MESLIER Céline

Professor of Economics

LAPE, Université de Limoges, 5 rue Félix Eboué, 87031 Limoges, France

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Biography

Céline Meslier is Professor of Economics at the University of Limoges (France) and is currently head of the Research Institute “Governance of Institutions and Organisations”. She earned her PhD at the University of Limoges. Her research interests are in the areas of financial institutions, bank risk and the link between financial development and economic development. She served as a Vice-Dean for International Relations of the Faculty of Law and Economics and Vice-President of International Affairs of the University of Limoges.

Education

  • Habilitation to Direct Research, presented and defended on February 15th, 2022 “Banking Structure and Behavior: Impact on Bank Performance and Economic Activity,” supervisor, Amine Tarazi, Professor at the University of Limoges.
  • PhD in Economics, Thesis presented and defended in Limoges on January 29th, 1999 “Asset Prices and Traditional Transmission Mechanisms of Monetary Policy: Financial Variables and Investment Behavior,” under the co-direction of Christian Bordes, Professor at the University of Montesquieu Bordeaux-IV and Amine Tarazi, Professor at the University of Limoges.

Research

Articles in refereed Journals

  • “Benefits of local banking in local economic development: Disparities between micro firms and other SMEs”, with A. Sauviat (Université de Limoges), P.N. Rehault (Université de Limoges) & D. Yuan (Zhejiang University of Finance and Economics, School of Finance), Journal of Banking & Finance, Volume 143, October 2022.
  • “Comparative advantages of regional versus national banks in alleviating SME’s financial constraints”, with A. Sauviat (Université de Limoges) et D. Yuan (Université de Limoges), International Review of Financial Analysis, Volume 71, October 2020.
  • “Islamic banks’ equity financing, Shariah supervisory board, and banking environments”, Pacific-Basin Finance Journal, Volume 62, September 2020.
  • “Does it pay to get connected? An Examination of Banks’ Alliance Network and Bond Spread”, with I. Hasan (Fordham University, New York and Bank of Finland), A. Tarazi (Université de Limoges) & M. Zhou (College of Business, University of Colorado), Journal of Economics and Business, Volume 95, January–February 2018, Pages 141-163.
  • “Bank dividends, agency costs and shareholder and creditor rights”, with L. Lepetit (Université de Limoges), F. Strobel (University of Birmingham) & L. Wardhana (Université de Limoges), International Review of Financial Analysis, Volume 56, March 2018, Pages 93-111.
  • “Deposit rates in Islamic and conventional banks in dual markets: The role of competition”, with A. Tarazi (Université de Limoges) & T. Risfandy (Université de Limoges), Economic Modelling, Volume 63, June 2017, Pages 318-333.
  • “Reducing agency conflict through bank dividend payout decisions: the role of opacity and ownership structure”, with L. Lepetit (Université de Limoges) & L. Wardhana (Université de Limoges), Applied Economics, issue 49, 2017.
  • “The Benefits and Costs of Intrastate and Interstate Geographic Diversification in Banking”, with D. P. Morgan (Federal Reserve Bank of New York), K. Samolyk (George Washington University, Washington, and KIG Analytics, Chicago) & A. Tarazi (Université de Limoges), Journal of International Money and Finance, 69, December 2016, Pages 287–317.
  • “Structure bancaire locale et évolution du crédit à l’échelle des départements français : l’expérience de la crise financière de 2007-2008” en collaboration avec P. Rous (Université de Limoges), A. Sauviat (Université de Limoges) et P. Torre (Université de Limoges), Revue Economique, 67 (2), Pages 279-314, 2016.
  • “Is Bank Income Diversification Beneficial? Evidence from an Emerging Economy”, with R. Tacneng (Université de Limoges) & A. Tarazi (Université de Limoges), Journal of International Financial Markets, Institutions & Money, 31, July 2014.
  • “Contribution of Rural Banks to Regional Economic Development: Evidence from the Philippines”, with E. Nys (Université de Limoges) & A. Sauviat (Université de Limoges), Regional Studies, 46 (6), 2012.
  • “Banking Industry Structure and Economics Activities: A Regional Approach for the Philippines”, with J. Los Banos (University of the Philippines), E. Nys (Université de Limoges) & A. Sauviat (Université de Limoges), Philippine Management Review, 2011.
  • “How did the Asian stock markets react to bank mergers after the 1997 Asian crisis?”, with C. Bautista (Université des Philippines) & L. Lepetit (Université de Limoges), Pacific Economic Review, 2009.
  • “Reaction of European Bank stock prices to events of the Asian and Russian Financial crises”, with L. Lepetit (Université de Limoges) & A. Tarazi (Université de Limoges), Revue d’Economie Politique, 116(4), juillet-août, 2006.
  • “Bank stock volatility, news and asymmetric information in banking: an empirical investigation”, with L. Lepetit (Université de Limoges) & A. Tarazi (Université de Limoges), Journal of Multinational Financial Management, Vol. 14(4/5), pp 443-461, 2004.

Books & other Publications

  • “Banking in France”, en collaboration avec Laetitia Lepetit (Université de Limoges) et Amine Tarazi (Université de Limoges), in The Palgrave Handbook of European Banking, edited by Thorsten Beck et Barbara Casu. 2016.

Work in Progress

  • “Relationship lending during crisis times: continuation lending or zombification?” en collaboration avec P-N. Rehault (Université de Limoges), A. Sauviat (Université de Limoges) et D. Yuan (Zhejiang University of Economics and Finance, Chine)
  • “Geographical variations in bank branch efficiency: organizational complexity, competition, and institutional environment” en collaboration avec L. Lu (University of International Business and Economics, Chine), A. Sauviat (Université de Limoges) et D. Yuan (Zhejiang University of Economics and Finance, Chine).

Administrative & other Duties

  • Head of the Research Institute, “Governance of Institutions and Organisations”, since May 2022.
  • Vice-President for International Affairs, Oct. 2018 – Dec. 2020.
  • Vice-President (Interim) for International Affairs, Sept. 2016 – Oct. 2017.
  • Vice-Dean of the Faculty of Law and Economics for International Relations, Feb. 2015 – Jan. 2017.
  • Member of the International Council of the University of Limoges (Sept. 2012-Sept. 2017).
  • In charge of the coordination of international activities in the field of Economics: University of Limoges.

Professional membership: Groupement de Recherche Européen (GDRE) “Monnaie, Banque, Finance”; Financial Intermediation Network (FINEST); Financial Management Association (FMA); Western Economic Association (WEA).

Referee

African Development Review, Applied Financial Economics, Economic Inquiry, Economic Letters, Economic Modelling, Emerging Markets Finance and Trade, European Journal of Finance, Global Finance Journal, International Economics, International Journal of the Economics of Business, International Review of Economics and Finance, Journal of Banking and Finance, Journal of International Money and Finance, Journal of Financial Stability, Regional Studies, Revue Economique, Review of International Economics, Research in International Business and Finance.

Research Missions & Visiting

  • Seminar and scientific supervision (University of the Philippines (2001 – 2004); University of Birmingham (2008 – )).
  • Research missions (University of the Philippines; Gadja Madah Universitas; University of Colorado; University of Ancona; VU University of Amsterdam).

 

Research Grants & International Projects

  • “Crise de la COVID19 et résilience des territoires : quel rôle des systèmes bancaires locaux dans l’atténuation des contraintes financières des PME ?”, Programme de recherche, Conseil Régional de Nouvelle-Aquitaine, en coordination avec A. Sauviat, 2021-2023.
  • “OPTBANK: Optimizing Research and Doctoral Programs in Banking in Indonesia”, European Commission Capacity Building Grant, 2017-2020, coordinated by Amine Tarazi.
  • “Recomposition spatiale du système bancaire français et dynamique des territoires”, Programme de recherche, Conseil Régional du Limousin, en coordination avec Alain Sauviat, 2014-2016.
  • “Mondialisation”, Programme de recherche, Conseil Régional du Limousin, coordonné par L. Lepetit, mars 2012 – mars 2014.
  • “Analyse quantitative et spatialisation”, Programme de recherche, Conseil Régional du Limousin, in coordination with A. Sauviat, 2010-2013.
  • “Modélisation de la performance des actifs et optimisation des risques en période de stress”, Contrat de recherche avec la société JPLC, coordonné par A. Tarazi, 2011-2013.
  • “The effects of ownership restructuring on bank risk-taking and lending behavior: Evidence from South-East Asia”, Programme Henri Curien, ORCHID, France-Taiwan, coordinated by A. Tarazi, 2010 – 2012.
  • “International Research Group on Financial Stability”, BQR Soutien aux Réseaux de Recherche Internationaux (Université de Limoges), (Copenhagen Business School, and University of Southern California), coordonné par A. Tarazi, 2005–2008.
  • “Financial Fragility: lessons from Europe and South East Asia”, Euro-Philippine Network in Banking and Finance: Enhancing Teaching and Research, Programme ASIALINK/B7-301/2005/105-139, European Commission, (University of Birmingham and University of the Philippines), coordinated by A. Tarazi, 2005 – 2007 (http://cba.upd.edu.ph/asialink/).
  • “On the use of mergers as a solution of bank distress” Duo-France Research Grant (Asia-Europe Meeting (ASEM)), (University of the Philippines), coordinated by A. Tarazi, 2002–2003.

PhD Supervision

Ongoing

  • Oliver Asiamah, co-supervision with A. Sauviat (40%) and P-N. Rehault (20%), (September 2022-).
  • Anggorro Budi Nogroho, co-supervision with A. Tarazi (50%), (Jan. 2020 -).

Completed theses and current position

  • Dian Yuan, “Essays on local banking market structure: Impacts on SMEs financing and activity and on bank efficiency”, co-supervision with A. Sauviat (50%), (Oct. 2015 – Feb. 2019). Current position: Assistant professor, Zhejiang University of Economics and Finance (China).
  • Tastaftiyan Risfandy, “Essays on Islamic Finance”, co-supervision with A. Tarazi (50%), (Oct. 2014 – Feb. 2018). Current position: Lecturer, Universitas Sebalas Maret (Indonesia).
  • Leo Wardhana, “Ownership behavior and its influence to bank’s policy and performance”, co-supervision with L. Lepetit (40%) and E. Tandelillin (20%), (co-tutorship with Gadja Madah University, Indonesia) (Oct. 2012 – Jan. 2016). Current position: Assistant Professor of Banking and Finance, Universitas Gadjah Mada (Indonésie).
  • Ruth Tacneng, “Essays on Bank SME Finance, Banking Structures and Governance Mechanisms in Emerging and Less Developed Economies”, co-supervision with A. Tarazi (40%) and Corina Gochocco-Bautista (20%), (Dec. 2007 – Jan. 2013). Current position: Maître de conferences, Université de Limoges (France).