Financial Market Contagion through the Internal Capital Markets of Global Banks.
The book Economic Crises and Financial Contagion is targeted at the applied researcher of financial economics. The methods cover the application of copula analysis, Markov chains and extreme value theory, causal identification based on panel data regression analysis, structural breaks and regime shifts. These tools could be used in various ways: Individual stock market analysis, contagion analysis (among stock markets and banking systems), policy evaluation, event-study and difference-in-differences analysis of important events and crises, such as the COVID-19 pandemic, and economic and political crises caused by unexpected outcomes of public voting, such as Brexit.
Deyan Radev, PhD gained his Bachelor's degree in Economics from the Faculty of Economics and Business Administration at Sofia University in 2006 and his Master's degree in International Business Economic Relations from the University of Konstanz, Germany in 2008. In 2013, Dr. Radev defended his dissertation Systemic Risk and Contagion in the European Union with Summa Cum Laude at Goethe University Frankfurt. In 2014, the dissertation was distinguished with two German national awards: The Special Prize of Deutsche Bundesbank for Best Dissertation in Germany and the Hochschulpreis of the German Institute for Capital Markets for Best Dissertation or Habilitation in Germany. Dr. Radev's systemic risk indices are in daily use by the European Central Bank and are reported regularly in the European Systemic Risk Board’s Risk Dashboard.
After 2013, Dr. Radev held a position as an Assistant Professor in Finance at Goethe University Frankfurt, before joining University of Bonn in 2016. Since February 2020, Deyan Radev, PhD is an Assistant Professor in Fintech and Banking at the Faculty of Economics and Business Administration at Sofia University, where he teaches courses in FinTech, corporate finance and banking regulation.
Dr. Radev has published academic research in the Journal of Banking and Finance, International Review of Economics and Finance, Springer Verlag's Studies in Systems, Decision and Control, ECB’s Financial Stability Review and others. His research has been presented to the Federal Reserve Board, the European Central Bank, the European Systemic Risk Board, the Bank of England, Deutsche Bundesbank, BIS and the conferences of AEA and EEA, to name a few.
Dr. Radev's scientific interests lie the fields of Blockchain, FinTech and Digitalization, Financial Economics, Bank Resolution, Banking Regulation, Banking and Financial Stability, Risk Management, Sovereign Default, Corporate Finance, Political Economy and Applied Econometrics.