Daniel K Dimitrov

👋 Welcome to my personal page. I’m a financial researcher and risk manager at De Nederlandsche Bank’s Financial Markets division. My research covers areas in climate risk, macro-finance, asset pricing, financial stability, and overall risk management. I am also affiliated with the University of Amsterdam.

📧 You can reach me at daniel.k.dimitrov@gmail.com.

đź“„ You can find my Job Market Paper here: Climate Linked Bonds

This page shares my ongoing research projects. The views expressed here do not necessarily correspond to those of the central bank.


Book Chapters

  • Central Bank Capital and Shareholder Relationship (with M. Bonetti, D. Broeders, D. Chen). Forthcoming in Central Bank Capital in Turbulent Times View Paper. Presented at DNB Workshop on Central Bank Capital in Turbulent Times; CEBRA; OeNB and SUERF Annual Economic Conference Vienna.

đź“ť Working Papers (2023-24)

  • Climate-Linked Bonds (w/ D. Broeders and N. Verhoeven)View Paper.
  • Macroprudential Regulation: A Risk Management Approach (with Sweder van Wijnbergen). View Paper, Code. Prensetend at the Univerisity of Amsterdam, De Nederlandsche Bank, ECB Bank Supervision Research Seminar Series, IRMC, IFABS, ESCB Research Cluster on Financial Stability, MPPG Wroking Group Seminar Series, Bank of Finland RiskLab Conference on AI and Systemic Risk Analytics
  • Quantifying Systemic Risk in the Presence of Unlisted Banks: Application to the European Banking Sector (with Sweder van Wijnbergen). View Paper, Slides. Presented at DNB Seminar Series; University of Amsterdam; IFABS; ESCB Financial Stability Research Cluster; EuroSystem’s MPAG workshop; Bulgarian Council for Economic Analyses Annual Conference
  • Strategic Asset Allocation with Private Assets: Untangling Illiquidity. View Initial Draft Presented at Market Microstructure Summer School Stochholm; QFFE 2024; MAF 2024; Netspar 2024
  • Intergenerational Risk Sharing with Market Liquidity Risk (with Sweder van Wijnbergen). View Paper, Slides. Presented at the University of Amsterdam; KVS New Paper Series.
  • Quantifying Systemic Risk in the Presence of Unlisted Banks: Application to the Dutch Financial Sector. View Paper, Slides

🚀 Ongoing Projects

  • Climate risk with deep uncertainty: stress-testing the financial sector w/Sweder van Wijnbergen
  • Credit-Based Expected Equal Impact for Capital Buffer Calibration w/Sweder van Wijnbergen
  • Measuring Financial Fragmentation w/Maurice Bun; Jan Kakes

🎓 Ph.D. Thesis

A graduate from the University of Amsterdam, supervised by Prof. Roel Beetsma and Prof. Sweder van Wijnbergen. My Ph.D. thesis, “Three essays on the optimal allocation of risk”, discusses asset allocation, illiquidity, intergenerational risk sharing, and systemic risk for financial institutions.