Zana Christian Kone
PhD Candidate in Economics
Working Paper : Government Bond Pricing under Uncertainty (2026)
Theoretical and empirical study showing that higher uncertainty increases government bond prices. The theoretical framework relies on the Vayanos–Vila model, while the empirical analysis employs an EGARCH-t-in-Mean specification.
Working Paper : Bond Market Segmentation and Risk Sharing (2026)
Theoretical and empirical analysis combining numerical simulations and nonparametric methods to show that bond market segmentation reduces welfare. The simulations rely on Brent’s algorithm.
Working Paper : Uncertainty, Interest Rates and Risk Sharing (2025)
Under review at International Review of Economics & Finance (Elsevier)
Theoretical and empirical analysis of the transmission of monetary policy to risk sharing under uncertainty. Using SVAR and LP-IV methods, the paper shows that interest rate fluctuations have a substantially larger impact on risk sharing than uncertainty shocks.
Master’s thesis : Patent Filing and Growth in Developing Economies (2020)
This paper examines the impact of patents on the growth of 64 developing countries between 2000 and 2014. The results show that patents hinder economic growth, but the effect turns positive when accompanied by good governance practices.
Master’s thesis : Climate Change and Economic Growth in WAEMU Countries (2018)
This paper evaluates the impact of climate change on the economic growth of the West African Economic and Monetary Union (WAEMU) member countries between 1990 and 2012. The findings indicate that rising temperatures slow long-term economic growth. However, the results suggest that implementing structural environmental policies could mitigate these effects and support development.