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Johan HOMBERT

Associate Professor

Finance

 Profile picture

Biography

Johan Hombert is a Professor of Finance at HEC Paris. He graduated from Ecole Polytechnique in Paris and holds a PhD in Economics from the Toulouse School of Economics. His research interests are entrepreneurship and innovation, friction in financial and banking markets, and life insurance. His research has been published in the top finance and economics journal such Journal of Finance, Review of Financial Studies, Journal of Financial of Economics, Review of Financial Studies.

Scientific articles

Can Unemployment Insurance Spur Entrepreneurial Activity?

Journal of Finance (The), Forthcoming, (in coll. with D. THESMAR)

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 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)

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)

Working papers

Trading and liquidity with limited cognition

Mimeo , 2010

Limits of Limits of Arbitrage: Theory and Evidence

Mimeo , 2009

Optimal Financial Structure and Asset Prices

Mimeo , 2019

Solvency Shocks, Liquidity Shocks, and Fire Sales

Mimeo , 2019

Scientific articles

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 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)

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)

Working papers

Education

  • Ph.D. in Economics, Toulouse School of Economics - France
  • MS in Economics, École d'économie de Paris (Paris School of Economics) - France
  • Graduate Diploma in Economics and Statistics, Ecole Nationale de la Statistique et de l'Administration Economique (ENSAE) - France
  • B.S. in Applied Mathematics and Economics, Ecole Polytechnique - France

Academic appointments

Academic responsabilities at HEC

  • 2018- Department Head, Finance HEC Paris
  • 2015- Associate Professor, Finance HEC Paris
  • 2010-2014 Assistant Professor HEC Paris
  • 2012-2013 Member of the steering committee New challenges for new data with the HECPolytechnique-ENSAE joint ECODEC Labex HEC Paris
  • 2011-2013 Organization of the Finance Department research seminar series HEC Paris
  • 2010- Member of GREGHEC (CNRS) HEC Paris

External Academic Responsabilities

  • 2005-2009 Teaching Assistant in Macroeconomics, ENSAE, Paris, France HEC Paris

Scientific Activities

Editorial activities

  • 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

  • Conference organisation

  • 2019-2019 Organizer of the 8th Annual HEC Paris Workshop on Entrepreneurship
  • Awards & honors

    • 2016 2016 Best Young Researcher in Finance Award
    • 2015 Prix du Chercheur de l'annee 2015, Fondation HEC
    • 2015 Laureat du Prix EIF 2015 du meilleur papier en finance
    • 2014 Young Researcher in Economics Prize 2014