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Biography

Guillaume Vuillemey obtained a Ph.D. in economics at Sciences Po (Paris) in 2015, after a master degree in economics from Sciences Po and the Ecole Polytechnique. His main research interests include derivatives markets, the functioning and regulation of banks and financial markets, as well as risk management and economic history.

He has published research articles in the Journal of Finance, the Journal of Financial Economics and the Review of Financial Studies

Guillaume Vuillemey has been a visiting researcher at several foreign institutions, including the European Central Bank and Harvard University. He has also worked as an economist for the Banque de France. He is also an affiliated researcher to the Autorité de contrôle prudentiel et de résolution (ACPR) Chair in systemic risk. 

To access his most recent works: http://sites.google.com/site/guillaumevuillemey/home

Scientific articles

Mitigating fire sales with a central clearing counterparty

Journal of Financial Intermediation, 2023, vol. 55, n° 101045,

The Economics of Central Clearing

Annual Review of Financial Economics, November 2021, vol. 13, pp 153-178, (in coll. with A. J. MENKVELD)

The Private Production of Safe Assets

Journal of Finance (The), April 2021, vol. 76, n° 2, pp 495-535, (in coll. with M. KACPERCZYK, C. PERIGNON)

Are Responsible Investments Feasible? / Vers un investissement vraiment responsable ?

Revue d'Économie Financière, April 2021, vol. 142, n° 2, pp 87-97,

The Failure of a Clearinghouse: Empirical Evidence

Review of Finance, February 2020, vol. 24, n° 1, pp 99-128, (in coll. with V. BIGNON)

The Value of Central Clearing

Journal of Finance (The), August 2020, vol. 75, n° 4, pp 2021-2053,

Frictional unemployment with stochastic bubbles

European Economic Review, February 2020, vol. 122, n° 103352, (in coll. with E. WASMER)

Bank Interest Rate Risk Management

Management Science, December 2019, vol. 65, n° 12, pp 5933-5956,

Who bears interest rate risk?

Review of Financial Studies, August 2019, vol. 32, n° 8, pp 2921-2954, (in coll. with P. HOFFMANN, S. LANGFIELD, F. PIEROBON)

Wholesale Funding Dry-Ups

Journal of Finance (The), April 2018, vol. 73, n° 2, pp 575-617, (in coll. with C. PERIGNON, D. THESMAR)

Books

Le temps de la démondialisation - Protéger les biens communs contre le libre-échange

Coédition Seuil / La République

Risque de contrepartie et compensation centrale des produits dérivés

RB Édition

Working papers

Scientific articles

Mitigating fire sales with a central clearing counterparty

Journal of Financial Intermediation, 2023, vol. 55, n° 101045,

Are Responsible Investments Feasible? / Vers un investissement vraiment responsable ?

Revue d'Économie Financière, April 2021, vol. 142, n° 2, pp 87-97,

The Economics of Central Clearing

Annual Review of Financial Economics, November 2021, vol. 13, pp 153-178, (in coll. with A. J. MENKVELD)

The Private Production of Safe Assets

Journal of Finance (The), April 2021, vol. 76, n° 2, pp 495-535, (in coll. with M. KACPERCZYK, C. PERIGNON)

Books

Le temps de la démondialisation - Protéger les biens communs contre le libre-échange

Coédition Seuil / La République

Risque de contrepartie et compensation centrale des produits dérivés

RB Édition

Working papers

Education

  • Ph.D., in Economics, Sciences Po Paris - France
  • Master of Science/Grande Ecole, in Economics, Ecole Polytechnique / Sciences Po Paris / ENSAE - France
  • Bachelor of Science, Economics and Political Science, Sciences Po Paris - France

Academic appointments

Academic Responsibilities at HEC

  • 2019- Associate Professor, Finance HEC Paris
  • 2015-2019 Assistant Professor, Finance HEC Paris
  • 2015- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris HEC Paris

Awards & honors

  • 2020 HEC Foundation Best Researcher 2019 Award
  • 2019 Prix du jeune chercheur en economie 2019 de la Fondation Banque de France pour la recherche
  • 2016 Best AFFI 2016 Paper Award for the paper "Wholesale Funding Runs"