Professor Marina Eliza Spaliara

  • Professor (Economics)

telephone: 01413307596
email: Marina.Spaliara@glasgow.ac.uk

Room 663, Hewden Stewart Rooms, Main Building, Glasgow G12 8QQ

ORCID iDhttps://orcid.org/0000-0002-6500-8666

Biography

Marina holds a PhD in Economics from the University of Nottingham. Prior to joining the University of Glasgow in 2011, she was a lecturer in Economics at Loughborough University. She is affiliated with Kiel Institute for the World Economy and the Centre for Finance and Credit Markets.

Research interests

Marina is a member of the Finance research cluster.

Areas of expertise

  • Financial economics
  • International economics
  • Macroeconomics
  • Firm performance

Marina's research is centred around the area of financial economics with a particular focus on firms' real and financial decisions under financial frictions.  Her recent research has looked at the impact of credit constraints on firms' K/L ratio; the link between financial constraints and firms' export market participation decisions; firms' exporting decisions on corporate failures and the role of bond finance in firms' survival in Asia.

Research-based policy analysis and commentaries

Görg, H. and Spaliara, M.E. (September 2013), Export-market exit during the crisis: Evidence from the UK, VoxEU.

Publications

List by: Type | Date

Jump to: 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009
Number of items: 22.

2022

Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2022) International bank credit, nonbank lenders, and access to external financing. Economic Inquiry, (doi: 10.1111/ecin.13078) (Early Online Publication)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2022) Private equity and bank capital requirements: evidence from European firms. British Journal of Management, (doi: 10.1111/1467-8551.12593) (Early Online Publication)

2021

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Project Report. SUERF.

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Working Paper. Bank for International Settlements.

Lavery, P. , Serena, J.-M., Spaliara, M. E. and Tsoukas, S. (2021) Private Equity Buyouts, Credit Constraints, and Firm Exports. Working Paper. EconPapers.

2019

Farinha, L., Spaliara, M.-E. and Tsoukas, S. (2019) Bank shocks and firm performance: new evidence from the sovereign debt crisis. Journal of Financial Intermediation, 40, 100818. (doi: 10.1016/j.jfi.2019.01.005)

2018

Görg, H. and Spaliara, M.-E. (2018) Export market exit and financial health in crises periods. Journal of Banking and Finance, 87, pp. 150-163. (doi: 10.1016/j.jbankfin.2017.08.004)

2017

Spaliara, M. E. and Tsoukas, S. (2017) Corporate failures and the denomination of corporate bonds: Evidence from emerging Asian economies over two financial crises. Journal of International Financial Markets, Institutions and Money, 46, pp. 84-97. (doi: 10.1016/j.intfin.2016.08.005)

2016

Guariglia, A., Spaliara, M. E. and Tsoukas, S. (2016) To what extent does the interest burden affect firm survival? Evidence from a panel of UK firms during the recent financial crisis. Oxford Bulletin of Economics and Statistics, 78(4), pp. 576-594. (doi: 10.1111/obes.12120)

Byrne, J. P., Spaliara, M. E. and Tsoukas, S. (2016) Firm survival, uncertainty and financial frictions: is there a financial uncertainty accelerator? Economic Inquiry, 54(1), pp. 375-390. (doi: 10.1111/ecin.12240)

2014

Görg, H. and Spaliara, M.-E. (2014) Financial health, exports, and firm survival: evidence from UK and French firms. Economica, 81(323), pp. 419-444. (doi: 10.1111/ecca.12080)

Görg, H. and Spaliara, M. E. (2014) Exporters in the financial crisis. National Institute Economic Review, 228(1), R49-R57. (doi: 10.1177/002795011422800105)

Görg, H. and Spaliara, M. E. (2014) Exporters in the Financial Crisis. Working Paper. Kiel Institute for the World Economy.

Tsoukas, S. and Spaliara, M.E. (2014) Market implied ratings and financing constraints: evidence from US firms. Journal of Business Finance and Accounting, 41(1-2), pp. 242-269. (doi: 10.1111/jbfa.12062)

2013

Holger, G. and Spaliara, M.E. (2013) Export-Market Exit During the Crisis: Evidence from the UK. Technical Report. VoxEU.

Spaliara, M.E. and Tsoukas, S. (2013) What matters for corporate failures in Asia? Exploring the role of firm-specific characteristics during the Asian crisis. Structural Change and Economic Dynamics, 26, pp. 83-96. (doi: 10.1016/j.strueco.2012.12.002)

Görg, H. and Spaliara, M.E. (2013) Export market exit, financial pressure and the crisis. Working Paper. Centre for Economic Policy Research, London, UK.

2012

García-Vega, M., Guariglia, A. and Spaliara, M.E. (2012) Volatility, financial constraints, and trade. International Review of Economics and Finance, 21(1), pp. 57-76. (doi: 10.1016/j.iref.2011.05.003)

2011

Spaliara, M.E. (2011) Financial frictions and the K/L ratio in UK manufacturing. Economics Letters, 112(1), pp. 23-25. (doi: 10.1016/j.econlet.2011.03.015)

2010

Spaliara, M.E. and Tsoukas, S. (2010) The Role of Bond Finance in Firms’ Survival During the Asian Crisis. Working Paper. Hong Kong Institute for Monetary Research.

2009

Goerg, H. and Spaliara, M.E. (2009) Financial health, exports, and firm survival: A comparison of British and French firms. Working Paper. Centre for Economic Policy Research, London.

Spaliara, M.E. (2009) Do financial factors affect the capital-labour ratio? Evidence from UK firm-level data. Journal of Banking and Finance, 33(10), pp. 1932-1947. (doi: 10.1016/j.jbankfin.2009.05.010)

This list was generated on Thu May 19 12:08:18 2022 BST.
Jump to: Articles | Research Reports or Papers
Number of items: 22.

Articles

Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2022) International bank credit, nonbank lenders, and access to external financing. Economic Inquiry, (doi: 10.1111/ecin.13078) (Early Online Publication)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2022) Private equity and bank capital requirements: evidence from European firms. British Journal of Management, (doi: 10.1111/1467-8551.12593) (Early Online Publication)

Farinha, L., Spaliara, M.-E. and Tsoukas, S. (2019) Bank shocks and firm performance: new evidence from the sovereign debt crisis. Journal of Financial Intermediation, 40, 100818. (doi: 10.1016/j.jfi.2019.01.005)

Görg, H. and Spaliara, M.-E. (2018) Export market exit and financial health in crises periods. Journal of Banking and Finance, 87, pp. 150-163. (doi: 10.1016/j.jbankfin.2017.08.004)

Spaliara, M. E. and Tsoukas, S. (2017) Corporate failures and the denomination of corporate bonds: Evidence from emerging Asian economies over two financial crises. Journal of International Financial Markets, Institutions and Money, 46, pp. 84-97. (doi: 10.1016/j.intfin.2016.08.005)

Guariglia, A., Spaliara, M. E. and Tsoukas, S. (2016) To what extent does the interest burden affect firm survival? Evidence from a panel of UK firms during the recent financial crisis. Oxford Bulletin of Economics and Statistics, 78(4), pp. 576-594. (doi: 10.1111/obes.12120)

Byrne, J. P., Spaliara, M. E. and Tsoukas, S. (2016) Firm survival, uncertainty and financial frictions: is there a financial uncertainty accelerator? Economic Inquiry, 54(1), pp. 375-390. (doi: 10.1111/ecin.12240)

Görg, H. and Spaliara, M.-E. (2014) Financial health, exports, and firm survival: evidence from UK and French firms. Economica, 81(323), pp. 419-444. (doi: 10.1111/ecca.12080)

Görg, H. and Spaliara, M. E. (2014) Exporters in the financial crisis. National Institute Economic Review, 228(1), R49-R57. (doi: 10.1177/002795011422800105)

Tsoukas, S. and Spaliara, M.E. (2014) Market implied ratings and financing constraints: evidence from US firms. Journal of Business Finance and Accounting, 41(1-2), pp. 242-269. (doi: 10.1111/jbfa.12062)

Spaliara, M.E. and Tsoukas, S. (2013) What matters for corporate failures in Asia? Exploring the role of firm-specific characteristics during the Asian crisis. Structural Change and Economic Dynamics, 26, pp. 83-96. (doi: 10.1016/j.strueco.2012.12.002)

García-Vega, M., Guariglia, A. and Spaliara, M.E. (2012) Volatility, financial constraints, and trade. International Review of Economics and Finance, 21(1), pp. 57-76. (doi: 10.1016/j.iref.2011.05.003)

Spaliara, M.E. (2011) Financial frictions and the K/L ratio in UK manufacturing. Economics Letters, 112(1), pp. 23-25. (doi: 10.1016/j.econlet.2011.03.015)

Spaliara, M.E. (2009) Do financial factors affect the capital-labour ratio? Evidence from UK firm-level data. Journal of Banking and Finance, 33(10), pp. 1932-1947. (doi: 10.1016/j.jbankfin.2009.05.010)

Research Reports or Papers

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Project Report. SUERF.

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Working Paper. Bank for International Settlements.

Lavery, P. , Serena, J.-M., Spaliara, M. E. and Tsoukas, S. (2021) Private Equity Buyouts, Credit Constraints, and Firm Exports. Working Paper. EconPapers.

Görg, H. and Spaliara, M. E. (2014) Exporters in the Financial Crisis. Working Paper. Kiel Institute for the World Economy.

Holger, G. and Spaliara, M.E. (2013) Export-Market Exit During the Crisis: Evidence from the UK. Technical Report. VoxEU.

Görg, H. and Spaliara, M.E. (2013) Export market exit, financial pressure and the crisis. Working Paper. Centre for Economic Policy Research, London, UK.

Spaliara, M.E. and Tsoukas, S. (2010) The Role of Bond Finance in Firms’ Survival During the Asian Crisis. Working Paper. Hong Kong Institute for Monetary Research.

Goerg, H. and Spaliara, M.E. (2009) Financial health, exports, and firm survival: A comparison of British and French firms. Working Paper. Centre for Economic Policy Research, London.

This list was generated on Thu May 19 12:08:18 2022 BST.

Grants

  • Academic Returners Research Grant, (2015, 2018)
  • Adam Smith Research Foundation (2014)
  • SIRE (Scottish Institute for Research in Economics) Workshop Grant (2012)
  • SIRE (Scottish Institute for Research in Economics) Conference Grants (2011, 2012)
  • British Academic Research Grant (2011)
  • Carnegie Trust Research Grant (2011)
  • European Co-operation in Science and Technology Research Grants (2009, 2011)
  • British Academy Research Grant (2010)

Supervision

Supervisor-led PhD Scholarship

College of Social Sciences (CoSS) PhD Scholarship, 2017

Current PhD students

  • Goceljak III, George
    Implications of Brexit on Multinational Enterprise Strategies
  • Song, Huihui
    Princeling connections and corporate culture: a textual analysis

Teaching

Undergraduate

  • Financial markets and corporate finance
  • Financial markets and asset pricing

Postgraduate

  • Corporate finance and investment
  • Financial services

Additional information

Administration

  • Director of the Centre for Economic and Financial Studies, Adam Smith Business School (Economics)

Marina Spaliara


Marina Spaliara