Dr. Paul Schure

Professor

Economics

Contact:

Office: BEC 336 schure@uvic.ca 250-721-8535

Credentials:

PhD (European University Institute)

Area of expertise:

Financial Economics, Financial Intermediation Theory, Industrial Organization

Bio

Paul Schure is a full Professor in the Department of Economics. His main research areas are Financial Intermediation, Entrepreneurial Finance and European Integration. A recurrent theme is the interplay between the market environment in which firms operate and their financial structure.

Interests

• Financial Intermediation/Banking
• Entrepreneurial Finance
• European Economics 
• Industrial Organization

Courses

• ECON 203, Intermediate Microeconomics I
• ECON 305, Money and Banking
• ECON 435, Financial Economics

Links

• Paul’s Google Scholar page
• International Workshop on Financial System Architecture & Stability (IWFSAS) (Paul co-organized the first three editions)
• Board of Directors of the Artisanal Gold Council
• The EU Study Tour: UVic’s largest international field school by a stretch
• Jean Monnet Network Grant, 2018-2022: The Politics of the European Semester: EU Coordination and Domestic Political Institutions (“EUROSEM”)

Selected Publications

 Articles Published in Refereed Journals

• Schure, Paul and Amy Verdun, 2023. "The Single Market and Economic and Monetary Integration." Chapter 7 in Amy Verdun, Achim Hurrelmann and Emmanuel Brunet-Jailly (eds), European Union Governance and Policy Making: A Canadian Perspective, 2^nd edition. Toronto: University of Toronto Press), pp. 137-164.
• Hellmann, Thomas F., Paul Schure and Dan H. Vo., 2021, "Angels and Venture Capitalists: Complements or Substitutes?" Journal of Financial Economics, 141(2), 454-478.
• Ehrmann, Michael and Paul Schure, 2020, "The European Systemic Risk Board – Governance and Early Experience." Journal of Economic Policy Reform, 23(3), 290-308. 
• Hellmann, Thomas F., Paul Schure, Chloe Tergiman, and Dan H. Vo., 2019. "Ownership Dynamics within Founder Teams: The Role of External Financing." Strategic Entrepreneurship Journal, 13(3), pp. 256-287. 
• Engineer, Merwan H., Paul Schure, and Dan H. Vo, 2019, "Hide and Seek Search: Why Angels Hide and Entrepreneurs Seek." Journal of Economic Behavior and Organization, 157, 523-540. Available at: https://doi.org/10.1016/j.jebo.2018.10.007 (2019 JIF of JEBO: 1.591; IDEAS/RePEc SIF: #111)
• Merwan H. Engineer, Paul Schure, Mark Gillis, 2013, "A positive analysis of deposit insurance provision: Regulatory competition among European Union countries", Journal of Financial Stability, 9-4, 530-544, http://dx.doi.org/10.1016/j.jfs.2013.10.001 (2013 JCR impact factor of JFS: 2.932)
• Hallak, Issam and Paul Schure, 2011, "Why Larger Lenders Obtain Higher Returns: Evidence from Sovereign Syndicated Loans", Financial Management, 40-2, 427-453. (2011 JCR impact factor of FM: 1.355.)
• Schmitz, Andrew, Troy Schmitz and Paul Schure, 2008, "High Commodity Prices and the EU's Single Payment Scheme: Some Consequences of Double-Dipping", Canadian Journal of Agricultural Economics, 56-4, 523-531.

• Schure, Paul and Amy Verdun, 2008, "Legislative Bargaining in the European Union: The Divide between Large and Small Member States", European Union Politics, 9-4, 459-486. (Lead Article) (The JCR impact factor of EUP is 2.064 in 2008 - 5th of the 99 Polisci journals that Thomson ISI ranked.)

• Schmitz, Andrew and Paul Schure, 2008, "Agricultural Policies in Transition: Canada, the European Union, and the World Trade Organization", Canadian Journal of Agricultural Economics, 56-4, 365-369. (editors’ introduction, non-refereed)
• Schure, Paul and Amy Verdun, 2007. "States and the Exercise of Power in the New European Union", Current Politics and Economics of Europe, 18-2, 181-202.
• Wagenvoort, Rien and Paul Schure, 2006, "A Recursive Thick Frontier Approach to Estimating Production Efficiency", Oxford Bulletin of Economics & Statistics 68(2), 183-201.
• Schure, Paul, David Scoones, and Qinghua Gu, 2005. "A Theory of Loan Syndication", Finance Research Letters, 2(3), 165-172.
• Schure, Paul, Rien Wagenvoort and Dermot O'Brien, 2004. "The Efficiency and the Conduct of European Banks: Developments after 1992", Review of Financial Economics 13 (4), 371-396.

Book Chapters

• Schure, Paul and Amy Verdun, 2018. "The Single Market and Economic and Monetary Integration." Chapter 7 in Emmanuel Brunet-Jailly, Achim Hurrelmann and Amy Verdun (eds), European Union Governance and Policy Making: A Canadian Perspective, Toronto: University of Toronto Press), pp. 127-154.
• Schure, Paul, 2013. "European Financial Market Integration", Chapter 6 in Amy Verdun and Alfred Tovias (eds.) Mapping European Economic Integration, Houndmills, Basingstoke: Palgrave Macmillan, pp. 151-179.
• Hallak, Issam and Paul Schure, 2011. "Loans versus Bonds: The Importance of Potential Liquidity Problems for Sovereign Borrowers", Chapter 11 in Robert W. Kolb (ed.), Sovereign Debt: From Safety to Default, Kolb Series in Finance, John Wiley & Sons, ISBN-13: 978-0-470-92239-2.
• Schure, Paul, 2005. "Syndicated lending and Competition Policy: A Theoretical Perspective", in A. Bongardt (ed.), Competition Policy in the European Union: Experiences and the Challenges Ahead, Instituto Nacional de Administracao (INA), Oeiras, Portugal, Chapter 9, 103-108.
• Schure, Paul and Amy Verdun, 2007. "States and the Exercise of Power in the New European Union", in A. Verdun (ed.), Political and Economic Consequences of Economic and Monetary Union: Taking Stock of the First Eight Years, New York: Nova Publishing, ISBN: 1-60021-908-x, Chapter 3, 57-78. (reprint: originally published as States and the Exercise of Power in the New European Union, Current Politics and Economics of Europe, 18-2, 181-202.)

Other Publications

• D’Erman, Valerie, Paul Schure and Amy Verdun, 2020, Editors’ introduction to “Economic and Financial Governance in the European Union after a decade of Economic and Political Crises,” Journal of Economic Policy Reform, 23(3), 267-272. Available at: https://doi.org/10.1080/17487870.2020.1762599 (2020 JIF of JEPR: 2.455; IDEAS/RePEc SIF: #450)
• Della Posta, Pompeo and Paul Schure, 2020, Italia-Olanda: un confronto fra due economisti,  MicroMega, 05/2020, 185-197 (Dialogo su solidarietà europea, populismo e finanziamento dei fondi necessari a sostenere le spese per la ripresa dopo la Covid-19 / Dialogue between two economists on European solidarity, populism, and funding the recovery efforts in Europe during and after the COVID-19 pandemic)
• Schure, Paul and Melissa Dodaro, 2015. 2014 Report on Angel Investing Activity in Canada, National Angel Capital Organization, Toronto, ON, Canada, June 2015. Available at: https://www.nacocanada.com/cpages/angel-activity-report
• Paul Schure and Melissa Dodaro. 2013 Report on Angel Investing Activity in Canada, National Angel Capital Organization, Toronto, ON, Canada, May 2014.
• Hellmann, Thomas and Paul Schure, 2010. An Evaluation of the Venture Capital Program in British Columbia, Report Prepared for the Ministry of Small Business, Technology and Economic Growth.
• Wagenvoort, Rien and Paul Schure, 1999. Who are Europe's Efficient Bankers? EIB Papers, 4(1), 105-126.