Professor of Business Economics, Deputy Dean and Director of Research
Roles and Responsibilities
- Deputy Dean
- Director of Research
- Director of Credit Research Centre
- Member of Executive Team
Studied Economics at Lancaster and Cardiff. Has been a Visiting Fulbright Postdoctoral Research Scholar, McIntyre School of Commerce, University of Virginia, USA; a Visiting Fellow, University of Warwick, UK, and a Visiting Fellow, European University Institute, Florence. He is a Fellow of Financial Institutions Center, Wharton School, University of Pennsylvania; an External Research Fellow of the Centre for Finance, Credit and Macroeconomics at the University of Nottingham, and has been elected a Fellow of the Royal Society of Edinburgh and made a Fellow of the Academy of Social Sciences.
I tend to concentrate on two research areas.
- Modelling of credit risk and operational risk. The former includes survival and multistate modelling, modelling of loss given default, of exposure at default and stress testing. I am particularly interested in using novel predictors, issues concerning variation over time, capital requirements issues and the use of very large datasets. I am interested in models for retail credit of all types as well as credit to SMEs and large corporates.
- Economics of the consumer credit including the demand (consumption and finance models), the supply of credit and credit constraints using household level data.