Faculty Profile

Costas Xiouros

Associate Professor - Department of Finance

Biography

Personal homepage
The core of my research interests is in the area of asset pricing. Specifically, I investigate what determines the expected returns of assets and what drives asset price fluctuations. I mostly work with theoretical models of general equilibrium, with and without production, and in several of my investigations I examine the impact of investor heterogeneity on asset prices as well as trading.

Area of Expertise

Publications

Xiouros, Costas (2016)

Handling of the Laiki Bank ELA and the Cyprus Bail-In Package

Michaelides, Alexander & Orphanides, Athanasios (red.). The Cyprus Bail-in. Policy Lessons from the Cyprus Economic Crisis

Xiouros, Costas & Zapatero, Fernando (2010)

The Representative Agent of an Economy with External Habit Formation and Heterogeneous Risk Aversion

The Review of financial studies, 23(8), s. 3017- 3047. Doi: 10.1093/rfs/hhq029

Saunders, David; Xiouros, Costas & Zenios, Stavros (2007)

Credit Risk Optimization Using Factor Models

Annals of Operations Research, 152(1), s. 49- 77.

Nerouppos, Marios; Saunders, David, Xiouros, Costas & Zenios, Stavros (2006)

Risk Management in Emerging Markets: Practical Methodologies and Empirical Tests.

Multinational Finance Journal, 10(3), s. 179- 221.

Xiouros, Costas & Zapatero, Fernando (2019)

Heterogeneous expectations in a large economy and the quantitative implications for asset prices

[Report]. Handelshøyskolen BI.

Xiouros, Costas (2017)

Trading and Asset Prices

[Report]. Handelshøyskolen BI.

Xiouros, Costas; Ehling, Paul, Cooper, Ilan & Zhanhui, Chen (2017)

Risk Aversion Sensitive Real Business Cycles

[Report]. Center of Asset Pricing Research.

Xiouros, Costas; Ehling, Paul, Cooper, Ilan & Zhanhui, Chen (2013)

Risk Aversion Sensitive Real Business Cycles

[Academic lecture]. World Finance Conference.

Xiouros, Costas (2013)

Disagrement, habit and the relation between volume and returns

[Academic lecture]. CIIM/UCY.

Xiouros, Costas (2012)

Disagreement, Habit and the Relation Between Volume and Prices

[Academic lecture]. Tel Aviv University.

Xiouros, Costas (2009)

Heterogeneous Beliefs and Time Variation in the Level of Prices

[Report]. Handelshøyskolen BI.

Xiouros, Costas (2008)

Heterogeneous Agents and Asset Prices in Complete Markets

[Academic lecture]. CARESS-Cowles Conference on General Equilibrium and Its Applications.

Xiouros, Costas & Zapatero, Fernando (2007)

The Representative Agent of an Economy with External Habit-Formation and Heterogeneous Risk-Aversion

[Academic lecture]. Duke/UNC Asset Pricing Conference.

Academic Degrees
Year Academic Department Degree
2009 University of Southern California Ph.D.
2001 University of Warwick Master of Science
2000 University of Warwick Bachelor
Work Experience
Year Employer Job Title
2010 - Present BI Norwegian Business School Associate Professor
2011 - 2013 University of Cyprus Lecturer
2009 - 2010 BI Norwegian Business School Visiting Professor
2002 - 2003 Hermes European Center of Excellence in Computational Finance Research Assistant
2001 - 2002 Risklab Cyprus Research Associate