Sapienza University of Rome in which he granted masters and students alike the broadest possible privileges and decreed that the university should include the four schools of Law, Medicine, Philosophy and Theology. He introduced a new tax on wine in order to raise funds for the university; the money was used to buy a palace which later housed the Sant'Ivo alla Sapienza church. However, the University's days of splendour came to an end during the sack of Rome in 1527, when the studium was closed and the professors dispersed, and some were killed. Pope Paul III restored the university shortly after his ascension to
European Economic Association university level and research institutions in Europe " It publishes the "Journal of the European Economic Association". In August of each year the Association, in collaboration with the Econometric Society organises a congress in a European city. The congress attracts around 1500 participants. European Economic Association The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current president is Eliana La Ferrara. The Association currently has around 3000 members. Its objectives are: ".