Courses taught

MBA / MSc in Financial Economics: Derivatives.
MSc in Financial Economics: Continuous Time Finance.
MBA / MSc in Financial Economics: Financial Risk Management.

Expertise

International finance.
Monetary policy and debt finance.   

Information and financial markets.
Strategic market games.

Overview

Celine Rochon joined the Said Business School as a University Lecturer in Finance in 2005.  She is a Fellow of Oriel College. She completed a BSc and an MSc in Mathematics at the University of Ottawa (Canada), and a PhD in Economics at the Université Catholique de Louvain (Belgium). She has been Assistant Professor in Economics at the Université de Cergy Pontoise (France) between 2001 and 2005. 

Research interests

Celine Rochon's research focuses on monetary policy (stability and efficiency issues), international finance and macroeconomics (speculative attacks, banking crises)  and information and financial markets  (conformism and reputation issues, lender-borrower relationships). She also works on a dynamic general equilibrium model in which such issues as debt finance and government finance are studied.

Journal articles:

Desgranges, G. and Rochon, C.,  'Conformism and public news', Economic Theory, Forthcoming.

Chamley, C. and Rochon, C.,   'From search to match: when loan contracts are too long', Journal of Money, Credit and Banking 43, pp 385-411, 2011.

Lipschitz, L., Rochon, C. and Verdier, G., 'A real model of transitional growth and competitiveness in China', Journal of Asian Economics 22(4), pp 267-283, 2011.

Feltenstein, A., Rochon, C. and Shamloo, M., ‘High growth and low consumption in East Asia: How to improve welfare while avoiding financial failures', Journal of Development Economics 91, pp 25-36, 2010.

Feltenstein, A. and Rochon, C.,  'Can good events lead to bad outcomes? Endogenous banking crises and fiscal policy responses', Journal of Asian Economics 20, pp 396-409, 2009.

Rochon, C.,  ‘Devaluation without common knowledge', Journal of International Economics 70, pp 470-489, 2006.

Polemarchakis, H. and Rochon, C.,  'Debt, liquidity and dynamics', Economic Theory 27, pp 179-211, 2006.

Giraud, G. and Rochon, C.,  'Generic efficiency and collusion-proofness in exchange economies', Social Choice and Welfare 20, pp 405-428, 2003.

Giraud, G. and Rochon, C.,  'Consistent collusion-proofness and correlation in exchange economies', Journal of Mathematical Economics 38, pp 441-463, 2002.

Lobefalo, G., Marchand, N., Peeters, L., Rochon, C.,  Scaillet, O.,Thoen, V., Van De Voorde, J., Van Rossum, D., 'Analyse empirique de la théorie des anticipations de la structure par terme des taux d'intérêt', Service d'analyse économique, 1997.

Working papers:

Giraud, G. and Rochon, C., Out-of-equilibrium dynamics of international trades with risk-neutral expectations.

Giraud, G., Rochon, C. and Tsomocos, D., Debt and monetary policy neutrality, indeterminacy and government finance in a Walrasian dynamics without rational expectations.

Giraud, G. and Rochon, C., On the failure of Say’s law in a Walrasian dynamics with non-convex production and myopia.

Giraud, G. and Rochon, C.,  Optimal endogenous growth and uniqueness in a Walrasian dynamics with non-convex production and myopia.