Laurent Cavenaile

University of Toronto at Scarborough

Assistant Professor

1265 Military Trail

Scarborough, Ontario M1C 1A4

Canada

University of Toronto - Rotman School of Management

105 St. George Street

Toronto, Ontario M5S 3E6 M5S1S4

Canada

SCHOLARLY PAPERS

17

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1,833

SSRN CITATIONS
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in Total Papers Citations

49

CROSSREF CITATIONS

26

Scholarly Papers (17)

1.

Are Markups Too High? Competition, Strategic Innovation, and Industry Dynamics

Number of pages: 142 Posted: 06 Oct 2019 Last Revised: 26 Oct 2023
Laurent Cavenaile, Murat Alp Celik and Xu Tian
University of Toronto at Scarborough, University of Toronto - Department of Economics and University of Georgia - Terry College of Business - Department of Finance
Downloads 472 (117,827)
Citation 5

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innovation, markups, growth, strategic investment, industry dynamics, business dynamism

2.

Public Education Expenditures, Growth and Income Inequality

Number of pages: 63 Posted: 07 Apr 2016 Last Revised: 08 Feb 2023
Lionel Artige and Laurent Cavenaile
University of Liège and University of Toronto at Scarborough
Downloads 315 (185,400)

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Endogenous growth, human capital, inequality, occupational choice, public education expenditures

3.

The Dynamic Effects of Antitrust Policy on Growth and Welfare

Number of pages: 51 Posted: 02 Dec 2020 Last Revised: 16 Feb 2021
Laurent Cavenaile, Murat Alp Celik and Xu Tian
University of Toronto at Scarborough, University of Toronto - Department of Economics and University of Georgia - Terry College of Business - Department of Finance
Downloads 233 (251,629)
Citation 1

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antitrust policy, mergers and acquisitions, innovation, growth, social welfare.

4.

The Macroeconomics of PAYG Pension Schemes in an Aging Society

Number of pages: 22 Posted: 21 May 2014 Last Revised: 23 Aug 2014
Lionel Artige, Laurent Cavenaile and Pierre Pestieau
University of Liège, University of Toronto at Scarborough and University of Liège - Research Center on Public and Population Economics
Downloads 203 (286,373)
Citation 1

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aging, defined benefit, defined contribution, fertility, longevity, PAYG pension

5.

A Global Approach to Mutual Funds Market Timing Ability

Number of pages: 20 Posted: 11 Jun 2012
Danielle Marie Sougné, Laurent Bodson and Laurent Cavenaile
University of Liège - HEC Management School, HEC Management School - University of Liège and University of Toronto at Scarborough
Downloads 203 (286,373)
Citation 6

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Mutual fund, Market timing, market return, volatility, liquidity

6.

Stock Markets, Banks and Long Run Economic Growth: A Panel Cointegration-Based Analysis

CESifo Working Paper Series No. 4513
Number of pages: 33 Posted: 24 Dec 2013
Laurent Cavenaile, Christian Gengenbach and Franz C. Palm
University of Toronto at Scarborough, Maastricht University and University of Maastricht - Department of Economics
Downloads 106 (486,367)

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banks, stock markets, economic growth, panel cointegration, causality

7.

Climate Change, Directed Technical Change and Exhaustible Resources

Number of pages: 37 Posted: 17 Sep 2014 Last Revised: 29 Jul 2017
Laurent Cavenaile
University of Toronto at Scarborough
Downloads 85 (561,935)

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Climate change, Directed technical change, Environmental policy

8.

Advertising, Innovation and Economic Growth

Banco de Espana Working Paper No. 1902, Rotman School of Management Working Paper No. 4549066
Number of pages: 69 Posted: 25 Aug 2023
Laurent Cavenaile and Pau Roldan-Blanco
University of Toronto at Scarborough and Banco de España
Downloads 73 (613,101)
Citation 9

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endogenous growth, advertising, innovation, research and development, firm dynamics, policy

9.

Style Over Substance? Advertising, Innovation, and Endogenous Market Structure

Number of pages: 87 Posted: 15 Mar 2021 Last Revised: 05 Sep 2024
Laurent Cavenaile, Murat Alp Celik, Pau Roldan-Blanco and Xu Tian
University of Toronto at Scarborough, University of Toronto - Department of Economics, Banco de España and University of Georgia - Terry College of Business - Department of Finance
Downloads 68 (636,875)

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innovation, advertising, markups, growth, industry dynamics, misallocation, business dynamism JEL Classification: E20, M30, O30, O40

10.

A Growth Model of Global Imbalances

Number of pages: 24 Posted: 31 Jul 2012
Lionel Artige and Laurent Cavenaile
University of Liège and University of Toronto at Scarborough
Downloads 67 (641,842)

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Balance of payments, Forced saving, Global imbalances, Neoclassical growth, Overlapping generations

11.

Industry Life Cycles in General Equilibrium

Number of pages: 29 Posted: 15 Jul 2024
Laurent Cavenaile, Ruben Gaetani, Pau Roldan-Blanco and Tom Schmitz
University of Toronto at Scarborough, University of Toronto - Rotman School of Management, Banco de España and Queen Mary University of London
Downloads 8 (1,111,790)

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Industry Life Cycles, Product Innovation, Process Innovation, ICT, Technology

12.

International Trade and Innovation Dynamics with Endogenous Markups

CEPR Discussion Paper No. DP17083
Number of pages: 69 Posted: 29 Mar 2022
Laurent Cavenaile, Pau Roldan-Blanco and Tom Schmitz
University of Toronto at Scarborough, Banco de España and Queen Mary University of London
Downloads 0 (1,200,252)
Citation 4
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Innovation, international trade, Markups

13.

A Note on the Use of the Modified Value-at-Risk

Journal of Alternative Investments, Forthcoming, https://doi.org/10.3905/jai.2012.14.4.079
Posted: 21 May 2019
Laurent Cavenaile and Thomas Lejeune
University of Toronto at Scarborough and University of Liège

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Value-at-Risk, Cornish-Fisher, Modified Value-at-Risk, Consistency

14.

Unexpected Correlations in Fama-Macbeth Methodology Outcomes

The IUP Journal of Financial Economics, Vol. IX, No. 1, pp. 7-23, March 2011
Posted: 25 Jul 2011
Laurent Cavenaile, David Dubois and Jaroslav Hlávka
University of Toronto at Scarborough, University of Liège - Economics, Business Administration and Social Sciences and Charles University in Prague

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15.

Does Size Affect Mutual Fund Performance? A General Approach

Journal of Asset Management, Forthcoming
Posted: 12 Feb 2011
Laurent Bodson, Laurent Cavenaile and Danielle Marie Sougné
HEC Management School - University of Liège, University of Toronto at Scarborough and University of Liège - HEC Management School

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Mutual funds, Performance, Size, Assets under Management

16.

An Empirical Analysis of Income Convergence in the European Union

Applied Economics Letters, Forthcoming
Posted: 25 Apr 2010 Last Revised: 09 Feb 2016
Laurent Cavenaile and David Dubois
University of Toronto at Scarborough and University of Liège - Economics, Business Administration and Social Sciences

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Economic Growth, Convergence, European Union, Panel Approach

17.

The Impact of Illiquidity and Higher Moments of Hedge Fund Returns on Their Risk-Adjusted Performance and Diversification Potential

Journal of Alternative Investments, Forthcoming
Posted: 17 Nov 2009 Last Revised: 19 Feb 2011
Laurent Cavenaile, Alain Coen and Georges Hübner
University of Toronto at Scarborough, Université du Québec à Montréal (UQÀM) - Graduate School of Business (ESG) and HEC Liège

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Illiquidity, Non-Gaussian returns, Hedge fund performance, Modified Value-at-Risk, Portfolio diversification