Laurence Scialom is a University Professor, she co-directs the Master in Economic and Social Sciences and directs the Master 2 Institutions Economy and Society at the University Paris Nanterre. She is a member of the Scientific Councils of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Fondation Nicolas Hulot pour la nature et l’homme. She is also a member of the Investor Consultative Commission of the Autorité des Marchés Financiers (AMF), of the Observatory of Ethics in Public Life, and a qualified member of the NGO Finance Watch. Her work focuses on issues of banking regulation, financial stability, capture of regulators and conflicts of interest in the financial sphere, and the transformation of finance in the light of ecological transition. She published in 2019 by Fayard “La fascination de l’ogre ou comment desserrer l’étau de la finance”.
> Research areas: Finance and Society, Banking Economics, Central Banking, Micro and Macroprudential Regulation.
Central bank independence (CBI) has often been presented as a superior institutional arrangement demonstrated by economists in the 1980s for achieving a common good in a non-partisan manner. In this article, we argue that this view must be challenged.
In this article, we seek to decipher the forces at work in the deconstruction of the myth of a central bank solely dedicated to preserving the value of money and disconnected from major societal issues and debates. We develop the idea that since the financial crisis, central banks have been re-engaging their politics in...
This article point out why current banking regulation is not adequate to face risks whose origin is grounded outside financial markets and offer avenues for reforming macroprudential regulation.
Recent recovery plans, associated with the COVID‐19 pandemic and the energy transition, increased the funding available to finance innovative low‐carbon projects and called for an economic evaluation of their allocation. This paper analyzes the potential benefit of using repayable advance: a lump‐sum payment to finance the project that is paid back in case of...
The Chairs Armand Peugeot, Energy and Prosperity, and Climate Economics are organizing, on December 6th an 7th, 2023, the 10th edition of the annual international Conference on Mobility Challenges.