Ariane Szafarz

  • PhD in Mathematics, Université Libre de Bruxelles (ULB)
  • Professor of finance at the Solvay Brussels School of Economics and Management (SBS-EM), ULB
  • Co-Director of the Centre for European Research in Microfinance (CERMi)

Ariane Szafarz’s recent research focuses on gender and intersectional discrimination in the credit market, mission drift in social enterprises, and precautionary liquidity in workplace saving plans.

Teaching

  • Financial Markets | BA 3, Economics
  • Mathematical Models in Finance (MA 1&2)
  • Advanced Topics in Financial Theory (Doctoral Program, jointly taught with Prof. Kim Oosterlinck)
  • Internships (Specialized Master Program in Microfinance)
More Informations

Latest scientific publications

Forthcoming | Cozarenco, A., A. Szafarz

Financial Inclusion in Developed Countries: Gender Gap or Poverty Trap?, in Hartarska, V. and R. Cull (Eds.) Handbook of Microfinance, Financial Inclusion and Development, Edward Elgar Publishing

Gender

Forthcoming | Cornée, S., A. Cozarenco, A. Szafarz

The Changing Role of Banks in the Financial System: Social versus traditional banks, in F. Pasiouras, M. Tasiou, C. Zopounidis, and C. Gaganis (Eds.), Sustainable Finance and ESG: risk, management, regulations, and implications for financial institutions, Palgrave Macmillan (series "Studies in banking and financial institutions").

Financial market

Forthcoming | Cozarenco, A., V. Hartarska, A. Szafarz

Subsidies to microfinance institutions: How do they affect cost efficiency and mission drift ?, Applied Economics

Articles in Journals

Forthcoming | Cornée S., M. Jegers, A. Szafarz

Feasible Institutions of Social Finance: A Taxonomy, Journal of Institutional and Theoretical Economics

Articles in Journals

2022 | Brière, M., J. Poterba, A. Szafarz

Precautionary Liquidity and Retirement Saving, American Economic Review P&P, 112, 147–150

Articles in Journals

Portfolio management

Corporate finance

+ More publications