Hello and Welcome to my Research Page
I am Senior Lecturer in the College of Business in TU Dublin.
My research interests focus on risk management and hedging, asset pricing, and volatility modelling in financial and commodity markets with a focus on energy. I am also interested in research questions that examine the interaction of financial and non financial data particularly in terms of the impact of finance on the broader economy and society as well as experiential learning and management dynamics.
I currently review for a number of journals including The European Journal of Finance, Energy Economics, Energy Journal and the Financial Review and I have published work in journals including the International Journal of Finance and Economics, The Journal of Futures Markets, The European Journal of Finance, Energy Economics and the Energy Journal.
Current PhD students are focusing on financial distress, foreign exchange risk management and the impact of renewable energy on economic growth.
My published papers are listed below. Please email me if you have any queries on the work or if you are interested in pursuing a PhD in any related area.
https://www.researchgate.net/profile/Jim_Hanly
I am Senior Lecturer in the College of Business in TU Dublin.
My research interests focus on risk management and hedging, asset pricing, and volatility modelling in financial and commodity markets with a focus on energy. I am also interested in research questions that examine the interaction of financial and non financial data particularly in terms of the impact of finance on the broader economy and society as well as experiential learning and management dynamics.
I currently review for a number of journals including The European Journal of Finance, Energy Economics, Energy Journal and the Financial Review and I have published work in journals including the International Journal of Finance and Economics, The Journal of Futures Markets, The European Journal of Finance, Energy Economics and the Energy Journal.
Current PhD students are focusing on financial distress, foreign exchange risk management and the impact of renewable energy on economic growth.
My published papers are listed below. Please email me if you have any queries on the work or if you are interested in pursuing a PhD in any related area.
https://www.researchgate.net/profile/Jim_Hanly
Publications
Chessar, Cassells, D. Apergis, N. and Hanly, J. 2019. Household Energy Consumption: A Study of Micro Renewable Energy Systems in Ireland. Economic and Social Review. Forthcoming
Chessar, M. Hanly, J. Cassells, D. and Apergis, N. 2018. The positive feedback cycle in the electricity market: Residential solar PV adoption, electricity demand and prices. Energy Policy, 122, 36-44. https://doi.org/10.1016/j.enpol.2018.07.032
Hanly, J. 2018. “Risk Management and Hedging Approaches in Energy Markets.” Handbook of Energy Finance : Theory, Practice and Simulations", Duc Khong Nguyen and Stéphane Goutte (Eds). World Scientific Publishing. Forthcoming.
Morales. L., and Hanly J. 2018. European power markets–A journey towards efficiency. Energy Policy, 116, 78 - 85. https://doi.org/10.1016/j.enpol.2018.01.061
Hanly J, Morales L, Cassells D. 2018. The efficacy of financial futures as a hedging tool in electricity markets. International Journal of Finance and Economics, 23(1), 29- 40. onlinelibrary.wiley.com/doi/10.1002/ijfe.1600/full
Hanly, J., 2017, Managing Energy Price Risk using Futures Contracts: A Comparative Analysis, Energy Journal, 38(3).
10.5547/01956574.38.3.jhan
Hanly, J., J. Cotter, 2015, Performance of utility based hedges, Energy Economics, 49, 718-726.
Cotter, J. and Hanly, J., 2012, 'Re-evaluating Hedging Performance for Asymmetry: The Case of Oil, Derivative Securities Pricing and Modeling', Contemporary Studies in Economics and Financial Analysis Series, Jonathan Batten and Niklas Wagner (Eds), Emerald, 259-280. DOI10.1108/S1569-3759(2012)0000094013
Hanly, J., J. Cotter, 2012, A utility based approach to energy hedging, Energy Economics, 34(3), 817-827.
Hanly, J., Cotter, J. 2012, Hedging effectiveness under conditions of asymmetry, European Journal of Finance, 18, 135-147
Hanly, J., Cotter, J, 2010, Time Varying Risk Aversion: An Application to Energy Hedging, Energy Economics, Vol. 32, No. 2 432 - 441.
Hanly, J., J. Cotter), 2009, Hedging, Scaling and the Investor Horizon, Journal of Risk, Vol. 12, No. 2.
Hanly, J., J. Cotter, 2006, Re-evaluating Hedging Performance, Journal of Futures Markets, Vol. 26, No. 7, 677-702.
Other Publications
Hanly, J., 2007, (Co-Author J. Cotter), Hedging in an uncertain world, Finance magazine, April 16th, 2007.
Hanly, J., (Co-Author J. Cotter), 2006, “Hedging Your Bets”, Futures and Options World, May 25th, 2006.
Peer Reviewed Published Proceedings
Arain, M., Carr, E., Cassells, D., Hanly, J. (2018). Student Well-Being and the Financial Backgrounds of Third Level Students in Ireland. Oxford Symposium on the Finance, Law and Economics of Education, Oxford, UK, December 2018.
Ciprikis, K., Cassells, D., Hanly, J., Berrill, J. (2018). Earnings Profiles and Mental Health Based Discrimination: Longitudinal Evidence from the Finance Occupations in the UK. IAF Conference, Dunboyne, Ireland, November 2018.
Chessar, M, Apergis, N., Cassells, D and Hanly J. (2018). Household Energy Consumption: A Study of Micro Renewable Energy Systems in Ireland. IAEE – ME3 Meeting on Energy and Environmental Economics, Braga, Portugal, October 2018.
Ciprikis, K., Cassells, D., Hanly, J., Berrill, J. (2018). Earnings Profiles and Mental Health Based Discrimination: Longitudinal Evidence from the Finance Occupations in the UK. INFINITI Conference, Poznan, Poland, June 2018.
Chessar, M., Apergis, N., Cassells, D., Hanly, J. (2017). The Positive Feedback Cycle in the Electricity Market: Residential Solar PV Adoption, Electricity Demand and Prices. International Association of Energy Economics, Vienna, Austria, September 2017.
Chessar, M., Apergis, N., Cassells, D., Hanly, J. (2017). The Positive Feedback Cycle in the Electricity Market: Residential Solar PV Adoption, Electricity Demand and Prices. 5th International Symposium on Energy and Finance Issues, Paris, France, May 2017.
Chessar, M., Apergis, N., Cassells, D., Hanly, J. (2017). The Positive Feedback Cycle in the Electricity Market: Residential Solar PV Adoption, Electricity Demand and Prices. The 15th INFINITI Conference on International Finance, Valentia, Spain, June 2017.
Morales, L and Hanly, J., 2016, European Power Markets – A journey towards efficiency, Portuguese Finance Association, Covilha, Portugal, June 2016
Hanly, J, “Hedging Effectiveness using Energy Futures - A Comparison”, 2nd International Symposium on Energy and Finance Issues, Paris, France, March 2014.
Hanly, J ,Kocman, R and Morales, L., “Volatility Linkages in Central Europe The International Institute of Social and Economic Sciences, Vienna, Austria, June 2014
Hanly, J, “Hedging for Investors with Differing Attitudes Towards Risk”, Portuguese Finance Association, Vilamoura, Portugal, June 2014
Hanly, J, “Asymmetric Hedging”, Irish Association of Accounting and Finance Annual Conference, Cork, Ireland, May, 2011.
Hanly, J., (Co-Author J. Cotter),“Time Varying Risk Aversion: An Application to Energy Hedging”, Financial Management Association Annual Conference, Nevada, USA, October 2009.
Hanly, J., (Co-Author J. Cotter), “Equity Index and Commodity Oil Hedging for Symmetric and Asymmetric Distributions”, Irish Accounting and Finance Association Annual conference, Dublin, Ireland, May 2006.
“Hedging Performance under Conditions of Asymmetry”, Global Finance Conference, Dublin, Ireland, June 2005
“Evaluating Hedge Performance using Downside Risk Approaches”, Midwest Finance Association's 54th Annual Meeting, Wisconsin, USA, March 2005.
Conference and Invited Seminar Presentations
"Volatility and Risk Management in European Electricity Futures Markets", Dublin Energy Lab, Dublin Institute of Technology, Dublin Ireland, December 2014.
“Performance of Utility Based Hedges”, Centre for Energy Trading and Financial Research, University Duisburg-Essen, Essen, Germany, November 2013.
“Utility based Hedging Performance. DIT Working Paper Series Seminar, Dublin Institute of Technology, November 2012.
“Time Varying Risk Aversion: An Application to Energy Hedging”, Centre for Financial Markets Research Seminar, University College Dublin, January 2008.
“Time Varying Risk Aversion in the Hedging Framework: An Application to
Energy Hedging”, Department of Finance and Quantitative Analysis Research Seminar, University of Otago, March 2007.
“Hedging and Market Representative Risk Aversion”, Department of Finance, University of Melbourne, November 2006.
“Hedging and Risk Aversion Constraints”, Centre for Financial Markets Research Seminar, University College Dublin, November 2005.
“Privatisation of IPO's in Eastern Europe”, IAFA Annual Conference, Waterford, Ireland, September 2002.
Research Positions
Visiting Scholar, Department of Finance, University of Melbourne, Australia, October 2006 to December 2006.
Visiting Scholar, Department of Finance and Quantitative Analysis, University of Otago, New Zealand, March 2007 to May 2007.
Funded Projects
2016 - 2020. DIT College of Business Research Award (Value €40,000)
2015 - 2019. Fiosraigh PhD Scholarship Fund (Value €72,000)
2013 - 2015 - DIT Research Fellowship (Value €130,000 )
Research Awards
2006 Irish Association of Accounting and Finance Scholar award.
