Role
Alex Brauneis is Professor of Finance and Innovation at the Centre for Finance, Technology and Innovation and the Department of Accounting and Finance. Alex’s research is focused on empirical, quantitative, Big Data Finance as well as, and particularly, on centralised and decentralised cryptocurrency markets.
Career overview
Before joining Nottingham Business School, Alex held an Associate Professor of Finance position at the University of Klagenfurt, Austria.
Research areas
As a member of the Centre for Finance, Technology and Innovation, Alex’s research tackles the Centre’s core themes:
- Technologies and Innovation in Financial Services
- Regulation and Policy; People and Place; Ethics and Security
- Consumers; Strategy, Competition and Innovation; Sustainable and Inclusive Finance
He is particularly interested in Technologies and Innovation in Financial Services with a focus on cryptocurrency markets. Completed and ongoing projects include the efficiency of crypto markets, market microstructure, drivers of crypto liquidity, the role of sentiment and social media in crypto markets, intraday patterns of crypto price returns, volatility and trading activity, predictability of crypto price returns and pricing DeFi products such as the liquidity provision in an automated market maker pool.
External activity
Alex is currently the Guest Editor of a “Societies” special issue on cryptocurrencies. He is also a referee for a number of journals, including Applied Economics Letters, Carbon Management, Central European Journal of Operations Research, Cogent Economics and Finance, Decisions in Economics and Finance, Economic Modelling, Economics Letters, Finance Research Letters, Financial Innovation, Journal of Behavioral and Experimental Finance, Journal of Cleaner Production, Journal of Empirical Finance, Journal of Futures Markets, Journal of Management Control, Journal of Multinational Financial Management, Journal of Risk Finance, Managerial Finance, Mathematics, North American Journal of Economics and Finance, Oxford Bulletin of Economics and Statistics, PLOS ONE, Quantitative Finance, SN Business & Economics, The Engineering Economist.
Publications
- Brauneis A., Mestel R., Riordan R., Theissen E (2022). Bitcoin Unchained: Determinants of Cryptocurrency Exchange Liquidity. Journal of Empirical Finance (69), pp 106-122.
- Brauneis A., Mestel R., Riordan R., Theissen E (2022). The Anatomy of a Fee Change – Evidence from Cryptocurrency Markets. Journal of Empirical Finance (67), pp 152-167.
- Brauneis A., Mestel R., Riordan R., Theissen E. (2021). How to measure the liquidity of cryptocurrency markets? Journal of Banking and Finance (124), pp 1-26.
- Brauneis A., Mestel R., Theissen E. (2020). What drives the liquidity of cryptocurrencies? A long-term analysis. Finance Research Letters (39), 101537.
- Brauneis A., Mestel R. (2018). Cryptocurrency-portfolios in a mean-variance framework. Finance Research Letters (28), pp 259-264.
- Brauneis A., Mestel R. (2018). Price discovery of cryptocurrencies: Bitcoin and beyond. Economics Letters (165), pp 58-61.
- Zeitlberger A., Brauneis A. (2016). Modeling carbon spot and futures price returns with GARCH and Markov switching GARCH models. Evidence from the first commitment period. Central European Journal of Operations Research (CEJOR) (24), pp 149-176.
- Rausch A., Brauneis A. (2015). It’s about how the task is set: The inclusion-exclusion effect and accountability in preprocessing management information. Central European Journal of Operations Research (CJOR), pp 313-344.
- Leitner S., Brauneis A., Rausch A. (2015). Shared Investment Projects and Forecasting Errors: Setting Framework Conditions for Coordination and Sequencing Data Quality Activities. PLOS ONE, pp 1-42.
- Rausch A., Brauneis A. (2015). The effect of accountability on management accountants’ selection of information. Review of Managerial Science (9), pp 487–521.
- Brauneis A., Mestel R., Palan S. (2013). Inducing low-carbon investment in the electric power industry through a price floor for emissions trading. Energy Policy (53), pp 190-204.
- Brauneis A., Mestel R., Palan S. (2012). Does a cap on the carbon price have to be a cap on green investments? Empirica, pp 1-15.