Dr Brian Lucey
Chair of International Finance and CommoditiesRoom 4.31 Aras an Phiarsaigh
blucey@tcd.ie
01 896 1552
Brian Lucey is Professor of International Finance and commodities. A graduate of TCD (BA, Economics, 1985), the National University of Ireland (MA, International Trade 1988) and Stirling (PhD, Finance , 2003), he has worked at Trinity Business School since 1992. Prior he worked as an economist at the Central Bank of Ireland and as an analyst at the Department of Health and Children.
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Brian researches mainly in the areas of the financial economics of precious metals, and has attracted significant funding from industry over the years on this area. He also researches international finance, with an emphasis on financial integration, chairing the annual INFINITI Conference on International Financial Integration. He also edits two academic journals. He is editor in chief of International Review of Financial Analysis, and co-editor in chief of Finance Research Letters.
He has published over 100 refereed papers in international finance, commodities, behavioural finance and financial management. A fellow of the University, Professor Lucey has been recognized as a Conference Ambassador by Fáilte Ireland, for his work in development of the INFINITI conference on International Finance.
One of my main interests is in the financial economics of gold. Gold is an unusual asset. It shares characteristics of a commodity, a currency and an investment asset. Despite its large size (equal in turnover to the combined size of global equity markets by some estimates), we remain somewhat in the dark about much of what drives its behaviour. Early work that I undertook with Dirk Baur established the first quantitative measure of a “safe haven” while showing gold to be one. More recent work, with Baur and others, has focused on time variation in the relationship of gold to other assets, to inflation and to its safe haven status.
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Bitcoin's roller coaster ride reflects the biggest issue facing cryptocurrencies: regulationBitcoin needs regulation to bring it into the mainstream but this goes against its libertarian ideals. Professor Brian Lucey writes in The Conversation. -
Turkey's election angst is driving up demand for gold coins.Professor Lucey comments on the growing demand for gold in Turkey (in Bloomberg). Read more here. -
Bitcoin rich kids in Puerto Rico: crypto utopia or crypto-colonialism?In this fascinating article Brian Lucey, Professor of International Finance and Commodities and Larisa Yarovaya, Lecturer in Accounting and Finance in Anglia Ruskin University explore the impact on the economy of the recent move by cryptocurrency entrepreneurs to set up ‘shop’ on the hurricane ravaged island of Puerto Rico. Read more here. -
Nanoscience - doing small wonders for Ireland's economyThe Irish Times covered the 2007-2016 Economic Impact Report drawn up by Professor Brian Lucey, that evaluated the economic impacts that Crann and Amber have had in the past 10 years, measuring their links with business and the wider community. -
BrexitFollowing a considerable reaction to Ian Paisley Junior's interview on Morning Ireland, Professor Brian Lucey of International Finance and Commodities at Trinity discussed Brexit, the potential for a hard border and its surrounding complications on Today with Sean O Rourke. RTE, 30 November, listen here. -
What will May do with the Irish Border?Professor Brian Lucey discusses the implications of Brexit on the Irish Border with Northern Ireland in the Portuguese Newspaper Expresso. -
Time to Get a Better Measure of Tourism´s BenefitsProfessor Brian Lucey proposes slow sustainable tourism initiatives for greater economic impact. Read Here. -
Ridiculous and risible Irexit Idea needs taking downProfessor Brian Lucey responds to calls for Irexit. Read more here. -
Gold and Silver Suppression
- Commodities, especially precious metals
- Financial econometrics
- Sociology of finance
- International finance
1. Is the Price of Gold to Gold Mining Stocks Asymmetric?
Batten, J. A., Ciner, C., Kosedag, A., & Lucey, B. M. (2017). Is the price of gold to gold mining stocks asymmetric? Economic Modelling, 60, 402-407. doi:10.1016/j.econmod.2016.10.007
2. The Dynamic Linkages between Crude Oil and Natural Gas Markets
Batten, J. A., Ciner, C., & Lucey, B. M. (2017). The dynamic linkages between crude oil and natural gas markets. Energy Economics, 62, 155-170. doi:10.1016/j.eneco.2016.10.019
3. Gold and Silver Manipulation: What can be Empirically Verified?
Batten, J. A., Lucey, B. M., & Peat, M. (2016). Gold and silver manipulation: What can be empirically verified? Economic Modelling, 56, 168-176. doi:10.1016/j.econmod.2016.03.005
1. Other behavioral biases
Dowling, M., & Lucey, B. (2011). Other behavioral biases. Behavioral finance: Investors, corporations, and markets (pp. 313-330) doi:10.1002/9781118258415.ch17
2. Equity markets and economic development: What do we know?
Lagoarde-Segot, T., & Lucey, B. M. (2008). Equity markets and economic development: What do we know? Economics of emerging markets (pp. 22-66) Retrieved from www.scopus.com
3. Cultural behavioral finance in emerging markets
Lucey, B. M., & Dowling, M. (2013). Cultural behavioral finance in emerging markets. Emerging markets and the global economy: A handbook (pp. 327-346) doi:10.1016/B978-0-12-411549-1.00014-44