Prof Robert Brooks - Researcher Profile

Biography

Robert Brooks is a professor in the Department of Econometrics and Business Statistics and Deputy Dean, Education in the Faculty of Business and Economics.

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Keywords

Financial econometrics, volatility modelling, credit ratings, asset pricing

Qualifications

DOCTOR OF PHILOSOPHY

Institution: Monash University

Year awarded: 1993

ECONOMICS, HONOURS

Institution: Monash University

Year awarded: 1989

Publications

Books

Brooks, R.D., Morley, C.L., Kam, B., Stewart, M., Diggle, J., Gangemi, M., 2003, Benefits of Road Investment to Assist Tourism, Austroads Incorporated, Sydney NSW Australia.

Brooks, R.D., Fausten, D.K., 1998, Macroeconomics in the Open Economy, Longman, Melbourne Vic Australia.

Book Chapters

Iqbal, J., Brooks, R., Galagedera, D., 2011, Testing the lower partial moment asset-pricing models in emerging markets, in Financial Econometrics Modeling: Market Microstructure, Factor Models and Financial Risk Measures, eds Greg N Gregoriou and Razvan Pascalau, Palgrave Macmillan, Basingstoke UK, pp. 154-175.

Booth, D., Brooks, R., 2011, Violence in the Australian Football League: Good or bad?, in Violence and Aggression in Sporting Contests: Economics, History and Policy, eds R Todd Jewell, Springer Science+Business Media, New York NY USA, pp. 133-151. View Publication

Lim, K., Brooks, R.D., 2010, Are emerging stock markets less efficient? A survey of empirical literature, in Emerging Markets: Performance, Analysis and Innovation, eds Greg N Gregoriou, CRC Press, Boca Raton FL USA, pp. 21-38.

Iqbal, J., Brooks, R.D., Galagedera, D.U.A., 2010, Asset pricing with higher-order co-moments and alternative factor models: The case of an emerging market, in Emerging Markets: Performance, Analysis and Innovation, eds Greg N Gregoriou, CRC Press, Boca Raton FL USA, pp. 509-531.

Woodward, G., Brooks, R.D., 2010, The market timing ability of Australian superannuation funds: Nonlinearities and smooth transition models, in The Risk Modeling Evaluation Handbook: Rethinking Financial Risk Management Methodologies in the Global Capital Markets, eds Greg N Gregoriou, Christian Hoppe and Carsten S Wehn, McGraw-Hill, USA, pp. 59-73.

Bissoondoyal-Bheenick, E., Brooks, R.D., 2010, Volatility asymmetry and leverage: Some U.S. evidence, in The Risk Modeling Evaluation Handbook: Rethinking Financial Risk Management Methodologies in the Global Capital Markets, eds Greg N Gregoriou, Christian Hoppe and Carsten S Wehn, McGraw-Hill, USA, pp. 115-123.

Dimovski, W., Brooks, R.D., 2007, Differences in underpricing returns between REIT IPOs and industrial company IPOs, in Advances in Quantitative Analysis of Finance and Accounting - Volume 5, eds Cheng-Few Lee, World Scientific, Singapore, pp. 215-225.

Brooks, R.D., Faff, R., Fry, T.R.L., Gunn, L.D., 2005, Censoring and its impact on beta risk estimation, in Advances in Investment Analysis and Portfolio Management (New Issue) Volume 1, eds Cheng F. Lee and Alice C. Lee, Center for Pacific Basin Business, Economics, and Finance Research, New Jersey, pp. 111-136.

Brooks, R.D., Merlot, E.S., 2005, Changing candidature approval processes: a review of the RMIT business panel review of candidature process, in Supervising postgraduate research: contexts and processes, theories and practices, eds Pam Green, RMIT University Press, Melbourne Vic Australia, pp. 178-201.

Boucher, C., Brooks, R.D., 2005, Changing times, changing research, changing degrees: supervising and managing the first PhD by project undertaken in a business faculty, in Supervising postgraduate research: contexts and processes, theories and practices, eds Pam Green, RMIT University Press, Melbourne Vic Australia, pp. 73-88. View Publication

Brooks, R.D., Faff, R.W., Fry, T.R.L., Maldonado-Rey, D., 2004, Alternative beta risk estimators in emerging markets: the Latin American case, in Latin American Financial Markets: Developments in Financial Innovations, eds H Arbelaez, R Click, Elsevier Ltd, Oxford UK, pp. 329-344.

Brooks, R.D., Sayers, R., 2002, Trends in printed matter exports, in The International Publishing Services Market: Emerging Markets for Books, from Creator to Consumer, eds Bill Cope and Christopher Ziguras, Common Ground, Altona Vic Australia, pp. 27-38.

Faff, R., Brooks, R.D., Tan, P.F., 2001, A test of a new dynamic CAPM, in Advances in Investment Analysis and Portfolio Management Volume 8, eds Cheng Few Lee, Elsevier Science, Oxford, pp. 133-159.

Journal Articles

Nurjannah, N., Galagedera, D.U.A., Brooks, R.D., 2012, Conditional relation between systematic risk and returns in the conventional and downside frameworks: Evidence from the Indonesian market, Journal of Emerging Market Finance [P], vol 11, issue 3, Sage Publications India Pvt Ltd, Delhi India, pp. 271-300. View Publication

Treepongkaruna, S., Brooks, R.D., Gray, S., 2012, Do trading hours affect volatility links in the foreign exchange market?, Australian Journal of Management [P], vol 37, issue 1, Sage Publications Ltd, London UK, pp. 7-27. View Publication

Brooks, R.D., Harris, M.N., Spencer, C., 2012, Inflated ordered outcomes, Economics Letters [P], vol 117, issue 3, Elsevier BV, Amsterdam Netherlands, pp. 683-686. View Publication

Booth, D.R., Brooks, R.D., Diamond, N.T., 2012, Player salaries and revenues in the Australian football league 2001-2009: Theory and evidence, The Economic and Labour Relations Review [P], vol 23, issue 2, Sage Publications Ltd, Sydney NSW Australia, pp. 39-54. View Publication

Nath, H.B., Kim, J., Brooks, R.D., 2012, Realized dual-betas for leading Australian stocks: An evaluation of the estimation methods and the effect of the sampling interval, Mathematics and Computers in Simulation [P], vol 83, Elsevier BV, Amsterdam Netherlands, pp. 10-22. View Publication

Booth, D.R., Brooks, R.D., Diamond, N.T., 2012, The declining player share of AFL clubs and league revenue, 2001-2009: Where has the money gone?, Labour and Industry [P], vol 22, issue 4, Taylor and Francis Australasia, Melbourne Vic Australia, pp. 433-445. View Publication

Mun, M., Brooks, R.D., 2012, The roles of news and volatility in stock market correlations during the global financial crisis, Emerging Markets Review [P], vol 13, issue 1, Elsevier BV, Amsterdam Netherlands, pp. 1-7. View Publication

Chan, K., Treepongkaruna, S., Brooks, R., Gray, S., 2011, Asset market linkages: Evidence from financial, commodity and real estate assets, Journal of Banking and Finance [P], vol 35, issue 6, Elsevier BV, Amsterdam Netherlands, pp. 1415-1426. View Publication

Brooks, R., 2011, CO2 emissions and economic growth: Structural breaks and market reforms in the case of China, The International Journal of Climate Change: Impacts and Responses [E], vol 2, issue 3, Common Ground Publishing, Altona Vic Australia, pp. 25-36.

Luo, W., Brooks, R., Silvapulle, P., 2011, Effects of the open policy on the dependence between the Chinese 'A' stock market and other equity markets: An industry sector perspective, Journal of International Financial Markets, Institutions and Money [P], vol 21, issue 1, Elsevier BV, Amsterdam Netherlands, pp. 49-74. View Publication

Bissoondoyal-Bheenick, E., Brooks, R., Hum, X., Treepongkaruna, S., 2011, Sovereign rating changes and realized volatility in Asian foreign exchange markets during the Asian crisis, Applied Financial Economics [P], vol 21, issue 13, Routledge, Abingdon UK, pp. 997-1003. View Publication

Masters, T., Russell, R., Brooks, R., 2011, The demand for creative arts in regional Victoria, Australia, Applied Economics [P], vol 43, issue 5, Routledge, Abingdon UK, pp. 619-629. View Publication

Lim, K., Brooks, R., 2011, The evolution of stock market efficiency over time: A survey of the empirical literature, Journal Of Economic Surveys [P], vol 25, issue 1, Wiley-Blackwell Publishing Ltd, Oxford UK, pp. 69-108. View Publication

Guo, H., Brooks, R., Fung, H., 2011, Underpricing of Chinese initial public offerings, The Chinese Economy [P], vol 44, issue 5, M E Sharpe Inc, Armonk NY USA, pp. 72-85. View Publication

Dimovski, W., Philavanh, S., Brooks, R., 2011, Underwriter reputation and underpricing: Evidence from the Australian IPO market, Review of Quantitative Finance and Accounting [P], vol 37, issue 4, Springer, Secaucus NJ USA, pp. 409-426. View Publication

Brooks, R., Di Iorio, A., Faff, R., Fry, T., Joymungul, Y., 2010, Asymmetry and time variation in exchange rate exposure: An investigation of Australian stocks returns, International Journal of Commerce and Management [P], vol 20, issue 4, Emerald Group Publishing Ltd, UK, pp. 276-295. View Publication

Guo, H., Brooks, R.D., Shami, R.G., 2010, Detecting hot and cold cycles using a Markov regime switching model-Evidence from the Chinese A-share IPO market, International Review of Economics and Finance [P], vol 19, issue 2, Elsevier BV, North-Holland, Netherlands, pp. 196-210. View Publication

Bissoondoyal-Bheenick, E., Brooks, R.D., 2010, Does volume help in predicting stock returns? An analysis of the Australian market, Research in International Business and Finance [P], vol 24, issue 2, JAI Press Inc, USA, pp. 146-157. View Publication

Iqbal, J., Brooks, R.D., Galagedera, D.U.A., 2010, Multivariate tests of asset pricing: Simulation evidence from an emerging market, Applied Financial Economics [P], vol 20, issue 5, Routledge, UK, pp. 381-395. View Publication

Iqbal, J., Brooks, R.D., Galagedera, D.U.A., 2010, Testing conditional asset pricing models: An emerging market perspective, Journal of International Money and Finance [P], vol 29, issue 5, Pergamon, UK, pp. 897-918. View Publication

Suntah, N., Brooks, R., 2010, The stock exchange of Mauritius: A study of segmentation versus integration at the regional and global level, African Journal of Accounting, Economics, Finance and Banking Research [P], vol 6, issue 6, Global Business Investments and Publications LLC, USA, pp. 32-41.

Nguyen, H., Dimovski, W., Brooks, R., 2010, Underpricing, risk management, hot issue and crowding out effects: Evidence from the Australian resources sector initial public offerings, Review of Pacific Basin Financial Markets and Policies [P], vol 13, issue 3, World Scientific Publishing Co Pte Ltd, Singapore, pp. 333-361. View Publication

Hill, P., Brooks, R.D., Faff, R., 2010, Variations in sovereign credit quality assessments across rating agencies, Journal of Banking and Finance [P], vol 34, issue 6, Elsevier BV, North-Holland, Netherlands, pp. 1327-1343. View Publication

Zhang, X., Brooks, R.D., King, M.L., 2009, A Bayesian approach to bandwidth selection for multivariate kernel regression with an application to state-price density estimation, Journal of Econometrics [P], vol 153, issue 1, Elsevier BV, North-Holland, Netherlands, pp. 21-32. View Publication

Brooks, R.D., Fry, T.R.L., Dimovski, W., Mihajilo, S., 2009, A duration analysis of the time from prospectus to listing for Australian initial public offerings, Applied Financial Economics [P], vol 19, issue 3, Routledge, United Kingdom, pp. 183-190. View Publication

Lim, K., Brooks, R.D., 2009, Are Chinese stock markets efficient? Further evidence from a battery of nonlinearity tests, Applied Financial Economics [P], vol 19, issue 2, Routledge, United Kingdom, pp. 147-155. View Publication

Brooks, R.D., Faff, R., Mulino, D., Scheelings, R., 2009, Deal or no deal, that is the question: The impact of increasing stakes and framing effects on decision-making under risk, International Review of Finance [P], vol 9, issue 1-2, Wiley-Blackwell Publishing Asia, Richmond Vic Australia, pp. 27-50. View Publication

Woodward, G., Brooks, R.D., 2009, Do realized betas exhibit up/down market tendencies?, International Review of Economics and Finance [P], vol 18, issue 3, Elsevier BV, North-Holland, The Netherlands, pp. 511-519. View Publication

Mulino, D., Scheelings, R., Brooks, R.D., Faff, R., 2009, Does risk aversion vary with decision-frame? An empirical test using recent game show data, Review of Behavioral Finance [P], vol 1, issue 1-2, John Wiley & Sons Ltd, UK, pp. 44-61. View Publication

Guo, H., Brooks, R.D., 2009, Duration of IPOs between offering and listing: Cox proportional hazard models-Evidence for Chinese A-share IPOs, International Review of Financial Analysis [P], vol 18, issue 5, Elsevier BV, North-Holland, Netherlands, pp. 239-249. View Publication

Brooks, R.D., Harris, E.M., Joymungul, Y., 2009, Market depth in an illiquid market: Applying the VNET concept to Victorian water markets, Applied Economics Letters [P], vol 16, issue 13, Routledge, UK, pp. 1361-1364. View Publication

Nandha, M.S., Brooks, R.D., 2009, Oil prices and transport sector returns: An international analysis, Review of Quantitative Finance and Accounting [P], vol 33, issue 4, Springer New York LLC, United States, pp. 393-409. View Publication

Lim, K., Brooks, R.D., 2009, On the validity of conventional statistical tests given evidence of nonsynchronous trading and nonlinear dynamics in returns generating process: A further note, Applied Economics Letters [P], vol 16, issue 6, Routledge, United Kingdom, pp. 649-652. View Publication

Lim, K., Brooks, R.D., 2009, Price limits and stock market efficiency: Evidence from rolling bicorrelation test statistic, Chaos, Solitons and Fractals [P], vol 40, issue 3, Pergamon, United Kingdom, pp. 1271-1276. View Publication

Brooks, R.D., Di lorio, A., Faff, R., Wang, Y., 2009, Testing the integration of the US and Chinese stock markets in a Fama-French framework, Journal of economic integration [P], vol 24, issue 3, Sejong University, Center for International Economics, Republic of Korea, pp. 435-454.

Lim, K., Brooks, R.D., 2009, Why do emerging stock markets experience more persistent price deviations from a random walk over time? A country-level analysis, Macroeconomic Dynamics [P], issue S1, Cambridge University Press, UK, pp. 1-39. View Publication

Brooks, R.D., Naylor, S., 2008, An ordered probit model of Morningstar individual stock ratings, Applied Financial Economics Letters, vol 4, issue 5, Routledge, UK, pp. 341-345.

Russell, R., Atchison, M., Brooks, R.D., 2008, Business plan competitions in tertiary institutions: Encouraging entrepreneurship education, Journal of Higher Education Policy and Management, vol 30, issue 2, Routledge, UK, pp. 123-138.

Jugurnath, B., Stewart, M., Brooks, R.D., 2008, Dividend taxation and corporate investment: A comparative study between the classical system and imputation system of dividend taxation in the United States and Australia, Review of Quantitative Finance and Accounting, vol 31, issue 2, Springer New York LLC, USA, pp. 209-224.

Brooks, R.D., Harris, E.M., 2008, Efficiency gains from water markets: Empirical analysis of Watermove in Australia, Agricultural Water Management, vol 95, issue 4, Elsevier BV, Netherlands, pp. 391-399.

Brooks, R.D., Maharaj, E.A., Pellegrini, B., 2008, Estimation and analysis of the Hurst exponent for Australian stocks using wavelet analysis, Applied Financial Economics Letters, vol 4, issue 1, Routledge, UK, pp. 41-44.

Lim, K.P., Brooks, R.D., Kim, J., 2008, Financial crisis and stock market efficiency: Empirical evidence from Asian countries, International Review of Financial Analysis, vol 17, issue 3, Elsevier BV, North-Holland, The Netherlands, pp. 571-591.

Lim, K., Brooks, R.D., Hinich, M.J., 2008, Nonlinear serial dependence and the weak-form efficiency of Asian emerging stock markets, Journal of International Financial Markets, Institutions and Money, vol 18, issue 5, Elsevier BV, North-Holland, Netherlands, pp. 527-544.

Galagedera, D.U.A., Maharaj, E.A., Brooks, R.D., 2008, Relationship between downside risk and return: New evidence through a multiscaling approach, Applied Financial Economics, vol 18, issue 20, Routledge, UK, pp. 1623-1633. View Publication

Vaz, J.J., Ariff, M., Brooks, R.D., 2008, The effect of interest rate changes on bank stock returns, Investment Management and Financial Innovations, vol 5, issue 4, Dilovi Perspektyvy, Ukraine, pp. 221-236.

Fry, T.R.L., Mihajilo, S., Russell, R., Brooks, R.D., 2008, The factors influencing saving in a matched savings program: Goals, knowledge of payment instruments, and other behavior, Journal of Family and Economic Issues, vol 29, issue 2, Springer New York LLC, USA, pp. 234-250.

Kutsuna, K., Dimovski, W., Brooks, R.D., 2008, The pricing and underwriting costs of Japanese REIT IPOs, Journal of Property Research, vol 25, issue 3, Routledge, United Kingdom, pp. 221-239.

Dimovski, W., Brooks, R.D., 2008, The underpricing of gold mining initial public offerings, Research in International Business and Finance, vol 22, issue 1, JAI Press Inc, USA, pp. 1-16. View Publication

Guo, H., Brooks, R.D., 2008, Underpricing of Chinese A-share IPOs and short-run underperformance under the approval system from 2001 to 2005, International Review of Financial Analysis, vol 17, issue 5, Elsevier BV, North-Holland, Netherlands, pp. 984-997.

Sokulsky, D.L., Brooks, R.D., Davidson, S., 2008, Untangling demand curves from information effects: Evidence from Australian index adjustments, Applied Financial Economics, vol 18, issue 8, Routledge, UK, pp. 605-616. View Publication

Loh, J.Y.C., Brooks, R.D., 2008, Valuing biotechnology companies: Does classification by technology type help?, Journal of Commercial Biotechnology, vol 14, issue 2, Palgrave Macmillan Ltd, UK, pp. 118-127.

Iqbal, J., Brooks, R.D., 2007, A test of CAPM on the Karachi Stock Exchange, International Journal of Business, vol 12, issue 4, Premier Publishing Inc, USA, pp. 429-444.

Iqbal, J., Brooks, R.D., 2007, Alternative beta risk estimators and asset pricing tests in emerging markets: The case of Pakistan, Journal of Multinational Financial Management, vol 17, issue 1, Elsevier BV, North-Holland, Netherlands, pp. 75-93.

Jugurnath, B., Stewart, M., Brooks, R.D., 2007, Asia/Pacific Regional Trade Agreements: An empirical study, Journal of Asian Economics, vol 18, issue 6, Elsevier, Netherlands, pp. 974-987.

Brooks, R.D., Zhang, X., Bissoondoyal-Bheenick, E., 2007, Country risk and the estimation of asset return distributions, Quantitative Finance, vol 7, issue 3, Routledge, UK, pp. 261-265.

Dimovski, W., Brooks, R.D., 2007, Factors influencing the direct costs of property trust IPOs, Pacific Rim Property Research Journal, vol 13, issue 1, Pacific Rim Real Estate Society, Australia, pp. 2-15.

Galagedera, D.U.A., Brooks, R.D., 2007, Is co-skewness a better measure of risk in the downside than downside beta?. Evidence in emerging market data, Journal of Multinational Financial Management, vol 17, issue 3, Elsevier BV, North-Holland, Netherlands, pp. 214-230.

Brooks, R.D., 2007, Power ARCH modelling of the volatility of emerging equity markets, Emerging Markets Review, vol 8, issue 2, Elsevier BV, North-Holland, Netherlands, pp. 124-133.

Dimovski, W., Brooks, R.D., van Eekelen, A., 2007, The costs of raising equity capital for closed-end fund IPOs, Applied Economics Letters, vol 3, issue 5, Routledge, UK, pp. 295-299.

Diggle, J., Brooks, R.D., 2007, The target cash rate and its impact on investment asset returns in Australia, Applied Financial Economics, vol 17, issue 8, Routledge, UK, pp. 615-633. View Publication

Brooks, R.D., Byrne, J., 2006, A citation analysis of ARC Discovery and Linkage grant investigators in economics and finance, Applied Economics Letters, vol 13, issue 3, Routledge, UK, pp. 141-146.

Jens, P., Brooks, R.D., Nicoletti, G., Russell, R., 2006, Capital raising by Australian biotechnology IPOs: underpricing, money left and proceeds raised, Accounting Research Journal, vol 19, issue 1, RMIT, Department of Economics and Finance, Melbourne Vic Australia, pp. 31-45.

Bissoondoyal-Bheenick, E., Brooks, R.D., Yip, A.Y.N., 2006, Determinants of sovereign ratings: A comparison of case-based reasoning and ordered probit approaches, Global Finance Journal, vol 17, issue 1, Elsevier BV, North-Holland, The Netherlands, pp. 136-154. View Publication

Dimovski, W., Brooks, R.D., 2006, Factors influencing money left on the table by property trust IPO issuers, Journal of Property Research, vol 23, issue 3, Routledge, UK, pp. 269-280.

Berman, G., Brooks, R.D., Murphy, J., 2006, Funding the non-profit welfare sector: Explaining changing funding sources 1960-1999, Economic Papers, vol 25, issue 1, Economic Society of Australia, St. Ives NSW Australia, pp. 83-99.

Dimovski, W., Brooks, R.D., 2006, Intangible assets and the underpricing of industrial company initial public offerings, The International Journal of Knowledge, Culture & Change Management, vol 6, issue 4, Common Ground, Altona Vic Australia, pp. 67-73.

Jens, P., Brooks, R.D., Nicoletti, G., Russell, R., 2006, Media coverage and biotechnology IPOs: some Australian evidence, Journal of Commercial Biotechnology, vol 13, issue 1, Palgrave Macmillan Ltd, UK, pp. 43-47. View Publication

Diggle, J., Brooks, R.D., 2006, Risk-return tradeoffs from investing in the Australian cash management industry, Applied Financial Economics Letters, vol 2, issue 3, Routledge, UK, pp. 147-150.

Dimovski, W., Brooks, R.D., 2006, The gender composition of boards after an IPO, Corporate Governance, vol 6, issue 1, Emerald Group Publishing Ltd, UK, pp. 11-17.

Brooks, R.D., Shoung, L.C., 2006, The impact of capital controls on Malaysian banking industry betas, Applied Financial Economics Letters, vol 2, issue 4, Routledge, UK, pp. 247-249.

Russell, R., Brooks, R.D., Nair, A., Fredline, L., 2006, The initial impacts of a matched savings program: the Saver Plus program, Economic Papers, vol 25, issue 1, The Economic Society of Australia, St. Ives NSW Australia, pp. 32-40.

Dimovski, W., Brooks, R.D., 2006, The pricing of property trust IPOs in Australia, Journal of Real Estate Finance and Economics, vol 32, issue 2, Springer New York LLC, USA, pp. 185-199.

Loh, J.Y.C., Brooks, R.D., 2006, Valuing biotechnology companies using the price earnings ratio, Journal of Commercial Biotechnology, vol 12, issue 4, Palgrave Macmillan Ltd, UK, pp. 254-260.

Faff, R.W., Brooks, R.D., Kee, H., 2005, A simple test of the 'risk class hypothesis', Journal for Studies in Economics and Econometrics, vol 29, issue 1, Universiteit Stellenbosch, Bureau for Economic Research, South Africa, pp. 83-96.

Brooks, R.D., Faff, R.W., Fry, T.R.L., Bissoondoyal-Bheenick, E., 2005, Alternative beta risk estimators in cases of extreme thin trading: Canadian evidence, Applied Financial Economics, vol 15, issue 18, Routledge, UK, pp. 1251-1258. View Publication

Dimovski, W., Brooks, R.D., 2005, Dividend forecasts and dividend payments of initial public offerings - when zero means zero and no comment most likely also means zero, Applied Financial Economics Letters, vol 1, issue 3, Routledge, UK, pp. 139-141.

Dimovski, W., Brooks, R.D., 2005, Putting their money where their mouth is: the importance of shareholder directors post listing, Accounting Research Journal, vol 18, issue 1, Queensland University of Technology, Australia, pp. 34-39.

Brooks, R.D., 2005, Ranking economics research output by Econbase downloads: a comparison to publication based measures, Applied Financial Economics Letters, vol 1, issue 2, Routledge, UK, pp. 75-78.

Diggle, J., Brooks, R.D., 2005, The changing nature of world return correlations, Asia Pacific Journal of Economics and Business, vol 9, issue 1, Curtin University of Technology, School of Economics and Finance, Australia, pp. 40-47.

Dimovski, W., Brooks, R.D., 2005, The gender composition of boards of property trust IPOs in Australia from 1994 to 2004, Pacific Rim Property Research Journal, vol 11, issue 2, Pacific Rim Real Estate Society, Australia, pp. 200-210.

Treloar, K.M., Brooks, R.D., 2005, The relative size of the venture capital market in Australia, The International Journal of Knowledge, Culture and Change Management, vol 5, issue 1, Common Ground, Altona Vic Australia, pp. 47-50.

Brooks, R.D., Faff, R.W., Sokulsky, D.L., 2005, The stock market impact of German reunification: international evidence, Applied Financial Economics, vol 15, issue 1, Routledge, UK, pp. 31-42. View Publication

Maldonado-Rey, D., Brooks, R.D., 2004, ARC linkage projects and research-intensive organizations: Are research-intensive organizations likely to participate?, Economic Papers, vol 23, issue 2, Economic Society of Australia, St Ives NSW Australia, pp. 175-188.

Brooks, R.D., Faff, R., Fry, T.R.L., Newton, E., 2004, Censoring and its impact on multivariate testing of the capital asset pricing model, Applied Financial Economics, vol 14, Routledge, UK, pp. 413-420.

Ragunathan, V., Faff, R., Brooks, R.D., 2004, Correlations, integration and Hansen-Jagannathan bounds, Applied Financial Economics, vol 14, Routledge, UK, pp. 1167-1180. View Publication

Diggle, J., Brooks, R.D., Stewart, M., 2004, Credit wrapping and local infrastructure investment, Sustaining Regions, vol 4, issue 2, Australian and New Zealand Regional Science Association Inc, Wollongong NSW Australia, pp. 39-46.

Brooks, R.D., Davidson, S., Gangemi, M., 2004, Determinants of R & D in Australia, International Journal of Knowledge, Culture and Change Management, vol 4, Common Ground, Altona Vic Australia, pp. 1803-1818.

Dimovski, W., Brooks, R.D., 2004, 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, vol 14, issue 3, Elsevier BV, North-Holland, Netherlands, pp. 267-280.

Brooks, R.D., Davidson, S., 2004, How much R & D should Australia undertake?, Economic Papers, vol 23, issue 2, Economic Society of Australia, St Ives NSW Australia, pp. 165-174.

Dimovski, W., Brooks, R.D., 2004, Initial public offerings in Australia 1994 to 1999, Recent evidence of underpricing and underperformance, Review of Quantitative Finance and Accounting, vol 22, issue 3, Springer, USA, pp. 179-198.

Jones, S., Brooks, R.D., Maldonado-Rey, D., Russell, R., 2004, Researching innovation in the knowledge economy: Developing a multi-disciplinary, multi-methodology research process, The International Journal of Knowledge, Culture and Change Management, vol 4, Common Ground, Altona Vic Australia, pp. 935-941.

Dimovski, W., Brooks, R.D., 2004, Stakeholders representation on the boards of Australian initial public offerings, Applied Financial Economics, vol 14, issue 17, Routledge, Abingdon UK, pp. 1233-1238.

Holian, R., Brooks, R.D., 2004, The Australian National Statement on Ethical Conduct in Research: Application and implementation for 'insider' applied research in business, Action Research International, vol Paper 7, Southern Cross Institute of Action Research, Lismore NSW Australia, pp. 1-20. View Publication

Dimovski, W., Brooks, R.D., 2004, The importance of intangible assets in initial public offerings, The International Journal of Knowledge, Culture and Change Management, vol 4, Common Ground, Altona Vic Australia, pp. 1505-1509.

Brooks, R.D., Faff, R., Hillier, D., Hillier, J., 2004, The national market impact of sovereign rating changes, Journal of Banking & Finance, vol 28, issue 1, Elsevier, The Netherlands, pp. 233-250. View Publication

Brooks, R.D., Davidson, S., Jackson, M., 2004, The price of discrimination: An economic analysis of the Human Rights and Equal Opportunity Commission rulings 1985-2000, Economic Papers, vol 23, issue 3, Economic Society of Australia, St Ives NSW Australia, pp. 244-256.

Brooks, R.D., Faff, R., Fry, T.R.L., Newton, E., 2004, The selectivity corrected market model and heteroscedasticity in stock returns: Volume versus GARCH revisited, Accounting Research Journal, vol 17, issue 2, RMIT, Department of Economics and Finance, Melbourne Vic Australia, pp. 192-201.

Keane, P., Brooks, R.D., Green, P., 2003, Developing a knowledge base for postal organisations, International Journal of Knowledge, Culture and Change Management, vol 3, Common Ground, Altona Vic Australia, pp. 23-34.

Brooks, R.D., Faff, R.W., Hillier, D., Hillier, J., 2003, Do stock markets react to the re-rating of sovereign risk?, JASSA, vol 4, issue 4, Securities Institute of Australia, Australia, pp. 2-8.

Brooks, R.D., 2003, Econbase downloads and the ranking of Australian university economics research: A comparative study, Economic Papers, vol 22, issue 2, Economic Society of Australia, St Ives NSW Australia, pp. 21-29.

Dimovski, W., Brooks, R.D., 2003, Financial characteristics of Australian initial public offerings from 1994 to 1999, Applied Economics, vol 35, issue 14, Routledge, Abingdon UK, pp. 1599-1607.

Lai, E., Brooks, R.D., Faff, R.W., 2003, Mean Reversion of Skewness: International Evidence, International Journal of Finance, vol 15, issue 2, International Journal of Finance, USA, pp. 2619-2627.

Brooks, R.D., Stewart, M., Gangemi, M., 2003, Measuring the economic impact of knowledge-based institutions on national and local economies, The International Journal of Knowledge, Culture and Change Management, vol 3, Common Ground, Altona Vic Australia, pp. 521-550.

Brooks, R.D., Dimovski, W., 2003, New economy stocks and Australian industry IPO returns in the late 1990s, International Journal of Knowledge, Culture and Change Management, vol 3, Common Ground, Altona Vic Australia, pp. 1-4.

Lai, E., Brooks, R.D., Faff, R.W., 2003, Persistence and predictability of skewness in country equity market returns, Journal of Quantitative Economics, vol 1, issue 1, The Indian Economic Society, India, pp. 36-51.

Sokulsky, D.L., Brooks, R.D., Davidson, S., 2003, Price effects of changes to size sub-indexes on the Australian Stock Exchange: An event study, Accounting, Accountability & Performance, vol 9, issue 2, Griffith University, Department of Accounting, Finance & Economics, Gold Coast Qld Australia, pp. 67-88.

Dimovski, W., Brooks, R.D., 2003, Promise more, leave less: The importance of dividend forecasts in initial public offerings, International Journal of Knowledge, Culture and Change Management, vol 3, Common Ground, Altona Vic Australia, pp. 5-9.

Brooks, R.D., Ragunathan, V., 2003, Returns and volatility on the Chinese stock markets, Applied Financial Economics, vol 13, issue 10, Routledge, Abingdon UK, pp. 747-752.

Brooks, R.D., Davidson, S., Faff, R.W., 2003, Sudden changes in property rights: the case of Australian native title, Journal of Economic Behaviour & Organization, vol 52, Elsevier, The Netherlands, pp. 427-442. View Publication

McKenzie, M.D., Brooks, R.D., 2003, The role of information in Hong Kong individual stock futures trading, Applied Financial Economics, vol 13, issue 2, Routledge, Abingdon UK, pp. 123-131.

Sokulsky, D.L., Brooks, R.D., Davidson, S., 2003, Time varying volatility and beta patterns of sub-indices on the Australian Stock Exchange, Accounting Research Journal, vol 16, issue 2, Royal Melbourne Institute of Technology, Department of Economics and Finance, Melbourne Vic Australia, pp. 117-132.

Brooks, R.D., Faff, R.W., Sokulsky, D., 2002, An ordered response model of test cricket performance, Applied Economics, vol 18, issue 4, Routledge, UK, pp. 2353-2365.

Brooks, R.D., Davidson, S., 2002, Investigating the "bounce-back" hypothesis after the Asian crisis, Economic Papers, vol 21, issue 2, Economic Society of Australia, St Ives NSW Australia, pp. 71-85.

Faff, R.W., Brooks, R.D., Kee, H., 2002, New evidence on the impact of financial leverage on beta risk: a time-series approach, The North American Journal of Economics and Finance, vol 13, Elsevier Science Ltd, UK, pp. 1-20.

Brooks, R.D., Faff, R., McKenzie, M., 2002, Time-varying country risk: an assessment of alternative modelling techniques, The European Journal of Finance, vol 8, issue 3, Routledge, UK, pp. 249-274. View Publication

Bollen, B., Brooks, R.D., Faff, R.W., 2001, An Empirical Examination of the Required Number of Leading and Lagged Terms in Estimating the Dimson Beta: An Updated Analysis, Accounting, Accountability and Performance, vol 7, issue 1, Griffith University, Gold Coast Qld Australia, pp. 23-30.

Brooks, R.D., Faff, R., Josev, T., 2001, An empirical investigation of the cross-industry variation in mean reversion of Australian stock betas, Pacific Accounting Review, vol 13, issue 2, Emerald Group Publishing Ltd, Bradford UK, pp. 1-16.

Brooks, R.D., Fausten, D., Silvapulle, P., 2001, Causality in international capital movements: The income mobility of Australian investment abroad, Accounting Research Journal, vol 14, issue 1, Queensland Institute of Technology, Brisbane Australia, pp. 58-64.

Brooks, R.D., Faff, R.W., Fry, T.R.L., 2001, GARCH modelling of individual stock data: The impact of censoring, firm size and trading volume, Journal of International Financial Markets, Institutions and Money, vol 11, Elsevier, Holland, pp. 215-222.

Thomas, S., Brooks, R.D., 2001, GARCH-based hedge ratios for Australian share price index futures: Does asymmetry matter?, Acounting, Accountability & Performance, vol 7, issue 2, Griffith University, Department of Accounting, Finance & Economics, Gold Coast Qld Australia, pp. 61-76.

McKenzie, M.D., Mitchell, H., Brooks, R.D., Faff, R., 2001, Power ARCH modelling of commodity futures data on the London Metal Exchange, The European Journal of Finance, vol 7, issue 1, Routledge, Abingdon UK, pp. 22-38.

Josev, T., Brooks, R.D., Faff, R., 2001, Testing a two-factor APT model on Australian industry equity portfolio: The effect of intervaling, Applied Financial Economics, vol 11, issue 2, Routledge, Abingdon UK, pp. 157-163.

Brooks, R.D., Silvapulle, P., 2001, Testing for linear and nonlinear Granger causality between the Australian current account and trade weighted index, Journal of Quantitative Economics, vol 17, issue 1, The Indian Econometric Society, India, pp. 102-116.

Brooks, R.D., Faff, R., McKenzie, M., Mitchell, H., 2000, A multi-country study of power ARCH models and national stock market returns, Journal of International Money and Finance, vol 19, issue 3, Pergamon, UK, pp. 377-397. View Publication

Brooks, R.D., Fry, T.R., Harris, M.N., 1997, The size and power properties of combining choice set partition tests for the IIA property in the Logit model, Journal of Quantitative Economics, vol 13, Indian Econometric Society, Delhi, pp. 45-61.

Conference Proceedings

Russell, R., Brooks, R.D., Nair, A., 2006, Evaluating a financial literacy program: the case of the Australian MoneyMinded program, Proceedings of the Financial Literacy, Banking & Identity Conference, 25 October 2006 to 26 October 2006, RMIT University, http://mams.rmit.edu.au/ushkbbuvz3wfz.pdf, pp. 1-11. View Publication

Galagedera, D.U.A., Brooks, R.D., 2006, Is co-skewness a better measure of risk in the downside than downside beta? Evidence in emerging market data, Far Eastern Meeting of the Econometric Society (FEMES), 9 July 2006 to 12 July 2006, Far Eastern Meeting of the Econometric Society (FEMES), Beijing China, pp. 1-43.

Iqbal, J., Brooks, R.D., 2006, Multivariate tests of asset pricing in an emerging market, Proceedings of ESAM 2006: Australasian Meeting of the Econometric Society, 04 July 2006 to 07 July 2006, The Econometric Society, http://esam06.anu.edu.au, pp. 1-29.

Brooks, R.D., 2006, Power ARCH modelling of the volatility of emerging equity markets, Quantitative Methods in Finance (QMF), 13 December 2006 to 16 December 2006, Quantitative Finance Research Centre, School of Finance and Economics, UTS, Sydney NSW Australia, pp. 1-26.

Dimovski, W., Brooks, R.D., 2006, Stakeholder and gender characteristics of mining and energy IPO boards of directors, Enhancing Corporate Accountability: Prospects and Challenges: Proceedings of the Conference, 08 February 2006 to 09 February 2006, Department of Business Law and Taxation & School of Business and Economics, Monash University, Gippsland Vic Australia, pp. 103-113.

Fry, T.R.L., Mihajilo, S., Russell, R., Brooks, R.D., 2006, The factors influencing saving in a matched savings program: The case of the Australian Saver Plus program, Academy of Financial Services 20th Annual Meeting, 11 October 2006 to 12 October 2006, Academy of Financial Services, Salt Lake City UT USA, pp. 1-22.

Other

Russell, R., Brooks, R.D., Nair, A., 2006, Evaluation of the Youth Financial Literacy Trial Program, RMIT University, Melbourne Vic Australia, pp. 1-26.

Russell, R., Brooks, R.D., Gangemi, M., 2006, MoneyMinded evaluation 2006: Report 1, RMIT University, Melbourne Vic Australia, pp. 1-12.

Russell, R., Mihajilo, S., Nair, A., Brooks, R.D., 2006, Saver Plus - encouraging savings and increasing financial capabilities among low-income families, ANZ Banking Corporation, http://www.anz.com/aus/about/saver/Evaluation.asp, pp. 1-87.

Russell, R., Brooks, R.D., Nair, A., 2006, SaverPlus - improving financial literacy and establishing long-term saving habits, ANZ Banking Corporation, http://www.anz.com/aus/about/saver/Evaluation.asp, pp. 1-12.

Russell, R., Brooks, R.D., Nair, A., 2005, Evaluation of MoneyMinded: an adult financial education program, ANZ Banking Corporation, http://www.anz.com/aus/values/moneyminded/evaluation.asp, pp. 1-48.

Russell, R., Brooks, R.D., Nair, A., Fredline, L., 2005, Saver Plus: Improving financial literacy through encouraging savings, ANZ Banking Corporation, http://www.anz.com/aus/about/saver/Evaluation.asp, pp. 1-86.

Postgraduate Research Supervisions

Completed Supervision

Student:

Guo, H.

Program of Study:

The Chinese initial public offering market: underpricing, duration to listing and hot issue cycles. (PHD) 2009.

Supervisors:

Brooks, R (Main), Shami, R (Associate).

Student:

Iqbal, J.

Program of Study:

Modelling asset pricing in emerging markets: a perspective from Pakistan. (PHD) 2008.

Supervisors:

Brooks, R (Main), Galagedera, D (Associate).

Student:

Lambrick, S.

Program of Study:

Aspects of asset pricing in the Australian equity market: January 1974 to December 2000. (PHD) 2009.

Supervisors:

Brooks, R (Main).

Student:

Lekkumporn, P.

Program of Study:

An exploration of personal values as antecedent of gift-giving behaviour. (PHD) 2009.

Supervisors:

Tsarenko, Y (Main), Tojib, D (Associate), Brooks, R (Associate).

Student:

Lim, K.

Program of Study:

An empirical analysis of the weak-form efficiency of stock markets. (PHD) 2009.

Supervisors:

Brooks, R (Joint-Co), Kim, J (Joint).

Student:

Loh, J.

Program of Study:

A framework for the valuation of biotechnology companies. (PHD) 2007.

Supervisors:

Brooks, R (Main).

Student:

Luo, L.

Program of Study:

The predictive power of yield spread on GDP growth and monetary policy. (PHD) 2008.

Supervisors:

King, M (Main), Brooks, R (Associate), Harris, M (Associate).

Student:

Nurjannah, .

Program of Study:

Conditional asset pricing models in the conventional and downside frameworks. (Masters) 2009.

Supervisors:

Brooks, R (Joint), Galagedera, D (Joint-Co).

Student:

Ting, S.

Program of Study:

Trading activity and volatility in equity and foreign exchange markets. (Masters) 2011.

Supervisors:

Galagedera, D (Main), Treepongkaruna, S (Associate), Brooks, R (Associate).

Student:

Treloar, K.

Program of Study:

Measuring innovation in the Australian economy: an applied approach. (PHD) 2010.

Supervisors:

Brooks, R (Main).

Student:

Vaz, J.

Program of Study:

The effects of macroeconomic variables on stock prices: conventional versus news models. (PHD) 2011.

Supervisors:

Brooks, R (Main).