Post-doctoral recruitment subjects 201715 subjects are proposed for the recruitment in 2017

Subject 1 : Behaviour and reference point in front of the risks

We will focus on the study of the reference point and its impact on risky decisions. This can be developed with various data (experimental economics, financial data, stylized facts ...). The candidate will propose a project on this topic: it will require a very good knowledge of behavioral economics.

The recruitment will begin the 1st of september 2017

Pré-requisite : PhD in economics

Host laboratory: GRANEM, University of Angers

 Subject 2 : Numerical methods for non-linear dynamic models. Applications: the estimation of DSGE models with ZLB constraint.

Host laboratory: GAINS, Le Mans University.

 Subject 3 : Modèles chronologiques à coefficients aléatoires dans la gestion du risque.

Host laboratory: LAREMA, University of Angers

 Subject 4 : Etude et estimations dans des modèles à changement de régimes.

Host laboratory: LAREMA, University of Angers

 Subject 5 : Étude de risque de placement pour des compagnies d’assurances.

Host laboratory: LAREMA, University of Angers

 Subject 6 : Processus de Lévy et processus auto-similaires dans le modélisation du risque.

Host laboratory: LAREMA, University of Angers

 Subject 7 : Fonctionnelles exponentielles et la gestion du risque de placement.

Host laboratory: LAREMA, University of Angers

 Subject 8 :Méthodes numériques probabilistes dans l’évaluation du risque.

Host laboratory: LAREMA, University of Angers

Subject 9 : Statistique en grande dimension appliquée au traitement  du risque

Host laboratory: LAREMA, University of Angers

Subject 10: Behavioral analysis of non-accredited investors on ECF platforms.

ECF platforms allow non-accredited investors to become shareholders of young innovative firms, besides professional investors (Business angels and/or Venture capitalists) or not. To invest in seed or early stage projects on ECF platforms involves to be able to decide under uncertainty (Knight). Frequently, such projects can be considered as opaque. Investors have to decide within a context of large information asymmetry or lack of knowledge. Then, are individual investors characterized by a low level of risk aversion (Arrow and Pratt)? Of loss aversion (Kahneman and Tversky)? Of ambiguity aversion (Frisch and Baron)? Overconfidence (Benos and Odean)? The aim is to analyse non-accredited investors’ behavior on these platforms within different contexts and countries. This involves building data basis of investors within the investment model of each platform.

Pré-requisite: Behavioral finance – Econometric analysis

Host laboratory: Granem, University of Angers

Subject 11: Modelling and forecasting volatility

Host laboratory: Audencia, Nantes

Subject 12: Effects of jumps and outliers on VaR forecasting

Host laboratory: LEMNA, University of Nantes

Subject 13: Monetary policy spilovers, and the impact of behavioral finance in financial crises

 The postdoc will work on a study that attempts for the first time to capture the global effect of Fed's unconventional monetary policy stance during the financial crisis on investors' expectations. More specifically, we will employ variables which proxy for sentiment in order to capture the investors' expectations and consumer optimism and pessimism in six advanced economies: the United States, euro area, Japan, Sweden, Switzerland and the United Kingdom; nine emerging economies in Asia: China, Hong Kong SAR, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, and Thailand; four economies in Latin America: Argentina, Chile, Brazil, and Mexico; three emerging European economies: Czech Republic, Poland and Russia. A better understanding of the monetary policy spillovers associated with QE measures may help policymakers to cope with the challenges posed by such policies and to assess the need for international policy coordination. 

Pré-requisite: Skills in applied econometrics, good knowledge in Matlab, Eviews, EIKON-Datastream, Bloomberg, english language. Furtheromore the ideal candidate would have some prior work in teachign and researrch (Ideally published in international refereed journals of high standing) in the area of monetary policy and behavioral finance.

Host laboratory: Audencia R’n’B Lab

Subject 14: The impact of news on financial markets – A High-frequency analysis

Pré-requisite: Phd Economics, Finance ; skills in programming.

 Host laboratory: LEMNA, University of Nantes

Subject 15: The real impact of the European Central Bank purchase programmes

The project aims at assessing the impact of the monetary policy pursued by the European Central Bank through the different asset purchase programmes on European companies. The ECB monetary measures have been mainly directed at restoring bank liquidity in order to facilitate bank financing to individuals and non-financial firms. We investigate: 1) to what extent those measures have been successful in relieving financial constraints on European companies and, 2) if the measures have proven successful, to what extent companies have used such liquidity in a virtuous way, i.e. to increase investments as opposed to hoarding cash; 3) which companies have benefited most from the ECB asset purchase programmes. The study has important policy implications for providing a better understanding of the effectiveness of the ECB monetary policy.  

The postdoc will be involved jointly with the project coordinator in all steps of the project : Data collection, data analysis, drafting of the paper.

 Pré-requisite: Ph.D in economics or finance recently completed or to be soon completed (2016 / 2017), fluency in English, solid econometric skills (panel data and instrumental variables), excellent knowledge of Stata, knowledge of Bloomberg. The ideal candidate must have completed at least one empirical working paper in the areas of financial economics or finance (link to the paper to be provided in the application).

Host laboratory: Audencia R’n’B Lab


The application, including the usual supporting documents such as :

  •  CV
  •  University transcripts
  •  short research statement
  •  two academic references
  •  copy of the PhD thesis and/ or academic papers

should be sent before 10/07/2017 to :

postdoc-panorisk @