Research

Research grants

Civica research grant 2022-2024. Project: GREENINGBANKS. Team: Michele Fioretti (pilot), Clément Mazet-Sonilhac, Jean-Stéphane Mésonnier.

ANR research grant 2024-2028. Project: RESPGLOB (ANR-23-CE26-0004-01). Team: Pamina Koenig (pilot), Michele Fioretti, Lionel Fontagné, Jean-Stéphane Mésonnier, Sandra Poncet, Christian Volpe.

Working papers

Some don’t like it hot: bank depositors and NGO campaigns against fossil banks. Sciences Po Discussion Paper No. 2023-08. Revised version: September 2024. With Clément Mazet-Sonilhac.

Bank local specialization.Banque de France WP No. 865, February 2022. With A. Duquerroy, C. Mazet-Sonilhac and D. Paravisini. Under revision.

Good connections: bank specialization and the tariff elasticity of exports. Banque de France WP No. 814, May 2021. Also: CEPR Discussion paper 15890, March 2021. With Antoine Berthou and Thierry Mayer. Revise and resubmit (2nd round) at the Journal of International Economics.

Showing off cleaner hands: mandatory climate-related disclosure by financial institutions and the financing of fossil energy. Revised version: August 2022. Earlier version: Banque de France Working Paper No. 800, January 2021. With Benoit Nguyen. Under revision. Press coverage: RSE Data news, Responsible investor, The Economist

Set-up costs and the financing of young firms. Banque de France Working Paper No. 792, December 2020. Previous version: CEPR Discussion paper 14512, March 2020. With François Derrien and Guillaume Vuillemey. Revise and resubmit at Management Science. Policy brief: SUERF policy brief 93, May 2021

Work in progress

Greening banks: shareholders vs stakeholders. With Andrea Andolfatto, Michele Fioretti and Clément Mazet-Sonilhac.

Due diligence risk. With Lionel Fontagné and Clément Mazet-Sonilhac.

Older unpublished working papers

Fiscal sustainability, default risk and euro area sovereign bond spreads. Banque de France Working Paper No. 350, July 2012, with Vladimir Borgy, Thomas Laubach and Jean-Paul Renne.

Does uncertainty make a time-varying natural rate of interest irrelevant for the conduct of monetary policy? October 2007, with Jean-Paul Renne.

Règle de Taylor et politique monétaire dans la zone euro. Banque de France Working Paper, September 2004, with J.-P. Renne.