. In a context marked by rapid changes in skills, career paths, and inequalities, TSE seeks to enhance public and private stakeholders’ understanding of the economic mechanisms underlying human capital. In particular, it aims to promote the design of more effective public policies and organizational strategies grounded in evidence-based research. 

 In this context, TSE’s Human Capital Center aims to: 

  • Bring together and promote TSE’s scientific expertise in human capital economics
  • Foster collaboration with partners around targeted research issues
  • Structure and encourage researchers’ contributions to public policy debates 

 TSE draws on a recognized community of researchers specializing in the economics of education and labor markets. Established in 2025, the TSE Human Capital Center builds on TSE’s longstanding research in these fields and on methodological advances in empirical economics. Today, its researchers play an active role in public debates on education policy, the future of work, and inequality by providing scientific insights to policymakers and economic stakeholders.

Photo Olivier De Groote

By leveraging TSE’s scientific expertise, the Human Capital Center aims to deepen our understanding of the drivers of inequality and contribute to the design of more effective policies in support of inclusive and sustainable growth.

Olivier De Groote, Director of the Center

Research areas 

Over the years, our researchers’ expertise in the field of human capital has grown and diversified. The five research areas presented below reflect the main fields of research in which they are engaged. 

Objectives : From early childhood education to compulsory schooling and higher education, many important questions have been explored by our researchers. These include the optimal design of student assignment mechanisms, as well as the measurement and improvement of school and teacher quality. 

Program leader : Olivier De Groote 


 

Objectives : The widespread use of AI throughout the economy is reshaping multiple dimensions of the labor market, from skill formation to aggregate labor demand. Theoretical insights and evidence-based research help us understand how emerging technologies, such as AI, are transforming the future of work. 

Program leader : François Poinas 

Objectives : Children born in rural or remote communities achieve significantly lower educational outcomes than their urban counterparts. Our researchers study the sources of these spatial inequalities, as well as the relationship between education and labor market outcomes in low- and middle-income countries. 

Program leader : Matteo Bobba 

Objectives : Our researchers examine income inequalities across households and, more broadly, household welfare throughout the life cycle. They study consumption, as well as wages and human capital investment, to understand how households cope with and protect themselves against unexpected shocks. These analyses support the evaluation of economic policies aimed at mitigating microeconomic and macroeconomic shocks across multiple dimensions. 

Program leader : Thierry Magnac 

Objectives : Even when they have the same qualifications, women face disparities in pay and promotion. Closing these gaps would benefit both businesses and society. Our researchers investigate the mechanisms underlying persistent gender inequalities in the labor market and explore targeted solutions to address the main barriers. 

Program leader : Emmanuelle Auriol 

In 2025, TSE reaffirmed its commitment to tackling societal challenges by creating the Human Capital Center, dedicated to advancing high-quality research in the fields of education and labor economics.
The center supports a wide range of research on critical issues such as education policy, the future of labor markets, income shocks, and gender inequality. It brings together a vibrant community of researchers producing impactful work that informs governments, institutions, and corporations.

Led by Director Olivier De Groote and Scientific Director Matteo Bobba, the Center is structured around five key focus areas:
• Education Policies
• The Future of Labor Markets
• Human Capital in Developing Countries
• Income Shocks and Welfare
• Gender and the Labor Market

Activities 

The human Capital Center promotes, showcases, and disseminates research conducted at TSE in the field of human capital through a range of scientific and outreach activities targeting both the academic community and decision-makers. 

  • A dedicated resource hub : We provide a dedicated platform showcasing TSE’s activities in the field of human capital, featuring academic experts, research outputs, events, and news related to our research programs and collaborations.
  • Events for researchers and decision-makers : We organize scientific events bringing together the academic community, as well as targeted events designed specifically for public and private decision-makers to shed light on human capital issues and their implications for public policy and business strategy.
  • Knowledge dissemination and outreach activities : We develop a variety of formats to make research findings accessible to a broader audience. These activities include the publication of research reports, the distribution of thematic newsletters, and the production of podcasts and editorial content. 

24

Researchers

29

Number of publications in scientific journals since the center was founded in 2025

2

Conferences

The Human Capital Center brings together research projects focused on education and labor market issues that have been selected through publicly funded research programs. 

Publicly funded research projects 

European Research Council (ERC) Grants  

Agence Nationale de la Recherche (ANR) Grants

VIEW ALL GRANTS AND FUNDING

The TSE Human Capital Center highlights all research conducted at TSE in the field of human capital, with a particular focus on work that has a strong impact on economic stakeholders. Emerging from all of our research programs, this work draws on a wide range of disciplines, including economics, mathematics and statistics, as well as the social and behavioral sciences.

Research in accessible formats

Discover research findings through accessible and engaging formats: article summaries, op-eds by our researchers published in the media, and multimedia content (videos, podcasts, etc.). 

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Mos recent publications

Toward human-centered AI management: Methodological challenges and future directions

Mengchen Dong, Jean-François Bonnefon, and Iyad Rahwan

Technovation, vol. 131,

The Motherhood Wage and Income Traps

Francesca Barigozzi, Helmuth Cremer, and Emmanuel Thibault

Journal of Population Economics, vol. 37:74,

Shining with the stars: Competition, screening, and concern for coworkers’ quality

Francesca Barigozzi, and Helmuth Cremer

Games and Economic Behavior, vol. 144, , pp. 250-283

Capital humain et recherche d'emploi: un mariage heureux - Human Capital and Search Models: A Happy Match

Revue Économique, vol. 75, n° 1, , pp. 11-29

Machine Culture

Levin Brinkmann, Fabian Baumann, Maxime Derex, Jean-François Bonnefon, Thomas F. Müller, Anne-Marie Nussberger, Agnieszka Czaplicka, Alberto Acerbi, Thomas L. Griffiths, Joseph Henrich, Joel Z. Leibo, Richard McElreath, Pierre-Yves Oudeyer, Jonathan Stray, and Iyad Rahwan

Nature Human Behaviour, vol. 7, , pp. 1855–1868

Temporary Foreign Work Permits: Honing the Tools to Defeat Human Smuggling

Emmanuelle Auriol, Alice Mesnard, and Tiffanie Perrault

European Economic Review, n° 160,

Social Democracy, Capitalism, and Competition: A Manifesto

Temporary Foreign Work Permits: Honing the Tools to Defeat Human Smuggling

Emmanuelle Auriol, Alice Mesnard, and Tiffanie Perrault

TSE Working Paper, vol. 23-1470,

The Intergenerational Transmission of World War I on Female Labour

The Economic Journal, vol. 133, n° 654, , pp. 2303–2333

Plafond de verre et discrimination dans la profession des économistes

Revue Politique et Parlementaire,

Heterogeneity of Consumption Responses to Income Shocks in the Presence of Nonlinear Persistence

Manuel Arellano, Richard Blundell, Stéphane Bonhomme, and Jack Light

TSE Working Paper, vol. 23-1435,

The motherhood wage and income traps

Francesca Barigozzi, Helmuth Cremer, and Emmanuel Thibault

TSE Working Paper, vol. 23-1426,

The TSE Human Capital Center supports the organization of conferences, workshops, and seminars throughout the year. These events contribute to the production and dissemination of research in the field human capital and are designed for a variety of audiences. While some are intended primarily for the academic community, others prioritize exchanges with professionals working in companies and public institutions 

Regular scientific events 

Annual Conference on Human Capital Economics 

Organized each year by the TSE Human Capital Center with the support of the Centre for Economic Policy Research (CEPR), this annual conference brings together researchers and practitioners to discuss issues related to investment in human capital. It fosters exchanges on the determinants and consequences of education and labor market policies, covering topics such as school choice, employment policies, inequality, and the impact of artificial intelligence. 

Seminars 

Several seminar series organized at TSE contribute to the activities of the Center, including the Behavior, Institutions, and Development Seminar, the Industrial Organization Seminar, and the Econometrics and Empirical Economics Seminar. Some seminars within these series specifically address human capital-related topics such as education, labor markets, and inequality, helping to disseminate recent research and foster exchanges among researchers. 
See all seminars: 

All events

Past

Frontier Research on Structural Econometrics: Theory and Applications Conference to Celebrate Thierry Magnac

  • Conference

  • Date From 15 to 16 May 2025

  • Place Auditorium Jean-Jacques Laffont

Details

Past

Workshop on Human Capital and Imperfect Information

  • Conference

  • Date 14 May 2025

  • Place A4

Details

Past

Peer Learning in College Applications

  • Seminar

  • TSE internal seminars

  • Date 10 April 2025

  • Place A3

  • Speaker or organiser Ana Gazmuri

Details

Past

The Evolution of Unobserved Skill Returns in the U.S.: A New Approach Using Panel Data∗

  • Seminar

  • Econometrics and Empirical Economics Seminar

  • Date 1 April 2025

  • Place Auditorium 4

  • Speaker or organiser Lance Lochner

Details

Past

Friendship Networks and Social Diversity at School: Evidence from a Desegregation Program

  • Seminar

  • Econometrics and Empirical Economics Seminar

  • Date 25 March 2025

  • Place Auditorium 4

  • Speaker or organiser Julien Grenet

Details

Past

Economic Development according to Chandler

  • Seminar

  • Behavior, Institutions, and Development Seminar

  • Date 20 March 2025

  • Place Auditorium 4

  • Speaker or organiser Federico Rossi

Details

Past

Breaking the Gang: A Preventive Approach to Reduce Recruitment in Schools

  • Seminar

  • Behavior, Institutions, and Development Seminar

  • Date 6 March 2025

  • Place Auditorium 4

Details

Past

On the Identification of Models of Uncertainty, Learning, and Human Capital Acquisition with Sorting

  • Seminar

  • Econometrics and Empirical Economics Seminar

  • Date 4 March 2025

  • Place Auditorium 4

  • Speaker or organiser Cristina Gualdani

Details

Past

Religion, Education, and the State

  • Seminar

  • Behavior, Institutions, and Development Seminar

  • Date 12 December 2024

  • Place Auditorium 4

  • Speaker or organiser Benjamin Marx

Details

Past

Economics of Education Workshop

  • Conference

  • Date From 13 to 14 June 2024

  • Place Auditorium 3 - Jean-Jacques Laffont

Details

Class Size Effects and School Choice: Unintended Consequences of a Targeted Voucher Program

  • Seminar

  • TSE internal seminars

  • Place Auditorium 3 - JJL

  • Speaker or organiser Ana Gazmuri

Details

We would like to express our gratitude to the public institutions that support our researchers’ work in the field of human capital, particularly through major funding programs.

Become a partner

Become a partner and help foster dialogue between researchers and decision-makers on the major challenges associated with human capital. Together, we can strengthen the relevance and impact of research. 

Become a partner

Matteo Bobba

Scientific Director

Eve Séjalon

Head of Research Partnerships and Centers

Pascale Maréchal

Research Partnerships Project Manager