Émilien Gouin-Bonenfant

Émilien Gouin-Bonenfant

Associate Professor, HEC Montréal

3000 Côte-Sainte-Catherine, Montréal — office 4.146
emilien.gouin-bonenfant@hec.ca

I am an Associate Professor at HEC Montréal in the Department of Applied Economics. Before that, I was an Assistant Professor of Economics at Columbia University (2019–2026) and a graduate student at UCSD (2014–2019), where I obtained a Ph.D. in Economics.

My research interests lie at the intersection of macro, labor, and finance. In ongoing work, I quantify the welfare effects of macroeconomic shocks (industrial policy, saving glut, artificial intelligence), with an emphasis on sectoral bottlenecks and redistribution between workers and asset owners.

Working Papers

July 2026
October 2026
American Economic Journal: Macroeconomics — Forthcoming

Published Papers

Journal of Political Economy — November 2025
NASDAQ award for the best paper on asset pricing (WFA 2024)
Supported by NSF grant SES-2117398
Econometrica — January 2024
Previously titled “A Q-Theory of Inequality”
Supported by NSF grant SES-2117398