Keith Pilbeam

Research output

Working papers

1. Pilbeam, K. & Litsios, I., 2018. "Long-run determination of the nominal exchange rate in the presence of national debts: Evidence from the yen-dollar exchange rate," Working Papers 18/01, Department of Economics, City St George's, University of London.
2. Pilbeam, K. & Litsions, I., 2015. "The long-run determination of the real exchange rate. Evidence from an intertemporal modelling framework using the dollar-pound exchange rate," Working Papers 15/19, Department of Economics, City St George's, University of London.
3. Pilbeam, K. & Litsios, I., 2015. "An Empirical Analysis of the Nexus between Investment, Fiscal Balances and Current Account Balances in Greece, Portugal and Spain," Working Papers 15/18, Department of Economics, City St George's, University of London.
4. Olmo, J. & Pilbeam, K. & Pouliot, W., 2009. "Detecting the Presence of Informed Price Trading Via Structural Break Tests," Working Papers 09/10, Department of Economics, City St George's, University of London.
5. Olmo, J. & Pilbeam, K., 2007. "A resolution of the forward discount puzzle," Working Papers 07/10, Department of Economics, City St George's, University of London.
6. Andriesz, E. & Asteriou, D. & Pilbeam, K., 2003. "The linkage between financial liberalization and economic development: empirical evidence from Poland," Working Papers 03/03, Department of Economics, City St George's, University of London.

Articles

1. Dimitrios Asteriou & Paraskevi Katsiampa & Keith Pilbeam & Alexander Tziamalis, 2026. "Herding and Anti‐Herding Behaviour in the UK, French and German Stock Markets Before and During the Covid Pandemic," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 31(2), pages 1780-1804, April.
2. Dimitrios Asteriou & Keith Pilbeam & William Pouliot, 2026. "Which GRS Statistic Is Appropriate for Cross‐Sectional Tests of Linear Multi‐Factor Pricing Models?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 31(4), pages 5790-5811, October.
3. Tjeerd M. Boonman & Ioannis Litsios & Keith Pilbeam, 2026. "The Impact of Changes in Real Income and the Real Effective Exchange Rate on Trade in Goods and Services," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 31(3), pages 3233-3247, July.
4. Cheng, Tingting & Xing, Shuo & Yan, Cheng & Pilbeam, Keith, 2026. "Do active Chinese equity fund managers produce positive alpha? A comprehensive performance evaluation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 109(C).
5. Dimitrios Asteriou & Keith Pilbeam & Ioannis Litsios & William Pouliot, 2025. "ESG Ratings and Investment Returns at the Country Level: Does Higher Mean Better?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 30(4), pages 3761-3784, October.
6. Ioannis Litsios & Keith Pilbeam, 2024. "Explaining and correcting trade imbalances between the Northern and Southern Eurozone: An empirical investigation," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 1079-1096, January.
7. Keith Pilbeam & Joscha Beckmann & Ioannis Kyriakou & Jia Liu, 2023. "Celebrating the 27th anniversary of International Journal of Finance and Economics and shaping the future," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 5-8, January.
8. Boonman, Tjeerd & Litsios, Ioannis & Pilbeam, Keith & Pouliot, William, 2022. "Modelling the trade balance between the northern and southern eurozone using an intertemporal approach," Journal of International Money and Finance, Elsevier, vol. 121(C).
9. Huang, Rong & Pilbeam, Keith & Pouliot, William, 2022. "Are macroeconomic forecasters optimists or pessimists? A reassessment of survey based forecasts," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 706-724.
10. Huang, Rong & Pilbeam, Keith & Pouliot, William, 2021. "Do actively managed US mutual funds produce positive alpha?," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 472-492.
11. Dimitrios Asteriou & Keith Pilbeam & Cecilia Eny Pratiwi, 2021. "Public debt and economic growth: panel data evidence for Asian countries," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(2), pages 270-287, April.
12. Asteriou, Dimitrios & Pilbeam, Keith & Tomuleasa, Iuliana, 2021. "The impact of corruption, economic freedom, regulation and transparency on bank profitability and bank stability: Evidence from the Eurozone area," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 150-177.
13. Ioannis Litsios & Keith Pilbeam & Dimitrios Asteriou, 2021. "DSGE modelling for the UK economy 1974–2017," Bulletin of Economic Research, Wiley Blackwell, vol. 73(2), pages 295-323, April.
14. Dimitrios Asteriou & Keith Pilbeam & Antonios Sarantidis, 2019. "The Behaviour of Banking Stocks During the Financial Crisis and Recessions. Evidence from Changes‐in‐Changes Panel Data Estimations," Scottish Journal of Political Economy, Scottish Economic Society, vol. 66(1), pages 154-179, February.
15. Pilbeam Keith, 2019. "Brexit and its Impact on the Pound in the Foreign Exchange Market," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-5, December.
16. Keith Pilbeam & Hamish Preston, 2019. "An Empirical Investigation of the Performance of Japanese Mutual Funds: Skill or Luck?," IJFS, MDPI, vol. 7(1), pages 1-16, January.
17. Ioannis Litsios & Keith Pilbeam, 2019. "The Role Of National Debts In The Determination Of The Yen‐Dollar Exchange Rate," Economic Inquiry, Western Economic Association International, vol. 57(2), pages 1182-1195, April.
18. Tommaso Gabrieli & Keith Pilbeam & Bingxi Shi, 2018. "The impact of shadow banking on the implementation of Chinese monetary policy," International Economics and Economic Policy, Springer, vol. 15(2), pages 429-447, April.
19. Benbouzid, Nadia & Mallick, Sushanta & Pilbeam, Keith, 2018. "The housing market and the credit default swap premium in the UK banking sector: A VAR approach," Research in International Business and Finance, Elsevier, vol. 44(C), pages 1-15.
20. Tommaso Gabrieli & Keith Pilbeam & Tianyu Wang, 2018. "Estimation of bubble dynamics in the Chinese real estate market: a State space model," International Economics and Economic Policy, Springer, vol. 15(2), pages 483-499, April.
21. Joscha Beckmann & Dionysius Glycopantis & Keith Pilbeam, 2018. "The dollar–euro exchange rate and monetary fundamentals," Empirical Economics, Springer, vol. 54(4), pages 1389-1410, June.
22. Litsios, Ioannis & Pilbeam, Keith, 2017. "An empirical analysis of the nexus between investment, fiscal balances and current account balances in Greece, Portugal and Spain," Economic Modelling, Elsevier, vol. 63(C), pages 143-152.
23. Ioannis Litsios & Keith Pilbeam, 2017. "The long-run determination of the real exchange rate. Evidence from an intertemporal modelling framework using the dollar-pound exchange rate," Open Economies Review, Springer, vol. 28(5), pages 1011-1028, November.
24. Ansgar Belke & Keith Pilbeam, 2016. "Exports, growth and financial stability in the euro area and beyond," International Economics and Economic Policy, Springer, vol. 13(3), pages 339-343, July.
25. Asteriou, Dimitrios & Masatci, Kaan & Pılbeam, Keith, 2016. "Exchange rate volatility and international trade: International evidence from the MINT countries," Economic Modelling, Elsevier, vol. 58(C), pages 133-140.
26. Kyriaki Begiazi & Dimitrios Asteriou & Keith Pilbeam, 2016. "A multivariate analysis of United States and global real estate investment trusts," International Economics and Economic Policy, Springer, vol. 13(3), pages 467-482, July.
27. Keith Pilbeam & Kjell Langeland, 2015. "Forecasting exchange rate volatility: GARCH models versus implied volatility forecasts," International Economics and Economic Policy, Springer, vol. 12(1), pages 127-142, March.
28. Ansgar Belke & Keith Pilbeam, 2015. "Macroeconomic and financial adjustment in globalised economies - The state-of-play," International Economics and Economic Policy, Springer, vol. 12(1), pages 1-4, March.
29. Keith Pilbeam & Arturo Bris & Cinzia Alcidi & Mikkel Barslund & Willem Groen & Daniel Gros, 2015. "Currency Interventions: Effective Policy Tool or Shortsighted Gamble?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 50(2), pages 64-81, March.
30. Beckmann, Joscha & Czudaj, Robert & Pilbeam, Keith, 2015. "Causality and volatility patterns between gold prices and exchange rates," The North American Journal of Economics and Finance, Elsevier, vol. 34(C), pages 292-300.
31. Pilbeam, Keith & Oboleviciute, Neringa, 2012. "Does Foreign Direct Investment Crowd In or Crowd Out Domestic Investment? Evidence from the European Union," The Journal of Economic Asymmetries, Elsevier, vol. 9(1), pages 89-104.
32. Jose Olmo & Keith Pilbeam, 2011. "Uncovered interest parity and the efficiency of the foreign exchange market: a re‐examination of the evidence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 16(2), pages 189-204, April.
33. Keith Pilbeam & Jose Olmo, 2011. "The forward discount puzzle and market efficiency," Annals of Finance, Springer, vol. 7(1), pages 119-135, February.
34. Olmo, Jose & Pilbeam, Keith & Pouliot, William, 2011. "Detecting the presence of insider trading via structural break tests," Journal of Banking & Finance, Elsevier, vol. 35(11), pages 2820-2828, November.
35. Jose Olmo & Keith Pilbeam, 2009. "Uncovered Interest Parity: Are Empirical Rejections of It Valid?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 24, pages 369-384.
36. Keith Pilbeam & Frank Nagle, 2009. "High-tech IPOs in the USA, UK and Europe after the dot-com bubble," International Journal of Financial Services Management, Inderscience Enterprises Ltd, vol. 4(1), pages 64-75.
37. Jose Olmo & Keith Pilbeam, 2009. "The profitability of carry trades," Annals of Finance, Springer, vol. 5(2), pages 231-241, March.
38. Keith Pilbeam & Rehan Noronha, 2008. "Risk budgeting and Value-at-Risk," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 1(2), pages 149-161.
39. Pilbeam, Keith, 2005. "The relative effectiveness of sterilized and non sterilized foreign exchange market interventions," Journal of Policy Modeling, Elsevier, vol. 27(3), pages 375-383, April.
40. Keith Pilbeam, 2004. "The stabilization properties of fixed and floating exchange rate regimes," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(2), pages 113-123.
41. Pilbeam, Keith, 2001. "The profitability of central bank foreign exchange market intervention," Journal of Policy Modeling, Elsevier, vol. 23(5), pages 523-530, July.
42. Keith Pilbeam, 2001. "Economic Fundamentals and Exchange Rate Movements," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(1), pages 55-64.
43. Pilbeam, Keith, 1995. "The Profitability of Trading in the Foreign Exchange Market: Chartists, Fundamentalists, and Simpletons," Oxford Economic Papers, Oxford University Press, vol. 47(3), pages 437-452, July.

Chapters

1. Keith Pilbeam, 1991. "Guidelines for Exchange Rate Policy," Palgrave Macmillan Books, in: Exchange Rate Management: Theory and Evidence, chapter 5, pages 177-180, Palgrave Macmillan.
2. Keith Pilbeam, 1991. "Exchange Rate Management and Stabilisation Policy," Palgrave Macmillan Books, in: Exchange Rate Management: Theory and Evidence, chapter 2, pages 36-78, Palgrave Macmillan.
3. Keith Pilbeam, 1991. "The Case for Exchange Rate Management," Palgrave Macmillan Books, in: Exchange Rate Management: Theory and Evidence, chapter 1, pages 1-35, Palgrave Macmillan.
4. Keith Pilbeam, 1991. "Exchange Rate Management by the United Kingdom 1973–89," Palgrave Macmillan Books, in: Exchange Rate Management: Theory and Evidence, chapter 4, pages 126-176, Palgrave Macmillan.
5. Keith Pilbeam, 1991. "Instruments of Exchange Rate Management," Palgrave Macmillan Books, in: Exchange Rate Management: Theory and Evidence, chapter 3, pages 79-125, Palgrave Macmillan.

Books

1. Keith Pilbeam, 1991. "Exchange Rate Management: Theory and Evidence," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-11744-4, April.