Newcastle University

Introduction

Office hours: Wed, 2pm-4pm, or by appointment.

Languages

Polish: native
German: fluent
Swedish: intermediate

Research Interests

My research interests lie in the field of empirical finance, with a particular focus on capital market efficiency, the role of trading volume for asset pricing, the impact of institutional investors on stock market behavior, emerging markets, and international finance. I am also interested in the macroeconomic determinants of international financial contagion as well as the outcomes of privatisation in the transition economies.

Future Research

In the future, I would like to continue my research in the field of financial economics and I intend to extend my work to other fields in economics, including behavioural finance and technical trading rules.

Esteem Indicators

In June 2003, I was awarded the Best Paper Award on the Global Finance Conference, Frankfurt/Main, Germany, for the paper "Institutional Trading and Stock Return Autocorrelation: Empirical Evidence on Polish Pension Fund Investors’ Behavior"

I act as a referee for various academic journals including: Applied Economics, Applied Financial Economics, Bulletin of Economic Research, Economic Systems, Emerging Markets Finance and Trade; International Review of Financial Analysis, Journal of International Financial Markets, Institutions and Money, Journal of Multinational Financial Management, Journal of the Royal Statistical Society: Series A. I'm also a referee for the European Finance Association annual meetings, and review books for Wiley and Pearson.

Funding

Economics Network: Learning and Teaching Development Project "Students’ Explanatory Styles, Study Performance and Engagement", GBP1900, 2010-2011.

Postgraduate Teaching

I currently teach on the following courses:

NBS8200: Behavioural Finance

• Amini S, Hudson R, Keasey K, Gebka B. A review of the international literature on the short term predictability of stock prices conditional on large prior price changes: Microstructure, behavioral and risk related explanations. International Review of Financial Analysis 2012. In Press.
• Gebka B, Karoglou M. Is there life in the old dogs yet? Making break-tests work on financial contagion. Review of Quantitative Finance and Accounting 2012. In Press.
• Gebka B. The Dynamic Relation Between Returns, Trading Volume, and Volatility: Lessons from Spillovers Between Asia and the United States. Bulletin of Economic Research 2012, 64(1), 65-90.
• Gebka B. Do Tigers Care about Dragons? Spillovers in Returns and Volitility between Chinese Stock Markets. In: Gregoriou, GN, ed. Stock Market Volatility. London, UK: Chapman & Hall, 2009, pp. 457-482.
• Gebka B, Goodfellow C, Bohl MT. Together We Invest? Individual and Institutional Investors’ Trading Behaviour in Poland. International Review of Financial Analysis 2009, 18(4), 212-221.
• Gebka B. Volume- and size-related lead–lag effects in stock returns and volatility: An empirical investigation of the Warsaw Stock Exchange. International Review of Financial Analysis 2008, 17(1), 134-155.
• Gebka B, Serwa D. Intra- and inter-regional spillovers between emerging capital markets around the world. Research in International Business and Finance 2007, 21(2), 203-221.
• Gebka B, Serwa D. Are financial spillovers stable across regimes?: Evidence from the 1997 Asian crisis. Journal of International Financial Markets, Institutions and Money 2006, 16(4), 301-317.
• Gebka B, Henke H, Bohl M. Institutional trading and stock return autocorrelation: Empirical evidence on Polish pension fund investors’ behavior. Global Finance Journal 2006, 16(3), 233-244.
• Gebka B. Dynamic volume–return relationship: evidence from an emerging capital market. Applied Financial Economics 2005,15 14 1019-1029.