The International Economics, History and Finance (IHEF) program mobilises theoretical and empirical tools to research international economics’ fundamental, financial and historical dimensions. The programme focuses on the challenges of the globalisation of economic and financial activities their causes and consequences, particularly in crises. It also considers the possibilities of recompositions of the economic space, notably by mobilising past historical experiences.
More specifically, the team studies the structural factors that explain international trade flows by mobilising various sources of heterogeneity (countries, firms, sectors, products, regions). It also examines the factors that explain capital flows. In addition, it analyses banking and financial risks, the modalities of prudential regulation, and their consequences on banking intermediation, as well as the transmission of monetary policy on prices and households. Finally, it focuses on the behaviour and structure of financial markets and the different commodity chains.
The originality of the work lies in the plurality of the methodological tools used, coming from both theoretical economics (macroeconomic modelling, DSGE, etc.) and applied economics (micro- and macro-econometrics, financial econometrics, gravity model, etc.), but also in the diversity of the databases used (historical data, firms, households, banking, and financial data, etc.).
Moreover, this work applies to both industrialised and emerging countries. While the team wishes to deepen the traditional issues of this field of analysis, it also takes on new issues such as the market and price of wine, the wood industry, the resilience of territories, financial analysts, and the production of information…
The programme brings together 20 researchers and tenured and emeritus teacher-researchers and some twenty doctoral students.
The team is integrated into French (GDRE Monnaie Banque Finance, AFSE, CHEFF…) and international (AAWE, EuAWE, INFER…) networks. It also maintains close relations with practitioners in banking, finance, trade, wine, timber and commodities.
The keywords of our research
– Financing – International trade – Financial markets
– Monetary policy – Emerging countries – Prudential policy
– Wine – Competitiveness – Chinese currency
– Banking regulation – Commodities – Risk
– Structural change – International banks – History of globalisation