Scientifics Publications
- Michaud P.-C., P. St-Amour
“Longevity, Health, and Housing Risk Management in Retirement“
The Journal of Finance, Early View, https://doi.org/10.1111/jofi.70077 - Lacroix G., P.-C. Michaud
“Tax Incentives and Older Workers: Evidence from Quebec’s Tax Credit for Career Extension“
Canadian Public Policy, Volume 51, Issue 3, 2025, ISSN 0317-0861, doi/abs/10.3138/cpp.2023-0035 - Glenzer F., P.-C. Michaud, S. Staubli
“Frames, incentives, and education: Effectiveness of interventions to delay public pension claiming,”
Journal of Public Economics, Volume 248, 2025, 105419, ISSN 0047-2727, doi.org/10.1016/j.jpubeco.2025.105419 - Boyer M., P. De Donder, C. Fluet, M.-L. Leroux et P.-C. Michaud
“La mauvaise perception des risques de longévité et de dépendance ne suffit pas à expliquer la faiblesse du marché de l’assurance dépendance (au Canada)” Journal of Financial Economics, Ref 152 the financing of dependency. - d’Astous P., I. Gemmo, P.-C. Michaud,
“The quality of financial advice: What influences recommendations to clients?”
Journal of Banking & Finance, Volume 169, 2024,107291,
https://doi.org/10.1016/j.jbankfin.2024.107291. - Fonseca, R., F. Langot, P.-C. Michaud and T. Sopraseuth (2023) ”
Understanding Cross-country Differences in Health Status and Expenditures: Health Price Matters,”
Journal of Political Economy, 131:8, August 2023, pp. 1949–2288. - Choinière-Crèvecoeur, I., P.-C. Michaud
“Reverse mortgages and financial literacy” Journal of Financial Literacy and Wellbeing, 1(1), 79-102. doi:10.1017/flw.2023.4
Research Highlights (2 pages)
Working Papers
- Optimal Long-Term Care Provision and Insurance with Heterogeneous Preferences and Risks
> Summary
Nicholas-James Clavet, Pierre-Carl Michaud and Julien Navaux
Jacques-Parizeau Research Chair in Economic Policy Working Paper #7
– May 2026 - The Selection of Recent High-Skilled Immigrants to Canada
> Summary
Xavier Dufour-Simard, Jean-François Gauthier and Pierre-Carl Michaud
Jacques-Parizeau Research Chair in Economic Policy Working Paper #6
– February 2026 - La Loi RVER a-t-elle augmenté l’épargne des travailleurs au Québec?
> English summary
David Boisclair, Xavier Dufour-Simard and Pierre-Carl Michaud
Jacques-Parizeau Research Chair in Economic Policy Working Paper #5
– October 2025 - Retirement Incomes in Canada: Past, Present and Future
David Boisclair, Xavier Dufour-Simard and Pierre-Carl Michaud
Retirement and Savings Institute Working Paper #19
– September 2025 - Is the elasticity of taxable income mostly an income effect?
> Summary
Xavier Dufour-Simard, Pierre-Carl Michaud and Michael Smart
Jacques-Parizeau Research Chair in Economic Policy Working Paper #4
– March 2025 - COVID-19 Risk (Mis)Perceptions
Dufour-Simard, X. & Michaud, P.-C. (2024).
Cahier scientifique 2024s-14, CIRANO. https://doi.org/10.54932/UEFW8578 - Revenus de retraite et âge de déclenchement de la rente du RRQ
> English Summary
Pierre-Carl Michaud
Jacques-Parizeau Research Chair in Economic Policy Working Paper #3
– October 2024 - Tax Incentives and Older Workers: Evidence from Canada
> Summary
Guy Lacroix and Pierre-Carl Michaud
Jacques-Parizeau Research Chair in Economic Policy Working Paper #2
– September 2024 - Selection into Financial Education and Effects on Portfolio Choice
Irina Gemmo, Pierre-Carl Michaud and Olivia S. Mitchell
Retirement and Savings Institute Working Paper #16
– September 2023 - Comment les hauts revenus réagissent-ils à l’impôt sur le revenu?
Robert Gagné, Marianne Laurin and Pierre-Carl Michaud
Jacques-Parizeau Research Chair in Economic Policy Working Paper #1
– May 2023 - Longevity, Health and Housing Risks Management in Retirement
Pierre-Carl Michaud and Pascal St-Amour
Retirement and Savings Institute Working Paper #13
– March 2023 - Reverse Mortgages and Financial Literacy
Ismael Choinière-Crèvecoeur and Pierre-Carl Michaud
Retirement and Savings Institute Working Paper #12
– February 2023 - Frames, Incentives, and Education: Effectiveness of Interventions to Delay Public Pension Claiming
Franca Glenzer, Pierre-Carl Michaud et Stefan Staubli
Retirement and Savings Institute Working Paper #11
– January 2023
Research Report
- Financial Situation of Informal and Family Caregivers in Quebec
Yann Décarie, Pierre-Carl Michaud, Xavier Dufour-Simard and David Boisclair
– May 2026 - Tax-sheltered savings: their use and their present and future effects on the revenues of the Quebec government
François Laliberté-Auger, Yves St-Maurice, Luc Godbout and Pierre-Carl Michaud
– February 2026 - The Recent Evolution of Physicians’ Medical Services Supply in Québec: New Findings
Nicholas-James Clavet and Pierre-Carl Michaud
– September 2025 - The Recent Evolution of Medical Services Supply and Physician Compensation in Québec
David Benatia, Nicholas-James Clavet, Bernard Fortin and Josette Rosine Aniwuvi Gbeto. Under the direction of Pierre-Carl Michaud
– May 2025 - Planning a Soft Landing: an Economic Analysis of Immigration in Québec
Pierre-Carl Michaud
– May 2025 - Incitation au travail : perceptions et réalités
Clavet, N.-J., Dufour-Simard, X., & Michaud, P.-C.
(2025RP-11, Projects Reports, CIRANO.) https://doi.org/10.54932/IMIO6888
– April 2025 - Horizon 2040 : des mesures concrètes pour un virage vers le soutien à domicile
Team : Nicholas-James Clavet, Réjean Hébert, Pierre-Carl Michaud, Julien Navaux et Michel Raîche
– April 2024 - Plan québécois des infrastructures – comparaison interprovinciale et soutenabilité
Michaud, P.-C., Lévesque, L., Joanis, M., Brasseur, J., & Winstel, Q. (2023). (2023RP-28, Projects Reports, CIRANO.)
https://doi.org/10.54932/LXOU3345
– December 2023 - Horizon 2040 : Projection des impacts du soutien à l’autonomie au Québec
Team: Nicholas-James Clavet, Réjean Hébert, Julien Navaux, and Michel Raîche. Under the direction of Pierre-Carl Michaud. Report from the Jacques-Parizeau Research Chair on Economic Policies submitted to the Commissioner of Health and Well-being
– November 2023.
Other Publications
- Trajectoires de fin de carrière et transitions à la retraite au Québec selon le type de travailleur
Clavet, N.-J., Courtemanche, L., & Fonseca, R. (2026). (2026PR-08, For reflection, CIRANO.) https://doi.org/10.54932/RZER6960 - Learning to Fly: How Canadians Can Navigate a More Complex Financial Landscape
Bernard Morency and Michaud, Pierre-Carl. 2025. 695. Toronto: C.D. Howe Institute. - Rémunération des médecins au Québec : le statu quo n’est plus une option
Brief submitted by Pierre-Carl Michaud to the National Assembly as part of the consultations on Bill 106 (in French) - Michaud, P.-C. (2023).
Combler l’écart de niveau de vie entre le Québec et ses principaux partenaires
(2023PR-02, For reflection, CIRANO.) https://doi.org/10.54932/BXUV9805
Master’s Thesis
- Salloum, J. (2024)
L’impact projeté d’une augmentation de l’utilisation du CELI sur les dépenses fiscales du gouvernement du Québec de 2020 à 2060 - Artay, A. (2024)
Predictive Validity of Subjective Survival Probabilities and Its Implications for Selection Problem in Annuity Markets - Dufour-Simard, X. (2023)
Étude de la calibration des anticipations du risque d’infection à la COVID-19