Daniel K Dimitrov
👋 Welcome to my personal page. I’m a financial researcher at De Nederlandsche Bank’s Financial Stability division. My research covers areas in asset pricing, financial stability, and overall risk management. I also teach at the University of Amsterdam where I obtained my PhD.
📧 You can reach me at daniel.k.dimitrov@gmail.com.
This page shares my ongoing research projects. The views expressed here do not necessarily correspond to those of the central bank.
Peer-reviewed publications
- Quantifying Systemic Risk in the Presence of Unlisted Banks: Application to the European Banking Sector (with Sweder van Wijnbergen) 🛠️ View Paper, 💡Slides. Forthcoming 2026 at the International Journal of Central Banking. 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, Bank of Finland RiskLab Conference on AI and Systemic Risk Analytics
Book Chapters
- Central Bank Capital and Shareholder Relationship (with M. Bonetti, D. Broeders, D. Chen) in Central Bank Capital in Turbulent Times, 2025. Presented at DNB Workshop on Central Bank Capital in Turbulent Times; CEBRA; OeNB and SUERF Annual Economic Conference Vienna.
📝 Working Papers (2023-25)
- Strategic Asset Allocation with Private Assets: Untangling Illiquidity. 🛠️ DNB Working Paper, 💡 Slides , ➡️ Python Code Presented at Market Microstructure Summer School Stochholm 2021; QFFE 2024; MAF 2024; Netspar 2024
- Climate-Linked Bonds (w/ D. Broeders and N. Verhoeven) 🛠️ ECB Working Paper. Presented at 2025 ESM–SUERF–Bruegel Workshop, 2025 Maastricht University Workshop on Finance for a (Climate) Resilient Economy, the 2025 Energy and Climate Economics and Business Days at the University of Groningen, EGU25, Netspar 2025, 2025 Dutch Sustainable Finance Network, 2025 HEC-HKUST Sustainable Finance Workshop Paris
- 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
- 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
🎓 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.