Selected Publications (In English)
[20] Blaming the The Wind? The Impact of Wind Turbine on Bird Biodiversity (with Lina Meng, Pengfei Liu and Yingdan Mei), Journal of Development Economics, 172 (2025), 103402.
[19] Is China's Currency Increasingly Important? New Evidence from Renmini Exchange Rates （with Xin Cheng）, Springer Nature, 2024
[18] No Safe Haven, Only Diversification and Contagion:Intraday Evidence around COVID-19 Pandemic (with Zeyun Bei and Juan Lin), Journal of International Money and Finance, 143(2024),103069..
[17] Panel Quantile Regression for Extreme Risk (with Yanxi Hou, Xuan Leng and Liang Peng) , Journal of Econometrics, 240 (2024) ,105674
[16] Do Housing Booms Reduce Fertility Intentions? Evidence from the New Two-Child Policy in China (with Lina Meng and Lu Peng), Regional Science and Urban Economics, 101 (2023), 103920
[15] Housing Boom and Household Migration Decision: New Evidence from China (with Lina Meng and Xiao Xiao), Journal of Real Estate Finance and Economics, 67 (2023), 453-479.
[14] Is the Renminbi Safe-haven Currency? Evidence from Conditional Coskewness and Cokurtosis (with Xin Cheng and Hongyi Chen), Journal of International Money and Finance,113, 2021
[13] 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
[12] 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.
[11] 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
[10] 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.
[9] Quantitative Easing and Volatility Spillover across Countries and Asset Classes (with Zihui Yang), Management Science, 63，p333-354, 2017
[8] Do Securitized Real Estate Markets Jump? International Evidence (with Jie Li and Guangzhong Li), Pacific-Basin Finance Journal 31, p13-35, 2015
[7] Modeling the Joint Dynamics of Risk Neutral Stock Index and Bond Yield Volatilities, Journal of Banking and Finance, 38, p216-228, 2014
[6] Credit Risk Spillovers among Financial Institutions around the Global Credit Crisis: Firm-Level Evidence (with Jian Yang), Management Science, 59, p.2343-2359, 2013
[5] 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
[4] 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
[3] Conditional Co-skewness in Stock and Bond Markets: Time Series Evidence (with Jian Yang and Zijun Wang), Management Science, 56, pp. 2031-2049, 2010
[2] 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
[1] 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