Johan Hombert

🚨Submit a paper to the Adam Smith Workshop, which will be hosted by HEC Paris on April 10-11 2025 -- and enjoy Paris in the Spring! adamsmithworkshop.com

⏰ Deadline reminder! Send us your entrepreneurship papers by *this Sunday Sep 15* for the annual HEC Paris Entrepreneurship Workshop Dec 12-13. Great research, people, and food 😋 This year a social activity in Paris TBD (taking suggestions!) More👇 hecparisentrepreneurship.github.io

Submit a paper to the HEC Paris Entrepreneurship Workshop, which be held on the HEC Paris campus on December 14-15, 2023. Submission deadline September 15th. hecparisentrepreneurship.github.io

3rd great paper at HECParis #PhDaward by Lulu Wang from Stanford GSB: Cool estimation of two-sided market model of payment card market. Key take-away: EU approach of capping merchant fees far better for consumers than current US statu quo of high fees+generous rewards @luluywang

So far, papers presented at the Top Finance Graduate Award #PhDaward are quite left wing and pro redistribution! That's probably why the event is taking place in France.

2nd great paper at #PhDaward by Nishant Vats from Booth. Universal income to Indian farmers -> more investment (tractors, etc) -> more productive. Works through credit multiplier: $1 universal income -> + $15 of credit. Bang for the buck of universal income is large. @nish_vats

Terrific lineup of speakers at the Top Finance Graduate Award at HEC Paris #PhDaward First speaker: Menaka Hampole from Northwestern U shows that low-income college students choose low-paying majors. Bright side: replacing student debt w grants mitigates the bias. @menaka_hampole

I am hiring a Pre-Doctoral Research Fellow to work on exciting research projects on life insurers in a friendly and intellectually stimulating research environment: the Finance department at HEC Paris. johanhombert.github.io/HECParis_Predo… #predoc @econ_ra @predoc_org

#ChatGPT takes my finance exam By #HECprof of Johan Hombert, director of @HECParisPhD 📰johanhombert.github.io/blog/20230108-…

Submit a paper to the HEC Paris Entrepreneurship Workshop (Dec 9-10 2022) hecparisentrepreneurship.github.io Submission deadline: October 9th

#RFS #Forthcoming: Can Risk Be Shared across Investor Cohorts? Evidence from a Popular Savings Product Johan Hombert @johanhombert @HECParis Victor Lyonnet @FisherOSU doi.org/10.1093/rfs/hh…

And @noemiept from @HECParis shows that local government debt crowds out corporate credit and investment. This crowding out effect significantly reduces the output multiplier of debt-financed local government spending. 5/5 npinardontouati.github.io

HEC Paris is looking to hire a Pre-Doctoral Research Fellow to work with François Derrien, @johanhombert and Daniel Schmidt on research projects at the intersection between finance and climate. johanhombert.github.io/HEC_PreDoc.pdf @econ_ra

Submit a paper to the HEC Paris Entrepreneurship Workshop hecparisentrepreneurship.github.io It will be in-person (hooray!) on Dec 10-11 2021 on the HEC Paris campus.

Register for the Adam Smith Workshop on 21-22-23 April here: cepr.org/5780/programme Great lineup of papers in Corporate Finance + Asset Pricing!

Thrilled to have been awarded an ERC Consolidator grant to do research on European life insurers! An introduction: Inter-generational risk sharing in the French market johanhombert.github.io/HL.pdf

Huan Tang from HEC Paris PhD program is awarded the prestigious AQR Top Finance Graduate Award for her research on privacy in FinTech. Huan is now joining the London School of Economics as an assistant prof of finance. Congratulations! @HECParisPhD tilmeld.dk/financegradawa…

As #unemployment is surging in the wake of #COVID19, the post-crisis policy toolkit should take special care of the design of unemployment insurance. #HECprof @johanhombert writes in @HECKnowledge hec.edu/en/knowledge/a…

Jeunes diplômés : la tech est-elle vraiment la voie royale ? (spoiler : l'expérience de la bulle internet des années 90 suggère que non) theconversation.com/jeunes-diplome…

With sky-high unemployment when we emerge from COVID, such schemes should be part of the policy toolkit ==> beneficial for both job creation & business dynamism. n/n

In data: 1. Business creation increased by 25% in aggregate. 2. Quality of newly created businesses did not go down. 3. Estimated fiscal cost is low. 4/n

How to foster business dynamism when we emerge from COVID? We have a paper out in the JF showing that well designed unemployment insurance is key. 1/n Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France onlinelibrary.wiley.com/doi/abs/10.111…