The FinLab

The Laboratory of Applied Finance (FinLab) was founded in 2001 (AUEB, Senate decision 21-10-1999, OJHR A66/6-4-01).

The FinLab is based on computer technology to serve the educational and research needs of faculty and students in the field of economics.

The mission of the FinLab is to:

  • Conduct forefront research on topics related to: The Evaluation of Investments and Investment portfolios; The Valuation of Debt Securities; The Analysis of Market Microstructure; Financial Derivatives; Real Estate Finance; Shipping Finance; Debt Financing; Public and Private Equity Markets; Structured Finance; Corporate Governance and other topics related to Finance and other sectors of the economy;
  • Collaborate with various public and private organizations, to address potential challenges in related fields;
  • Develop educational, research-based and other similar activities in accordance with the general principles and Research Code of the University;
  • Organize and host conferences, seminars, talks, etc.,

The FinLab supports courses, academic programs and other Research Centers of the Athens University of Economics and Business, such as the affiliated MSc in Accounting and Finance, the MSc in Financial Management, aiming to facilitate and enhance the research conducted by faculty and students.

Doctoral research is also supported, as well as applied research projects funded by international or national organizations and private companies, while collaboration with national and international research partners is highly sought out.

Research conducted by members of the FinLab is published in high quality international scientific journals and presented in international conferences, while more applied work conducted supports the industry providing solutions to challenges faced in the modern economic environment of the 21st century.

The Finlab is located to the Postgraduate Building  of the Athens University of Economics and Business. It is equipped with twenty four (24) workstations of the latest technology and software of the latest versions, such as Matlab STATA/IC , EViews and WinRats.

Access to the following databases is possible through the Lab: Bloomberg, Refinitiv Eikon, DataStream,

Educational seminars and workshops on the use of software and databases are, also scheduled on a regular basis.

Recent publications

L.Alexiou , Option-implied risk measures and the cross-sectional variation of stock returns, 2021
C.Papaioanou, Essays on Banking: Modelling and Forecasting Default Rates, Impact of Competition on Capitalization & Time and Cross Patterns Analysis of Loans Charge Offs, Recoveries and Net Charge Offs, 2021
M.Markoulakis, The reaction of the stock and options markets to merger and acquisition announcements, 2021
A.Gianneli, Loan loss provisions use: investigating the shift from earnings management to credit risk management, 2021
M.Skouteri, Cryptocurrency market: herd behavior during the covid-19 pandemic, 2021
S.Efthimiopoulos, Exploring the relationship between the s&p 500 index options prices and past stock market momentum, 2021
A.Ballis,  Essays on Cryptocurrencies, 2021
K.Liosi, The impact of the ECB intervention on investor expectations and the macroeconomic and financial environment of Eurozone countries with financial instability: Conventional and non conventional Monetary Policy, 2021
K.Zervou, Energy listed firms: an examination of earnings management, herding and liquidity in a sample of eurozone markets, 2021
K.Vasilakopoulos, Banks' Accounting Policies and Monitoring Mechanisms: The case of Loan Loss Provisions in the EU, 2021
Efthymiou, V.A., A. Episcopos, G.N. Leledakis, and E.G. Pyrgiotakis, Intraday Analysis of the Limit Order Bias on the Ex-Dividend Day of U.S.Common Stocks, International Review of Economics and Finance 72: 405-421, 2021
Drousia, A., Episcopos, A., Leledakis, G.N., and E.G. Pyrgiotakis. “EU regulation and open market share repurchases: New evidence”, Forthcoming in the European Journal of Finance, 2021

Recent News

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