RESEARCH
Selected articles
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Does Corporate Environmentalism Affect Firm Insolvency Risk? The Role of Market Power and Competitive Intensity, Ecological Economics, forthcoming, 2021 (with Saqib Aziz, Mahabubur Rahman, and Dildar Hussain)
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Stranded Asset Risk and Political Uncertainty: The Impact of the Coal Phase-Out on the German Coal Industry, Energy Journal, forthcoming, 2021 (with Miriam Breitenstein, Carl-Philipp Anke and Thomas Walther)
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Dynamics of Returns and Liquidity (Co)Jumps in Emerging Foreign Exchange Markets, Journal of International Financial Markets, Institutions and Money, Vol. 73, 101377, 2021 (with Süleyman Serdengeçti and Ahmet Sensoy)
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Environmental Hazards and Risk Management in the Financial Sector: A Systematic Literature Review, Journal of Economic Surveys, Vol. 35(2), pp. 512-538, 2021 (with Miriam Breitenstein and Thomas Walther)
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On the Effects of Monetary Policy in Vietnam: Evidence from a Trilemma Analysis, World Economy, Vol. 44(5), pp. 1428-1447, 2021 (with Viet-Ngu Hoang and Tuan Anh Pham)
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Regulatory Changes and Long-run Relationships of the EMU Sovereign Debt Markets: Implications for Future Policy Framework, International Review of Law and Economics, Vol. 63, 105907, 2020 (with Erdinc Akyildirim, Shaen Corbet, and Ahmet Sensoy)
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Reaching for Yield and the Diabolic Loop in a Monetary Union. Journal of International Money and Finance, Vol. 108, 102157, 2020 (with Sabri Boubaker, Dimitris Gounopoulos, and Nikos Paltalidis).
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Dynamic Volatility Spillover Effects between Oil and Agricultural Products. International Review of Financial Analysis, Vol. 69, 101465, 2020 (with Robert Brooks, Hung Do, and Pick Schen Yip).
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Enterprise Risk Management and Solvency: The Case of the Listed EU Insurers. Journal of Business Research, Vol. 113, pp. 360-369, 2020 (with Dinh Tri Vo).
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Modeling and Forecasting Commodity Market Volatility with Long‐term Economic and Financial Variables. Journal of Forecasting, Vol. 39 (2), pp. 126-142, 2020 (with Thomas Walther).
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Liquidity Risk and the Covered Bond Market in Times of Crisis: Empirical Evidence from Germany. Annals of Operations Research, Vol. 282 (1-2), pp. 407-426, 2019 (with Christoph Wegener, Tobias Basse, and Philipp Sibbertsen).
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A Conditional Dependence Approach to CO2-energy Price Relationships. Energy Economics, Vol. 81, pp. 812-821, 2019 (with Julien Chevallier and Juan Carlos Reboredo).
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Dynamic Integration and Network Structure of the EMU Sovereign Bond Markets. Annals of Operations Research, Vol. 281 (1-2), pp. 297-314, 2019 (with Ahmet Sensoy, Ahmed Rostom, and Erk Hacihasanoglu).
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Cojumps and Asset Allocation in International Equity Markets. Journal of Economic Dynamics and Control, Vol. 98, pp. 1-22, 2019 (with Mohamed Arouri, Oussama M’saddek, and Kuntara Pukthuanthong).
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Fiscal Policy Interventions at the Zero Lower Bound. Journal of Economic Dynamics and Control, Vol. 93, pp. 297-314, 2018 (with Sabri Boubaker and Nikos Paltalidis).
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Market Integration and Financial Linkages among Stock Markets in Pacific Basin Countries. Journal of Empirical Finance, Vol. 46, pp. 77-92, 2018 (with Julien Chevallier, Jonathan Siverskog, and Gazi Salah Uddin).
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Black Swan Events and Safe Havens: The role of Gold in Globally Integrated Emerging Markets. Journal of International Money and Finance, Vol. 73(Part B), pp. 317-334, 2017 (with Stelios Bekiros, Sabri Boubaker, and Gazi Salah Uddin).
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Assessing the Effects of Unconventional Monetary Policy and Low Interest Rates on Pension Fund Risk Incentives. Journal of Banking and Finance, Vol. 77, pp. 35-52, 2017 (with Sabri Boubaker, Dimitrios Gounopoulos, and Nikos Paltalidis).
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Estimating and Forecasting Portfolio’s Value-at-Risk with Wavelet-based Extreme Value Theory: Evidence from Crude Oil Prices and US Exchange Rates. Journal of the Operational Research Society, Vol. 68(11), pp. 1352-1362, 2017 (with Rania Jammazi).
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Multivariate Dependence and Portfolio Optimization Algorithms under Illiquid Market Scenarios. European Journal of Operational Research, Vol. 259(3), pp. 1121-1131, 2017 (with Mazin A.M. Al Janabi, Jose Arreola Hernandez, and Theo Berger).
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Information Diffusion, Cluster Formation and Entropy-based Network Dynamics in Equity and Commodity Markets. European Journal of Operational Research, Vol. 256(3), pp. 945-961, 2017 (with Stelios Bekiros, Leonidas Sandoval Jr., and Gazi Salah Uddin).
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Dynamic Global Linkages of the BRICS Stock Markets with the U.S. and Europe under External Crisis Shocks: Implications for Portfolio Risk Forecasting. The World Economy, Vol. 39(11), pp. 1703–1727, 2016 (with Shawkat Hammoudeh, Sang-Hoon Kang, and Walid Mensi).
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Impact of Speculation and Economic Uncertainty on Commodity Markets. International Review of Financial Analysis, Vol. 43, pp. 115-127, 2016 (with Pierre Andreasson, Stelios Bekiros, and Gazi Salah Uddin).
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Asymmetric Linkages between BRICS Stock Returns and Country Risk Ratings: Evidence from Dynamic Panel Threshold Models. Review of International Economics, Vol. 24, pp. 1-19, 2016 (with Shawkat Hammoudeh, Walid Mensi and Seong-Min Yoon).
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US Monetary Policy and Sectoral Commodity Prices. Journal of International Money and Finance, Vol. 57, pp. 61-85, 2015 (with Shawkat Hammoudeh, and Ricardo Sousa).
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Dynamic Dependence of the Global Islamic Equity Index with Global Conventional Equity Market Indices and Risk Factors. Pacific-Basin Finance Journal, Vol. 30, pp. 189-206, 2014 (with Shawkat Hammoudeh, Walid Mensi, and Juan Carlos Reboredo).
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Can Economic Uncertainty, Financial Stress and Consumer Sentiments Predict U.S. Equity Premium? Journal of International Financial Markets, Institutions and Money, Vol. 33, pp. 367-378, 2014 (with Rangan Gupta, Shawkat Hammoudeh, and Mampho P. Modise).
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Dependence of Stock and Commodity Futures Markets in China: Implications for Portfolio Investment. Emerging Markets Review, Vol. 21, pp. 183-200, 2014 (with Shawkat Hammoudeh, Juan Carlos Reboredo, and Xiaoqian Wen).
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Financial Linkages between U.S. Sector Credit Default Swaps Markets. Journal of International Financial Markets, Institutions and Money, Vol. 33, pp., 223-243, 2014 (with Mohamed Arouri, Shawkat Hammoudeh, and Fredj Jawadi).
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Volatility Forecasting and Risk Management for Commodity Markets in the Presence of Asymmetry and Long Memory. Energy Economics, Vol. 41, pp. 1-18, 2014 (with Walid Chkili and Shawkat Hammoudeh).
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Conditional Dependence Structure between Oil Prices and Exchange Rates: A Copula-GARCH Approach. Journal of International Money and Finance, Vol. 32, No. 2, pp. 719-738, 2013 (with Riadh Aloui and Mohamed Ben Aïssa).
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What Can We Tell about Monetary Policy Synchronization and Interdependence over the 2007-2009 Global Financial Crisis? Journal of Macroeconomics, Vol. 36, pp. 175-187, 2013 (with Mohamed Arouri and Fredj Jawadi).
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An International CAPM for Partially Integrated Markets: Theory and Empirical Evidence. Journal of Banking and Finance, Vol. 36, No. 9, pp. 2473-2493, 2012 (with Mohamed Arouri and Kuntara Pukthuanthong).
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Modeling Nonlinear and Heterogeneous Dynamic Linkages in International Monetary Markets. Macroeconomic Dynamics, Vol. 16, S2, pp. 232-251, 2012 (with Mohamed Arouri and Fredj Jawadi).
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Long Memory and Structural Breaks in Modeling the Return and Volatility Dynamics of Precious Metals. Quarterly Review of Economics and Finance, Vol. 52, No. 2, pp. 207-218, 2012 (with Mohamed Arouri, Shawkat Hammoudeh, and Amine Lahiani).
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Asymmetric Effects and Long Memory in Dynamic Volatility Relationships between Stock Returns and Exchange Rates. Journal of International Financial Markets, Institutions and Money, Vol. 22, No. 4, pp. 738-757, 2012 (with Chaker Aloui and Walid Chkili).
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On Volatility Spillovers between Oil Prices and Stock Sector Returns: Implications for Portfolio Management. Journal of International Money and Finance, Vol. 30, No. 7, pp. 1387-1405, 2011 (with Mohamed Arouri and Jamel Jouini).
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Global Financial Crisis, Extreme Interdependences, and Contagion Effects: The Role of Economic Structure? Journal of Banking and Finance, Vol. 35, No. 1, pp. 130-141, 2011 (with Riadh Aloui and Safouane Ben Aïssa).
Research interests
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Climate Finance
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Behavioral and Corporate Finance
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Commodity Finance
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Economics of Energy Markets
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Extreme Value and Portfolio Risk Management
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Financial Markets, Institutions and Money
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Financial Econometrics
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International Trade and Finance
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Market and Economic Integration
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Monetary and Fiscal Policies
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Risk Management
Research profile
Refereeing
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Annals of Operations Research
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British Journal of Management
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Bulletin of Economic Research
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Economics Letters
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Economic Modelling
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Economic Systems
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Emerging Markets Review
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Energy Economics
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Energy Journal
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Energy Policy
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European Journal of Finance
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European Journal of Operational Research
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European Journal of Political Economy
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International Review of Financial Analysis
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Journal of Banking and Finance
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Journal of Business Research
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Journal of Business & Economic Statistics
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Journal of Empirical Finance
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Journal of Forecasting
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Journal of International Financial Markets, Institutions and Money
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Journal of International Money and Finance
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Journal of Macroeconomics
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Journal of the Operational Research Society
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Nature Energy
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Macroeconomic Dynamics
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Pacific Basin Finance Journal
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Quantitative Finance
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Quarterly Review of Economics and Finance
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Review of International Economics
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Revue d’Economie Politique
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Small Business Economics
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Studies in Nonlinear Dynamics and Econometrics
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etc.