On this page, I share my list of publications and ongoing working papers. As an early-career researcher, the list is still relatively short, but I look forward to expanding it in the near future.
Publications
- Dirkx P.A. and Heil T.L.A. (2022), Investment factor timing: Harvesting the low-risk anomaly using artificial neural networks, Expert Systems with Applications, Volume 189, DOI:10.1016/j.eswa.2021.116093
- Heil T.L.A., Peter F.J., and Prange P. (2022), Measuring 25 years of global equity market co-movement using a time-varying spatial model, Journal of International Money and Finance, Volume 128, DOI:10.1016/j.jimonfin.2022.102708
Working Papers
- Heil T.L.A. (2025), Seeing Volatility: Leveraging a Mixed-Frequency Cnn-Lstm Network and Intraday Images for Volatility Prediction, DOI:10.2139/ssrn.4584108
- Betz N., Heil T.L.A., and Peter F.J. (2025), The Best of Both Worlds? Predicting Realized Volatility Based on Convolutional Neural Nets and Coloured Intraday Return Images, DOI:10.2139/ssrn.4584108
- De Martiis A., Heil T.L.A., and Peter F.J. (2025), Are you a Zombie Firm? An Early Warning System Based on Machine Learning Methods, DOI:10.2139/ssrn.3625473
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