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Associate Professor of Finance at HEC Paris
Associate Editor, Management ScienceCo-holder of the Chair "Business Analytics for Future Banking" (HEC-Natixis-Polytechnique)Member of the ACPR Chair "Regulation and Systemic Risks"CEPR Research AffiliateSUERF Research AffiliateMember of the Finance Theory GroupDaddy of Joseph , Marin, and Aurel(younger, less hairy, more central-banky version of my photo)
In my research I study how financial institutions and frictions impact the functioning of financial markets, the formation of prices and the allocation of resources and risks in the economy. I am particularly interested in banking and market microstructure, and on the role of technology and digital transformation in these contexts.
Announcements:
I am co-editing a Special Issue of Management Science on "The Human-Algorithm Connection". The deadline is now passed, we received many good papers. Stay tuned!
My colleague Augustin Landier and I are co-organizing the Top Finance Graduate Award Conference at HEC Paris. See here for the list of the 2023 winners, congratulations to them! Very warm thanks to Lasse Pedersen for offering us to host the award at HEC.
Where to meet me (sometimes virtually) and cool events in the coming months:
6 April 2023: I will present "Algorithmic Pricing and Liquidity in Securities Markets" (joint with Thierry Foucault and Stefano Lovo) at the Financial Math Seminar at Peking University (online).
20 April 2023: I will present "Measuring Regulatory Complexity" (joint with Co-Pierre Georg) at IESEG (Paris).
2-3 May 2023: I will discuss "Green Capital Requirements" (by Martin Oehmke and Marcus Opp) at the ECB Banking Supervision Research Conference (Frankfurt).
9 May 2023: I will co-host the Top Finance Graduate Award at HEC Paris Conference (HEC Paris).
15-16 May 2023: I will chair a session on "Technology and Lending" at the 5th Future of Financial Information Conference (HEC Paris).
19 May 2023: I will present "Algorithmic Pricing and Liquidity in Securities Markets" (joint with Thierry Foucault and Stefano Lovo) at the 2023 NYU Stern / Salomon Center Microstructure Conference (New York).
6 June 2023: I will moderate a panel on "Geopolitics and Competition: A New Landscape for CCPs" at the Workshop on "Central Clearing and Market Infrastructures: New Challenges" (Paris).
21 June 2023: I will discuss the paper "Who Benefits from Securities Exchange Innovation?" (by Andriy Shkilko, Konstantin Sokolov, Eduard Yelagin) at the 2023 Plato Market Innovator Conference (London).
22 June 2023: I will be part of a panel on "Independence of Regulators and Supervisory Architecture" at the SAFE Conference on "The Future of Financial Market Structure and Regulatory Architecture" (Frankfurt, possibly online participation).
25-28 June 2023: I will present "Algorithmic Pricing and Liquidity in Securities Markets" (joint with Thierry Foucault and Stefano Lovo) and "Measuring Regulatory Complexity" (joint with Co-Pierre Georg) at the WFA Meetings (San Francisco).
5 July 2023: I will give a seminar at the Deutsche Bundesbank (Frankfurt).
Latest updates and news:
July 2023: New version of "The Economics of Computational Reproducibility" (with Christophe Hurlin and Christophe Pérignon).
March 2023: New version of "Measuring Regulatory Complexity" (with Co-Pierre Georg).
October 2022: New paper: "Algorithmic Pricing and Liquidity in Securities Markets" (with Thierry Foucault and Stefano Lovo).