Dr Olivier Accominotti

Research interests

• Monetary and financial history of the 19^th and 20^th centuries;
• International financial instability during the Great Depression;
• Financial crises and contagion.

I am currently an Associate Professor of Economic History at the London School of Economics and a CEPR Research Affiliate. My research interests are in the history of money and finance, especially the international propagation of financial crises, the determinants of global capital flows, the political economy of exchange rate policies and the effect of political institutions on countries’ access to capital markets. My current projects aim at better understanding the causes of international financial stability during the Great Depression and at exploring the evolution of currency markets and currency trading in the twentieth century.  

My research papers can be found here (http://ideas.repec.org/e/pac67.html) and here (http://www.cepr.org/active/publications/discussion_papers/authorlist.php?ident=163833)

You can find short summaries of my research at:

• http://www.voxeu.org/person/olivier-accominotti

 

 

•  Office: SAR5.14 (Sardinia House)
• Tel: +44 (0)20 7955 6773
• Email:  o.accominotti@lse.ac.uk
• CV (pdf)

 

Current teaching

• Currently on leave (2015-6)

 

 

• “Foreign Exchange Reserves, Financial Instability and Contagion: Three Essays on the Great Depression”, Dissertation Summary, The Journal of Economic History, vol. 72(2), pp. 469-473 (June 2012).
• “London Merchant Banks, the Central European Panic and the Sterling Crisis of 1931”, The Journal of Economic History, vol.72(1), pp. 1-43 (March 2012).
• “The Spread of Empire: Clio and the Measurement of Colonial Borrowing Costs” (with Marc Flandreau and Riad Rezzik), The Economic History Review, vol. 64: 2 (May 2011), pp. 385-407.
• “Black Man's Burden, White Man’s Welfare: Control, Devolution and Development in the British Empire, 1880-1913” (with Marc Flandreau, Riad Rezzik and Frédéric Zumer), European Review of Economic History, vol. 14:1 (April 2010), pp. 47-70.
• “The Sterling Trap: Foreign Reserves Management at the Bank of France, 1928-1936”, European Review of Economic History, vol. 13:3 (December 2009), pp. 349-376.
• “Bilateral Treaties and the Most-Favored Nation-Clause: The Myth of Trade Liberalization in the Nineteenth Century” (with Marc Flandreau), World Politics, vol. 60:2 (January 2008), pp. 147-188.

Working papers

• “Out-of-Sample Evidence on the Returns to Currency Trading” (with David Chambers).
• “The Mother of All Sudden Stops: Capital Flows and Reversals in Europe, 1919-1932” (with Barry Eichengreen), NBER Working Paper No 19580.
• “Asymmetric Propagation of Financial Crises During the Great Depression”, July 2011 (paper attached).

Other writings

• “Book Review of T. Straumann, Fixed Ideas of Money: Small States and Exchange Rate Regimes in Twentieth-Century Europe”, Financial History Review, vol. 18(3), pp. 362-364 (December 2011).
• “Book Review of H. James, The Creation and Destruction of Value: The Globalization Cycle”, The Economic History Review, vol. 63:4 (November 2010), pp. 1207-1208.
• “Book Review of J-P.Dormois, La Défense du Travail National: L'incidence du protectionnisme sur l'industrie en Europe, 1880-1914,  The Economic History Review, vol. 62 :4 (November 2009), pp. 1030-1032.

Other

• Treasurer and Trustee, European Historical Economics Society, 2013-Present.
• Member of Editorial Board, Financial History Review, 2013-Present.

 

 

 

• Business Life article on my research on John Maynard Keynes’ FX trading (with David Chambers)
• Paul Krugman’s New York Times blog comments on my research on international capital flows.
• VoxEU column “Mother of All Sudden Stops” (with Barry Eichengreen), September 2013.
• SkyNews interview on the Euro Crisis (November 2011).
• Sueddeutsche Zeitung article on my research on France’s “Sterling Trap”, May 2010.
• Daily Telegraph article on my research on France’s “Sterling Trap”, June 2009.
• VoxEU column “China's Syndrome : The `Dollar Trap’ in Historical Perspective”, April 2009.