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Augusto Hasman

Dr Augusto Hasman

Dr Augusto Hasman

Associate Professor

Expertise

  • Central banking
  • Corporate finance
  • Financial stability
  • Risk management

Biography

Augusto Hasman, PhD is an Associate Professor in Finance at the Ecole hôteliere de Lausanne (EHL). Before joining EHL, he was the Executive Director of the Bilateral Assistance and Capacity Building (BCC) Program for Central Banks at the Graduate Institute in Geneva. Dr. Hasman was responsible for developing and monitoring country-specific capacity building Programs for Central Banks in eight developing countries (Albania, Azerbaijan, Bosnia and Herzegovina, Colombia, Ghana, Peru, Tunisia and Vietnam) on different topics such as Monetary Policy Formulation and Implementation, Bank Supervision and Regulation, Financial Market development and Operational Risk Management.


Earlier, Dr. Hasman worked as an associate professor of economics and finance at SKEMA Business School (Nice, Sophia Antipolis, France) and Economist at the OFCE (Observatoire Français des Conjonctures Economiques de Sciences-Po, Paris). Dr. Hasman has several publications on Financial Stability and Risk Management.

Education

Ph.D. in Finance, University Carlos III (Madrid)
Certified Financial Risk Manager (FRM), the Global Association of Risk Professionals (GARP)

Courses Taught

BACHELOR OF SCIENCE IN INTERNATIONAL HOSPITALITY MANAGEMENT
• Corporate Finance
• Investment management

Teaching Location

EHL Campus Lausanne

Journal publications

Blengini, I., Hasman, A., & Heo, C. Y. (2026). Exploring the impact of policy responses to COVID-19. Tourism Economics, 32(1), 129-149. https://doi.org/10.1177/13548166251348346

Hasman, A., & Samartín, M. (2025). Financial integration, contagion and policy implications. International Review of Economics & Finance, 102, 104154. https://doi.org/10.1016/j.iref.2025.104154

Borzillo, S., Hasman, A., & Raub, S. (2025). Ensuring a pipeline of Gen-Z talent for the hotel industry: contrasting views of hoteliers and future graduates. Journal of Human Resources in Hospitality & Tourism, 24(4), 589–616. https://doi.org/10.1080/15332845.2025.2530283

Hasman, A., & Samartín, M. (2024). Competition, coinsurance and moral hazard in banking. Journal of Banking & Finance, 164, 107207. https://doi.org/10.1016/j.jbankfin.2024.107207

Hasman, A., & Borzillo, S. (2024). The hospitality industry and COVID-19: Stock price crash risk. Tourism Economics, 30(6), 1634-1641. https://doi.org/10.1177/13548166231211250

Hasman, A., & Samartin, M. (2023). Government intervention, linkages and financial fragility. Economic Modelling, 126, 106429. https://doi.org/10.1016/j.econmod.2023.106429

Dwyer, G., Hasman, A. & Samartin, M. (2022). Surety bonds and moral hazard in banking. Journal of Financial Stability, 62, 101069. https://doi.org/10.1016/j.jfs.2022.101069

Hasman, A., & Samartín, M. (2022). Leaving the darkness: The emergence of shadow banks. Journal of Financial Stability, 61, 101039. https://doi.org/10.1016/j.jfs.2022.101039

Hasman, A. (2021). Does the financial market compensate investors for operational Losses? Operations Research Letters, 49, 101-105. https://doi.org/10.1016/j.orl.2020.11.011

Hasman, A., & Samartín Sáenz, M. (2017). Capital and Liquidity in a Dynamic Model of Banking Economic Modelling, 64, 172-177. https://doi.org/10.1016/j.econmod.2017.04.002

Garcia-Palacios, J., Hasman, A., & Samartín Sáenz, M. (2014). Banking Crises and Government Intervention. Journal of Financial Stability, 15, 32–42. https://doi.org/10.1016/j.jfs.2014.08.007

Hasman, A., Samartín Sáenz, M., & Van Bommel, J. (2014). Financial Intermediation in an Overlapping Generations Model with Transaction Costs. Journal of Economic Dynamics & Control, 45, 111-125.

Hasman, A., Samartín Sáenz, M., & Van Bommel, J. (2013). Financial Contagion and Depositor Monitoring. Journal of Banking and Finance, 37(8), 3076-3084. Hasman, A. (2013). A Critical Review of Contagion Risk in Banking. Journal of Economic Surveys, 27(5), 978-995.