Claire Celerier

Claire Celerier is an Associate Professor of Finance at the Joseph L. Rotman School of Management, University of Toronto, and holds the Canada Research Chair in Household Finance. Her research spans household finance, banking, behavioral economics, and financial history, with a focus on how financial innovation impacts household risk-taking and inclusion.

• Education: PhD in Finance (Toulouse School of Economics), M.Sc. Economics (Paris School of Economics), M.Sc. Management (HEC Paris)

Her work on capital guarantee products and security design has been published in top journals like the Journal of Finance and Review of Financial Studies, showing how product complexity affects investor behavior. Recent papers examine racial disparities in financial markets (with Purnoor Tak) and tax policy impacts on bank leverage (with Thomas Kick).

Awards:

• Canada Research Chair in Household Finance (2023)
• Bank of Canada Governor’s Award (2022)
• Petro Canada Young Innovators Award (2021)
• Multinational grants from Banque de France, CEPR, and Marianne and Marcus Wallenberg Foundation