Biography
Dr. Elyasiani's main area of expertise is banking and financial institutions. He has done research on bank and insurance company stock return modeling, risk exposure, efficiency, cross-industry and international spillover of shocks, institutional, foreign and minority ownership effects, and fixed income securities modeling as well as quantitative finance, monetary economics, and economics of oil and energy.
His publications have appeared in the Journal of Money, Credit and Banking, Journal of Banking and Finance, Journal of Financial Markets, Journal of Risk and Insurance, Journal of Business and Economic Statistics, Journal of Financial Research, Journal of Accounting, Auditing and Finance, and Journal of Financial Services Research, among others. Dr. Elyasiani has taught at Michigan State University, Temple University, Hebrew University and Bar Ilan University in Israel at the PhD, MBA, and undergraduate levels. He is also a fellow at the Wharton Financial Institution Center and a visiting scholar and Dean’s fellow at the Hebrew University in Jerusalem, Israel. He serves as an editor of the Journal of Economics and Business.
Research Interests
- Banking and Financial Institutions
- Financial Markets
- Monetary and Macro Theory and Policy
- Investment
- Corporate Finance
- International Finance
- Energy Economics
- Quantitative Finance
- Econometrics
- Statistics
Courses Taught
Number | Name | Level |
|---|---|---|
FIN 3101 | Financial Management | Undergraduate |
FIN 3505 | Bank Enterprise Risk Management | Undergraduate |
FIN 3505 | Management of Financial Institutions | Undergraduate |
FIN 3508 | Fixed Income Modeling and Analysis | Undergraduate |
BA 9883 | Directed Reading/Study | Graduate |
Selected Publications
Recent
Crimmel, J. & Elyasiani, E. (2021). The association between financial market volatility and banking market structure. doi: 10.1016/j.qref.2021.09.012.
Elyasiani, E., Gambarelli, L., & Muzzioli, S. (2021). The skewness index: uncovering the relationship with volatility and market returns. Applied Economics, 53(31), 3619-3635. Informa UK Limited. doi: 10.1080/00036846.2021.1884837.
Akcay, M. & Elyasiani, E. (2021). The link between the federal funds rate and banking system distress: An empirical investigation. Journal of Macroeconomics, 67. doi: 10.1016/j.jmacro.2020.103265.
Elyasiani, E., Gambarelli, L., & Muzzioli, S. (2020). Moment risk premia and the cross-section of stock returns in the European stock market. Journal of Banking and Finance, 111. doi: 10.1016/j.jbankfin.2019.105732.
Deacle, S. & Elyasiani, E. Federal Home Loan Bank Advances and Bank and Thrift Holding Company Risk: Evidence from the Stock Market. Real Estate Economics, 47(4), 1013-1054. Wiley. doi: 10.1111/1540-6229.12174.
Elyasiani, E. & Jia, J. (2019). Relative performance and systemic risk contributions of small and large banks during the financial crisis. Quarterly Review of Economics and Finance, 74, 220-241. doi: 10.1016/j.qref.2019.01.010.
Elyasiani, E., Jia, J., & Movaghari, H. (2019). Determinants of dividend payout and dividend propensity in an emerging market, Iran: an application of the LASSO. Applied Economics, 51(42), 4576-4596. doi: 10.1080/00036846.2019.1593315.
Elyasiani, E., Gambarelli, L., & Muzzioli, S. The Risk-Asymmetry Index as a New Measure of Risk. Multinational Finance Journal, 22, 173-173. Retrieved from http://www.mfsociety.org/modules/modDashboard/uploadFiles/journals/googleScholar/1638.html.
Elyasiani, E. & Zhang, L. CEO entrenchment and loan syndication. The Quarterly Review of Economics and Finance, 67, 334-346. Elsevier BV. doi: 10.1016/j.qref.2017.07.014.
Elyasiani, E. Market Discipline in the Secondary Bond Market: The Case of Systemically Important Banks.
Deng, S., Elyasiani, E., & Mao, C. (2017). Derivatives-hedging, risk allocation and the cost of debt: Evidence from bank holding companies. Quarterly Review of Economics and Finance, 65, 114-127. doi: 10.1016/j.qref.2016.06.004.
Elyasiani, E. (2017). Managed Volatility Mutual Funds and Business Cycles. Sardinia, Italy.
Elyasiani, E. (2017). The Association between Financial Market Volatility and Banking Concentration.
Elyasiani, E., Wen, Y., & Zhang, R. (2017). INSTITUTIONAL OWNERSHIP AND EARNING MANAGEMENT BY BANK HOLDING COMPANIES. Journal of Financial Research, 40(2), 147-178. doi: 10.1111/jfir.12120.
Elyasiani, E. The risk asymmetry index. Bucarest, Romania.
Elyasiani, E. & Keegan, J. (2017). Market Discipline in the Secondary Bond Market: The Case of Systemically Important Banks. FRB of Philadelphia Working Paper..
Elyasiani, E. & Mansur, I. (2017). Hedge fund return, volatility asymmetry, and systemic effects: A higher-moment factor-EGARCH model. Journal of Financial Stability, 28, 49-65. doi: 10.1016/j.jfs.2016.12.001.
Elyasiani, E., Gambarelli, L., & Muzzioli, S. (2017). The Information Content of Corridor Volatility Measures During Calm and Turmoil Periods. Quantitative Finance and Economics, 1(4), 454-473. doi: 10.3934/qfe.2017.4.454.
Elyasiani, E. (2016). Mutual Fund Volatility: Does Style Matter? Dubai, AE.
Elyasiani, E. (2016). The Association between Financial Market Volatility and Banking Concentration. FL.
Deacle, S. & Elyasiani, E. (2016). Cost of debt and federal home loan bank funding at U.S. bank and thrift holding companies. Applied Economics, 48(50), 4878-4893. doi: 10.1080/00036846.2016.1167826.
Elyasiani, E. (2016). Performance and Risk Changes of Large and Small Banks during the Crisis: What Accounts for their Dissimilarities? Las Vegas, NV.
Elyasiani, E., Staikouras, S., & Dontis-Charitos, P. (2016). Cross-Industry Product Diversification and Contagion in Risk and Return: The case of Bank-Insurance and Insurance-Bank Takeovers. Journal of Risk and Insurance, 83(3), 681-718. doi: 10.1111/jori.12066.
Elyasiani, E. (2016). Do Real Estate Mutual Funds Outperform Benchmarks? New York, NY.
Elyasiani, E. (2021). Do Real Estate Mutual Funds Outperform Benchmarks?