- Email: [email protected]
Contributor Bios
CONTRIBUTOR BIOS David E. Allen is an Adjunct Professor in the Centre for Applied Financial Studies at the University of South Australia and a Visiting Professor in the School of Mathematics and Statistics at the University of Sydney. He was previously Professor of Finance at Edith Cowan University, Perth, Western Australia. He is the author of three monographs and over 90 refereed publications on a diverse range of topics covering corporate financial policy decisions, asset pricing, business economics, funds management and p erformance bench-marking, volatility modeling and hedging, and market microstructure and liquidity. Wei Rong Ang is currently a master’s student at the School of Social Sciences, Universiti Sains Malaysia. His thesis focuses on socially responsible investing funds under the supervision of Dr. Hooi Hooi Lean. Zhidong Bai is Professor of Statistics in School of Mathematics and Statistics at North East Normal University. He holds a Ph.D. in Statistics from University of Science and Technology of China. He is the fellow of the Institute of Mathematical Statistics and the Third World Academy of Science. He has published over 100 research papers and books and served in the capacity of editor, associate editor, or member of the advisory board for journals and conferences. Kym Brown is a lecturer at Monash University specializing in banking. Her Ph.D. undertaken at Monash University examined the financial development of 12 economies across the Asia Pacific, and bank cost and profit efficiency allowing for regional d ifferences. Her research includes bank performance, financial system architecture in developing countries, Islamic finance, corporate governance, bank liquidity, and syndicated loans. Juliana Caicedo-Llano is a lecturer of Economics and Finance at the department of Economics of the Université d’Evry-val-d’Essone (UEVE) since 2011. She received her masters degree and Ph.D. from the University of Paris West-Nanterre (France) and she finished her undergraduate studies of industrial engineering at the Universidad de los Andes in Bogotá (Colombia). Before joining the UEVE, she worked as associate professor at ESG-School of Management in Paris for 3 years. Since 2008 she has been teaching portfolio management, financial econometrics, fixed income markets, R programming, and excel applications for finance. Her research interests relate to the study of the dynamics of financial assets and to risk management, in particular in emerging markets. She is also an associate and consultant for Eonos Investment Technologies since 2009. xv
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Seonghoon Cho is an Associate Professor at the Department of Agricultural and Resource Economics, University of Tennessee. His research primarily focuses on the area of natural resource and environmental economics, land economics, and spatial econometrics. His research products have appeared in highly respected peer-reviewed journals, e.g. American Journal of Agricultural Economics, Ecological Economics, Economics Letters, Land Economics, and Regional Science and Urban Economics. Alain Cöen is a Full Professor of Finance at the Graduate School of Business (ESG) of the University of Quebec in Montreal (UQAM). Before joining ESG-UQÀM, he was associate professor of finance at EDHEC School of Management. He obtained his Ph.D. in Finance from the University of Grenoble, and his Ph.D. in Economics from the University of Paris I Panthéon-Sorbonne. He holds a Master of Arts in Economics with major in Macroeconomics from Laval University and an Accreditation to supervise research (HDR) from Paris-Dauphine University. He has been a visiting professor at Paris-Dauphine University, University of Paris-Ouest-Nanterre, EDHEC, Laval University, HEC- University of Liège and University of Sherbrooke. His research interests focus on asset pricing, international finance, hedge funds, REITs, business cycles and financial econometrics. He has published in several international leading journals and has written a book in financial management. He is an associate researcher of the Ivanhoé Cambridge Real Estate Chair at ESG-UQÀM Graduate School of Business. Aurélie Desfleurs is an Associate Professor in the Accounting Department at the University of Sherbrooke (Canada). She obtained her Ph.D. in Finance from Laval University. She is also a Chartered Professional Accountants of Canada. She has published articles in the Journal of Economics and Business and the Journal of Multinational Financial Management. Her research focuses on financial analysts’ forecasts, mergers and acquisitions, and International Financial Reporting Statements. Lucia Gibilaro (MA, Ph.D.) is a lecturer of Economics and Management of Financial Intermediaries at the University of Bergamo and Faculty member of the Ph.D. in Sciences of International Cooperation promoted by the University of Bergamo. Since 2005 she has been teaching Corporate Finance and Banking at the University of Bergamo and she was visiting scholar at Essex University (UK). Her main research interest relates to risk management, real estate, and trade credit. She has widely published in these areas and is a board member for numerous academic journals. Kin-Yip Ho is currently an Assistant Professor at the Research School of Finance, Actuarial Studies, and Applied Statistics in the Australian National University. He has held visiting positions, including a fellowship from the Korea Institute of International Economic Policy (KIEP) to work on a research project involving Chinese financial
Contributor Bios
markets. He has published articles in Thomson Reuters SSCI/SCI journals, such as China Economic Review, Japan and the World Economy, Journal of Applied Econometrics, Mathematics and Computers in Simulation, North American Journal of Economics and Finance, and World Economy. His current research interests lie in international finance, financial econometrics, and time-series analysis. He graduated with a Ph.D. in Economics from Cornell University and an Associate Diploma in Piano Performance from London College of Music. Yongchang Hui is an assistant professor of statistics in School of Mathematics and Statistics at Xi’an Jiaotong University, China. He holds a Ph.D. in Statistics from North East Normal University. Weihong Huang obtained his Ph.D. in Economics from University of Southern California in 1989. He has taught at Howard University (1990–1992), National University of Singapore (1992–1998), and Nanyang Technological University (since May 1999). He is a leading expert in nonlinear dynamical economics. Currently, he serves at the editorial boards of two international refereed journals. He has published widely in leading journals of economics, mathematics and physics such as Journal of Economic Behavior and Organization, Journal of Economic Dynamics and Control, Journal of Mathematical Economics, Physical Review E, Nonlinearity and Chaos. Petko S. Kalev is a Professor of Finance in the School of Commerce at the University of South Australia. Previously he was a Senior Lecturer in Finance with the Accounting and Finance Department at Monash University. His Ph.D. is in Financial Econometrics from Monash University, his Master’s degree is in Statistics from the University of Melbourne and his Bachelor’s degree is in Mathematics, 4th year—Honours equivalent, from the University of Plovdiv. He leads the Center for Applied Financial Studies at UniSA and his research interests are in Capital Markets/Market Microstructure, Corporate Finance and Corporate Governance, Market Efficiency, Investments/Funds Management and Behaviour Finance, and Special Topics in Time Series—Empirical Economics/Financial Econometrics. Heeho Kim is a professor of Economics at Kyungpook National University, Korea, and his main research areas are economic development, international economics, finance, and econometrics. His book entitled Money and Markets of Slaves and Land in the 17–19th century Korea was awarded the best academic book in 2006-2007 in Korea by the Ministry of Culture. In addition, Heeho has published several books in the fields of international economics and economic history of Korea. He earned a Ph.D. in Economics from North Carolina State University and worked as a program manager for the Korea National Research Foundation. He was invited as a research fellow to the
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Institute of Finance and Economics, which is part of the Chinese Social Science Institute (CSSI) based in Beijing, China. He sits on several boards of academic journals, including the Eurasian Economic Review and the Korean Journal of International Economics. He has published more than 50 articles and books in well-known international journals. Taeyoung Kim is a Post-doctoral Research Associate at the Department of Agricultural and Resource Economics at the University of Tennessee. His primarily areas of research are environmental and natural resource economics, and spatial econometrics. His recent work focuses on designing efficient policy measures for producing environmental services through the use of land, valuing the economic impacts of land use, and management decision associated with policy changes. Francis Koh is a Professor of Finance (Practice) at the Singapore Management University (SMU). He received his MBA from the University of British Columbia and Ph.D. (Finance) from the University of New South Wales. He is a Chartered Accountant of Singapore and a Fellow of the Chartered Institute of Management Accountants in UK Between 1994 and 2002, He was employed by the Government of Singapore Investment Corporation. In 2003, he was appointed Associate Dean and Director, MSc in Wealth Management Programme in the Lee Kong Chian School of Business. In November 2012, he assumed the post of Vice Provost (Special Projects) at SMU. In the same year, he was awarded an Honorary Doctorate in Economics by the University of St Gallen in Switzerland. He has been active in consulting, executive development and public service. He has also published in numerous academic journals, including the Journal of Financial Economics. Enareta Kurtbegu is a Ph.D. student and teaching assistant in Economics and Finance at the department of Economics of the University of Evry-Val d’Essone (France). She received her double master degree from the University of Paris 1 Pantheon Sorbonne (France) and Ca’Foscari University of Venice (Italy) as a student of the Erasmus Mundus program “Methods and Models in Quantitative Economics” (QEM). She finished her undergraduate studies of Computer Science at the State University of Tirana (Albania). Since 2010, she has been teaching Risk Management, Portfolio Theory, Macroeconomics, and Microeconomics tutorial classes to master and bachelor students. Her research interests relate asset prices and demographic changes, intergenerational risk sharing in pension plans, risk management, and asset allocation. Hooi Hooi Lean is an associate professor at the School of Social Sciences (Economics Program), Universiti Sains Malaysia. She has published more than 60 book chapters and journal articles in many reputed international journals such as Applied Economics, Economics Letters, Energy Economics, Journal of Financial Markets, Journal of Economic Behavior and Organization, Pacific Basin Finance Journal, and Tourism
Contributor Bios
Economics. She is listed in the Who’s Who in the World 2009 and Researcher of the Week in GDNet East Asia for her excellent contributions. She has been awarded the ASEANROK Academic Exchange Fellowship Program in 2007, the Democratic Pacific Union Visiting Fellowship in 2008, and the International HERMES Fellowship Program in 2009. She also won the “Sanggar Sanjung” Excellent Award for Publication since 2009 and “Hadiah Sanjungan” Best Award for Publication since 2006. There are 720 citations to her research on Google Scholar. Patrick Lecomte is an Executive Director in charge of the Advanced Master in Financial Techniques (Financial Engineering Asia) and a Research Fellow at ESSEC Business School (Asia Pacific). He holds a Ph.D. in real estate finance from the University of Paris X-Nanterre, an M.Phil. in Real Estate Finance from Cambridge University (England), an MBA from Columbia University (USA), and a DESS in corporate finance from the University of Paris-Dauphine (France). He is a member of the Investment Property Forum (London), the American Real Estate Society, the American Real Estate and Urban Economics Association, the European Real Estate Society, and the Asia Pacific Real Estate Association (APREA)’s Research Committee. His research interests focus on financial innovation applied to commercial real estate, and Asian listed and unlisted real estate markets. He has published numerous papers and articles in leading academic journals and industry publications. Camillo Lento is an Associate Professor in the Faculty of Business Administration at Lakehead University, Thunder Bay, Ontario, Canada. He received his Ph.D. from the University of Southern Queensland (Australia) and holds a M.Sc. (Management) and BComm (Honours) from Lakehead University. In addition, he is a Chartered Accountant (Canada) and a Certified Fraud Examiner. Before embarking on his Ph.D., he worked in a variety of positions in accounting, auditing, and asset valuation with both Ernst and Young LLP and Grant Thornton LLP. He has authored several book chapters, journal articles, and practitioner magazine articles. In addition, his financial planning commentary has been featured in the Globe and Mail’s Report on Business, MoneySense Magazine, MoneySaver Magazine, and Canadian Business (online). Gianluca Mattarocci (MA, Ph.D.) is a lecturer of Economics and Management of Financial Intermediaries at the University of Rome Tor Vergata and Director of Banking and Finance track of the Ph.D. in Management promoted by the University of Rome “Tor Vergata.” Since 2007 he has been teaching Corporate Finance at the University of Rome “Tor Vergata” and he was visiting scholar at the Nanjing University (China), Old Dominion University (USA), and Oxford Brookes University (UK). His main research interest relates to risk management, and real estate. He has published in this areas and is a board member for numerous academic journals.
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Michael J. McAleer holds a Ph.D. in Economics from Queen’s University, Canada. He is Chair Professor of Quantitative Finance, National Tsing Hua University, Taiwan; Professor of Quantitative Finance, Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands; Distinguished Professor, College of Management, National Chung Hsing University, Taiwan; Adjunct Professor, Department of Economics and Finance and Department of Mathematics and Statistics at the University of Canterbury, New Zealand; and Adjunct Professor, Faculty of Economics and Business, Complutense University of Madrid (founded 1293), Spain. He has been a distinguished visiting professor at many prestigious universities, including University of Tokyo, Kyoto University and Osaka University, Japan, University of Padova (founded 1222), Italy, Ca’ Foscari University of Venice, Italy, University of Zurich, Switzerland, Chinese University of Hong Kong, and Hong Kong University of Science and Technology. He is an elected Fellow of the Academy of the Social Sciences in Australia (FASSA), International Environmental Modeling and Software Society (FIEMSS), Modeling and Simulation Society of Australia and New Zealand (FMSSANZ), Tinbergen Institute, The Netherlands, and the Journal of Econometrics. He has published more than 600 journal articles and books in econometrics, economics, statistics, finance, risk management, applied mathematics, intellectual property, environmental modeling, and related disciplines. He is presently a member of the editorial boards of 26 international journals, and serves on several as Editor-in-Chief or Associate Editor-in-Chief. Carl B. McGowan, Jr., Ph.D., CFA is a Faculty Distinguished Professor and Professor of Finance at Norfolk State University, has a BA in International Relations (Syracuse), an MBA in Finance (Eastern Michigan), and a Ph.D. in Business Administration (Finance) from Michigan State. From 2003 to 2004, he held the RHB Bank Distinguished Chair in Finance at the Universiti Kebangsaan Malaysia and has taught in Cost Rica, Malaysia, Moscow, Saudi Arabia, and The UAE. Professor McGowan’s research is in the areas of corporate finance and international finance. Professor McGowan has published 85 peerreviewed articles and 95 proceedings and has presented 171 papers at regional, national, and international conferences. Jones Odei Mensah is currently studying for a Ph.D. in Economics at the University of Brunei Darussalam (UBD). His research covers financial market volatility, stock diversification, and systemic risk, with a focus on the Asia pacific region. Jones holds an MA from UBD and a BA from KNUST. He is a Chartered member of the Association of Certified Chartered Economist. Imad Moosa is a professor of finance at RMIT, Melbourne. He has also held positions at Monash University (Melbourne), La Trobe University (Melbourne), and the University of Sheffield (UK). He holds a BA in Economics and Business Studies, MA in
Contributor Bios
the Economics of Financial Intermediaries, and a Ph.D. in Financial Economics from the University of Sheffield (UK). He has received formal training in model building, exchange rate forecasting, and risk management at the Claremont Economics Institute (United States), Wharton Econometrics (United States) and the Center for Monetary and Banking Studies (Switzerland). Before turning to academia in 1991, he worked as a financial analyst, a financial journalist, and an investment banker for over 10 years. He has also worked at the International Monetary Fund in Washington DC and acted as an advisor to the US Treasury. His work encompasses the areas of International Finance, Banking, Risk Management, Macroeconomics, and Applied Econometrics. His papers have appeared in the Journal of Applied Econometrics, Canadian Journal of Economics, IMF Staff Papers, Journal of Futures Markets, Quantitative Finance, Southern Economic Journal, American Journal of Agricultural Economics, Journal of Development Economics, Journal of Comparative Economics, Journal of Economic Organization and Behavior, and Journal of Banking and Finance. He has also written for the prestigious Euromoney Magazine. His recent books include Quantification of Operational Risk under Basel II: The Good, Bad and Ugly, The Myth of Too Big to Fail (both published by Palgrave in 2008 and 2009, respectively) and The US-China Trade Dispute: Facts, Figure and Myths, published by Edward Elgar in 2012. His recent book, Quantitative Easing as a Highway to Hyperinflation has been published by World Scientific. Sae Woon Park is a professor of finance at the Changwon National University, Korea. He received his Ph.D. from MyungJI University, Seoul, Korea. His research topics focus mainly on Asian housing markets. He teaches real estate economics and finance, and serves as a Director of the CNU Central Library. He received his Ph.D. from MyungJI University, Korea He has written numerous papers on the Korean real estate market, including “Price Run-up in Housing Markets, Access to Bank Lending and House Prices in Korea,” published in Journal of Real Estate Finance and Economics. He was given an award in 2009 by the Korean newspaper “Maekyung” for his paper entitled “The Value of Outside Directors: Evidence from Corporate Governance” which was published in Journal of Financial and Quantitative Analysis. Kok Fai Phoon is an associate professor of finance (education) and co-director of the M.Sc. in Applied Finance program at the Lee Kong Chian school of business, Singapore Management University. He holds a Ph.D. in finance from Northwestern University. He was executive director of Ferrell Asset Management and had also worked with Yamaichi Research Institute and the Government of Singapore Investment Corporation. Valerio Potì worked as an option trader and was one of the 10 market makers on the Milan equity option market. He subsequently became the head of a relatively large financial engineering desk structuring financial products for retails customers and captive institutional investors. In the second part of his career, after gaining a
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Ph.D. in Finance and while keeping in touch with the financial industry in a c onsulting role, he moved to academia. He is now Senior Lecturer in Banking and Finance in University College Dublin, where he teaches risk modeling and portfolio m anagement as well as corporate finance, and Adjunct Professor of Applied Econometrics at Cattolica University SC at Piacenza. Previously, he was Head of Economics, Finance and Entrepreneurship, and Director of the M.Sc. in Finance at Dublin City University, where he taught financial engineering and risk management, and lectured International Finance at Queen’s University Belfast. He also taught numerous courses in d erivatives and financial engineering to industry professionals in post-experience executive programs in a number of other Universities. His research expertise includes models of financial volatility (e.g. multivariate GARCH), pricing and valuation, mutual and hedge fund performance attribution, equity and FX trading strategies, international finance, corporate finance. He is best known for his work on the 3-moment CAPM and, more recently, the role of risk capital flows in driving return predictability. His consulting activities include advising banks on risk and capital management and on value creation policies that link incentives to performance. Gamini Premaratne holds a masters degree in Policy Economics (1992) and a Ph.D. degree in Econometrics (2001) from the University of Illinois at Urbana-Champaign. After graduation he accepted a faculty position in the Department of Economics at National University of Singapore (2001–2009). Currently he is holding a faculty position in the department of Economics at Universiti Brunei Darussalam. His research interests include volatility models, hypothesis testing, behavioral finance, and risk management. He has published locally and internationally refereed journals and book chapters including Journal of Financial Econometrics and Journal of Statistical Planning and Inference. He has supervised, co-supervised, and served on the advisory and examination committees of a number of M.Sc. and Ph.D. students. François-Éric Racicot, Ph.D., is an associate professor of finance at the Telfer School of Management, University of Ottawa. His research interests focus on the problems of measurement errors, specification errors, and endogeneity in financial models of returns. He is also interested in developing new methods used for forecasting financial time series—especially hedge fund risk. He has published several books and many articles in quantitative finance and financial econometrics. Vikash Ramiah is currently an Associate Professor of Finance at RMIT University. He has a Diploma of Management, B.Sc. (Hons) Economics, Master of Finance program, and Doctor of Philosophy from RMIT University. He has received numerous awards for outstanding performance in teaching and supervision. He taught economics and finance courses at RMIT, University of Melbourne, La Trobe University, and Australian Catholic University since 1999. He has published in academic journals (e.g. Journal of
Contributor Bios
Banking and Finance, Journal of Behavioral Finance, Applied Economics, Pacific Basin Finance Journal and Journal of International Financial Market, Institution and Money), industry reports, one book, book chapters, and over 35 conference papers. He supervises numerous Ph.D. students and regularly attracts research funding. He is an expert reviewer for 13 finance journals and for the Mauritius Research Council. He serves on the editorial board of two finance journals. He was an elected board member of the RMIT University Business Board, program Director of Open Universities Australia, and acting Board member at the Australian Centre for Financial Studies. He was as a junior auditor at H&A Consultant, manager at Intergate PTY Limited, quantitative analyst at ANZ, Investment Banking Division, provided consultancy services to the Australian Stock Exchange and worked in collaboration with the Finance and Treasury Association of Australia and the Australian Centre for Financial Studies. His research areas are financial markets, behavioral finance, and environmental finance. Roland K. Roberts is a Professor in the Department of Agricultural Economics at the University of Tennessee, Knoxville. His main research interests include agricultural production economics, agricultural policy analysis, and farm management. He received a BS in Economics and an MS in Agricultural Economics, both from Utah State University. After receiving his Ph.D. in Agricultural Economics from Iowa State University, he was employed by the University of Hawaii at Manoa. He joined the University of Tennessee faculty in 1984. He has concentrated on analyzing agricultural production and management practices that reduce the environmental effects of production agriculture while maintaining or improving profits for farmers. Gerasimos G. Rompotis is an Assistant Audit Manager at International Certified and Registered Auditors (ICRA) Greece and also a Ph.D. Candidate at the Faculty of Economics of the National and Kapodistrian University of Athens. His main areas of research cover the evaluation of mutual fund managers’ selection and market timing skills, the performance of exchange-traded funds, calendar effects on the performance and volatility of equity investments, intervaling effects on the systematic risk of ETFs, and the new types of ETF products such as leveraged and actively managed ETFs. His work has been published in a number of industry journals such as the Journal of Index Investing, the Journal of Alternative Investments, the Journal of Asset Management, and the Guide to Exchange Traded Funds and Indexing Innovations issued by Institutional Investor, including the European conferences. Ee Seng Seah graduated with a Master of Science in Wealth Management from Singapore Management University. He works in HSBC Private Bank and has over 3 years of banking experience. Prior to joining HSBC, he was with the Development Bank of Singapore where he won several in-house awards for excellence in consumer banking.
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Abhay K. Singh is a Btech graduate with an MBA in finance from the Indian Institute of Information Technology, Gwalior, India and a Ph.D. in finance from Edith Cowan University in Western Australia. He currently works as a Post-Doctoral Fellow in the School of Business at Edith Cowan University. Yanlin Shi is currently a Ph.D. candidate in Statistics at the Research School of Finance, Actuarial Studies, and Applied Statistics in the Australian National University (ANU). His dissertation focuses on volatility modeling of high-frequency time series. He has published an article in the Thomson Reuters SSCI journal North American Journal of Economics and Finance, and presented papers at several international conferences, such as the 19th International Congress on Modeling and Simulation, of which the conference proceedings are included in the Thomson Reuters CPCI. He received two Master’s degrees from ANU in the fields of Applied Statistics and Business with the highest distinction. In 2009 and 2010, he was awarded the ANU Chancellor’s Letters of Commendation for Outstanding Academic Achievements. Russell Smyth is a Professor and Head of the Department of Economics Monash Univeristy, Australia. He has published approximately 300 book chapters and journal articles in the fields of economics, law, and political science. His research interests encompass Asian economies, Chinese economic reform and financial economics, among others. From 1998 to 2008 he was Editor of Economic Papers, the policy journal of the Economic Society of Australia and was a member of the Central Council of the Economic Society of Australia. In 2008 he received the Honorary Fellow Award of the Economic Society of Australia. He is currently an Associate Editor of Energy Economics and a member of seven editorial boards. There are 3600 citations to his research on Google Scholar. Michael Skully holds the Chair of Banking at Monash University. He is a Senior Fellow and director of the Financial Services Institute of Australasia as well as a trustee director of UniSuper Limited. He teaches and has published widely in the areas of financial institutions and corporate finance both in respect to Australia and the Asia Pacific region. Masayuki Susai is full Professor of International Finance at the Faculty of Economics, Nagasaki University and Vice President of Nagasaki University, Japan. He graduated from the Graduate School of Commerce, Waseda University, and obtained an MA from Waseda University. His interests focus on international finance, including market microstructure in international financial markets, intervention in foreign exchange markets, and foreign exchange risk. He has edited two books, Empirical Study on Asian Financial Markets (Kyushu University Press) and Studies on Financial Markets in East Asia (World
Contributor Bios
Scientific Publication). His recently published articles appear in the Proceedings of the Institute of Statistical Mathematics and Annals of the Society for the Economic Studies of Securities. Brian S. Sutedja is currently working at PT XL Axiata Tbk in Jakarta, Indonesia as a Corporate Strategy Analyst. He holds a Bachelor of Economics degree majoring in Accounting from Universitas Indonesia and a Master of Business Administration degree majoring in Applied Finance and Investment from the Graduate School of Business, Universiti Kebangsaan Malaysia. Brian was the recipient of the prestigious Khazanah Nasional scholarship for 2011–2012. Michael Syn is Head of Derivatives at Singapore Exchange (SGX). He has responsibility for SGX’s global trading and clearing platforms, including both financial and commodity derivatives. He graduated MA and Ph.D. from the University of Cambridge. Raymond Théoret, Ph.D., is a full professor of finance at École des sciences de la Gestion, University of Quebec—Montreal (UQAM). His research focuses on banking systemic risk and hedge fund risk. He has published numerous books in asset pricing and many articles in the banking and hedge fund areas in well-known journals. Christopher Ting is an associate professor of Quantitative Finance Practice at the Lee Kong Chian School of Business, Singapore Management University. He earned his bachelor degree in mechanical engineering and master degree in physics from the University of Tokyo on Japanese Government scholarships. His Ph.D. is in theoretical physics from the National University of Singapore. Currently, he serves as the area coordinator of Quantitative Finance group and the director of Master of Science in Quantitative Finance Programme. John Vaz is the program director for banking and finance at Monash University. He holds an MBA and a Ph.D. in Finance. He has a broad range of industry experience in general management and Finance in the IT and T sector, having held Managing Director and executive director roles in medium and large enterprises. His research interests include interest rate change impacts on stock prices, managed fund performance, and the profitability of carry trade. He also has a keen interest in progressing finance mathematical models. Dengli Wang works at AVIC Securities in Beijing, where he is in charge of the Department of Alternative Investments, and mainly focuses on quantitative trading strategies using index futures and commodities futures that trade on the Chinese derivatives market. Before moving to the industry, Dengli was associate professor at the
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Business School of Southeast University and taught financial theory at the University College Dublin. He obtained his Ph.D. in Finance from Dublin City University in Ireland. Wanying Wang is pursuing her Ph.D. in Division of Economic, NTU under the supervision of Huang Weihong. She is co-authoring a series of studies on technical analysis modeling by nonlinear economic dynamics with Professor Huang Weihong. John Watson works in the Department of Accounting and Finance at Monash University as a Senior Lecturer. John previously worked as a senior teaching fellow at Otago University (2000–2002). Having completed his Ph.D. “Issues in Managed Funds: Australian Evidence” in late 2010, he has now commenced researching in the area of superannuation, pension plans, and has a special interest in operations research. Wing-Keung Wong is Professor of Economics in the Department of Economics at Hong Kong Baptist University. He obtained his Ph.D. from the University of Wisconsin-Madison. He is on the list of top Hong Kong economists, Asian economists, and in the top 9% of authors by RePEc. He has published over 100 research papers and books and served in the capacity of editor, associate editor, or member of the advisory board for numerous journals and conferences. Noor Azuddin Yakob is an Associate Professor of Finance at the Graduate School of Business, Universiti Kebangsaan Malaysia. He was the visiting research scholar at the Centre of Australian Financial Institutions, University of Southern Queensland. He was also the visiting lecturer at the Tashkent State Technical University, Uzbekistan and University of Science and Technology in Sana’s, Yemen. His teaching and research interests are in the areas of Managerial Finance, Corporate Finance, Financial Markets and Institutions, Financial Statement Analysis, and Investment Analysis and Portfolio Management. Yushi Yoshida is a Full Professor of Economics at the Faculty of Economics of Shiga University in Japan. Before joining Shiga University, he was Full Professor of Economics at Kyushu Sangyo University. He obtained his MA and Ph.D. in Economics from Osaka University. His research interests lie in the area of international finance, including exchange rate pass-through, foreign exchange intervention, and international financial transmission. He has also written on empirical international trade, including intraindustry trade and extensive margin of exports. His recently published articles appear in the Asia Pacific Business Review, IMF Staff Papers, International Review of Economics and Finance, North American Journal of Economics and Finance, and World Economy. He is a Pass-through Research Group researcher at Research Institute of Economics, Trade, and Industry (RIETI).
Contributor Bios
Zhaoyong Zhang obtained his Ph.D. in economics from the Catholic University of Leuven (Belgium) in 1991. He is currently an Associate Professor of Economics and Deputy Director of FEMARC at Edith Cowan University (ECU) in Australia. Previously, he was Professor of Economics at NUCB Graduate School of Commerce and Business in Japan, and Associate Professor and Director of CSTE at National University of Singapore (NUS). He held several visiting professorship positions at ECU, Yokohama National University (YNU), ICSEAD ( Japan) and KIEP (Korea), and was also a visiting fellow/adjunct (Associate) Professor at University of Western Australia, University of South Australia, University of Macau as well as several universities in China. He also held several consulting positions with international institutions including OECD, IDRC and Hanns Seidel Foundation (Germany). He has been included in the 2000 Outstanding Intellectuals in the 21st Century by Cambridge International Biographical Centre in 2008; and also in Who’s Who in the World in 2007–2012. His major research interests are International Trade and Finance, East Asian Financial Crisis, East Asia Monetary and Economic Integration, Foreign Exchange Policy and Reform in China. He has published one book manuscript, 26 books chapters, and 46 articles in international journals, as well as co-edited four special issues for the international journals including Papers in Regional Science published in 2003 and The World Economy in 2006 and 2012, respectively.
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Seonghoon Cho is an Associate Professor at the Department of Agricultural and Resource Economics, University of Tennessee. His research primarily focuses on the area of natural resource and environmental economics, land economics, and spatial econometrics. His research products have appeared in highly respected peer-reviewed journals, e.g. American Journal of Agricultural Economics, Ecological Economics, Economics Letters, Land Economics, and Regional Science and Urban Economics. Alain Cöen is a Full Professor of Finance at the Graduate School of Business (ESG) of the University of Quebec in Montreal (UQAM). Before joining ESG-UQÀM, he was associate professor of finance at EDHEC School of Management. He obtained his Ph.D. in Finance from the University of Grenoble, and his Ph.D. in Economics from the University of Paris I Panthéon-Sorbonne. He holds a Master of Arts in Economics with major in Macroeconomics from Laval University and an Accreditation to supervise research (HDR) from Paris-Dauphine University. He has been a visiting professor at Paris-Dauphine University, University of Paris-Ouest-Nanterre, EDHEC, Laval University, HEC- University of Liège and University of Sherbrooke. His research interests focus on asset pricing, international finance, hedge funds, REITs, business cycles and financial econometrics. He has published in several international leading journals and has written a book in financial management. He is an associate researcher of the Ivanhoé Cambridge Real Estate Chair at ESG-UQÀM Graduate School of Business. Aurélie Desfleurs is an Associate Professor in the Accounting Department at the University of Sherbrooke (Canada). She obtained her Ph.D. in Finance from Laval University. She is also a Chartered Professional Accountants of Canada. She has published articles in the Journal of Economics and Business and the Journal of Multinational Financial Management. Her research focuses on financial analysts’ forecasts, mergers and acquisitions, and International Financial Reporting Statements. Lucia Gibilaro (MA, Ph.D.) is a lecturer of Economics and Management of Financial Intermediaries at the University of Bergamo and Faculty member of the Ph.D. in Sciences of International Cooperation promoted by the University of Bergamo. Since 2005 she has been teaching Corporate Finance and Banking at the University of Bergamo and she was visiting scholar at Essex University (UK). Her main research interest relates to risk management, real estate, and trade credit. She has widely published in these areas and is a board member for numerous academic journals. Kin-Yip Ho is currently an Assistant Professor at the Research School of Finance, Actuarial Studies, and Applied Statistics in the Australian National University. He has held visiting positions, including a fellowship from the Korea Institute of International Economic Policy (KIEP) to work on a research project involving Chinese financial
Contributor Bios
markets. He has published articles in Thomson Reuters SSCI/SCI journals, such as China Economic Review, Japan and the World Economy, Journal of Applied Econometrics, Mathematics and Computers in Simulation, North American Journal of Economics and Finance, and World Economy. His current research interests lie in international finance, financial econometrics, and time-series analysis. He graduated with a Ph.D. in Economics from Cornell University and an Associate Diploma in Piano Performance from London College of Music. Yongchang Hui is an assistant professor of statistics in School of Mathematics and Statistics at Xi’an Jiaotong University, China. He holds a Ph.D. in Statistics from North East Normal University. Weihong Huang obtained his Ph.D. in Economics from University of Southern California in 1989. He has taught at Howard University (1990–1992), National University of Singapore (1992–1998), and Nanyang Technological University (since May 1999). He is a leading expert in nonlinear dynamical economics. Currently, he serves at the editorial boards of two international refereed journals. He has published widely in leading journals of economics, mathematics and physics such as Journal of Economic Behavior and Organization, Journal of Economic Dynamics and Control, Journal of Mathematical Economics, Physical Review E, Nonlinearity and Chaos. Petko S. Kalev is a Professor of Finance in the School of Commerce at the University of South Australia. Previously he was a Senior Lecturer in Finance with the Accounting and Finance Department at Monash University. His Ph.D. is in Financial Econometrics from Monash University, his Master’s degree is in Statistics from the University of Melbourne and his Bachelor’s degree is in Mathematics, 4th year—Honours equivalent, from the University of Plovdiv. He leads the Center for Applied Financial Studies at UniSA and his research interests are in Capital Markets/Market Microstructure, Corporate Finance and Corporate Governance, Market Efficiency, Investments/Funds Management and Behaviour Finance, and Special Topics in Time Series—Empirical Economics/Financial Econometrics. Heeho Kim is a professor of Economics at Kyungpook National University, Korea, and his main research areas are economic development, international economics, finance, and econometrics. His book entitled Money and Markets of Slaves and Land in the 17–19th century Korea was awarded the best academic book in 2006-2007 in Korea by the Ministry of Culture. In addition, Heeho has published several books in the fields of international economics and economic history of Korea. He earned a Ph.D. in Economics from North Carolina State University and worked as a program manager for the Korea National Research Foundation. He was invited as a research fellow to the
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Institute of Finance and Economics, which is part of the Chinese Social Science Institute (CSSI) based in Beijing, China. He sits on several boards of academic journals, including the Eurasian Economic Review and the Korean Journal of International Economics. He has published more than 50 articles and books in well-known international journals. Taeyoung Kim is a Post-doctoral Research Associate at the Department of Agricultural and Resource Economics at the University of Tennessee. His primarily areas of research are environmental and natural resource economics, and spatial econometrics. His recent work focuses on designing efficient policy measures for producing environmental services through the use of land, valuing the economic impacts of land use, and management decision associated with policy changes. Francis Koh is a Professor of Finance (Practice) at the Singapore Management University (SMU). He received his MBA from the University of British Columbia and Ph.D. (Finance) from the University of New South Wales. He is a Chartered Accountant of Singapore and a Fellow of the Chartered Institute of Management Accountants in UK Between 1994 and 2002, He was employed by the Government of Singapore Investment Corporation. In 2003, he was appointed Associate Dean and Director, MSc in Wealth Management Programme in the Lee Kong Chian School of Business. In November 2012, he assumed the post of Vice Provost (Special Projects) at SMU. In the same year, he was awarded an Honorary Doctorate in Economics by the University of St Gallen in Switzerland. He has been active in consulting, executive development and public service. He has also published in numerous academic journals, including the Journal of Financial Economics. Enareta Kurtbegu is a Ph.D. student and teaching assistant in Economics and Finance at the department of Economics of the University of Evry-Val d’Essone (France). She received her double master degree from the University of Paris 1 Pantheon Sorbonne (France) and Ca’Foscari University of Venice (Italy) as a student of the Erasmus Mundus program “Methods and Models in Quantitative Economics” (QEM). She finished her undergraduate studies of Computer Science at the State University of Tirana (Albania). Since 2010, she has been teaching Risk Management, Portfolio Theory, Macroeconomics, and Microeconomics tutorial classes to master and bachelor students. Her research interests relate asset prices and demographic changes, intergenerational risk sharing in pension plans, risk management, and asset allocation. Hooi Hooi Lean is an associate professor at the School of Social Sciences (Economics Program), Universiti Sains Malaysia. She has published more than 60 book chapters and journal articles in many reputed international journals such as Applied Economics, Economics Letters, Energy Economics, Journal of Financial Markets, Journal of Economic Behavior and Organization, Pacific Basin Finance Journal, and Tourism
Contributor Bios
Economics. She is listed in the Who’s Who in the World 2009 and Researcher of the Week in GDNet East Asia for her excellent contributions. She has been awarded the ASEANROK Academic Exchange Fellowship Program in 2007, the Democratic Pacific Union Visiting Fellowship in 2008, and the International HERMES Fellowship Program in 2009. She also won the “Sanggar Sanjung” Excellent Award for Publication since 2009 and “Hadiah Sanjungan” Best Award for Publication since 2006. There are 720 citations to her research on Google Scholar. Patrick Lecomte is an Executive Director in charge of the Advanced Master in Financial Techniques (Financial Engineering Asia) and a Research Fellow at ESSEC Business School (Asia Pacific). He holds a Ph.D. in real estate finance from the University of Paris X-Nanterre, an M.Phil. in Real Estate Finance from Cambridge University (England), an MBA from Columbia University (USA), and a DESS in corporate finance from the University of Paris-Dauphine (France). He is a member of the Investment Property Forum (London), the American Real Estate Society, the American Real Estate and Urban Economics Association, the European Real Estate Society, and the Asia Pacific Real Estate Association (APREA)’s Research Committee. His research interests focus on financial innovation applied to commercial real estate, and Asian listed and unlisted real estate markets. He has published numerous papers and articles in leading academic journals and industry publications. Camillo Lento is an Associate Professor in the Faculty of Business Administration at Lakehead University, Thunder Bay, Ontario, Canada. He received his Ph.D. from the University of Southern Queensland (Australia) and holds a M.Sc. (Management) and BComm (Honours) from Lakehead University. In addition, he is a Chartered Accountant (Canada) and a Certified Fraud Examiner. Before embarking on his Ph.D., he worked in a variety of positions in accounting, auditing, and asset valuation with both Ernst and Young LLP and Grant Thornton LLP. He has authored several book chapters, journal articles, and practitioner magazine articles. In addition, his financial planning commentary has been featured in the Globe and Mail’s Report on Business, MoneySense Magazine, MoneySaver Magazine, and Canadian Business (online). Gianluca Mattarocci (MA, Ph.D.) is a lecturer of Economics and Management of Financial Intermediaries at the University of Rome Tor Vergata and Director of Banking and Finance track of the Ph.D. in Management promoted by the University of Rome “Tor Vergata.” Since 2007 he has been teaching Corporate Finance at the University of Rome “Tor Vergata” and he was visiting scholar at the Nanjing University (China), Old Dominion University (USA), and Oxford Brookes University (UK). His main research interest relates to risk management, and real estate. He has published in this areas and is a board member for numerous academic journals.
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Michael J. McAleer holds a Ph.D. in Economics from Queen’s University, Canada. He is Chair Professor of Quantitative Finance, National Tsing Hua University, Taiwan; Professor of Quantitative Finance, Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands; Distinguished Professor, College of Management, National Chung Hsing University, Taiwan; Adjunct Professor, Department of Economics and Finance and Department of Mathematics and Statistics at the University of Canterbury, New Zealand; and Adjunct Professor, Faculty of Economics and Business, Complutense University of Madrid (founded 1293), Spain. He has been a distinguished visiting professor at many prestigious universities, including University of Tokyo, Kyoto University and Osaka University, Japan, University of Padova (founded 1222), Italy, Ca’ Foscari University of Venice, Italy, University of Zurich, Switzerland, Chinese University of Hong Kong, and Hong Kong University of Science and Technology. He is an elected Fellow of the Academy of the Social Sciences in Australia (FASSA), International Environmental Modeling and Software Society (FIEMSS), Modeling and Simulation Society of Australia and New Zealand (FMSSANZ), Tinbergen Institute, The Netherlands, and the Journal of Econometrics. He has published more than 600 journal articles and books in econometrics, economics, statistics, finance, risk management, applied mathematics, intellectual property, environmental modeling, and related disciplines. He is presently a member of the editorial boards of 26 international journals, and serves on several as Editor-in-Chief or Associate Editor-in-Chief. Carl B. McGowan, Jr., Ph.D., CFA is a Faculty Distinguished Professor and Professor of Finance at Norfolk State University, has a BA in International Relations (Syracuse), an MBA in Finance (Eastern Michigan), and a Ph.D. in Business Administration (Finance) from Michigan State. From 2003 to 2004, he held the RHB Bank Distinguished Chair in Finance at the Universiti Kebangsaan Malaysia and has taught in Cost Rica, Malaysia, Moscow, Saudi Arabia, and The UAE. Professor McGowan’s research is in the areas of corporate finance and international finance. Professor McGowan has published 85 peerreviewed articles and 95 proceedings and has presented 171 papers at regional, national, and international conferences. Jones Odei Mensah is currently studying for a Ph.D. in Economics at the University of Brunei Darussalam (UBD). His research covers financial market volatility, stock diversification, and systemic risk, with a focus on the Asia pacific region. Jones holds an MA from UBD and a BA from KNUST. He is a Chartered member of the Association of Certified Chartered Economist. Imad Moosa is a professor of finance at RMIT, Melbourne. He has also held positions at Monash University (Melbourne), La Trobe University (Melbourne), and the University of Sheffield (UK). He holds a BA in Economics and Business Studies, MA in
Contributor Bios
the Economics of Financial Intermediaries, and a Ph.D. in Financial Economics from the University of Sheffield (UK). He has received formal training in model building, exchange rate forecasting, and risk management at the Claremont Economics Institute (United States), Wharton Econometrics (United States) and the Center for Monetary and Banking Studies (Switzerland). Before turning to academia in 1991, he worked as a financial analyst, a financial journalist, and an investment banker for over 10 years. He has also worked at the International Monetary Fund in Washington DC and acted as an advisor to the US Treasury. His work encompasses the areas of International Finance, Banking, Risk Management, Macroeconomics, and Applied Econometrics. His papers have appeared in the Journal of Applied Econometrics, Canadian Journal of Economics, IMF Staff Papers, Journal of Futures Markets, Quantitative Finance, Southern Economic Journal, American Journal of Agricultural Economics, Journal of Development Economics, Journal of Comparative Economics, Journal of Economic Organization and Behavior, and Journal of Banking and Finance. He has also written for the prestigious Euromoney Magazine. His recent books include Quantification of Operational Risk under Basel II: The Good, Bad and Ugly, The Myth of Too Big to Fail (both published by Palgrave in 2008 and 2009, respectively) and The US-China Trade Dispute: Facts, Figure and Myths, published by Edward Elgar in 2012. His recent book, Quantitative Easing as a Highway to Hyperinflation has been published by World Scientific. Sae Woon Park is a professor of finance at the Changwon National University, Korea. He received his Ph.D. from MyungJI University, Seoul, Korea. His research topics focus mainly on Asian housing markets. He teaches real estate economics and finance, and serves as a Director of the CNU Central Library. He received his Ph.D. from MyungJI University, Korea He has written numerous papers on the Korean real estate market, including “Price Run-up in Housing Markets, Access to Bank Lending and House Prices in Korea,” published in Journal of Real Estate Finance and Economics. He was given an award in 2009 by the Korean newspaper “Maekyung” for his paper entitled “The Value of Outside Directors: Evidence from Corporate Governance” which was published in Journal of Financial and Quantitative Analysis. Kok Fai Phoon is an associate professor of finance (education) and co-director of the M.Sc. in Applied Finance program at the Lee Kong Chian school of business, Singapore Management University. He holds a Ph.D. in finance from Northwestern University. He was executive director of Ferrell Asset Management and had also worked with Yamaichi Research Institute and the Government of Singapore Investment Corporation. Valerio Potì worked as an option trader and was one of the 10 market makers on the Milan equity option market. He subsequently became the head of a relatively large financial engineering desk structuring financial products for retails customers and captive institutional investors. In the second part of his career, after gaining a
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Ph.D. in Finance and while keeping in touch with the financial industry in a c onsulting role, he moved to academia. He is now Senior Lecturer in Banking and Finance in University College Dublin, where he teaches risk modeling and portfolio m anagement as well as corporate finance, and Adjunct Professor of Applied Econometrics at Cattolica University SC at Piacenza. Previously, he was Head of Economics, Finance and Entrepreneurship, and Director of the M.Sc. in Finance at Dublin City University, where he taught financial engineering and risk management, and lectured International Finance at Queen’s University Belfast. He also taught numerous courses in d erivatives and financial engineering to industry professionals in post-experience executive programs in a number of other Universities. His research expertise includes models of financial volatility (e.g. multivariate GARCH), pricing and valuation, mutual and hedge fund performance attribution, equity and FX trading strategies, international finance, corporate finance. He is best known for his work on the 3-moment CAPM and, more recently, the role of risk capital flows in driving return predictability. His consulting activities include advising banks on risk and capital management and on value creation policies that link incentives to performance. Gamini Premaratne holds a masters degree in Policy Economics (1992) and a Ph.D. degree in Econometrics (2001) from the University of Illinois at Urbana-Champaign. After graduation he accepted a faculty position in the Department of Economics at National University of Singapore (2001–2009). Currently he is holding a faculty position in the department of Economics at Universiti Brunei Darussalam. His research interests include volatility models, hypothesis testing, behavioral finance, and risk management. He has published locally and internationally refereed journals and book chapters including Journal of Financial Econometrics and Journal of Statistical Planning and Inference. He has supervised, co-supervised, and served on the advisory and examination committees of a number of M.Sc. and Ph.D. students. François-Éric Racicot, Ph.D., is an associate professor of finance at the Telfer School of Management, University of Ottawa. His research interests focus on the problems of measurement errors, specification errors, and endogeneity in financial models of returns. He is also interested in developing new methods used for forecasting financial time series—especially hedge fund risk. He has published several books and many articles in quantitative finance and financial econometrics. Vikash Ramiah is currently an Associate Professor of Finance at RMIT University. He has a Diploma of Management, B.Sc. (Hons) Economics, Master of Finance program, and Doctor of Philosophy from RMIT University. He has received numerous awards for outstanding performance in teaching and supervision. He taught economics and finance courses at RMIT, University of Melbourne, La Trobe University, and Australian Catholic University since 1999. He has published in academic journals (e.g. Journal of
Contributor Bios
Banking and Finance, Journal of Behavioral Finance, Applied Economics, Pacific Basin Finance Journal and Journal of International Financial Market, Institution and Money), industry reports, one book, book chapters, and over 35 conference papers. He supervises numerous Ph.D. students and regularly attracts research funding. He is an expert reviewer for 13 finance journals and for the Mauritius Research Council. He serves on the editorial board of two finance journals. He was an elected board member of the RMIT University Business Board, program Director of Open Universities Australia, and acting Board member at the Australian Centre for Financial Studies. He was as a junior auditor at H&A Consultant, manager at Intergate PTY Limited, quantitative analyst at ANZ, Investment Banking Division, provided consultancy services to the Australian Stock Exchange and worked in collaboration with the Finance and Treasury Association of Australia and the Australian Centre for Financial Studies. His research areas are financial markets, behavioral finance, and environmental finance. Roland K. Roberts is a Professor in the Department of Agricultural Economics at the University of Tennessee, Knoxville. His main research interests include agricultural production economics, agricultural policy analysis, and farm management. He received a BS in Economics and an MS in Agricultural Economics, both from Utah State University. After receiving his Ph.D. in Agricultural Economics from Iowa State University, he was employed by the University of Hawaii at Manoa. He joined the University of Tennessee faculty in 1984. He has concentrated on analyzing agricultural production and management practices that reduce the environmental effects of production agriculture while maintaining or improving profits for farmers. Gerasimos G. Rompotis is an Assistant Audit Manager at International Certified and Registered Auditors (ICRA) Greece and also a Ph.D. Candidate at the Faculty of Economics of the National and Kapodistrian University of Athens. His main areas of research cover the evaluation of mutual fund managers’ selection and market timing skills, the performance of exchange-traded funds, calendar effects on the performance and volatility of equity investments, intervaling effects on the systematic risk of ETFs, and the new types of ETF products such as leveraged and actively managed ETFs. His work has been published in a number of industry journals such as the Journal of Index Investing, the Journal of Alternative Investments, the Journal of Asset Management, and the Guide to Exchange Traded Funds and Indexing Innovations issued by Institutional Investor, including the European conferences. Ee Seng Seah graduated with a Master of Science in Wealth Management from Singapore Management University. He works in HSBC Private Bank and has over 3 years of banking experience. Prior to joining HSBC, he was with the Development Bank of Singapore where he won several in-house awards for excellence in consumer banking.
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Abhay K. Singh is a Btech graduate with an MBA in finance from the Indian Institute of Information Technology, Gwalior, India and a Ph.D. in finance from Edith Cowan University in Western Australia. He currently works as a Post-Doctoral Fellow in the School of Business at Edith Cowan University. Yanlin Shi is currently a Ph.D. candidate in Statistics at the Research School of Finance, Actuarial Studies, and Applied Statistics in the Australian National University (ANU). His dissertation focuses on volatility modeling of high-frequency time series. He has published an article in the Thomson Reuters SSCI journal North American Journal of Economics and Finance, and presented papers at several international conferences, such as the 19th International Congress on Modeling and Simulation, of which the conference proceedings are included in the Thomson Reuters CPCI. He received two Master’s degrees from ANU in the fields of Applied Statistics and Business with the highest distinction. In 2009 and 2010, he was awarded the ANU Chancellor’s Letters of Commendation for Outstanding Academic Achievements. Russell Smyth is a Professor and Head of the Department of Economics Monash Univeristy, Australia. He has published approximately 300 book chapters and journal articles in the fields of economics, law, and political science. His research interests encompass Asian economies, Chinese economic reform and financial economics, among others. From 1998 to 2008 he was Editor of Economic Papers, the policy journal of the Economic Society of Australia and was a member of the Central Council of the Economic Society of Australia. In 2008 he received the Honorary Fellow Award of the Economic Society of Australia. He is currently an Associate Editor of Energy Economics and a member of seven editorial boards. There are 3600 citations to his research on Google Scholar. Michael Skully holds the Chair of Banking at Monash University. He is a Senior Fellow and director of the Financial Services Institute of Australasia as well as a trustee director of UniSuper Limited. He teaches and has published widely in the areas of financial institutions and corporate finance both in respect to Australia and the Asia Pacific region. Masayuki Susai is full Professor of International Finance at the Faculty of Economics, Nagasaki University and Vice President of Nagasaki University, Japan. He graduated from the Graduate School of Commerce, Waseda University, and obtained an MA from Waseda University. His interests focus on international finance, including market microstructure in international financial markets, intervention in foreign exchange markets, and foreign exchange risk. He has edited two books, Empirical Study on Asian Financial Markets (Kyushu University Press) and Studies on Financial Markets in East Asia (World
Contributor Bios
Scientific Publication). His recently published articles appear in the Proceedings of the Institute of Statistical Mathematics and Annals of the Society for the Economic Studies of Securities. Brian S. Sutedja is currently working at PT XL Axiata Tbk in Jakarta, Indonesia as a Corporate Strategy Analyst. He holds a Bachelor of Economics degree majoring in Accounting from Universitas Indonesia and a Master of Business Administration degree majoring in Applied Finance and Investment from the Graduate School of Business, Universiti Kebangsaan Malaysia. Brian was the recipient of the prestigious Khazanah Nasional scholarship for 2011–2012. Michael Syn is Head of Derivatives at Singapore Exchange (SGX). He has responsibility for SGX’s global trading and clearing platforms, including both financial and commodity derivatives. He graduated MA and Ph.D. from the University of Cambridge. Raymond Théoret, Ph.D., is a full professor of finance at École des sciences de la Gestion, University of Quebec—Montreal (UQAM). His research focuses on banking systemic risk and hedge fund risk. He has published numerous books in asset pricing and many articles in the banking and hedge fund areas in well-known journals. Christopher Ting is an associate professor of Quantitative Finance Practice at the Lee Kong Chian School of Business, Singapore Management University. He earned his bachelor degree in mechanical engineering and master degree in physics from the University of Tokyo on Japanese Government scholarships. His Ph.D. is in theoretical physics from the National University of Singapore. Currently, he serves as the area coordinator of Quantitative Finance group and the director of Master of Science in Quantitative Finance Programme. John Vaz is the program director for banking and finance at Monash University. He holds an MBA and a Ph.D. in Finance. He has a broad range of industry experience in general management and Finance in the IT and T sector, having held Managing Director and executive director roles in medium and large enterprises. His research interests include interest rate change impacts on stock prices, managed fund performance, and the profitability of carry trade. He also has a keen interest in progressing finance mathematical models. Dengli Wang works at AVIC Securities in Beijing, where he is in charge of the Department of Alternative Investments, and mainly focuses on quantitative trading strategies using index futures and commodities futures that trade on the Chinese derivatives market. Before moving to the industry, Dengli was associate professor at the
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Business School of Southeast University and taught financial theory at the University College Dublin. He obtained his Ph.D. in Finance from Dublin City University in Ireland. Wanying Wang is pursuing her Ph.D. in Division of Economic, NTU under the supervision of Huang Weihong. She is co-authoring a series of studies on technical analysis modeling by nonlinear economic dynamics with Professor Huang Weihong. John Watson works in the Department of Accounting and Finance at Monash University as a Senior Lecturer. John previously worked as a senior teaching fellow at Otago University (2000–2002). Having completed his Ph.D. “Issues in Managed Funds: Australian Evidence” in late 2010, he has now commenced researching in the area of superannuation, pension plans, and has a special interest in operations research. Wing-Keung Wong is Professor of Economics in the Department of Economics at Hong Kong Baptist University. He obtained his Ph.D. from the University of Wisconsin-Madison. He is on the list of top Hong Kong economists, Asian economists, and in the top 9% of authors by RePEc. He has published over 100 research papers and books and served in the capacity of editor, associate editor, or member of the advisory board for numerous journals and conferences. Noor Azuddin Yakob is an Associate Professor of Finance at the Graduate School of Business, Universiti Kebangsaan Malaysia. He was the visiting research scholar at the Centre of Australian Financial Institutions, University of Southern Queensland. He was also the visiting lecturer at the Tashkent State Technical University, Uzbekistan and University of Science and Technology in Sana’s, Yemen. His teaching and research interests are in the areas of Managerial Finance, Corporate Finance, Financial Markets and Institutions, Financial Statement Analysis, and Investment Analysis and Portfolio Management. Yushi Yoshida is a Full Professor of Economics at the Faculty of Economics of Shiga University in Japan. Before joining Shiga University, he was Full Professor of Economics at Kyushu Sangyo University. He obtained his MA and Ph.D. in Economics from Osaka University. His research interests lie in the area of international finance, including exchange rate pass-through, foreign exchange intervention, and international financial transmission. He has also written on empirical international trade, including intraindustry trade and extensive margin of exports. His recently published articles appear in the Asia Pacific Business Review, IMF Staff Papers, International Review of Economics and Finance, North American Journal of Economics and Finance, and World Economy. He is a Pass-through Research Group researcher at Research Institute of Economics, Trade, and Industry (RIETI).
Contributor Bios
Zhaoyong Zhang obtained his Ph.D. in economics from the Catholic University of Leuven (Belgium) in 1991. He is currently an Associate Professor of Economics and Deputy Director of FEMARC at Edith Cowan University (ECU) in Australia. Previously, he was Professor of Economics at NUCB Graduate School of Commerce and Business in Japan, and Associate Professor and Director of CSTE at National University of Singapore (NUS). He held several visiting professorship positions at ECU, Yokohama National University (YNU), ICSEAD ( Japan) and KIEP (Korea), and was also a visiting fellow/adjunct (Associate) Professor at University of Western Australia, University of South Australia, University of Macau as well as several universities in China. He also held several consulting positions with international institutions including OECD, IDRC and Hanns Seidel Foundation (Germany). He has been included in the 2000 Outstanding Intellectuals in the 21st Century by Cambridge International Biographical Centre in 2008; and also in Who’s Who in the World in 2007–2012. His major research interests are International Trade and Finance, East Asian Financial Crisis, East Asia Monetary and Economic Integration, Foreign Exchange Policy and Reform in China. He has published one book manuscript, 26 books chapters, and 46 articles in international journals, as well as co-edited four special issues for the international journals including Papers in Regional Science published in 2003 and The World Economy in 2006 and 2012, respectively.
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