Financial Economics

Our research applies concepts from behavioural finance, psychology and economics to investor behaviour, incentives and risk perceptions and inter-firm relationships. This includes modelling and forecasting aspects of asset price behaviour and the relationship with both market risk and the wider macro-economy, and the implications for asset pricing and asset and R&D management. These relationships have implications for the stability of the financial system as well as acting as indicators for economic wellbeing.

Related staff

Dr Kevin Campbell

Dr Fredrick Changwony

Dr Dionysia Dionysiou

Dr Costas Gavriilidis

Dr Patrick Herbst

Dr Dimos S Kambouroudis

Professor David McMillan

Dr Isaac Tabner

Professor Robert Webb

Related outputs

Savings goals and wealth allocation in household financial portfolios

Changwony FK, Campbell K & Tabner IT (2021). Savings goals and wealth allocation in household financial portfolios. Journal of Banking & Finance, 124, 106028. https://doi.org/10.1016/j.jbankfin.2020.106028

The role of oil as a determinant of stock market interdependence

McMillan DG, Ziadat SA & Herbst P (2021). The role of oil as a determinant of stock market interdependence: the case of the USA and GCC. Energy Economics, 95, 105102. https://doi.org/10.1016/j.eneco.2021.105102

The Role of Oil as a Determinant of Stock Market Interdependence: The Case of the USA and GCC

McMillan D, Herbst P & Ziadat S (2021) The Role of Oil as a Determinant of Stock Market Interdependence: The Case of the USA and GCC. Energy Economics, 95, Art. No.: 105102. https://doi.org/10.1016/j.eneco.2021.105102

Significance, relevance and explainability in the machine learning age: an econometrics and financial data science perspective

Hoepner AGF, McMillan D, Vivian A & Wese Simen C (2021) Significance, relevance and explainability in the machine learning age: an econometrics and financial data science perspective. European Journal of Finance, 27 (1-2), pp. 1-7. https://doi.org/10.1080/1351847X.2020.1847725

Capturing the role of societal affinity in cross-border mergers with the Eurovision Song Contest

Siganos A & Tabner IT (2020) Capturing the role of societal affinity in cross-border mergers with the Eurovision Song Contest. Journal of International Business Studies, 51 (2), p. 263–273. https://doi.org/10.1057/s41267-019-00271-3

Predicting Firm Level Stock Returns: Implications for Asset Pricing and Economic Links

McMillan D (2019) Predicting Firm Level Stock Returns: Implications for Asset Pricing and Economic Links. British Accounting Review, 51 (4), pp. 333-351. https://doi.org/10.1016/j.bar.2019.04.001

Internally Reporting Risk in Financial Services: An Empirical Analysis

Bryce C, Chmura T, Webb R, Stiebale J & Cheevers C (2019) Internally Reporting Risk in Financial Services: An Empirical Analysis. Journal of Business Ethics, 156 (2), pp. 493-512. https://doi.org/10.1007/s10551-017-3530-6

Cross-border exchanges and volatility forecasting

Goyal A, Kallinterakis V, Kambouroudis DS & Laws J (2018) Cross-border exchanges and volatility forecasting. Quantitative Finance, 18 (5), pp. 789-799. https://doi.org/10.1080/14697688.2017.1414512