Dr. Jim Hanly
P: +353 1 402 3180
Dr Jim Hanly is a Senior Lecturer in Finance in the College of Business at the Dublin Institute of Technology.
His research interests focus on risk management and hedging, asset pricing, and volatility modelling in financial and commodity markets. He is also interested in research questions that examine the interaction of financial and non-financial data particularly in terms of the impact of finance on the broader economy and society as well as experiential learning and management dynamics. He has spent time in the University of Melbourne, Australia and the University of Otago, New Zealand as a visiting scholar.
He has acted as a reviewer for a number of journals including Energy Economics and the Financial Review and has published work in journals including the Journal of Futures Markets, The European Journal of Finance, Energy Economics and the Energy Journal. He is also a reviewer of financial texts for a number of publishers.
Current PhD students are focusing on foreign exchange risk management and the impact of renewable energy on economic growth.
Qualifications and Awards
Dr Hanly holds a PhD and an MBS in Finance from University College Dublin and a BBS from Dublin City University
His teaching interests include financial management, corporate finance, econometrics, derivatives and risk management.
Hanly, J., Managing Energy Price Risk using Futures Contracts: A Comparative Analysis, Energy Journal, Forthcoming.
Hanly, J., (Co-Author J. Cotter), 2015, Performance of utility based hedges, Energy Economics, 49, 718-726.
Hanly, J., (Co-Author J. Cotter), 2012, A utility based approach to energy hedging, Energy Economics, 34(3), 817-827.
Hanly, J., (Co-Author J. Cotter), 2012, Hedging effectiveness under conditions of asymmetry, European Journal of Finance, 18, 135-147
Hanly, J., (Co-Author J. Cotter), 2010, Time Varying Risk Aversion: An Application to Energy Hedging, Energy Economics, Vol. 32, No. 2 432 - 441.
Hanly, J., (Co-Author J. Cotter), 2009, Hedging, Scaling and the Investor Horizon, Journal of Risk, Vol. 12, No. 2.
Hanly, J., (Co-Author J. Cotter), 2006, Re-evaluating Hedging Performance, Journal of Futures Markets, Vol. 26, No. 7, 677-702.
Cotter, J. and Hanly, J., 2012, 'Re-evaluating Hedging Performance for Asymmetry: The Case of Oil, Derivative Securities Pricing and Modeling', Contemporary Studies in Economics and Financial Analysis Series, Jonathan Batten and Niklas Wagner (Eds), Emerald, 259-280
Hanly, J., 2007, (Co-Author J. Cotter), Hedging in an uncertain world, Finance magazine, April 16th, 2007.
Hanly, J., (Co-Author J. Cotter), 2006, “Hedging Your Bets”, Futures and Options World, May 25th, 2006.
Recent Conference Papers / Presentation
Peer Reviewed Published Proceedings
Morales, L and Hanly, J., 2016, European Power Markets – A journey towards efficiency, Portuguese Finance Association, Covilha, Portugal, June 2016
Hanly, J, “Hedging Effectiveness using Energy Futures - A Comparison”, 2nd International Symposium on Energy and Finance Issues, Paris, France, March 2014.
Hanly, J ,Kocman, R and Morales, L., “Volatility Linkages in Central Europe The International Institute of Social and Economic Sciences, Vienna, Austria, June 2014
Hanly, J, “Hedging for Investors with Differing Attitudes Towards Risk”, Portuguese Finance Association, Vilamoura, Portugal, June 2014
Hanly, J, “Asymmetric Hedging”, Irish Association of Accounting and Finance Annual Conference, Cork, Ireland, May, 2011.
Hanly, J., (Co-Author J. Cotter),“Time Varying Risk Aversion: An Application to Energy Hedging”, Financial Management Association Annual Conference, Nevada, USA, October 2009.
Hanly, J., (Co-Author J. Cotter), “Equity Index and Commodity Oil Hedging for Symmetric and Asymmetric Distributions”, Irish Accounting and Finance Association Annual conference, Dublin, Ireland, May 2006.
“Hedging Performance under Conditions of Asymmetry”, Global Finance Conference, Dublin, Ireland, June 2005
“Evaluating Hedge Performance using Downside Risk Approaches”, Midwest Finance Association's 54th Annual Meeting, Wisconsin, USA, March 2005.
Conference and Seminar Presentations
"Volatility and Risk Management in European Electricity Futures Markets", Dublin Energy Lab, Dublin Institute of Technology, Dublin Ireland, December 2014.
“Performance of Utility Based Hedges”, Centre for Energy Trading and Financial Research, University Duisburg-Essen, Essen, Germany, November 2013.
“Utility based Hedging Performance. DIT Working Paper Series Seminar, Dublin Institute of Technology, November 2012.
“Time Varying Risk Aversion: An Application to Energy Hedging”, Centre for Financial Markets Research Seminar, University College Dublin, January 2008.
“Time Varying Risk Aversion in the Hedging Framework: An Application to
Energy Hedging”, Department of Finance and Quantitative Analysis Research Seminar, University of Otago, March 2007.
“Hedging and Market Representative Risk Aversion”, Department of Finance, University of Melbourne, November 2006.
“Hedging and Risk Aversion Constraints”, Centre for Financial Markets Research Seminar, University College Dublin, November 2005.
“Privatisation of IPO's in Eastern Europe”, IAFA Annual Conference, Waterford, Ireland, September 2002.