Renaud Coulomb

Renaud is a Senior Lecturer in the Department of Economics at the University of Melbourne. He studies the impacts of climate change mitigation on energy resource use and on the (market) value of energy firms and their assets.

He is also interested in extreme events, deforestation and illicit productions. In political economy, his second field, he examines the value of political connections for firms or board members, sometimes at the expense of society.

Prior joining the Department of Economics at the University of Melbourne, Renaud worked as a researcher at the London School of Economics, Grantham Research Institute on Climate Change and the Environment, and at Ecole Centrale Paris, from October 2013 until September 2015. He holds a PhD and a master degree in Economics from Paris School of Economics and a master degree in International relations from Sciences Po Paris.

Education

PhD in Economics Paris School of Economics

Master in Economics Paris School of Economics

Master in International Relations Institute d'Etudes Politiques de Paris

Bachelor in Social Sciences Ecole Normale Superieure de Cachan

Research

PUBLICATIONS

— "Political Connections and White-collar Crime: Evidence from Insider Trading in France", with Thomas Bourveau and Marc Sangnier, Journal of the European Economic Association, 2021, Vol. 19(5), pages 2543–2576. Paper | Online Appendix | Replication files/Data | Media Briefing | Press Coverage

— "Environmental Risk and the Anchoring Role of Mobility Rigidities", with Yanos Zylberberg, Journal of the Association of Environmental and Resource Economists, 2021, Vol. 8(3), pages 509–542. Paper | Online Appendix | Replication files/Data

— "Optimal Transition from Coal to Gas and Renewable Power under Capacity Constraints and Adjustment Costs", with Oskar Lecuyer and Adrien Vogt-Schilb, Environmental and Resource Economics, 2018, Vol. 73, pages 557–590. Paper

— "The Grey Paradox: How fossil-fuels owners can benefit from carbon taxation", with Fanny Henriet, Journal of Environmental Economics and Management, 2018, Vol. 87(C), pages 206–223. Paper | Op-ed

— "The impact of political majorities on firm value: Do electoral promises or friendship connections matter?", with Marc Sangnier, Journal of Public Economics, 2014, Vol. 115(C), pages 158–170. Paper | Online Appendix | Working Paper | Press Coverage

WORKING PAPERS

— "’Bad Oil’, ’Worse’ Oil and Carbon Misallocation", with Fanny Henriet and Léo Reitzmann, Working Paper, Paris School of Economics, n° 2021-38, June 2021. Working Paper, Revise and resubmit at the Review of Economic Studies.

— "The Value of Oil Deposits", with Fanny Henriet and Léo Reitzmann, mimeo, 2016.

— "Carbon price and optimal extraction of a polluting fossil fuel with restricted carbon capture", with Fanny Henriet, Working Paper, Paris School of Economics, 2010.

WORK IN PROGRESS

— "Resource Taxation under Asymmetric Information about Reserves’ Size", with Fanny Henriet, Jun Xiao, and Venuga Yokeeswaran.

— "Political Soft Power: Evidence from Awards to Businesspeople", with Stephane Benveniste and Marc Sangnier.

— "Optimal carbon tax with increasing marginal damage and a security constraint".

— "Climate change and clean capital accumulation: When to invest?"

— "Extraction of natural resources in conflict areas: evidence from Northern Myanmar".

REPORTS

— “Critical Minerals in the OECD to 2030”, with Simon Dietz, Maria Godunova, Thomas Bligaard Nielsen, OECD Report, June 2015. Report