Journal Articles
Sorwar, G.; Mozumder, S.; Dowd, Emeritus Professor, K. (2013), "Skewness Models for Option Pricing and Option Portfolio Approximation", Review of Quantitative Finance and Accounting, Vol.40, pp. 273292.
Sorwar, G.; Dowd, K. (2010), "Estimating Financial Risk Measures for Options", Journal of Banking and Finance, Vol.34, pp. 19821992.
Dowd, K.; Woods, M. (2009), "Pensions Risk", Financial Management (CIMA), Vol.February, pp. 4547.
Humphrey, C.; Woods, M.; Dowd, K. (2009), "Responding to a good crisis  challenging questions for bank auditors (1)", Financial Services Focus, ICAEW, London, May.
Humphrey, C.; Woods, M.; Dowd, K. (2009), "Responding to a good crisis  challenging questions for bank auditors (II)", Financial Services Focus, ICAEW, London, June.
Woods, M.; Dowd, K. (2009), "Financial Risk Management for Management Accountants", Society of Management Accountants Canada, American Institute of Certified Public Accountants and Chartered Institute of Management Accountants.
Woods, M.; Humphrey, C.; Dowd, K.; YuLin, L. (2009), "Crunch time for bank audits? Questions of practice and scope for dialogue", Managerial Auditing Journal.
Blake, D.; Cairnes, A.; Dowd, K. (2008), "The birth of the life market", AsiaPacific Journal of Risk and Insurance, forthcoming 2008.
Blake, D.; Dowd, K.; Cairnes, A. (2008), "Longevity Risk and the Grim Reaper's Toxic Tail: The Survivor Fan Charts", Insurance, Mathematics and Economics, forthcoming 2008.
Dowd, K. (2008), "Copulas in Macroeconomics", Journal of International and Global Economic Studies, forthcoming 2008.
Dowd, K. (2008), "The GDP Fan Charts An Empirical Evaluation", National Institute Economic Review, Vol.January, pp. 5967.
Dowd, K.; Bartlett, D.; Chaplin, M.; Kelliher, P.; O'Brien, C. (2008), "Risk management in the UK insurance industry the changing state of practice", International Journal of Financial Services Management, Vol.3 (1), pp. 523.
Dowd, K.; Cotter, J.; Humphrey, C.; Woods, M. (2008), "How unlucky is 25 sigma?", Journal of Portfolio Management, Vol.34(4), pp.7680.
Sorwar, G.; Dowd, K.; Cotter, J. (2008), "Spectral Risk Measure: Properties and Limitations", Journal of Financial Services Research, Vol.34, pp. 7175.
Woods, M.; Dowd, K.; Humphrey, C. (2008), "The Value of Risk Reporting: A Critical Analysis of ValueatRisk Disclosures in the Banking Sector", International Journal of Financial Services Management, Vol.8 (1), pp. 4564.
Blake, D.; Cairns, A.; Dowd, K. (2007), "The Impact of Occupation and Gender Differences on DefinedContribution Pension Plans", Geneva Papers on Risk and Insurance  Issues and Practice, forthcoming 2007.
Byrne, A.; Blake, D.; Cairnes, A.; Dowd, K. (2007), "Default Funds in UK Defined Contribution Pension Plans", Financial Analysts Journal, Vol.63 (4), pp. 4051.
Dowd, K. (2007), "The Pagan Report on Modelling and Forecasting at the Bank of England", Greek Economic Review, forthcoming 2007.
Dowd, K. (2007), "Temporal Dependence in MultiStep Density Forecasting Models", Journal of Risk Model Validation, Vol.1 (1), pp. 322.
Dowd, K. (2007), "Validating MultiplePeriod Density Forecasting Models", Journal of Forecasting, Vol.26 (4), pp. 251270.
Dowd, K. (2007), "Too Good to be True? The (In)credibility of the UK Inflation Fan Charts", Journal of Macroeconomics, Vol.29 (1), pp.91102.
Dowd, K. (2007), "Guest Editorial Journal of Risk Special Issue on Backtesting", Journal of Risk, Vol.9 (2), pp.vvi.
Dowd, K. (2007), "Backtesting the RPIX Inflation Fan Charts", Journal of Risk Model Validation, Vol.1 (3), pp. 119.
Dowd, K. (2007), "Risk Management vs. Statistics: Correlation Volatility and the Principle of Prudence", Financial Engineering News, Vol.53 (JanuaryFebruary), pp. 15, 20.
Dowd, K. (2007), "Probable Maximum Loss An Almost Ideal Risk Measure?", Financial Engineering News, Vol.54, MarchApril, http//www.fenews.com/fen54/riskreward/riskreward.htm.
Dowd, K.; Cotter, J. (2007), "Exponential Spectral Risk Measures", ICFAI Journal of Mergers and Acquisitions, Vol.5 (4), pp. 5766.
Aragones, J.; Blanco, C.; Dowd, K. (2006), "The Ghost at the Banquet Managing Model Risk", Futures and Options World.
Blake, D.; Cairnes, A.; Dowd, K.; MacMinn, R. (2006), "Longevity Bonds: Financial Engineering, Valuation and Hedging", Journal of Risk and Insurance, Vol.73 (4), pp. 647672.
Blake, D.; Cairns, A.; Dowd, K. (2006), "Living with Mortality: Longevity Bonds and Other MortalityLinked Securities", British Actuarial Journal, Vol.12 (1), pp. 153197.
Byrne, A.; Blake, D.; Cairns, A.; Dowd, K. (2006), "There's No Time Like the Present: The Cost of Delaying Retirement Saving", Financial Services Review, Vol.15, pp. 213231.
Cairns, A.; Blake, D.; Dowd, K. (2006), "Stochastic Lifestyling: Optimal Dynamic Asset Allocation for DefinedContribution Pension Plans", Journal of Economic Dynamics and Control, Vol.30, pp.843877.
Cairns, A.; Blake, D.; Dowd, K. (2006), "A TwoFactor Model for Stochastic Mortality with Parameter Uncertainty: Theory and Calibration", Journal of Risk and Insurance, Vol.73 (4), pp. 687718.
Cotter, J.; Dowd, K. (2006), "Extreme Spectral Risk Measures: An Application to Futures Clearinghouse Margin Requirements", Journal of Banking and Finance, Vol.30 (12), pp. 34693485.
Dowd, K. (2006), "Backtesting Risk Models within a Standard Normality Framework", Journal of Risk, Vol.9 (2), pp. 93111.
Dowd, K. (2006), "Using Order Statistics to Estimate Confidence Intervals for Probabilistic Risk Measures", Journal of Derivatives, Vol.14 (2), pp. 7781.
Dowd, K. (2006), "FOMC Macroeconomic Forecasts: A NonParametric Analysis", International Journal of Business, Vol.3 (2), pp. 18.
Dowd, K. (2006), "How to Become a Good Financial Engineer", Financial Engineering News, Vol.47 (JanuaryFebruary), 13, 16.
Dowd, K. (2006), "The Invisible Problem of Risk Blindness", Financial Engineering News, Vol.52 (NovemberDecember), pp. 27, 34.
Dowd, K. (2006), "Taking the LongTerm View", Financial Engineering News, Vol.51, pp. 27, 30.
Dowd, K. (2006), "The State of Risk Management", Financial Engineering News, Vol.48 (MarchApril), pp. 1718.
Dowd, K.; Blake, D. (2006), "After VaR: The Theory, Estimation, and Insurance Applications of Quantilebased Risk Measures", Journal of Risk and Insurance, Vol.73 (2), pp. 193228.
Dowd, K.; Blake, D.; Cairns, A. (2006), "The Grave Problem of Longevity Risk", Financial Engineering News, Vol.49 (SeptemberOctober), pp. 19, 30.
Dowd, K.; Blake, D.; Cairns, A.; Dawson, P. (2006), "Survivor Swaps", Journal of Risk and Insurance, Vol.73 (1), pp.117.
Dowd, K.; Cairnes, A.; Blake, D. (2006), "MortalityDependent Measures of Financial Risk", Insurance, Mathematics and Economics, Vol.38, pp. 427440.
Dowd, K.; Oliver, P. (2006), "Temporal Aggregation of GARCH Volatility Processes: A (Partial) Rehabilitation of the SquareRoot Rule", Journal of Accounting and Finance, Vol.5, pp. 5160.
Blake, D.; Cairns, A.; Cox, S.; Dawson, P.; Dowd, K.; MacMinn, R. (2005), "UK The Benefits of Longevity Bonds", Pensions, Vol.67 (February 2005), pp. 67.
Blanco, C.; Dowd, K.; Mark, R. (2005), "Russian Roulette", Futures and Options World, Vol.April 2005, pp. 45  48.
Blanco, C.; Dowd, K.; Mark, R. (2005), "Art or Science?", Futures and Options World, Vol.May 2005, pp. 5053.
Blanco, C.; Dowd, K.; Mark, R. (2005), "A Liquid Diet", Futures and Options World, Vol.June 2005, pp. 4346.
Cairns, A.; Blake, D.; Dawson, P.; Dowd, K. (2005), "Pricing Risk on Longevity Bonds", Life & Pensions, Vol.1 (2), pp. 4144.
Dowd, K. (2005), "Risk Management: Some Guidelines for Practitioners", Risk Management, Vol.6, pp. 3134.
Dowd, K. (2005), "Copulas and Coherence Portfolio Analysis in a NonNormal World", Journal of Portfolio Management, Vol.30 (Fall), pp. 123127.
Dowd, K. (2005), "Coherent Risk Measures", Financial Engineering News, Vol.41 (JanuaryFebruary), pp.910.
Dowd, K. (2005), "Estimating Risk Measures", Financial Engineering News, Vol.43 (MayJune 2005), pp. 13, 16.
Dowd, K. (2005), "Evaluating Copulas", Financial Engineering News, Vol.46 (NovemberDecember), pp. 7, 10.
Dowd, K. (2005), "Hedge Funds Losses, Credit Derivatives and Dr. Li's Copula", Financial Engineering News, Vol.46 (NovemberDecember), pp. 1, 4.
Dowd, K. (2005), "Everything You Need to Know About Backtesting", Financial Engineering News, Vol.48 (SeptemberOctober 2005), pp. 19, 22.
Dowd, K. (2005), "Distortion Risk Measures", Financial Engineering News, Vol.44 (JulyAugust 2005), pp. 7, 12, 14.
Dowd, K. (2005), "Spectral Risk Measures", Financial Engineering News, Vol.42 (MarchApril 2005), pp. 1112.
Dowd, K.; Blake, D.; Cairns, A. (2005), "PensionMetrics: Designing DefinedContribution Pension Schemes", Risk, Vol.18 (5), pp. 8182.
Dowd, K.; Blake, D.; Cairns, A. (2005), "Simulating DC Outcomes", Investment and Pensions Europe, Vol.October, p. 29.
Dowd, K.; Blanco, C.; Mark, R. (2005), "An Integrated Framework", Futures and Options World, Vol.February, pp.5055.
Dowd, K.; Blanco, C.; Mark, R. (2005), "Stress Test", Futures and Options World, Vol.March, pp.5862.
Kelliher, P.; Bartlett, D.; Chaplin, M.; Dowd, K.; O'Brien, C. (2005), "Liquidity Risk in Life Insurance", Actuary, Vol.June, pp. 2425.
Books
Dowd, K. (2005), Competition and Finance: A New Interpretation of Financial and Monetary Economics, (Chinese Language Edition), China Renmin University Press.
Dowd, K. (2005), Measuring Market Risk, (Second Edition), Chichester and New York, John Wiley and Sons.
Chapters in Books
Blake, D.; Dowd, K. (2008), "Life Securitization", in Melnick, E.; Everritt, B. (ed) The Encyclopedia of Quantitative Risk Assessment, Wiley, forthcoming 2008.
Dowd, K. (2008), "Model Risk", in Fabozzi, F. J. (ed) Handbook of Finance, Wiley, forthcoming 2008.
Dowd, K. (2008), "Backtesting Market Risk Models", in Fabozzi, F. J. (ed) Handbook of Finance, Wiley, forthcoming 2008.
Dowd, K. (2007), "A Momentbased Procedure for Evaluating Risk Forecasting Models", in Satchell, S. (ed) Analytics of Risk Model Validation, (Chapter 4), pp. 4559, Elsevier.
Blanco, C.; Mark, R.; Dowd, K.; Kremke, K. (2006), "Liquidity Risk Management and Management for Energy Firms", in Fusaro, P. (ed) The Professional Risk Manager's Guide to Energy and Environmental Markets Risk Management, pp. 135146, Wilmington DE. PRIMA Publications, Chapter 10.
Blanco, C.; Mark, R.; Dowd, K.; Murdoch, W. (2006), "Best Practices in Credit Risk Management for Energy and Commodity Derivatives", in Fusaro, P. (ed) The Professional Risk Manager's Guide to Energy and Environmental Markets Risk Management, pp. 8396, Wilmington DE, PRIMA Publications, Chapter 7.
Blanco, C.; Mark, R.; Dowd, K.; Murdoch, W. (2006), "Market Risk Measurement and Management for Energy Firms", in Fusaro, P. (ed) The Professional Risk Manager's Guide to Energy and Environmental Markets Risk Management, pp. 6282, Wilmington DE, PRIMA Publications, Chapter 6.
Dowd, K. (2006), "Forecasting Inflation: The Inflation 'Fan Charts", in Issues in Monetary Policy: The Relationship Between Money and Financial Markets, pp. 8093, Chichester, John Wiley & Sons.
Dowd, K. (2006), "Retrospective Assessment of ValueatRisk", in Risk Management: A Modern Perspective, pp. 183202, San Diego, Elsevier.
Conferences
Humphrey, C.; Woods, M.; Dowd, K. 2009, "See and be seen", at Financial Services Focus, ICAEW, London, June.
Humphrey, C.; Woods, M.; Dowd, K. 2009, "Greater visibility (II)", at Financial Services Focus, ICAEW, London, July/August.
Discussion Papers
Cairnes, A.; Blake, D.; Dowd, K.; Coughlan, G.; Epstein, D.; Ong, A.; Balevich, I. 2007, "A Quantitative Comparison of Stochastic Mortality Models Using Data from England & Wales and the United States", Pensions Institute Discussion Paper.
Cairns, A.; Blake, D.; Dowd, K. 2006, "Pricing Death Frameworks for the Valuation and Securitization of Mortality Risk", CRIS Discussion Paper.
Dowd, K. 2006, "Too Good to be True? The (In)credibility of the UK Inflation Fan Charts", CRIS Discussion Paper.
Dowd, K.; Blake, D. 2006, "After VaR The Theory, Estimation, and Insurance Applications of Quantile Based Risk Measures", CRIS Discussion Paper.
Cairns, A.; Blake, D.; Dowd, K. 2005, "MortalityDependent Financial Risk Measures", CRIS Discussion Paper.
Cairns, A.; Blake, D.; Dowd, K. 2005, "A TwoFactor Model for Stochastic Mortality with Parameter Uncertainty", CRIS Discussion Paper.
Cotter, J.; Dowd, K. 2005, "Extreme Spectral Risk Measures An Application to Futures Clearinghouse Margin Requirements", CRIS Discussion Paper.
Dowd, K. 2005, "A Momentbased Procedure for Evaluating Risk Forecasting Models", CRIS Discussion Paper.
Dowd, K. 2005, "Validating multipleperiod density forecasting models", CRIS Discussion Paper.
Kelliher, P.; Bartlett, D.; Chaplin, M.; Dowd, K.; O'Brien, C. 2005, "Liquidity management in UK life assurance a discussion paper", Report of the Faculty and Institute of Actuaries Working Paper on Risk Management in UK Life Assurers.
Reports for external body
Bartlett, D.; Chaplin, M.; Dowd, K.; Kelliher, P.; O'Brien, C. 2005, "Risk Management by UK Life Assurers: A Survey", in Report for the Faculty and Institute of Actuaries Working Party on Risk Management in UK Life Assurers.
