Finance

Financial market regulation, blockchain, high-frequency trading, sustainabilty & SRI, bubbles, mergers & acquisitions, assets & investment etc...

This group gathers TSE researchers working in the field of Finance, and aims at coordinating and promoting research activities in this field. The group undertakes research projects, conferences and seminars.

List of members of the group

Lin Fang

TSE PhD Student

Supervisors: Ulrich Hege

Details

Diego Fica Rivera

TSE PhD Student

Supervisor: Fabrice Collard

Details

René Garcia

TSE Associate Faculty

Professor, University of Montreal, Canada

Details

Christian Gollier

TSE Research Faculty

Professor in Economics

Details

Alexander Guembel

TSE Research Faculty

Professor of Finance (TSE-TSM), TSE. On leave

Details

Ulrich Hege

TSE Research Faculty

Professor of Finance, TSE

Details

Nour Meddahi

TSE Research Faculty

Professor, TSE

Details

Debrah Meloso

TSE Associate Faculty

Associate professor, TBS

Details

Sophie Moinas

TSE Research Faculty

Professor of Finance (TSE-TSM), TSE

Details

Sijia Pan

TSE PhD Student

Supervisor: Fabrice Collard

Details

Sébastien Pouget

TSE Research Faculty

Director of TSE-P and Professor, University Toulouse Capitole, TSE-TSM

Details

Jean-Charles Rochet

TSE Research Faculty

Professor of Economics, TSE

Details

List of WP, articles of the group

Return Predictability, Expectations, and Investment: Experimental Evidence

Marianne Andries, Milo Bianchi, Karen Huynh, and Sébastien Pouget

The Review of Financial Studies, vol. 38, n° 6, , pp. 1687–1729

Convergent evolution towards the joint-stock company

David Le Bris, William Goetzmann, and Sébastien Pouget

Business History, , pp. 1-26

Uncovering asset market participation from household consumption and income

Veronika Czellar, René Garcia, and François Le Grand

Journal of Econometrics, vol. 248, n° 105867,

Intermediary Leverage Shocks and Funding Conditions

Jean-Sébastien Fontaine, René Garcia, and Sermin Gungor

The Journal of Finance, vol. 80, n° 1, , pp. 57-99

Price cap regulation with limited commitment

TSE Working Paper, vol. 25-1659,

Economics of Procurement and Organizational Design: A review of selected literature

TSE Working Paper, vol. 25-1667,

Climate Innovation and Carbon Emissions: Evidence from Supply Chain Networks

Ulrich Hege, Kai Li, and Yifei Zhang

TSE Working Paper, vol. 25-1608,

Sovereign Debt Sustainability with Involuntary Default

Fabrice Collard, Michel Habib, Ugo Panizza, and Jean-Charles Rochet

TSE Working Paper, vol. 24-1599,

L'innovation financière en Amérique latine et dans les Caraïbes: Pragmatisme et progrès

Jon Frost, Jean-Charles Rochet, Alexandre Tombini, and Marianne Verdier

Revue d'économie financière, vol. 4, n° 156, , pp. 97-116

High-Frequency Tail Risk Premium and Stock Return Predictability

Caio Almeida, Kim Ardison, Gustavo Freire, René Garcia, and Piotr Orlowski

Journal of Financial and Quantitative Analysis, vol. 59, n° 8, , pp. 3633-3670

Gatekeeping at the counter: The regulation of stacked payment platforms

TSE Working Paper, vol. 24-1590,

Interoperability and Quality Provision in Digital Payments

TSE Working Paper, vol. 24-1587,

List of Seminars

Past

Industrial Policy via Venture Capital

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 4 May 2026

  • Place Auditorium 3

  • Speaker or organiser Martin Aragoneses

Details

Past

An Experiment on the Stakeholder Firm: Shareholders, Consumers and Corporate Externalities

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 13 April 2026

  • Place Auditorium 3

Details

Past

Joint Finance - Theory Seminar "Distressed Investment, Corporate Debt Liquidity, and Capital Structure"”

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 17 March 2026

  • Place Auditorium 3

  • Speaker or organiser Dmitry Orlov

Details

Past

Trade-Off? What Trade-Off: Information Production without Illiquidity

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 9 March 2026

  • Place Auditorium 6

  • Speaker or organiser Thierry Foucault

Details

Past

Who gains when interest rates fall?

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 15 December 2025

  • Place Auditorium 3

  • Speaker or organiser Sylvain Catherine

Details

Past

Value Creation in the Hedge Fund Industry

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 8 December 2025

  • Place Auditorium 3

  • Speaker or organiser Laurent Barras

Details

Past

Corporate Runs and Credit Reallocation

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 1 December 2025

  • Place Auditorium 3

  • Speaker or organiser Elena Carletti

Details

Past

Leveraging to Lend: A Theory of Lax Credit

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 24 November 2025

  • Place Auditorium 3

  • Speaker or organiser Ulf Axelson

Details

Past

Infrastructure Capacity, Risk, and Firm Value: Evidence from U.S. Electricity Tightness

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 17 November 2025

  • Place Auditorium 3

  • Speaker or organiser Marcin Kacperczyk

Details

Past

Insuring Climate Risks in Integrated Markets

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 3 November 2025

  • Place Auditorium 3

  • Speaker or organiser Jan Starmans

Details

Past

CANCELLED

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 1 November 2025

  • Place Auditorium 3

  • Speaker or organiser Rob Bauer

Details

Past

The Political Economy of Firm Networks: CEO Ideology and Global Trade

  • Seminar

  • Finance Seminar, TSE - TSM-R

  • Date 29 September 2025

  • Place Auditorium 3

  • Speaker or organiser Margarita Tsoutsoura

Details

Contact

Matthieu Bouvard

Group leader

Fany Declerck

Group secretary

Conferences

Past

The Long View: Risk, Time, and our Collective Future Conference to celebrate Christian Gollier

  • Conference

  • Date From 11 to 12 June 2026

  • Place Auditorium Jean-Jacques Laffont

Details

Past

Financial Econometrics Conference

  • Conference

  • Date From 22 to 23 May 2026

  • Place Auditorium 3 JJ Laffont

Details

Past

4th BdF - TSE Workshop

  • Workshop

  • Date From 20 to 21 November 2025

  • Place Auditorium 3 Jean-Jacques Laffont

Details