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Biography

Vincent is an Associate Professor (without tenure) in the department of Finance at HEC. He holds a master's degree from Ecole Polyechnique and a PhD in Economics from the European University Institute in Florence. Prior to joining HEC, Vincent taught at the Stockholm School of Economics (2016 - 2023). In his research, Vincent works on topics such as financial market structure, alternative assets and the role of collateral. His articles have been published in international outlets such as Journal of Finance, Management Science, or Journal of Financial and Quantitative Analysis.

Scientific articles

Risk Managers in Banks

Review of Financial Studies, Forthcoming, (in coll. with M. EFING, P. KAMPKÖTTER)

Fragility under joint financing: The (moral) hazards of diversification

Journal of Economic Theory, April 2025, vol. 225, n° 105990, (in coll. with P. Gottardi, C. Monnet)

The Design of a Central Counterparty

Journal of Financial and Quantitative Analysis, May 2024, vol. 59, n° 3, pp 1257-1299, (in coll. with J. C. F. KUONG)

A Theory of Liquidity in Private Equity

Management Science, October 2023, vol. 69, n° 10, pp 5740-5771, (in coll. with D. T. Robinson, P. Strömberg)

Asset scarcity and collateral rehypothecation

Journal of Financial Intermediation, 2022, vol. 52, n° 100992,

Liquidity Fluctuations in Over‐the‐Counter Markets

Journal of Finance, April 2022, vol. 77, n° 2, pp 1325-1369,

A theory of repurchase agreements, collateral re-use, and repo intermediation

Review of Economic Dynamics, July 2019, vol. 33, pp 30-56, (in coll. with P. Gottardi, C. Monnet)

Working papers

Fragility of Secured Credit Chains

Study Center Gerzensee , 2023

Can Stablecoins Be Stable?

University of Chicago, Becker Friedman Institute for Economics Working Paper Series , 2022

Scientific articles

Fragility under joint financing: The (moral) hazards of diversification

Journal of Economic Theory, April 2025, vol. 225, n° 105990, (in coll. with P. Gottardi, C. Monnet)

The Design of a Central Counterparty

Journal of Financial and Quantitative Analysis, May 2024, vol. 59, n° 3, pp 1257-1299, (in coll. with J. C. F. KUONG)

A Theory of Liquidity in Private Equity

Management Science, October 2023, vol. 69, n° 10, pp 5740-5771, (in coll. with D. T. Robinson, P. Strömberg)

Asset scarcity and collateral rehypothecation

Journal of Financial Intermediation, 2022, vol. 52, n° 100992,

Working papers

Fragility of Secured Credit Chains

Study Center Gerzensee , 2023

Can Stablecoins Be Stable?

University of Chicago, Becker Friedman Institute for Economics Working Paper Series , 2022

Education

  • Ph.D., Economics, European University Institute, Florence - Italy

Academic appointments

Academic Responsibilities at HEC

  • 2023- Associate Professor, Finance HEC Paris
  • 2023- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris, GREGHEC HEC Paris

External Academic Responsibilities

  • 2016-2023 Assistant Professor, Finance Stockholm School of Economics

Scientific Activities

Editorial activities

  • Referee: Review of Economic Studies, Journal of Finance, Review of Financial Studies, Review of Finance, Journal of Economic Theory, Economic Theory, Journal of Banking and Finance