top of page

Welcome to my webpage! I am Associate Professor of Finance at Durham University, which I joined as Assistant Professor in 2015. 

My research lies in the area of Banking, Monetary Policy, Corporate Finance, and Macro-Finance.

 

WORKING PAPERS:

Canary in the Coal Mine: Bank Liquidity Shortages and Local Economic Activity

with R. Iyer, and S. Kundu 

[Working Paper]  [Presentation Slides]    

Firms' Climate Risk-Taking Channel

with D. Konstantios, and D. Gounopoulos

[Working Paper]  [Presentation Slides]    

Bank Market Power and Firms' Profitability

with K. Koufopoulos, and G. Papadimitri

[Working Paper]  [Presentation Slides]

Central Bank Credibility and Limited Commitment

with D. Konstantios, and D. Gounopoulos

[Working Paper]  [Presentation Slides]   

Bank Pledgeability Dynamics

with S. Biswas, and K. Koufopoulos

[Working Paper]  [Presentation Slides]

Labor Market Dynamics and Firms' Innovation

with P. Koutroumpis, and A. Ladas

[Working Paper]  [Presentation Slides]  

The Impact of Geopolitical Risk on Credit Risk

with C. Ioannidis, and B. Zhang 

[Working Paper]  [Presentation Slides]

 

PUBLICATIONS:

Forward Guidance and Corporate Lending

Review of Finance, Vol. 26 (4), July 2022, Pages 899-935

with M. Delis, S. Hong and D. Philip 

[DOI]  [Final Manuscript]  [Slides]    

Reaching for Yield and the Diabolic Loop in a Monetary Union

Journal of International Money and Finance, Vol. 108, November 2020, Pages 102-157

with S. Boubaker, D. Gounopoulos and D.K. Nguyen

[DOI]  [Final Manuscript]  [Replication material: Econometric Codes]  [Covered by Columbia University, Columbia Law School Blog]

Asymmetric Dependence in International Currency Markets

The European Journal of Finance, Vol. 26 (10), April 2020, Pages 994-1017 

with V. Patsika

[DOI]  [Abstract  

Fiscal Policy Interventions at the Zero Lower Bound

Journal of Economic Dynamics and Control, Vol. 93, August 2018, Pages 297-314  

with S. Boubaker and D.K. Nguyen

[DOI]  [Abstract]    

Reprint of: Assessing the Effects of Unconventional Monetary Policy and Low Interest Rates on Pension Fund Risk Incentives

Journal of Banking and Finance, Vol. 92, March 2018, Pages 340-357  

with S. Boubaker, D. Gounopoulos and D.K. Nguyen

[DOI]  [Abstract 

Assessing the Effects of Unconventional Monetary Policy and Low Interest Rates on Pension Fund Risk Incentives

Journal of Banking and Finance, Vol. 77, April 2017, Pages 35-52 

with S. Boubaker, D. Gounopoulos and D.K. Nguyen

[DOI]  [Abstract   

The Quest for Banking Stability in the Euro Area: The Role of Government Interventions

Journal of International Financial Markets, Institutions, and Money, Vol. 40, January 2016, Pages 111-133 

with R. Kizys and K. Vergos

[DOI]  [Abstract]  

Transmission Channels of Systemic Risk and Contagion in the European Financial Network

Journal of Banking and Finance, Vol. 61 (1), December 2015, Pages 36-52  

with D. Gounopoulos, R. Kizys and Y. Koutelidakis

[DOI]  [Abstract]  [Covered by The Guardian and The Irish Times]

Financial Crises and Stock Market Contagion in a Multivariate Time-Varying Asymmetric Framework

Journal of International Financial Markets, Institutions, and Money, Vol. 21 (1), February 2011, Pages 92-106  

with D. Kenourgios and A. Samitas

[DOI]  [Abstract]    

Financial Market Dynamics in an Enlarged European Union

Journal of Economic Integration, Vol. 24, June 2009, Pages 197-221  

with D. Kenourgios and A. Samitas

[DOI]  [Abstract  

Book Chapter

Tail Risks in Credit, Commodity, and Shipping Markets

Finance and Risk Management for International Logistics and the Supply Chain, 

S. Gong and K. Cullinane, Elsevier Academic Press: London, U.K., October 2018, Pages 129-166  

with D. Gounopoulos

[DOI]  [Abstract   

bottom of page