Nottingham University Business School
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Dr Thanaset Chevapatrakul

BA (Chulalongkorn, Thailand), MSc (Nottingham), PhD (Nottingham), CFA (The CFA Institute), FRM (The Global Association of Risk Professionals)
Associate Professor in Finance

Division: Finance, Risk and Banking
Tel: +44 (0) 115 8232490
Location: B37 (South Building, Jubilee Campus)

Dr. Thanaset Chevapatrakul joined Nottingham University Business School in 2013. Prior to the appointment, he was a Lecturer in Economics at Loughborough University. He also taught at University of Leicester. His research focuses on return forecasting as well as the relationship between financial markets and macroeconomic conditions. He has published in Journal of Money, Credit and Banking, Journal of Banking and Finance, Economics Letters and Journal of Forecasting.

Research Interests
Financial Econometrics; Forecasting; Monetary Policy; Financial Markets

Administrative Roles
Director of MSc Finance & Investment
Database Subscriptions Co-ordinator
I am module convenor of the following modules:


Financial Markets (N13302)


Computational Finance (N14209)
Finance & Investment Dissertation (N14031)

Details of all modules can be found on MyNottingham

I am currently supervising the following Research Students:

Vu Hong Thach Nguyen
Yang Su

Publications from 2005 to the present day

Journal Articles

Chevapatrakul, T.; Xu, Z.; Li, X. (2019), "Return asymmetry and the cross section of stock returns", Journal of International Money and Finance, Vol.97, 93-110.

Chevapatrakul, T.; Xu, Z.; Yao, K. (2019), "The impact of tail risk on stock market returns: The role of market sentiment", International Review of Economics and Finance, Vol.59, pp. 289-301.

Chevapatrakul, T.; Mascia D.V. (2018), "Detecting overreaction in the Bitcoin market: A quantile autoregression approach", Finance Research Letters, forthcoming 2018.

Mateut, S.; Chevapatrakul, T. (2018), "Customer financing, bargaining power and trade credit uptake", International Review of Financial Analysis, Vol.59, 147-162.

Chevapatrakul, T. (2015), "Monetary Environments and Stock Returns: International Evidence based on the Quantile Regression Technique", International Review of Financial Analysis, Vol.38, pp. 83-108.

Chevapatrakul, T. (2014), "Monetary Environments and Stock Returns Revisited: A Quantile Regression Approach", Economics Letters, Vol.123 (2), pp. 122-126.

Chevapatrakul, T.; Tee, K.H. (2014), "The effects of news events on market contagion: Evidence from the 2007-2009 Financial Crisis", Research in International Business and Finance, Vol.32, pp. 83-105.

Chevapatrakul, T. (2013), "Return sign forecasts based on conditional risk: Evidence from the UK stock market index", Journal of Banking and Finance, Vol.37 (7), pp. 2342-2353.

Chevapatrakul, T.; Paez-Farrell, J. (2013), "Monetary policy reaction functions in small open economies: A quantile regression approach", The Manchester School, Vol.82 (2), pp. 237-256, DOI: 10.1111/manc.12014.

Chevapatrakul, T.; Paez-Farrell, J. (2013), "What determines the sacrifice ratio? A quantile regression approach", Economics Bulletin, Vol.33 (3), pp. 1863-1874.

Chevapatrakul, T.; Kim, T.; Mizen, P.D. (2012), "Monetary information and monetary policy decisions: Evidence from the Euroarea and the UK", Journal of Macroeconomics, Vol.34 (2), pp. 326-341.

Chevapatrakul, T.; Kim, T.; Mizen, P.D. (2009), "The Taylor principle and monetary policy approaching a zero bound on nominal rates: Quantile regression results for the United States and Japan", Journal of Money, Credit and Banking, Vol.41 (8), pp. 1705-1723.

Chevapatrakul, T.; Kim, T.; Mizen, P.D. (2008), "Forecasting changes in UK interest rates", Journal of Forecasting, Vol.27 (1), pp. 53-74.



Nottingham University Business School

Jubilee Campus

telephone: +44 (0) 115 846 6602
fax: +44 (0) 115 846 6667