Paris December 2021

Thursday, 16 December, 2021 - 13:30 to 19:30



The 19th edition of the Paris December Finance Meeting will be held online on December 16, 2021. The conference is organized by EUROFIDAI (European Financial Data Institute) and ESSEC Business School.

A special prize for the Best Paper of the Meeting will be awarded.

In 2021, a number of 481 papers were submitted for presentation at the meeting and only one out of 6 papers was accepted, indicating rigorous selection criteria

The Paris December Finance Meeting is one of the top 2 European conferences in terms of selectivity and the quality of the papers presented.

An international reach

In 2020, the submissions were received from :

the U.S. (90), France (68), Germany (54), the U.K. (29), Canada (25), Switzerland (23), the Netherlands (16), Austria (9), China (8), Italy (8), Sweden (7), Hong-Kong (7), Norway (7), Denmark (7), Spain (7), Belgium (5), Finland (5), Russian Federation (4), Japan (3), Ireland (2), Singapore (2), Cyprus (2), Luxembourg (2), Chile (2), Mexico (2), Portugal (1), Turkey (1), Vietnam (1), India (1), Kazakhstan (1), Pakistan (1).


Our sponsors




  • Co-President : Patrice Fontaine (EUROFIDAI, CNRS)
  • Co-President : Jocelyn Martel (ESSEC Business School)

2021 Scientific committee :


Yacine Ait-Sahalia

Nihat Aktas

Hervé Alexandre

Charles-Olivier Amédée-Manesme

Patrick Augustin

Laurent Bach

Anne Balter

Romain Boulland

Marie Brière

Marie-Hélène Broihanne

Catherine Casamatta

Georgy Chabakauri

Jean-Edouard Colliard

Pierre Collin-Dufresne

Ian Cooper

Ettore Croci

Serge Darolles

Matt Darst

Eric de Bodt

François Degeorge

Olivier Dessaint

Alberta Di Giuli

Christian Dorion

Mathias Efing

Ruediger Fahlenbrach

Felix Fattinger

Patrice Fontaine

Pascal François

Andras Fulop

Jean-François Gajewski

Edith Ginglinger

Peter Gruber

Alex Guembel

Harald Hau

Georges Hübner

Julien Hugonnier

Heiko Jacobs

Sonia Jimenez

Alexandros Kostakis

Hugues Langlois

Olivier Lecourtois

Jongsub Lee

Laurence Lescourret

Abraham Lioui

Elisa Luciano

Yannick Malevergne

Roberto Marfé

Jocelyn Martel

Maxime Merli

Sophie Moinas

Lorenzo Naranjo

Lars Norden

Clemens Otto

Loriana Pelizzon

Fabricio Perez

Christophe Pérignon

Joël Petey

Ludovic Phalippou

Alberto Plazzi

Sébastien Pouget

Sofia Ramos

Jean-Paul Renne

Tristan Roger

Jeroen Rombouts

Guillaume Rousselet

Julien Sauvagnat

Olivier Scaillet

Mark Seasholes

Paolo Sodini

Christophe Spaenjers

Ariane Szafarz

Roméo Tédongap

Erik Theissen

Michael Troege

Boris Vallée

Philip Valta

Guillaume Vuillemey

Ryan Williams

Rafal Wojakowski

Alminas Zaldokas

Olivier-David Zerbib

Marius Zoican

Princeton University

WHU Otto Beisheim School of Management 

Université Paris Dauphine

Université de Laval à Québec

McGill University

ESSEC Business School

Tilburg University

ESSEC Business School

Amundi, Université Paris Dauphine, Université Libre de Bruxelles

Université de Strasbourg

TSE & IEA, Université de Toulouse 1 Capitole

London School of Economics

HEC Paris


London Business School

Universita Cattolica del Sacro Cuore

University Paris-Dauphine

Board of Governors of the Federal Reserve 

Université de Lille

University of Lugano


ESCP Europe

HEC Montréal

HEC Paris


WU Vienna University of Economic and Business


HEC Montréal

ESSEC Business School

IAE Lyon

Université Paris-Dauphine

University of Lugano

Toulouse School of Economics

University of Geneva - Swiss Finance Institute

HEC Liège


University of Duisburg-Essen

Grenoble INP

University of Liverpool

HEC Paris

EM Lyon

Seoul National University

ESSEC Business School


Collegio Carlo Alberto

Université de Paris 1 Panthéon-Assas

Collegio Carlo Alberto

ESSEC Business School

Université de Strasbourg

Toulouse School of Economics

University of Miami


Singapore Management University

Goethe University

Wilfrid Laurier University

HEC Paris

Université de Strasbourg

Oxford University

University of Lugano & SFI

Toulouse School of Economics

ESSEC Business School

HEC Lausanne

Université Paris 9 Dauphine

ESSEC Business School

McGill University

Bocconi University

University of Geneva & SFI

Arizona University

Stockholm School of Economics

HEC Paris

Université Libre de Bruxelles

ESSEC Business School

University of Mannheim

ESCP Europe

Harvard Business School

University of Bern

HEC Paris


Surrey Business School


Boston University

University of Toronto



Call for papers

In spite of the uncertainty surrounding the Covid-19 virus, the organizing committee of the Paris December Finance Meeting plans to hold in-person its 19th edition in downtown Paris (Novotel Paris Les Halles) on December 16, 2021. The conference is organized by EUROFIDAI (European Financial Data Institute) and ESSEC Business School. Confirmation of the in-person conference will be communicated at the end of August 2021 depending on the evolution of the sanitary conditions. The conference will be held online again this year if the international situation was to remain critical.

The conference is jointly sponsored by Amundi / Ardian / BEDOFIH / CDC Institute for Economic Research / CERESSEC / Chaire Fintech (Paris Dauphine) / «Regulation and Systemic Risk» ACPR Chair. 

All researchers are invited to present in English their latest research in all areas of finance and insurance. Job market and PhD papers are welcomed.

In recent years, one in six submitted papers was accepted. The Paris December Finance Meeting is one of the top 2 European conferences in terms of selectivity and the quality of the papers presented. 

Prizes will be awarded for the best conference paper and for the best paper using EUROFIDAI data.


Only on-line submissions will be considered for the 2021 Paris December Finance Meeting. Before filling the application form, authors should read the following instructions:

Prepare 2 files in pdf format: 

  • An anonymous version of the paper (the complete paper without the name(s) of the author(s), the acknowledgements and any indication of author’s affiliation) 
  • A complete version of the paper including the following information: title, name(s) of the author(s), abstract, keywords, email address for each author, complete address(es)
  • The abstract you will fill in the submission form should not exceed 150 words.
  • To complete your submission you will have to classify your paper using 3 keywords among the following : Asset Pricing, Banking Regulation and Systemic Risk, Banking/Financial Intermediation, Bankruptcy, Behavioral Finance, Capital Structure, Corporate Finance, Corporate Governance, Derivatives, Entrepreneurial Finance, Ethical Finance, Financial Analyst, Financial Crisis, Financial Econometrics, Financial Mathematics, Financial Risks, FinTech and Cryptocurrencies, Hedge Funds/Mutual Funds, Historical Finance, Insurance, Interest Rates, International Finance, Investment Policy/Capital Budgeting, Market Microstructure/Liquidity, Merger and Acquisition, Ownership, Payout Policy, Portfolio Management, Private Equity/Venture Capital, Product Market Relationships, Real Estate, Risk Management, Security Issuance/IPO. The keywords will determine the field in which your paper will be refereed by the scientific committee. 

The submission fees for each paper is 45€. 

Click on the "Submission" tab to access online submissions.


Papers must be submitted on-line by June 4, 2021


Accepted papers will be posted on the Financial Economic Network (SSRN) and the website of the conference.




DEADLINE: Papers must be submitted on-line by June 4, 2021


Program online

The online program is NOW ACTIVATED and only accessible to conference registrants.

Please make sure you use the correct username to identify.
Please open each session to visualize each ZOOM LINK (one zoom link per session).



You must be logged in to access this information


The program will be available in October, 2021

Show all sessions
Planning from December 16, Thursday


    Conference Author(s) Awarded paper
    Paris December 2020 Olivier David ZERBIB "A Sustainable Capital Asset Pricing Model (S-CAPM): Evidence from Green Investing and Sin Stock Exclusion"
    Paris December 2019

    Matthias EFING
    Harald HAU
    Patrick KAMPKOTTER
    Jean-Charles ROCHET

    "Bank Bonus Pay as a Risk Sharing Contract"
    Paris December 2018

    Ye LI
    Chen WANG

    "Rediscover Predictibility: Information from the Relative Prices of Long-Term and Short-Term Dividends"
    Paris December 2017 Thorsten MARTIN
    Clemens A. OTTO
    "The Effect of Hold-Up Problems on Corporate Investment: Evidence from Import Tariff Reductions"
    Paris December 2016 Matthew DARST
    Ehraz REFAYET
    "Credit Default Swaps in General Equilibrium: Spillovers, Credit Spreads, and Endogenous Default"
    Paris December 2015 Roberto MARFE "Labor Rigidity and the Dynamics of the Value Premium"
    Paris December 2014
    "Corporate finance award"
    Taylor BEGLEY "The Real Costs of Corporate Credit Ratings"
    Paris December 2014
    "Financial markets award"
    Shiyang HUANG "The Effect of Options on Information Acquisition and Asset Pricing"
    Paris December 2013
    "Corporate finance award"
    Clemens OTTO
    Paolo VOLPIN
    "Marking to Market and Inefficient Investment Decisions"
    Paris December 2013
    "Financial markets award"
    Matthias EFING
    Harald HAU
    "Structured Debt Ratings: Evidence on Conflicts of Interest"
    Paris December 2013
    ​"Microstructure award"
    Bart YUESHEN "Queuing Uncertainty"


    Registrations are now open.


    Registration fees for participants are 50 euros.



    As a registered participant, you will be able to access the online program on December 16th and log on to the virtual conference at (follow the link under the tab « Online Program»).
    All registered participants will receive the instructions of connexion and session organization shortly.



    The Paris December 2021 Finance Meeting will be held once again online this year, for health reasons (Covid-19).


    Online using zoom links.

    More information will be updated in due course.