Research & Expertise

Vincent Fardeau, ICEF Associate Professor, has published his paper "Asymmetric Thin Markets" in the Journal of Financial Economics (JFE); the printed version appeared this month. This milestone coincides with another significant development: Vincent has successfully completed his major academic review and received tenure. In this interview, Vincent discusses the story behind the paper, the meaning of "asymmetric thin markets," the long road from his first breakthrough insight to final acceptance, and his advice for young scholars aiming for the top-tier journals.

On June 4, 2026, the International College of Economics and Finance (ICEF) at HSE University hosted the Joint ICEF-NES Workshop in Finance organized by the International Laboratory of Financial Economics. The workshop took place in a hybrid format, bringing together offline participants on the HSE campus at 11 Pokrovsky Boulevard and online attendees. The Workshop featured four topical research presentations, covering a wide range of issues from the role of the financial system in China's economic growth to the theory of corporate governance.

We are delighted to invite you to the Joint ICEF-NES Workshop in Finance, taking place on June 4, 2026.

October 10, 2025 ICEF held the Seventh ICEF International Conference on Applied Economics at the Higher School of Economics in Moscow. The conference was held in offline format with the participation of researchers from leading Russian and foreign universities, which contributed to the exchange of ideas among academics doing state-of-the-art research on applied economics including industrial organization, the economics of education and labour, environmental economics and energy transition, empirical analysis of legal institutions and corporate governance.

On March 26, the 14th Research Seminar on Economic Studies titled “Bank Lending: Trends, Risks, and New Opportunities” was held at the International College of Economics and Finance (ICEF) of the National Research University Higher School of Economics (HSE University). The event was organized jointly by the Bank of Russia, the New Economic School (NES), and HSE University. The seminar gathered participants from the Bank of Russia, Sberbank, T-Bank, as well as professors from leading universities in Russia, the United States, China, and the Netherlands, and representatives from the banking and analytical communities. Audiences across Russia, Belarus, Kazakhstan, and the Republic of Sakha (Yakutia) tuned in to the expert discussions. Key topics included the development of the banking sector, environmental factors in lending, the impact of managerial competencies on loan quality, prudential regulation and financial stability, and credit risks and strategies.