Thepthida Sopraseuth 

Professor of Economics at the University of Cergy-Pontoise, THEMA

Research fellow at CEPREMAP

Contact information

CV and Published work (english version) (version française)

Research / Working papers

Teaching / Enseignement


My RePEc page


Research Interests

  • International macroeconomics, Exchange rate dynamics
  • Labor market dynamics : Life-cycle, Retirement behavior, Entrepreneurship, Job Polarization
  • Macroeconomic impact of financial frictions
  • Bounded rationality (learning and imperfect information)

My RePEc page



Contact information

THEMA, Université de Cergy-Pontoise

UFR d’Economie et Gestion
33, boulevard du Port
95011 Cergy-Pontoise Cedex. France

Thepthida.Sopraseuth (at)

Back to the top of the page




Published work


  • Unemployment Fluctuations over the Life-Cycle, avec J.O. Hairault (PSE) and François Langot (GAINS, PSE, IZA and Cepremap), Journal of Economic Dynamics and Control, forthcoming

·       Welfare Cost of Fluctuations: when Labor Market Search Interacts with Financial Frictions, with François Langot and Eleni Iliopulos (EPEE), Journal of Money, Credit and Banking, forthcoming

·       Distributional Effects of Social Security Reforms: the Case of France, with R. Fonseca (ESG UQAM, CIRANO, and RAND), Canadian Journal of Economics, forthcoming

·       The Cyclicality of the Separation and Job Finding Rates in France, with J.O. Hairault and T. Le Barbanchon (Bocconi), European Economic Review, Vol. 76, May 2015, p. 60–84

·       Job polarization in aging economies, with E. Moreno-Galbis (AMSE), Labour Economics, 2014, 27, p. 44-55, April. web appendix (Nov. 2013)

·       Optimal unemployment insurance for older workers, Journal of Public Economics, with J.O. Hairault (PSE, IZA and Cepremap), S. Ménard (GAINS) and F. Langot, 2012, 96, p. 509-519

·       Business Cycle Comovement and Labor Market Institutions: An Empirical Investigation, Review of International Economics, with Raquel Fonseca (UQAM) and Lise Patureau (Paris-Dauphine, LEDa-DIAL). Data (stata format), Data description, 2010, 18(5), p. 865 - 881

·       Distance to Retirement and Older Workers' Employment:The Case For Delaying the Retirement Age, Journal of the European Economic Association, with J-O Hairault and F Langot, 2010, vol 8(5), September

·       Divergence in Labor Market Institutions and International Business Cycles, Annales d'Economie et Statistique, 2009, 95-96, p. 279-314, with Raquel Fonseca (UQAM) and Lise Patureau (Paris-Dauphine, LEDa-DIAL).

·       Quantifying the Laffer Curve on the Continued Activity Tax in a Dynastic Framework, International Economic Review, 2008, vol. 49 (3), p. 755 - 797, With François Langot and Jean-Olivier Hairault

·       Limited Participation and Exchange Rate Dynamics : Does Theory Meet the Data?, Journal of Economic Dynamics and Control, 2008, 32, p. 1041-1087, With Frédéric Karamé (GAINS) and Lise Patureau (Paris-Dauphine, LEDa-DIAL)

·       Entrepreneurship, wealth, liquidity constraints and start-up costs, Comparative Labor Law and Policy Journal, 2007, 28 (4), Summer issue, with R Fonseca (UQAM) and PC Michaud (UQAM), (old version availaible as IZA Discussion Paper 2874, June 2007)

·       Exchange Rate Dynamics and Monetary Shocks : A Reappraisal, Review of International Economics, 2005, 13 (3), p. 576-596, with JO Hairault

·       Overshooting and the Exchange Rate Disconnect Puzzle : A Reappraisal, Journal of International Money and Finance, 2004, 23(4), p. 615-643, June. with JO Hairault and Lise Patureau

·       Exchange Rate Regimes and International Business Cycles: Theory and Evidence, Review of Economic Dynamics, 2003 , 6(2), p. 338-361, April.

·       The US Twin Deficits : A Reappraisal, Recherches Economiques de Louvain, 1999, 65(2), p.139-178.



Exchange Rate Dynamics, Routeledge, 2004

  • Ed. Jean - Olivier Hairault and Thepthida Sopraseuth
  • Contributors : Steve Ambler (CREFE, Université de Montréal, Canada), Philippe Andrade (THEMA, Univ. Of Cergy, France), Michele Cavallo (Fed of San Francisco, USA), Fabrice Collard, (GREMAQ-CNRS, France), Luca Dedola (Bank of Italy, Italy), Matthieu Darracq-Pariès (European Central Bank), Patrick Fève (GREMAQ-Université de Toulouse I, France), Fabio Ghironi (Boston College, USA), Emmanuel Hakizimana, (CREFE, Canada), Jean-Olivier Hairault, Sylvain Leduc (Federal Reserve Bank of Philadelphia, USA), Tommaso Monacelli (Bocconi Univ., Italy), Lise Patureau (Paris-Dauphine, LEDa-DIAL), Thepthida Sopraseuth.

Chapter in books: Pour une retraite choisie, with Jean – Olivier Hairault and François Langot, in 16 Nouvelles Questions d’Economie Contemporaines, Economiques, 2, D. Cohen and P. Askenazy (editors), Albin Michel, 2010.



  • L'intermédiation financière dans l'analyse macroéconomique : le défi de la crise, with E. Iliopulos (PSE), Economie et Statistique, 2012, Decembre, n°451-452-453, pp. 91-130. also Document de travail CES, 2011.46, Dynare files
  • Le faible taux d’emploi des seniors : distance à l’entrée dans la vie active ou distance à la retraite? Revue de l’OFCE, 2009, avril, with J-O Hairault et F Langot
  • Une retraite choisie, l'emploi des seniors, mai 2008, with JO Hairault et F. Langot, Editions de la rue d'Ulm.
  • Fluctuations internatinales et dynamique du taux de change, Economie et Prévision, 2008, 2008/2-3, vol. 183-184, with JO Hairault
  • Etre travailleur indépendant passé 50 ans, Economie et Statistique, 2007, n°403-404, Décembre, p. 63 - 82, with R Fonseca (UQAM) and PC Michaud (UQAM)
  • Les effets à rebours de l'âge de la retraite sur le taux d’emploi des seniors, Economie et Statistique, 2006, n°397, p. 51-68, with JO Hairault and F Langot
  • Le double dividende des politiques incitatives à l'allongement de la durée de vie active, Revue Economique, 2006, 57(3), Mai, p. 449-460. with JO Hairault and F Langot
  • Inciter à différer le départ en retraite : une analyse en termes de Courbe de Laffer, Revue d'Economie Politique, 2005, Mars-Avril, n°2, p. 241-263, with JO Hairault and F Langot
  • Réforme des retraites : Quelles incidences sur les choix de départ en retraite?, Revue Française d'Economie, 2004, 17(3), p. 75-136, with JO Hairault and F Langot
  • Le sur-ajustement du taux de change : une évaluation quantitative, Revue Economique, Mai 2002, 689-697, with JO Hairault and L Patureau.
  • Fluctuations et régimes de change, Annales d'Economie et Statistique, 2002, 66, Avril-Juin, p. 107-142.


Working Papers

  • Macroeconomic Implications of Learning and Financial Frictions in Interdependent Economics, avec E Iliopulos (EPEE, Université d’Evry) et E Perego (Cepremap)
  • Equilibrium Health Expenditures: An International Perspective, avec R Fonseca (UQAM), F. Langot, et PC Michaud (HEC Montreal)
  • Structural Reforms in a Small Open Economy with Uncertainty Shocks: the case of Korea, avec Samil Oh (Essec, Thema), THEMA working Paper 2017-27


Back to the top of the page

Teaching / Enseignement


Directrice-Adjointe de l’UFR Economie Gestion, en charge des Licences, Université de Cergy Pontoise

Head of Undergraduate Program in Economics and Management at UCP (2018-)









Co-authors :






Back to the top of the page