Full Professor
DR. Khaled Guesmi is a full Professor of Finance at Paris School of Business & Director, Center of Research for Energy and Climate Change Change (CRECC). He's also adjunct professor at Telfer School of Management, University of Canada. He undertakes research and lectures on empirical finance, applied time-series econometrics, and commodity markets. Dr. Guesmi obtains his HDR (Habilitation for Supervising Doctoral Research) in in July 2015. He holds his Ph.D. in Economics from the University Paris Nanterre in 2011, and his M.Sc. in Finance from Paris I University of Sorbonne in 2005. Previously, he served as Professor of Finance and Head of Environment, Climate Change and Energy Transition Chair at IPAG Business School, as associate research positions at “EconomiX” laboratory at the University of Paris Ouest La Défense and "ERF" Economic Research Forum, Egypt. In 2003 Dr. Guesmi joined the UNESCO as a Research Manager, and in 2008, he joined “Caisse de Dépôts et Consignations” as Financial Analyst. Dr. Guesmi is the co-author of the book Cryptofinance and Mechanism of Exchange (Springer), as well as the book Risk Factors and Contagion in Commodity Markets and Stocks Markets (Word Scientific), He has published articles in leading refereed journals, including the Energy Journal; International Review of Financial Analysis; Journal of International Financial Markets, Institutions & Money, Annals of Operations Research, Energy Economics and Energy Policy. Furthermore, Dr. Guesmi currently serves as Associate Editor at Finance Research Letters, as international advisory board at The International Spectator. In addition, Khaled Guesmi is the founder of the International Symposium on Energy and Finance Issues and the Project Manager of European Commission’s Horizon 2020 Program for Research and Innovation. This program has focused on new models of cooperation between EU and the south-eastern Mediterranean region which are expected to promote a radical re-design of these countries’ energy strategies, focusing on sustainability and efficiency policies. Dr. Khaled Guesmi applies modern financial econometrics tools to examine a broad set of topics related to the commodities markets. His research includes topics, such as Finanlization of commodities and contagion effect between stock markets and energy markets. Dr. Khaled Guesmi hold the 4th best world researcher in Energy Finance: Frontiers and Future Development in Beijing in 2018.



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  • Head of research department

Teaching department

  • Economics and Business Information


Scientific Article
Title Authors Source Date
Quantile spillovers and dependence between Bitcoin, equities and strategic commodities Khaled GUESMI, Christian UROM, Ilyes ABID, Julien CHEVALLIER Economic Modelling 08/2020
Oil Price Fluctuations and Financial Market Stability: Evidence from Oil Exporting Developing Countries Khaled GUESMI, Raphaël Homayoun BOROUMAND, Thomas PORCHER, Brahim GAIES European Journal of Comparative Economics 06/2020
Hedging strategy for financial variables and commodities Khaled GUESMI, Ilyes ABID, Abderrazak DHAOUI, Olfa KAABIA Economics Bulletin 05/2020
The Impacts of COVID-19 on China’s Domestic Natural Gas Market Khaled GUESMI, Benjamin CHIAO, Fateh BELAID, Adel BEN YOUSSEF Energy Forum 05/2020
Does financial globalization still spur growth in emerging and developing countries? Considering exchange rates Khaled GUESMI, Stephane GOUTTE, BRAHIM GAIES Research in International Business and Finance 04/2020
Does Financial inclusion affect the African banking stability? Khaled GUESMI, Stephane GOUTTE, I ABID, I KOUKI Economics Bulletin 03/2020
Bitcoin and Liquidity Risk Diversification Khaled GUESMI, Yosra GHABRI, Ahlem ZANTOUR Finance Research Letters 01/2020
Hedging and safe-haven characteristics of Gold against currencies: An investigation based on multivariate dynamic copula theory Khaled GUESMI, Julien CHEVALLIER, Rihab BEDOUI, Quynh Nga NGUYEN, Najmedine MAHJOUB Resources Policy 01/2020
How Do Bitcoin Price Fluctuations Affect Crude Oil Markets ? Khaled GUESMI, Olfa KAABIA, Ilyes ABID, Jean Michel SAHUT Gestion 2000 01/2020
How Do Institutional Frameworks shape FinancIal Development In Developing countries? Khaled GUESMI, Jean Yves MOISSERONS, Gaies BRAHIM, Mohamed Sahbi NAKHLI Bankers, Markets&Investors (ex Banque et Marchés) 01/2020
Modelling the nonlinear relationship between oil prices, stock markets, and exchange rates in oil-exporting and oil-importing countries Khaled GUESMI, Imed CHKIR, Angham BEN BRAYEK, Kamel NAOUI Research in International Business and Finance 01/2020
Public attention to environmental issues and stock market returns Khaled GUESMI, Jonathan PEILLEX, Imane EL OUADGHIRI, Andrea ZIEGLER Ecological Economics 01/2020
Renewable energy, CO2 emissions and value added: Empirical evidence from countries with different income levels Khaled GUESMI, Ben Jebli MEHDI , Farhani SAHBI Structural Change and Economic Dynamics 01/2020
Survival of reorganized firms in France Khaled GUESMI, Ilyes ABID, Rym AYADI Finance Research Letters 01/2020
The Non Linear Relationship Between Economic Growth and Public Debt Khaled GUESMI, Houssem RACHDI, Karim BOUCHRARA Economics Bulletin 01/2020
Contagion effects from U.S. to MENA Equity Markets: The Role of Oil and Gas Khaled GUESMI, Stephane GOUTTE, ILYES ABID, IBRAHIM JAMALI Energy Policy 12/2019
Financial Development and Energy Consumption in MENA Countries Khaled GUESMI, BRAHIM GAIES, ILYES ABID, OLFA KAABIA, RYM AYADI Energy Policy 12/2019
Commodities risk premia and regional integration in gas-exporting countrie Khaled GUESMI, Christian UROM, Stephane GOUTTE, Julien CHEVALLIER, Ilyes ABID Energy Economics 06/2019
Commodities risk premier and regional integration in gas-exporting countries Christian UROM, Khaled GUESMI, Stephane GOUTTE, Ilyes ABID , Julien CHEVALLIER, Julien CHEVALLIER Energy Economics 01/2019
FDI in Central and Eastern Europe countries: a gravity model Khaled GUESMI, Frederic TEULON, Mariem BRAHIM Management International 01/2019
Hedging and Diversification across Commodity assets Khaled GUESMI, Stephane GOUTTE, A DHAOUI, I ABID Applied Economics 01/2019
IDE, exportations et croissance économique dans la région MENA  Khaled GUESMI, Jamel BOUKHATEM, Mariem BRAHIM, Jean Michel SAHUT Gestion 2000 01/2019
Media attention and Bitcoin prices Hatem RJIBA, Khaled GUESMI, Stephane GOUTTE, D. PHILIPPAS Finance Research Letters 01/2019
On the Conditional Dependence Between Oil, Gold and FX: a Nested Copula-based GJR- GARCH Model Khaled GUESMI, Chevallier JULIEN, Rihab BEDOUI, Sana BRAIEK Energy Economics 01/2019
Financial Contagion and Oil Risk Khaled GUESMI, ILyes ABID , Anna CRETI, Julien CHEVALLIER Energy Journal 01/2018
On the determinants of industry-CDS index spreads: Evidence from a nonlinear setting Khaled GUESMI, Stephane GOUTTE, A DHAOUI , I ABID Journal of International Financial Markets, Institutions & Money 01/2018
Optimal strategy between extraction and storage of crude oil Khaled GUESMI, Stephane GOUTTE, Ilyes ABID, Farid MKAOUER Annals of Operations Research 01/2018
Title Authors Source Date
Cryptofinance and Mechanisms of Exchange Khaled GUESMI, Stephane GOUTTE, Samir SAADI Elsevier 01/2020
Risk Factors and Contagion in Commodity Markets and Stocks Markets Khaled GUESMI, Stephane GOUTTE World Scientific 01/2020