Dr Ayesha Scott

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Senior Lecturer

Email: ayesha.scott@aut.ac.nz

ORCID: ORCID logo https://orcid.org/0000-0002-0777-3298

Links to relevant web pages:

Qualifications:

  • PhD, Queensland University of Technology

Overview:

Ayesha joined the AUT Business School, Finance Department in October 2016. She obtained her PhD in Financial Econometrics in July 2016 from Queensland University of Technology (QUT), Australia, and has undergraduate degrees in Mathematics and Finance. Prior to academia, Ayesha worked as an administrator for a small superannuation fund based in Brisbane. Under the guidance of the investment manager of the fund, she developed an interest in finance. Coupled with passions for teaching and math, a career as a lecturer seemed the obvious choice. Ayesha is a dedicated educator and prides herself on providing an inclusive learning environment that facilitates student excellence. Her approach has been recognised with the receipt of a QUT Faculty Vice-Chancellor Performance Award – Sessional Teacher Award in 2010 and an AUT Business School Teaching Commendation in 2017.

Research interests:

Ayesha is an interdisciplinary researcher, with an agenda that spans violence against women, empirical finance, personal finance and financial econometrics. Her work (particularly on KiwiSaver and personal finance) has generated media interest within Aotearoa New Zealand, and you will find her commentary in outlets such as the NZ Herald and stuff.co.nz.
Ayesha is passionate about healthy financial relationships and has ongoing projects exploring the impact of financial and economic abuse in the context of intimate partnerships. This is a critical social issue that must be addressed in NZ and internationally, and her current work aims to give voice to women facing this evasive, invasive and poorly understood form of intimate partner violence.
She is also interested in the personal financial literacy and capability of New Zealanders, including vulnerable populations, and how we might improve the financial fitness of individuals. Poor financial literacy (knowledge of financial concepts) and capability (the ability to use that knowledge to make better decisions) has a significantly negative social and economic impact on a nation, both in terms of the macro economy and individual welfare.
Broadly, her doctoral research focused on the volatility and correlation dynamics of financial assets such as stocks. The near-continuous flow of price and trade data of financial assets presents researchers with opportunities, as well as unique challenges, to capture the return dynamics of these assets individually and as a group. Such models may lead to insights regarding optimal portfolio allocation decisions, information that will directly benefit investors.


Financial abuse and healthy financial relationships
Women and finance/money
Financial capability and education
KiwiSaver
Optimal investor decision making
Volatility and correlation modelling of asset returns

Current Research Projects:
Financial Literacy and Capability
Financial Abuse
Financial education (life readiness)
Readability of KiwiSaver documents
Intraday Correlation of Equity Returns

Teaching summary:

Introductory Finance
Applied Research Project

    Research outputs:

    Featured research outputs

    • Gilbert, A., Scott, A., & Xu, S. (2019). Economies of scale: The case of KiwiSaver fees. Pacific Accounting Review, 31(4), 695-710. doi:10.1108/PAR-04-2019-0040

    • Scott, A., & Gilbert, A. (2019). How New Zealanders miss out on hundreds of thousands in retirement savings. Retrieved from https://theconversation.com/

    • Clements, A., Scott, A., & Silvennoinen, A. (2019). Volatility-dependent correlations: Further evidence of when, where and how. Empirical Economics, 57, 505-540. doi:10.1007/s00181-018-1473-0

    • Scott, A. (2018). Have you caught sexually transmitted debt?. Retrieved from https://www.junoinvesting.co.nz/

    • Gilbert, A., & Scott, A. (2017). Short and sweet or just short? The readability of product disclosure statements. Applied Finance Letters, (1). doi:10.24135/afl.v6iI.79

    • Clements, A., Scott, A., & Silvennoinen, A. (2015). On the benefits of equicorrelation for portfolio allocation. Journal of Forecasting, 34(6). doi:10.1002/for.2357

    Journal articles

    • Gilbert, A., Scott, A., & Xu, S. (2019). Economies of scale: The case of KiwiSaver fees. Pacific Accounting Review, 31(4), 695-710. doi:10.1108/PAR-04-2019-0040

    • Clements, A., Scott, A., & Silvennoinen, A. (2019). Volatility-dependent correlations: Further evidence of when, where and how. Empirical Economics, 57, 505-540. doi:10.1007/s00181-018-1473-0

    • Gilbert, A., & Scott, A. (2017). Short and sweet or just short? The readability of product disclosure statements. Applied Finance Letters, (1). doi:10.24135/afl.v6iI.79

    • Clements, A., Scott, A., & Silvennoinen, A. (2015). On the benefits of equicorrelation for portfolio allocation. Journal of Forecasting, 34(6). doi:10.1002/for.2357

    Conference contributions

    • Gilbert, A., Scott, A., & Xu, S. (2019). Economies of Scale: The Case of KiwiSaver Fees. In 23rd Annual (2019) New Zealand Finance Colloquium. Lincoln University: Lincoln University.

    • Clements, A., Scott, A., & Silvennoinen, A. (2016). Modelling intraday correlations using multivariate GARCH. In Abstracts (pp. 25). Auckland: Auckland Centre for Financial Research. Retrieved from https://acfr.aut.ac.nz/

    Theses

    • Scott, A. (2016). Contributions to modelling correlations in financial econometrics. (Queensland University of Technology, Brisbane, Australia). Retrieved from http://eprints.qut.edu.au/97634/

    Working paper/discussions

    Other outputs