Email address: y.altunbas@bangor.ac.uk
OVERVIEW
Yener Altunbaş is a Professor of Economics at Bangor Business School. He holds a BSc (Economics) degree from the University of Hacettepe, Ankara and a PhD from the Unversity of Wales, Bangor. He worked first as an analyst with Ziraat and then as an economist in Etibank Banking Inc. in Turkey and as a Research Officer within the Institute of European Finance in the UK. Yener Altunbaş was employed as a Research Fellow with the Business School at South Bank University, London and as a Research Associate at the Centre of Business Research in Cambridge University. He also held a Visiting Researcher post at the European Central Bank (ECB), Bank for International Settlements (BIS) and a guest lectureship at the University of Lecce, and at the University of LUM, Jean Monnet in Bari, Italy, at the University of Yildirim Bayazit, Anakara, Turkey. Professor Altunbaş is currently a consultant for ECB, BIS and he is collaborating on research projects with other colleagues at the International Monetary Fund (IMF), Bank of Italy, Bank of Spain and Central Bank of Turkey. Recently, he has been acting as a Commonwealth Scholarships Academic Adviser. Author of many articles on the structure and efficiency of banking markets, his main fields of research interest include: the study of European banks, efficiency, stock market analysis, corporate governance, electoral studies, regional economics and urban economics. Recent research has also been concerned with marine biology.
Qualifications
PhD (Economics), University of Wales (Bangor).
BSc (Economics), University of Hacettepe, Ankara.
TEACHING
Postgraduate Teaching
Bank Financial Management (ASB-4402)
Financial Econometrics (ASB-4408)
Mergers and Acquisitions (ASB-4437)
Supervision of PhD students
RESEARCH INTEREST
-behavioural finance and accounting disclosures;
-credit ratings and debtholder/stockholder conflict;
-Say on Pay and performance conditions; and
-ex-dividend share price reaction and the value of dividends.
Projects：
Environmental Sustainability Engagement of Banks and Systemic Risk - SUSBANK (Grant No. 896016)
01/10/2020 – 31/10/2022 (Active)
Publication:
2022
Does gender diversity in the workplace mitigate climate change?
Altunbas, Y., Gambacorta, L., Reghezza, A. & Velliscig, G., 28 Feb 2022, 978-92-899-4983-5: European Central Bank, (Working Paper Series; no. 2650).
Research output: Working paper
Market Power and Bank Systemic Risk: Role of Securitization and Bank Capital
Altunbas, Y., Marques-Ibanez, D., van Leuvensteijn, M. & Zhao, T., 1 Mar 2022, (E-pub ahead of print) In: Journal of Banking and Finance. 106451.
Research output: Contribution to journal › Article › peer-review
Stock markets have been a one-way bet for many years thanks to the ‘Fed put’ – but those days are over
Jones, E. & Altunbas, Y., 21 Feb 2022, The Conversation.
Research output: Contribution to specialist publication › Article
2021
Centralised or Decentralised Banking Supervision? Evidence from European Banks
Avignone, G., Altunbas, Y., Polizzi, S. & Reghezza, A., Feb 2021, In: Journal of International Money and Finance. 110, 102264.
Research output: Contribution to journal › Article › peer-review
Do banks fuel climate change?
Reghezza, A., Altunbas, Y., Rodríguez d’Acri, C., Marques-Ibanez, D. & Spaggiari, M., 14 May 2021, European Central Bank, (Working Paper Series ; no. 2550).
Research output: Working paper
Does gender diversity in the workplace mitigate climate change?
Altunbas, Y., Gambacorta, L., Reghezza, A. & Velliscig, G., 16 Nov 2021, Bank for International Settlements (BIS), 45 p. (BIS Working Papers; no. 977).
Research output: Working paper
European Banking Union and bank risk disclosure: the effects of the Single Supervisory Mechanism
Altunbas, Y., Polizzi, S., Scannella, E. & Thornton, J., 15 Jul 2021, In: Review of Quantitative Finance and Accounting.
Research output: Contribution to journal › Article › peer-review
Money laundering and bank risk: evidence from US banks
Altunbas, Y., Thornton, J. & Uymaz, Y., Oct 2021, In: International Journal of Finance and Economics. 26, 4, p. 4879-4894
Research output: Contribution to journal › Article › peer-review
2020
Finance and income inequality revisited
Altunbas, Y. & Thornton, J., Nov 2020, In: Finance Research Letters. 37, 101355.
Research output: Contribution to journal › Article › peer-review
Fintech, financial inclusion and income inequality: a quantile regression approach
Demir, A., Pesqué-Cela, V., Altunbas, Y. & Murinde, V., 1 Jun 2020, (E-pub ahead of print) In: European Journal of Finance. 22 p.
Research output: Contribution to journal › Article › peer-review
The effect of CEO power on bank risk: Do boards and institutional investors matter?
Altunbaş, Y., Thornton, J. & Uymaz, Y., Mar 2020, In: Finance Research Letters. 33, p. 101202 1 p.
Research output: Contribution to journal › Article › peer-review
2019
The impact of financial development on income inequality: A quantile regression approach
Altunbas, Y. & Thornton, J., Feb 2019, In: Economics Letters. 175, p. 51-56
Research output: Contribution to journal › Article › peer-review
2018
CEO tenure and corporate misconduct: Evidence from US banks
Altunbas, Y., Thornton, J. & Uymaz, Y., Sep 2018, In: Finance Research Letters. 26, September, p. 1-8
Research output: Contribution to journal › Article › peer-review
Macroprudential policy and bank risk
Altunbas, Y., Binici, M. & Gambacorta, L., 1 Mar 2018, In: Journal of International Money and Finance. 81, March, p. 203-220
Research output: Contribution to journal › Article › peer-review
2017
Banking on capital
Altunbas, Y., Mangenelli, S. & Marques-Ibanez, D., 14 Nov 2017
Research output: Non-textual form › Web publication/site
Macroprudential Policy and Bank Risk
Altunbas, Y., Binici, M. & Gambacorta, L., 3 Jul 2017, Bank for International Settlements (BIS), p. 1, 48 p. (BIS Working Papers; no. 646).
Research output: Working paper
Macroprudential Policy and Bank Risk
Altunbas, Y., Binici, M. & Gambacorta, L., 18 Jul 2017, CEPR Discussion Paper, p. 1, 47 p.
Research output: Working paper
New evidence on the effectiveness of macroprudential measures
Altunbas, Y., Binici, M., Gambacorta, L. & Murcia, A., 5 Dec 2017
Research output: Non-textual form › Web publication/site
Realized Bank Risk during the Great Recession
Altunbas, Y., Manganelli, S. & Marques-Ibanez, D., Oct 2017, In: Journal of Financial Intermediation. 32, p. 29-44
Research output: Contribution to journal › Article › peer-review
2016
Do better-capitalized banks lend less? Evidence from European banks
Altunbas, Y., Di Tommaso, C. & Thornton, J., May 2016, In: Finance Research Letters. 17, p. 246-250
Research output: Contribution to journal › Article › peer-review
Is there a financial accelerator in European banking?
Altunbas, Y., Di Tommaso, C. & Thornton, J., May 2016, In: Finance Research Letters. 17, p. 218-221
Research output: Contribution to journal › Article › peer-review
Securitisation and banking risk: what do we know so far?
Kara, A., Ozkan, A. & Altunbas, Y., Jan 2016, In: Review of Behavioural Finance. 8, 1, p. 2-16
Research output: Contribution to journal › Article › peer-review
Why do countries adopt fiscal rules?
Altunbas, Y. & Thornton, J., 5 Dec 2016, In: Manchester School. 85, 1, p. 65-87
Research output: Contribution to journal › Article › peer-review
2014
The (small) blessing of foreign aid: further evidence on aid’s impact on democracy
Altunbas, Y. & Thornton, J., 20 Aug 2014, In: Applied Economics. 46, 32, p. 3922-3930
Research output: Contribution to journal › Article › peer-review
2012
Do bank characteristics influence the effect of monetary policy on bank risk?
Altunbas, Y., Gambacorta, L. & Marqués, D., 1 Oct 2012, In: Economics Letters. 117, 1, p. 220-222
Research output: Contribution to journal › Article › peer-review
Does financial development reduce corruption?
Altunbas, Y. & Thornton, J. S., 1 Feb 2012, In: Economics Letters. 114, 2, p. 221-223
Research output: Contribution to journal › Article › peer-review
Fiscal Decentralization and Governance
Altunbas, Y., Thornton, J. S., Altunbaş, Y. & Thornton, J., 1 Jan 2012, In: Public Finance Review. 40, 1, p. 66-85
Research output: Contribution to journal › Article › peer-review
2011
Are Homegrown Islamic Terrorists Different? Some UK Evidence
Altunbas, Y. & Thornton, J. S., 1 Jan 2011, In: Southern Economic Journal. 78, 2, p. 262-272
Research output: Contribution to journal › Article › peer-review
2010
Bank risk and monetary policy.
Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Sep 2010, In: Journal of Financial Stability. 6, 3, p. 121-129
Research output: Contribution to journal › Article › peer-review
Does Monetary Policy Affect Bank Risk-Taking
Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 31 Mar 2010, European Central Bank, (European Central Bank Working Paper Series; no. 1166).
Research output: Working paper
Does Monetary Policy Affect Bank Risk-Taking?
Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Mar 2010, Bank for International Settlements (BIS), (BIS Working Paper; no. n.298).
Research output: Working paper
Large debt financing: syndicated loans versus corporate bonds.
Altunbas, Y., Kara, A. & Marques-Ibanez, D., 1 May 2010, In: European Journal of Finance. 16, 5, p. 437-458
Research output: Contribution to journal › Article › peer-review
2009
Bank risk and monetary policy.
Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Jul 2009, European Central Bank. (European Central Bank Working Paper Series; no. 1075)
Research output: Book/Report › Commissioned report
Securitisation and the Bank Lending Channel.
Altunbas, Y., Gambacorta, L. & Marques, D., 1 Nov 2009, In: European Economic Review. 53, 8, p. 996-1009
Research output: Contribution to journal › Article › peer-review
Turkish Banking: Banking Under Political Instability and Chronic High Inflation
Altunbas, Y., Kara, A. & Olgu, O., 1 Jan 2009, Palgrave Macmillan.
Research output: Book/Report › Book
2008
Mean reversion of profitability: evidence from the European-listed firms.
Altunbas, Y., Karagiannis, A., Liu, M. H. & Tourani-Rad, A., 1 Nov 2008, In: Managerial Finance. 34, 11, p. 799-815
Research output: Contribution to journal › Article › peer-review
Mergers and acquisitions and bank performance in Europe: the role of strategic similarities.
Altunbas, Y. & Marques, D., 1 May 2008, In: Journal of Economics and Business. 60, 3, p. 204-222
Research output: Contribution to journal › Article › peer-review
