ISEG, Universidade de Lisboa | Portugal
Prof. Raquel M. Gaspar is an Associate Professor of Finance with Habilitation at ISEG – Universidade de Lisboa, where she coordinates the Scientific Area of Finance and the Master in Finance program. She earned her PhD in Finance from the Stockholm School of Economics in 2006, focusing on credit risk and forward price models under the supervision of Prof. Tomas Björk, following an MSc in Mathematics Applied to Economics and Management from ISEG. Her research interests include mathematical and computational finance, credit risk modeling, asset pricing, stochastic processes, portfolio management, and risk analysis. Prof. Gaspar has extensive teaching experience at ISEG and internationally, including Stockholm Business School and Universidad Complutense de Madrid. She has supervised multiple PhD and MSc theses in finance and actuarial science, with an emphasis on quantitative methods and applied finance. Her scientific contributions are reflected in 329 citations, an h-index of 10, and 13 i10-index publications, according to Google Scholar. She has authored several pedagogical materials and textbooks and participates actively in research projects under CEMAPRE/REM. Recognized for her pedagogical innovation and leadership, Prof. Gaspar continues to contribute to the development of financial education and quantitative finance research in Portugal and abroad.
Profiles : Scopus | Orcid
Featured Publications
Gaspar, R. M., & Silva, P. M. (2023). Investors’ perspective on portfolio insurance: Expected utility vs prospect theories. Portuguese Economic Journal.
França, R., & Gaspar, R. M. (2023). On the bias of the unbiased expectation theory. Mathematics.
Gaspar, R. M., & Khapko, M. (2023, October). In memoriam: Tomas Björk (1947–2021), on his career and beyond. Finance and Stochastics.
Almeida, J., & Gaspar, R. M. (2023, July 25). Portfolio performance of European target prices. Journal of Risk and Financial Management.
Céu, M. S., & Gaspar, R. M. (2022, December 21). Vegetative cycle and bankruptcy predictors of agricultural firms. Agricultural Economics (Zemědělská ekonomika), 0139-570X / 1805-9295.