Market Dynamics, Uncertainty, and Systemic Risk
Financial markets are sensitive to unexpected events. We analyse how geopolitical conflicts, economic policy decisions, and sudden market shocks affect asset prices, investment behaviour, and financial stability. A key focus is to map how risks spread across asset classes, such as stocks, commodities, and currencies, and across countries.
Energy Transition and Sustainable Finance
The energy transition is one of the greatest societal challenges of our time, creating both risks and opportunities in the financial markets. We study how financial markets price climate risks, how institutional frameworks affect investments in renewable energy, and how new financial instruments, such as green bonds and ESG (Environmental, Social, and Governance) funds, contribute to sustainable development. Our research also analyses the relationships among energy prices, commodity markets, and the development of new assets, such as emission allowances and cryptocurrencies.
Financial Econometrics
We focused on the multidisciplinary aspects of quantitative, nonlinear, and nonparametric research methods. We apply nonlinear and nonparametric time-series econometric techniques and methodologies from economics, physics, engineering, and psychology to study the complexity of economic and financial systems at the macro level. The practical relevance of our current applied financial economics research to decision-makers in the private and public sectors is substantial.
Our strong command of applied research has enabled us to contribute to successful research in both the public and private sectors, as well as in international organizations, as a policymaker.
Our research group's scientific papers have been published in the Journal of Econometrics, Journal of Empirical Finance, International Review of Financial Analysis, European Journal of Finance, European Journal of Operation Research, Journal of Commodity Markets, Review of Quantitative Finance and Accounting, European Financial Management, Journal of International Money and Finance, etc.
Our group members' scientific papers were cited and acknowledged by The Economist, newspaper, Economic Report of the President, social media and by international organizations such as the Asian Development Bank.
