2016 PhD, Economics, Rutgers, The State University of New Jersey
2013 M.A., Asset Valuation & Practice, Capital University of Economics and Business
2008 B.A., Finance (Certified Public Valuer), Capital University of Economics and Business
Academic and Professional Experience
2023 - Present Senior Lecturer, School of Business, Singapore University of Social Science
2022 - 2023 Associate Professor, School of Finance, Nankai University
2016 - 2022 Assistant Professor, School of Finance, Nankai University
Selected Publications
Lee Kuo Chuen, Li Yang, and Xu Weibiao. 2023. “Rewarding Honesty: An Incentive Mechanism to Promote Trust in Blockchain-Based E-Commerce” The Journal of The British Blockchain Association, Vol. 6(2), 1-5.
Yu Ziliang, Liu Xiaomeng, Liu Zhuqing, Li Yang. 2023. “Central bank swap arrangements and exchange rate volatility: Evidence from China” Emerging Markets Review, Vol. 56.
Li Yang. 2020. “Liquidity Regulation and Financial Stability”, Macroeconomic Dynamics, Vol4, 1240-1263.
Li Yang. 2017. “Interest Rates and Financial Fragility”, Journal of Economic Dynamics and Control, Vol.82, 195-205.
Working Papers
“Financial Stability with Fire Sale Externalities” (with Ryuichiro Izumi) R&R at Journal of Money, Credit and Banking.
“Housing Price Volatility in China: A Comprehensive Look” (with Xiaomeng Liu, Ziliang Yu) submitted to Annals of the American Association of Geographers.
“Is the Gray Rhino Coming? Frequency Transmission of Financial Shocks between Real Estate Companies and Banks in China” (with Huifu Nong, Ziliang Yu) submitted to Research in International Business and Finance.
“Disclosing fraud and Subsidizing arbitration as a trust promoting mechanism: Theory and Laboratory Evidence” (with David Lee Kuo Chuen, Fan Liu, Weibiao Xu) submitted to The Journal of FinTech.
“Does the currency swap arrangement promote the growth of China's export?—An empirical study on the effect of exchange rate fluctuations” (with Ziliang Yu) prepare to submit.
“Corporate real estate investment and long-term investment—Evidence from Chinese companies” (with Ziliang Yu) prepare to submit.
More Information
Reviewer, International Economic Review
Reviewer, Economic Theory
Reviewer, European Economic Review
Reviewer, Journal of Economic Dynamics and Control
Reviewer, Macroeconomic Dynamics
Reviewer, Research in International Business and Finance
Reviewer, The Journal of FinTech
Reviewer, IEEE Transactions on Automation Science and Engineering