The Research in Market Finance

Didier Davydoff

Revue d'Économie Financière, 2000, vol. 57, issue 2, 199-213

Abstract: [eng] Promoting research in finance contributes to making financial places attractive. Comparing French research in finance with the American and British ones shows that France has a research of quality, capable of mobilising sophisticated mathematical and statistical tools. But French research is dependent - as actually most of the world’s research - on dissemination and evaluation networks based in the United States. The selection process of American reviews and conferences, though it may be contested, gives American researchers the advantage of organising a true market for research productions and thus to facilitate their financing. But the influence of this market goes beyond American borders. French research, in addition, is affected by specific shortcomings : the excessive segmentation of its branches, the lack of financial incentives for researchers and of financial means for research laboratories. Paris, as a financial center, could contribute to solving these two shortcomings. . JEL Classification : A23

Date: 2000
Note: DOI:10.3406/ecofi.2000.4738
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