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Dr Dongna Zhang

Assistant Professor

Department: Newcastle Business School

I hold a Ph.D. in Economics from the University of York, UK. My research interests and expertise spanning financial economics, energy economics, macro-finance, empirical asset pricing, and corporate finance. I am dedicated to investigating various aspects of financial economics, including firm investment, intangibles, and the incorporation of Environmental, Social, and Governance (ESG) factors in investment decisions. With a strong quantitative background, I employ rigorous empirical analysis to examine market behavior, asset pricing dynamics, and the relationships between financial variables and real-world phenomena. My research findings have shed light on key issues such as the UK under-investment puzzle, climate risk, green finance, and industrial strategy, offering policy implications that can shape effective strategies and approaches.

Dongna Zhang

My research encompasses a diverse range of areas, including financial economics, energy economics, macro-finance, empirical asset pricing, and corporate finance. Through my research endeavors, I have contributed to understanding the intricacies of the UK under-investment puzzle and has offered valuable policy implications pertaining to industrial strategy. By exploring these multifaceted fields, I aim to deepen our understanding of financial dynamics, energy markets, and economic systems, ultimately providing insights that can inform strategic decision-making, policy formulation, and sustainable economic growth. 

  • Please visit the Pure Research Information Portal for further information
  • Emissions Prices, Commodity Futures, Equity Prices, and Geopolitical Risks Dependence Structure: Implications for Portfolio Diversification, Lau, C., Soliman, A., Zhang, D., Apergis, N. 13 Nov 2024, In: Emerging Markets Finance and Trade
  • Energy Price Inflation, Geopolitical Risk, and Bitcoin Dependence Structure: Evidence from BRICS, Lau, C., Soliman, A., Zhang, D. 25 Sep 2024, In: Emerging Markets Finance and Trade
  • Incorporating weather information into commodity portfolio optimization, Zhang, D., Dai, X., Xue, J. 1 Aug 2024, In: Finance Research Letters
  • Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach, Lau, C., Zhang, D., Gozgor, G. 19 Feb 2024, In: Emerging Markets Finance and Trade
  • Tail risk spillover network among green bond, energy and agricultural markets under extreme weather scenarios, Xue, J., Dai, X., Zhang, D., Nghiem, X., Wang, Q. Nov 2024, In: International Review of Economics and Finance
  • Do weather conditions drive China's carbon-coal-electricity markets systemic risk? A multi-timescale analysis, Zhao, Y., Dai, X., Zhang, D., Wang, Q., Cao, Y. 1 Jan 2023, In: Finance Research Letters
  • Impacts of weather conditions on the US commodity markets systemic interdependence across multi-timescales, Zhang, D., Dai, X., Wang, Q., Lau, C. 1 Jul 2023, In: Energy Economics
  • Implications of cryptocurrency energy usage on climate change, Zhang, D., Chen, X., Lau, C., Xu, B. 1 Feb 2023, In: Technological Forecasting and Social Change
  • Multiobjective portfolio optimization: Forecasting and evaluation under investment horizon heterogeneity, Dai, X., Zhang, D., Lau, C., Wang, Q. 1 Dec 2023, In: Journal of Forecasting
  • The causal relationship between green finance and geopolitical risk: Implications for environmental management, Zhang, D., Chen, X., Lau, C., Cai, Y. 1 Feb 2023, In: Journal of Environmental Management

Babar Ahmad Climate Transition Risk and Banking; The Prudential Effect in the G7 Start Date: 01/10/2023

Economics PhD


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