Johan Hombert


Biography

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.


Publications (Selected)

Can 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)

Incentive 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)

Can 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)

Anticompetitive 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)

The 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)

Can 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)

The 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)

News Trading and Speed. Journal of Finance (The), February 2016, vol. 71, n° 1, pp 335-382, (in coll. with T. FOUCAULT, I. ROSU)

Overcoming Limits of Arbitrage: Theory and Evidence. Journal of Financial Economics, January 2014, vol. 111, n° 1, pp 26-44, (in coll. with David THESMAR)

Equilibrium 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)

Upsteam 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)

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

Institutions

HEC Paris

Fields

Economics

Finance

Topics

Life Insurance

The Financing Of Entrepreneurship And Innovation


Positions Held

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


Editorial

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


Awards

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)