Economics

Christos Floros

Dr Christos Floros

Senior Lecturer

Economics

Portsmouth Business School
Richmond Building
Portland Street
Portsmouth
PO1 3DE

christos.floros@port.ac.uk

http://www.port.ac.uk/research/cemare

Profile

Dr Christos Floros is Senior Lecturer in Banking and Finance in the Department of Economics at the University of Portsmouth.

Office Hours
Tuesday 14:00 - 16:00 and other times by appointment. 

 

Education

  • PhD in Financial Economics, University of Wales Swansea (Title: Essays on the Quantitative Analysis of Greek Futures Markets).
  • MSc in Mathematical Sciences, with Distinction, University of Portsmouth .
  • MA in Economics for Business, University of Portsmouth.
  • BSc in Mathematics and Operational Research, University of Brighton.

Research Interests

  • Quantitative Finance, Financial Derivatives, E-Finance.
  • Applied Econometrics (Time Series Analysis) and Financial Forecasting.
  • Mathematical Modelling (Operational Research Methods) in Finance.
  • Banking (Efficiency; E-banking).
  • Applied Economics (CGE Modelling & Technical Efficiency).

Selected Publications

Floros, C. The impact of the Athens Olympic Games on the Athens Stock Exchange, Journal of Economic Studies, Issue 6, 2010.
Floros, C. Stock Market Returns and the Temperature Effect: New Evidence from Europe, Applied Financial Economics Letters, 4(6), pp 461-467, 2008.
Floros, C. The Monthly and trading month effects in Greek stock market returns, 1996-2002, Managerial Finance, 34(7), pp. 453-464. 2008.
Floros, C. The influence of the political elections on the course of the Athens Stock Exchange, Managerial Finance, 34(7), pp 479-488. 2008.
Floros, C. and Vougas, D.V., The efficiency of Greek stock index futures market, Managerial Finance, 34(7), pp.498-519. 2008.
Floros, C. Price and Open interest in Greek stock index futures market, Journal of Emerging Market Finance, Vol.6, Issue 2, pp. 191-202, 2007.
Floros, C. The use of GARCH models for the calculation of Minimum Capital Risk Requirements: International Evidence, International Journal of Managerial Finance, Vol. 3(4), pp. 360-371. 2007.
Floros, C., Jaffry, S. and Lima, G.V. Long memory in the Portuguese Stock Market. Studies in Economics and Finance. Vol. 24 (3), pp 220-232, 2007.
Floros, C. and Vougas, D.V., Index Futures Trading, Information and Stock Market Volatility: The Case of Greece, Derivatives Use, Trading and Regulation, 12, (1/2), pp 146-166, 2006.
Floros, C. Price Linkages between the US, Japan and UK Stock Markets, Financial Markets and Portfolio Management. 19-2, pp. 169-178, 2005.
Floros, C. and Vougas, D.V. Hedge Ratios in Greek Stock Index Futures Market, Applied Financial Economics, 14(15), pp. 1125-1136, 2004.

Papers in Journals/Books

Floros, C. Long Memory in Milk Prices: Evidence from EU-15, International Journal of Applied Economics, in press.
Floros, C. Price discovery in the South African stock index futures market, International Research Journal of Finance and Economics, Issue 34, in press.
Filis, G., Kentzoglanakis, K. and Floros, C. VAR model training using particle swarm optimisation: evidence from macro-finance data, International Journal of Computational Economics and Econometrics, Vol. 1(1), pp. 9-22, 2009.
Giordani, G., Floros, C. and Judge, G. Internet Banking services and fees: the case of Greece, International Journal of Electronic Finance, forthcoming, 2009.
Floros, C., Jaffry, S. and Ghulam, Y. Predicting Returns with Financial Ratios: Evidence from Greece, International Journal of Financial Economics and Econometrics, Vol.1, 2008.
Floros, C. Option pricing and volatility modelling: New evidence from Greece, International Journal of Financial Economics and Econometrics, Vol.2, 2008.
Floros, C. Internet Banking Websites performance in Greece, Journal of Internet Banking and Commerce, in press.
Floros, C. Minimum Capital Risk Requirements: The UK experience, Journal of Money, Investment and Banking, Issue 5, pp. 85-89, 2008.
Floros, C. and Giordani, G. ATM and banking efficiency: the case of Greece, Banks and Bank Systems, Vol. 4, 2008.
Floros, C., Avdelas, L. and Papacharisis, L. Testing for Long Memory in Daily Fisheries and Aquaculture Prices: New Evidence, European Journal of Scientific Research, 21(1), pp. 189-195, 2008.
Assessment and management of data-poor fisheries, in "Advances in Fisheries science, 50 years after Berverton and Holt", (Editors: Payne, A., Cotter, J and Potter, T.) with Pilling, G., Apostolaki, P., Failler, P., Large, P.A., Morales-Nin, B., Reglero, P., Stergiou, A., Tsikliras, C. Publisher: Blackwell. 2008. ISBN: 9781405170833.
Floros, C., Long Memory in Exchange Rates: International Evidence, International Journal of Business and Finance Research, Vol.2(1), 2008.
Floros, C., Modelling Volatility using GARCH Models: Evidence from Egypt and Israel, Middle Eastern Finance and Economics, Issue 2, 31-41, 2008.
Floros, C. and Vougas, D.V. Trading Volume and Returns Relationship in Greek Stock Index Futures Market: GARCH vs. GMM, International Research Journal of Finance and Economics, Issue 12, 98-115, 2007.
Floros, C. The effects of International Accounting Standards on stock market volatility: The case of Greece, Investment Management and Financial Innovations, Vol. 4, Issue 1, pp.61-72, 2007.
Floros, C. and Failler, P. Testing for Long Memory in the Fisheries Prices: Evidence from Cornwall, International Journal of Economic Perspectives, Vol.1(1), pp.23-28, 2007.
Floros, C., Causality and Price Transmission Between Fish Prices: Evidence from Greece and UK, European Journal of Social Sciences, 4(2), pp.147-159, 2007.
Floros, C. and Vougas, D.V. Lead-lag relationship between futures and spot markets in Greece:1999 - 2001, International Research Journal of Finance and Economics, Issue 7, pp.168-174, 2007.
Humavindu, M. and Floros, C. Integration and volatility spillovers in African equity markets: Evidence from Namibia and South Africa, African Finance Journal, Vol.8 (2), pp.31-50, 2006.
Floros, C. The London Olympic Games annoucement and London Stock market reaction, Empirical Economics Letters, Vol. 5(5), P.243-250, 2006.
Floros, C. and Vougas, D.V. Hedging Effectiveness in Greek Stock Index Futures Market, 1999-2001, International Research Journal of Finance and Economics, Issue 5, pp.7-18, 2006.
Floros, C. and Failler, P. Forecasting Monthly Fisheries Prices: Model Comparison Using Data from Cornwall (UK), European Journal of Scientific Research, 14 (4), pp.613-624, 2006.
Floros, C. and Vougas, D.V. Samuelson's Hypothesis in Greek Stock index Futures Market, Investment Management and Financial Innovations, 3(2), pp.154-170, 2006.
Floros, C. Option Pricing with Black-Scholes and GARCH Models: The Case of Greece, in "Resource Allocation and Institutions: Explorations in Economics, Finance and Law", Edited by John Roufagalas,ATINER (ISBN: 960-6672-01-8, 2006).
Floros, C. Forecasting the UK Unemployment Rate: Model Comparisons, International Journal of Applied Econometrics and Quantitative Studies, 2(4), pp.63-78, 2005.
Floros, C. Testing for Cointegration and Granger Causality Between the US and European Financial Markets, European Review of Economics and Finance, 4(2), pp.27-41, 2005.
Floros, C. Testing for Cointegration between stock prices in the transition markets of Central Europe, Eurasian Review of Economics and Finance, 1(2), pp. 1-7, 2005.
Floros, C. and Failler, P. Seasonality and Cointegration in the Fishing Industry of Cornwall, International Journal of Applied Econometrics and Quantitative Studies, Vol.1-4, pp.27-52, 2004.
Floros, C. Stock Returns and Inflation in Greece, Applied Econometrics and International Development, Vol. 4-Issue 2, May-August, 2004, pp.55-68.
Floros, C. The effect of futures trading on stock market volatility: Evidence from Greece, in Global Issues of Business, Volume 1, ISBN: 960-87822-2-8, 2003.

Professional Publications (by invitation)

Floros, C. Personnel Development in a Competitive Banking Environment: A European Case, Effective Executive, October 2005, pp. 61-64.
Floros, C. Allied Irish Banks - The Currency Derivatives Fiasco: Case Analysis, Case Folio: The Journal of Management Sciences, December 2004, pp. 41-42.

Research Funded Projects

UHF_M_Modelling: "Volatility forecasting evaluation based on loss function with well-defined multivariate distributional form and ultra high frequency datasets". EU project (FP7-PEOPLE-IEF-2008, Marie Curie), Role: Co-ordinator (Project Leader).

PECHDEV: "Development and application of a Computable General Equilibrium Model to analyse the contribution of fisheries and aquaculture activites to regional development". Sponsor: EU (january 2003-February 2005).

"Technical Efficiency for Fisheries in Greece." Funded by the Greek Ministry of Rural Development and Food. 2006-2008. (Project Co-ordinator) - Greek webpage.

"Feasability study of the development of deep sea red shrimps fishing in the Ionian Sea and depths below 500m using innovative methods of bio-economics and cost/benefits analysis". Funded by the Greek Ministry of Rural Development and Food. 2006-2008. (Scientific Responsible - Partner) - Greek webpage.

POORFISH: "Probabilistic assessment, management and advice model for fishery management in the case of poor data availability". Sponsor: EU, 2005-2008.

ISTAM: "Improve Scientific and Technical Advice for Fisheries management". Sponsor: EU.

Editorial Experience

Member of the Editorial (Advisory) Boards:

 

International Journal of Applied Econometrics and Quantitative Studies (2004-2006), Middle Eastern Finance and Economics (2006 - Present), Scientific Journals International (SJI): 2006 - Present, International Journal of Economics and Business Research (IJBER): 2008-Present; International Journal of Trade in Services: 2008 - Present; Banking and Finance Letters: 2009 - Present.

Reviewer to Academic Journals/Books

  • Referee (Reviewer) to Journals: Economics and Politics, Applied Financial Economics, ICES Journal of Marine Science, International Journal of Financial Services Management, Applied Econometrics and International Development, Asia Pacific Management Review, Applied Economics, Tourism Management, Journal of Economics and Business, Studies in Economics and Finance, EuroMed Journal of Business.
  • Reviewer to Academic Books: 5 (2 Routledge, 2 Wiley, 1 Cambridge University Press).

PhD Students

  • Georgia Giordani (E-Banking)
  • Ioannis Chatziantoniou (Macro-Finance)
  • Leonidas Papacharisis (Technical Efficiency)

Teaching

  • Applied Corporate Finance (MSc)
  • Business Finance and the Financial Environment (Level 2)
  • Time Series Analysis & Financial Forecasting (MSc)
  • Economics of Corporate Finance (Level 3)
  • E-Banking and Finance (MSc)
  • Futures and Options Markets (MSc)
  • Quantitative Economics for Business (MSc)
  • Economics of Corporate Investment Policy (Level 3)
  • Corporate Finance (Level 3)

Links

Eviews
GAMS
PcGive
Matlab
FRONTIER
SPSS
Other

Economics Links

Electronic Journals: Economics

Electronic Journals: Finance