Current Position

Associate Professor.

ICAE and Department of Economic Analysis.

Facultad de Económicas y Empresariales (School of Economics and Business)

Campus de Somosaguas, Pozuelo de Alarcón

Madrid, 28223, Spain















Juan-Angel Jimenez-Martin (PhD) is Associate Professor of Econometrics, Financial Econometrics, and Risk Management at the Universidad Complutense de Madrid, Spain. He performed as a visiting scholar in the Department of Economics of prestigious universities: George Washington Univ. (2005, 2006); National Yokohama Univ. (2008); National Chung Hsing Univ. (2009); U. of California, Riverside (2011); Univ. of Padua (2018). That has allowed him to build lasting bonds with international researchers such as M. Caporin, R. Casarin, C. Chang, E. Maasoumi or M. McAleer.


He has published in international refereed journals such as Journal of Econometrics, Mathematics and Computers in Simulation, International Review of Economics and Finance, The North American Journal of Economics and Finance, Journal of Economic Surveys, Journal of Forecasting and Economic Modelling, among others. Professor Jimenez-Martin holds a PhD in Economics from the Complutense University with an emphasis in Econometrics and International Finance.


He is currently a member of the Editorial Board of Advances in Decision Sciences and Annals of Financial Economics. He has taught numerous undergraduate and Master courses including Econometrics, Risk Management, Risk Measurement, Intenational Finance and Advanced Econometrics.




2003 PhD in Economics. Universidad Complutense de Madrid.

1993 BA in Economics. Universidad Complutense de Madrid.


Artículos/Journal Articles


  • (2022) Carbon Dioxide Risk Exposure: Co2Risk, Climate Risk Management, Volume 36, 100435 (With L. Garcia-Jorcano and D. Robles Fernandez). JCR = 4.090 (2020). New!!!! 
  • (2021) Measuring systemic risk during the COVID-19 period: A TALIS3 approach, Finance Research Letters, link to the paper (With M. Caporin and L. Garcia-Jorcano). JCR = 5.596 (2020).
  • (2021) TrAffic LIght System for Systemic Stress: TALIS3North American Journal of Economics and Finance, Volume 57July 2021, link to the paper. (With M. Caporin adn L. Garcia-Jorcano). JCR = 2.772 (2020)
  • (2019) Choosing expected shortfall over VaR in Basel III using stochastic dominance, International Review of Economics and Finance, 60, 95-113, (With C. Chang, E. Maasoumi, M. McAleer and T. Perez-Amaral). JCR = 1.318 (2017)
  • (2018) "Revisiting the guns vs butter dilemma. Was Spain different in the implementation of public policies? Defence, growth and education", Policy Studies,  (with José Jurado-Sánchez). DOI:  JCR = 0.714 (2017)
  • (2018)  Traffic Lights for Systemic Risk Detection, Book of short Papers SIS 2018. Ed. Abbruzzo, Brentari, Chiodi e Piacentino, Pearson. (with Caporin, Garcia-Jorcano) Forthcoming
  • (2015)  "A Stochastic Dominance Approach to Financial Risk Management Strategies", Journal of Econometrics, 187(2), pp. 472-485. (JCR-2014 = 1.60) (with Chialin Chang,  Esfandiar Maasoumi and Tedosio Perez Amaral).

  • (2014) "Currency hedging strategies in strategic benchmarks and the global and Euro sovereign financial crises", Journal of International Financial Markets, Institutions and Money, 31, 159–177, (With M. Caporin and L. Gonzalez-Serrano). JCR = xxx (201?)

  • (2013) "Currency hedging strategies using dynamic multivariate GARCH", Mathematics and Computer in Simulation, 94, 159-163, (With C. Chang and L. Gonzalez-Serrano). JCR = 0.836 (2012)

 Documentos de Trabajo/Working Papers


  • (2010). Toolbox for Econometrics I and II (Caja de Herramientas de Econometría I y II), Cersa Publishers, Madrid, Spain. ISBN: 978-84-693-4414-9.

  • (2004). Stochastic Equilibrium Models of Exchange Rate (Los Modelos de Equilibrio General Estocástico y el Tipo de Cambio), dissertation supervised by Professor Rafael Flores de Frutos,Complutense University Press, ISBN: 84-669-2261-X

Traducción de Libros/Books Translation

  • (2006) Introducción a la Microeconomía, chapters 1-4. ISBN 84-291-2631-7 (With S. Benito, E. Fernández, R. Pérez, and J. Ruiz). English version: Microeconomics (2006), P. Krugman and R. Wells, Worth Publishers, New York and Basingstoke. ISBN:0716752298

Trabajo en Proceso/Work in Progress

  • "The European Spirit and Macroeconomic uncertainty and exchange rate risk premium"

  • "Public Investment, Economic Performance and Budgetary Consolidation: Evidence for the Latino American Countries" (with Alfredo M. Pereira)

Proyectos de Investigación/Research Projects

  • Fiscal and Monetary Policy: i) theoretical analysis and ii) effects on financial markets, project DGICYT SEJ2006-14354/ECON Financed by DGICYT, Spanish Minister of Education and Science.Project director: Alfonso Novales Cinca, 2007-2010.

  • Labor Panorama 2005-2008, Financed by Community of Madrid. Project director: Victoriano Martín.

  • Risk Analysis in Bond Markets: Empirical Evidence and Theoretical Characterization, project: BEC2003-03965 (Análisis Del Riesgo en Mercados de Renta Fija: Evidencia Empírica Y Caracterización Teórica), Financed by DGICYT, Spanish Minister of Education and Science. Project director: Alfonso Novales Cinca.

  • Risk Analysis in Bond Markets: Empirical Evidence, Project PR1 / 03, financed by Complutense University of Madrid. Project director: Alfonso Novales Cinca, 2003


Áreas de Interés/Research Interests

International Finance.


Time Series


Asignaturas Impartidas/Teaching


Risk measurement

International Capital Markets




Información Adicional/ Additional Information

We are raising funds for OXFAM-Intermón. Supporters are welcome.

I used to live in "Pasarilla del Rebollar", (Avila)