Camille Cornand
Directrice de Recherche (CNRS)
Dispersed and heterogeneous information, coordination, experimentation in macroeconomics and finance.
RECHERCHE EN COURS ▼
NEW
- Corgnet B., Cornand C. and Hanaki N. (2023), “Negative Tail events, emotions and risk taking”, accepted at Economic Journal.
- Cornand C., Erazo-Diaz M. A. and Zylbersztejn A. (2023), “Trading and Cognition in Asset Markets: An Eye-tracking
Experiment”, accepted at Journal of Economic Behavior and Organization.
- Cornand C., Dos Santos Ferreira R. (2021), “Central bank’s stabilization and communication policies when firms have motivated beliefs”, Working paper GATE 2021-18, R&R Economic Theory.
- Corgnet B., Cornand C., Hanaki N. (2021), “Risk-Taking and Tail Events Across Trading Institutions”, Working paper GATE 2021-17.
- Cornand C., Guillaumin C. and Idier J. (2022), “Macroprudential Policy : New Challenges”, Introduction to the Special Issue, International Economics, 172: 53-55.
PUBLICATIONS ▼
Article dans une revue
2024
- ref_biblio
- Brice Corgnet, Camille Cornand, Nobuyuki Hanaki. Negative Tail Events, Emotions and Risk Taking. The Economic Journal, 2024, 134 (658), pp.538-578. ⟨10.1093/ej/uead080⟩. ⟨hal-04228190⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Rodolphe Dos Santos Ferreira. Central bank's communication and stabilization policies under firms'motivated beliefs. Economic Theory, In press, ⟨10.1007/s00199-024-01598-1⟩. ⟨hal-04808798⟩
- Accès au texte intégral et bibtex
2023
- ref_biblio
- Camille Cornand, Maria Erazo Diaz, Adam Zylbersztejn. Trading and Cognition in Asset Markets: An Eye-tracking Experiment. Journal of Economic Behavior and Organization, 2023, 216, pp.711-732. ⟨hal-04693701⟩
- Accès au bibtex
2022
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- Lisa Bruttel, Muhammed Bulutay, Camille Cornand, Frank Heinemann, Adam Zylbersztejn. Measuring strategic-uncertainty attitudes. Experimental Economics, 2022, 26, pp.522-549. ⟨10.1007/s10683-022-09779-2⟩. ⟨hal-03759065⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Muhammed Bulutay, Camille Cornand, Adam Zylbersztejn. Learning to deal with repeated shocks under strategic complementarity: An experiment. Journal of Economic Behavior and Organization, 2022, 200, pp.1318-1343. ⟨10.1016/j.jebo.2020.05.023⟩. ⟨halshs-02895753⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Cyriac Guillaumin, Julien Idier. Macroprudential policy: New challenges. International Economics, 2022, 172, pp.53-55. ⟨10.1016/j.inteco.2022.08.006⟩. ⟨hal-03884402⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Paul Hubert. Information frictions in inflation expectations among five types of economic agents. European Economic Review, 2022, 146, pp.104175. ⟨10.2139/ssrn.3928619⟩. ⟨hal-03468918⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Monetary policy obeying the Taylor principle turns prices into strategic substitutes. Journal of Economic Behavior & Organization, 2022, 200, pp.1357-1371. ⟨10.1016/j.jebo.2019.10.022⟩. ⟨halshs-02354324⟩
- Accès au texte intégral et bibtex
2021
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- Romain Baeriswyl, Kene Boun My, Camille Cornand. Double overreaction in beauty-contests with information acquisition: theory and experiment. Journal of Monetary Economics, 2021, 118, pp.432-445. ⟨10.1016/j.jmoneco.2020.12.004⟩. ⟨hal-03468857⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Kene Boun My, Camille Cornand, Rodolphe dos Santos Ferreira. Public information and the concern for coordination. Journal of Behavioral and Experimental Economics, 2021, 93, 41 p. ⟨10.1016/j.socec.2021.101710⟩. ⟨hal-03468870v6⟩
- Accès au texte intégral et bibtex
2020
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- Camille Cornand, Rodolphe dos Santos Ferreira. Cooperation in a differentiated duopoly when information is dispersed: A beauty contest game with endogenous concern for coordination. Mathematical Social Sciences, 2020, 106, pp.101-111. ⟨10.1016/j.mathsocsci.2020.02.003⟩. ⟨halshs-02949201⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Paul Hubert. On the external validity of experimental inflation forecasts. Journal of Economic Dynamics and Control, 2020, 110, pp.103746. ⟨10.1016/j.jedc.2019.103746⟩. ⟨hal-02894262⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Rodolphe dos Santos Ferreira. The social value of information and the competition motive : price versus quantity games. Economic Theory, 2020, 70, pp.1101-1137. ⟨10.1007/s00199-019-01179-7⟩. ⟨halshs-02057890⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Paul Hubert. On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations. Journal of Economic Dynamics and Control, 2020, 110, pp.103746. ⟨halshs-01890770v2⟩
- Accès au texte intégral et bibtex
2019
- ref_biblio
- Camille Cornand, Romain Baeriswyl, Bruno Ziliotto. Observing and shaping the market: the dilemma of central banks. Journal of Money, Credit and Banking, 2019, ⟨10.1111/jmcb.12682⟩. ⟨hal-01644269⟩
- Accès au texte intégral et bibtex
2018
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- Romain Baeriswyl, Camille Cornand. The distortionary effect of monetary policy: credit expansion vs. lump-sum transfers in the lab. B.E. Journal of Macroeconomics, 2018, 18 (2), ⟨10.1515/bejm-2017-0037⟩. ⟨halshs-01653459⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Cheick Kader M’baye. Band or point inflation targeting? An experimental approach. Journal of Economic Interaction and Coordination, 2018, 13 (2), pp. 283-309. ⟨10.1007/s11403-016-0183-y⟩. ⟨halshs-01663661⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Cheick Kader M'Baye. Does inflation targeting matter? An experimental investigation. Macroeconomic Dynamics, 2018, 22 (2), pp. 362-401. ⟨halshs-01293709⟩
- Accès au bibtex
2017
- ref_biblio
- Kene Boun My, Camille Cornand, Rodolphe dos Santos Ferreira. Speculation Rather than Enterprise ? Keyness Beauty Contest Revisited in Theory and Experiment. SSRN : Social Science Research Network, 2017, 48 p. ⟨10.2139/ssrn.2929999⟩. ⟨hal-02510843⟩
- Accès au bibtex
2016
- ref_biblio
- Romain Baeriswyl, Camille Cornand. The predominant role of signal precision in experimental beauty contest. The B.E. Journal of Theoretical Economics, 2016, 16 (1), pp. 267-301. ⟨halshs-01236276⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Pauline Gandré, Céline Gimet. Increase in home bias in the Eurozone debt crisis: the role of domestic shocks. Economic Modelling, 2016, 53, pp.445-469. ⟨10.1016/j.econmod.2015.10.044⟩. ⟨halshs-01236055⟩
- Accès au bibtex
2015
- ref_biblio
- Camille Cornand, Frank Heinemann. Macro-expérimentation autour des fonctions des banques centrales. Revue Française d'Economie, 2015, XXX (2), pp. 59-103. ⟨halshs-01232455⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Limited higher order beliefs and the welfare effects of public information. Journal of Economic Studies, 2015, 42 (6), pp.1005-1028. ⟨10.1108/JES-08-2015-0142⟩. ⟨halshs-01232458⟩
- Accès au bibtex
2014
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- Jean-Pierre Allegret, Camille Cornand. Une analyse informationnelle de la crise financière récente. Revue Française d'Economie, 2014, 28, pp. 213-264. ⟨hal-01385915⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Romain Baeriswyl, Camille Cornand. Reducing overreaction to central banks disclosure: theory and experiment. Journal of the European Economic Association, 2014, 12 (4), pp. 1087-1126. ⟨10.1111/jeea.12077⟩. ⟨halshs-00940996⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Measuring agents' reaction to private and public information in games with strategic complementarities. Experimental Economics, 2014, 17 (1), pp. 61-77. ⟨10.1007/s10683-013-9357-9⟩. ⟨halshs-00811951⟩
- Accès au bibtex
2012
- ref_biblio
- Camille Cornand, Céline Gimet. The 2007-2008 financial crisis: Is there evidence of disaster myopia?. Emerging Markets Review, 2012, 13 (3), pp. 301-315. ⟨halshs-00617127⟩
- Accès au texte intégral et bibtex
2011
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- Romain Baeriswyl, Camille Cornand. Transparency and Monetary Policy Effectiveness. Annales d'Economie et de Statistique, 2011, 103-104, pp. 165-184. ⟨halshs-00651028v2⟩
- Accès au texte intégral et bibtex
2010
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- Romain Baeriswyl, Camille Cornand. Optimal Monetary Policy in Response to Supply Inflation : the Impact of Central Bank Communication. International Journal of Central Banking, 2010, 6 (2), pp. 31-52. ⟨halshs-01704183⟩
- Accès au bibtex
- ref_biblio
- Romain Baeriswyl, Camille Cornand. The signaling role of policy actions. Journal of Monetary Economics, 2010, 57 (6), pp.682-695. ⟨10.1016/j.jmoneco.2010.06.001⟩. ⟨halshs-01704165⟩
- Accès au bibtex
2009
- ref_biblio
- Camille Cornand, Frank Heinemann. Speculative Attacks with Multiple Sources of Public Information. Scandinavian Journal of Economics, 2009, 111 (1), pp.73-102. ⟨10.1111/j.1467-9442.2008.01555.x⟩. ⟨halshs-01704266⟩
- Accès au bibtex
2008
- ref_biblio
- Romain Baeriswyl, Camille Cornand. Politique monétaire et information hétérogène. Revue Française d'Economie, 2008, 23 (1), pp.117 - 163. ⟨10.3406/rfeco.2008.1662⟩. ⟨halshs-01819435⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand. Speculative Attacks and Informational Structure: an Experimental Study. Review of International Economics, 2008, 14 (5), pp.797-817. ⟨10.1111/j.1467-9396.2006.00608.x⟩. ⟨hal-00279185⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Optimal Degree of Public Information Dissemination. The Economic Journal, 2008, 118 (528), pp.718-742. ⟨10.1111/j.1468-0297.2008.02139.x⟩. ⟨hal-00279244⟩
- Accès au bibtex
2007
- ref_biblio
- Romain Baeriswyl, Camille Cornand. Politique monétaire inflationniste. Revue Economique, 2007, 58 (3), pp.661-670. ⟨10.3917/reco.583.0661⟩. ⟨hal-00279401⟩
- Accès au bibtex
2006
- ref_biblio
- Jean-Pierre Allegret, Camille Cornand. La politique de diffusion de l'information. Revue Française d'Economie, 2006, XXI (1), pp.87-126. ⟨halshs-00134574⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Jean-Pierre Allegret, Camille Cornand. The Pros and Cons of Higher Transparency: The Case of Speculative Attacks. Recherches Economiques de Louvain - Louvain economic review, 2006, 72 (3), pp.215-246. ⟨halshs-00137469⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Jean-Pierre Allegret, Camille Cornand. La politique de diffusion de l'information : La transparence des banques centrales est-elle toujours préférable?. Revue Française d'Economie, 2006, 21 (1), pp.87-126. ⟨10.3406/rfeco.2006.1590⟩. ⟨hal-00279383⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Publicité limitée de l'information et surréaction aux annonces lors des épisodes spéculatifs. Revue Economique, 2006, 57 (3), pp.399-405. ⟨10.3917/reco.573.0399⟩. ⟨hal-00279362⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Publicité limitée de l'information et sur-réaction aux annonces lors des épisodes spéculatifs. Revue Economique, 2006, 57 (3), pp.399-405. ⟨halshs-00137477⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand. Speculative Attack and Informational Structure: an Experimental Study. Review of International Economics, 2006, 14 (5), pp. 797-817. ⟨halshs-00360088⟩
- Accès au texte intégral et bibtex
2005
- ref_biblio
- Jean-Pierre Allegret, Camille Cornand. The Pros and Cons of Higher Transparency : The Case of Speculative Attacks. Recherches Economiques de Louvain - Louvain economic review, 2005, 72 (3), pp.215-246. ⟨10.3917/rel.723.0215⟩. ⟨hal-00279027⟩
- Accès au bibtex
2004
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- Camille Cornand. La coordination des acteurs lors d'une attaque spéculative. Revue d'économie politique, 2004, 114 (6), pp.793-820. ⟨hal-00279315⟩
- Accès au bibtex
- ref_biblio
- Camille Cornand. La coordination des acteurs lors d'une attaque spéculative : l'apport des jeux globaux. Revue d'économie politique, 2004, 114 (6), pp. 793-820. ⟨halshs-02285122⟩
- Accès au bibtex
Chapitre d'ouvrage
2019
- ref_biblio
- Camille Cornand, Frank Heinemann. Experiments in macroeconomics: methods and applications. Handbook of Research Methods and Applications in Experimental Economics, edited by A. Schram and A. Ule, Edward Elgar Publishing, pp.269-294, 2019. ⟨halshs-01809937⟩
- Accès au texte intégral et bibtex
- ref_biblio
- Camille Cornand, Frank Heinemann. Experiments on macroeconomics: methods and applications. Edited by Arthur Schram and Aljaž Ule. Handbook of Research Methods and Applications in Experimental Economics, Edward Elgar Publishing, pp. 269-294, 2019, ⟨10.4337/9781788110563⟩. ⟨halshs-01902045⟩
- Accès au bibtex
2017
- ref_biblio
- Camille Cornand. Appraising sticky prices, sticky information and limited higher order beliefs in light of experimental data. Heinemann, Frank; Klüh, Ulrich; Watzka, Sebastian. "Monetary Policy, Financial Crises, and the Macroeconomy", Festschrift for Gerhard Illing, Springer, VIII-351 p., 2017, 978-3-319-56260-5. ⟨halshs-01411512⟩
- Accès au bibtex
2008
- ref_biblio
- Camille Cornand. Liquidity Crises of Private Corporations in Emerging Economies and International Bankruptcy Rules. Otto Steiger. Property Economics : Property Rights, Creditor's Money and the Foundations of the Economy, Metropolis Verlag, 473 p., 2008, 978-3895184826. ⟨hal-00279485⟩
- Accès au bibtex
CV
ENSEIGNEMENTS ▼
Teaching
Méthodologie de la recherche, M1, Université de Saint-Etienne, 2022-2023.
Ph-D thesis supervision
- Alexandre Angelloz-Nicoud, “Quantitative easing et inflation faible : une remise en cause de la théorie quantitative de la monnaie ?” (co-supervision with S. Lotz), Lyon 2 University, since September 2021 ; allocataire normalien.
- Maria Alejandra Erazo, “Essays on strategic uncertainty aversion” (co-supervision with A. Zylbersztejn, University of Lyon), University of Lyon and CNRS ; since November 2019 ; funded by the ASUR project.
- Gaëtan Le Quang, “An analysis of banking regulation by the market after the crisis” (co-supervision with L. Scialom, Paris Ouest University), Paris Ouest University, 2016-2019 ; Assistant Professor IUT Lyon 2.
- Pauline Gandré, “Three Essays on the Role of Expectations during the Recent Economic Turmoil”, ENS de Lyon, 2012-2016 ; Assistant Professor Paris Ouest Nanterre.
- Cheick Mbaye, “Theoretical and Empirical Essays on Inflation Targeting and Central Bank Transparency” (co-supervision with J.-P. Allegret, Paris Ouest University) ; Lyon 2 University, 2009-2013 ; Economist at African Management Institute, Mali.
- Ummad Mazhar, “Essays in the Political Economy of Inflation” (co-supervision with P.-G. Méon, ULB) ; Strasbourg University, 2009-2012 ; Associate Professor at Beaconhouse National University, Pakistan.
Participation to Ph-D theses’ defence
Shan Roux Hu, Université de Franche-Comté, 2020 (referee) ; Florian Pradines-Jobet, Orleans University, 2019 ; Marine Charlotte André, Strasbourg University, 2018 (referee) ; Han Zhou, Lyon 2 University, 2018 (president) ; Nicolas Scholtes, Namur University, 2018 (referee) ; Olga Kuznetsova, Paris Saclay, 2017 (referee) ; Julien Trouillet, Paris Dauphine, 2017 (referee) ; Fatemeh Mokhtarzadeh, Department of Economics, Simon Fraser University, Canada, 2016 (external examiner) ; Tomasz Orpiszewski, Paris Dauphine University, 2015 (referee) ; Louis Raffestin, Bordeaux University, 2015 (referee) ; Hamza Bennani, Lille University, 2014 (referee) ; Wafa Aidi, Toulon University, 2014 (referee) ; Paul Hubert, Sc. Po. Paris – OFCE, 2010 (referee).
Participation as referee to habilitation theses’ defence
Sébastien Duchêne, Montpellier University, 2021 ; Brice Corgnet, Lyon 2 University, 2018 ; Cristina Badarau, Rennes University, 2015 ; Céline Poilly, Lyon 2 University, 2014 ; Cornel Oros, Poitiers University, 2014.
RESPONSABILITES INSTITUTIONNELLES ▼
- Member of the National Committee of Scientific Research (CoNRS Section 37), since 2021.
- Sustainable Development Officer at GATE, since 2021.
- Member of the Research Ethic Committee of the University of Lyon, since 2020.
Research programm coordinator
- Coordinator (French part) of the joint French-German ANR (Agence Nationale pour la Recherche) – DFG (Deutsche Forschungs Gemeinschaft) ASUR project (Aversion to Strategic Uncertainty : Measurement and policy Implications), 2019-2023 (176 000 euros for the French team ; German coordinator : F. Heinemann).
- Coordinator (French part) of the joint French-German ANR (Agence Nationale pour la Recherche) – DFG (Deutsche Forschungs Gemeinschaft) StabEx project (Stabilizing Macroeconomic Shocks : Experiments on the Interaction between Central Bank and Private Sector), 2013-2017 (49 000 euros for the French team ; German coordinator : F. Heinemann).
- Coordinator (French part) of the joint French-German ANR-DFG MPICK project (Monetary Policy under Imperfect Common Knowledge), 2008-2012 (43 000 euros for the French team ; German coordinator : F. Heinemann).
Organization of conferences and workshops
- Organizer (with J. Albertini) of the Workshop “Heterogeneity”, Lyon, December 19-20, 2019.
- Organizer (with N. Marchand) of the Macrofi doctoral days, Lyon, April 4-5, 2019.
- Member of the scientific committee of the Congress of the French Economic Association (Association Française de Science Economique), 2018.
- Member of the Program Committee of the conference “Cliometry and complexity”, IXXI, ENS Lyon, 2018.
- Member of the scientific committee of the Congress of the French Economic Association (Association Française de Science Economique), Nice, 2017.
- Member of the scientific committee of the conference INFER, Bordeaux, June 2017.
- Member of the scientific committee of the Congress of the French Economic Association (Association Française de Science Economique), Nancy, 2016.
- Member of the Program Committee of the conference “Cliometry and complexity”, IXXI, ENS Lyon, 2016.
- Member of the Program Committee of the Congress of the French Economic Association (Association Française de Science Economique), Rennes, 2015.
- Member of the Scientific Committee and Program Committee of the Congress of the French Economic Association (Association Française de Science Economique), Lyon, 2014.
- Organizer (with F. Heinemann) of the workshop ‘Experiments in monetary policy’, GATE, Lyon, November 5-6, 2014.
- Member of the scientific committee of the INFER workshop in international economics, Bordeaux, 2014.
- Member of the organization committee and scientific committee of the congress of the French Experimental Economics Association (Association Française d’Economie Expérimentale), Lyon, 2013.
- Organizer (with A. Eyquem and F. Le Grand) of the Conference Theory and Methods in Macroeconomics, Lyon, 2013.
- Organizer (with A. Eyquem) of the Macrofi doctoral days, Lyon, 2013.
- Member of the Program Committee of the Congress of the French Economic Association (Association Française de Science Economique), Paris, 2012.
- Local coordinator of the Macrofi doctoral days, since 2012.
- Organizer of the workshop ‘Cycles and Crises’, Pôle Européen de Gestion et d’Economie, BETA, Université Louis Pasteur, Strasbourg, 2008.
- Member of the Program Committee of the Congress of the French Economic Association (Association Française de Science Economique), Paris, 2006.
RESPONSABILITES EDITORIALES ▼
Frontiers in Behavioral Economics, Associate editor, since 2022.