Curriculum Vitae

Personal websites

Google scholar: https://scholar.google.com/citations?user=7YSlBAIAAAAJ&hl=en

Scopus:   https://www.scopus.com/authid/detail.uri?authorId=55855979100

Contact Information

• Address: 168 University Rd., Min-Hsiung, Chia-Yi, Taiwan 62102.

• Phone: 886-5-2720411 #24209

• Email: tzuling@ccu.edu.tw

Educations

• Ph.D., Finance, National Taiwan University, Taiwan.

• M.A., Finance, National Taiwan University, Taiwan.

• B.A., Finance, National Taiwan University, Taiwan.

Academic Experiences

• Professor and Chairman  (02/2024~), Department of Finance, National Chung Cheng University, Taiwan

• Professor  (08/2021~02/2024), Department of Finance, National Chung Cheng University, Taiwan

• Associate Professor  (08/2015-2021/07), Department of Finance, National Chung Cheng University, Taiwan

• Assistant Professor (08/2010-07/2015), Department of Finance, National Chung Cheng University, Taiwan

Publications

• Zhu, Yi-Rong, Cary C. Tsai, and Tzuling Lin (2026). Enhanced hierarchical Bayesian modeling of multi-country mortality rates with jump components. Scandinavian Actuarial Journal, forthcoming. (國科會財務學門B+期刊, SSCI) 

• Lin, Tzuling and Cary C. Tsai (2023). A new option for mortality-interest rates. Journal of Futures Markets 43, 273-293. (國科會財務學門A2 期刊, SSCI)

• Lin, Tzuling, Cary C. Tsai, and Hung-Wen Cheng (2023). Asset liability management of longevity and interest rate risks: Using survival-mortality bonds. North American Actuarial Journal 27, 74-95.

• Lin, Tzuling and Cary C. Tsai (2022). Hierarchical Bayesian modeling of multi-country mortality rates. Scandinavian Actuarial Journal, 2022 (5), 375-398. (國科會財務學門B+期刊, SSCI) 

• Lin, Tzuling, Chou-Wen Wang, and Cary C. Tsai (2021). Correlated age-specific mortality model: an application to annuity portfolio management. European Actuarial Journal 11, 413-440. 

• Lin, Tzuling and Cary C. Tsai (2020). Natural hedges with immunization strategies of mortality and interest rates. ASTIN Bulletin 50(1), 155-185. (科技部財務學門A-期刊, SSCI)

• Lin, Tzuling and Cary C. Tsai (2020). Hedging mortality/longevity risks for multiple years. North American Actuarial Journal 24(1), 118-140. (科技部財務學門B+期刊)

• Tsai, C. C, and Tzuling Lin (2017). A Buhlmann credibility approach to modeling mortality rates. North American Actuarial Journal 21 (2) 204-227. (國科會財務學門B+期刊)

• Tsai, C. C, and Tzuling Lin (2017). Incorporating the Buhlmann credibility into mortality models to improve forecasting performances. Scandinavian Actuarial Journal 2017 (5), 419-440. (國科會財務學門B+期刊, SSCI)

• Lin, Tzuling  and Cary C. Tsai (2016). Hedging mortality/longevity risks of insurance portfolios for life insurer/annuity provider and financial intermediary. Insurance: Mathematics and Economics 66, 44-58. (國科會財務學門A Tier2期刊, SSCI)

• Lin, Tzuling  and Cary C. Tsai (2015). A simple linear regression approach to modeling and forecasting mortality rates. Journal of Forecasting 34, 543-559. (SSCI)

• Lin, Tzuling, Chou-Wen Wang, and Cary C. Tsai (2015).  Age-specific copula-AR-GARCH mortality models. Insurance: Mathematics and Economics 61, 110-124. (國科會財務學門A Tier2期刊, SSCI)

• Lin, Tzuling and Karen C. Su (2015). Does Longevity Make Individual Annuities Attractive?.  Journal of Financial Studies 23, 85-104. (TSSCI)

• Lin, Tzuling and Cary C. Tsai (2014). Applications of mortality durations and convexities in natural hedges. North American Actuarial Journal 18, 417-442. (國科會財務學門B+期刊) 

• Lin, Tzuling and Cary C. Tsai (2013). On the mortality/longevity risk hedging with mortality immunization. Insurance: Mathematics and Economics 53, 580-596. (國科會財務學門A Tier2期刊, SSCI) 

• Lin, Tzuling and Larry Y. Tzeng (2010).An additive stochastic model of mortality rates: An application to longevity risk in reserve evaluation. Insurance: Mathematics and Economics 46, 423-435. (國科會財務學門A Tier2 期刊, SSCI)

Conference Presenters

• • The Twentieth International Longevity Risk and Capital Markets Solutions Conference, 9/2025, Singapore, Risk analysis in tokenization of life insurance.

  • 2021 TRIA International Conference on Risk and Insurance & Annual Meeting, Taipei, 12/2021, Mortaliy modeling. 

  • 2020 TRIA International Conference on Risk and Insurance & Annual Meeting, Taichung, 12/2020, Are longevity bonds essential from the asset liability management view?. 

  • 22nd International conference on Insurance: Mathematics and Economics, Sydney, 07/2018, Do population demographics predict equity premiums? 

  • 21th international conference on Insurance: Mathematics and Economics, Vienna, 07/2017, Hedging mortality/longevity risk for multiple years.

  • 18th international conference on Insurance: Mathematics and Economics, Shanghai, 07/2014, Age-specific copula-AR-GARCH mortality models.

  • 17th international conference on Insurance: Mathematics and Economics, Copenhagen, Denmark, 07/2013, Value at Risk for longevity under an AR-(G)ARCH mortality framework .

  • 7th International Longevity Risk and Capital Markets Solutions Conference, Frankfurt, Germany, 09/2011, Population and asset pricing.

  • 15th international conference on Insurance: Mathematics and Economics, Trieste, Italy, 06/2011, Does longevity make individual annuities attractive?

  • The World Risk and Insurance Economics Congress Conference (American Risk Insurance Association), Singapore, 07/2010, Population growth and asset pricing.

  • Financial Engineering and Risk Management 2010 Conference,Taipei, Taiwan, 06/2010, Population growth and asset pricing.

  • 5th International Longevity Risk and Capital Markets Solutions Conference, New York, USA, 09/2009, Consumption, population, and cross-section of stock returns.

Reviewers

• Insurance: Mathematics and Economics

• ASTIN Bulletin

• Scandinavian Actuarial Journal

• Economic modeling

• The Geneva Papers on Risk and Insurance - Issues and Practice

• Journal of Commodity Markets

• Journal of Forecasting

• Journal of Financial Studies

• 經濟論文

• 管理評論

• 管理學報

• 風險管理學報

• 台大管理論叢

• 中山管理評論

Grants

• 壽險保單代幣化之風險分析. 國科會專題計畫主持人(NSC 114-2410-H-194-082-) 

• 2025台灣財務工程學會年會暨國際學術研討會, 國科會國內舉辦國際學術研討會計畫主持人 

• 死亡率跳躍模型:大流行效果,死亡改善率收斂,以及平均餘命趨勢.國科會專題計畫主持人(NSC 112-2410-H-194-082-MY2)

• 長壽風險證券化，科技部專題計畫主持人(MOST 109-2410-H-194 -017 -MY3) 

• 長壽/死亡率與利率風險下之資產負債管理，科技部專題計畫主持人(MOST 107-2410-H-194 -019 -MY2)

• 應用產險定價理論於死亡率預測，科技部專題計畫主持人(MOST 105-2410-H-194 -045 -MY2)

• 長壽風險管理機制之研究，科技部專題計畫主持人(MOST 104-2410-H-194 -012)

• 保險公司定價與避險策略之探討，科技部專題計畫主持人 (MOST103-2410-H-194-048-)

• Applications of mortality durations and convexities in hedging longevity/mortality risks. Society of Actuaries (SOA), 2013 Individual Grant.

• 條件變異數不齊一下死亡率風險值之研究，國科會專題計畫主持人 (NSC102-2410-H-194-014-)

• 簡化減少因子死亡率模型：與現有模型比較，國科會專題計畫主持人 (NSC101-2410-H-194-043)

• 檢視與改良李卡特模型之系列研究，國科會專題計畫主持人 (NSC100-2410-H-194-014)

• 檢視隨機死亡率模型下之英國年金貨幣價值，國科會專題計畫主持人 (NSC99-2410-H-194-145)