 In 1998, he was awarded the Francqui Prize on Human Sciences, and in 2003 he received the Yrjö Jahnsson Award.He was Chairman of the Oxera Economic Council.He is member of the Scientific Council of the Toulouse School of Economics, member of the Scientific Council of the Barcelona Graduate School of Economics, member of the Scientific Council of CentER (Tilburg University), and Chairman of the Scientific Council of the ULB Foundation.