基本情報

写真a

Clinton WATKINS


職名

グローバル・ビジネス領域長

国籍

オーストラリア

研究分野・キーワード

Finance, Empirical Finance, Market Microstructure, Commodity Markets, Equity Markets, Foreign Exchange

ホームページ

https://www.clintonwatkins.com/

プロフィール

I am currently Professor and Director, Global Business at Akita International University (AIU), teaching undergraduate courses in finance and conducting research in empirical finance. My recent research focuses on market microstructure in commodity and equity markets, and the empirical finance of foreign exchange. Previously, I was an Associate Professor in the Graduate School of Economics at Kobe University and in Global Business at AIU. Prior to working in academia, I was a Director at BlackRock Japan, formerly Barclays Global Investors, working in research and strategy for a multi-asset class quantitative global macro hedge fund. At BlackRock, I worked on asset allocation and models forecasting returns in currency, fixed income and emerging market equities, as well as other asset classes. In addition, I created materials to inform and educate our clients about the fund's strategies, as well as analysing the macroeconomies of the Asian region. Before that, I was an Adviser at the Reserve Bank of New Zealand, where I worked in financial markets analysis and research as part of the Bank's monetary and financial stability processes. Much of this work revolved around monitoring relevant developments in global financial markets, extracting and interpreting information from both financial market prices and qualitative surveys of market participants. Previously, I worked in energy and greenhouse gas economics and held management positions in several businesses in Australia. My PhD thesis on the empirical finance of non-ferrous metals markets and was completed at the University of Western Australia under the supervision of Professor Michael McAleer.

Website: https://www.clintonwatkins.com/

RePEc: https://ideas.repec.org/f/pwa618.html
Google Scholar: https://scholar.google.com/citations?user=dj3LIc0AAAAJ
Researchmap: https://researchmap.jp/7000013818

研究分野

Finance, Empirical Finance, Market Microstructure, Commodity Markets, Equity Markets, Foreign Exchange

最近の活動

My current research projects include:
1. The Changing Role of Foreign Investors in Tokyo Stock Price Formation (with Kentaro Iwatsubo).

2. Arbitrage and Liquidity Across International Platinum Markets (with Kentaro Iwatsubo).

3. Dividends and Firms’ Payout Targets: Evidence from Japan (with Jason Bennett and Chang Liu).

4. Does Firm-Level Productivity Predict Stock Returns? (with Takashi Hiroki and Kentaro Iwatsubo).

5. Read a summary of a recent research project "Intraday seasonality in efficiency, liquidity, volatility and volume: Platinum and gold futures in Tokyo and New York" with Ken Iwatsubo and Tao Xu on the Japan Exchange Futures and Options Report website (in Japanese): https://www.jpx.co.jp/derivatives/futures-options-report/archives/nlsgeu000004hmd8-att/rerk2004.pdf

6. Read a summary of a recent research project "Who influences the fundamental value of commodity futures in Japan?" with Ken Iwatsubo on the Japan Exchange Futures and Options Report website (in Japanese): https://www.jpx.co.jp/derivatives/futures-options-report/archives/nlsgeu000004hmd8-att/rerk2005.pdf

学生へのメッセージ

Finance, economics and business can be very stimulating and rewarding fields for your professional career, either as a practitioner, a researcher in industry or government, or as an academic researcher and educator. To work in these areas well, we need to be both practical and innovative. If finance, economics or business interest you, I hope you pursue study in these fields at university with great enthusiasm and curiosity.

取得学位 【 表示 / 非表示

  • Doctor of Philospohy, Financial Economics,University of Western Australia,2003/09

  • Master of Economics, Economics,University of Western Australia,1995/04

  • Bachelor of Economics, Economics,University of Western Australia,1992/04

学内職務経歴 【 表示 / 非表示

  • 国際教養大学 国際教養学部 グローバル・ビジネス課程,准教授,2014/04 ~ 2015/08

  • 国際教養大学 国際教養学部 グローバル・ビジネス課程,客員教授,2015/09 ~ 2020/03

  • 国際教養大学 国際教養学部 グローバル・ビジネス課程,グローバル・ビジネス課程長,2020/04 ~ 2021/03

  • 国際教養大学 国際教養学部 グローバル・ビジネス課程,教授,2020/04 ~ 2021/03

  • 国際教養大学 国際教養学部 グローバル・ビジネス領域,グローバル・ビジネス領域長,2021/04 ~ 継続中

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職歴 【 表示 / 非表示

  • 神戸大學 大学院経済学研究科,准教授,2015/09 ~ 2020/03

  • Riocee Inc.,Senior Research Officer,2016/07 ~ 2016/11

  • BlackRock Japan (formerly Barclays Global Investors Japan) Global Market and Multi-Asset Strategies,Director,2008/01 ~ 2012/05

  • Reserve Bank of New Zealand Market Analysis and Research,Adviser,2003/07 ~ 2007/12

  • 横浜国立大学,Visiting Associate Professor,2003/09 ~ 2003/11

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所属学会 【 表示 / 非表示

  • International Engineering and Technology Institute,2015/11 ~ 継続中,その他(アジア地域)

  • American Finance Association,2017/12 ~ 継続中,アメリカ合衆国

  • Asian Finance Association,2018/07 ~ 継続中,その他(アジア地域)

  • American Economic Association,2019/11 ~ 継続中,アメリカ合衆国

  • 日本ファイナンス学会,2019/11 ~ 継続中,日本

専門分野 【 表示 / 非表示

  • 金融・ファイナンス

  • 経済統計

  • 経済政策

 

論文 【 表示 / 非表示

  • Raising Global Citizens at Home: Exploring a methodological approach,Societal Impacts,-巻 -号 (頁 100012 ~ -) ,2023/11,Ingrid Van Rompay-Bartels, Clinton Watkins, Jannemieke Geessink

    DOI:10.1016/j.socimp.2023.100012,研究論文(学術雑誌),共著,経営学,商学,教育学,英語

  • Causality between Arbitrage and Liquidity in Platinum Futures,Journal of Risk and Financial Management,15巻 12号 (頁 1 ~ 17) ,2022/12,Kentaro Iwatsubo, Clinton Watkins

    DOI:10.3390/jrfm15120593,研究論文(学術雑誌),共著,財政・公共経済,英語

  • Does firm-level productivity predict stock returns?,Pacific-Basin Finance Journal,72巻 101710号 (頁 101710) ,2022/01,Takeshi Hiroki, Kentaro Iwatsubo, Clinton Watkins

    DOI:10.1016/j.pacfin.2022.101710,研究論文(学術雑誌),共著,金融・ファイナンス,経済統計,英語

  • The changing role of foreign investors in Tokyo stock price formation,Pacific-Basin Finance Journal,67巻 June号 (頁 X) ,2021/06,Kentaro Iwatsubo, Clinton Watkins

    DOI:10.1016/j.pacfin.2021.101548,研究論文(学術雑誌),共著,英語

  • Who Influences the Fundamental Value of Commodity Futures in Japan?,International Review of Financial Analysis,67巻 1号 (頁 1 ~ 15) ,2020/01,Kentaro Iwatsubo, Clinton Watkins

    DOI:https://doi.org/10.1016/j.irfa.2019.101404,研究論文(学術雑誌),共著,英語

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その他研究活動 【 表示 / 非表示

  • Japan Exchange Group Futures and Options Report 32(4),2020/04

    その他

  • Japan Exchange Group Futures and Options Report 32(5),2020/05

    その他

  • Peer Review of Manuscripts for Academic Journals,2020/04 ~ 2021/03

    その他

科研費(文科省・学振)獲得実績 【 表示 / 非表示

  • 基盤研究(C),2022/04 ~ 2025/03,Management Disclosure of Long-term Payout Targets, Firm Performance and Corporate Governance

    Corporations' management have long been thought to maintain long-term dividend payout targets, but there is little evidence on what these targets are or how they evolve over time. This project will develop a database of voluntary long-term payout target disclosures by listed Japanese firms. The properties of payout targets and their relationships with firm performance, stock returns, actual payouts, bankruptcy risk and corporate governance characteristics will be investigated.

共同研究実施実績 【 表示 / 非表示

  • Foreign Exchange Forecasting,2016/12 ~ 2018/03,Sumitomo Mitsui Asset Management,国内共同研究

研究発表 【 表示 / 非表示

  • World Finance and Banking Symposium,国際会議,2023/12,Vilnius University, Vilnius, Lithuania,Corporate cash holdings, culture and international factors in Japan,口頭(一般),金融・ファイナンス,商学,経済統計

  • World Finance and Banking Symposium,国際会議,2023/12,Vilnius University, Vilnius, Lithuania,Discussant comments on "The Impact of Currency Carry Trade Activity on the Transmission of Monetary Policy" ,口頭(一般),金融・ファイナンス,商学,経済統計

  • 4th Conference on CSR, the Economy and Financial Markets,国際会議,2021/11,Online,Discussant presentation for the paper - "The Economic Consequences of Firms’ Commitment to ESG Policies",口頭(一般),金融・ファイナンス

  • World Finance Conference 2020,国際会議,2020/09,University of Malta,The Changing Role of Foreign Investors in Tokyo Stock Price Formation,口頭(一般)

 

担当授業科目 【 表示 / 非表示

  • 2024年度,秋学期,GBS303-1_F,GB 特別講義 3: 国境を越えずに国境を超える(AIU-HAN共同科目)

  • 2024年度,秋学期,IGS200-1_F,グローバル研究概論

  • 2024年度,秋学期,CPS490-7_F,総合セミナー: AILA IV

  • 2024年度,秋学期,ECN401-1_F,グローバル・ビジネス総合セミナー

  • 2024年度,秋学期,ECN301-1_F,金融理論と応用

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学外の社会活動 【 表示 / 非表示

  • Journal Topics Board (Topic Editors),2017/11 ~ 継続中

    Journal of Risk and Financial Management

  • Editorial Board,2017/11 ~ 継続中

    Annals of Financial Economics

  • Editorial Board,2017/11 ~ 継続中

    Advances in Decision Sciences

  • Editorial Board,2017/11 ~ 継続中

    Journal of Reviews on Global Economics

  • Editorial Advisory Board,2017/11 ~ 継続中

    Taiwan Journal of Applied Economics

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