Emeritus Professor of Finance
BSc (London), MA (Michigan State), MSc (Reading), PhD (Michigan State)
Behavioural finance and investment decisions
Structural models of credit risk and the connection of bond and equity markets
Derivatives: option smiles and risk-neutral distributions
Market microstructure: determinants of bid/ask spreads
At Cass Business School from 1997 to 2004 then at Warwick Business School until 2008.
G. Gemmill and M. Marra, 'Explaining CDS Prices with Merton's Model Before and After the Lehman Default', Journal of Banking and Finance, 106, 2019, 93-109.
G. Gemmill and D.C. Thomas, 'Are IPO Investors Rational? Evidence from Closed-end Funds', European Journal of Finance, 23, (12), 2017, 1311-1334.
J. An, G. Gemmill and D.C. Thomas, ‘The agency effect of repurchases on closed-end funds’, European Financial Management, 18, 2012, pages 240-270.
G. Gemmill and A. Keswani, ‘Downside risk and the size of credit spreads’, Journal of Banking and Finance, 35, 2011, pages 2021-2036.
D. Diaz and G.Gemmill, ‘What drives credit risk in emerging markets? The roles of country fundamentals and market co-movements’, Journal of International Money and Finance, 25 (2006), 476-502.
G. Gemmill and D.C. Thomas, ‘The impact of corporate governance on closed-end funds’, European Financial Management, 12 (2006), 725-746.
G. Gemmill and D.C. Thomas, ‘Noise trading, costly arbitrage and asset pricing: evidence from closed-end funds’, Journal of Finance, 57 (2002), 2571-2594.