The Toll of Tariffs: Protectionism, Education and Fertility in Late 19th century France, with Cecilia Garcia-Peñalosa (Aix-Marseille university), accepted Journal of Economic Growth
Media coverage: The Economist Le Monde
Eligibility to the Central Bank in Times of Crises: Evidence from France, 1863-1890, with Clemens Jobst. forthcoming Journal of Economic History March 2026
Media coverage: Reuters Voxeu Les Echos
Banque de France WP CEPR DP 11637 ECB working paper Final version
The Failure of a Clearinghouse: Empirical Evidence, with Guillaume Vuillemey (HEC Paris), Review of finance 24(1), p. 99-128, February 2020
Winner of the 2017 best paper award of the European Capital Market Institute
Media coverage: Oxford Business Law Blog Vox.Eu
Latest version CEPR DP 11630 BoF working paper
Monetary Union with and without Banking Union, with Régis Breton and Mariana Rojas Breu, International Economic Review 60(2), p. 965-1003, May 2019.
Illiquid Collateral and Bank Lending during the European Sovereign Debt Crisis, with Jean Barthélemy and Benoit Nguyen, Economics and Statistics 495-496, p. 111-30, October 2017.
Working paper. Published version
Coin Assaying and Commodity Money, with Richard Dutu, Macroeconomic Dynamics 21(6), p. 1305-35, September 2017.
Journal's website BoF working paper Paper
Stealing to Survive? Crime and Income Shocks in 19th Century France, with Eve Caroli and Roberto Galbiati, Economic Journal 127(599), p. 19-49, February 2017.
Media: Le Monde BlogThe Long Run New Scientist
Journal's website IZA working paper
Big Push or Big Grab? Railways, Government Activism and Export Growth in Latin America, 1865 - 1913, with Rui Esteves and Alfonso Herranz-Loncán Economic History Review 68(4), p. 1277-1305, November 2015.
Media: Lettre des études BdF
Journal's website BoF Working paper
The Price of Media Capture, 1913-1939, with Marc Flandreau, Journal of Economic History 74(3), p. 799-830, September 2014.
Journal's website Published version CEPR working paper Graduate Institute Working Paper
L. Walras and C. Menger: two ways on the path of modern monetary theory, with Andrés Alvarez, European Journal of the History of Economic Thought 20(1), p. 89-124, March 2013
Journal's website EconomiX working paper Journal link
Bagehot for beginners: The Making of Lending of Last Resort Operations in the Mid-19th Century, 2012, with Marc Flandreau and Stefano Ugolini, Economic History Review 65(2), p. 580-608, May 2012.
Journal's website Norges bank working paper Paper
The Economics of Badmouthing: Libel Law and the Underworld of the Financial Press in France Before World War I, joint with Marc Flandreau, The Journal of Economic History 71(3), p. 616-653, September 2011.
Journal's website Working paper (with appendix) Data Published version
Media Bias in Financial Newspapers: Evidence from Early 20th Century France, joint with Antonio Miscio. European Review of Economic History 14(3). p. 383-432, December 2010.