Science Explorer Interactive view Map
Topic · Finance

Financial Risk and Volatility Modeling

Financial Risk and Volatility Modeling is a research topic within Finance. Science Explorer counts 32k research works in it since 1951. 26.4% of them reached the world's top 10% most cited for their field and year.

This cluster of papers focuses on modeling and forecasting financial volatility, including topics such as GARCH models, copula modeling, stochastic volatility, contagion, dependence, realized volatility, and risk management in the context of market integration.

  • Volatility
  • GARCH Models
  • Copula Modeling
  • Stochastic Volatility
  • Contagion
  • Dependence
  • Realized Volatility
  • Risk Management
  • Multivariate Analysis
  • Market Integration
Research works
32k
fractional, since 1951
In the world top 10%
8.5k
per year above
Top-10% rate
26.4%
share of its works in the world top 10%
Growth, 2013–17 → 2018–22
-5%
the tick is no change

Which countries lead Financial Risk and Volatility Modeling research?

By volume, China and the United States publish the most (867 and 526 works in 2022–2025).

By volume, 2022–2025

  1. 1 China 867 works
  2. 2 United States 526 works
  3. 3 India 229 works
  4. 4 United Kingdom 227 works
  5. 5 France 198 works
  6. 6 Germany 172 works
  7. 7 Italy 166 works
  8. 8 Türkiye 149 works
  9. 9 Canada 125 works
  10. 10 Japan 103 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

China: 31.4%United States: 19.0%India: 8.3%United Kingdom: 8.2%6 others listed: 33.0%31%largest
China867 · 31.4%United States526 · 19.0%India229 · 8.3%United Kingdom227 · 8.2%6 others listed912 · 33.0%

Shares of the rows listed above, not of the whole node.

Which institutions lead Financial Risk and Volatility Modeling research?

By volume in 2022–2025, Southwestern University of Finance and Economics publishes the most Financial Risk and Volatility Modeling research, followed by Zhejiang Gongshang University and Shanghai University of Finance and Economics.

Who are the leading researchers in Financial Risk and Volatility Modeling?

The most-cited researchers publishing on Financial Risk and Volatility Modeling include Eugene F. Fama, H. Vincent Poor and Robert F. Engle.

  1. 1 Eugene F. Fama United States 12k citations
  2. 2 H. Vincent Poor United States 9.5k citations
  3. 3 Robert F. Engle United States 8.7k citations
  4. 4 Tim Bollerslev United States 7.8k citations
  5. 5 H. Eugene Stanley United States 5.5k citations
  6. 6 Clive W. J. Granger United States 4.5k citations
  7. 7 Benoît B. Mandelbrot United States 4.2k citations
  8. 8 Campbell R. Harvey United States 4.2k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

Where is Financial Risk and Volatility Modeling research done?

The largest centres of Financial Risk and Volatility Modeling research in 2022–2025 are Beijing (China), Shanghai (China), London (United Kingdom) and Nanjing (China). Among places with at least 20 works in it, it is an unusually large share of all research in Palaiseau.

Largest cities, 2022–2025

  1. 1 Beijing China 133 works
  2. 2 Shanghai China 89 works
  3. 3 London United Kingdom 69 works
  4. 4 Nanjing China 60 works
  5. 5 Seoul South Korea 52 works
  6. 6 Chengdu China 50 works
  7. 7 Tokyo Japan 49 works
  8. 8 Hangzhou China 48 works
  9. 9 Paris France 48 works
  10. 10 Moscow Russia 45 works

Where it is the local speciality

  1. PalaiseauFR · 20.9 works10×
← less than its size predictsmore →

Location quotient: how much more of its research is in Financial Risk and Volatility Modeling than the world average.

See Financial Risk and Volatility Modeling on the map

Where is the best place to study Financial Risk and Volatility Modeling?

Among universities, judged by research, Southwestern University of Finance and Economics, Shanghai University of Finance and Economics and Zhejiang Gongshang University score highest, combining excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%25%50%75%mean 36.46%fractional works in this node (log) →share in the world top 10% →Southwestern University of Finance and Economics: 20, 17.7%Shanghai University of Finance and Economics: 16, 17.7%Zhejiang Gongshang University: 17, 25.6%Southwest Jiaotong University: 15, 69.0%University of Pretoria: 10, 49.1%Nanjing University of Finance and Economics: 8, 47.7%Chiang Mai University: 11, 31.0%University of International Business and Economics: 9, 36.8%University of Sfax: 9, 43.7%Central University of Finance and Economics: 10, 26.3%Southwest Jiaotong U…Zhejiang Gongshang U…Southwestern Univers…Shanghai University …
above the meannear itbelow it

One dot per university in the table below. The upper left is the interesting corner: small places doing unusually strong work.

#UniversityScoreTop 10%SpecialisationWorksGrowth
1 Southwestern University of Finance and EconomicsChina 64.817.7%31.2×20 +136.4%
2 Shanghai University of Finance and EconomicsChina 58.417.7%35.2×16 +111.1%
3 Zhejiang Gongshang UniversityChina 57.425.6%24.7×17 +26.0%
4 Southwest Jiaotong UniversityChina 57.069.0%4.3×15 +8.0%
5 University of PretoriaSouth Africa 55.249.1%5.2×10 +220.4%
6 Nanjing University of Finance and EconomicsChina 54.047.7%13.9×8 +89.8%
7 Chiang Mai UniversityThailand 53.231.0%7.7×11 +174.4%
8 University of International Business and EconomicsChina 52.236.8%21.7×9 +58.7%
9 University of SfaxTunisia 48.143.7%8.1×9 -5.8%
10 Central University of Finance and EconomicsChina 46.226.3%19.7×10 +27.6%

Universities only. Score blends excellence (30%), specialisation (25%), size (20%), growth (15%) and international reach (10%), 2015–2022; growth compares 2010–14 with 2015–19.

Is Financial Risk and Volatility Modeling research growing?

Output in 2018–2022 was 5% lower than in 2013–2017, peaking in 2014. The fastest-growing topics are Financial Risk and Volatility Modeling.

19801990200020102020
grewheldshrank

The same series as a ribbon — one cell per year, darker for more. The line above answers how much; this answers when.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.