| 2014 - 2019 | Member of the French Strategic Research Council |
| 2011 - 2019 | Chairman of the Executive Committee, Institute for Advanced Study in Toulouse (IAST) |
| 2009 - 2018 | Chairman of the Board of Directors, Toulouse School of Economics |
| 2007 - 2009 | Director, Toulouse School of Economics |
| 2006 - 2009 | Fellow of the Haut Conseil de la Sciences et de la Technologie |
| 2001 | President, European Economic Association |
| 1998 | President, Econometric Society |
| 1995 - 2020 | Directeur d'Etudes cumulant, EHESS |
| 1984 - 1991 | Professor of Economics, Massachusetts Institute of Technology |
| 1981 - 1984 | Researcher; CERAS, École Nationale des Ponts et Chaussées |
| 1978 - 2021 | Ingénieur (en chef, général) des Ponts et Chaussées |
| 2024 | Doctor Honoris Causa, Academia de Studii Economice din București |
| 2023 | Doctor Honoris Causa, Reggio de Calabria |
| 2022 | Fellow, American Finance Association |
| 2022 | Doctor Honoris Causa, VSE Prague University of Economics and Business |
| 2022 | Doctor Honoris Causa, University of Dhaka |
| 2020 | Chevalier dans l'ordre des Palmes Académiques |
| 2018 | Doctor Honoris Causa, University of Bergamo |
| 2016 | Fellow, Society for Economic Measurement |
| 2016 | Doctor Honoris Causa, Imperial College London |
| 2015 | Foreign Associate, United States National Academy of Sciences |
| 2015 | Fellow, Finance Theory Group |
| 2015 | Officier, Ordre National de la Légion d’Honneur |
| 2015 | Doctor Honoris Causa, University Luiss, Rome |
| 2015 | Doctor Honoris Causa, European University Institute |
| 2014 | Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel |
| 2014 | Erwin Plein Nemmers Prize in Economics |
| 2013 | Stephen A. Ross Prize in Financial Economics |
| 2013 | Honorary doctorate degree, Hitotsubashi University |
| 2013 | Honorary doctorate degree, Université de Lausanne |
| 2013 | Honorary Fellow of the Royal of Society of Edinburgh |
| 2012 | Honorary doctorate degree, Athens University of Economics and Business |
| 2012 | Honorary doctorate degree, University of Rome Tor Vergata |
| 2012 | Grand Prix of the "Académie d'Occitanie" |
| 2011 | ILB and EIF Award for the best paper in finance ("Leverage and the Central Banker's Put") written with Emmanuel Farhi |
| 2011 | Member, Académie des Sciences morales et politiques |
| 2011 | Honorary doctorate degree, University of Mannheim |
| 2010 | European Research Council Grant |
| 2010 | CME Group - Mathematical Sciences Research Institute Prize in Innovation Quantitative Applications |
| 2010 | Claude Levi-Strauss Prize |
| 2010 | Officier dans l’Ordre National du Mérite |
| 2009 | Fellow of the Academie des Sciences, Inscriptions et Belles Lettres de Toulouse |
| 2008 | (Inaugural) Frontiers of Knowledge Award of the BBVA Foundation |
| 2008 | Cercle d'Oc Prize |
| 2007 | Chevalier de la légion d'honneur |
| 2007 | "Risques" - "Les Echos" Award |
| 2007 | Honorary doctorate degree, London Business School |
| 2007 | Honorary doctorate degree, HEC Montreal |
| 2007 | Gold medal, CNRS |
| 2007 | Gold medal, city of Toulouse |
| 2004 | Institute of Scientific Information-Thomson Price Winner in Economics |
| 2002 | Médaille d'argent, Centre National de la Recherche Scientifique |
| 2002 | Lauréat du Prix Dargélos de l'Ecole Polytechnique |
| 1999 | Distinguished Fellow Award, Industrial Organization Society |
| 1998 | John von Neumann Award, Rajk Lazlo College for Advanced Studies, Budapest University |
| 1997 | Public Utility Research Center Distinguished Service Award, University of Florida, Gainesville |
| 1996 | Center for Economic Studies Prize, Munich |
| 1993 | Foreign Honorary Member, American Academy of Arts and Sciences |
| 1993 | Foreign Honorary Member, American Economic Association |
| 1993 | Yrjo Jahnsson prize of the European Economic Association |
| 1989 | Doctorat Honoris Causa, Université Libre de Bruxelles |
| 1988 - 1989 | John Simon Guggenheim Memorial Fellowship |
| 1985 - 1987 | Sloan Fellowship |
