Finance

Our research interests span a range of topics including:  

• asset pricing 
• banks’ performance, risks and regulation 
• commodity markets
• corporate governance
• empirical behavioural finance
• financial econometrics
• fintech 
• macro-finance modelling and forecasting
• SMEs finance and financial inclusion
• sustainable finance and banking

We take pride in our outstanding research in quantitative finance and econometrics that addresses fundamental problems in macroeconomics and financial markets. Our researchers engage with the financial industry, policy-makers and regulators including the Bank of England, Bank for International Settlements, the European Central Bank and Federal Reserve.

• RFS paper from Giorgio Valente (2012), Out-of-Sample Predictions of Bond Excess Returns and Forward Rates: An Asset Allocation Perspective, the paper is affiliated with Essex
• AS (2016)
• Delis, Manthos D and Kokas, Sotirios and Ongena, Steven (2017) 'Bank Market Power and Firm Performance.' Review of Finance
• Fiordelisi, Franco and Ricci, Ornella and Stentella Lopes, Francesco Saverio (2017) 'The Unintended Consequences of the Launch of the Single Supervisory Mechanism in Europe.' Journal of Financial and Quantitative Analysis
• Kellard, N and Millo, Y and Simon, J and Engel, O (2017) 'Close Communications: Hedge Funds, Brokers and the Emergence of Herding.' British Journal of Management
• Arvanitis, Stelios and Hallam, Mark and Post, Thierry and Topaloglou, Nikolas (2019) 'Stochastic Spanning.' Journal of Business and Economic Statistics
• JBES (2018)
• Instefjord, Norvald and Frantz, Pascal (2019) 'Debt Overhang and Non-Distressed Debt Restructuring.' Journal of Financial Intermediation
• Bermpei, Theodora and Kalyvas, Antonios Nikolaos and Leonida, Leone (2020) 'Local Public Corruption and Bank Lending Activity in the United States.' Journal of Business Ethics
• Harris, David and Kew, Hsein and Taylor, AM Robert (2020) 'Level Shift Estimation in the Presence of Non-stationary Volatility with an Application to the Unit Root Testing Problem.' Journal of Econometrics
• Arnaboldi, Francesca and Casu, Barbara and Gallo, Angela and Kalotychou, Elena and Sarkisyan, Anna (2021) 'Gender diversity and bank misconduct.' Journal of Corporate Finance
• Bose, Udichibarna and Filomeni, Stefano and Mallick, Sushanta (2021) 'Does Bankruptcy Law Improve the Fate of Distressed Firms? The Role of Credit Channels.' Journal of Corporate Finance
• Girardone, Claudia and Kokas, Sotirios and Wood, Geoffrey (2021) 'Diversity and women in finance: Challenges and future perspectives.' Journal of Corporate Finance
• JoE (2021)
• Kellard, Neil M and Kontonikas, Alexandros and Lamla, Michael and Maiani, Stefano (2021) 'Deal or No Deal? Modelling the Impact of Brexit Uncertainty on UK Private Equity Activity.' British Journal of Management
• Annals of Statistics from Ilias Chronopoulos, (2022) Choosing between persistent and stationary volatility
• JEEA (2022)
• JoE (2022)
• RoF paper from Ming Tsung Lin (2022), Moneyness, Underlying Asset Volatility, and the Cross-Section of Option Returns
• RoF (2023)
• MS (2023)

• 2018-2021 Professor Robert Taylor, Economic and Social Research Council grant for  'Investigating Structural Change in Predictive Regressions with Applications to Forecasting Stock Returns'

• EFiC 2023 Conference in Banking and Corporate Finance
• EFiC 2022 Conference in Banking and Corporate Finance
• 2022 Workshop on Social Responsibility, Banks and Markets during the COVID-19 Crisis and beyond
• 2021 Annual Conference in Banking and Corporate Finance (EFiC)
• 2021 Workshop on Sustainability Reporting, Regulation and Practice
• 2020 Financial Intermediation Network for European Studies (FINEST)
• 2019 Financial Fragmentation and Small Business Financing Workshop (British Academy)