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Christophe PERIGNON

Professor

Finance

 Profile picture

Biography

Christophe Pérignon is Associate Dean for Research and Professor of Finance at HEC Paris, France. He is also the co-holder of the ACPR (Banque de France) Chair in Regulation and Systemic Risk. He holds a Ph.D. in Finance from the Swiss Finance Institute and has been a Post-Doctoral Fellow at the University of California at Los Angeles (UCLA). Prior to joining HEC Paris, he was an Assistant Professor of Finance at Simon Fraser University in Vancouver, Canada. His areas of research and teaching are derivatives markets, banking, and the regulation of financial markets. His research has been published in top finance journals including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Business, Journal of Financial and Quantitative Analysis, and Review of Finance. In 2014, he received the Europlace Award for the Best Young Researcher in Finance. He is a founder of the scientific website RunMyCode.org.

Scientific articles

Wholesale Funding Dry-Ups

Journal of Finance (The), April 2018, vol. 73, n° 2, pp 575-617

Pitfalls in Systemic-Risk Scoring

Journal of Financial Intermediation, Forthcoming,

CoMargin

Journal of Financial and Quantitative Analysis, September 2017, vol. 52, n° 5, pp 2183–2215

The Political Economy of Financial Innovation: Evidence from Local Governments

Review of Financial Studies, June 2017, vol. 30, n° 6, pp 1903-1934

Where the Risks Lie: A Survey on Systemic Risk

Review of Finance, March 2017, vol. 21, n° 1, pp 109-152

Implied Risk Exposures

Review of Finance, October 2015, vol. 19, n° 6, pp 2183-2222

Derivatives Clearing, Default Risk, and Insurance

Journal of Risk and Insurance, June 2013, vol. 80, n° 2, pp 373-400

The Risk Map: A new tool for validating risk models

Journal of Banking and Finance, October 2013, vol. 37, n° 10, pp 3843-3854

Clearing House, Margin Requirements, and Systemic Risk

Review of Futures Markets, 2011, vol. 19, pp 39-54

The Pernicious Effects of Contaminated Data in Risk Management

Journal of Banking and Finance, October 2011, vol. 35, n° 10, pp 2569-2583

Books

Marchés Financiers: Gestion de portefeuille et des risques

Dunod, Paris

Marchés Financiers: Gestion de portefeuille et des risques

Dunod, Paris

Chapters edited in books

La gestion des risques fait sa révolution

Réinventer L'Entreprise - Repères Pour Une Crise Qui Va Durer, B. Ramanantsoa, J. M. Le Roux (eds), Pearson - Collection Village Mondial

Proceedings

Integration of technology in strategic planning: a problem of structure or identity ?

Proceedings, International Seminar on Strategic Management , 1986 , Paris

Runmycode.org: a novel dissemination and collaboration platform for executing published computational results

Proceedings of IEEE 8th International Conference on e-Science , 2012 (V. STODDEN, C. HURLIN)

Call center capacity allocation with random workload

Proceedings of the 2009 International Conference on Computers & Industrial Engineering , 2009 , Troyes (S. Liao, Y. Dallery, O. Jouini)

Optimization by simulation in manufacturing flow control models

Proceedings of the Rensselaer's Second International Conference on Computer Intergrated Manufacturing , 1990 , Troy (A. Haurie, P. L'Ecuyer)

Working papers

The Private Production of Safe Assets

Cahier de Recherche du Groupe HEC , 2017

Wholesale Funding Runs

Cahier de Recherche du Groupe HEC , 2016

Derivatives Clearing, Default Risk, and Insurance

Mimeo , 2019

Is Mr. Mayor Running a Hedge Fund? The Use of Toxic Loans by Local Authorities

Mimeo , 2019

The Risk Map: A New Tool for Bacstesting Value-at-Risk Models

Mimeo , 2019

Where the Risks Lie: A Survey on Systemic Risk

Cahier de Recherche du Groupe HEC , 2015

The Collateral Risk of ETFs

Cahier de Recherche du Groupe HEC , 2014

Implied Risk Exposures

Cahier de Recherche du Groupe HEC , 2013

Scientific articles

Wholesale Funding Dry-Ups

Journal of Finance (The), April 2018, vol. 73, n° 2, pp 575-617

Pitfalls in Systemic-Risk Scoring

Journal of Financial Intermediation, Forthcoming,

CoMargin

Journal of Financial and Quantitative Analysis, September 2017, vol. 52, n° 5, pp 2183–2215

The Political Economy of Financial Innovation: Evidence from Local Governments

Review of Financial Studies, June 2017, vol. 30, n° 6, pp 1903-1934

Books

Marchés Financiers: Gestion de portefeuille et des risques

Dunod, Paris

Marchés Financiers: Gestion de portefeuille et des risques

Dunod, Paris

Chapters edited in books

La gestion des risques fait sa révolution

Réinventer L'Entreprise - Repères Pour Une Crise Qui Va Durer, B. Ramanantsoa, J. M. Le Roux (eds), Pearson - Collection Village Mondial

Proceedings

Integration of technology in strategic planning: a problem of structure or identity ?

Proceedings, International Seminar on Strategic Management , 1986 , Paris

Runmycode.org: a novel dissemination and collaboration platform for executing published computational results

Proceedings of IEEE 8th International Conference on e-Science , 2012 (V. STODDEN, C. HURLIN)

Call center capacity allocation with random workload

Proceedings of the 2009 International Conference on Computers & Industrial Engineering , 2009 , Troyes (S. Liao, Y. Dallery, O. Jouini)

Optimization by simulation in manufacturing flow control models

Proceedings of the Rensselaer's Second International Conference on Computer Intergrated Manufacturing , 1990 , Troy (A. Haurie, P. L'Ecuyer)

Working papers

The Private Production of Safe Assets

Cahier de Recherche du Groupe HEC , 2017

Wholesale Funding Runs

Cahier de Recherche du Groupe HEC , 2016

Derivatives Clearing, Default Risk, and Insurance

Mimeo , 2019

Is Mr. Mayor Running a Hedge Fund? The Use of Toxic Loans by Local Authorities

Mimeo , 2019

Education

  • Habilitation a diriger des recherches (Qualified Research Supervisor), Finance, Université Paris Dauphine - France
  • Postdoctoral Studies, UCLA, University of California at Los Angeles - USA
  • Ph.D. in Finance, Swiss Finance Institute - Switzerland
  • M.A. in Economics and Finance, Université de Genève - Switzerland
  • B.A. in Economics, Université de Genève - Switzerland

Academic appointments

Academic responsabilities at HEC

  • 2007-2018 Associate Professor HEC Paris
  • 2018 Professor, Finance HEC Paris
  • 2016 Directeur du Laboratoire GREGHEC - UMR CNRS 2959 HEC Paris
  • 2016 Associate Dean for Research HEC Paris
  • 2012-2014 Deloitte and Société Générale "Energy and Finance" Chair HEC Paris
  • 2011 Responsable Track Finance MBA HEC Paris
  • 2007 Member of GREGHEC (CNRS) HEC Paris

External Academic Responsabilities

  • 2003-2007 Assistant Professor of Finance Simon Fraser University
  • 2001-2003 Chercheur post doctoral UCLA, University of California at Los Angeles

Scientific Activities

Membership in Academic or Professional Organisation

  • Member, French Finance Association
  • Member, American Finance Association
  • Member, European Finance Association

Editorial activities

  • Reviewer, Journal of Finance, Review of Financial Studies, Management Science, Journal of Money, Credit and Banking, Review of Finance, Journal of Banking and Finance, Financial Review, Journal of Empirical Finance, Journal of Risk.

  • Conference organisation

  • Membre du Comité de programme: Financial Management Association, European Meeting, 2008, 2009
  • Referee for European Finance Association since 2010
  • Membre du Comité de programme : Conférence de l'AFFI, since 2007
  • 2019-2019 Co-organizer HEC Data Day
  • 2018-2018 Big Data Day @ HEC conference organizer, 1st edition
  • 2009- Co-organisateur, "6th HEC - INSEAD - PSE 2009 Workshop on Economics & Finance"
  • Awards & honors

    Membership in Academic or Professional Organisation

    • 2016 Best AFFI 2016 Paper Award for the paper "Wholesale Funding Runs"
    • 2012 Winner of the 2012 HEC Foundation award for Teaching Innovation for the project "RunMyCode: Bringing Research into the Classroom"
    • 2009 Award for the Best Paper in Risk Management at the Midwest Finance Association Conference, Chicago