Board of Governors of the Federal Reserve System

Principal Economist
Global Capital Markets section
Division of International Finance

hedi.benamar@mailhec.com

Market Microstructure, Natural Language Processing, Alternative Data

Ph.D. in Finance
HEC Paris 2009-2014

M.Sc. in Quantitative Finance (with honors)
University Paris Dauphine 2009

M.Sc. in Finance (Grande Ecole)
HEC Paris 2005-2008

Research

Central Bank Communication Choices: Adverse selection, Volatility and Liquidity in a Market with Fast and Slow Traders with Alain Chaboud and Clara Vega
SSRN Working Paper

Demand for Information, Macroeconomic Uncertainty, and the Response of U.S. Treasury Securities to News with Thierry Foucault and Clara Vega
The Review of Financial Studies (June 2020)

To See is To Know: Simultaneous Display of Market Data for Retail Investors
Review of Finance (March 2019)

Which News Moves Markets? A Machine Learning Approach