Publications: Évaluation des performances et des risques ESG à long terme

2024

Gollier C., (2024), "The welfare cost of ignoring the beta", Journal of Political Economy: Microeconomics, forthcoming

Gollier C., (2024), "Evaluating sustainability actions under uncertainty: The role of improbable extreme scenarios", The Geneva Risk and Insurance Review, vol.49, pp. 59-74, mars

2023

Brière M., Huynh K., Laudy O. et Pouget S.,(2023), "Stock market reaction to news: Do tense and horizon matter?", Finance Research Letters, vol. 58, Part D, décembre

Crifo P., (2023), "Normes ESG et transition juste: comment prendre en compte simultanément les enjeux environnementaux et sociaux?", Revue Servir, vol. 520, pp. 16-20, février-mars

Cherbonnier F. et Gollier C., (2023), "Fixing our public discounting systems", Annual Review of Financial Economics, vol. 15, pp. 147-164

Gollier C., Van der Ploeg F. et Zheng J., (2023), "The discounting premium puzzle: Survey evidence from professional economists", Journal of Environmental Economics and Management, vol. 122, octobre

Bianchi M., Liu Z. et Wang G., (2023), "Who Becomes a Green Investor? Life-time Experiences and Responsible Investment", working paper

Cherbonnier F., Gollier C. et Pommeret A, (2023), "Stress discounting", working paper

Crifo P., Durand R., Fangwa A., Gond, et Slager CR, (2023), "Green and Solidarity Finance labels: a qualitative comparative analysis", working paper

Delaere F., Moinas S. et Pouget S., (2023), "Integrating health impacts in corporate decision-making tools: A case study on sugar in the Food and Beverage Industry", working paper

Gollier C. et Kihlstrom R.E, (2023),  "Recursive asset pricing with non recursive preferences", working paper

2022

Arjalies DL, Chollet P., Crifo P. et Mottis N., (2022),  "The Motivations and Practices of Impact Assessment in Sociallly Responsible Investing: The French Case and its Implications for the Accounting and impact Investing Communities", Social and Environmental Accountability Journal, vol. 43(1), pp. 1-29, février

Crifo P., (2022), "La promesse des labels de la finance verte".  dans Le virus de la recherche - Transition environnementale ebook Presses Universitaires de Grenoble, juin

2021

Gollier C., (2021), "A general theory of risk apportionment", Journal of Economic Theory, vol. 192, mars

Moinas S. et Rossetto S., (2021), "Sustainable policies and firms' economic/financial performance", working paper

2020

Andries, M. et N. Boyarchenko, (2020), "Ambiguous Trade-offs: An Application to Climate Change", working paper.

Casamatta C. et Pouget S., (2020), "Fund managers' Contracts and Financial Markets' Short-termism", working paper

Crifo P., Durand R. et Gond JP., (2020), "Le rôle des labels dans la finance verte: construction et régulation d'un marché des labels en France", Revue d'Economie Financière, vol. 138(2), pp. 209-223

Crifo P., Kervinio Y. et Quinet E., (2020), "L'intégration des impacts environnementaux dans l'évaluation des investissements privés", Transitions, pp. 76-83

Gollier C., (2020), "Aversion to risk of regret and preference for positively skewed risks", Economic Theory, vol. 70, pp. 913-941

2019

Andries, M., T. M. Eisenbach et M. C. Schmalz, (2019), "Horizon-Dependent Risk Aversion and the Timing and Pricing of Uncertainty", working paper, selected in FRB of New York 

Crifo P., R. Durand et J.P. Gond, (2019), "Encouraging Investors to Enable Corporate Sustainability Transitions: The Case of Responsible Investment in France", Organization & Environment, vol. 32(2), pp. 125-144.

Capelle-Blancard G., P. Crifo, MA. Diaye, R. Oueghlissi et B. Scholtens, (2019), "Environmental, Social and Governance (ESG) performance and sovereign bond spreads: an empirical analysis of OECD countries", Journal of Banking and Finance, vol. 98, pp. 156-169, janvier

Louche C., T. Busch, P. Crifo, et A. Markus, (2019), "Financial Markets and the Transition to a Low-Carbon Economy: Challenging the Dominant Logics", Organization & Environment, vol. 32, n° 1, pp. 3–17, février

Mottis N., D.L. Arjalies, P. Crifo et V. Bouchet, (2019), "Mesure d’Impact et Investissement Socialement Responsable", working paper.

Arjalies DL., P. Chollet, P. Crifo et N. Mottis, (2019), "Myth and Reality of Impact Assessment in the Investment Industry", working paper.

Gollier, C., (2019), "Valuation of natural capital under uncertain substitutability", Journal of Environmental Economics and Management, vol. 94, pp. 54-66.

Gollier, C., (2019), Le climat après la fin du mois, PUF, mai

Jaballah, J. et S. Pouget, (2019), "Facteurs Environnementaux, Sociaux et de Gouvernance et performance des petites et moyennes entreprises cotées", working paper.

Le Bris D., W. Goetzmann et S. Pouget, (2019), "The present value relation over six centuries: The case of the Bazacle company", Journal of Financial Economics, vol. 132, n°1, pp. 248-265, avril

2018

Capelle-Blancard G., Crifo P., Diaye MA., Oueghlissi R. et B. Scholtens, (2018), "Environmental, Social and Governance (ESG) performance and sovereign bond spreads: an empirical analysis of OECD countries", Journal of Banking and Finance

Gollier, C. et Kimball M. (2018), "Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions", IDEI Working Paper 884

Jaballah, J., et S. Pouget (2018), "Family and employee ownership in small and mid caps: Impact on financial and extra-financial performance", working paper

2017

Crifo P., Diaye MA. et R. Oueghlissi, (2017), "Measuring the effect of government ESG performance on sovereign borrowing cost", Quarterly Review of Economics and Finance, vol. 66, pp. 13-20.

Jaballah, J. et S. Pouget, (2017), "Facteurs ESG et performance des Petites et Moyennes Capitalisations", Edmond de Rothschild asset Management, Les Chroniques de l’ISR.

Lyon T, Delmas M, Maxwell J, Bansal T, Chiroleu-Assouline M, Crifo P, Durand R , Gond JP, King A, Lenox M, Toeffel M, Vogel D et F. Wijen, (2018), "CSR Needs CPR: Corporate Sustainability and Politics", California Management Review.

2016

Crifo P., Diaye MA. et S. Pekovic, (2016), "CSR related management practices and Firm Performance: An Empirical Analysis of the Quantity-Quality Trade-off on French Data", International Journal of Production Economics. vol. 171(3), pp. 405-416.

Benhamou S., Diaye MA. et P. Crifo, (2016), "RSE et compétitivité. Evaluation et approche stratégique", Etude France Stratégie, 150 pages.

2015

Cavaco S. et P. Crifo, (2015), "RSE et performance", IRES, Etude CFE CGC.

Crifo P. et V. Forget, (2015), "The Economics of Corporate Social Responsibility: A Firm Level Perspective Survey", Journal of Economic Surveys, vol. 29(1), pp. 112–130.

Crifo P. et V. Forget, (2015), "Capital Investissement et enjeux ESG", Analyse Financière n° 56, pp. 46-48, juillet-août sept

Gollier, C. et J. Tirole, (2015), Negotiating effective institutions against climate change”, Economics of Energy and Environmental Policy, vol. 4(2), pp. 5–27.

2014

Crifo P., Diaye MA. et R. Oueghlissi, (2014), “Measuring the effect of government ESG performance on sovereign borrowing cost”, Cahiers de Recherche n° 2014-16, Département d’Economie de l’Ecole Polytechnique.

Gollier, C. et J.K. Hammitt, (2014), "The long run discount rate controversy", Annual Review of Resources Economics, vol. 6, pp. 273-295.

2012

Gollier, C. (2012), "The debate on discounting: Reconciling positivists and ethicists", Chicago Journal of International Law, vol. 13(2), pp. 551-566.

Gollier, C. (2012), "Actualisation et développement durable: en faisons-nous assez pour les générations futures?", Annales d'Economie et de Statistique, Hors Série n°1, pp. 57-96.

Gollier, C. (2012), "Finance durable et investissement responsable", Regards Economiques, n°99, pp. 7-19.

Gollier, C. (2012), "Sommes-nous trop égoïstes ou trop généreux envers les générations futures?", Reflets et perspectives de la vie économique, vol. 51, pp. 67-76.

Gollier, C. (2012), "Evaluation of long-dated investments under uncertain growth trend, volatility and catastrophes," IDEI Working Papers, 754, revision Sept 2015.

Gollier, C. (2013), "Asset Pricing with Uncertain Betas: A Long-Term Perspective", CESifo Working Paper Series No. 4072.

Gollier, C. (2012), "Pricing the Planet’s Future: The Economics of Discounting in an Uncertain World", Princeton University Press, Pinceton (NJ).

Courbage C, N. Treich et B. Rey (2011), "Prevention and precaution", The Handbook of Insurance Economics, pp. 185-204