Working Papers

Institutional Stock-Bond Portfolios Rebalancing and Financial Stability

Hasse, Jean-Baptiste, Lecourt, Christelle and Siagh, Souhila. Institutional Stock-Bond Portfolios Rebalancing and Financial Stability. AMSE Working Paper, (2023). 

Presentation Slides (Aix-Marseille University, 2023) 

Working Paper (2023)


Testing for Causality between Climate Policies and Carbon Emissions Reduction


Candelon, Bertrand and Hasse, Jean-Baptiste. Testing for Causality between Climate Policies and Carbon Emissions Reduction (2022)

Presentation Slides (Sciences Po Paris, 2023)

Working Paper (2022)

Does the Yield Curve Signal Recessions? New Evidence from an International Panel Data Analysis

Hasse, Jean-Baptiste and Lajaunie, Quentin,  Does the Yield Curve Signal Recessions? New Evidence from an International Panel Data Analysis. AMSE Working Paper, (2020). 

Working Paper (2020)

Presentation Slides (University of Paris Nanterre, 2020)

Download: Data and code available via the Package 'EWS' CRAN  - R

Toward a Macroprudential Regulatory Framework for Mutual Funds


Argyropoulos, Christos, Candelon, Bertrand, Hasse, Jean-Baptiste and Panopoulou, Ekaterini. Toward a Macroprudential Regulatory Framework. CORE Discussion Paper (2020)

Working Paper (2020)


Systemic Risk: a Network Approach

Hasse, Jean-Baptiste. Systemic Risk: a Network Approach. AMSE Working Paper (2020)

Single authored job market paper

Working Paper (2020)

Presentation Slides (Université Catholique de Louvain, 2018)

Download: Data and code available via the Package 'SystemicR' CRAN  - R  


Diversification Potential in Real Estate Portfolios

Candelon, Bertrand, Fuerst, Franz and Hasse, Jean-Baptiste. Diversification Potential in Real Estate Portfolios. Cambridge Working Paper (2020)

Working Paper (2020)

Last version (2021)

Presentation Slides (Seminar UCL - LFIN, 2021)

Download: Data and code available via the Package 'DiversificationR' CRAN  - R


    SRI: Truths and Lies


 Candelon, Bertrand ; Hasse, Jean-Baptiste ; Lajaunie, Quentin. SRI: Truths and Lies. CORE Discussion Paper; 2018/34 (2018) 

Working Paper (2018)

Presentation Slides (University of Oxford, 2019)

Globalization and the New Normal

Bertrand Candelon, Alina Carare, Jean-Baptiste Hasse and Jing Lu. Globalization and the New Normal. IMF Working Paper 18/75 (2018)

Working Paper (2018)

Presentation Slides (World Bank,  2019)

Published Papers

Setting up a Sovereign Wealth Fund to Reduce Currency Crises


Hasse, Jean-Baptiste, Lecourt, Christelle and Siagh, Souhila, "Setting up a sovereign wealth fund to reduce currency crises". Emerging Markets Review (2024). 

(Published paper, 2024)

Towards a Macroprudential Regulatory Framework for Mutual Funds?


Argyropoulos, Christos, Candelon, Bertrand, Hasse, Jean-Baptiste and Panopoulou, Ekaterini,  "Towards a macroprudential regulatory framework for mutual funds?". International Journal of Finance and Economics (2024). 

(Published paper, 2024)

Testing for Causality between Climate Policies and Carbon Emissions Reduction


Candelon, Bertrand and Hasse, Jean-Baptiste,  "Testing for causality between climate policies and carbon emissions reduction". Finance Research Letters (2023). 

(Published paper, 2023)

Does the Yield Curve Signal Recessions? New Evidence from an International Panel Data Analysis

Hasse, Jean-Baptiste and Lajaunie, Quentin,  "Does the Yield Curve Signal Recessions? New Evidence from an International Panel Data Analysis". Quarterly Review of Economics and Finance (2022). 

(Published paper, 2022)

Presentation Slides (University of Paris Nanterre, 2020)

Download: Data and code available via the Package 'EWS' CRAN  - R

Systemic Risk: a Network Approach



Hasse, Jean-Baptiste. "The post-crises output growth effects in a globalized economy." Empirical Economics (2022)

(Published paper, 2022)

Presentation Slides (Aix-Marseille University - AMSE, 2021)

Download: Data and code available via the Package 'SystemicR' CRAN  - R  

Diversification potential in real estate portfolios



Candelon, Bertrand, Fuerst, Franz, Hasse, Jean-Baptiste. "Diversification in real estate portfolios." International Economics 166 (2021): 126-139

(Published paper, 2021)

Presentation Slides (Seminar UCL - LFIN, 2021)

Download: Data and code available via the Package 'DiversificationR' CRAN  - R

ESG-Washing in the Mutual Funds Industry? From Information Asymmetry to Regulation

Candelon, Bertrand, Hasse, Jean-Baptiste, Lajaunie, Quentin. "ESG-Washing in the Mutual Funds Industry? From Information Asymmetry to Regulation." Risks (2021) 9(11):199

(Published paper, 2021)

Presentation Slides (University of Oxford, 2019)


The post-crises output growth effects in a globalized economy


Candelon, Bertrand, Carare, Alina, Hasse, Jean-Baptiste and Jing Lu. "The post-crises output growth effects in a globalized economy." International Economics 161 (2020): 139-158

Presentation Slides (World Bank,  2019)

(Published paper, 2020)