Refereed Publications
Macro Finance
An Alternative Representation of the C-CAPM with Higher-Order Risks, with G. Dionne and J. Li. 2024. Geneva Risk and Insurance Review, Volume 49(2), 194–233 [GRIR] [WP]
Good Volatility, Bad Volatility and Option Pricing, with B. Feunou. 2019. Journal of Financial and Quantitative Analysis, Volume 54 (2), 695–727 [JFQA] [SSRN] [Online Appendix]
Distilling Liquidity Costs from Limit Order Books, with D. Amaya, J.-Y. Filbien, and A. Roch. 2018. Journal of Banking and Finance, Volume 94, 16–34 [JBF] [SSRN]
Risk-Neutral Moment-Based Estimation of Affine Option Pricing Models, with B. Feunou. 2018. Journal of Applied Econometrics, Volume 33 (7), 1007–1025 [JAE] [SSRN] [Online Appendix] [RNM Data]
Downside Variance Risk Premium, with B. Feunou and M. Jahan-Parvar. 2018. Journal of Financial Econometrics, Lead Article, Volume 16 (3), 341–383 [JFEC] [SSRN] [Non-Technical Summary] [Online Appendix]
Horizon Effect In The Term Structure Of Long-Run Risk-Return Trade-Offs, with É. Jacquier. 2016. CSDA Annals of Computational and Financial Econometrics, Volume 100, 445–466 [CSDA] [SSRN]
Disentangling Continuous Volatility From Jumps In Long-Run Risk-Return Relationships, with É. Jacquier. 2014. Journal of Financial Econometrics, Volume 12 (3), 544–583 [JFEC] [SSRN]
Entrepreneurship
Does Informality Increase the Spread of COVID-19 in Africa? A Cross-Country Examination, with P. Nguimkeu. 2022. Applied Economics Letters, Volume 29 (12), 1111–1115, [AEL]
Leveraging Digital Technologies to Boost Productivity in the Informal Sector in Sub-Saharan Africa, with P. Nguimkeu. 2021. Review of Policy Research, Volume 38 (6), 707–731, [RPR]
Assessing the Impact of Information and Communication Technologies in Niger, with H. Ali and J-P. Gueyié. 2021. Journal of Small Business and Entrepreneurship, Volume 33 (1), 71–91, [JSBE]
Casting a Shadow: Productivity of Formal Firms and Informality, with M. Amin. 2020. Review of Development Economics, Volume 24 (4), 1610–1630 [RDE]
Policy Papers, Books, and Other Publications
Slowdown in Global Medium-Term Growth: What Will It Take to Turn the Tide. April 2024. World Economic Outlook [Chapter 3] [Online Annexes]
The Macroeconomic Impact of Food and Energy Insecurity. March 2023. IMF-G20 Note [Pdf]
Africa Food Prices Are Soaring Amid High Import Reliance. September 2022. Blog [Web]
How Africa Can Escape Chronic Food Insecurity Amid Climate Change. September 2022. Blog [Web]
Climate Change and Chronic Food Insecurity in Sub-Saharan Africa. September 2022. IMF Departmental Paper [Pdf]
Social Protection and Poverty During the Pandemic. April 2022. Fiscal Monitor [Box 1.1] [Online Annexes]
June 2021 Global Economic Prospects, with many co-authors. [Report]
January 2021 Global Economic Prospects, with many co-authors. [Report]
A Tale of Africa Today: Balancing the Lives and Livelihoods of Informal Workers During the COVID-19 Pandemic, with P. Nguimkeu. 2020. Africa Knowledge in Time, World Bank Policy Brief 1 (3), 1–6 [AKiT]
What Explains Productivity Growth, with A. Dieppe, A. Kawamoto, Y. Okawa, and J. Temple. 2020. In Global Productivity: Trends, Drivers, and Policies, Chapter 2, A. Dieppe (eds.) [Book]
Patterns of Total Factor Productivity: A Firm Perspective. 2020. In Global Productivity: Trends, Drivers, and Policies, Chapter 7, A. Dieppe (eds.) [Book]
Review of Recent Firm-level TFP Literature. 2020. In Global Productivity: Trends, Drivers, and Policies, Chapter 2, A. Dieppe (eds.) [Book]
How do Deep Recessions Affect Potential Output in EMDES?, with S. Kilic-Celik and F. Ohnsorge. June 2020. Global Economic Prospects [Box 3.1]
How do Disasters Affect Productivity?, with A. Dieppe and S. Kilic-Celik. June 2020. Global Economic Prospects [Box 3.2]
Casting A Shadow: Productivity in Formal and Informal Firms, with M. Amin. January 2019. Global Economic Prospects [Box 3.3]
Under the Magnifying Glass: How do Policies Affect informality? January 2019. Global Economic Prospects [Box 3.4]
Informality, with P. Nguimkeu. 2019. In The Future of Work in Africa: Harnessing the Potential of Digital Technologies for All, J. Choi, M. Dutz, and Z. Usman (eds.) [Book]
Working Papers
Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment, with J. Spray and D. F. Unsal [Pdf], R&R Applied Economics
Mobile Tech and Productivity in Subsistence Food Sector, with P. Nguimkeu [Pdf]
Implications of Major Adverse Events on Productivity, with A. Dieppe and S. Kilic-Celik
Productivity Convergence: Is Anyone Catching-Up?, with G. Kindberg-Hanlon
Can Higher-Order Risks and Risk Attitudes Explain the Credit Spread Puzzle?, Permanent Working Paper with O. Maalaoui, G. Dionne, and J. Li [Pdf]
Work in Progress
Strategic Financial Dollarization when the Exchange Rate may Disappoint, with C. Lonkeng and R. Tédongap
Synchronized Reserve Drains in Currency Crisis: Sources and Policy Implications, with N. Noumon