Matthieu SegolParis School of Economics
I am a PhD candidate in Financial Economics at the Paris School of Economics under the supervision of Prof. Jean Imbs. My research interests are in banking, financial regulations and financial stability. In my latest analysis, I worked with European Investment Bank economists A. Kolev and L. Maurin on the financing of intangible capital in Europe. We document how bank loan terms may have a negative impact on firms’ investment in intangible assets and provide insights on which policies could be suited to remove the existing bottlenecks. In collaboration with S. Daudignon from the Paris School of Economics, I also recently worked on the impact of the changing regulatory landscape for the US banking sector in the aftermath of the 2008 crisis. In our analysis, we focus on the effects of the central clearing requirement for interest rate swaps on banks’ use of derivatives. We provide evidence that a substantial share of end-user banks were able to circumvent part of the requirement by rebalancing their derivative portfolio, allowing them to avoid the different costs associated with central clearing. I graduated in Economics from Ecole Normale Superieure Paris-Saclay and Sciences Po Paris and had the opportunity to work at the OECD (Economics Department), the European Commission (DG ECFIN) and more recently at the European Investment Bank (Economics Department), where I was awarded a one-year research grant. I will be on the 2020/2021 Job Market.