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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

The Pernicious Effects of Contaminated Data in Risk Management

Journal of Banking and Finance, October 2011, vol. 35, n° 10, pp 2569-2583, (in coll. with L. FRESARD, A. Wilhelmsson)

Diversification and Value-at-Risk

Journal of Banking and Finance, January 2010, vol. 34, n° 1, pp 55-66, (in coll. with D. SMITH)

Commonality in Liquidity: A Global Perspective

Journal of Financial and Quantitative Analysis, August 2009, vol. 44, n° 4, pp 851-882, (in coll. with P. Brockman, DY. Chung)

A New Approach to Comparing VaR Estimation Methods

Journal of Derivatives (The), Winter 2008, vol. 16, n° 2, pp 54-66, (in coll. with D. Smith)

Do Banks Overstate their Value-at-Risk ?

Journal of Banking and Finance, May 2008, vol. 32, n° 5, pp 783-794, (in coll. with Z. Deng, Z. Wang)

How Common are Common Return Factors across Nyse and Nasdaq?

Journal of Financial Economics, December 2008, vol. 90, n° 3, pp 252-271, (in coll. with A. Goyal, C. Villa)

Impact of Overwhelming Joy on Consumer Demand

Journal of Sports Economics, February 2008, vol. 9, n° 1, pp 20-42, (in coll. with J-M. Falter, O. Vercruysse)

Repurchasing Shares on a Second Trading Line

Review of Finance, June 2007, n° 11, pp 253-285, (in coll. with D. Chung, D. Isakov)

Why Common Factors on International Bond Markets Are Not So Common

Journal of International Money and Finance, March 2007, vol. 26, n° 2, pp 284-304, (in coll. with D. Smith, C. Villa)

Yield-Factor Volatility Models

Journal of Banking and Finance, October 2007, vol. 31, n° 10, pp 3125-3144, (in coll. with D. Smith)

Scientific articles

The Political Economy of Financial Innovation: Evidence from Local Governments

Review of Financial Studies, June 2017, vol. 30, n° 6, pp 1903-1934, (in coll. with B. VALLEE)

Where the Risks Lie: A Survey on Systemic Risk

Review of Finance, March 2017, vol. 21, n° 1, pp 109-152, (in coll. with S. BENOIT, J. E. COLLIARD, C. HURLIN)

Implied Risk Exposures

Review of Finance, October 2015, vol. 19, n° 6, pp 2183-2222, (in coll. with S. BENOIT, C. HURLIN)

Derivatives Clearing, Default Risk, and Insurance

Journal of Risk and Insurance, June 2013, vol. 80, n° 2, pp 373-400, (in coll. with R. JONES)

Education

  • Doctorate, Other, 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
  • 2011-2015 Responsable Track Finance MBA HEC Paris
  • 2012-2014 Deloitte and Société Générale "Energy and Finance" Chair 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