LSM
Chaussée de Binche 151/M1.01.01
7000 Mons
Mikael Petitjean
Professeur
CURRICULUM VITAE
CV: here.
Professional phone number: 0032497301266.
PROFESSIONAL PROFILE
Financial economist. Permanent University Professor. Advisor.
1 MOTTO AND 5 CITATIONS TO UNDERSTAND ME BETTER
Motto: Solvitur in excelsis = The solution is the heights = The solution is the best of ourselves (in its desacralized meaning).
Citation 1: "Il y a une sorte de snobisme spirituel à croire que l'argent n'est pas nécessaire au bonheur." = "There is a kind of spiritual snobbery in believing that money is not necessary for happiness" (A. Camus, who did not write "sufficient").
Citation 2: "The ascent of money has been essential to the ascent of man" (N. Ferguson).
At the same time,
Citation 3: "Money is a machine for doing quickly and commodiously, what would be done, though less quickly and commodiously, without it: and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order." (John Stuart Mill)
Citation 4: "From being a means to happiness, money has come to be itself a principal ingredient of the individual's conception of happiness.” (John Stuart Mill)
I am therefore convinced that money can't buy happiness (for a long time, at least).
Citation 5: "Those only are happy who have their minds fixed on some object other than their own happiness: on the happiness of others, on the improvement of mankind, even on some art or pursuit followed not as a means, but as itself an ideal end. Aiming at something else, they find happiness by the way." (John Stuart Mill)
Human flourishing requires more than money. I find my happiness in the beauty of nature and art. For more, go to: www.mpetitjean.com
- Diploma
Year Label Educational Organization 1995 Licence en sciences économiques Université de Liège 1996 Master of Science in Management Studies Nene College Northampton (University of Leicester) 2005 Master of Science in lnternational Securities Investment and Banking University of Reading 2006 Docteur en sciences de gestion Facultés Universitaires Notre Dame de la Paix à Namur
2023
Desagre, Christophe ; Paolo Mazza ; Petitjean, Mikael. Crypto market dynamics in stressful conditions. In: Applied Economics, (2023). doi:10.1080/00036846.2022.2108754 (Accepté/Sous presse).
2022
Petitjean, Mikael. Judging the functioning of equity markets in 2020: A bird's-eye (re)view. In: Bankers, Markets, and Investors, Vol. 169, p. 1-11 (2022) (Accepté/Sous presse).
2022
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. The rise of fast trading: Curse or blessing for liquidity?. In: Finance : revue de l'Association française de finance, Vol. 43, p. 119-158 (2022). doi:10.3917/fina.pr.i.
2021
Erdemlioglu, Deniz ; Petitjean, Mikael ; Vargas, Nicolas. Market Instability and Technical Trading at High Frequency: Evidence from NASDAQ Stocks. In: Economic Modelling, Vol. 102, p. 105592 (2021). doi:10.1016/j.econmod.2021.105592 (Accepté/Sous presse).
2020
Laly, Floris ; Petitjean, Mikael. Mini flash crashes: Review, taxonomy and policy responses. In: Bulletin of Economic Research, Vol. 72, no.3, p. 251-271 (2020). doi:10.1111/boer.12221.
2019
Petitjean, Mikael. Eco-friendly policies and financial performance:Was the financial crisis a game changer for large US companies?. In: Energy Economics, Vol. 80, no. Feb, p. 502-511 (2019). doi:10.1016/j.eneco.2019.01.028.
2019
Mazza, Paolo ; Petitjean, Mikael (co-first author). Testing the effect of technical analysis on market quality and order book dynamics. In: Applied Economics, Vol. 51, no.18, p. 1947-1976 (2019). doi:10.1080/00036846.2018.1529404.
2018
Vrins, Frédéric ; Petitjean, Mikael. Extreme events and the cumulative distribution of net gains in gambling and structured products. In: Applied Economics, Vol. 50, no. 58, p. 6285-6300 (2018). doi:10.1080/00036846.2018.1489514.
2018
Mazza, Paolo ; Petitjean, Mikael. Implicit transaction cost management using intraday price dynamics. In: Applied Economics, Vol. 50, no. 39, p. 4264-4274 (2018). doi:10.1080/00036846.2018.1441523.
2018
Petitjean, Mikael. La Belgique est-elle inégalitaire ?. In: La Libre Belgique, Vol. 2018, no.Avril , p. 18.
2018
Petitjean, Mikael. Le sauvetage des institutions financières a épargné plusieurs milliards d’euros aux pouvoirs publics. In: L'Écho : le quotidien de l'économie et de la finance, Vol. 2018, no.03 mars, p. 18 (2018).
2018
Petitjean, Mikael. What explains the success of reward-based crowdfunding campaigns as they unfold? Evidence from the French crowdfunding platform KissKissBankBank. In: Finance Research Letters, Vol. 26, p. 9-14 (2018). doi:10.1016/j.frl.2017.11.005.
2017
Boullenger, Victor ; Petitjean, Mikael ; Daguet, Patrick. Capital-risque et performance à court terme de l’entreprise après introduction en bourse. In: Forum financier : revue bancaire et financière, Vol. 6, no.5, p. 1-14.
2016
Petitjean, Mikael. La vitesse sur les marchés financiers : stop ou encore ?. In: Regards économiques, Vol. 2016, no.8 décembre, p. 1 (2016).
2016
Petitjean, Mikael. On the usefulness of intraday price ranges to gauge liquidity in cap-based portfolios. In: Economic Modelling, Vol. 54, no.1, p. 67-81 (Avril 2016). doi:10.1016/j.econmod.2015.12.016.
2015
Petitjean, Mikael. Chapeau bas et respect pour Albert FRERE ?. In: La Libre Belgique, Vol. 2015, no.avril, p. 52 (28 avril 2015 ).
2015
Petitjean, Mikael. D'une démocratie des opinions à une aristocratie des connaissances. In: L'Écho : le quotidien de l'économie et de la finance, Vol. 2015, no.May, p. 19 (29 avril 2015).
2015
Petitjean, Mikael. How integrated is the European carbon derivatives market?. In: Finance Research Letters, Vol. 15, no.1, p. 18-30 (Novembre 2015). doi:10.1016/j.frl.2015.07.005.
2015
Petitjean, Mikael. La taxe sur la "bourse casino". In: La Libre Belgique, p. 9 (31 octobre 2015).
2015
Petitjean, Mikael. Les sept familles de l'ISR. In: B NQ Quarterly, Vol. 2015, no. Octobre, p. 26 (2015).
2014
Godart, Camille ; Petitjean, Mikael. De la médiocrité des conseils d’investissement de Test-Achats invest sur actions individuelles. In: Brussels Economic Review, Vol. 57, no. 3, p. 1-28 (2014).
2014
Boudt, Kris ; Petitjean, Mikael. Intraday liquidity dynamics and news releases around price jumps: Evidence from the DJIA stocks. In: Journal of Financial Markets, Vol. 17, no.1, p. 121-149 (2014). doi:10.1016/j.finmar.2013.05.004.
2014
Petitjean, Mikael. Inégalités patrimoniales, moralisme et passeport. In: La Libre Belgique, (29 novembre 2014).
2014
Petitjean, Mikael. La Bourse, truquée?. In: L'Écho : le quotidien de l'économie et de la finance, p. 20 (10 mai 2014).
2014
Petitjean, Mikael. Quel secteur financier voulons-nous pour nos enfants?. In: L'Écho : le quotidien de l'économie et de la finance, (2 janvier 2014).
2014
Petitjean, Mikael. Testing the profitability of contrarian trading strategies based on the overreaction hypothesis. In: Bankers, Markets & Investors, Vol. 2014, no.133, p. 4-10 (Nov-Dec 2014).
2013
Petitjean, Mikael. Bank failures and regulation: a critical review. In: Journal of Financial Regulation and Compliance, Vol. 21, no.1, p. 16-38 (2013). doi:10.1108/13581981311297803.
2013
Caliman, Thibaut ; D'Hondt, Catherine ; Petitjean, Mikael. Determining an optimal multiplier in dynamic core-satellite strategies. In: The Journal of Asset Management, Vol. 14, no.4, p. 210-227 (2013). doi:10.1057/jam.2013.16.
2013
Petitjean, Mikael. Il n’y aura pas de croissance solide sans confiance dans l’avenir. In: La Libre Belgique, (20 mars 2013).
2013
Duvinage, Matthieu ; Mazza, Paolo ; Petitjean, Mikael. The intra-day performance of market timing strategies and trading systems based on Japanese candlesticks. In: Quantitative Finance, Vol. 13, no.7, p. 1059-1070 (2013). doi:10.1080/14697688.2013.768774.
2015
Petitjean, Mikael. Corrélation sérielle et hétéroscédasticité dans l’analyse des séries temporelles. In: Jeffery Wooldridge (ed.), Introduction à l'économétrie : une approche moderne (Ouvertures économiques), De Boeck, 2015, Chapitre 12. 9782804171315.
2015
Petitjean, Mikael. Le modèle de régression linéaire simple. In: Jeffery Wooldridge (ed.), Introduction à l'économétrie : une approche moderne (Ouvertures économiques), De Boeck, 2015, Chapitre 2. 9782804171315.
2022
El Hichou El Maya, Younes ; D'Hondt, Catherine ; Petitjean, Mikael. What drives retail investment in passive Exchange-Traded Funds ?. 38th International conference of the French Finance Association- AFFI (Saint Malo - France, du 23/05/2022 au 25/05/2022).
2021
El Hichou El Maya, Younes ; D'Hondt, Catherine ; Petitjean, Mikael. Does holding passive ETFs change retail investor's trading behavior for the better?. 37th International Conference of the French Finance Association (AFFI) (Online event , du 26/05/2021 au 28/05/2021).
http://hdl.handle.net/2078.1/249987http://hdl.handle.net/2078.1/254442
2021
El Hichou El Maya, Younes ; D'Hondt, Catherine ; Petitjean, Mikael. Retail Investing in Passive Exchange Traded Funds. European Financial Management Association 2021 Annual Meeting (Online event , du 30/06/2021 au 04/07/2021).
http://hdl.handle.net/2078.1/237026http://hdl.handle.net/2078.1/254441
2020
El Hichou El Maya, Younes ; D'Hondt, Catherine ; Petitjean, Mikael. Retail Investing in Passive Exchange Traded Funds. 13th RGS Doctoral Conference in Economics 2020 (Dortmund - Germany , du 17/02/2020 au 19/02/2020).
http://hdl.handle.net/2078.1/237026http://hdl.handle.net/2078.1/254437
2020
El Hichou El Maya, Younes ; D'Hondt, Catherine ; Petitjean, Mikael. Retail Investing in Passive Exchange Traded Funds. 6th International Symposium in Computational Economics and Finance ISCEF 2020 (Online (Paris), du 02/04/2020 au 04/04/2021).
http://hdl.handle.net/2078.1/237026http://hdl.handle.net/2078.1/254439
2019
Desagre, Christophe ; Mazza, Paolo ; Petitjean, Mikael. Intraday liquidity and trading dynamics around extreme price movements in cryptocurrencies. New Zealand Finance Meeting (Auckland, New Zealand, du 18/12/2019 au 20/12/2019).
2019
Desagre, Christophe ; Mazza, Paolo ; Petitjean, Mikael. Intraday liquidity and trading dynamics around extreme price movements in cryptocurrencies. Australasian Finance and Banking Conference (Sydney, Australia , du 16/12/2019 au 18/12/2019).
2019
Desagre, Christophe ; Mazza, Paolo ; Petitjean, Mikael. Intraday liquidity and trading dynamics around extreme price movements in cryptocurrencies. LFIN Internal seminar (Mons, Belgium, 04/06/2019).
2018
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. Liquidity and the rise of fast trading on Euronext. 2nd European Capital Market Workshop (London (UK), 09/07/2018).
2018
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. Liquidity and the rise of fast trading on Euronext. Financial Econometrics Conference: Market Microstructure, Limit Order Books and Derivative Markets (Lancaster (UK), du 13/09/2018 au 14/09/2018).
2016
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. Liquidity and fast trading on Euronext: A historical perspective. UCL-UNamur PhD workshop in Finance (Namur (Belgium), 03/03/2016).
2016
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. Liquidity and the rise of fast trading on Euronext. 33rd International AFFI Conference (Liège (Belgium), du 23/05/2016 au 25/05/2016).
2016
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. Liquidity and the rise of fast trading on Euronext: A historical perspective. 3L Finance Research Workshop (Brussels (Belgium), 29/04/2016).
2014
Petitjean, Mikael. Intraday liquidity dynamics and price ranges in cap-based portfolios. Financial Engineering and Banking Society (FEBS) Conference (University of Surrey, du 21/06/2014 au 23/06/2014).
2013
Petitjean, Mikael. Le suivi de la crise financière - partie iv trading a haute fréquence (second rapport intermediaire), 2013. 9 p.
2021
D'Hondt, Catherine ; El Hichou El Maya, Younes ; Petitjean, Mikael. Blaming or praising passive ETFs? (LIDAM Discussion Paper LFIN; 2021/08), 2021. 31 p.
2020
D'Hondt, Catherine ; El Hichou El Maya, Younes ; Petitjean, Mikael. Retail Investing in Passive Exchange Traded Funds (LFIN Working Paper; 2020/13), 2020. 33 p.
2020
Desagre, Christophe ; D'Hondt, Catherine ; Petitjean, Mikael. The rise of fast trading: Curse or blessing for liquidity?, 2020.
2018
Petitjean, Mikael. Implicit transaction cost management using intraday price dynamics, 2018. 23 p.
2018
Petitjean, Mikael. What explains the success of reward-based crowdfunding campaigns as they unfold?, 2018. 8 p.
2016
Petitjean, Mikael ; Vrins, Frédéric. Win or Lose for Life ? Regards croisés sur les jeux de hasard et les produits structurés (ILSM; 2016/18), 2016. 34 p.
2014
Petitjean, Mikael ; VILLARD, Geoffroy. How integrated is the European carbon derivatives market?, 2014. 13 p.
2013
Duvinage, Matthieu ; Mazza, Paolo ; Petitjean, Mikael. Testing the profitability of contrarian trading strategies based on the overreaction hypothesis, 2013. 15 p.