Pavol Povala

Lecturer in Economics and Finance

Department of Economics, Mathematics and Statistics
Birkbeck, University of London
United Kingdom
Phone: +44x(0)x207x631x6486


Curriculum Vitae


Published and forthcoming papers:  
  1. Information in the term structure of yield curve volatility (2014), with A. Cieslak, Journal of Finance, forthcoming
Working papers
  1. Nominal term spread, real rate and consumption growth (2014), with A. Cieslak
  2. Expecting the Fed (2014), with A. Cieslak 
  3. Expected Returns in Treasury Bonds (2013), with A. Cieslak,    Online appendix  R&R

Conference discussions
  1. Interest rate spillovers during quantitative easing by Marcello Pericoli, Workshop on Advances in Fixed Income Modelling 2014, Madrid
  2. The Economics of Options-Implied Inflation Probability Density Functions by Kitsul and Wright, EFA 2012, Copenhagen, (slides)
  3. Monetary Policy Shocks and Stock Returns: Identification Through Impossible Trinity by  Ozdagli and  Yu, EFA 2012, Copenhagen, (slides)
  4. Term Structure of Credit Default Swap Spreads and Cross-Section of Stock Returns by  Han and  Zhou, EFA 2011, Stockholm, (slides)
  5. A Multi-Country Term Structure Model with Unspanned Risks by Bauer and Diez de los Rios, Workshop on Advances in Fixed Income Modeling 2011, Madrid
  6. Transaction Costs, Trading Volume, and the Liquidity Premium by Muhle-Karbe, Gerhold, Guasoni and Schachermeyer, FinRisk Research Day 2011, Gerzensee, (slides)
  7. Exploring the Performance of Government Debt Issuance by  Eisl,  Elendner and  Pichler, European Winter Finance Summit 2010, (slides)


  1. Financial Markets, Birkbeck, Spring 2015
  2. Forecasting Economic and Financial Time Series, Birkbeck, Spring 2014 and 2015
  3. Monetary Economics,  Birkbeck, Spring 2014
  4. Corporate Finance, Birkbeck, Summer and Autumn 2014
  5. Financial Econometrics, USI Lugano, 2010-2011