![](https://neoma-bs.com/sites/default/files/uploaded_images/profs-neoma_0.png)# GIMENEZ ROCHE Gabriel { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://neoma-bs.com/" }, { "@type": "ListItem", "position": 2, "name": "GIMENEZ\u0020ROCHE\u0020Gabriel", "item": "https://neoma-bs.com/node/8536.md" } ] } - [Home](https://neoma-bs.com/) - GIMENEZ ROCHE Gabriel ![](/sites/default/files/styles/large/public/uploaded_images/photos_academ/3334-gimenez-roche-gabriel.jpg?itok=z9gHxDVD)GIMENEZ ROCHE Gabriel Associate Professor Head of department - About - Academic publications [Finance](https://neoma-bs.com/departements/finance) PhD, Economics Gabriel A. Giménez Roche is an Associate Professor of Economics at NEOMA Business School. He teaches macroeconomics, cycle theory, and entrepreneurial processes in undergraduate and graduate programs. He has a keen interest on macroeconomic subjects that he comments on in the French and international press. His research focuses on malinvestment theory, economic zombification, and entrepreneurial routines. Gabriel's research has been published in Small Business Economics, The World Economy, Journal of Economic Issues, among others. He is a member of the American Economic Association and the Royal Economic Society. ### Areas of research - Entrepreneurship process theory - Business cycles - Artifactual fit - Malinvestment - Market routines - Zombification ## Recent academic contributions GIMENEZ ROCHE, G., A. NOEL, L. SAUCE, "Bitcoin trade volume in decentralized markets: International evidence", *Technological Forecasting and Social Change*, May 2025, vol. 214 DOI : [ 10.1016/j.techfore.2025.124054 ](https://dx.doi.org/10.1016/j.techfore.2025.124054) CHIBANE, M., G. GIMENEZ ROCHE, S. OUZAN, "Durable goods, rare disasters, and the value premium", *The European Journal of Finance*, September 2025 DOI : [ 10.1080/1351847X.2025.2555859 ](https://dx.doi.org/10.1080/1351847X.2025.2555859) GIMENEZ ROCHE, G., A. GABRIEL, "The distorted entrepreneurial decision-making of zombie firms", *Managerial and Decision Economics*, April 2024, vol. 45, no. 3, pp. 1230-1241 DOI : [ 10.1002/mde.4065 ](https://dx.doi.org/10.1002/mde.4065) ## Publications GIMENEZ ROCHE, G., A. NOEL, L. SAUCE, "Bitcoin trade volume in decentralized markets: International evidence", *Technological Forecasting and Social Change*, May 2025, vol. 214 DOI : [ 10.1016/j.techfore.2025.124054 ](https://dx.doi.org/10.1016/j.techfore.2025.124054) CHIBANE, M., G. GIMENEZ ROCHE, S. OUZAN, "Durable goods, rare disasters, and the value premium", *The European Journal of Finance*, September 2025 DOI : [ 10.1080/1351847X.2025.2555859 ](https://dx.doi.org/10.1080/1351847X.2025.2555859) GIMENEZ ROCHE, G., A. GABRIEL, "The distorted entrepreneurial decision-making of zombie firms", *Managerial and Decision Economics*, April 2024, vol. 45, no. 3, pp. 1230-1241 DOI : [ 10.1002/mde.4065 ](https://dx.doi.org/10.1002/mde.4065) CHIBANE, M., A. GABRIEL, G. GIMENEZ ROCHE, "The impact of bank money on stock market integration: evidence from the Eurozone", *The European Journal of Finance*, December 2024, vol. 30, no. 18, pp. 2137-2156 DOI : [ 10.1080/1351847X.2024.2355104 ](https://dx.doi.org/10.1080/1351847X.2024.2355104) GABRIEL, A., L. P. D. L. HORRA, G. GIMENEZ ROCHE, J. PEROTE, "Quantitative easing and correlation dynamics in the aftermath of the Great Recession: A dynamic conditional correlation with exogenous variables approach", *Bulletin of Economic Research*, October 2024, vol. 76, no. 4, pp. 994-1006 DOI : [ 10.1111/boer.12463 ](https://dx.doi.org/10.1111/boer.12463) GIMENEZ ROCHE, G., "Présidentielle en Argentine : le programme économique libertarien du candidat Javier Milei fait recette", *The Conversation*, June 2023 GIMENEZ ROCHE, G., N. JANSON, "The Central Bank Shift to Market Maker of Last Resort: The Unintended Consequences of Unconventional Monetary Policies", *Journal des Economistes et des Etudes Humaines*, June 2022, vol. 27, no. 1, pp. 1-33 DOI : [ 10.1515/jeeh-2021-0037 ](https://dx.doi.org/10.1515/jeeh-2021-0037) CHIBANE, M., A. GABRIEL, G. GIMENEZ ROCHE, "Credit booms and crisis-emergent asset comovement: The problem of latent correlation", *The Quarterly Review of Economics and Finance*, August 2022, vol. 85, pp. 270-279 DOI : [ 10.1016/j.qref.2022.03.009 ](https://dx.doi.org/10.1016/j.qref.2022.03.009) CHARLEZ, P., G. GIMENEZ ROCHE, G. KLOSSA, C. REVIENS, P.-M. SÈVE, "Macron / Le Pen : le match des grands méchants flous", *Atlantico.fr*, April 2022 GIMENEZ ROCHE, G., "Les gagnants économiques d’un programme Le Pen mis en application seraient-ils ceux qui espèrent l’être ?", *Atlantico.fr*, April 2022 GIMENEZ ROCHE, G., "Vers le pire choc sur les prix depuis 50 ans : les États ou les banques centrales ont-ils les moyens d’agir ?", *Atlantico.fr*, May 2022 GIMENEZ ROCHE, G., D. CALCEI, "The role of demand routines in entrepreneurial judgment", *Small Business Economics*, January 2021, vol. 56, pp. 209–235 DOI : [ 10.1007/s11187-019-00213-1 ](https://dx.doi.org/10.1007/s11187-019-00213-1) GIMENEZ ROCHE, G., "Phébé – États-Unis : l’immigration rapporte plus qu’elle ne coûte", *Le Point*, September 2021 GIMENEZ ROCHE, G., "Phébé – La robotisation en France, un succès en demi-teinte", *Le Point*, September 2020 GIMENEZ ROCHE, G., D.CALCEI, "Bypassing Uncertainty: Externally Enabled Routines and Entrepreneurial Judgment", *SSRN Electronic Journal*, August 2020 DOI : [ 10.2139/ssrn.3646972 ](https://dx.doi.org/10.2139/ssrn.3646972) CHIBANE, M., A.GABRIEL, G.GIMENEZ ROCHE, "Malinvestment and Crisis-Emergent Asset Comovement: The Problem of Latent Correlation", *SSRN Electronic Journal*, June 2020 DOI : [ 10.2139/ssrn.3593751 ](https://dx.doi.org/10.2139/ssrn.3593751) GIMENEZ ROCHE, G., D.CALCEI, "Routine-Based Entrepreneurship: A Recontextualization of Discovery, Creation, and Actualization", *SSRN Electronic Journal*, January 2020 DOI : [ 10.2139/ssrn.3526705 ](https://dx.doi.org/10.2139/ssrn.3526705) GIMENEZ ROCHE, G., "Après le Covid-19, La Tentation Du Jubilé Des Dettes?", *Forbes*, April 2020 GIMENEZ ROCHE, G., L. SAUCE, "Comment Réglementer Les Innovations De Rupture ? Le Cas Des Cryptomonnaies", *Forbes*, September 2020, vol. Comment Réglementer Les Innovations De Rupture ? Le Cas Des Cryptomonnaies GIMENEZ ROCHE, G., "What economic consequences can we expect to come from COVID-19?", *Open Access Government*, April 2020 GIMENEZ ROCHE, G., "Les États déficitaires plus lents à réagir face au Covid-19", *La Tribune*, March 2020 GIMENEZ ROCHE, G., "Les banques centrales prennent le risque d’une « zombification » de l’économie", *The Conversation*, March 2020 GIMENEZ ROCHE, G., "Les finances publiques saines, gages de souveraineté et réactivité face aux crises", *Atlantico.fr*, April 2020 GIMENEZ ROCHE, G., A., N.JANSON, "From conventional to unconventional monetary policies: The failure of the market-maker-of-last-resort", *World Economy*, January 2019, vol. 42, no. 1, pp. 296-317 DOI : [ 10.1111/twec.12659 ](https://dx.doi.org/10.1111/twec.12659) GIMENEZ ROCHE, G., "Bolsonaro président : voie libre au Brésil ?", *The Conversation*, January 2019 GIMENEZ ROCHE, G., "Ce que le vin doit à la mondialisation", *Le Point*, May 2019 GIMENEZ ROCHE, G., "Ce que le vin doit à la mondialisation", *Le Point*, August 2019 GIMENEZ ROCHE, G., "Phébé - Quand la hausse du smic favorise l'emploi des robots", *Le Point*, July 2019 ALOOSH, A., G.GIMENEZ ROCHE, "What impact does Brexit have on the pound?", *International Finance*, July 2019 JANSON, N., G.GIMENEZ ROCHE, "La France aux pieds d’argile", *Monde des Grandes Ecoles et Universités*, June 2019, no. 85 GIMENEZ ROCHE, G., "Phébé - Non, les migrants ne viennent pas pour les aides sociales", *Le Point*, September 2019 GIMENEZ ROCHE, G., "Y a-t-il un renouveau de l’entreprise en France ?", *Les Cahiers Français, La Documentation Française*, 2019, no. 413, pp. 40-50 GABRIEL, A., G.GIMENEZ ROCHE, "Credit Expansion and Asset Correlation: Asking for Trouble?", *SSRN Electronic Journal*, July 2019, pp. 42 DOI : [ http://dx.doi.org/10.2139/ssrn.3429020 ](https://dx.doi.org/http://dx.doi.org/10.2139/ssrn.3429020) JANSON, N., G.GIMENEZ ROCHE, "La France aux pieds d’argile", *Tribune Le Monde des Grandes Ecoles*, June 2019 GIMENEZ ROCHE, G., "Cette irresponsabilité budgétaire qui plombe l’Argentine depuis 25 ans", *The Conversation*, October 2018 GIMENEZ ROCHE, G., "Comprendre L’Élection De Bolsonaro Au Brésil", *Forbes*, October 2018 GIMENEZ ROCHE, G., "L’avenir du travail se joue aujourd’hui: vers un corpus de réformes", *Les Cahiers Français, La Documentation Française*, 2017, no. 398, pp. 8-14 LWANGO, A., R.COEURDEROY, G.GIMENEZ ROCHE, "Family influence and SME performance under conditions of firm size and age", *Journal of Small Business and Enterprise Development*, March 2017, vol. 24, no. 3, pp. 629-648 DOI : [ 10.1108/JSBED-11-2016-0174 ](https://dx.doi.org/10.1108/JSBED-11-2016-0174) GIMENEZ ROCHE, G., "Entrepreneurial ignition of the business cycle: The corporate finance of malinvestment", *The Review of Austrian Economics*, September 2016, vol. 29, no. 3, pp. 253-276 DOI : [ 10.1007/s11138-014-0298-0 ](https://dx.doi.org/10.1007/s11138-014-0298-0) GIMENEZ ROCHE, G., "The Impossibility of Entrepreneurship Under the Neoclassical Framework: Open vs. Closed-Ended Processes", *Journal of Economic Issues*, August 2016, vol. 50, no. 3, pp. 695-715 GIMENEZ ROCHE, G., J.LERMYTE, "Securitization and regulatory arbitrage within the ABCT framework", *The Review of Austrian Economics*, March 2016, vol. 29, no. 1, pp. 67-84 DOI : [ 10.1007/s11138-015-0317-9 ](https://dx.doi.org/10.1007/s11138-015-0317-9) GIMENEZ ROCHE, G., A.LWANGO, G.VUILLEMEY, "Entrepreneurial Miscalculation and Business Cycles: How Interest Rate Targeting Distorts Capital Budgeting", *Review of Political Economy*, September 2015, vol. 27, no. 4, pp. 624-664 GIMENEZ ROCHE, G., "Entrepreneurial profit-seeking: Socially-stiuating opportunity exploitation", *Industry and Innovation*, November 2011, vol. 18, no. 8, pp. 729-745 GIMENEZ ROCHE, G., "A Socially Situated Praxeological Approach to Entrepreneurship", *The Journal of Entrepreneurship*, July 2011, vol. 20, no. 2, pp. 159-187 DOI : [ 10.1177/097135571102000201 ](https://dx.doi.org/10.1177/097135571102000201) GIMENEZ ROCHE, G., "El hombre libre", *Procesos de Mercado: Revista de Economia Politica*, January 2007, vol. 4, no. 2, pp. 343-352 ## Others GIMENEZ ROCHE, G. - "L’Argentine reprend le contrôle sur les changes pour limiter la chute du peso - citation de Gimenez-Roche Gabriel-RFI" - 2019, Paris ## Chapters MOURÃO, P. R., G. GIMENEZ ROCHE, "The theory behind the pretender state and its imperfect citizens: From fiscal illusion to the logic of collective action" in *Estudos de Homenagem a José da Silva Costa*., Aurora Teixeira; Ana Paula Delgado; Luís Carvalho; Maria Isabel Mota; Maria Manueal Castro e Silva Ed., Faculdade de Economia do Porto, pp. 248-265, 2023 GIMENEZ ROCHE, G., "Financial entrepreneurship in the European state debt scheme: Institutional illusion and falsified information" in *Institutions in Crisis: European Perspectives on the Recession*., David Howden Ed., Edward Elgar Publishing, pp. 1-21, 2011 ## Conferences GIMENEZ ROCHE, G., "The need for an overarching macroeconomic theory during credit expansion" in *ISER International Conference on Current Research in Business Management, Social Science, Economics Growth, Politics & Governance (CBSSG)*, 2019, Rome, Italy GIMENEZ ROCHE, G., "Balance sheet recession or reflated trailing liquidation? Enduring malinvestment after the crisis of 2008" in *85th IAES Conference*, 2018 GIMENEZ ROCHE, G., P.BENTATA, "Assessing Modern Full Reserve Banking Reform Proposals" in *17th EEFS Conference*, 2018, London, United Kingdom GIMENEZ ROCHE, G., "Market Routines and Their Role in Product Innovation" in *5th International Annual Meeting of Sosyoekonomi Society*, 2018, Milan, Italy JANSON, N., G.GIMENEZ ROCHE, P.BENTATA , "Full reserve banking reform proposals: The wrong answer to the relevant question of the control of the money supply" in *54th Public Choice Society Annual Conference*, 2017, Cullowhee, United States JANSON, N., G.GIMENEZ ROCHE, P.BENTATA , "Full reserve banking reform proposals: The wrong answer to the relevant question of the control of the money supply" in *83rd International Atlantic Economic Association*, 2017, Berlin, Germany GIMENEZ ROCHE, G., "Business and technology paradigms: The entrepreneurial bridge” and “How do family ownership and active shareholders affect the profitability of SMEs over time?" in *IRMBAM*, 2016, Nice GIMENEZ ROCHE, G., "Entrepreneurship and business cycles: Distortion of entrepreneurial decision-making" in *IRMBAM*, 2014, Nice, France GIMENEZ ROCHE, G., "A socio-cognitive analysis of the sources and persistence of entrepreneurial uncertainty" in *International Symposium on Business and Social Sciences*, 2013, Tokyo, Japan GIMENEZ ROCHE, G., "Entrepreneurial uncertainty-bearing as a macrosocial nexus of actions" in *British Academy of Management Conference*, 2011, Birmingham, United Kingdom GIMENEZ ROCHE, G., "A Praxeological Approach to Interest, Entrepreneurship, and Factor Markets" in *Eurasian Business and Economics Society Conference*, 2010, Athens, Greece GIMENEZ ROCHE, G., "Entrepreneurship as a Tridimensional Social Position" in *Eurasian Business and Economics Society Conference*, 2010, Athens, Greece