Economics and Finance
Dr Renatas Kizys
- Qualifications: BA and MA in Economics (Vilnius University, Lithuania) Ph.D in Economics (University of Alicante, Spain)
- Role Title: Reader in Finance
- Address: Richmond Building Portland Street Portsmouth PO1 3DE
- Telephone: 023 9284 4635
- Email: email@example.com
- Department: Economics and Finance
- Faculty: Portsmouth Business School
I am a Reader in Finance within the Economics and Finance Subject Group at the University of Portsmouth. I hold a BA and MA in Economics (Vilnius University, Lithuania) and a Ph.D in Economics (University of Alicante, Spain). I also participated in the Advanced Studies Program in International Economic Policy Research at the Kiel Institute for the World Economy, Germany, where I was awarded Advanced Studies Certificate.
Prior to joining University of Portsmouth, I spent 3,5 years working as an Assistant Professor at Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM), Campus Monterrey (Mexico). I was also a P.K. Woolley Research Fellow in the Department of Economics and Related Studies at University of York, UK.
My research interests centre on asset pricing, financial markets and the macroeconomy, international financial integration, exchange-rate macroeconomics and macroeconomics of speculative bubbles.
I lecture in both undergraduate (Econometric Methods; Economics of Money, Banking and Financial Market; International Banking and Financial Management; Macroeconomics) and postgraduate (Banking; Economics in Business; Research Methods and Dissertation) degrees. In addition, I supervise third-year undergraduate students in the Independent Study Unit that uses research-informed learning methods.
My research is confined, but not limited, to the areas of Financial Economics and Macroeconomics. Research interests include: Asset Pricing, Financial Markets and the Macroeconomy, International Financial Integration, and Exchange-Rate Macroeconomics. My research (i) deals with sources of exchange rate exposure, (ii) studies equity risk premium, (iii) uses the stochastic-discount-factor approach to asset valuation, (iv) investigates the relation between realized portfolio betas and the business cycle, (v) analyses economic and institutional determinants of the prevalence of speculative bubbles in international stock markets, (vi) examines financial integration by decomposing actual stock prices into speculative bubbles and fundamentals, (vii) examines the relation between business cycle fluctuations and international equity correlations, (viii) studies the determinants of credit default swaps spreads and (ix) researches into the relation between trade credit management and the level of credit default risk in small and medium enterprises.