Research

PUBLICATIONS

— "Political Connections and White-collar Crime: Evidence from Insider Trading in France",  with Thomas Bourveau and Marc Sangnier, Journal of the European Economic Association, 2021, Vol. 19(5), pages 2543–2576. Paper | Online Appendix  | Replication files/Data  | Media Briefing | Press Coverage

— "Environmental Risk and the Anchoring Role of Mobility Rigidities",  with Yanos Zylberberg, Journal of the Association of Environmental and Resource Economists, 2021, Vol. 8(3), pages 509–542. Paper  | Online Appendix   | Replication files/Data 

— "Optimal Transition from Coal to Gas and Renewable Power under Capacity Constraints and Adjustment Costs",  with Oskar Lecuyer and Adrien Vogt-Schilb,  Environmental and Resource Economics, 2018, Vol. 73, pages 557–590.  Paper

— "The Grey Paradox: How fossil-fuels owners can benefit from carbon taxation", with Fanny Henriet, Journal of Environmental Economics and Management,  2018, Vol. 87(C), pages 206–223. Paper | Op-ed

— "The impact of political majorities on firm value: Do electoral promises or friendship connections matter?", with Marc Sangnier, Journal of Public Economics, 2014, Vol. 115(C), pages 158–170. Paper  | Online Appendix  |  Working Paper  | Press Coverage

WORKING PAPERS

— "’Bad Oil’, ’Worse’ Oil and Carbon Misallocation", with Fanny Henriet and Léo Reitzmann, WP n° 2021-38 Paris School of Economics, June 2021. Working Paper, Revise and resubmit (2nd round)  at the Review of Economic Studies. 

— "The (Market) Value of State Honors", with Stéphane Benveniste and Marc Sangnier, WP  n° 2022-nr01  AMSE, January 2022. Working Paper Under Review

— "Carbon price and optimal extraction of a polluting fossil fuel with restricted carbon capture", with Fanny Henriet, WP Banque de France n°322,  March 2011. Working Paper

WORK IN PROGRESS

— "The Value of Oil Deposits", with Fanny Henriet, and Léo Jean.

— "Resource Taxation under Asymmetric Information about Reserves’ Size", with Fanny Henriet, Jun Xiao, and Venuga Yokeeswaran.

— "Optimal carbon tax with increasing marginal damage and a security constraint".

— "Climate change and clean capital accumulation: When to invest?"

— "Extraction of natural resources in conflict areas: evidence from Northern Myanmar".

REPORTS

— “Critical Minerals in the OECD to 2030”, with Simon Dietz, Maria Godunova, Thomas Bligaard Nielsen, OECD Report, June 2015. Report