
SDG 4: Quality Education - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Dr. Dunbar is currently a tenured Associate Professor of Finance at WPI. In addition to his extensive experience in teaching and research, he has a wealth of industry experience working with several fortune 500 companies in various capacities.
Professor Dunbar's research has appeared in leading economics and finance journals such as Quantitative Finance, Economic Modeling, International Review of Financial Analysis, and Research in International Business and Finance, amongst others. His research has received considerable attention via citations, and he regularly presents his work at leading international conferences and writes media pieces. His current research examines Blockchain assets for Social Good and Sustainability. His primary research focus is empirical asset pricing, and cryptocurrencies, with a focus on FinTech and futures markets. His transformational work has contributed to various areas in finance that focus on digital assets, financial technologies, and digital transformation from the perspectives of finance and economics
Dr. Dunbar is currently a tenured Associate Professor of Finance at WPI. In addition to his extensive experience in teaching and research, he has a wealth of industry experience working with several fortune 500 companies in various capacities.
Professor Dunbar's research has appeared in leading economics and finance journals such as Quantitative Finance, Economic Modeling, International Review of Financial Analysis, and Research in International Business and Finance, amongst others. His research has received considerable attention via citations, and he regularly presents his work at leading international conferences and writes media pieces. His current research examines Blockchain assets for Social Good and Sustainability. His primary research focus is empirical asset pricing, and cryptocurrencies, with a focus on FinTech and futures markets. His transformational work has contributed to various areas in finance that focus on digital assets, financial technologies, and digital transformation from the perspectives of finance and economics
SDG 4: Quality Education - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
SDG 7: Affordable and Clean Energy - Ensure access to affordable, reliable, sustainable and modern energy for all
SDG 9: Industry, Innovation, and Infrastructure - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
SDG 11: Sustainable Cities and Communities - Make cities and human settlements inclusive, safe, resilient and sustainable
SDG 12: Responsible Consumption and Production - Ensure sustainable consumption and production patterns
SDG 13: Climate Action - Take urgent action to combat climate change and its impacts
Professor Dunbar's research focuses on asset pricing, futures markets, fintech and the impact of environmental, social, and government policy on investment.
Featured Works:
Dunbar, K., Treku, D., Owusu-Amoako, J., (2025). The decentralization enigma in DeFi: Impact of U.S. federal funds rate changes,
The British Accounting Review, 2025, 101613, ISSN 0890-8389, https://doi.org/10.1016/j.bar.2025.101613.
Dunbar, K., Treku, D., (2025). Do energy transition investment flows aid climate commitments?, Energy Economics, Volume 142, 2025, 108163, ISSN 0140-9883, https://doi.org/10.1016/j.eneco.2024.108163.
Dunbar*, K. and Treku*, D., (2024). Dunbar, K., Owusu-Amoako, J., Treku, D., (2024). Unveiling the Nexus: Carbon finance and climate technology advancements, International Review of Financial Analysis, Volume 96, Part A, 2024, 103658, ISSN 1057-5219, https://doi.org/10.1016/j.irfa.2024.103658.
Dunbar*, K. and Treku*, D., (2024). Examining the impact of a central bank digital currency on the access to banking, International Review of Financial Analysis, Volume 93, 2024, 103220, ISSN 1057-5219, https://doi.org/10.1016/j.irfa.2024.103220.
Dunbar*, K., Sarkis*, J., and Treku*, D., (2024). FinTech for environmental sustainability: Promises and pitfalls, One Earth, Volume 7, Issue 1, 2024, Pages 23-30, ISSN 2590-3322, https://doi.org/10.1016/j.oneear.2023.12.012.
Dunbar*, K., and Owusu-Amoako (2023). Predicting inflation expectations: A habit-based explanation under hedging. International Review of Financial Analysis. Volume 89, 102816, https://doi.org/10.1016/j.irfa.2023.102816.
Jackson*, D., Dunbar*, K., Sarkis*, J., and Sarnie, R., (2023). Advancing Fintech through a transdisciplinary approach. I-Science. Vol. 26, Issue 9, 107694, https://doi.org/10.1016/j.isci.2023.107694.
Dunbar, K., Treku, D., Sarnie, R., and Hoover, J., (2023). What does ESG risk premia tell us about mutual fund sustainability levels: A difference-in-differences analysis. Finance Research Letters, Volume 57, 104262, https://doi.org/10.1016/j.frl.2023.104262.
Dunbar, K., and Owusu-Amoako (2023). Role of hedging on crypto returns predictability: A new habit-based explanation. Finance Research Letters, Volume 55, Part B, 104009, https://doi.org/10.1016/j.frl.2023.104009.
Dunbar, K., and Owusu-Amoako (2023). Predictability of crypto returns: The impact of trading behavior. Journal of Behavioral and Experimental Finance, Volume 39, 100812, https://doi.org/10.1016/j.jbef.2023.100812.
Dunbar, K., and Owusu-Amoako (2023). Predicting inflation expectations: A habit-based explanation under hedging. International Review of Financial Analysis. Volume 89, 102816, https://doi.org/10.1016/j.irfa.2023.102816.
Dunbar, K., (2023). CBDC uncertainty: Financial market implications. International Review of Financial Analysis. Volume 87, 102607, https://doi.org/10.1016/j.irfa.2023.102607.
Jackson, D., Dunbar, K., Sarkis, J., and Sarnie, R., (2023). Advancing Fintech through a transdisciplinary approach. I-Science. Vol. 26, Issue 9, 107694, https://doi.org/10.1016/j.isci.2023.107694.
Dunbar, K. (2021). Pricing the hedging factor in the cross-section of stock returns. The North American Journal of Economics and Finance, 56, 101376. https://doi.org/10.1016/j.najef.2021.101376
Dunbar, K. (2022). Impact of the COVID-19 event on U.S. banks’ financial soundness. Research in International Business and Finance, 59, 101520. https://doi.org/10.1016/j.ribaf.2021.101520
Dunbar, K., & Jiang, J. (2020). What do movements in financial traders’ net long positions reveal about aggregate stock returns? The North American Journal of Economics and Finance, 51, 100908. https://doi.org/10.1016/j.najef.2019.01.005
Dunbar, K., & Owusu-Amoako, J. (2021). The impact of hedging on risk-averse agents’ output decisions. Economic Modelling, 104, 105638. https://doi.org/10.1016/j.econmod.2021.105638
Dunbar, K., & Owusu-Amoako, J. (2022a). Cryptocurrency returns under empirical asset pricing. International Review of Financial Analysis, 82, 102216. https://doi.org/10.1016/j.irfa.2022.102216
Dunbar, K., & Owusu-Amoako, J. (2022b). Hedging the extreme risk of cryptocurrency. The North American Journal of Economics and Finance, 63, 101813. https://doi.org/10.1016/j.najef.2022.101813