Laurent WEILL Full Professor in Economics Université Robert

Laurent WEILL
Full Professor in Economics
Université Robert Schuman (Strasbourg)
Institut d’Etudes Politiques
47 avenue de la Forêt Noire
67082 Strasbourg Cedex, France
Phone: 33.3.88.41.77.54
[email protected]
Personal
Born on the 3rd of January 1973.
French nationality.
Married, three daughters.
Current position
Full Professor in Economics, Université Robert Schuman, Strasbourg (since 2008).
Part Time and Temporary Positions
2008
2005-2008
2005-2006
Visiting Researcher, BOFIT (Bank of Finland Institute for Economies of
Transition), Bank of Finland (3 months).
Economist (external), Czech National Bank (CNB).
Visiting Researcher, Université Libre de Bruxelles (ULB).
Previous positions
2007-2008
2000-2007
1998-2000
1994-1998
Associate Professor, Université Robert Schuman, Strasbourg.
Assistant Professor, Université Robert Schuman, Strasbourg.
Credit Analyst, BNP-Dresdner Bank CR a.s., Prague.
Research and Teaching Fellow, Université Robert Schuman, Strasbourg.
Education
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PhD in Economics– Topics : Banking Efficiency and Organization of Credit Markets,
Université Robert Schuman, Strasbourg. Advisor : Professor Michel Dietsch.
Graduate Degree « Economic Integration and Political and Monetary Institutions in
Europe » (Diplôme d'Etudes Approfondies), Université Robert Schuman, Strasbourg.
Bachelor’s Degree in Finance and Economics (Diplôme de l'Institut d'Etudes Politiques
de Strasbourg), Université Robert Schuman, Strasbourg.
Bachelor’s Degree in Mathematics applied to Economics, Université Louis Pasteur,
Strasbourg.
Research Interests
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Banking Economics.
Corporate Finance (financial structure, corporate governance).
Transition Economics (banking and financial issues).
Measurement of Performance (frontier efficiency techniques)
Development Economics (determinants of economic development, financial issues).
Publications
Journals
1. "Syndicated Loans in Emerging Markets” (with Christophe Godlewski), in
Emerging Markets Review 9, 206-219, 2008
2. "Protection des Investisseurs et Efficience Macroéconomique", in Revue
Economique (forthcoming).
3. "Collateral and Adverse Selection in Transition Countries" (with Christophe
Godlewski), in Eastern European Economics (forthcoming).
4. "Banking Competition and Cost Efficiency: A Micro-Data Analysis on the Czech
Banking Industry" (with Anca Podpiera and Franziska Schobert), in Comparative
Economic Studies 50, 2, 253-273, 2008.
5. "Bad Luck or Bad Management? Emerging Banking Market Experience" (with Jiri
Podpiera), in Journal of Financial Stability 4, 135-148, 2008.
6. "Does Leverage Influence Auditor Choice? A Cross-Country Analysis" (with
Géraldine Broye), in Applied Financial Economics 18, 9, 1-17, 2008.
7. "On the Inefficiency of European Socialist Economies Relative to Developed and
Developing Economies", in Journal of Productivity Analysis 29, 2, 79-89, 2008.
8. "Leverage and Corporate Performance : Does Institutional Environment
Matter?", in Small Business Economics 30, 3, 251-265, 2008.
9. "Is There a Gap in Bank Efficiency between Western and Eastern European
Countries ?" in Comparative Economic Studies 49, 101-127, 2007.
10. "On the Consistency of Aggregate Production Frontiers" in European Journal of
Operational Research 172, 326-333, 2006
11. "Le Rôle des Garanties pour les Banques Françaises" (with Régis Blazy), in
Revue d’Economie Politique 4, 501-522, 2006.
12. "Cost Efficiency of Belgian Banks during the Nineties" in Brussels Economics
Review / Cahiers Economiques de Bruxelles 49, 1, 21-36, 2006.
13. "Propriété Etrangère et Efficience des Banques dans les Pays en Transition : Une
Analyse par la Méthode DEA" in Revue Economique 57, 5, 1093-1108, 2006.
14. "L’Efficience de Coût des Banques Françaises au cours des Années 90", in
Banque et Marchés 85, 6-16, 2006.
15. "The Determinants of Trade Credit in Transition Countries" (with Anne-France
Delannay) in Economics of Planning 37, 3-4, 173-19, 2005.
16. "Can Mergers in Europe help Banks hedge against Macroeconomic Risk ?" (with
Pierre-Guillaume Méon), in Applied Financial Economics 15, 5, 315-326, 2005.
17. "Does Better Governance Foster Efficiency? An Aggregate Frontier Analysis"
(with Pierre-Guillaume Méon), in Economics of Governance 6, 1, 75-90, 2005.
18. "The Evolution of Efficiency in European Banking in the 90s" in Revue Bancaire
et Financière/Bank en Financiewezen 2, 95-100, 2005.
19. "Does Corruption Hamper Efficiency?"(with Pierre-Guillaume Méon) in
Empirical Economics Letters 1, 3, 21-28, 2004.
20. "On the Relationship between Competition and Efficiency in the EU Banking
Sectors", in Kredit und Kapital 37, 3, 329-352, 2004.
21. "A View of the European Union as an Evolving Country Portfolio" (with PierreGuillaume Méon), in European Journal of Political Economy 20, 4, 853-868,
2004.
22. "Measuring Cost Efficiency in European Banking : A Comparison of Frontier
Techniques", in Journal of Productivity Analysis 21, 133-152, 2004.
23. "What Determines Leverage in Transition Countries ?" in Finance a Uvĕr (Czech
Journal of Economics and Finance) 5-6, 234-242, 2004.
24. "Banking Efficiency in Transition Economies : The Role of Foreign Ownership",
in Economics of Transition, 11, 3, 569-592, 2003.
25. "L’Endettement améliore-t-il la Performance des Entreprises ? ", in Banque et
Marchés 66, p.13-20, 2003.
26. "L’Intégration Européenne a-t-elle permis une Diversification des risques macroéconomiques ? Une Approche en Termes de Portefeuille" (with Pierre-Guillaume
Méon), in Economie Internationale 83, 117-134, 2003.
27. "Does Restructuring Improve Banking Efficiency in a Transition Economy ?" in
Applied Economics Letters 9, 5, 279-281, 2002.
28. "Le Rôle de la Relation de Clientèle comme Barrière à l’Entrée Stratégique sur les
Marchés Bancaires ", in Revue Economique 2, vol.53, 201-222, 2002.
29. "L’Evaluation des Fonds Propres des Sociétés Non Cotées en Europe " (with
Michel Dietsch), in Revue d’Economie Financière, « Savings and Investment en
Europe », n°64, 211-225, 2002.
30. "Concurrence et efficience dans la Banque: Modélisation Théorique et
Vérification Empirique", Revue Française d'Economie, 13, 2, 1998, 101-127.
Chapters in books
31. "Measuring Market Structure Characteristics for Accounting Firms: An
Application on the French Market" (with Géraldine Broye), in Advances in
Quantitative Finance & Accounting, Elsevier (forthcoming).
32. "Estimating the Gap in Banking Efficiency between Eastern and Western
European Countries", in South Eastern European Challenges and Prospects
(editors: Klaus Liebcher, Josef Christl, Peter Mooslechner and Doris RitzbergerGrünwald), Edwards Elgar, 335-349, 2005.
33. "La Convergence entre Banques des Pays en Transition et Banques des Pays de
l'Europe Occidentale dans la Perspective de l'Elargissement", Enlargement of
the European Union, Benefits and Costs for New Member Countries, 113-126,
Wydawnictwo Uniwersytetu Wroclawskiego, Wroclaw, 2005.
34. "Determinants of Leverage and Access to Credit : Evidence on Western and
Eastern European Countries" in Research in Banking and Finance, vol.2, I.
Hasan et W. Hunter (editors), Elsevier, 2001.
35. "The Evolution of Cost and Profit Efficiency in the European Banking Industry"
(with Michel Dietsch), in Research in Banking and Finance, vol.1, I. Hasan et
W. Hunter (editors), Elsevier, 2000.
36. "Les Performances des Banques françaises de Dépôt: Une Evaluation par la
Méthode DEA", (with Michel Dietsch), in La Méthode DEA, P.Y. Badillo et J.
Paradi (editors), Editions Hermès, 1999.
37. "Bank Efficiency and European Integration", in Geld, Finanzwirtschaft, Banken
und Versicherungen, 1996, C. Hipp et al. (editors), 707-729,
Verlagversicherungwirtschaft, Karlsruhe, 1997.
Papers Under Revision
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"Does Collateral Help Mitigate Adverse Selection Problems? A Cross-Country Analysis"
(with Christophe Godlewski), under revision in Journal of Banking and Finance.
"Institutional Reforms Now and Benefits Tomorrow : How Far is Tomorrow ?" (with
Pierre-Guillaume Méon and Khalid Sekkat), under revision in Economics and Politics.
"Banking Efficiency in Russia: Does Private Ownership Really Matter?" (with Alexei
Karas and Koen Schoors), under revision in Economics of Transition.
"Does the Shadow Economy Raise Observed Aggregate Efficiency? A Cross-Country
Comparison" (with Pierre-Guillaume Méon, Friedrich Schneider and Axel Dreher), under
revision in Applied Economics.
"Does Financial Intermediation Matter for Economic Performance?” (with PierreGuillaume Méon), under revision in Economic Modelling.
"Convergence in Banking Efficiency across European Countries", under revision in
Journal of International Financial Markets, Institutions and Money.
Main Recent Conferences
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Southern Finance Association 2007 Conference, Charleston, November 2007.
SUERF and Bank of Finland Joint Conference on Financial Markets, Innovation
and Growth, Helsinki, September 2007.
German Finance Association 2007 Meeting, Dresden, September 2007.
16th Meeting of the European Financial Management Association (EFMA), Vienna,
June 2007.
Financial Management Association (FMA) European Meeting, Barcelona, May 2007.
Chinese Economic Society Europe Conference, Portoroz, May 2007.
Conference on Risk, Regulation and Competition: Banking in Transition
Economies, Ghent, September 2006.
30th Annual Congress of the European Association for Research in Industrial
Economics (EARIE), Amsterdam, August 2006.
North American Workshop on Productivity Analysis, New York, June 2006.
Northern Finance Association 2005 Conference, Vancouver, October 2005.
9th European Workshop on Productivity Analysis, Bruxelles, June 2005.
XIII International “Tor Vergata” Conference on Banking and Finance, Rome,
December 2004.
Invited Speaker at the Conference on European Economic Integration, National
Bank of Austria (ÖNB), Vienne, November 2004.
25th SUERF Colloquium on Competition and Profitability in European Financial
Services, Madrid, October 2004.
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28th Annual Congress of the European Association for Research in Industrial
Economics (EARIE), Berlin, September 2004.
Research Grants
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National Agency for Research, Research Grant on “Islamic Banking and Finance”, 2008.
National Agency for Research, Research Grant on “Financing of French Politics”, 2008.
Czech National Bank, Research Grant on "A New Measure of Excessive Risk-Taking: An
Application to the Czech Banking Industry", 2007.
Czech National Bank, Research Grant on "Banking Competition, Excessive Risk-Taking
and Cost Efficiency", 2006.
Observatoire des PME – OSEO, Research Grant on "Firm Bankruptcies in Europe",
2006.
European Credit Research Institute, Research Grant on "Efficiency of Consumer Credit
Companies in the European Union : A Cross-Country Frontier Analysis", 2003.
European Savings Institute, Research Grant on "Comparison of Financial Structure of
Companies in Europe and the United States", 2001.
European Savings Institute, Research Grant on "The Evaluation of Equity for NonListed Companies in Europe", 2001.
Commissariat Général du Plan, Research Grant on "Ownership Concentration and
corporate Governance", 2000.
Banque de France, Research Grant on "Equity policies in Europe", 2000.
Refereeing
Asia Pacific Management Review, Brussels Economic Review, Comparative Economic
Studies, Eastern Economic Journal, Economic Modelling, Economic Systems, Economics of
Planning, Economics of Transition, Economie Internationale, Emerging Markets Finance and
Trade, European Journal of Comparative Economics, European Journal of Operational
Research, Finance, Finance a Uvĕr (Czech Journal of Economics and Finance), Frontiers in
Finance and Economics, International Journal of Productivity & Performance Management,
Journal of Comparative Economics, Journal of Economic Behavior and Organization, Journal
of Productivity Analysis, Journal of Regional Science, Managerial Finance, Recherches
Economiques de Louvain, Review of Industrial Organization, Revue d’Economie Politique,
Revue Economique, Southern Economic Journal, World Development.
Teaching experience
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Banking Economics (Graduate and Post-Graduate Level)
Corporate Finance (Graduate and Post-Graduate level)
European Economics (Graduate Level)
Frontier Efficiency Techniques (Post-Graduate Level)
Economics of Transition (Graduate Level)
Macroeconomics (Undergraduate and Graduate Levels)
Microeconomics (Undergraduate Level)
In Université Robert Schuman (Strasbourg, France), Charles University (Prague, Czech
Republic), Solvay Business School (Bruxelles, Belgium), Université Aix-Marseille II (Aix-enProvence, France).
Other qualifications
Languages : fluent English, intermediate Czech, intermediate German, native French.