Apostolos Serletis

University of Calgary - Department of Economics

2500 University Drive, NW

Calgary, Alberta T2N 1N4

Canada

SCHOLARLY PAPERS

47

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5,719

TOTAL CITATIONS
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Top 7,775

in Total Papers Citations

175

Scholarly Papers (47)

1.

Oil Price Uncertainty

Journal of Money, Credit, and Banking, Forthcoming
Number of pages: 42 Posted: 14 Jun 2006 Last Revised: 03 Mar 2010
John Elder and Apostolos Serletis
Colorado State University and University of Calgary - Department of Economics
Downloads 2,021 (17,168)
Citation 70

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Real Options, Oil Volatility, Vector autoregression, Multivariate GARCH-in-Mean VAR.

2.

Volatility in the Cryptocurrency Market

Open Economies Review (Forthcoming)
Number of pages: 41 Posted: 22 Jul 2019
Jinan Liu and Apostolos Serletis
University of Calgary - Department of Economics and University of Calgary - Department of Economics
Downloads 322 (199,936)
Citation 16

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Cryptocurrency; Financial markets; Spillover effects; GARCH-in-mean model; Asymmetric BEKK model; Volatility transmission

3.

Volatility in Oil Prices and Manufacturing Activity: An Investigation of Real Options

Macroeconomic Dynamics, Forthcoming
Number of pages: 26 Posted: 15 Jan 2011 Last Revised: 18 Feb 2013
John Elder and Apostolos Serletis
Colorado State University and University of Calgary - Department of Economics
Downloads 195 (330,039)
Citation 2

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oil volatility, uncertainty, multivariate GARCH VAR, real options

4.

Oil Price Shocks in Major Emerging Economies

Number of pages: 23 Posted: 11 May 2020
Nahiyan Faisal Azad and Apostolos Serletis
University of Calgary, Students and University of Calgary - Department of Economics
Downloads 187 (342,988)
Citation 6

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Emerging markets, Oil price uncertainty, GARCH-in-Mean VAR

5.

Electricity Prices, Large-Scale Renewable Integration, and Policy Implications

NHH Dept. of Business and Management Science Discussion Paper No. 2016/18
Number of pages: 36 Posted: 25 Nov 2016
VATT Institute for Economic ResearchNorwegian School of Economics (NHH) - ENE Research Centre, NHH Norwegian School of Economics - Department of Business and Management Science and University of Calgary - Department of Economics
Downloads 170 (373,433)
Citation 12

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Intermittency, Large-scale integration, Merit-order effect, Volatility, GARCH-in-Mean model

6.

On Interfuel Substitution : Some International Evidence

World Bank Policy Research Working Paper No. 5026
Number of pages: 56 Posted: 20 Apr 2016
Apostolos Serletis, Govinda R. Timilsina and Olexandr Vasetsky
University of Calgary - Department of Economics, World Bank - Development Research Group (DECRG) and affiliation not provided to SSRN
Downloads 163 (387,228)
Citation 3

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Energy Production and Transportation, Environment and Energy Efficiency, Energy and Environment, Energy Demand, Markets and Market Access

7.

Cryptocurrency Shocks

Forthcoming in: The Manchester School
Number of pages: 23 Posted: 28 Jan 2021
Jinan Liu, Sajjadur Rahman and Apostolos Serletis
University of Calgary - Department of Economics, Texas A&M University and University of Calgary - Department of Economics
Downloads 158 (397,709)

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Cryptocurrency price shocks, Heteroscedasticity, VAR model

8.

Energy Sector Pricing: On the Role of Neglected Nonlinearity

Number of pages: 34 Posted: 12 Feb 2009
University of Macedonia - Department of Economics, Loyola University Chicago and University of Calgary - Department of Economics
Downloads 156 (402,084)

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Energy, Nonlinearity, Chaotic Dynamics

9.

Oil Prices and the Renewable Energy Sector

NHH Dept. of Business and Management Science Discussion Paper No. 2017/15
Number of pages: 41 Posted: 16 Nov 2017
Evangelos Kyritsis, Evangelos Kyritsis and Apostolos Serletis
VATT Institute for Economic ResearchNorwegian School of Economics (NHH) - ENE Research Centre and University of Calgary - Department of Economics
Downloads 148 (419,917)
Citation 3

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Renewable Energy, Transition, Oil Prices, Uncertainty, GARCH-in-Mean Model, Asymmetric Responses

10.

Episodic Nonlinearity in Leading Global Currencies

Number of pages: 27 Posted: 08 Dec 2011
Loyola University Chicago, University of Calgary - Department of Economics, University of Texas at Austin - Applied Research Laboratories and Democritus University of Thrace - Department of Economics
Downloads 132 (460,329)

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Global Fi…nancial markets, Currencies, Episodic nonlinearity, Conditional heteroskedasticity

11.

Economic Policy Uncertainty and Real Output: Evidence from the G7 Countries

Applied Economics, Forthcoming
Number of pages: 25 Posted: 12 Feb 2018
Khandokar Istiak and Apostolos Serletis
University of South Alabama - Mitchell College of Business - Department of Economics and Finance and University of Calgary - Department of Economics
Downloads 114 (515,644)
Citation 4

Abstract:

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Economic policy uncertainty, Asymmetry, Impulse response test, Vector autoregression

12.

The Demand for Banking and Shadow Banking Services

Forthcoming in North American Journal of Economics and Finance
Number of pages: 30 Posted: 28 Dec 2018
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 110 (529,610)
Citation 1

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Minflex Laurent Functional Form; Markov Regime Switching; GARCH; BEKK; Volatility Impulse Response Functions

13.

Oil Prices and the Stock Markets: Evidence from High Frequency Data

The Energy Journal, Forthcoming
Number of pages: 30 Posted: 03 Apr 2019
Sajjadur Rahman and Apostolos Serletis
Texas A&M University and University of Calgary - Department of Economics
Downloads 105 (548,116)

Abstract:

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Oil Price Shocks; Heteroscedasticity; VAR Model

14.

Interest Rates, Money, and Economic Activity

Forthcoming in: Macroeconomic Dynamics
Number of pages: 64 Posted: 21 Oct 2019
Cosmas Dery and Apostolos Serletis
University of Calgary, Students and University of Calgary - Department of Economics
Downloads 103 (555,950)
Citation 4

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Divisia monetary aggregates; Narrow money; Broad money

15.

150 Years of the Oil Price-Macroeconomy Relationship

Macroeconomic Dynamics, Forthcoming, University of Calgary, Department of Economics, Working Paper 2017-01
Number of pages: 14 Posted: 10 Jan 2017
Apostolos Serletis and Elaheh Asadi Mehmandosti
University of Calgary - Department of Economics and Alzahra University
Downloads 102 (559,942)
Citation 2

Abstract:

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Oil Price Volatility, Real Options, Multivariate GARCH-In-Mean VAR

16.

How Does the U.S. Natural Gas Market React to Demand and Supply Shocks in the Crude Oil Market?

Forthcoming in: Energy Economics
Number of pages: 24 Posted: 18 Jan 2017
Ali Jadidzadeh and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 95 (587,129)
Citation 11

Abstract:

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Oil price, Oil price shocks, Structural VAR

17.

International Monetary Policy Spillovers

Open Economies Review, Forthcoming
Number of pages: 30 Posted: 29 Jul 2018
Dennis Nsafoah and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 91 (603,259)
Citation 1

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Monetary Policy Shocks; Monetary Policy Spillovers; Structural GARCH-in-Mean VAR

18.

Consumption, Leisure, and Money

Macroeconomic Dynamics (Forthcoming)
Number of pages: 41 Posted: 22 Jul 2019
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 88 (615,877)

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Weak separability; Minflex Laurent functional form; Markov regime switching

19.

Monetary Policy and Leverage Shocks

Forthcoming in: International Journal of Finance and Economics, University of Calgary Working Paper 2016-45
Number of pages: 33 Posted: 30 Nov 2016
Khandokar Istiak and Apostolos Serletis
University of South Alabama - Mitchell College of Business - Department of Economics and Finance and University of Calgary - Department of Economics
Downloads 85 (629,037)
Citation 2

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Leverage, Security Broker-Dealers, Asset Pricing, Monetary Policy

20.

Shadow Prices of CO2 Emissions at U.S. Electric Utilities: A Random-Coefficient, Random-Directional-Vector Directional Output Distance Function Approach

Forthcoming in: Empirical Economics
Number of pages: 43 Posted: 20 Jan 2017
Guohua Feng, Chuan Wang and Apostolos Serletis
University of North Texas, Monash University and University of Calgary - Department of Economics
Downloads 77 (666,007)

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Shadow Price of CO2 Emissions; Directional Output Distance Function; Bayesian Estimation

21.

Money Supply Volatility and the Macroeconomy

Forthcoming in: Macroeconomic Dynamics
Number of pages: 16 Posted: 06 Nov 2018
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 63 (741,897)
Citation 1

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CFS Divisia Monetary Aggregates; Markov Regime-Switching; Money Growth Volatility

22.

The Ethanol Mandate and Crude Oil and Biofuel Agricultural Commodity Price Dynamics

Journal of Commodity Markets, Forthcoming
Number of pages: 17 Posted: 29 Jul 2018
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 63 (741,897)
Citation 5

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VEC-GARCH-in-Mean; BEKK Model; Mean and Volatility Spillovers; Structural Breaks

23.

Inflation and Economic Activity in Advanced and Emerging Economies

Forthcoming in: International Journal of Finance and Economics
Number of pages: 48 Posted: 28 Jan 2021
Apostolos Serletis and Jinan Liu
University of Calgary - Department of Economics and University of Calgary - Department of Economics
Downloads 60 (760,476)

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Inflation uncertainty, Output, GARCH-in-Mean structural VAR

24.

Monetary Policy Spillovers in Emerging Economies

Forthcoming in: International Journal of Finance and Economics
Number of pages: 47 Posted: 21 Oct 2019
Nahiyan Faisal Azad and Apostolos Serletis
University of Calgary, Students and University of Calgary - Department of Economics
Downloads 60 (760,476)
Citation 4

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In‡flation rate targeting; Exchange rate targeting; Bivariate GARCH-in-Mean VAR.

25.

Business Cycles and Hydrocarbon Gas Liquids Prices

Journal of Economic Asymmetries, Forthcoming
Number of pages: 55 Posted: 24 Jan 2019
Sayeeda Jahan and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 60 (760,476)

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Business Cycles; HGL; Stylized Facts; Hamilton Filter; Granger Causality Tests

26.

Divisia Monetary Aggregates with Unobserved Assets

Number of pages: 33 Posted: 27 Sep 2023
Maksim Isakin and Apostolos Serletis
Cleveland State University and University of Calgary - Department of Economics
Downloads 59 (766,877)
Citation 2

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Money demand, Unobserved components, Flexible functional forms, Normalized quadratic.

27.

The Zero Lower Bound and Market Spillovers: Evidence from the G7 and Norway

NHH Dept. of Business and Management Science Discussion Paper No. 2017/7
Number of pages: 51 Posted: 01 Jun 2017
Evangelos Kyritsis, Evangelos Kyritsis and Apostolos Serletis
VATT Institute for Economic ResearchNorwegian School of Economics (NHH) - ENE Research Centre and University of Calgary - Department of Economics
Downloads 59 (766,877)

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Crude oil, Financial markets, Mean and volatility spillovers, Structural breaks, VARMA-BEKK model

28.

The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies

Number of pages: 48 Posted: 06 Dec 2023
Apostolos Serletis and MM Islam Chowdhury
University of Calgary - Department of Economics and University of Calgary - Department of Economics
Downloads 55 (793,837)
Citation 1

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Gibson paradox, Fisher equation, Cointegration, G7, E7.

29.

On the Markov Switching Welfare Cost of Inflation

Forthcoming in: Journal of Economic Dynamics and Control
Number of pages: 48 Posted: 19 Sep 2019
Wei Dai and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 53 (808,076)
Citation 1

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Welfare Cost of Inflation, Markov Regime Switching, Divisia Money

30.

A Century of Interfuel Substitution

International Center for Emerging Markets Research, RUDN University, Forthcoming
Number of pages: 32 Posted: 09 Oct 2017
A K M Nurul Hossain and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 53 (808,076)
Citation 3

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Flexible functional forms, NQ expenditure function, Volatility, Interfuel elasticities of substitution

31.

Recent Monetary Policy and the Credit Card-Augmented Divisia Monetary Aggregates

Number of pages: 40 Posted: 11 May 2020
Jinan Liu, Cosmas Dery and Apostolos Serletis
University of Calgary - Department of Economics, University of Calgary, Students and University of Calgary - Department of Economics
Downloads 49 (838,203)
Citation 1

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Money and business cycles, Divisia monetary aggregates, Credit card-augmented Divisia monetary aggregates.

32.

Markov Switching Oil Price Uncertainty

Oxford Bulletin of Economics and Statistics, Forthcoming
Number of pages: 27 Posted: 04 Jan 2019
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 49 (838,203)
Citation 3

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Oil price uncertainty, Real options, GARCH-in-Mean VAR, Markov switching

33.

Interfuel Substitution: Evidence from the Markov Switching Minflex Laurent Demand System with BEKK Errors

The Energy Journal (Forthcoming)
Number of pages: 26 Posted: 22 Jul 2019
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 48 (846,117)
Citation 1

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Minflex Laurent flexible form; Markov regime switching; GARCH; BEKK

34.

The Demand for Assets and Optimal Monetary Aggregation

Journal of Money, Credit and Banking, Forthcoming
Number of pages: 34 Posted: 16 Jul 2018
Ali Jadidzadeh and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 46 (862,471)
Citation 9

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Barnett Critique; Divisia Monetary Aggregates; Demand for Money; Separability

35.

User Costs, the Financial Firm, and Monetary and Regulatory Policy

Forthcoming in: Macroeconomic Dynamics
Number of pages: 32 Posted: 08 Nov 2018
Maksim Isakin and Apostolos Serletis
Cleveland State University and University of Calgary - Department of Economics
Downloads 44 (879,500)

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Commercial Banks; Generalized Barnett Variable Profit Function; Flexible Functional Forms

36.

Consumer Preferences, the Demand for Divisia Money, and the Welfare Costs of Inflation

Journal of Macroeconomics, Forthcoming
Number of pages: 65 Posted: 23 Dec 2022
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 42 (897,037)

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Divisia aggregates; Flexible functional forms; Normalized Quadratic system.

37.

Money Growth Variability and Output: Evidence with Credit Card-Augmented Divisia Monetary Aggregates

Forthcoming in: Studies in Nonlinear Dynamics & Econometrics
Number of pages: 19 Posted: 13 May 2020
Jinan Liu and Apostolos Serletis
University of Calgary - Department of Economics and University of Calgary - Department of Economics
Downloads 38 (934,113)
Citation 1

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Credit card-augmented Divisia monetary aggregates, Multivariate GARCH-in-mean, Optimal monetary aggregation

38.

Biofuel Substitution in the U.S. Transportation Sector

Forthcoming in: The Journal of Economic Asymmetries
Number of pages: 26 Posted: 07 May 2020
A K M Nurul Hossain and Apostolos Serletis
University of Calgary and University of Calgary - Department of Economics
Downloads 38 (934,113)

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Biofuels, Interfuel substitution, Normalized quadratic

39.

Demand Systems with Heteroscedastic Disturbances

Empirical Economics, Forthcoming
Number of pages: 40 Posted: 25 Oct 2018
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 31 (1,005,643)
Citation 2

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Flexible functional forms; Demand systems; Volatility

40.

Banking Technology in a Markov Switching Economy

Journal of Macroeconomics, Forthcoming
Number of pages: 36 Posted: 14 Dec 2018
Maksim Isakin and Apostolos Serletis
Cleveland State University and University of Calgary - Department of Economics
Downloads 30 (1,016,506)

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41.

The Credit-Augmented Divisia Aggregates and the Monetary Business Cycle

Number of pages: 77 Posted: 20 Dec 2023
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 28 (1,039,141)
Citation 3

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Divisia aggregates; New Keynesian model; Structural VAR; Monetary policy.

42.

Oil Price Uncertainty and Consumer Sentiment in Advanced Economies

Number of pages: 28 Posted: 11 Apr 2024
Nahiyan Faisal Azad and Apostolos Serletis
University of Calgary, Students and University of Calgary - Department of Economics
Downloads 27 (1,050,867)
Citation 1

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G7 countries; Oil price shocks; Consumer sentiment; GARCH-in-Mean VAR.

43.

Conditional Correlation Demand Systems

Computational Economics, Forthcoming
Number of pages: 12 Posted: 02 Dec 2018
Apostolos Serletis and Libo Xu
University of Calgary - Department of Economics and Lakehead University - Department of Economics
Downloads 26 (1,062,510)

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44.

Money demand stability: New evidence from transfer entropy 

Number of pages: 44 Posted: 28 Jun 2024
hadi movaghari, Apostolos Serletis and Georgios Sermpinis
University of Glasgow - Adam Smith Business School, University of Calgary - Department of Economics and University of Glasgow
Downloads 16 (1,186,613)

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information flow, interest rates, money demand stability, Rényi entropy, Shannon entropy, transfer entropy

45.

Preface to Money and the Economy

Apostolos Serletis, MONEY AND THE ECONOMY, World Scientific Publishing Co., 2006
Posted: 02 Oct 2009
Apostolos Serletis
University of Calgary - Department of Economics

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Monetary Aggregation, Demand for Money, Demand Systems, Flexible Functional Forms, Welfare Cost of Inflation, Money-Income Causality, Nominal Stylized Facts

46.

Long Memory in Energy Futures Prices

Review of Financial Economics, Vol. 17, No. 2, 2008
Posted: 07 Jul 2008
John Elder and Apostolos Serletis
Colorado State University and University of Calgary - Department of Economics

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Energy, Weak-form market efficiency, Long memory, Fractional integration

47.

Univariate Tests for Nonlinear Structure

Journal of Macroeconomics, Vol. 28, No. 1, 2006
Posted: 24 Jun 2007
Catherine Kyrtsou and Apostolos Serletis
University of Macedonia - Department of Economics and University of Calgary - Department of Economics

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Nonlinearity, Chaos, Self-organized criticality, Mackey-Glass-GARCH