Email
kdunbar@wpi.edu
Education
PhD Financial Economics, Fordham University
MS Mathematics, Fairfield University
MBA Economics and Finance, Sacred Heart University
BS Economics, University of the West Indies

Dr. Dunbar is currently a tenured Associate Professor of Finance at WPI. In addition to his extensive experience in teaching and research, he has a wealth of industry experience working with several fortune 500 companies in various capacities.

Professor Dunbar's research has appeared in leading economics and finance journals such as Quantitative Finance, Economic Modeling, International Review of Financial Analysis, and Research in International Business and Finance, amongst others. His research has received considerable attention via citations, and he regularly presents his work at leading international conferences and writes media pieces. His current research examines Blockchain assets for Social Good and Sustainability. His primary research focus is empirical asset pricing, and cryptocurrencies, with a focus on FinTech and futures markets. His transformational work has contributed to various areas in finance that focus on digital assets, financial technologies, and digital transformation from the perspectives of finance and economics

Research Interests
Asset pricing
Futures market
Economics and economic theory
Financial markets and institutions
Financial technologies
Decentralized finance (DeFi)
Impact of environmental, social, and government policy on investment
Cryptocurrency
Risk aversion and futures market hedging
Impact of decentralized finance (DeFi) market

Scholarly Work

Professor Dunbar's research focuses on asset pricing, futures markets, fin tech and the impact of environmental, social, and government policy on investment. Full list of publications in [SITE NAME]

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  • Full list of publications in Google Scholar
  • Full list of publications in Scopus
  • Full list of publications in Dimensions

    • Featured works:

    article: AUTHORS. (YEAR). TITLE AS LINK. JOURNAL, VOL(ISS),PG OR conference paper/presentation: AUTHORS. (YEAR, DATES). TITLE AS LINK. [Conference paper]. In EVENT TITLE. (PP). LOCATION.

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    Dunbar, K. (2021). Pricing the hedging factor in the cross-section of stock returns. The North American Journal of Economics and Finance, 56, 101376. https://doi.org/10.1016/j.najef.2021.101376

    Dunbar, K. (2022). Impact of the COVID-19 event on U.S. banks’ financial soundness. Research in International Business and Finance, 59, 101520. https://doi.org/10.1016/j.ribaf.2021.101520

    Dunbar, K., & Jiang, J. (2020). What do movements in financial traders’ net long positions reveal about aggregate stock returns? The North American Journal of Economics and Finance, 51, 100908. https://doi.org/10.1016/j.najef.2019.01.005

    Dunbar, K., & Owusu-Amoako, J. (2021). The impact of hedging on risk-averse agents’ output decisions. Economic Modelling, 104, 105638. https://doi.org/10.1016/j.econmod.2021.105638

    Dunbar, K., & Owusu-Amoako, J. (2022a). Cryptocurrency returns under empirical asset pricing. International Review of Financial Analysis, 82, 102216. https://doi.org/10.1016/j.irfa.2022.102216

    Dunbar, K., & Owusu-Amoako, J. (2022b). Hedging the extreme risk of cryptocurrency. The North American Journal of Economics and Finance, 63, 101813. https://doi.org/10.1016/j.najef.2022.101813

    Professional Affiliations
    American Finance Association (AFA)
    Eastern Finance Association (EFA)
    Financial Management Association (FMA)
    Sustainable Development Goals

    SDG 4: Quality Education

    SDG 4: Quality Education - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

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    Quality Education Goal

    SDG 7: Affordable and Clean Energy

    SDG 7: Affordable and Clean Energy - Ensure access to affordable, reliable, sustainable and modern energy for all

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    Affordable and Clean Energy Goal

    SDG 9: Industry, Innovation, and Infrastructure

    SDG 9: Industry, Innovation, and Infrastructure - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

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    Industry, Innovation, and Infrastructure Goal

    SDG 11: Sustainable Cities and Communities

    SDG 11: Sustainable Cities and Communities - Make cities and human settlements inclusive, safe, resilient and sustainable

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    Sustainable Cities and Communities Goal

    SDG 12: Responsible Consumption and Production

    SDG 12: Responsible Consumption and Production - Ensure sustainable consumption and production patterns

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    Responsible Consumption and Production Goal

    SDG 13: Climate Action

    SDG 13: Climate Action - Take urgent action to combat climate change and its impacts

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    Climate Action Goal