Our faculty
Dr. Paulo Viegas de Carvalho
Lecturer in Finance
Dr. Paulo Viegas de Carvalho is a seasoned academic and finance professional with a Ph.D. in Finance from ISCTE Business School and a diverse teaching background across institutions such as ISCTE, ISCAL, and others in Portugal and internationally. His research spans credit and market risk, financial markets, and ESG, with publications in leading journals including the Journal of Risk, Resources Policy, and the International Journal of Finance & Economics.
In parallel with his academic career, Dr. Carvalho has led the development of advanced analytical risk models for Portugal and Spain’s leading financial information agencies. He has also served as a consultant to banks, regulatory bodies, and international organizations such as the World Bank. His executive education work includes designing and delivering programs for central banks and financial institutions on topics such as market and credit risk, ESG, climate finance, and financial analysis. His career bridges academic rigor with impactful real-world financial solutions.
Research Interests
- Credit Risk
- Market Risk
- ESG
- Financial Markets
- Corporate Finance
Current teaching
- AC1025 Principles of accounting
Select Publications
Peer Reviewed Articles
Carvalho, P. V., Pinheiro, C., Rodrigues, M. S. (2024). The impact of the Fundamental Review of the Trading Book: Evaluation on a stylized portfolio. Journal of Risk. 26(3): 49-73. https://doi.org/10.21314/JOR.2023.014
Vieira, D. S., Carvalho, P. V., Curto, J. D., Laureano, L. (2023). Gold’s hedging and safe haven properties for European stock and bond markets. Resources Policy. 85, Part A, 103817. https://doi.org/10.1016/j.resourpol.2023.103817
Carvalho, P. V., Ferrão, J., Alves, J., Sarmento, M. (2023). The informational value contained in the different types of auditor’s opinions: Evidence from Portugal. Cogent Economics and Finance. 11(1). https://doi.org/10.1080/23322039.2022.2162688
Carvalho, P. V., Shah, S. S. H., Zaheer, A., Mata, M. N., Lourenço, A. M. (2022). The effect of inventory leanness on firms’ credit ratings: The case of Pakistan. Risks. 10(12): 226. https://doi.org/10.3390/risks10120226
Carvalho, P. V., Curto, J. D., & Primor, R. (2022). Macroeconomic determinants of credit risk: Evidence from the Eurozone. International Journal of Finance & Economics. 1–19. https://doi.org/10.1002/ijfe.2259
Veríssimo, P., Carvalho, P. V., Laureano, L. (2021). Asymmetries in the Euro Area banking profitability. 2019. The Journal of Economic Asymmetries. 24, e00224. https://doi.org/10.1016/j.jeca.2021.e00224
Adebayo, T. S., Coelho, M. C., Onbaşıoğlu, D. Ç., Rjoub, H., Mata, M. N., Carvalho, P. V., Rita, J. X., Adeshola, I. (2021). Modeling the Dynamic Linkage between Renewable Energy Consumption, Globalization, and Environmental Degradation in South Korea: Does Technological Innovation Matter? Energies. 14 (4265). https://doi.org/10.3390/en14144265
Books
Carvalho, P.V. (2009). Fundamentos da Gestão de Crédito – Uma contribuição para o valor das organizações. Edições Sílabo.
