Constantinos Antoniou explains how behavioural finance is vital for central bankers if they are to truly understand the economy and markets and how their policies will affect them.
The Finance group is devoted to excellence in teaching and research in all subfields of finance.
The group has grown over the past few years to become one of the largest and strongest groups in the UK and in Europe. Our faculty work closely with the financial industry, which provides input into research-driven teaching, and are also involved in the research board and education faculties of the ESRC and leading professional institutes. We often collaborate closely with colleagues across the University and institutions in Asia, Europe, and the USA.
Current areas of research
Our world-class academics conduct research in theoretical and empirical asset pricing, risk management, microstructure, derivatives, financial econometrics, macro-finance, behavioural finance, international finance, corporate finance, corporate governance, banking, financial markets, household finance, development finance, and fintech.
Head of group: Professor Andrea Gamba.
Traditional financial and investment management research and work-flows will be heavily disrupted by AI over the next 10 years, a symposium of leading researchers heard.
AI offers a chance for fund managers to step away from the crowd and end years of declining returns, a webinar for investors and researchers heard.
The UK economy could see its GDP boosted almost three per cent if the Bank of England introduced its own digital coins.
Central banks had to put in emergency measures to help collapsing economies during the pandemic. Diarmuid Murphy outlines the variety of measures taken and what lessons can be learned for future crises.
Former Bank of England MPC member Paul Fisher details what central banks can do to help in the battle against the extreme effects of climate change.
AI has become an increasingly normal part of portfolio management and trading, but despite its advantages Juergen Branke and Mehrshad Motahari outline its negatives.