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Hela Nammouri

Associate Professor at UCLy

Research group (8) Sustainable enterprises and organizations

hnammouri@univ-catholyon.fr

Campus Lyon - Saint Paul
10 Place des archives 69002 Lyon

Function

  • Member of the Research group (8) Sustainable enterprises and organizations, UR CONFLUENCE : Sciences et Humanités (EA1598) Lyon Catholic University

Further information

Research areas

Quantitative Finance Behavioral Finance Sciences de Gestion Sciences de Gestion

Teaching areas

Econométrie, Finance de marché Accounting Computeur science Finance

Presentation

Dr. Hela Nammouri is an Associate Professor of Finance and leads the “Green Finance & Innovation” research axis at ESDES Business School (UCLy) in Lyon, France. Her research focuses on green finance, behavioral finance, and financial markets. She has published in high‑ranking journals, including Energy Economics, Applied Economics, and the Journal of Economic Dynamics and Control. She currently serves as Associate Editor for Research in International Business and Finance (ABS2). Actively involved in the academic community, Dr. Nammouri has organized international workshops and conferences, serves on scientific committees for international conferences, guest‑edited a special issue for an ABS‑ranked journal, and reviews for top‑tier journals such as Finance Research Letters, International Review of Financial Analysis, and the International Journal of Finance & Economics. A dedicated educator, she brings genuine enthusiasm to the classroom, creating innovative and practical learning experiences tailored to diverse student needs. She regularly presents her research at national and international conferences, demonstrating a strong commitment to academic excellence and student success.
  • Scientific Publications & Communications
    • Books and coordination
      • SADEGHI, Abdorasoul, NAMMOURI, Hela, SEYED , Seyed Komail Tayebi (forthcoming). Financial Markets, Speculation, and Development. Springer Nature, 206 p.
    • Articles In Peer-Reviewed Journals
      • MOKNI, Khaled, NAMMOURI, Hela, BEN JABEUR, Sami, SAADAOUI, Foued (2025). «Clean Energy Markets: Responses to Emerging Risks and Investor Behavior». International Journal of Economics and Finance, 30, 4, 3535-3552. [+]
      • DABBOUS, Amal, AOUN, Karine, ARFI, Wissal Ben, NAMMOURI, Hela (2025). «The Impact of Environmental Policy Stringency and Economic Complexity on Nations’ Energy Transitions: The Mediating Role of FinTech Financing Energy Economics». Energy Economics, 147, 108540. [+]
      • MOKNI, Khaled, NAMMOURI, Hela, DHAOUI, Chedia, BEN JABEUR, Sami (2025). «Is a picture really worth a thousand words? Investigating the impact of investor sentiment on sustainable stocks  ». Finance Research Letters, In Press, Journal Pre-proof. [+]
      • PAKROOH, Parisa, NAMMOURI, Hela, BEN JABEUR, Sami (2025). «Energy Transition and CO2 Emissions: Fresh Insight from Low, Middle and High-Income Countries  ». Research in International Business and Finance, 76, 102880. [+]
      • GHAEMI ASL, Mahdi, BEN JABEUR, Sami, NAMMOURI, Hela, MILED, Kamel (2024). «Dynamic connectedness of quantum computing, artificial intelligence, and big data stocks on renewable and sustainable energy». Energy Economics, 140, 108017. [+]
      • BALLOUK, Houssein, NAMMOURI, Hela, BEN JABEUR, Sami, KHALFAOUI, Rabeh (2024). «Entrepreneurial firm creation and economic uncertainty: an explainable artificial intelligence approach». Venture Capital , Online version of record. [+]
      • GODLL, John W, NAMMOURI, Hela, SAADAOUI, Foued, BEN JABEUR, Sami (2023). «Carbon allowances amid climate change concerns: Fresh insights from wavelet multiscale analysis». Finance Research Letters, 55, Part A, 103871. [+]
      • NAMMOURI, Hela, BEN JABEUR, Sami, CHLIBI, Souhir (2023). «Nonlinear nexus between infectious diseases and tourism». Current Issues in Tourism, 27, 11, 1700-1716. [+]
      • NAMMOURI, Hela, CHLIBI, Souhir, LABIDI, Oussama (2022). «Co-movements in sector price indexes during the COVID-19 crisis: Evidence from the US». Finance Research Letters, 46/A, 102295. [+]
      • KHALFAOUI, Rabeh, NAMMOURI, Hela, LABIDI, Oussama, BEN JABEUR, Sami (2021). «Is the COVID-19 vaccine effective on the US financial market?». Public Health, 198, 177-179. [+]
      • JAWADI, Fredj, NAMMOURI, Hela, FTITI, Zied (2018). «An analysis of the effect of investor sentiment in a heterogeneous switching transition model for G7 stock markets». Journal of Economic Dynamics and Control, 91, 469-484. [+]
      • NAMMOURI, Hela, JAWADI, Fredj, FTITI, Zied, HACHICHA, Néjib (2018). «Threshold effect in the relationship between investor sentiment and stock market returns: a PSTR specification». Applied Economics, 50, 5, 559-573. [+]
    • Chapters
      • MASMOUDI, Souhir, NAMMOURI, Hela (2021). «Investors' Heterogeneity and Interaction: Towards News Modeling Tools». In : Zopounidis, Constantin, Benkraiem, Ramzi, Kalaitzoglou, Iordanis (dir.), Financial Risk Management and Modeling. Springer Publishing, 235-265. [+]
    • Presentations at Symposiums
      • Conference paper
        • LOUKIL, Sahar, MECHRI, Nesrine, NAMMOURI, Hela, JERIBI, Ahmed. «From Cryptos to Smart Indices: Mapping Dynamic Risk and Hedging across Bitcoin, Gold, AI, and ESG». Afrimed Finance Society Conference, University of valencia, July 2025, Valencia, Spain.
        • PAKROOH, Parisa, BEN JABEUR, Sami, NAMMOURI, Hela. «Assessing the CO2 Emissions: Insight from Varied Income Groups». Workshop on Recent Trends and New Developments in Sustainable, Green, and International Finance, IÉSEG School of Management, May 2024, Paris, France.
        • NAMMOURI, Hela, BEN JABEUR, Sami, GHAEMI ASL, Mahdi, MILED, Kamel. «Dynamic Connectedness of Quantum Computing, and Artificial Intelligence on Renewable and Sustainble Energy». The International Conference on Sustainability, Environment, and Social Transition in Economics and Finance, Southampton Business School, December 2023, Southampton, UK, United Kingdom.
        • NAMMOURI, Hela, GOODELL, John W, BEN JABEUR, Sami, BALLOUK, Houssein. «Nonlinear relationship between climate change risks and green stock index returns: A threshold switching transition specification». 6th International Conférence Entrepreneurship for Sustainability & Impact (ESI), Université du Qatar, October 2023, Doha, Qatar.
        • NAMMOURI, Hela, MOKNI, Khaled, SAADAOUI, Foued, BEN JABEUR, Sami. «Navigating Uncertainty in the Age of Novel Risks: Investigating Investor Behavior and Clean Energy Markets Responses to Emerging Threats». The 4th Financial Economics Meeting (FEM), EDC PARIS, June 2023, PARIS, France.
        • NAMMOURI, Hela, BEN JABEUR, Sami, GOODELL, John W, BALLOUK, Houssein. «Climate change concerns and stock market returns». International Conference on Sustainability, Environment, and Social Transition in Economics and Finance (SESTEF), Université de Paris-Saclay, December 2022, Paris, France.
        • NAMMOURI, Hela, BALLOUK, Houssein, BEN JABEUR, Sami, KHALFAOUI, Rabeh. «The effect of COVID-19 on new firm creation: Evidence from France». 5th International Workshop on Financial Markets and Nonlinear Dynamics (FMND), Paris, France. International Association for Applied Econometrics, June 2021, Paris, France.
        • NAMMOURI, Hela. «Threshold effects in the relationship between investor sentiment and stock market returns by panel smooth transition approach». International Conference on Applied Business and Economics (ICABE), September 2016, Paris, France.
        • NAMMOURI, Hela. «Threshold effect in the relationship between investor sentiment and stock market returns by panel smooth transition approach». 4th International Symposium in Computational Economics and Finance (ISCEF), April 2016, Paris, France.
        • NAMMOURI, Hela. «On the Linkages between Stock market Returns and Investor’s Behavior Using STR Models». 2nd International Workshop on Financial Markets and Nonlinear Dynamics (FMND), June 2015, Paris, France.
  • Scientific valorisation and dissemination of knowledge
    • Products with a Didactic and/or Practical Purpose
      • Articles
        • BEN JABEUR, Sami, NAMMOURI, Hela (2025). «Comment l’IA, les Big data et l’informatique quantique redessinent les marchés de l’énergie». Management & Data Science. [+]
        • NAMMOURI, Hela, BEN JABEUR, Sami (2025). «Comment le revenu des pays façonne la crise climatique mondiale ?». Observatoire Action Sociétale Action publique. [+]
      • Conferences and educational or professional interventions
        • NAMMOURI, Hela. «Modeling stock market returns exposure to investor sentiment: use of Smooth Transition Regression models». 4th conference BPF PhD Camp, April 2015, Evry, France.
    • Popular Science
      • Articles
        • BEN JABEUR, Sami, NAMMOURI, Hela (2024). «Le marché du Carbone face aux Enjeux Climatiques». Observatoire Action Sociétale Action publique. [+]
  • Scientific Collaborations
    • Member of research laboratories
      • Since 2020, Member of the Research group (8) Sustainable enterprises and organizations, UR CONFLUENCE : Sciences et Humanités (EA1598), UCLy, France
    • Involvement in scientific groups and learned societies
      • Since 2025, Member of the Scientific committee, AfriMed Finance Society
  • Editorial Activities
    • Participation in editorial committees
      • 2025 : Guest editor in the special issue "Institutional Quality, Climate Risks, and Environmental Transition in International Business and Finance", Research in International Business and Finance
      • Since 2024, Associate editor, Research in International Business and Finance
  • Diplomas
    • 2017, Doctorat en Sciences de Gestion, Essays on Stock Market Returns' Exposure to Investor Sentiment using Time-Series and Panel Switching Regime Models, Université d'Évry-Val-d'Essonne, France
  • Pedagogical activities and responsabilities
    • Since 2022, , ESDES, France
    • 2018 - 2019 Faculty researcher, Sorbonne Université, France
  • Languages
    • French - Able to teach
    • English - Able to teach