Brahim GAIES
Finance, Audit, Accounting and Control
Permanent
Presentation
Biography
Brahim Gaies is an Associate Professor in Economics and Finance at ICN Business School Paris, France. Previously, he taught at universities and business schools in France and abroad. He gave numerous modules in Micro- and Macroeconomics, Statistics, Econometrics, as well as Corporate Finance and Financial Markets.
His research interests revolve around globalization and development economics, financial instability and crises, and also comprise financial econometrics as well as applied entrepreneurship in macroeconomics. His research is mainly conducted with quantitative methods and favors interdisciplinary approaches (economics, finance, entrepreneurship, as well as history of economic thought).
Brahim Gaies holds a PhD in Economics from the University of Paris Nanterre. In June 2024, he defended his habilitation thesis at the University of Lille, enabling him to supervise doctoral research (Habilitation à diriger des recherches, HDR), and he is qualified as a "Professeur des Universités" (Full Professor in public higher education) by the French University Council.
Degrees and Training
| Year | Title | Institution | Country |
|---|---|---|---|
| 2024 | Eligibility to Supervise Doctoral Research (HDR), Business Administration | IAE Lille | France |
| 2018 | PhD – Economics | Université Paris 10 Nanterre | France |
| 2013 | Master – Economics | Institut des Hautes Etudes Commerciales, Université de Carthage | Tunisia |
| 2011 | Master – Economics | Université de Tunis | Tunisia |
Courses Taught
| Year | Title | Country | Institution |
|---|---|---|---|
| 2025 | Typology of financial markets | France | ICN Business School |
| 2025 | Typology of financial markets | France | ICN Business School |
| 2025 | Typology of financial markets | France | ICN Business School |
| 2025 | Pricing Analysis of Financial Assets | France | ICN Business School |
| 2025 | Pricing Analysis of Financial Assets | France | ICN Business School |
| 2025 | Méthodologie de la recherche | France | ICN Business School |
| 2024 | International Economics | France | IPAG Business School |
| 2020 | Economic Conditions | France | IPAG Business School |
| 2020 | Economic Conditions | France | IPAG Business School |
| 2019 | Questions socio-économiques et développement durable | France | IPAG Business School |
| 2017 | Méthodologie de recherche | France | IPAG Business School |
| 2017 | Statistics | France | IPAG Business School |
| 2017 | Corporate finance | France | IPAG Business School |
| 2017 | Macroeconomics | France | Université Paris 8 Vincennes St Denis |
| 2015 | Macroeconomics | France | Université Paris 10 Nanterre |
| 2015 | Microeconomics | France | Université Paris 10 Nanterre |
| 2015 | Econometrics | France | Université Paris 10 Nanterre |
| 2015 | Financial theory | France | Université Paris 10 Nanterre |
| 2015 | Portfolio management | France | Université Paris 10 Nanterre |
| 2014 | International finance | France | IÉSEG School of Management |
| 2014 | Microeconomics | France | ESSCA |
| 2012 | Statistics | Tunisia | Université de Tunis |
| 2012 | Macroeconomics | Tunisia | Université de Tunis |
| 2012 | Microeconomics | Tunisia | Université de Tunis |
Research Interests
- Corporate Social Responsibility
- Sustainable Development
- Econometrics
- Development and transition economics
- Economie Financière
- International and monetary economics
- Finance and Insurance
- History of Economic thought
- Macroeconomics
Publications
| Year | Type | Reference |
|---|---|---|
| 2026 | Journal article | GAIES, B., M. G. BRUNA, “US Climate Shocks: The Double Risk for the Global Financial Stability”, Journal of Forecasting, February 2026 |
| 2026 | Journal article | GAIES, B., N. CHAÂBANE, N. ARFAOUI, J.-M. SAHUT, “Crypto-Climate Dynamics: Unveiling the Link Between Environmental Attention and Market Uncertainties Through Time-Frequency Quantile Analysis”, International Journal of Finance and Economics, February 2026 |
| 2026 | Journal article | MUHAMMAD NAVEED, M., B. GAIES, M. I. SINDHU, J.-M. SAHUT, “Navigating Energy Market Uncertainty: Return Transmission and Portfolio Implications of Energy Futures and Derivative Tokens”, Research in International Business and Finance, March 2026 |
| 2025 | Journal article | GAIES, B., N. CHAÂBANE, O. A. ADEOSUN, J.-M. SAHUT, “Climate transition risks, ESG sentiment and market value: Insights from the European stock market”, Energy Economics, August 2025, vol. 148, no. 108605 |
| 2025 | Journal article | GAIES, B., “Asymmetric Effects of Tariffs on Stock Prices: Evidence from the US”, Economics Letters, September 2025, vol. 255, no. 112527 |
| 2025 | Journal article | GAIES, B., “Sino-American spillovers in climate policy uncertainty and financial instability: A time-varying quantile network analysis”, Journal of Environmental Management, June 2025, vol. 386, pp. 125746 |
| 2025 | Journal article | GAIES, B., M. VESCI, C. CRUDELE, A. CALABRÒ, A. MAALAOUI, “How does institutional quality influence opportunity entrepreneurship? A panel data analysis of OECD countries”, Journal of Business Research, April 2025, vol. 192, pp. 115291. |
| 2025 | Journal article | GAIES, B., “Risky finance, riskier climate: when financial instability meets climate risks on the bridge of sustainability uncertainty”, North American Journal of Economics and Finance, September 2025, vol. 80, pp. 102492 |
| 2025 | Journal article | GAIES, B., M. VESCI, C. CRUDELE, A. CALABRÒ, A. MAALAOUI, “Panta Rhei! Disentangling the temporal dynamics of nascent and future entrepreneurship”, International Entrepreneurship and Management Journal, October 2025, vol. 21, no. 5 |
| 2025 | Journal article | GAIES, B., “Exploring the time-varying predictability of global financial instability over the last two decades: the influence of climate change news”, Journal of Economic Studies, June 2025, vol. 52, no. 5, pp. 904-918 |
| 2024 | Journal article | GAIES, B., S. NAKHLI, N. ARFAOUI, “Crypto resource management: solving the puzzle of bitcoin mining and climate policy uncertainty”, Journal of Risk Finance, December 2024, vol. 26, no. 2, pp. 272-294 |
| 2024 | Journal article | NAKHLI, S., B. GAIES, W. HEMRIT, J.-M. SAHUT, “Twenty-year tango: Exploring the reciprocal influence of macro-financial instability and climate risks”, Journal of Economic Behavior and Organization, April 2024, vol. 220, pp. 717-731 |
| 2024 | Journal article | GAIES, B., “In search of lost social finance: How do financial instability and inequality interact?”, Research in International Business and Finance, October 2024, vol. 72, pp. 102523 |
| 2024 | Journal article | GAIES, B., S. NAKHLI, J.-M. SAHUT, “Unravelling the Complex Interactions Between Sentiment of Uncertainty and Foreign Capital Flows: Evidence from Brazil and South Korea”, Economic Modelling, December 2024, vol. 141, pp. 106913 |
| 2024 | Journal article | GAIES, B., N. CHAÂBANE, N. ARFAOUI, J.-M. SAHUT, “On the resilience of cryptocurrencies: A quantile-frequency analysis of bitcoin and ethereum reactions in times of inflation and financial instability”, Research in International Business and Finance, 2024, vol. 72, pp. 102302 |
| 2024 | Journal article | GAIES, B., N. CHAÂBANE, N. BOUZOUITA, “Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability”, Quarterly Review of Economics and Finance, February 2024, vol. 93, pp. 43-70 |
| 2023 | Journal article | GAIES, B., N. CHAÂBANE, “The dance of dependence: A macro-perspective on financial instability and its complex influence on the Euro-American green markets”, Journal of Economic Studies, July 2023, vol. 51, no. 3, pp. 546-568 |
| 2023 | Journal article | GAIES, B., D. NAJAR, A. MAALAOUI, S. KRAUS, A. EL TARABISHY, “Does financial development really spur nascent entrepreneurship in Europe?—A panel data analysis”, Journal of Small Business Management, June 2023, vol. 61, no. 6, pp. 2440-2487 |
| 2023 | Journal article | GAIES, B., S. NAKHLI, J.-M. SAHUT, D. SCHWEIZER, “Interactions Between Investors’ Fear and Greed Sentiment and Bitcoin Prices”, North American Journal of Economics and Finance, July 2023, vol. 67, pp. 101924 |
| 2023 | Journal article | GAIES, B., R. FEOLA, M. VESCI, A. MAALAOUI, “Investigating the relationship between women’s entrepreneurship and country-level innovation: evidence from a panel of OECD countries”, International Journal of Entrepreneurial Behaviour and Research, June 2023, vol. 29, no. 7 |
| 2023 | Journal article | KANZARI, D., S. NAKHLI, B. GAIES, J.-M. SAHUT, “Predicting macro-financial instability–How relevant is sentiment? Evidence from long short-term memory networks”, Research in International Business and Finance, April 2023, vol. 65, pp. 101912 |
| 2023 | Journal article | GAIES, B., “Banking Sector Openness, a Path to Social Responsibility? Evidence from Southern European Banks”, Economics and Business Letters, December 2023, vol. 12, no. 4, pp. 284-295 |
| 2019 | Journal article | GAIES, B., S. GOUTTE, K. GUESMI, “What interactions between financial globalization and instability?—growth in developing countries”, Journal of International Development, January 2019, vol. 31, no. 1, pp. 39-79 |