World's Best Scientists 2026 revealed!

D-Index & Metrics

Economics and Finance

D-Index
32
Citations
3914
World Ranking
3476
National Ranking
392

Overview

David G. McMillan is affiliated with the University of Stirling in the United Kingdom and conducts research primarily in the broad field of Economics, Econometrics and Finance. Their work spans several subfields, including Economics and Econometrics, Finance, General Economics, Econometrics and Finance, Management Science and Operations Research, and Accounting.

The research topics covered in their publications reflect a focus on Market Dynamics and Volatility, Financial Markets and Investment Strategies, Monetary Policy and Economic Impact, Financial Risk and Volatility Modeling, Complex Systems and Time Series Analysis, Corporate Finance and Governance, and Stock Market Forecasting Methods.

Frequent collaborators in their research include:

  • Dimos Kambouroudis
  • Salem Adel Ziadat
  • Mohammed Elgammal
  • Maher Khasawneh
  • Abdel Razzaq Al Rababa'a

David G. McMillan's research outputs appear extensively in several academic venues. The most frequent publication venues are:

  • SSRN Electronic Journal
  • European Journal of Finance
  • Studies in Economics and Finance
  • Research in International Business and Finance
  • Resources Policy

Representative recent papers authored or co-authored by David G. McMillan include:

  • "Updating the Balanced Scorecard for Triple Bottom Line Strategies," 2020, published in SSRN Electronic Journal
  • "Significance, relevance and explainability in the machine learning age: an econometrics and financial data science perspective," 2020, published in European Journal of Finance
  • "Oil shocks and equity returns during bull and bear markets: The case of oil importing and exporting nations," 2021, published in Resources Policy
  • "The role of oil as a determinant of stock market interdependence: The case of the USA and GCC," 2021, published in Energy Economics
  • "Inter- and intra-regional stock market relations for the GCC bloc," 2020, published in Research in International Business and Finance

Best Publications

  • Forecasting UK stock market volatility

    David McMillan;Alan Speight;Owain Apgwilym

  • Non-linear predictability of UK stock market returns

    David McMillan

  • Nonlinear predictability of stock market returns: Evidence from nonparametric and threshold models

    David G McMillan

  • Return and volatility spillovers in three euro exchange rates

    David G. McMillan;Alan E.H. Speight

  • Forecasting Stock Return Volatility: A Comparison of GARCH, Implied Volatility, and Realized Volatility Models

    Dimos S. Kambouroudis;David G. McMillan;Katerina Tsakou

  • Non-linear predictability in stock and bond returns: when and where is it exploitable?

    Massimo Guidolin;Stuart Hyde;David McMillan;Sadayuki Ono

  • Do firm sizes and profit rates converge? Evidence on Gibrat's Law and the persistence of profits in the long run

    John Goddard;David McMillan;John O. S. Wilson

  • Daily volatility forecasts: reassessing the performance of GARCH models

    David G. McMillan;Alan E. H. Speight

  • Long run trends and volatility spillovers in daily exchange rates

    Angela J. Black;David G. McMillan

  • Pecking order and market timing theory in emerging markets: The case of Egyptian firms

    Alessandra Allini;Soliman Rakha;David G. McMillan;Adele Caldarelli

  • Research on 'Responsible Investment': An Influential Literature Analysis Comprising a Rating, Characterisation, Categorisation and Investigation

    Andreas G. F. Hoepner;David G. McMillan

  • Non-linear forecasting of stock returns: Does volume help?

    David G. McMillan

  • Dynamic capital structure adjustment: US MNCs & DCs

    David G. McMillan;Omar Camara

  • The intraday relationship between volume and volatility in LIFFE futures markets

    Owain Ap Gwilym;David McMillan;Alan Speight

  • Bubbles in the dividend–price ratio? Evidence from an asymmetric exponential smooth-transition model

    David G. McMillan

  • Non-linear dynamics in international stock market returns

    David G. McMillan

  • Are RiskMetrics forecasts good enough? Evidence from 31 stock markets

    David G. McMillan;Dimos Kambouroudis

  • Insider trading and stock prices

    Manouchehr Tavakoli;David McMillan;Phillip J. McKnight

  • Volatility persistence, long memory and time-varying unconditional mean: Evidence from 10 equity indices

    David G. McMillan;Isabel Ruiz

  • Non-ferrous metals price volatility: a component analysis

    David G McMillan;Alan E.H Speight

  • Realised hedge ratio properties, performance and implications for risk management: evidence from the spanish ibex 35 spot and futures markets

    David G. McMillan;Raquel Quiroga García

Frequent Co-Authors

Mark E. Wohar
Mark E. Wohar University of Nebraska at Omaha
Massimo Guidolin
Massimo Guidolin Bocconi University
John O. S. Wilson
John O. S. Wilson University of St Andrews
John Goddard
John Goddard Bangor University
Chris Brooks
Chris Brooks University of Reading
Aviral Kumar Tiwari
Aviral Kumar Tiwari Indian Institute of Management Bodh Gaya
Wing-Keung Wong
Wing-Keung Wong Asian University
Barbara Casu
Barbara Casu City, University of London
Shouyang Wang
Shouyang Wang Chinese Academy of Sciences
Robert S. Kaplan
Robert S. Kaplan Harvard University

If you think any of the details on this page are incorrect, let us know.

Report an issue

We appreciate your kind effort to assist us to improve this page, it would be helpful providing us with as much detail as possible in the text box below:

Related Online Degrees & Career Pathways

Exploring an education in Economics and Finance opens doors to a variety of online graduate programs and career pathways. Many students expand their expertise by pursuing a best online master's for teaching or specializing in data analytics, which is highly valued in finance roles.

For those interested in shaping company culture and driving business change, a masters organizational leadership online can be a strategic next step. These programs help develop leadership, management, and decision-making skills necessary for senior-level positions.

If you’re aiming for a broad-based foundation, learning how to get a business degree online offers flexibility and access to key business competencies, from finance to marketing.

Lastly, an mba program online—often without the need for GMAT or GRE—can accelerate your career trajectory in banking, consulting, or entrepreneurship. These online paths allow learners to balance work, study, and life while advancing their prospects in economics and finance.

Best Scientists Citing David G. McMillan

Trending Scientists

Recently Published Articles