Zhou, Yinggang

Professor

Phone:2182230

Email:yinggang.zhou@gmail.com

Office:A403

Office Hours:


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, Journal of International Money and Finance, 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.
? Selected Publications (In English)
[1] Is the Renminbi Safe-haven Currency? Evidence from Conditional Coskewness and Cokurtosis (with Xin Cheng and Hongyi Chen), Journal of International Money and Finance,forthcoming 
[2] Return and Volatility Transmission Between Chinese and International Oil Futures Markets: A First Look (with Jian Yang), Journal of Futures Markets, 40:860-884,2020
[3] Property Investment and Rental Rate Under Housing Price Uncertainty: A Real Options Approach (with Honglin Wang and Fan Yu), Real Estate Economics, 48:633-665, 2020.
[4] Systemic Risk in Global Volatility Spillover Networks:Evidence from Option-implied Volatility Indices (with Zihui Yang and Xin Cheng), Journal of Futures Markets, 40: 392-409, 2020
[5] Conditional Co-skewness and Safe-haven Currencies: A Regime Switching Approach (with Kalok Chan and Jian Yang), Journal of Empirical Finance, 48, p58-80, 2018.
[6] Quantitative Easing and Volatility Spillover across Countries and Asset Classes (with Zihui Yang), Management Science, 63,p333-354, 2017
[7] Do Securitized Real Estate Markets Jump? International Evidence (with Jie Li and Guangzhong Li), Pacific-Basin Finance Journal 31, p13-35, 2015
[8] Modeling the Joint Dynamics of Risk Neutral Stock Index and Bond Yield Volatilities, Journal of Banking and Finance, 38, p216-228, 2014
[9] Credit Risk Spillovers among Financial Institutions around the Global Credit Crisis: Firm-Level Evidence (with Jian Yang), Management Science, 59, p.2343-2359, 2013
[10] Asymmetric Correlation and Volatility Dynamics among Stock, Bond and Securitized Real Estate Markets (with Jian Yang and Wai Kin Leung), Journal of Real Estate Finance and Economics, 45, pp.491-521, 2012
[11] Intraday Price Discovery and Volatility Transmission in Stock Index and Stock Index Futures Markets: Evidence from China (with Jian Yang and Zihui Yang), Journal of Futures Markets, 32, pp.99-121, 2012
[12] Conditional Co-skewness in Stock and Bond Markets: Time Series Evidence (with Jian Yang and Zijun Wang), Management Science, 56, pp. 2031-2049, 2010
[13] The Stock-Bond Correlation and Macroeconomic Conditions: One and A Half Centuries of Evidence (with Jian Yang and Zijun Wang), Journal of Banking and Finance, 33, pp.670 - 680, 2009
[14] Trade Liberalization as a Game of Decision under Uncertainty (with Henry Wan), Globalization and Emerging Issues in Trade Theory and Policy, Emerald Group Publishing, 2008