Martin K. Hess Assistant Professor in Finance Ph.D., Economics, University of Bern, Switzerland, 2000. M.Sc., Economics and Business Administration, University of Bern, Switzerland, 1994.

Actual Position

Research Interests

Portfolio and Risk Management, Pricing of Financial Assets, Applied Econometrics, Financial Forecasting, Relationship between Real Activity and Financial Markets, International Finance. 

Current Projects

Financial Development and Stock Returns, A Discrete State Stock Market Efficiency Test, Improving Technical Stock Market Forecasts with Neural Networks.

Representative Publications

"Financial Development and Stock Returns: A Cross Country Analysis", 2005, Journal of International Money & Finance, forthcoming (with Harris Dellas).

"Dynamic and Asymmetric Impacts of Macroeconomic Fundamentals on an Integrated Stock Market", 2004, Journal of International Financial Markets, Institutions & Money, forthcoming.

"What Drives Markov Regime Switching Behavior of Stock Markets?", 2003, International Review of Financial Analysis, 12(5), 527-543.

"Financial Development and the Sensitivity of Stock Markets to External Influences", 2002, Review of International Economics, 10(3), 525-538 (with Harris Dellas).

The Determinants and the Forecastability of Swiss Stock Prices, 2001, Studienzentrum Gerzensee, Bern. ISBN 3-9520416-5-3.

Contact

División Académica de Administración 
Av. Camino a Santa Teresa 930 
Col. Héroes de Padierna
Del. Magdalena Contreras 
C.P. 10700 México, D.F. 
MÉXICO

email: mhess@itam.mx

phone: ++52 (55) 56 28 40 00 ext. 6525

fax: ++52 (55) 54 90 46 65

(c) last revision 11/2003