Céline Rochon

Last Updated: July 10, 2017

Celine Rochon is a Senior Economist at the IMF, currently working in the Strategy, Policy and Review Department (Advanced Economies and Multilateral Issues Division).

Fluent In: French.

Education:

2000: PhD (Economics), CORE, Universite Catholique de Louvain

1997: MSc (Economics), CORE, Universite Catholique de Louvain

1996: MSc (Mathematics), University of Ottawa

1994: BSc (Mathematics), University of Ottawa


Previous Experience:

2005 - 2013: Associate Professor in Finance (with tenure), Said Business School, University of Oxford

2001 - 2005: Associate Professor (with tenure), THEMA, Universite de Cergy-Pontoise, France


IMF Career:

Since April 2016: Advanced Economies and Multilateral Issues Division; Strategy, Policy and Review Department. SPR economist on the U.S. team

September 2010-March 2016: IMF Institute for Capacity Development, African Division. Training missions: Financial Markets and New Financial Instruments (Austria, Singapore), Mortgage Markets, Securitization and Structured Finance (Austria, Singapore), Economic Policies for Financial Stability (Austria, Kuwait, Mauritius, Singapore, Tunisia), Financial Market Analysis (Austria, Mauritius, South Africa), Economic Issues in Regional Integration (Mauritius, Tanzania), Financial Programming and Policies (Ghana), Monetary and Exchange Rate Policies (Mauritius, Uganda), Finance for Macroeconomists (IMF HQ), Extracting Information from Financial Markets (IMF HQ - for staff).

2014 Article IV Consultation Mission to Qatar. Between 2005-2010: Visiting Scholar at the IMF Institute, and consultant on training missions in China, Austria and Singapore.

IMF Books and Working Papers:

Managing External Volatility: Policy Frameworks in Non-Reserve Issuing Economies , Working Paper No. 2020/288 , December 18, 2020

Pre- and Post-GFC Policy Multipliers , Working Paper No. 2020/237 , November 13, 2020

Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Envrionment , Working Paper No. 20/53 , March 13, 2020

Casting Light on Central Bank Digital Currencies , Staff Discussion Notes No. 18/08 , November 13, 2018

The U.S. Personal Saving Rate , Working Paper No. 18/128 , June 05, 2018

Back to the Future: The Nature of Regulatory Capital Requirements , Working Paper No. 17/181 , August 04, 2017

Fintech and Financial Services : Initial Considerations , Staff Discussion Notes No. 17/05 , June 19, 2017

What’s Different about Bank Holding Companies? , Working Paper No. 17/26 , February 10, 2017

Reconsidering Bank Capital Regulation: A New Combination of Rules, Regulators, and Market Discipline , Working Paper No. 14/169 , September 15, 2014

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default , Working Paper No. 14/168 , September 12, 2014

Conformism and Public News , Working Paper No. 11/33 , February 01, 2011

A Real Model of Transitional Growth and Competitiveness in China , Working Paper No. 08/99 , April 01, 2008

High Growth and Low Consumption in East Asia: How to Improve Welfare While Avoiding Financial Failures , Working Paper No. 07/278 , December 01, 2007

Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses , Working Paper No. 06/263 , November 01, 2006

IMF Occasional Papers, Pamphlets, and Special Issues Papers

Fintech and Financial Services: Initial Considerations (with D. He, R. Leckow, V. Haksar, T. Mancini-Griffoli, N. Jenkinson, M. Kashima, T. Khiaonarong, and H. Tourpe), Staff Discussion Note 17/05, International Monetary Fund, June 2017.

F&D articles

Risky mix (with R. Chami, C. Fullenkamp, T. Cosimano), Finance and Development, March 2017.

The domestic solution: Can China's growth be sustained through good-neighbor policies? (with L. Lipschitz and G. Verdier), Finance and Development, March 2009

Selected Issue

Enhancing Qatar's Early Warning System, Qatar Selected Issues, IMF Country Report No. 14/108.

Publications in Journals (Refereed)

Reconsidering bank capital regulation: a new combination of rules, regulators, and market discipline (with C. Fullenkamp), Journal of Economic Policy Research (June 2016), 1-17.

Conformism and public news (with G. Desgranges), Economic Theory 52 (2013), 1061-1090.

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

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

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

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

Devaluation without common knowledge, Journal of International Economics 70 (2006), 470-489.

Debt, liquidity and dynamics (with H. Polemarchakis), Economic Theory 27 (2006), 179-211.

Generic efficiency and collusion-proofness in exchange economies (with G. Giraud), Social Choice and Welfare 20 (2003), 405-428.

Consistent collusion-proofness and correlation in exchange economies (with G. Giraud), Journal of Mathematical Economics 38 (2002), 441-463.

Analyse empirique de la theorie des anticipations de la structure par terme des taux d'interet (with O. Scaillet, G. Lobefalo, N. Marchand, L. Peeters, V. Thoen, J. Van De Voorde, D. Van Rossum), IRES, Service d'Analyse Economique, Universite catholique de Louvain, December 1997.

Celine Rochon is a Senior Economist at the IMF, currently working in the Strategy, Policy and Review Department (Advanced Economies and Multilateral Issues Division).

Fluent In: French.

Education:

2000: PhD (Economics), CORE, Universite Catholique de Louvain

1997: MSc (Economics), CORE, Universite Catholique de Louvain

1996: MSc (Mathematics), University of Ottawa

1994: BSc (Mathematics), University of Ottawa


Previous Experience:

2005 - 2013: Associate Professor in Finance (with tenure), Said Business School, University of Oxford

2001 - 2005: Associate Professor (with tenure), THEMA, Universite de Cergy-Pontoise, France


IMF Career:

Since April 2016: Advanced Economies and Multilateral Issues Division; Strategy, Policy and Review Department. SPR economist on the U.S. team

September 2010-March 2016: IMF Institute for Capacity Development, African Division. Training missions: Financial Markets and New Financial Instruments (Austria, Singapore), Mortgage Markets, Securitization and Structured Finance (Austria, Singapore), Economic Policies for Financial Stability (Austria, Kuwait, Mauritius, Singapore, Tunisia), Financial Market Analysis (Austria, Mauritius, South Africa), Economic Issues in Regional Integration (Mauritius, Tanzania), Financial Programming and Policies (Ghana), Monetary and Exchange Rate Policies (Mauritius, Uganda), Finance for Macroeconomists (IMF HQ), Extracting Information from Financial Markets (IMF HQ - for staff).

2014 Article IV Consultation Mission to Qatar. Between 2005-2010: Visiting Scholar at the IMF Institute, and consultant on training missions in China, Austria and Singapore.

IMF Books and Working Papers:

Managing External Volatility: Policy Frameworks in Non-Reserve Issuing Economies , Working Paper No. 2020/288 , December 18, 2020

Pre- and Post-GFC Policy Multipliers , Working Paper No. 2020/237 , November 13, 2020

Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Envrionment , Working Paper No. 20/53 , March 13, 2020

Casting Light on Central Bank Digital Currencies , Staff Discussion Notes No. 18/08 , November 13, 2018

The U.S. Personal Saving Rate , Working Paper No. 18/128 , June 05, 2018

Back to the Future: The Nature of Regulatory Capital Requirements , Working Paper No. 17/181 , August 04, 2017

Fintech and Financial Services : Initial Considerations , Staff Discussion Notes No. 17/05 , June 19, 2017

What’s Different about Bank Holding Companies? , Working Paper No. 17/26 , February 10, 2017

Reconsidering Bank Capital Regulation: A New Combination of Rules, Regulators, and Market Discipline , Working Paper No. 14/169 , September 15, 2014

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default , Working Paper No. 14/168 , September 12, 2014

Conformism and Public News , Working Paper No. 11/33 , February 01, 2011

A Real Model of Transitional Growth and Competitiveness in China , Working Paper No. 08/99 , April 01, 2008

High Growth and Low Consumption in East Asia: How to Improve Welfare While Avoiding Financial Failures , Working Paper No. 07/278 , December 01, 2007

Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses , Working Paper No. 06/263 , November 01, 2006

IMF Occasional Papers, Pamphlets, and Special Issues Papers

Fintech and Financial Services: Initial Considerations (with D. He, R. Leckow, V. Haksar, T. Mancini-Griffoli, N. Jenkinson, M. Kashima, T. Khiaonarong, and H. Tourpe), Staff Discussion Note 17/05, International Monetary Fund, June 2017.

F&D articles

Risky mix (with R. Chami, C. Fullenkamp, T. Cosimano), Finance and Development, March 2017.

The domestic solution: Can China's growth be sustained through good-neighbor policies? (with L. Lipschitz and G. Verdier), Finance and Development, March 2009

Selected Issue

Enhancing Qatar's Early Warning System, Qatar Selected Issues, IMF Country Report No. 14/108.

Publications in Journals (Refereed)

Reconsidering bank capital regulation: a new combination of rules, regulators, and market discipline (with C. Fullenkamp), Journal of Economic Policy Research (June 2016), 1-17.

Conformism and public news (with G. Desgranges), Economic Theory 52 (2013), 1061-1090.

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

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

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

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

Devaluation without common knowledge, Journal of International Economics 70 (2006), 470-489.

Debt, liquidity and dynamics (with H. Polemarchakis), Economic Theory 27 (2006), 179-211.

Generic efficiency and collusion-proofness in exchange economies (with G. Giraud), Social Choice and Welfare 20 (2003), 405-428.

Consistent collusion-proofness and correlation in exchange economies (with G. Giraud), Journal of Mathematical Economics 38 (2002), 441-463.

Analyse empirique de la theorie des anticipations de la structure par terme des taux d'interet (with O. Scaillet, G. Lobefalo, N. Marchand, L. Peeters, V. Thoen, J. Van De Voorde, D. Van Rossum), IRES, Service d'Analyse Economique, Universite catholique de Louvain, December 1997.