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Dagfinn Rime

Curriculum Vitae

• Primary: International Finance, Market Microstructure
• Secondary: Macroeconomics, Monetary policy

Refereed publications

1. "Exchange Rate Volatility and the Mixture of Distribution Hypothesis"
   (with Luc Bauwens and Genaro Sucarrat), Empirical Economics, (October 2005), pp. 1-23.
   
2. "Liquidity Provision in the Overnight Foreign Exchange Market"
   (with Geir H. Bjønnes and Haakon O.Aa. Solheim), Journal of International Money and Finance, vol. 24, issue 2 (March 2005), pp. 177-198.
   WP version (2004/13)   
3. "Dealer Behavior and Trading Systems in the Foreign Exchange Market"
   (with Geir H. Bjønnes), Journal of Financial Economics, vol. 75, issue 3 (March 2005), pp. 571-605.
   WP version (2003/10)   
4. "Volume and volatility in the FX market: Does it matter who you are?"
   (with Geir H. Bjønnes and Haakon O.Aa. Solheim), in Paul De Grauwe (ed.), Exchange Rate Economics: Where do we Stand?, MIT Press, 2005.
   WP version (2003/7)
5. "New Electronic Trading Systems in the Foreign Exchange Market."
   in New Economy Handbook (Derek C. Jones, ed.), Academic Press, 2003.
   
6. "Analysis of spreads in the Dollar/Euro and Deutsche Mark/Dollar foreign exchange markets."
   (with Charles Goodhart, Ryan Love and Richard Payne), Economic Policy, vol. 17, issue 35 (October 2002), pp. 536-552.
   

Other publications

1. "Order flow analysis of exchange rates"
   (with Elvira Sojli), in NB Economic Bulletin, no. 3 (2006)
   English version
   Norwegian version (Penger og Kreditt, no. 2, 2006)
2. "The Tobin tax: Perspectives from microstructure finance" (in Norwegian)
   (with Dag Henning Jacobsen), in Økonomisk Forum, no. 5 (2005)
3. "Electronic FX Trading -- influencing dealer behaviour?"
   (with Geir H. Bjønnes), in e-FOREX, (July 2004).
   
4. "The Role of Foreign Speculators in Speculative Attacks: The Case of 1998."
   (with Geir H. Bjønnes and Haakon O.Aa. Solheim), in Recent Developments on Exchange Rates (Sandrine Lardic and Valérie Mignon, eds.), Palgrave, 2004.
5. "What can financial economics teach us about exchange rates?"
   in Explaining movements in the Norwegian exchange rate (Øyvind Eitrheim and Kristin Gulbrandsen, eds.), Occasional Papers, no. 32, Norges Bank, 2004.
   English version
   Norwegian version (Occasional Papers, no. 31, 2003)
6. "Sand in the machinery or in the eyes of the Tobin-tax proponents?" (in Norwegian)
   (with Dag Henning Jacobsen), in Vill valuta. en debattbok om tobinskatten, (Nina Drange and Linn Stalsberg, eds.), ATTAC Norway, 2002.
7. Trading in Foreign Exchange Markets: Four Essays on the Market Microstructure of Foreign Exchange Markets,
   Series of Ph.D. Dissertations, no. 2, Norwegian School of Management BI, 2001.

Working papers

1. "Exchange Rate Forecasting, Order Flow and Macroeconomic Information"
   (with Lucio Sarno and Elvira Sojli)
    Norges Bank Working paper 2007/2, April 2007.
2. "'Large' vs. 'Small' Players: A Closer Look on the Dynamics of Speculative Attacks"
   (with Geir H. Bjønnes, Steinar Holden and Haakon O. Aa. Solheim)
   Norges Bank Working paper 2005/13, November 2005.
3. "Arbitrage in the Foreign Exchange Market: Turning on the Microscope"
   (with Q. Farooq Akram and Lucio Sarno)
     Norges Bank Working paper 2005/12, October 2005.
4. "The Volume-Volatility relation and the influence by different players in the FX market"
   (with Geir H. Bjønnes, and Haakon O. Aa. Solheim), November 2004.
5. "U.S. Exchange Rates and Currency Flows",
   Working Paper 4, Stockholm Institute for Financial Research, 2001.
6. "Customer Trading and Information in Foreign Exchange Market"
   (with Geir H. Bjønnes), Memorandum 30/2000, Department of Economics, University of Oslo.
7. "Private or Public Information in the Foreign Exchange Markets? An Empirical Analysis",
   Memorandum 14/2000, Department of Economics, University of Oslo.

• Conferences and worskhops:
  European Finance Association (EFA) Meeting (2007, 2006, 2002, 2000); Econometric Society World Congress (2005); European Economic Association (EEA) Meeting (2007, 2006, 2001, 2000); Econometric Society European Meeting (ESEM) (1999); High Frequency Econometrics Workshop, Warwick (2006, 2005); Annual Central Bank Conference on the Microstructure of Financial Markets (2007 MNB, 2006 BoC); FX Microstructure workshop/summer school, Aix-en-Provence (2007, 2005); International Conference on Macroeconomic Analysis and International Finance, Crete (2005, 2004, 2002); International Economic Association World Congress (2002); Spring Meeting of Young Economists (SMYE) (2002, 2001); LSE/FMG Finance Conference (2003); SIFR Workshop on FX Microstructure (2003); CESifo Venice Summer Institute (2002); the Riksbank Workshop on exchange rate determination (2006)
• Seminars:
  University of Copenhagen (2006); Queen's University Belfast (2005); Stockholm School of Economics (2001, 1999); Norwegian University of Science and Technology (NTNU) (2007, 2006); University of Oslo (2006, 2000, 1999); Norwegian School of Economics and Business Adminstration (NHH) (2001); Norwegian School of Management (BI) (2001, 1999); Statistics Norway (2003, 2001); Norges Bank (2007, 2005, 2004, 2002, 2001); Sveriges Riksbank (2005, 2002, 2001); SIFR (2004, 2003, 2002)
  

• Lectures on Financial econometrics. NTNU (2006, 2007)
• Lectures on FX microstructure. Norges Bank (2005), Norwegian School of Management (BI) (2001, 2003)
• Mini-course on Behavioral economics. Norwegian Economic Association (2003)
• Finance theory (graduate course). University of Oslo (1999, 2001)
• Undergraduate macroeconomics (level 1). University of Oslo (2000), Norwegian School of Management (BI) (1997)
• Undergraduate macroeconomics (level 2). University of Oslo (1998, 1999, 2000, 2001)
• Undergraduate microeconomics, Norwegian School of Management (BI) (1996)
• Environmental economics, Norwegian School of Management (BI) (1994)
  

• Sveriges Riksbank (Central bank of Sweden).
  April 2004, April 2005
• Swedish Institute for Financial Research (SIFR).
  November 2003, November 2004
• Institute for International Economic Studies (IIES), Stockholm University.
  April - June 1997, August - December 1998
• Research department, Norges Bank (Central bank of Norway).
  September 1997 - December 1997
  

• Born January 6th 1968.
• Nationality: Norwegian
• Home address: Haråsveien 2L, 0283 Oslo
• Home phone: (Int +47) 22 50 18 16
• Cell phone: (Int +47) 92 60 06 94

• Co-organizer of the SIFR Workshop on FOREX Microstructure and International Macroeconomics, April 11-12, 2003; the BI/Norges Bank Conference on the microstructure of equity and currency markets, September 9-10, 2005; the Bank of Canada/Norges Bank Conference on the microstructure of equity and foreign exchange markets, October 20-21, 2006 ; the 3rd Annual Central Bank Workshop on the Microstructure of Financial Markets, September 14-15, 2007.
• Referee activity: Journal of International Economics; Journal of Business and Economic Statistics; Journal of International Money and Finance; Oxford Economic Papers; Journal of Banking and Finance; Journal of Futures Markets; Journal of Empirical Finance
  

• Professor Steinar Holden, Department of Economics, University of Oslo
  Email: steinar.holden@econ.uio.no. Phone: +47 22 85 51 56
• Professor Richard K. Lyons, UC Berkeley
  Email: lyons@haas.berkeley.edu. Phone: +1 (510) 642 1059
• Professor Lucio Sarno, University of Warwick
  Email: lucio.sarno@warwick.ac.uk. Phone: +44 (0)2476 528219