Dr Thomas Flavin

    School of Business

    Associate Professor

    Rhetoric House
    56
    (01) 708 3369

    Biography

    Dr. Thomas Flavin is an Associate Professor in Finance. Thomas joined the Department of Economics, Finance and Accounting in 1998 after completing his D.Phil on 'Tactical Asset Allocation' at University of York, under the supervision of Michael Wickens. He subsequently joined the Maynooth University School of Business in August 2020.  

    His research fits within the broad area of empirical finance, with a special focus on financial market linkages and shock transmission; financial contagion; asset allocation; and corporate finance. He has published in leading peer-reviewed academic journals such as Journal of Banking and Finance, Journal of International Money and Finance, Economics Letters, Emerging Markets Review, Journal of Forecasting, and Journal of International Financial Markets, Institutions and Money among others. He has also contributed a number of chapters on edited volume. He has held visiting positions at University of York, University of Cambridge and the Federal Reserve Bank of Atlanta.

    He has taught a broad range of Finance modules at both undergraduate and postgraduate level, supervised several MSc theses, and acted as lead supervisor for four successful PhD students.  

    Research Interests

    My research interests span a range of empirical finance issues. My current research focuses on the following issues:

    Financial Contagion and Shock Transmission
    I am particularly interested in the detection and measurement of financial contagion. Tests of the stability of the shock transmission mechanism across market conditions is an important issue in many issues in financial economics and a clear understanding is crucial for the development of appropriate policy responses.

    Portfolio and Investment Management
    I am also interested in measuring financial market co-movements and how diversification strategies perform during downturns and crises.

    Macroeconomic influences on financial markets
    The interaction of macroeconomic factors and financial market variables is another focus of my research. To what extent do macroeconomic influences drive financial market returns and co-movements?

    Corporate Payout Strategies
    I am interested in how corporations - particularly emerging market firms - use payouts (dividends, debt repayments and share repurchases) to signal good governance and build trust with external stakeholders. 

    Further details of research output are available on

    Orcid - http://orcid.org/0000-0002-9469-5063

    Scopus - Author ID: 6701810599

    Ideas - https://ideas.repec.org/e/pfl45.html

    Google Citations - https://scholar.google.com/citations?user=Fz_nlbIAAAAJ&hl=en

    Peer Reviewed Journals

      Year Publication
    2022 'Non-financial corporations and systemic risk'
    Dungey, M., Flavin, T., O'Connor, T., and M. Wosser (2022) 'Non-financial corporations and systemic risk'. Journal of Corporate Finance, 72 (102129):1-19 [DOI] [Details]
    2021 'Corporate governance, lifecycle and payout precommitment: an emerging market study'
    Flavin, T., Goyal, A. and T. O'Connor (2021) 'Corporate governance, lifecycle and payout precommitment: an emerging market study'. Journal of Financial Research, 44 (1):179-209 [DOI] [Details]
    2021 'Banks and sovereigns: Did adversity bring them closer?'
    Dungey, M., Flavin, T.J., Sheenan, L. (2021) 'Banks and sovereigns: Did adversity bring them closer?'. European Journal of Finance, [DOI] [Details]
    2020 'Are banking shocks contagious? Evidence from the eurozone'
    Dungey M.;Flavin T.;Lagoa-Varela D. (2020) 'Are banking shocks contagious? Evidence from the eurozone'. Journal of Banking and Finance, 112 (3):1-17 [DOI] [full-text] [Details]
    2021 'On the stability of stock-bond comovements across market conditions in the Eurozone periphery'
    Flavin T.;Lagoa-Varela D. (2021) 'On the stability of stock-bond comovements across market conditions in the Eurozone periphery'. Global Finance Journal, 49 (100491):1-16 [DOI] [Details]
    2017 'Reputation building and the lifecycle model of dividends'
    Flavin, T., and T. O'Connor (2017) 'Reputation building and the lifecycle model of dividends'. Pacific Basin Finance Journal, 46 :177-190 [DOI] [full-text] [Details]
    2016 'Contagion in Eurozone sovereign bond markets? The good, the bad and the ugly'
    Cronin D.;Flavin T.;Sheenan L. (2016) 'Contagion in Eurozone sovereign bond markets? The good, the bad and the ugly'. Economics Letters, 143 :5-8 [DOI] [Details]
    2015 'The role of US subprime mortgage-backed assets in propagating the crisis: Contagion or interdependence?'
    Flavin, TJ;Sheenan, L (2015) 'The role of US subprime mortgage-backed assets in propagating the crisis: Contagion or interdependence?'. North American Journal of Economics and Finance, 34 :167-186 [DOI] [Details]
    2015 'Strategic, unaffordability and dual-trigger default in the Irish mortgage market'
    Connor, G;Flavin, T (2015) 'Strategic, unaffordability and dual-trigger default in the Irish mortgage market'. Journal of Housing Economics, 28 :59-75 [DOI] [full-text] [Details]
    2014 'Identifying safe haven assets for equity investors through an analysis of the stability of shock transmission'
    Flavina, TJ;Morleya, CE;Panopoulou, E (2014) 'Identifying safe haven assets for equity investors through an analysis of the stability of shock transmission'. Journal of International Financial Markets, Institutions and Money, 33 :137-154 [DOI] [Details]
    2013 'The Effects of Ownership Structure on Corporate Financing Decisions: Evidence from Stock Market Liberalization'
    Flavin, T., and T. O'Connor. (2013) 'The Effects of Ownership Structure on Corporate Financing Decisions: Evidence from Stock Market Liberalization'. International Review of Finance, 13 :383-405 [DOI] [full-text] [Details]
    2013 'Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities'
    Dungey, M;Dwyer, GP;Flavin, T (2013) 'Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities'. Open Economies Review, 24 (1):5-32 [DOI] [full-text] [Details]
    2012 'The US and Irish credit crises: Their distinctive differences and common features'
    Connor, G;Flavin, T;O'Kelly, B (2012) 'The US and Irish credit crises: Their distinctive differences and common features'. Journal of International Money and Finance, 31 :60-79 [DOI] [Details]
    2010 'DETECTING SHIFT AND PURE CONTAGION IN EAST ASIAN EQUITY MARKETS: A UNIFIED APPROACH'
    Flavin, TJ;Panopoulou, E (2010) 'DETECTING SHIFT AND PURE CONTAGION IN EAST ASIAN EQUITY MARKETS: A UNIFIED APPROACH'. Pacific Economic Review, 15 :401-421 [DOI] [full-text] [Details]
    2010 'The sequencing of stock market liberalization events and corporate financing decisions'
    Flavin, T., and T. O'Connor. (2010) 'The sequencing of stock market liberalization events and corporate financing decisions'. Emerging Markets Review, 11 :183-204 [DOI] [full-text] [Details]
    2009 'Forecasting Growth and Inflation in an Enlarged Euro Area'
    Flavin, T;Panopoulo, E;Pantelidis, T (2009) 'Forecasting Growth and Inflation in an Enlarged Euro Area'. Journal of Forecasting, 28 :405-425 [DOI] [full-text] [Details]
    2009 'On the robustness of international portfolio diversification benefits to regime-switching volatility'
    Flavin T.;Panopoulou E. (2009) 'On the robustness of international portfolio diversification benefits to regime-switching volatility'. Journal of International Financial Markets, Institutions and Money, 19 (1):140-156 [DOI] [full-text] [Details]
    2009 'Financial v Non-financial stocks: Time-varying correlations and risks'
    Flavin, Thomas J. and Eirini Syngelaki (2009) 'Financial v Non-financial stocks: Time-varying correlations and risks'. Journal of Economic Asymmetries, 6 :71-92 [DOI] [full-text] [Details]
    2008 'On the stability of domestic financial market linkages in the presence of time-varying volatility'
    Flavin T.;Panopoulou E.;Unalmis D. (2008) 'On the stability of domestic financial market linkages in the presence of time-varying volatility'. Emerging Markets Review, 9 (4):280-301 [DOI] [full-text] [Details]
    2007 'Fiscal, Monetary Policy and the Conditional Risk Premium in short-term Real Interest Rate Differentials: An Application of Tobin’s Portfolio Theory'
    Thomas J. Flavin and Michele G. Limosani (2007) 'Fiscal, Monetary Policy and the Conditional Risk Premium in short-term Real Interest Rate Differentials: An Application of Tobin’s Portfolio Theory'. INTERNATIONAL REVIEW OF ECONOMICS AND FINANCE, 16 :101-112 [DOI] [full-text] [Details]
    2006 'Optimal international asset allocation with time-varying risk'
    Flavin, TJ;Wickens, MR (2006) 'Optimal international asset allocation with time-varying risk'. Scottish Journal of Political Economy, 53 :543-564 [full-text] [Details]
    2006 'How risk averse are fund managers? Evidence from Irish mutual funds'
    Flavin T. (2006) 'How risk averse are fund managers? Evidence from Irish mutual funds'. Applied Financial Economics, 16 (18):1355-1363 [DOI] [full-text] [Details]
    2006 'Real and Financial Aspects of Financial Integration'
    Thomas J. Flavin, Brian Lucey and Svitlana Voronkova (2006) 'Real and Financial Aspects of Financial Integration'. Quarterly Review of Economics and Finance, 46 :315-316 [DOI] [full-text] [Details]
    2004 'The effect of the Euro on country versus industry portfolio diversification'
    Flavin, TJ (2004) 'The effect of the Euro on country versus industry portfolio diversification'. Journal of International Money and Finance, 23 :1137-1158 [DOI] [full-text] [Details]
    2003 'Macroeconomic influences on optimal asset allocation'
    Flavin T.;Wickens M. (2003) 'Macroeconomic influences on optimal asset allocation'. Review of Financial Economics, 12 (2):207-231 [DOI] [full-text] [Details]
    2002 'Explaining Stock Market Correlation: A Gravity Model Approach'
    Thomas J. Flavin, Margaret Hurley and Fabrice Rousseau (2002) 'Explaining Stock Market Correlation: A Gravity Model Approach'. THE MANCHESTER SCHOOL, 70 :87-106 [DOI] [full-text] [Details]
    2000 'Fiscal policy and the term premium in real interest rate differentials'
    Flavin T.;Limosani M. (2000) 'Fiscal policy and the term premium in real interest rate differentials'. Applied Financial Economics, 10 (4):413-417 [full-text] [Details]

    Book Chapters

      Year Publication
    2020 'Financial Contagion and Shock Transmission during the Global Financial Crisis: A review of the Literature'
    Thomas J. Flavin and Dolores Lagoa-Varela (2020) 'Financial Contagion and Shock Transmission during the Global Financial Crisis: A review of the Literature' In: Begoña Álvarez-García and José-Pablo Abeal-Vázquez (eds). Emerging Tools and Strategies for Financial Managment. Hershey PA, USA: IGI Global. [DOI] [Details]
    2019 'From Bulls to Bears: Stock-Bond Comovements in European Markets'
    Thomas J. Flavin (2019) 'From Bulls to Bears: Stock-Bond Comovements in European Markets' In: Boubaker, Sabri and Nguyen, Duc Khuong (eds). Handbook of Global Financial Markets: Transformations, Dependence and Risk Spillovers. London: World Scientific Publishing Company. [DOI] [Details]
    2017 'The Financial Sector'
    Connor, Gregory, Flavin, Thomas, and Brian O'Kelly (2017) 'The Financial Sector' In: W.K.Roche, P.J. O'Connell and A. Prothero (eds). Austerity and Recovery in Ireland: Europe's Poster Child and the Great Recession. Oxford, UK: Oxford University Press. [DOI] [Details]
    2011 'The effects of asymmetric volatility shocks on equity and foreign exchange rate interactions'
    Flavin T.;Panopoulou E.;Pantelidis T.;Unalmis D. (2011) 'The effects of asymmetric volatility shocks on equity and foreign exchange rate interactions' In: Finance and Banking Developments. [Details]
    2013 'International Investment Patterns'
    Broome, Simon J. and Thomas J. Flavin (2013) 'International Investment Patterns' In: Baker, H.K. and L.A. Riddick (eds). International Finance: A Survey. New York: Oxford University Press. [DOI] [Details]
    2009 'Dealing with East Asian equity market contagion: some policy implications'
    Flavin, Thomas J and Panopoulou, Ekaterini (2009) 'Dealing with East Asian equity market contagion: some policy implications' In: Gregoriou, G.N (eds). Emerging Markets: Performance, Analysis and Innovation. London: Chapman-Hall/CRC/Taylor & Francis. [DOI] [Details]

    Other Journals

      Year Publication
    2012 'How Obama's policies may hurt investment in Ireland'
    Dr Thomas J Flavin (2012) 'How Obama's policies may hurt investment in Ireland' The Journal.ie, 0 . [full-text] [Details]
    2010 'Credit Default Swaps on Government Debt: Mindless Speculation?'
    Dwyer, Gerald P and Flavin, Thomas J (2010) 'Credit Default Swaps on Government Debt: Mindless Speculation?' Notes from the Vault, CENFIS, Federal Reserve Bank of Atlanta, :1-5. [full-text] [Details]
    2009 'Vintage and Credit Rating: What matters in the ABX data during the credit crunch?'
    Dungey, M., Dwyer, G., and Thomas J Flavin (2009) 'Vintage and Credit Rating: What matters in the ABX data during the credit crunch?' Proceedings of the Federal Reserve Bank of San Francisco, 1 :1-35. [full-text] [Details]

    Conference Contributions

      Year Publication
    2021 School of Business Seminar, Maynooth University.
    Thomas Flavin (2021) School of Business Seminar, Maynooth University. [Oral Presentation], Industrials and Systemic Risk, Maynooth [Details]
    2019 Invited Seminar, Queens University Belfast.
    Thomas Flavin (2019) Invited Seminar, Queens University Belfast. [Oral Presentation], Industrials and Systemic Risk, Belfast , 13-NOV-19 - 13-NOV-19 [Details]
    2018 Irish Academy of Finance Conference.
    Thomas Flavin (2018) Irish Academy of Finance Conference. [Oral Presentation], Banks and Sovereigns: Did Adversity bring them closer?, Dunboyne Castle [full-text] [Details]
    2017 Invited Seminar, Universidad Alcala (UAH) Madrid.
    Thomas Flavin (2017) Invited Seminar, Universidad Alcala (UAH) Madrid. [Oral Presentation], Are Banking Shocks Contagious? Evidence from the Eurozone, Alcala de Henares , 14-JUN-17 [Details]
    2016 Irish Economic Association 30th Annual Conference.
    Thomas Flavin (2016) Irish Economic Association 30th Annual Conference. [Oral Presentation], Are Banking Shocks Contagious? Evidence from the Eurozone, NUI Galway [Details]
    2016 International Finance and Banking Society Conference.
    Thomas Flavin (2016) International Finance and Banking Society Conference. [Oral Presentation], Are Banking Shocks Contagious? Evidence from the Eurozone, Barcelona [Details]
    2015 New Financial Reality.
    (2015) New Financial Reality. [Oral Presentation], Linkages Between Banks & Non-Financial Corporations During the Crisis: Contagion or Interdependence?, IPAG Business School, Nice [Details]
    2013 NUIM-DCU Finance Conference.
    (2013) NUIM-DCU Finance Conference. [Oral Presentation], Analysing Contagion from the U.S. Subprime-mortgage Market: A MS-VAR Approach, NUI Maynooth [Details]
    2013 NUI Galway Invited Seminar Series.
    (2013) NUI Galway Invited Seminar Series. [Oral Presentation], Systematic and Liquidity Risk in Subprime-mortgage Backed Securities, NUI Galway [Details]
    2012 44th Annual Money Macro and Finance Conference.
    (2012) 44th Annual Money Macro and Finance Conference. [Oral Presentation], Systematic and Liquidity Risk in Subprime Asset backed Securities, Trinity College Dublin [Details]
    2011 12th Iberian-Italian Congress of Financial and Actuarial Mathematics.
    (2011) 12th Iberian-Italian Congress of Financial and Actuarial Mathematics. [Oral Presentation], Systematic and Liquidity Risk in Subprime Mortgage Backed Assets, Lisbon [Details]
    2010 XIX International Tor Vergata Conference on Money, Banking and Finance.
    (2010) XIX International Tor Vergata Conference on Money, Banking and Finance. [Oral Presentation], The U.S. and Irish Credit Crises: Their Distinctive Differences and Common Features, Rome [Details]
    2010 Midwest Finance Association 2010 Conference.
    (2010) Midwest Finance Association 2010 Conference. [Oral Presentation], The sequencing of stock market liberalization events and corporate financing decisions, Las Vegas, NV [Details]
    2010 Midwest Finance Association 2010 Conference.
    (2010) Midwest Finance Association 2010 Conference. [Oral Presentation], Discussion of 'Determination of Corporate Ownership Concentration & its relation to Tunneling', Las Vegas NV [Details]
    2010 8th INFINITI Conference on International Finance.
    (2010) 8th INFINITI Conference on International Finance. [Oral Presentation], Credit and Liquidity Risk in Subprime Mortgage Backed Assets, Trinity College Dublin [Details]
    2010 XIX International Tor Vergata Conference on Money, Banking and Finance.
    (2010) XIX International Tor Vergata Conference on Money, Banking and Finance. [Oral Presentation], Discussion of 'Why Money Matters: A Fourth Natural Experiment', Rome [Details]
    2010 8th INFINITI Conference on International Finance.
    (2010) 8th INFINITI Conference on International Finance. [Oral Presentation], Discussion of 'Legal Regime, Size and Liquidity Factors in Asset Pricing', Trinity College Dublin [Details]
    2010 EFA Seminars.
    (2010) EFA Seminars. [Oral Presentation], Modelling the risk factors in US Subprime Mortgage backed assets, NUI Maynooth [Details]
    2009 Conference on 'Regulating Systemic Risk', Centre for Financial Innovation and Stability.
    (2009) Conference on 'Regulating Systemic Risk', Centre for Financial Innovation and Stability. [Oral Presentation], The U.S. and Irish Credit crises: Similarities and Differences, Federal Reserve Bank of Atlanta [Details]
    2009 7th INFINITI conference on International Finance.
    (2009) 7th INFINITI conference on International Finance. [Oral Presentation], Vintage and Credit Rating: What matters in the ABX data during the credit crunch?, Trinity College Dublin [Details]
    2009 7th INFINITI Conference on International Finance.
    (2009) 7th INFINITI Conference on International Finance. [Oral Presentation], Invited Discussion of 'Resolving the Price-Earnings Puzzle at the Macro Level', Trinity College Dublin [Details]
    2003 Irish Economic Association.
    Flavin, T (2003) Irish Economic Association. LIMERICK , 25-APR-03 - 25-APR-03 [Details]
    2003 XII International Tor Vergata Conference on Banking and Finance.
    Flavin, T (2003) XII International Tor Vergata Conference on Banking and Finance. [Oral Presentation], Tor Vergata, Rome , 10-DEC-03 - 12-DEC-03 [Details]
    2001 Department of Economics Workshop.
    Flavin, T. & M. Wickens (2001) Department of Economics Workshop. NUI, Maynooth , 11-JAN-01 - 11-JAN-01 [Details]
    2001 University of Limerick Seminar.
    Flavin, T (2001) University of Limerick Seminar. University of Limerick , 05-JAN-01 - 05-JAN-01 [Details]
    2001 Irish Economic Association Annual Conference.
    Flavin, Hurley and Rousseau (2001) Irish Economic Association Annual Conference. Portumna , 04-JAN-01 - 04-JAN-01 [Details]
    1999 European Finance Association Annual Conference.
    Flavin, T. & M. Wickens (1999) European Finance Association Annual Conference. HELSINKI , 27-AUG-99 - 29-AUG-99 [Details]
    1998 ASSET Conference.
    Flavin, T. & M. Wickens (1998) ASSET Conference. Bologna, Italy , 25-OCT-98 - 27-OCT-98 [Details]

    Editorial

      Year Publication
    2006 Real and financial aspects of financial integration.
    Flavin T.;Lucey B.;Voronkova S. (2006) Real and financial aspects of financial integration. Editorial [DOI] [full-text] [Details]

    Thesis

      Year Publication
    1999 Tactical Asset Allocation.
    Thomas J Flavin (1999) Tactical Asset Allocation. University of York: Thesis [Details]

    Working Paper

      Year Publication
    2020 Banks and Sovereigns: Did Adversity bring them Closer?.
    Dungey, M., Thomas J. Flavin and Lisa Sheenan (2020) Banks and Sovereigns: Did Adversity bring them Closer?. Maynooth Univeristy: Working Paper [Details]
    2020 Role of Corporate Governance and Lifecycle in determining payout precommitment in an emerging market.
    Flavin, T., Goyal, A., O'Connor, T. (2020) Role of Corporate Governance and Lifecycle in determining payout precommitment in an emerging market. Maynooth Univeristy: Working Paper [Details]
    2020 Industrial firms and Systemic Risk.
    Dungey, M., Flavin, T., O'Connor, T and Wosser. M. (2020) Industrial firms and Systemic Risk. Maynooth Univeristy: Working Paper [Details]
    2019 On the stability of stock-bond comovements across market conditions in the Eurozone periphery.
    Flavin, Thomas J. and Lagoa-Varela, Dolores (2019) On the stability of stock-bond comovements across market conditions in the Eurozone periphery. Maynooth: Working Paper [full-text] [Details]
    2017 Reputation building and the lifecycle model of dividends.
    Flavin, T., and T. O'Connor (2017) Reputation building and the lifecycle model of dividends. Working Paper [full-text] [Details]
    2016 Do long-term bonds hedge equity risk? Evidence from Spain.
    Flavin, T.J. and D. Lagoa-Varela (2016) Do long-term bonds hedge equity risk? Evidence from Spain. Maynooth: Working Paper [full-text] [Details]
    2016 Are Banking Shocks Contagious? Evidence from the Eurozone.
    Flavin, T.J. and D. Lagoa-Varela (2016) Are Banking Shocks Contagious? Evidence from the Eurozone. Working Paper [full-text] [Details]
    2016 Contagion in Eurozone Sovereign Bond Markets? The Good, the Bad and the Ugly.
    Cronin, D., Flavin, T.J. and L.S. Sheenan (2016) Contagion in Eurozone Sovereign Bond Markets? The Good, the Bad and the Ugly. Working Paper [full-text] [Details]
    2015 Restructuring and Recovery of the Irish Financial Sector: An Economic Case History.
    Connor, Gregory, Thomas J Flavin and Brian O'Kelly (2015) Restructuring and Recovery of the Irish Financial Sector: An Economic Case History. Working Paper [full-text] [Details]
    2014 Identifying safe haven assets for equity investors through an analysis of the stability of shock transmission.
    Flavin, Thomas J., Morley, C. and Panopoulou E. (2014) Identifying safe haven assets for equity investors through an analysis of the stability of shock transmission. Working Paper [full-text] [Details]
    2013 Irish Mortgage Default Optionality.
    Connor, Gregory and Thomas J Flavin (2013) Irish Mortgage Default Optionality. Working Paper [full-text] [Details]
    2013 The effects of ownership structure on corporate financing decisions: evidence from stock market liberalizations.
    Flavin, Thomas J. and O'Connor, Thomas (2013) The effects of ownership structure on corporate financing decisions: evidence from stock market liberalizations. Working Paper [full-text] [Details]
    2011 Systematic and Liquidity Risk in Subprime Mortgage Backed Assets.
    Dungey, Mardi, Gerald Dwyer and Thomas J. Flavin (2011) Systematic and Liquidity Risk in Subprime Mortgage Backed Assets. Working Paper [full-text] [Details]
    2010 The U.S. and Irish Credit Crises: Their distinctive Differences and Common Features.
    Connor, Gregory, Flavin, Thomas and O'Kelly, Brian (2010) The U.S. and Irish Credit Crises: Their distinctive Differences and Common Features. Working Paper [full-text] [Details]
    2010 The sequencing of stock market liberalization events and corporate financing decisions.
    Flavin, T., and T. O'Connor (2010) The sequencing of stock market liberalization events and corporate financing decisions. Working Paper [full-text] [Details]
    2009 The Sequencing of stock market liberalization events and corporate financing decisions.
    O'Connor, Thomas and Flavin, Thomas J. (2009) The Sequencing of stock market liberalization events and corporate financing decisions. Working Paper [full-text] [Details]
    2008 Forcasting Growth and Inflation in an Enlarged Euro Area.
    Flavin, T., Panopoulou, E. and Pantelidis, T. (2008) Forcasting Growth and Inflation in an Enlarged Euro Area. Working Paper [full-text] [Details]
    2008 On the stability of domestic financial market linkages in the presence of time-varying volitility.
    Flavin, T., Panopoulou, E. and Unalmis, D. (2008) On the stability of domestic financial market linkages in the presence of time-varying volitility. Working Paper [full-text] [Details]
    2008 Detecting shift and pure contagion in East Asian equity markets: a unified approach.
    Flavin, T.J. and E. Panopoulou (2008) Detecting shift and pure contagion in East Asian equity markets: a unified approach. Working Paper [full-text] [Details]
    2007 On the robustness of international portfolio diversification benefits to regime-switching volatility.
    Flavin, T. and Panopoulou, E. (2007) On the robustness of international portfolio diversification benefits to regime-switching volatility. Working Paper [full-text] [Details]
    2006 How Risk Averse are Fund Managers? Evidence from Irish Mutual Funds.
    Flavin, T. (2006) How Risk Averse are Fund Managers? Evidence from Irish Mutual Funds. Working Paper [full-text] [Details]
    2004 The Effect of the Euro on Country Versus Industry portfolio Diversification.
    Flavin, T. (2004) The Effect of the Euro on Country Versus Industry portfolio Diversification. Working Paper [full-text] [Details]
    2001 Explaining Stock Market Correlation: A Gravity Model Approach.
    Flavin, T.J., Hurley, M.J. and Rousseau, F. (2001) Explaining Stock Market Correlation: A Gravity Model Approach. Working Paper [full-text] [Details]

    Conference Hosted

      Year Publication
    2014 Financial Crises: Transmission and Recovery.
    Thomas Flavin (2014) Financial Crises: Transmission and Recovery. Conference Hosted [Details]

    Professional Associations

      Association Function From / To
    Irish Economic Association Member 01-OCT-98 / 31-DEC-20
    Irish Academy of Finance Council Member 29-NOV-18 / 30-NOV-21

    Committees

      Committee Function From / To
    Scientific Committee of the International Conference in Applied Theory, Macro and Empirical Finance Program Advisor 2017 / 2017
    School of Business Research Committee Member 2020 /

    Education

      Year Institution Qualification Subject
    1999 University of York D.Phil Financial Economics
    1995 NUI Maynooth M.A. Economics and Finance
    1993 University of Limerick Bachelor of Business Studies Accounting and Finance

    Languages

      Language Reading Writing Speaking
    Spanish Basic Basic Basic
    English Fluent Fluent Fluent

    Reviews

      Journal Role
    Empirical Economics Referee
    Economics Letters Referee
    International Journal Of Finance And Economics Referee
    Journal Of International Money And Finance Referee
    Economic And Social Review Referee
    Journal Of Financial Stability Reviewer
    Applied Financial Economics Referee
    Finance Research Letters Referee
    Journal Of Common Market Studies Referee
    Journal Of Economic Studies Referee
    Journal Of International Financial Markets, Institutions And Money Referee
    Economic Modelling Referee
    Journal Of Asian Economics Referee
    European Journal Of Finance Referee
    Ecological Economics Referee
    Quantitative Finance Referee
    Economic Journal Referee
    Emerging Markets Review Referee

    Other Activities

      Description

    Review provided for the FSI Crisis Management Series No. 2, "The Banking Crisis in Ireland"

    Teaching Interests

    I have taught modules in Finance at all levels to Undergraduate and Postgraduate students. 

    My main teaching interests are in Financial Derivatives and International Finance..

    Current Modules:
    FN106: Introduction to Macroeconomics and Financial Economics
    FN308: Derivatives II: An Analysis of Options and Credit Derivatives
    FN620: Applied Financial Econometrics
    FN624: Advanced Derivatives


    Recent Postgraduates

      Graduation Student Name University Degree Thesis
    2007 Thomas O'Connor Maynooth University Ph.D The effects of International Equity Cross-Listing on Investor Protection and Firm Value
    2010 Eirini Syngelaki Maynooth University Ph.D Three Essays on International Financial Market Linkages
    2014 Ciara Morley Maynooth University Ph.D Three Essays on identifying safe havens for equity investors
    2014 Lisa Marie Sheenan Maynooth University Ph.D Four Essays Investigating the U.S. Subprime Mortgage-backed Securities Market

    Internal Collaborators

      Name Institute Country
    Thomas O'Connor Maynooth University IRELAND
    Gregory Connor Maynooth University IRELAND

    External Collaborators

      Name Role / Description Country
    Ekaterini Panopoulou. Essex Business School co-author UNITED KINGDOM
    Mardi Dungey. University of Tasmania co-author AUSTRALIA
    Theologus Pantelidis, University of Macedonia co-author GREECE
    Dolores Lagoa-Varela, Universidad A Coruna co-author SPAIN
    Lisa Sheenan, Queens University Belfast co-author IRELAND
    Gerald P Dwyer Jr. Clemson University co-author U.S.A.