Ilias Tsiakas | College of Business and Economics

Ilias Tsiakas

Professor
Department of Economics and Finance
Email: 
itsiakas@uoguelph.ca
Phone number: 
ext. 53054
Fax: 
519-763-8497
Office: 
MacKinnon (MCKN), Room 737

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Biography

Areas of Specialization: Asset Pricing, International Finance, Financial Econometrics, Climate Finance.

Ilias Tsiakas is Professor of Finance at the University of Guelph.  He was previously Associate Professor of Finance at Warwick Business School in the UK, and Director of the Warwick PhD program in Finance.  He has also been a Visiting Professor at the University of Toronto. 

Ilias is an active researcher in asset pricing, international finance, financial econometrics, and climate finance.  His research has been published in leading finance journals, including: Journal of Financial EconomicsReview of Financial StudiesJournal of Banking of FinanceJournal of International Money and FinanceJournal of Financial Markets, Journal of Financial Econometrics, and Journal of Financial Research.  His research has also been summarized in various practitioner outlets such as The Financial Times, The CFA Digest and in leading research websites such as VoxEU.org and Economonitor.com.  Ilias currently holds a 5-year research grant from the Social Sciences and Humanities Research Council of Canada (SSHRC) to study the role of global financial markets in regulating carbon emissions. 

Finally, Ilias is Associate Editor for Economic Inquiry.

1996 – 2001     Ph.D. Economics, University of Toronto
                                  Fields: Finance and Financial Econometrics

1995 – 1996     M.A. Economics, York University (Canada)

1991 – 1995     B.A. (Hons) Economics and Political Science, University of Toronto

2018                         CBE Research Impact Award, University of Guelph.

2012 – present   Senior Fellow, Rimini Centre for Economic Analysis

2010                         Best Paper Prize by INQUIRE UK for “Spot and Forward Volatility in Foreign Exchange,” 
                                     co-authored with Pasquale Della Corte and Lucio Sarno. 

2010                         Outstanding Article Award by the Journal of Financial Research for “The Economic Gains of Trading Stocks around Holidays.”

2007 – 2010        Outstanding MBA Teacher Award, University of Warwick

2007 – 2010        Outstanding Undergraduate Teacher Award, University of Warwick

1996 – 2001        University of Toronto Doctoral Fellowship
 

 

2017 – 2022   SSHRC Insight Grant: “Carbon Emissions and Global Financial Markets.”  Principal
                                Investigator: Ilias Tsiakas.  Co-applicant: Marcel Oestreich.  Amount: $79,310.

2016 – 2017   CBE Research Development Grant (SSHRC 4A), University of Guelph.  Amount: $4,000.

2015 – 2016   CBE Research Development Grant (SSHRC 4A), University of Guelph.  Amount: $5,000.

2011 – 2014   SSHRC Research Grant: “Exchange Rates, Order Flow and Global Asset Allocation.”  Principal
                                Investigator: Ilias Tsiakas.  Collaborators: Pasquale Della Corte and Lucio Sarno. 
                                Amount: $68,700.

2010 – 2012   University of Guelph Start-up Grant.

2008 – 2009   INQUIRE UK Research Grant: “The Macro-Finance of Exchange Rates: Linking Global
                                Imbalances to Currency Fluctuations.” Principal Investigator: Lucio Sarno.
                                Co-applicants: Pasquale Della Corte and Ilias Tsiakas.  Amount: £10,000.

2001 – 2010   Research Development Grants, University of Warwick.

               Journal of Financial Markets  36, 56-75.
 
Sarno, L., I. Tsiakas, and B. Ulloa (2016). “What Drives International Portfolio Flows?” 
               Journal of International Money and Finance  60, 53-72.
 
               Journal of Banking and Finance  58, 294-308.
 
               Journal of Financial Econometrics  13, 293-341.
 
               Journal of Banking and Finance  42, 302-313. 
               Abstracted in the CFA Digest vol 44, no.6 (June 2014).
 
Della Corte, P., and I. Tsiakas (2012). “Statistical and Economic Methods for Evaluating Exchange Rate Predictability.” in James, J., L. Sarno and I.W. Marsh (eds.)
               Handbook of Exchange Rates. Hoboken, NJ: Wiley.
 
Dela Corte, P., L. Sarno, and I. Tsiakas (2012). “Volatility and Correlation Timing in Active Currency Management.” in James, J., L. Sarno and I.W. Marsh (eds.)
               Handbook of Exchange Rates. Hoboken, NJ: Wiley.
 
Della Corte, P., L. Sarno, and I. Tsiakas (2011). “Spot and Forward Volatility in Foreign Exchange,” 
               Journal of Financial Economics  100, 496-513. 
               Awarded the 2010 best paper prize by INQUIRE UK. 
               Highlighted on January 26, 2011 in the Financial Times ft.com/alphaville  section.
 
               Journal of Financial Research  33, 1-26 (lead article). 
               Abstracted in the CFA Digest vol 40, no.3 (August 2010). 
               Received the 2010 Outstanding Article Award by the journal.
 
Della Corte, P., L. Sarno, and I. Tsiakas (2009). “An Economic Evaluation of Empirical Exchange Rate Models,” 
               Review of Financial Studies  22, 3491-3530.
 
               Journal of Banking and Finance  32, 251-268.
 
               Journal of Financial Econometrics  4, 90-135.
 
               Finance Letters  3, 124-132.
               Special issue on “Modeling of the Equity Market,” Ed. Frank J. Fabozzi.

ECON 2560 - Theory of Finance

ECON 3660 - Economics of Equity Markets (Investments)

ECON 6380 - Financial Economics (graduate)