NewIDDr. Duc Khuong Nguyen holds a MSc and a PhD in Finance from the University of Grenoble II (France) and obtains his HDR (Habilitation for Supervising Doctoral Research) in Management Sciences in June 2009. He also completed the "Leaders in Development" program at Harvard UniversityJohn F. Kennedy School of Government, Executive Education (2013). In January 2013, he joined IPAG Business School as Professor of Finance and Deputy Director for Research. Before joining IPAG Business School, he served as Professor of Finance and Head of the Department of Finance and Information Systems at ISC Paris School of Management (2006-2012), as Assistant Professor of Finance and Grenoble Graduate Institute of Business (2005-2006), and Research and Teaching Assistant at EM Lyon Business School (2003-2005) .

Dr. Nguyen is also a Non-Resident Research Fellow at the School of Public and Environmental Affairs, Indiana University, and was a Research Associate at the Department of Finance, Centre d'Economie de la Sorbonne (CES), University Paris 1 Panthéon-Sorbonne (2011-2015).

His principal research areas concern emerging markets finance, energy finance, volatility modeling and risk management in international capital markets. His most recent articles are forthcoming and published in refereed journals such as European Journal of Operational ResearchJournal of Banking and Finance, Journal of International Financial Markets, Institutions and Money, Journal of International Money and Finance, Journal of Macroeconomics, Macroeconomic Dynamics, Quarterly Review of Economics and Finance, Review of International Economics, Review of Quantitative Finance and Accounting, and World Economy.

Conference Organizing/Scientific Committees

Invited Talks

Editorial Activities





  • Multivariate Dependence and Portfolio Optimization Algorithms under Illiquid Market Scenarios. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, forthcoming, 2017 (with Mazin A.M. Al Janabi, Jose Arreola Hernandez, and Theo Berger).
  • Information Diffusion, Cluster Formation and Entropy-based Network Dynamics in Equity and Commodity Markets. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, Vol. 256(3), pp. 945-961, 2017 (with Stelios Bekiros, Leonidas Sandoval Jr., and Gazi Salah Uddin).
  • Dynamic global linkages of the BRICS stock markets with the U.S. and Europe under external crisis shocks: Implications for portfolio risk forecasting. THE WORLD ECONOMY, forthcoming (with Shawkat Hammoudeh, Sang-Hoon Kang, and Walid Mensi).
  • Impact of Speculation and Economic Uncertainty on Commodity Markets. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, Vol. 43, pp. 115-127, 2016 (with Pierre Andreasson, Stelios Bekiros, and Gazi Salah Uddin).
  • Asymmetric Linkages between BRICS Stock Returns and Country Risk Ratings: Evidence from Dynamic Panel Threshold ModelsREVIEW OF INTERNATIONAL ECONOMICS, Vol. 24, pp. 1-19, 2016 (with Shawkat Hammoudeh, Walid Mensi and Seong-Min Yoon).
  • US Monetary Policy and Sectoral Commodity Prices. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, Vol. 57, pp. 61-85, 2015 (with Shawkat Hammoudeh, and Ricardo Sousa).
  • Dynamic Dependence of the Global Islamic Equity Index with Global Conventional Equity Market Indices and Risk Factors. PACIFIC-BASIN FINANCE JOURNAL, Vol. 30, pp. 189-206, 2014 (with Shawkat Hammoudeh, Walid Mensi, and Juan Carlos Reboredo).
  • Can Economic Uncertainty, Financial Stress and Consumer Sentiments Predict U.S. Equity Premium? JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, Vol. 33, pp. 367-378, 2014 (with Rangan Gupta, Shawkat Hammoudeh, and Mampho P. Modise).

  • Dependence of Stock and Commodity Futures Markets in China: Implications for Portfolio InvestmentEMERGING MARKETS REVIEW, Vol. 21, pp. 183-200, 2014 (with Shawkat Hammoudeh, Juan Carlos Reboredo, and Xiaoqian Wen).
  • Financial Linkages between U.S. Sector Credit Default Swaps MarketsJOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, Vol. 33, pp., 223-243, 2014 (with Mohamed Arouri, Shawkat Hammoudeh, and Fredj Jawadi).

  • Volatility Forecasting and Risk Management for Commodity Markets in the Presence of Asymmetry and Long Memory. ENERGY ECONOMICS, Vol. 41, pp. 1-18, 2014 (with Walid Chkili and Shawkat Hammoudeh).
  • Conditional Dependence Structure between Oil Prices and Exchange Rates: A Copula-GARCH Approach. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, Vol. 32, No. 2, pp. 719-738, 2013 (with Riadh Aloui and Mohamed Ben Aïssa).
  • What Can We Tell about Monetary Policy Synchronization and Interdependence over the 2007-2009 Global Financial Crisis? JOURNAL OF MACROECONOMICS, Vol. 36, pp. 175-187, 2013 (with Mohamed Arouri and Fredj Jawadi).
  • An International CAPM for Partially Integrated Markets: Theory and Empirical Evidence. JOURNAL OF BANKING AND FINANCE, Vol. 36, No. 9, pp. 2473-2493, 2012 (with Mohamed Arouri and Kuntara Pukthuanthong).
  • Modeling Nonlinear and Heterogeneous Dynamic Linkages in International Monetary Markets. MACROECONOMIC DYNAMICS, Vol. 16, S2, pp. 232-251, 2012 (with Mohamed Arouri and Fredj Jawadi).
  • Long Memory and Structural Breaks in Modeling the Return and Volatility Dynamics of Precious Metals. QUARTERLY REVIEW OF ECONOMICS AND FINANCE, Vol. 52, No. 2, pp. 207-218, 2012 (with Mohamed Arouri, Shawkat Hammoudeh, and Amine Lahiani).
  • Asymmetric Effects and Long Memory in Dynamic Volatility Relationships between Stock Returns and Exchange Rates. JOURNAL OF INTERNATIONAL FINANCIAL MARKETS, INSTITUTIONS AND MONEY, Vol. 22, No. 4, pp. 738-757, 2012 (with Chaker Aloui and Walid Chkili).
  • On Volatility Spillovers between Oil Prices and Stock Sector Returns: Implications for Portfolio Management. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, Vol. 30, No. 7, pp. 1387-1405, 2011 (with Mohamed Arouri and Jamel Jouini).
  • Global Financial Crisis, Extreme Interdependences, and Contagion Effects: The Role of Economic Structure? JOURNAL OF BANKING AND FINANCE, Vol. 35, No. 1, pp. 130-141, 2011 (with Riadh Aloui and Safouane Ben Aïssa).

Books and Edited Books




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Office address

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Email: duc.nguyen[at]

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