Ciprian is interested in topics from the fields of option pricing, risk management, and macroeconomic modeling. He was involved as a researcher or as a principal investigator in several national and international projects financed by the Romanian Government and international organizations such as the World Bank.
Some of his earlier achievements consists in developing an option pricing model in an environment driven by the Fractional Brownian Motion, in obtaining an option pricing formula in the context of a general equilibrium model with jumps, in quantifying the premium for a recapitalization fund using option pricing tools, in investigating various phenomena in Eastern European emerging markets, as well as in contributing to the estimation and implementation of macroeconomic models dealing with a large spectrum of investigations such as the assessment of the cyclical position of the economy, the impact of the capital account liberalization, or the effect of the pension reform in Romania.
His recent research is focused on developing novel option pricing models and methods and on modeling heterogeneity in finance in a tractable manner.