Emeritus Professor
- About
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- Email Address
- angela.black@abdn.ac.uk
- School/Department
- Business School
Biography
I joined the University of Aberdeen in 1999 and was promoted to Chair in Finance in 2003. Before joining Aberdeen I was a Lecturer in Economics at the University of St. Andrews. During my academic career I have been associate editor for many academic journals; and enjoyed supervising and supporting undergraduate, postgraduate and PhD students. I have always been interested in asset pricing and asking questions about the reasons why prices change and forever find it rewarding to discuss and explore these topics with students and colleagues.
My service to the University of Aberdeen includes Director of the Graduate School within the College of Arts & Social Sciences (2005-2008) and Head of the Business School (2008-2011). More recently, I was Director of Staffing within the Business School prior to retiring in 2023 and becoming Emeritus Professor. This new position offers a wonderful opportunity to focus on reading, writing and imagining new ideas.
Angela J Black (nee Devany)
- Research
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Research Overview
My research interests are predominantly in asset pricing.
Current Research
My current project is:
"Let's do what everyone else is doing". The purpose is to offer a multidisciplinary exploration of the efficient markets hypothesis drawing upon historical literature but using a statistical approach to convey a new perspective of tulipmania, the South Sea bubble, the nifty-fifty American blue chip bubble, the Japanese stock price bubble, the internet craze of 1999; and, the real estate bubble of the early 21 Century.
- Publications
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Page 2 of 3 Results 11 to 20 of 29
Macroeconomic risk and the Fama-French Three factor model
Managerial Finance, vol. 32, no. 6, pp. 505-517Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1108/03074350610666238
Non-Linear Predictability of Value and Growth Stocks and Economic Activity
Journal of business finance & accounting, vol. 31, no. 3/4, pp. 439-474Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1111/j.0306-686X.2004.00546.x
Long run trends and volatility spillovers in daily exchange rates
Applied Financial Economics, vol. 14, pp. 895-907Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1080/0960310042000203037
Are Stock Prices Too Volatile and Returns Too High? A Reassessment of the Empirical Evidence Using a Dynamic Version of the CAPM
ICFA Journal of Applied FinanceContributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.2139/ssrn.257442
Fundamental UK stock prices as determined by the macroeconomy
Journal of Asset Management, vol. 4, no. 1, pp. 5-9Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1057/palgrave.jam.2240091
How Big is the Speculative Component in Australian Share Prices
Journal of Economics and Business, vol. 55, no. 2, pp. 177-195Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1016/S0148-6195(02)00135-2
Stock Returns and the State of the Economy: A Historical Perspective Using Very Long-Run UK Data
In: Innovation, Competition and Regulation in the Global Economy (ed. Bloch,H.), Edward Elgar Publishing, pp. 121-140, 19 pagesChapters in Books, Reports and Conference Proceedings: ChaptersThe Value Premium: Rational, Irrational or Random
Managerial Finance, vol. 29, no. 10, pp. 57-75Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1108/03074350310768517
U.S. stock prices and macroeconomic fundamentals
International Review of Economics & Finance, vol. 12, no. 3, pp. 345-367Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1016/S1059-0560(03)00016-9
Efficient Portfolio Diversification: Changing UK Stock Market Sector and Sub-Sector Volatilities, 1968-2000
Managerial Finance, vol. 28, no. 8, pp. 26-43Contributions to Journals: Articles- [ONLINE] DOI: https://doi.org/10.1108/03074350210767997