Marc JOËTS
May 2015
IPAG Business School
27 rue de l’Université
75006 Paris
Economix-CNRS
UFR SEGMI, Bldg. G, Office 515b
University of Paris Ouest Nanterre La Défense
200, avenue de la République
92001 Nanterre Cedex, France
Cell : +33 (0)6 85 92 89 39
E-mail : [email protected] / [email protected]
Website : http://economix.fr/fr/membres/?id=1164
PROFESSIONAL EXPERIENCE
Current and previous positions
 Energy Economist, assistant professor IPAG Business School, France, Sept. 2013 – date
 Associate researcher EconomiX, University of Paris Ouest Nanterre La Défense, Sept. 2013- date
 Lecturer in Econometrics, Institut Français du Pétrole et des Energies Nouvelles (IFPEN), March
2014- date
 Energy Economist/Research engineer, Centre d’Expertise en Etudes et Modélisations
Economiques Gdf Suez, May 2010-Oct. 2010
Other positions
 Visiting research fellow, Fondazione Eni Enrico Mattei (FEEM), Milan, Dpt. of Energy Markets,
June 2014
 Visiting research fellow, Maastricht University, Dpt. of Economics and Finance, February 2014
EDUCATION
Ph.D. Economics with highest honors, University of Paris Ouest Nanterre La Défense, 2013
M.Sc. Applied Economics with highest honors, University of Paris Ouest Nanterre La Défense, 2010
B.Sc. Econometrics with highest honors, University of Paris North, 2007
HONORS, AWARDS & FELLOWSHIPS
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ANDESE Award (runner up) for the best PhD dissertation, 2015
Van Gogh research grant on macroeconomic imbalances joint with B. Candelon and C.J.M. Kool,
2015
Chancery of Paris Universities, Louis Forest/Aguirre-Basualdo Award for the best PhD
dissertation, 2014
USAEE/IAEE 2nd Dennis J. O'Brien Best Student Paper Award, Anchorage Alaska, 2013
IAEE Daegu 2nd Best Student Paper Award, Daegu South Korea, 2013
European IAEE Student Paper Award, Dusseldorf Germany, 2013
USAEE/IAEE 2nd Dennis J. O'Brien Best Student Paper Award, Austin Texas, 2012
Nominated for the FAEE Best Student Paper Award, Paris, 2012
Grant for the 3rd workshop on Energy and CO2 markets, Valencia, 2012
Doctoral Fellowship, French Ministry of Research, 2010-2013
Master Fellowship, 2009-2010
RESEARCH FIELDS
Energy Economics, Empirical Macroeconomics, Applied Time Series Econometrics
PUBLICATIONS
“Heterogeneous beliefs, regret, and uncertainty: The role of speculation in energy price dynamics”,
European Journal of Operational Research, 2015 (forthcoming).
“Energy price transmissions during extreme movements”, Economic Modelling, 40, 392-399, 2014.
“On the link between oil and commodity prices: A panel VAR approach”, (with V. Brémond and E.
Hache), Energy Studies Review, vol. 20, Issue 3, 2014.
“On the links between stock and commodity markets' volatility” (with A. Creti and V.
Mignon), Energy economics, 37, 16-28, 2013.
“Testing for Granger-causality in Distribution Tails: An application to Oil Markets Integration” (with
B. Candelon and S. Tokpavi), Economic Modelling, 31, 276-285, 2013.
“Is price dynamics homogeneous across Eurozone countries?” (with D. Guerreiro and V.
Mignon), Journal of Economic Integration, 27(4), 609-632, 2012.
“On the relationship between forward prices of crude oil and domestic fuel: A panel cointegration
approach”, International Economics, n°126-127, 2012.
“On the link between forward energy prices: A nonlinear panel cointegration approach” (with V.
Mignon), Energy Economics, 33, 1170-1175, 2011.
OTHER ARTICLES
“Oil Price Shocks and Welfare Social Consequences” (with T. Razafindrabe), in IAEE Energy
Forum, edited by Elinar Hope, International Association for Energy Economics, 2014.
“Mood-misattribution effect on energy finance: A biorhythm approach”, in International Symposia
in Economic Theory and Econometrics, edited by William Barnett and Fredj Jawadi, Emerald
Publishing, Bingley, Vol. 22, 2012.
“Vers une financiarisation accrue des marchés de matières premières” (with A. Creti and V.
Mignon), Blog du CEPII, 23 octobre 2012.
WORKING PAPERS & ONGOING WORKS
“Does the volatility of commodity prices reflect macroeconomic uncertainty?” (with V. Mignon and
T. Razafindrabe), 2015 (submitted).
“Multiple Bubbles in European Union Emission Trading Scheme” (with A. Creti), 2014 (submitted).
“Cheaper electricity or a healthier river? Estimating fluvial ecosystem value in Southern France”
(with A. Creti and F. Pontoni), 2014 (submitted).
“Revisiting current account and oil price fluctuations nexus in Canada” (with B. Gnimassoun and T.
Razafindrabe), 2014 (submitted).
“Measuring Granger causality in distribution tails” (with B. Candelon and S. Tokpavi), 2015 (in
progress).
Nonlinearity vs. asymmetry in the oil price-economic activity relationship (with B. Candelon and L.
Lieb), 2015 (in progress).
What is the welfare social cost of oil price movements? (with T. Razafindrabe), 2013 (in progress).
Volatility forecast with ranges and trimmed ranges (with B. Candelon and Y-W. Cheung), 2013 (in
progress).
PRESENTATIONS
Seminars and invited presentations
2015
FEEM International Workshop on Oil and Commodity Markets (June)
FIME Seminar, Institut Henri Poincaré (May)
Conference on “Commodity Derivatives Markets: Industrial Organization, Regulation and
Financialization” (March)
Luxembourg University, (March)
Van Gogh Grant Utrecht School of Econonomics (February)
2014
FEEM International Workshop on Oil and Commodity Markets (June)
Conferences
2015
9th Computational and Financial Econometrics, London (December 2015)
33rd USAEE/IAEE North American, Pittsburg (October 2015 expected)
Energy Finance Research conference, Oklahoma (September 2015 expected)
30th European Economic Association, Mannheim (August 2015 expected)
38th International Association for Energy Economics, Antalya (May 2015 expected)
2013-14
37th International Association for Energy Economics, NY (June 2014)
13th European IAEE, Dusseldorf (August 2013)
32nd USAEE/IAEE North American, Alaska (July 2013)
36th International Association for Energy Economics, South Korea (June 2013)
51st Workshop on Recent Developments on Energy Modelling and Regulation, London (May 2013)
1st International Symposium in Energy and Finance Issues, Paris (March 2013)
2012
31st USAEE/IAEE, Austin (November)
6th Methods in International Finance Network, Sydney (August)
61st AFSE, Paris (July)
35th International Assocation for Energy Economics, Perth (June)
TEACHING EXPERIENCES
Applied Econometrics, Master program (in French), Institut Français du Pétrole et des Energies
Nouvelles, 2014-date
Macroeconomics Dynamics, Bachelor program (in French), University of Paris Ouest Nanterre La
Défense, 2010-2013
PROFESSIONAL SERVICES
Conference organization
3rd International Symposium on Energy and Finance Issues (ISEFI), IPAG Business School, Paris
(20th March, 2015)
Referee reports
European Economic Review; The Energy Journal; Energy Economics; Energy Policy; Applied
Economics; Economic Modeling; Macroeconomic Dynamics; Economics Open-Access; Energy
Studies Review; International Economics; International Review of Financial Analysis.
Edited volumes
Energy Economics, special issue on Energy, Commodities and Geopolitics, with L. Kilian, M.
Manera, and A. Creti, 2015
PROFESSIONAL AFFILIATIONS
European Economic Association (EEA), International Association for Applied Econometrics (IAAE),
International Association for Energy Economics (IAEE), Association Française de Sciences
Economiques (AFSE).
OTHER SKILLS
Computer: Matlab, Stata, RATS, Eviews, Gauss
Languages: English (fluent), French (native)
REFERENCES
Prof. Valerie Mignon
University of Paris Ouest & CEPII
200 avenue de la République
92001 Nanterre Cedex
[email protected]
Prof. Bertrand Candelon
IPAG Business School & IMF
184 boulevard Saint-Germain
75006 Paris
[email protected]
Prof. Mattéo Manera
University of Milano-Bicocca &
FEEM
Via Bicocca degli Arcimboldi, 8
20126 Milano Italy
[email protected]