Zhou, Yinggang





Biography Research Papers Research Projects


Yinggang Zhou is currently a Professor of Finance at Department of Finance at School of Economics, and Wang Yanan Institute for Studies in Economics (WISE), Xiamen University. He is also the associate director of WISE and executive director of Fubon Research Center for Cross-Strait Finance and Industry, Xiamen University. He obtained his Ph.D. in Economics and Finance from both Xiamen University in 2001 and Cornell University in 2007. He is awarded Chueng Kong Scholarship by Ministry of Education of China in 2015.
His research interests focus on investments, international finance and real estate. He has published in top ranked business and real estate journals, such as Management Science, Journal of Banking and Finance, Journal of Emprirical Finance, Journal of Futures Markets, Real Estate Economics, and Journal of Real Estate Finance and Economics. His research has won the best paper awards of Asia-Pacific Association of Derivatives, European Financial Management Associate and Global Chinese Real Estate Congress, and won Chicago Quantitative Alliance Asia (CQAsia) academic competition. His work has also been featured in policy publications/reports and newspaper coverage by Wall Street Journal, Bloomberg, and so on.
He was a visiting research fellow at Hong Kong Monetary Authority. Before he joined XMU, he worked in the business school of the Chinese University of Hong Kong (CUHK). Before CUHK, he was with Black Greek Global Advisors, a US-based fund management company, where he has managed global asset allocation in real estate securities.
Honglin Wang, Fan Yu, and Yinggang Zhou (2018), “Property Investment and Rental Rate under Housing Price Uncertainty: A Real-Options Approach,” Real Estate Economics, forthcoming.
Kalok Chan, Jian Yang, and Yinggang Zhou (2018), "Conditional Co-skewness and Safe Haven Currencies: A Regime Swithcing Approach," Journal of Empirical Finance, 48, 58-80.
Zihui Yang and Yinggang Zhou. (2017) “Quantitative Easing and Volatility Spillover across Countries and Asset Classes,Management Science 63, 333-354.
 Jie Li, Guangzhong Li, and Yinggang Zhou. (2015) “Do Securitized Real Estate Markets Jump? International Evidence,” Pacific-Basin Finance Journal, 31, p13-35.
Yinggang Zhou. (2014). “Modeling the Joint Dynamics of Risk Neutral Stock Index and Bond Yield Volatilities,” Journal of Banking and Finance, 38, p216-228.
Jian Yang and Yinggang Zhou. (2013). “Credit Risk Spillovers among Financial Institutions around the Global Credit Crisis: Firm-Level Evidence,” Management Science, 59, p.2343-2359.  
Jian Yang, Yinggang Zhou, and Wai Kin Leung. (2012). “Asymmetric Correlation and Volatility Dynamics among Stock, Bond and Securitized Real Estate Markets,” Journal of Real Estate Finance and Economics, 45, pp.491-521.  
Jian Yang, Zihui Yang, and Yinggang Zhou. (2012) “Intraday Price Discovery and Volatility Transmission in Stock Index and Stock Index Futures Markets: Evidence from China,” Journal of Futures Markets, 32, pp.99-121.
Jian Yang,Yinggang Zhou, and Zijun Wang. (2010). “Conditional Co-skewness in Stock and Bond Markets: Time Series Evidence,” Management Science, 56, pp.2031-2049.
Yang, Jian,Yinggang Zhou, and Zijun Wang. (2009). “The Stock-Bond Correlation and Macroeconomic Conditions: One and A Half Centuries of Evidence” Journal of Banking and Finance, 33, pp.670 - 680.