David G. McMillan is a Professor of Finance at the University of Stirling, UK. His research interests are in empirical financial economics, and include forecasting asset returns and volatility, modelling the linkages between asset prices and macroeconomic variables and examining the behaviour of financial and investor ratios. David has published widely on these topics in internationally respected peer-reviewed journals such as the Journal of Banking and Finance and the Oxford Bulletin of Economics and Statistics . He is a senior editor for the Cogent Economics and Finance and Cogent Business and Management journals and sits of the editorial board of several internationally respected journals, including the European Journal of Finance and the Journal of Asset Management .