Encyclopedia
Economics & Finance
Johan Hombert
Professor of Finance, HEC Paris
Johan Hombert is Professor of Finance at HEC Paris.
His research interests are life insurance & the financing of entrepreneurship and innovation. His articles have been published in the top finance and economics journal such as American Economic Review, Journal of Finance, Review of Financial Studies, Journal of Financial of Economics, Review of Financial Studies.
He is the author of The Finance Blog.
- Education
- PhD Economics, Toulouse School of Economics · MS in Economics, École d'économie de Paris (Paris School of Economics) · Graduate Diploma in Economics and Statistics, Ecole Nationale de la Statistique et de l'Administration Economique (ENSAE) · B.S. in Applied Mathematics and Economics, Ecole Polytechnique
- Topics
- Economics · Finance · Life Insurance · The Financing Of Entrepreneurship And Innovation
In the Encyclopedia17
- Blog · Feb 9, 2025Making DeepSeek Speak About Tiananmen
- Blog · Jan 8, 2023ChatGPT Takes My Finance Exam
- Blog · Oct 2, 2021Should You Buy Stocks When You Are Young?
- Blog · Apr 25, 2021Privacy As A Public Good
- Blog · Apr 18, 2021Why Do We Share Our Personal Data? The Privacy Paradox
- Blog · Apr 10, 2021Do Stock Prices Affect Corporate Investment?
- Blog · Apr 5, 2021Does Artificial Intelligence Make Financial Markets More Informative?
- Blog · Feb 5, 2021How Much Money Retail Traders Lose
- Blog · Jan 11, 2021Belief Formation In The Stock Market
- Blog · Nov 21, 2020Is The Stock Market Predictable?
- Blog · Oct 25, 2020CAPM (Mis)valuation In Mergers & Acquisitions
- Blog · Oct 10, 2020Is The CAPM Fake News?
- Blog · Oct 5, 2020Should France Privatize Its Airports?
- Blog · Sep 29, 2020Is The Stock Market Over-Exposed To The Tech Giants?
- Blog · Jun 8, 2020Should The EU Issue Perpetual Bonds?
- Blog · May 12, 2020Can Social Objectives Be Financed By Money Creation?
- Blog · Apr 24, 2020Were Stock Prices Too High Before Covid-19?
Selected publications11
- 2022Can Risk Be Shared across Investor Cohorts? Evidence from a Popular Savings Product. Review of Financial Studies, December 2022, vol. 35, n° 12, pp 5387–5437, (in coll. with V. LYONNET)
- 2021Incentive constrained risk sharing, segmentation and asset pricing. American Economic Review, November 2021, vol. 111, n° 11, pp 3575-3610, (in coll. with B. BIAIS, P.-O. WEILL)
- 2020Can Unemployment Insurance Spur Entrepreneurial Activity? Journal of Finance (The), June 2020, vol. 75, n° 3, pp 1247-1285, (in coll. with A. SCHOAR, D. A. SRAER, D. THESMAR)
- 2019Anticompetitive Vertical Merger Waves. Journal of Industrial Economics, September-December 2019, vol. 67, n° 3-4, pp 484-514, (in coll. with J. POUYET, N. SCHUTZ)
- 2018The competitive effect of a bank megamerger on credit supply. Journal of Banking and Finance, aout 2018, vol. 93, pp 151-161, (in coll. with H. FRAISSE, M. LE)
- 2017The Real Effects of Lending Relationships on Innovative Firms and Inventor Mobility. Review of Financial Studies, July 2017, vol. 30, n° 7, pp 2413–2445, (in coll. with A. MATRAY)
- 2016News Trading and Speed. Journal of Finance (The), February 2016, vol. 71, n° 1, pp 335-382, (in coll. with T. FOUCAULT, I. ROSU)
- 2014Overcoming Limits of Arbitrage: Theory and Evidence. Journal of Financial Economics, January 2014, vol. 111, n° 1, pp 26-44, (in coll. with David THESMAR)
- 2014Equilibrium Pricing and Trading Volume under Preference Uncertainty. Review of Economic Studies, October 2014, vol. 81, n° 4, pp 1401-1437, (in coll. with B. BIAIS, P. O. WEILL)
- 2011Upsteam competition with vertically integrated firms. Journal of Industrial Economics, December 2011, vol. 59, n° 4, pp 677-713, (in coll. with M. Bourreau, J. Pouyet, N. Schutz)
- 2003Can Innovation Help U.S. Manufacturing Firms Escape Import Competition from China?. Journal of Finance (The), October 2018, vol. 73, n° 5, pp 2003-2039, (in coll. with A. MATRAY)
Positions & affiliations10
- HEC Paris
- Professor, HEC Paris, 2022 -
- Associate Dean of the Ph.D. Program, HEC Paris, 2021-
- Associate Professor of Finance, HEC Paris, 2015-2021
- Department Head, Finance, HEC Paris, 2018-2020
- Assistant Professor, HEC Paris, 2010-2014
- Member of the steering committee, New challenges for new data with the HECPolytechnique-ENSAE joint ECODEC Labex, 2012-2013
- Organization of the Finance Department research seminar series, HEC Paris, 2011-2013
- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris, 2010-
- Teaching Assistant in Macroeconomics, ENSAE, Paris, France, 2005-2009
Credentials & fellowships1
- Reviewer: Journal of Finance, Econometrica, Review of Financial Studies, Review of Economic Studies, Review of Finance, Review of Economics and Statistics, American Economic Review, Quarterly Journal of Economics
Honours & awards4
- Best Young Researcher in Finance Award (2016)
- Prix du Chercheur de l'annee 2015, Fondation HEC (2015)
- Laureat du Prix EIF 2015 du meilleur papier en finance (2015)
- Young Researcher in Economics Prize (2014)