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and Economic SciencesComenius University Bratislava
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Faculty of social and economic sciences CU > Departments > Institutes > Institute of Economics > Research focus

Research focus

The Institute’s main academic focus is on deepening theoretically driven knowledge in the field of economics with strong implications for an economic and financial practice. The unique blend of three core academic areas - economic theory, quantitative modelling, and economic practice – is manifested in the structure of the three-level education framework. The first core area includes several courses in macroeconomics (DSGE modeling, CGE modeling) and microeconomics (competition models, game theory) at advanced level. The second core area includes several courses in econometrics (cointegration, probability models), operations research or multicriteria decision making process at advanced level. The third core area focuses on topics relevant to the financial industry (bank risk management, portfolio management) and the public sector (pension systems, fiscal sustainability).  

Research flagship areas. The core research areas actively pursued at the Institute, which are unique at the national and international levels, include:

i) focus on research on inter-generational flows of resources (Domonkos – Intergeneration Accounts Network) with relation to fiscal-related issues (pension systems – Sebo, Domonkos, Mitkova, intergenerational transfers - Domonkos, role of migration and associated fiscal costs – Janosova, Mitkova, Domonkos, intergenerational fairness and inequality – Domonkos, Siranova),

ii) macro-finance field (monetary policy, monetary-fiscal nexus, bank competition - Siranova, Domonkos; financial investments – Mlynarovic, Kamal, Siranova; macroeconomic imbalances and financial crisis prediction models – Domonkos, Siranova).

In the identified flagship research areas, the Institute’s core team published in a high-quality journals in the fields of theoretical and applied macroeconomics (Journal of the Economics of Ageing, Economic Systems, Empirical Economics), economic modelling (Economic Modelling, Journal of Economic Dynamics and Control), or finance and banking (Journal of Financial Stability, European Journal of Finance, Financial Innovation).    

Research grant performance. During its relatively short period of independence, the Institute has achieved great success in competitive research grant schemes at the national (Slovak Research and Development Agency) and international (Interreg Austria-Slovakia) levels. The list of currently ongoing research grants:

1. VV-MVP-24-0395, Slovak National Grant Agency, 2025-2028, leader – Elham Kamal, topic: How Climate Policy and Strategic Behaviour Can Ensure Financial Stability

2. VEGA 1/0523/26, Slovak Grant Agency VEGA, 2026-2028, leader – Elham Kamal, topic: From Carbon Pricing to Financial Stability

3. Cross –Prehab, Interreg SK- AT (Slovak-Austrian cooperation), 2024-2027, leader – Tomas Domonkos, topic: Socio-economic impact of preoperative rehabilitation for hip replacement surgery

4. APVV-22-0526, Slovak National Grant Agency, 2023-2027, leader – Veronika Mitkova, topic: Fiscal and economic effects of immigration in Slovakia (integrated modelling approach)

The quality of the research output produced by the Institute’s core team (in bold) can be assessed by its list of highly ranked publications over the last five years. Strong inter-institutional (Slovak Academy of Sciences) and international cooperation is evident through co-authorships with scholars affiliated with reputable foreign institutions (e.g., Charles University in Prague, the University of Passau, the University of London). The list of high-quality research articles includes:

1. Horvath, R. - Horvatova, E. - Siranova, M. The Determinants of Financial Development: Bayesian Model Averaging Evidence. In Economic Systems, 2025, 49(2), 101274.

2. Kamal, E. - Jalkh, N. - Bouri, E. Inflation expectations and the stock-bond nexus in the US: hedging implications, The European Journal of Finance, 2025, 31 (6), 671-695.

3. Kamal, E. - Bouri, E. Green bond, stock, cryptocurrency, and commodity markets: a multiscale analysis and portfolio implications, 2025, Financial Innovation 11 (1), 100

4. Domonkos, S.- Domonkos, T. - Janosova, M. The impact of ageing on economic dependency in Slovakia : An application of the Slovak national transfer accounts. In Journal of the economics of ageing, 2024, vol. 28, art. no. 100516.

5. Domonkos, T. - Fisera, B. - Siranova, M. Income inequality as long-term conditioning factor of monetary transmission to bank rates. In Economic modelling, 2023, vol. 128, art. no. 106492.

6. Bouri, E.  -  Kamal, E. – Kinateder, H. FTX collapse and systemic risk spillovers from FTX token to major cryptocurrencies. Finance Research Letters, 2023, 56, 104099.

7. Kamal, E. – Bouri, E. Dependence structure among rare earth and financial markets: A multiscale-vine copula approach, Resources Policy, 2023, 83, 103626

8. Psaradakis, Z. - Vavra, M.  Using Triples to Assess Symmetry Under Weak Dependence, Journal of Business and Economics Statistics, 2022, 40(4), pp. 1538–1551.

9. Domonkos, T. - Ostrihon, F. - Konig, B. Hurdling through the great recession : winners and losers among post-communist EU countries in pro-poor growth. In Empirical Economics, 2021, vol. 60, iss. 2, pp. 893–918.