Professor Robert Brooks

Position Held

Associate Dean, RMIT Business

Employment

Apr 2003 – Aug 2003 Acting Pro-Vice Chancellor, RMIT Business
2000 – 2003 Associate Dean, Research, RMIT Business
1999 – 2000 Professor of Financial Econometrics, RMIT Business
1998 –2000 Director of Postgraduate programmes, Head Faculty Research Development Unit, RMIT Business
1997 – 1998 Associate Professor of Financial Econometrics Department of Economics and Finance, RMIT Business
1995 – 1997 Senior Lecturer, Department of Economics and Finance, RMIT Business
1991 –1994 Lecturer, Department of Economics and Finance, RMIT Business
1989 –1991 Tutor, Department of Economics, Monash University
1987 – 1989 Research Assistant, Department of Economics, Monash University

Graduate Students

PhD, DBA, completed (16) and in progress (11)
Masters, completed (2) and in progress (1).

Research Interests

Financial Economics; capital Markets; R&D and Innovation Policy

Selected Research Grants

ARC Discovery Grant, A Complex Systems Approach to Modelling Time Varying Risk in the Presence of Market Frictions, January 2003 to December 2005, 2003 - $40,000, 2004&2005 - $38,000 per annum.
ARC Linkage Grant, Valuations and Business Models for Biotechnology Companies, January 2003 to December 2005, 28,033 per annum.
ARC Linkage Grant, Censored Regression Techniques for Credit Scoring, January 2003 to December 2005, 28,033 per annum
ARC SPIRT Grant, The Development Of New Sub-Category Benchmark Indices On The Australian Stock Exchange, $25,756 per annum, January 1999 to December 2001.
ARC Small Grant, Revisions To Macroeconomic Data And Their News Content For Financial Markets, $15,000, January 1996 to December 1996.
ARC Small Grant, The Relationship Between Risk Instability And Changes In Markets Conditions, $14,000, January 1995 to December 1995.

Professional Activities

1994 – Accounting Association of Australia & New Zealand
1991 – Australasian Branch of the Econometric Society
1988 – Economic Society of Australia

Selected Publications

• Brooks, R. (2002), Econbase Downloads and the Ranking of Australian University Economics Research: A Comparative Study, Economic Papers 22, 21-29.
  
• Brooks, R. and Ragunathan, V. (2003), Returns and Volatility on the Chinese Stock Markets, Applied Financial Economics 13, 747-752.
  
• McKenzie, M and Brooks, R. (2003), The Role of Information in Hong Kong Individual Stock Futures Trading, Applied Financial Economics 13, 123-131.
  
• Brooks, R., Davidson, S. and Faff, R.W. (2002), Sudden Changes in Property Rights: The Case of Australian Native Title, Journal of Economic Behavior and organisation, forthcoming.
  
• Brooks, R., Faff, R., Fry, T. and Gunn, L. (2002), Censoring and its Impact on Beta Risk Estimation, Advances in Investment Analysis and Portfolio Management, forthcoming.
  
• Brooks, R., Faff, R.W., Fry, T. and Newton, E. (2002), The Selectivity Corrected Market Model and Heteroscedasticity in Stock Returns: Yet Another Look At Volume Versus Garch, Accounting Research Journal, forthcoming.
  
• Brooks, R., Faff, R.W., Fry, T. and Newton, E. (2002), Censoring and its Impact on Multivariate Testing of The Capital Asset Pricing Model, Applied Financial Economics, forthcoming.
  
• Brooks, R., Faff, R.W., Hillier, D. and Hillier, J. (2002), The National Market Impact of Sovereign Rating Changes, Journal of Banking and Finance, forthcoming.
  
• Dimovski, W. and Brooks, R. (2002), Stakeholders Representation on the Boards of Australian Initial Public Offerings, Applied Financial Economics, forthcoming.
  
• Dimovski, W. and Brooks, R. (2003), Do You Really Want to ask an Underwriter How Much Money You Should Leave on the Table, Journal of International Financial Markets, Institutions and Money, forthcoming.
  
• Dimovski, W. and Brooks, R. (2003), Financial Characteristics of Australian Initial Public Offerings from 1994 to 1999, Applied Financial Economics, forthcoming.
  
• Lai, E. Brooks, R. and Faff, R.W. (2002), Persistence and Predictability of Skewness in Country Equity Market Returns, Journal of Quantitative Economics, forthcoming.
  
• Sokulsky, D. Brooks, R. and Davidson, S. (2003), Time Varying Volatility and Beta Patterns of Sub-indexes on the Australian Stock Exchange, Accounting Research Journal, forthcoming.