• Working Paper  Open Access

      Contingent convertible bonds for sovereign debt risk management 

      Consiglio, Andrea; Zenios, Stavros A. (The Wharton Financial Institutions Center. The Wharton School, University of Pennsylvania, PA., 2015-11)
      We consider convertible bonds that contractually stipulate payment standstill, contingent on a market indicator of a sovereign's creditworthiness breaching a distress threshold. This financial innovation limits ex-ante the ...
    • Article  

      A dynamic stochastic programming model for international portfolio management 

      Topaloglou, Nikolas; Vladimirou, Hercules; Zenios, Stavros A. (2008)
      We develop a multi-stage stochastic programming model for international portfolio management in a dynamic setting. We model uncertainty in asset prices and exchange rates in terms of scenario trees that reflect the empirical ...
    • Article  

      A dynamic stochastic programming model for international portfolio management 

      Topaloglou, Nikolas; Vladimirou, Hercules; Zenios, Stavros A. (2008)
      We develop a multi-stage stochastic programming model for international portfolio management in a dynamic setting. We model uncertainty in asset prices and exchange rates in terms of scenario trees that reflect the empirical ...
    • Doctoral Thesis  Open Access

      Essays in financial economics: dividend policy 

      Theodoulou, Giorgos Fr. (Πανεπιστήμιο Κύπρου, Σχολή Οικονομικών Επιστημών και Διοίκησης / University of Cyprus, Faculty of Economics and Management, 2008-04)
      Οι στόχοι της παρούσας διδακτορικής διατριβής είναι: 1) να εξετάσει τους παράγοντες οι οποίοι επηρεάζουν την μερισματική πολιτική των δημοσίων εταιρειών (το δείγμα υπό μελέτη αφορά εταιρείες εισηγμένες στα κυριότερα ...
    • Doctoral Thesis  Open Access

      Essays on financial intermediation 

      Kokas, Sotirios Ch. (Πανεπιστήμιο Κύπρου, Σχολή Οικονομικών Επιστημών και Διοίκησης / University of Cyprus, Faculty of Economics and Management, 2014-12)
      Η διατριβή με τίτλο «Δοκίμια για τη χρηματοπιστωτική διαμεσολάβηση» αποτελείται από τρία αλληλένδετα κεφάλαια που σχετίζονται με την βιβλιογραφία της εμπειρικής τραπεζικής. Στο πρώτο κεφάλαιο εκτιμούμε το βαθμό του ...
    • Doctoral Thesis  Open Access

      Essays on real options and multinationality 

      Ioulianou, Sophocles P. (Πανεπιστήμιο Κύπρου, Σχολή Οικονομικών Επιστημών και Διοίκησης / University of Cyprus, Faculty of Economics and Management, 2012-05)
      Η παρούσα διδακτορική διατριβή ασχολείται με το ερευνητικό θέμα “Real Options και Multinationality”. Η θεωρία των “Real Options” αφορά τη χρήση μεθόδων αποτίμησης προαιρετικών δικαιωμάτων για εκτίμηση επενδύσεων και λήψη ...
    • Article  

      Monitoring disruptions in financial markets 

      Andreou, Elena; Ghysels, Eric (2006)
      We study historical and sequential CUSUM change-point tests for strongly dependent nonlinear processes. These tests are used to monitor the conditional variance of asset returns and to provide real-time information regarding ...
    • Article  

      Optimizing international portfolios with options and forwards 

      Topaloglou, Nikolas; Vladimirou, Hercules; Zenios, Stavros A. (2011)
      We develop a stochastic programming model to address in a unified manner a number of interrelated decisions in international portfolio management: optimal portfolio diversification and mitigation of market and currency ...
    • Article  

      Optimizing international portfolios with options and forwards 

      Topaloglou, Nikolas; Vladimirou, Hercules; Zenios, Stavros A. (2011)
      We develop a stochastic programming model to address in a unified manner a number of interrelated decisions in international portfolio management: optimal portfolio diversification and mitigation of market and currency ...
    • Working Paper  Open Access

      Stochastic debt sustainability analysis for sovereigns and the scope for optimization modeling 

      Consiglio, Andrea; Zenios, Stavros A. (The Wharton Financial Institutions Center. The Wharton School, University of Pennsylvania, PA., 2017-05)
      We express the opinion that sovereign debt sustainability analysis must be augmented by stochastic correlated risk factors and a risk measure to capture tail effects. Crisis situations can thus be adequately specified and ...
    • Book  

      Xenobiotics in the urban water cycle: mass flows, environmental processes, mitigation and treatment strategies 

      Φάττα-Κάσινου, Δέσπω; Bester, Kai; Kummerer, Klaus (Springer, 2010)