Lee Smales

Dr, BSc (Hons), MSc, MBA, PhD, CFA

  • The University of Western Australia (M250), 35 Stirling Highway,

    6009 Perth

    Australia

  • 237 Citations
  • 9 h-Index
20112019
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Personal profile

Biography

Lee joined UWA in 2018 as an Associate Professor (Finance) within the Accounting & Finance discipline. Previously, Lee has held appointments at Curtin University, Curtin Graduate School of Business, and University of New South Wales (where he completed his PhD in finance). Lee is also a Chartered Financial Analyst (CFA) Charterholder.

Prior to his academic career, Lee spent 8-years trading foreign-exchange and interest rate derivatives with Citigroup. His research interests are closely aligned with this prior career and focus on financial markets, particularly the market response to news-events and the impact of prevailing sentiment and microstructure on this reaction.

Lee has published in a number of leading journals including the Journal of Banking & Finance, Journal of Financial Research, International Review of Finance, Pacific-Basin Finance Journal, International Review of Financial Analysis, and the Journal of International Financial Markets, Institutions, and Money. Lee has also provided expert commentary to TV, radio, and print media in addition to opinion pieces for The Conversation.

Research

  • Financial markets
  • Investments 
  • Market microstructure
  • Behavioural finance
  • News sentiment
  • Political risk
  • Safe-havens
  • Commodity markets

Current projects

  • Spreading the fear: Contagion of the investor fear index among G7 countries
  • Gold and geopolitical risk (with D. Baur, UWA, Australia)
  • How does investor sentiment shape the liquidity response to monetary policy announcements in precious metal markets? (with B. Lucey, Trinity College Dublin, Ireland)
  • Do item writing best practices improve multiple choice questions for University students? (with F. Bertoni, Emlyon, France; B. Trent, CFA Institute, USA; and G VdeVenter, UTS, Australia)

Education/Academic qualification

Finance, PhD, UNSW Australia

20102013

Business Administration, MBA, UNSW Australia

20082009

International Banking & Financial Studies, MSc, University of Southampton

19992000

Mathematics, Operational Research, Statistics & Economics, BSc (Hons), University of Warwick

19951998

External positions

Associate Professor, Curtin University of Technology

20172018

Exam Development Consultant, Chartered Financial Analyst (CFA) Institute

2016 → …

Senior Lecturer, Curtin University of Technology

20132016

Associate Lecturer, UNSW Australia

20102012

Vice President, Citigroup

20002007

Keywords

  • Finance and Business
  • Financial Markets
  • Behavioural finance
  • Market Microstructure
  • Investments
  • Macroeconomics
  • Event studies
  • Sentiment
  • Financial economics
  • Futures markets
  • Political risk
  • Commodity Markets

Fingerprint Fingerprint is based on mining the text of the person's scientific documents to create an index of weighted terms, which defines the key subjects of each individual researcher.

  • 9 Similar Profiles
News Business & Economics
Sentiment Business & Economics
Financial markets Business & Economics
Monetary policy Business & Economics
Announcement Business & Economics
Futures markets Business & Economics
Investors Business & Economics
Market returns Business & Economics

Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Research Output 2011 2019

  • 237 Citations
  • 9 h-Index
  • 40 Article
4 Citations (Scopus)

Bitcoin as a safe haven: Is it even worth considering?

Smales, L. A., 2019, (Accepted/In press) In : Finance Research Letters.

Research output: Contribution to journalArticle

Safe haven
Assets
Neglect
Market conditions
Investors
1 Citation (Scopus)
Monetary policy
Announcement
Liquidity provision
Futures markets
Liquidity
1 Citation (Scopus)
Monetary policy
Announcement
Investor sentiment
Liquidity
Metals

Trading Behavior and Monetary Policy News

Smales, L. A., Dec 2018, In : Journal of Behavioral Finance. 19, 4, p. 365-380 16 p.

Research output: Contribution to journalArticle

Monetary policy
News
Trading behavior
Datasets
Broker

A game theory model of regulatory response to insider trading

Smales, L. A. & Thul, M., 16 Apr 2017, In : Applied Economics Letters. 24, 7, p. 448-455 8 p.

Research output: Contribution to journalArticle

Game theory
Insider trading
Penalty
Regulatory regime
Monte Carlo simulation

Activities 2012 2018

  • 22 Publication peer-review
  • 1 Membership of professional association

Journal of Macroeconomics (Journal)

Lee Smales (Reviewer)
2018 → …

Activity: Editorial work or peer review of publicationsPublication peer-review

Energy Economics (Journal)

Lee Smales (Reviewer)
2018 → …

Activity: Editorial work or peer review of publicationsPublication peer-review

Australian Journal of Management (Journal)

Lee Smales (Reviewer)
2017 → …

Activity: Editorial work or peer review of publicationsPublication peer-review

Quarterly Review of Economics and Finance (Journal)

Lee Smales (Reviewer)
2017 → …

Activity: Editorial work or peer review of publicationsPublication peer-review

The Journal of Behavioral Finance (Journal)

Lee Smales (Reviewer)
2017 → …

Activity: Editorial work or peer review of publicationsPublication peer-review

Press / Media

Article in The Conversation

Lee Smales

10/12/18

1 media contribution

Press/Media: Press / Media

The West Australian: Defensive assets could well be tested

Lee Smales

10/09/18

1 media contribution

Press/Media: Press / Media

Radio Interview with Business News

Lee Smales

8/08/18

1 media contribution

Press/Media: Press / Media

Articles written for The Conversation

Lee Smales

23/07/1512/07/18

18 media contributions

Press/Media: Press / Media