Associate Professor of Finance at HEC ParisAssociate 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
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 focus particularly on the microeconomics of banking and financial markets microstructure.
Where to meet me (sometimes virtually) in the coming months:
25-27.08.21: I will discuss "Internal Models, Make Believe Prices, and Bond Market Cornering" (Ishita Sen and Varun Sharma) at the EFA Meetings. I will also chair the session on "Financial Regulation: New Fields".
07-08.09.21: I will discuss "Optimal Stress Tests in Financial Networks" (Jing Huang) at OxFIT.
16-17.09.21: I will discuss "Information Sharing in Financial Markets" (Itay Goldstein, Yan Xiong, Liyan Yang) at the NFA Meetings.
28.09.21: I will give a seminar at De Nederlansche Bank (DNB).
08.10.21: I will discuss "Strategic Intermediation in Liquidity Markets" (Shawn O'Donoghue, Christine Parlour, Uday Rajan) at the annual Central Bank Workshop on Microstructure.
18.10.21: I will give a seminar at Aix Marseille School of Economics (AMSE).
02.12.21: I will give a seminar at University of Luxembourg.
07-09.01.22: I will discuss "Dealer Networks and the Cost of Immediacy" (Jens Dick-Nielsen, Thomas Poulsen, Obaidur Rehman) at the AFA Meetings.
Latest updates and news:
November 2021: New paper: "Non-Standard Errors", with 300+ co-authors. My part was very small, congratulations and thanks to the 9 leading authors for this opportunity to work on an exciting project!
August 2021: Congratulations to my PhD student Junli Zhao for his successful defense! Junli will be joining Bayes Business School (formerly Cass Business School) in September.
July 2021: New paper: "The Economics of Research Reproducibility" (with Christophe Hurlin and Christophe Pérignon). Comments welcome.
February 2021: "Tax Complexity and Transfer Pricing Blueprints, Guidelines, and Manuals", with Lorraine Eden and Co-Pierre Georg, published in Tax Management International Journal.
August 2020: "Inventory Management, Dealers' Connections, and Prices in OTC Markets" accepted at Journal of Finance.
July 2020: "Asset Dissemination through Dealer Markets" accepted at Management Science.