Affiliate Research Fellow
2003: Ph.D., Business Administration (Financial Econometrics), Université du Québec à Montréal (UQAM), Montréal, Canada
1993: M.Sc., Economic Sciences, (Econometrics), Université de Montréal, Montréal, Canada
1991: B.Sc., Economic Sciences, (Quantitative Economics), Université de Montréal, Montréal, Canada
Quantitative Finance, Financial Econometrics
Financial Modeling, Real Option Analysis
Phone: +33 1 5363 3600
Campus: Paris, Nice
Professor Racicot is professor of finance and econometrics at the Telfer School of Management, University of Ottawa, Canada. Previously, he taught quantitative finance and financial econometrics at the ESG-UQAM for several years (1999-2005). He was subsequently recruited by the Department of administrative sciences of the Université du Québec en Outaouais (UQO) where he taught finance from 2005 to 2012 and was head of the MBA in financial services and the DESS in finance from 2007 to 2012. He is also one of the principal architects of the new M.Sc. in financial economics offered by UQO. In addition, he is frequently invited to teach financial modeling and real option analysis at several universities.
He is also an advisory board member of the financial journal: Aestimatio, the IEB International Journal of Finance. He is also a member of the editorial board of the following journals: Journal of Asset Management (JAM), Journal of Derivatives & Hedge Funds (merged with JAM) and Review of Economics & Finance. He is a member of the GReFA (Groupe de recherche en finance appliquée), University of Sherbrooke; CPA-Canada Accounting and Governance Research Centre and a research associate at the Corporate Reporting Chair, ESG-UQAM, and a Research fellow at IPAG Business School, Paris, France. He has published several books in quantitative finance and financial econometrics used both by financial practitioners and universities, at the undergraduate and graduate level. Professor Racicot has published several articles in academic journals including: Applied Economics, Applied Financial Economics, Applied Economics Letters, Economics Letters, Finance (AFFI), Journal of the American Medical Association, Journal of Asset Management, Journal of Banking and Finance, Journal of Derivatives & Hedge Funds, Journal of Forecasting, Journal of Wealth Management, La Revue des Sciences de Gestion, Managerial Finance, Aestimatio-IEB, Int Adv Econ Res, and the Atlantic Economic Journal. His articles received the Best Paper Award in two international conferences.
Mesly, O. and Racicot, F.E. 2018. Heteroscedasticity of deviations in market bubble moments – how the goods and bads lead to the ugly. Applied Economics, In press.
Racicot, F.E. and Rentz, W.F. 2018. Does Illiquidity Matter? An Errors-in-Variables Perspective. Estudios de Economia Aplicada, 36(1): 251-262.
Racicot, F.E., Rentz, W.F., 2017, “A panel data robust instruments approach: a test of the new Fama-French five factor model”. Applied Economics Letters, 24(6):410-416.
Mesly, O., Racicot, F.E., 2017, “A stylized model of home buyers’ and bankers’ behaviors during the 2007-2009 US subprime mortgage crisis: A predatory perspective”. Applied Economics, 49(9):915-928.
Racicot, F.E., Rentz, W.F., Kahl, A.L., 2017, “Rolling Regression Analysis of the Market, Fama-French, and Pástor-Stambaugh Models: Evidence from Robust Instruments”. International Advances in Economic Research, 23(1):75-90.
Belhachemi, R., Rostan, P., Racicot, F.E., 2017, “Yield Curve Forecasting with the Burg Model”. Journal of Forecasting, 36(1):91-99.
Racicot, F.E., Théoret, R., Calmès, C., 2016, “La titrisation au aux États-Unis et au Canada”. La Revue des Sciences de Gestion, 51(280):21-34.
Racicot, F.E., Théoret, R., 2016, “Macroeconomic shocks, forward-looking dynamics, and the behavior of hedge funds”. Journal of Banking & Finance, 62:41-61, January.
Racicot, F.E., Rentz, W.F., 2016, “Testing Fama-French’s New Five-Factor Asset Pricing Model: Evidence from Robust Instruments”. Applied Economics Letters, 23(6):444-448, March.
Racicot, F.E., Théoret, R., 2016, “The asymmetrical behavior of hedge funds across the state of the business cycle: The q-factor model revisited. Finance, 37(1):51-95.
Since 2012: Associate Professor (tenured), Telfer School of Management, University of Ottawa
2007 – 2012: Director, MBA – Financial, Services and DESS – Finance Department of Administrative Sciences, Université du Québec en Outaouais
2007 – 2012: Invited Lecturer, Department of Finance, Université de Sherbrooke
2005 – 2012: Associate Professor (with tenure since 2007), Department of Administrative Sciences, Université du Québec en Outaouais
2001 – 2003: Professor (Substitute), School of Management, Université du Québec à Montréal
1999 – 2008: Lecturer, School of Management, Université du Québec à Montréal
1998: Lecturer, École des Hautes Études commerciales de Montréal (HEC)