Ghassane Benmir

Ghassane Benmir

Assistant Professor and Research Fellow


London School of Economics

King's Business School

PSL Research

Hello and Welcome!

I am an Assistant Professor of Economics at IE University and IE Business School. I am also an associate fellow at the London School of Economics and Political Science (LSE), King’s College Business School, and Paris Sciences et Lettres (PSL Research). My research explores the linkages between macroeconomic theory and heterogeneity, asset pricing theory, climate change, and the distributional impacts of both environmental externalities and policy.

My JMP can be found HERE

Latest News!

  • I am honored to be selected as the Runner-Up of the 2022 QCGBF Young Economist Prize Award.


  • Macroeconomic theory and heterogeneity
  • Asset pricing theory
  • Climate change, uncertainty, and distributional impacts of both environmental externalities and policy.


  • MSc, MPhil, and PhD (majoring in environmental and climate change economics)


  • MSc, MRes, and PhD (majoring in financial and monetary economics)

    PSL Research

  • MSc in Engineering of Information Systems

    Institut Mines - Telecom

  • BSc in Mathematics and Physics

    Classes Préparatoires Faidherbe

Job Market Paper

The Distributional Costs of Net-Zero: A Heterogeneous Agent Perspective.

Poster Here

This paper investigates the distributional impacts of implementing the net-zero emissions target in the U.S. for the 2050 horizon. We model a heterogeneous household economy and show that 2050 net-zero policy is welfare enhancing in the long run, but induces short/medium-run distributional costs. We quantify this trade-off by a 0.54% consumption equivalent welfare gain (compared to the laissez-faire) in the long run and a 6-10 percent increase of financially constrained households by 2050. We then show how distributing revenue from the carbon policy could partially offset consumption losses and smooth the net-zero transition. We also extend our analysis to the cases of: i) sticky prices, showing how net-zero emissions induces inflationary pressure over the long run, which could represent a challenge for monetary policy conduction in a world with high inflation, and ii) abatement learning, showing how green innovation decreases carbon prices and boosts consumption over the transition.


Working Papers

Work In Progress

  • California Carbon Market: A Macro-Finance Perspective.
  • ‘r star’ under the presence of the climate externality.


IE University and Business School


  • Introductory Macroeconomics, Autumn Term, 2023.
  • Computational Macroeconomics, Autumn Term, 2023.
  • Environmental and Climate Change Economics, Autumn Term, 2023.

PSL Research – Université Paris Dauphine


  • Advanced Macroeconomics – Bayesian Techniques, Autumn Term, 2023.

London School of Economics

Teaching Fellow

  • EC102 (Macroeconomics): Summer School 2023.
  • EC400 (Math for Micro and Macro): Michaelmas 2022.
  • EC1B3 (Macroeconomics): Lent 2021, 2022.
  • EC1B5 (Macroeconomics): Lent 2022.

Postgraduate Teaching Assistant

  • EC1A3 (Microeconomics): Michaelmas 2021, 2022.
  • EC102 (Economics B): Michaelmas and Lent 2019, 2020.

PSL Research – Paris Dauphine

Adjunct Lecturer

  • Econometrics II (Time Series): Michaelmas 2020, 2021, 2022.

Postgraduate Teaching Assistant

  • Macroeconomics: Lent 2019, 2020, 2021.
  • Introduction to Economics: Michaelmas 2019.

University College London

Postgraduate Teaching Assistant

  • ECON0001 (Economics of Financial Markets): Lent 2021.

Selected Awards

  • QCGBF Best Young Economist Prize Runner-up (2022) – (1000 pounds).
  • LSE Department of Economics - Highly Commended Teaching Award (2022) – Amount undisclosed.
  • The European Finance Association Best Paper Prize in Responsible Finance Award (2021) - 3000 euros.
  • LSE Teaching Award - Nominated by students for both “Exceptional Teaching in an Unprecedented Year"and “Excellent Feedback and Communication” (2021).
  • LSE Department of Economics - Excellence in Teaching Award (2021) – Amount undisclosed.
  • EAERE - Young Scholar Grant (2021) – 1500 euros.
  • LSE Department of Economics - Excellence in Teaching Award (2020) – Amount undisclosed.
  • Grantham Research Institute on Climate Change and the Environment - LSE PhD Scholarship (2019-2023).
  • PSL Research – University of Paris Dauphine Best MRes Economics Thesis (2017).
  • PSL Research – University of Paris Dauphine MRes Economics Best Overall Performance (2017).
  • Ministry of Higher Education & Scientific Research Graduates Honors Scholarship (2011-2014).
  • Institut Mines – Télécom Graduates Honors Scholarship (for the academic year of 2010-2011).

Useful Codes

Coming up soon!


  • ghassane[dot]benmir[at]ie[dot]edu or g[dot]benmir[at]lse[dot]ac[dot]uk