• 2015: The Chinese Household Response to Minimum Wage Increases
• 2013: Asset Allocation and Monetary Policy

• Asset Allocation and Monetary Policy: Evidence from the Eurozone

• 2016: Exploring the Diffusion and Dynamics of Producer Prices Across Asian Countries
• 2015: Chinese Monetary Policy in a DSGE Model with Parallel Shadow Banking
• 2011: What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics
• 2007: Modelling the Volatility Transmission between Renminbi and Asia Pacific US Dollar Futures
• 2005: Inflation Dynamics in Mainland China
• 2003: Growth and Convergence in a Two-region Model: The Hypothetical Case of Korean Unification

• Mapping China’s Time-Varying House Price Landscape
• To Guide or not to Guide? Quantitative Monetary Policy Tools and Macroeconomic Dynamics in China
• The Diffusion and Dynamics of Producer Prices, Deflationary Pressure Across Asian Countries, and the Role of China
• Monetary Policy Transmission in China: A DSGE Model with Parallel Shadow Banking and Interest Rate Control
• What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics
• Volatility Dependence across Asia-Pacific Onshore and Offshore Currency Forwards Markets
• Inflation in Mainland China - Modelling a Roller Coaster Ride
• Growth and Convergence in a Two-region Model: The Hypothetical Case of Korean Unification

• 2014 - 2015: Modelling the Chinese Economy with Structural Changes

• 2016: Quantifying Financing Needs in “Belt and Road” Countries and Industries
• 2015: Banking Deregulation, Competition and Bank Earnings Management
• 2013: Does Bank Monitoring Matter to Bondholders? (Joint project of Joel F. HOUSTON, Chen LIN, and Junbo WANG)
• 2011: Bank Regulation, Supervision and Bank’s Risk Takings: Evidence from Financial Crisis

• Quantifying Financing Needs in the Belt and Road Countries and Industries
• Financial Flexibility and Corporate Cash Policy
• Competition and Bank Opacity
• Does Bank Monitoring Matter to Bondholders?
• Regulatory Arbitrage and International Bank Flows
• Financial Innovation: The Bright and the Dark Sides

Chen Lin is the Stelux Professor in Finance, Chair Professor of Finance and the Associate Dean (Research) of the Faculty of Business and Economics at the University of Hong Kong. He is also the Director of the Center of Financial Innovation and Development at the University of Hong Kong. Before joining HKU, he was on the finance faculty at the Chinese University of Hong Kong (CUHK), where he became a Full Professor in Finance in 2010 and the Choh-Ming Li Professor in Finance in 2012. He received his Bachelor of Engineering from the South China University of Technology in 2000 and a MBA (2004), M.A. (2005) and Ph.D. (2006) from Warrington College of Business Administration, University of Florida. His research interests include banking and financial institutions, corporate finance, financial contracting, financial regulation, and development economics. He has published more than twenty papers in leading academic journals such as Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Accounting Research, Management Science, Journal of Public Economics and Journal of Development Economics. He also published in Journal of Corporate Finance, Journal of Banking & Finance, Journal of Risk and Insurance, Journal of International Money and Finance, Journal of Comparative Economics, Journal of Regulatory Economics, Review of Industrial Organization, and others. His papers received various awards such as the Jensen Prize (First Prize) for the Best Papers Published in the Journal of Financial Economics in the Areas of Corporate Finance and Organizations, the Chicago Quantitative Alliance Asian Academic Competition Research Paper Award, the Hong Kong Asian Capital Market Research Prize awarded by CFA Institute and HKSFA, and two Best Paper Awards at the 9th International Conference on Asia-Pacific Financial Markets. He was also awarded the Changjiang Scholar Chair Professorship by the Ministry of Education of China in 2013. He was also ranked among the Top 20 young economists by IDEAS in 2014. He is the Principal Investigator of several RGC Competitive Earmarked Research Grants and a Co-Principal Investigator of a RGC Theme-based Research Grant, the first large-scale, theme-based business research grant in Hong Kong. His works and views have been presented in top finance conferences such as American Finance Association annual conference, European Finance Association annual conference and Western Finance Association annual conference, and various conferences held by institutions such as Asian Development Bank, the Bank of International Settlement, China Banking Regulatory Commission, China Security Regulatory Commission, Hong Kong Monetary Authority, International Monetary Fund, the Federal Reserve Banks, National Bureau of Economic Research and the World Bank and covered by BBC World TV, Bloomberg, Foreign Policy, Financial Times, Harvard Law School Forum on Corporate Governance and Financial Regulation, China Daily, CFA Digest, Hong Kong Satellite TV, Phoenix Satellite TV, VoxEU, Wall Street Journal (Real Time Economics) and World Bank Doing Business Report. He serves as a panel member of the Research Grant Council of Hong Kong and the RAE exercise conducted by University Grants Committee of Hong Kong. He was also a research fellow at the Hong Kong Institute for Monetary Research (HKIMR).

• 2015: The International Transmission of U.S. Monetary Policy: New Evidence from Trade Data

• The International Transmission of U.S. Monetary Policy: New Evidence from Trade Data

• 2016: China’s Monetary Transmission Mechanism: Time for the Taylor Rule?
• 2015: Quantitative Easing and Tapering Near and Far: Quantifying the Effects on Emerging Markets
• 2012: Finding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe following Sudden-Stops in External Credit
• 2009: A Bayesian Macroeconomic Analysis of Hong Kong: Price Stickiness, Financial Frictions and Sources of Volatility
• 2004: The Risks of Renminbi Revaluation and Hong Kong Financial Market Adjustment
• 2003: Deflation Dynamics in Hong Kong

• Policy Rules in Times of Prolonged Crisis: Quantitative Easing Abroad and Fiscal Adjustment at Home
• Monetary Rules and Policy Targets under Managed Exchange Rates and Capital Controls: The Case of China
• Finding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe
• Structural Change and Counterfactual Inflation-Targeting in Hong Kong
• Renminbi Revaluation, Euro Appreciation and Chinese Markets: What Can We Learn From Data?
• Deflationary Dynamics in Hong Kong: Evidence from Linear and Neural Network Regime Switching Models
• A Comparison of US and Hong Kong Cap-Floor Volatility Dynamics

Paul D. McNelis holds the Robert Bendheim Chair in Economic and Financial Policy in the Department of Finance, Graduate School of Business Administration, Fordham University. His office is located at 1790 Broadway, Room 1322. He arrived at Fordham in Fall, 2005.

McNelis was previously a Professor of Economics at Georgetown, joining the faculty in 1977 as an Assistant Professor. His Ph. D. is from Johns Hopkins University in Baltimore and his undergraduate degree is from Boston College. He was born in Hazleton, Pa., where his father was Executive Director of the United Mine Workers Health and Welfare Fund, and his mother worked for the Pennsylvania State Department of Employment Security. After completing his theological studies McNelis was ordained as a Catholic priest for the Maryland Province of the Society of Jesus on June 4, 1977 .

At Georgetown McNelis regularly taught courses in the fields of International Finance, Macro, and Monetary Economics. McNelis also worked as the faculty liaison of the Georgetown M.A.-Economics collaborative program (Instituto Latinoamericano de Doctrina y Estudios Sociales, ILADES ) since its 1987 inception in Santiago,Chile. ILADES is now part of the newly formed Universidad Alberto Hurtado in Santiago.

McNelis has worked with various international development organizations in Washington as well as central banks throughout the world, such as the Central Bank of Ireland, the Reserve Bank of Australia, the Reserve Bank of New Zealand, the Bank of Indonesia, the Hong Kong Monetary Authority, the Bank of Japan, the Central Bank of the Philippines, and Bank Bangladesh.

McNelis was also a visiting professor at Trinity College, Dublin in 1986-87, the first Philips visiting professor at the Vargas Foundation in Sao Paulo, Brazil during the 1994-95 academic year, and the Gasson Professor of Economics at Boston College during the 2001-02 academic year. He has taught in multiple languages, offering short courses on Neural Networks and Finance in Portuguese in Sao Paulo and Brasilia, Brazil, and in Spanish in Barcelona, Leon, and Santiago, Chile.

His writings are in the field of Computational Macroeconomics, concentrating on problems of adjustment and financial liberalization in Latin America and Asia. His current research is on applications of neural networks and genetic algorithms for predicting exchange rate and asset-price instabilities, for assessing the effects of alternative monetary aggregates on inflation and interest rates in the short run, for evaluating credit risks in emerging markets, and solving real business cycle models.

Neural Networks in Finance: Gaining Predictive Edge in the Market, (Elsevier Academic Press) was published in Jan. 2005, and another book, Computational Macroeconomics for the Open Economy (MIT Press), appeared in Oct. 2008 The latter is a collaborative venture with Professor Guay C. Lim of the Melbourne Institute of Applied Economic and Society Research, University of Melbourne, Australia.

• 2015: Fiscal Policy Shocks and Real Exchange Rates
• 2009: International Portfolio Holdings: Source and Host Country Influences on Home Bias
• 2002: News Spillovers in the Sovereign Debt Market
• 2001: Foreign Exchange Exposure and Exchange Rate Arrangements in East Asia
• 2000: Accounting for Real Exchange Rate Changes in East Asia

• Return Comovement
• Sovereign Credit Ratings, Transparency and International Portfolio Flows
• Evaluating Exchange Rate Management An Application to Korea
• News Spillovers in the Sovereign Debt Market
• Foreign Exchange Exposure and Exchange Rate Arrangements in East Asia
• Pricing in International Markets: A 'Small Country' Benchmark
• Exchange Rate Pass -Through in a Small Open Economy: Panel Evidence from Hong Kong
• Accounting for Real Exchange Rate Changes in East Asia

Prior to his doctoral studies, Professor Parsley worked in consulting and for the Federal Reserve Bank of San Francisco. His research interests are in the fields of international finance and macroeconomics. He has concentrated on the macroeconomics of exchange rates, prices and the relationship between the two. His current research is directed in two main areas: (1) purchasing power parity (PPP) and whether convergence toward purchasing power parity is impacted by the monetary regime, and (2) the economic and time-series characteristics of international market segmentation. Professor Parsley teaches courses in macroeconomics, international trade and commercial policy, international economics, and international business at Vanderbilt University where is an Associate Professor at the Owen Graduate School.

• 2015: Predicting the People’s Bank of China Monetary Policy Decisions Using Forecast Combinations

• Predicting China’s Monetary Policy with Forecast Combinations
• Stability Tests for Heterogeneous Panel Data
• Inflation in Hong Kong, SAR - In Search of a Transmission Mechanism

• 2015: Intermediate Input Imports and Innovation: Evidence from Chinese Firms
• 2013: Managerial Capacity, Export Product Scope and Trade Liberalization: Theory and Evidence from China

• Effects of Intermediate Input Tariff Reduction on Innovations in China
• Multiproduct Firms, Export Product Scope, and Trade Liberalization: The Role of Managerial Efficiency

• 2017: Identifying Asian Bank Lending Standards
• 2014 - 2015: Systemic Risk in Asian Bank Lending
• 2010: Rating Performance and Agency Incentives of Asian Structured Finance Transactions
• 2009: Asset Volatility, Credit Quality and Recovery for Hong Kong Borrowers
• 2007: Stressing Credit Risk Forecasts for the Hong Kong Banking System

• The role of loan portfolio losses and bank capital for Asian financial system resilience
• Securitization Rating Performance and Agency Incentives
• The Empirical Relation between Credit Quality, Recovery, and Correlation
• Credit Losses in Economic Downturns - Empirical Evidence for Hong Kong Mortgage Loans

• 2020: Monetary Policy Uncertainty in China
• 2017: Asymmetric Monetary Policy Transmission in China: The Role of State‐Owned Enterprises
• 2015: Monetary Policy in China: A Qual VAR Approach
• 2014: The Effects of Unconventional Monetary Policies on Capital Flows to Emerging Market Economies
• 2011 - 2012: House Prices in Asia: The Role of Capital Flows and LTV Ratios
• 2010: Inflation Targeting and Inflation Persistence in Asia

• Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China
• The Effectiveness of Monetary Policy in China: Evidence from a Qual VAR
• Unconventional Monetary Policy Shocks and the Spillovers to Emerging Markets
• Capital Inflows and Asset Prices: Evidence from Emerging Asia
• Inflation Targeting and Inflation Persistence in Asia-Pacific

• 2018: Evidence of a Global Capital Flows Cycle
• 2017: Understanding the Co-movement between Capital Inflows and Capital Outflows
• 2015: Slow Money: Implications for Capital Flows and Business Cycles
• 2012: On the Global Nature of the Great Recession
• 2010: Risk, Liquidity and Leverage in Macroeconomics
• 2009: Gravity in International Finance
• 2008: International Capital Flows under Dispersed Information
• 2006: A Model of External Adjustment
• 2005: Predictable Expectational Errors in Financial Markets

• Global Drivers of Gross and Net Capital Flows
• Gradual Portfolio Adjustment: Implications for Global Equity Portfolios and Returns
• The Great Recession: A Self-Fulfilling Global Panic
• Sudden Spikes in Global Risk
• Self-Fulfilling Risk Panics
• Gravity in International Finance
• On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals
• Disconnect and Information Content of International Capital Flows: Evidence and Theory
• International Capital Flows
• Predictability in Financial Markets: What Do Survey Expectations Tell Us?

• 2015: The Effect of Credit Default Swaps on Investment: Evidence from Asia

• Credit Default Swaps, Exacting Creditors and Corporate Liquidity Management

• 2015: The Causes and Cures of Financial Crises

• A New Dilemma: Capital Controls and Monetary Policy in Sudden-Stop Economies

• 2018: International Financial Networks and Monetary Spillovers
• 2015: Monetary Policy, Financial Stability and Exchange Rate Dynamics

• A New Dilemma: Capital Controls and Monetary Policy in Sudden-Stop Economies

• 2015: Firm-level Responses to External Shocks