Research

Selected Publication

• 1. Lee, Shih-Wei, Pai-Ta Shih, and Kuang-Chieh Yen* (2025), A Modified Skewness Premium and Stock Future Returns. Sun Yat-Sen Management Review, 33(1), 139-161. (TSSCI) [Link]

  2. Nie, Wei-Ying, and Kuang-Chieh Yen* (2024), CEO Overconfidence and Investor Sentiment in M&A Decisions. Finance Research Letters, 64, 105390. (SSCI, MOST A-, IF = 10.4, Q1) [Link] 

  3. Chang, Hsuang-Ling, Wei-Ying Nie, Li-Han Chang, Hung-Wen Cheng, and Kuang-Chieh Yen* (2023), Cryptocurrency Momentum and VIX Premium. Finance Research Letters, 57, 104196. (SSCI, MOST A-, IF = 10.4, Q1) [Link]

  4. Yen, Kuang-Chieh, Hsuang-Ling Chang*, Li-Han Chang, and Wei-Ying Nie (2023), Cryptocurrency Return Dependency and Economic Policy Uncertainty. Finance Research Letters, 56, 104182. (SSCI, MOST A-, IF = 10.4, Q1) [Link]

  5. Yang, Jen-Wei, Shih-Yung Chiu, and Kuang-Chieh Yen* (2023), Does the Realized Distribution-based Measure Dominate Particular Moments? Evidence from Cryptocurrency Markets, Finance Research Letters, 51, 103396. (SSCI, MOST A-, IF = 9.848, Q1) [Link] 

  6. Wang, Yaw-Huei, and Kuang-Chieh Yen* (2022), Volatility Information and Derivatives Trading - Directional or Volatility Trades?, Journal of Financial Studies, 30(4), 36-64. (TSSCI) [Link]

  7. Lin, Chiao-Han, Kuang-Chieh Yen, and Hui-Pei Cheng* (2021), Lottery-like Momentum in the Cryptocurrency Market. North American Journal of Economics and Finance, 58, 101552 . (SSCI, IF=2.772) [Link]

  8. Yen, Kuang-Chieh and Hui-Pei Cheng* (2021), Economic Policy Uncertainty and Cryptocurrency Volatility, Finance Research Letters, 38, 101428. (SSCI, MOST A-. IF = 3.527, Q1) [Link]

  9. Cheng, Hui-Pei and Kuang-Chieh Yen* (2020), The Relationship between the Economic Policy Uncertainty and the Cryptocurrency Market, Finance Research Letters, 35, 101308. (SSCI, MOST A-. IF = 3.527, Q1) [Link] 

  10. Chang, Kai-Jiun, Mao-Wei Hung, Yaw-Huei Wang*, and Kuang-Chieh Yen (2019), Volatility Information Implied in the Term Structure of VIX, Journal of Futures Markets, 39(1), 56-71. (SSCI, MOST A-tier 2. IF = 1.359, Q3)  [Link] 

  11. Wang, Yaw-Huei* and Kuang-Chieh Yen (2019), The Information Content of the Implied Volatility Term Structure on Future Returns, European Financial Management, 25(2), 380-406. (SSCI, MOST A-tier 2. IF = 1.470, Q3)  [Link]

  12. Wang, Yaw-Huei* and Kuang-Chieh Yen (2018), The Information Content of Option-Implied Tail Risk on the Future Returns of the Underlying Asset, Journal of Futures Markets, 38(4), 493-510 . (SSCI, MOST-A-tier-2. IF = 1.449, Q3) [Link] 

  13. Kao, Dian-Xuan, Wei-Che Tsai*, Yaw-Huei Wang and Kuang-Chieh Yen (2018), An Analysis on the Intraday Trading Activity of VIX Derivatives, Journal of Futures Markets, 38(2), 158-174. (SSCI, MOST-A-tier 2. IF = 1.449, Q3)(Leading Paper) [Link]

Other Publication

1. Cheng, Hui-Pei, and Kuang-Chieh Yen* (2020), Can the Global Economy Activity Predict Cryptocurrency Returns?, Empirical Economics Letters, 19(12). (EconLit, IF=0.91)  [Link]

2. Nie, Wei-Ying, Hui-Pei Cheng, and Kuang-Chieh Yen* (2020),  Investor Sentiment and the Cryptocurrency Market, Empirical Economics Letters, 19(11). (Leading Paper). (EconLit, IF=0.91) [Link]

3. Cheng, Hui-Pei, Kuang-Chieh Yen, and Shih-Yung Chiu* (2020), Geopolitical Risk and Cryptocurrency Market, Empirical Economics Letters, 19(10), 1175-1180. (EconLit, IF=0.91) [Link]

Working Paper

Non-submitted

1. "Lottery-like Cryptocurrencies and Economic Policy Uncertainty" with Hui-Pei Cheng 

2. "US Partisan Conflict and Cryptocurrency Market" with  Hui-Pei Cheng and Toan Luu Duc Huynh

3. "Electricity Net Generation and the Cryptocurrency Market" with Hui-Pei Cheng

4. "Terror Attacks and Cryptocurrency Trading Volume" with Hui-Pei Cheng and Shih-Yung Chiu

5. "Does COVID-19 Affect the Financial Market? " with  Hui-Pei Cheng

6. "Can the S&P 500 Index Return Predict the Bitcoin Volume and Return" with Wei-Ying Nie

7. "Does Technical Analysis work well on the dynamics of Bitcoin Prices" with Wei-Ying Nie and Yu-Li Lin

Work in Progress

• • "Does Bitcoin Performance Attract the Cash from Bank Deposit" with Hui-Pei Cheng

  • "A Study on the Effect of the Economic Policy Uncertainty of the Main Economies on the Stock Market of Developing Countries" with Jack Wu and Hui-Pei Cheng

  • "How the Text-based Uncertainty Affects the Cryptocurrency Market" with Hui-Pei Cheng