Associate Professor
Department of Economics
Fu Jen Catholic University
Email: 1976kao@gmail.com
Embedded Files
CV
Research Fields
Education and Financial Markets
Mechanism and Market Design
Teaching
International Finance
Money and Banking
Data Analysis with R
slides: R Introduction
slides: Graphs
slides: Describing Data
slides: Sampling and Inference
slides: ANOVA
slides: Regression
slides: Tests for Proportions
slides: Clustering
My courses emphasize the practice and the relevance to the real world.
I find that sharing my experience in the financial market and analyzing student-level data can effectively enhance students' motivation to learn.
Career
I received my PhD in International Business from National Taiwan University in 2009.
From 2005 to 2006, I was a Market Economist for analyzing interest rates and exchange rates in Jihsun International Financial Holding.
During the periods 2010-2011 and 2012-2016, I was the Division Chief, University Planning and Development Division, Research and Development Office (R&D Office), CYCU.
From 2016 to 2017, I was the Vice Dean, R&D Office, CYCU.
Due to work experience, my research interests are in the areas of higher education and financial markets.
Highlights
In many Asian countries, colleges use entrance exams to screen student quality, and students only can apply to one when colleges have exams on the same date.
Avery, Roth, and Lee (2014) study the college admissions reform in South Korea, and find that colleges with high prestige tend to conflict with the best one on the entrance exam dates before the policy reform.
In Chen and Kao (2014), we explore a general concept in college admissions in which students’ choice set is limited by colleges’ strategic action, called the conflicting strategy, such as early decision programs in the US or simultaneous entrance exams in Asia, in order to prevent multiple applications.
We recently finished two studies (empirical testing in Chen and Kao, 2023; experimental testing in Chen, Chen, and Kao, 2018) to justify the model prediction. We conclude that colleges’ prestige and students’ uncertainty about admissions outcomes are two important factors.
Publication
Kao, Yi-Cheng; Wei-Cheng Chen; Pei-Ju Liao (2024), “Closing the Ph.D. Talent Gap in Taiwan: A Macroeconomic Analysis,” Academia Economic Papers. vol.52, p.165-206. paper
Chen, Wei-Cheng; Lin Chen; Yi-Cheng Kao (2024), “Efficient Mask Allocation during a Pandemic,” Review of Economic Design. vol.28, p.375-311. paper
Chen, Wei-Cheng; Yi-Cheng Kao; Yi-Hsuan Lin (2024), “Efficient Work-From-Home Allocation for Pandemic Mitigation,” Review of Economic Design. vol.28, p.45-67. paper
Chen, Wei-Cheng; Yi-Cheng Kao (2023), “Limiting Applications in College Admissions and Evidence from Conflicting Exam Dates,” Journal of Human Capital, vol.17, p.434-461.
Chen, Wei-Cheng; Yi-Yi Chen; Yi-Cheng Kao (2018), “Limited Choice in College Admissions: An Experimental Study,” Games and Economic Behavior, vol.108, p.295-316.
Kao, Yi-Cheng; Chien-Hui Lin (2017), “Enrollment Game: Conflicting Entrance Examinations of Graduate Schools in Taiwan,” Taiwan Economic Review, vol.45, p.495-513.
Chen, Wei-Cheng; Yi-Cheng Kao (2014), “Simultaneous Screening and College Admissions,” Economics Letters, vol.122, p.296-298.
Chen, Shikuan; Yi-Cheng Kao (2014), “Bank Runs and Interest Rates,” Taiwan Economic Review, vol.42, p.1-21.
Kao, Yi-Cheng; Chung-Ming Kuan; Shikuan Chen (2013), “Testing the Predictive Power of the Term Structure without Data Snooping Bias,” Economics Letters, vol.121, p.546-549.
Chen, Shikuan; Yi-Cheng Kao (2012), “Measuring Financial Integration of Taiwan to East Asian Markets,” Review of Securities and Futures Markets, vol.24, p.45-66.
Chen, Shikuan; Yi-Cheng Kao (2010), “Money, Barter, and Consumption Interdependence,” Economics Letters, vol.106, p.119-121.
Working Papers and Work in Progress
Dur, Umut; Yi-Cheng Kao; Scott Paiement (2024), “Market Design of College-Major Switches for Reducing Student-Major Mismatch,” work in progress.
Kang, Danny Po-Hsien; Joseph Tao-yi Wang; Yi-Cheng Kao; Wei-Cheng Chen (2024), “Closing the Gender Gap in STEM: Evidence from the 2019 Taiwanese College Admission Reform,” work in progress.
Zack C.H. Lin; Will K.C. Hung; Yi-Cheng Kao (2024), “Efficient allocation of College Admission Quota in Taiwan,” work in progress.
Dur, Umut; Yi-Cheng Kao; Scott Paiement (2023), “Major Switching at Selective Colleges,” manuscript.
Chen, Wei-Cheng; Yi-Cheng Kao (2019), “Expanding Applications in College Admissions,” manuscript. paper slides
Conference Presentations
17th Meeting of the Society for Social Choice and Welfare, Paris, 2024.
Taiwan Economics Research, Taipei, 2023.
Asian Meeting of the Econometric Society, Singapore, 2023.
21th Annual Conference of the Society for the Advancement of Economic Theory, Canberra, 2022.
Annual Conference of Taiwan Economic Association, Taipei, 2021.
20th Annual Conference of the Society for the Advancement of Economic Theory, Seoul, 2021.
COVID-19 Policy Conference of Taiwan Economic Association, Taipei, 2020.
Econometric Society Australasian Meetings, Perth, 2019.
Taiwan Economics Research, Taipei, 2019.
Conference on Economic Design, Budapest, 2019.
Taiwan Economics Research, Taipei, 2018.
14th Meeting of the Society for Social Choice and Welfare, Seoul, 2018.
18th Annual Conference of the Society for the Advancement of Economic Theory, Taipei, 2018.
Inaugural Conference of Asian and Australasian Society of Labour Economics, Canberra, 2017.
Singapore Economic Review Conference, Singapore, 2017.
Asian Meeting of the Econometric Society, Hong Kong, 2017.
Asian Meeting of the Econometric Society, Kyoto, 2016.
13th Meeting of the Society for Social Choice and Welfare, Lund, 2016.
Taiwan Economics Research, Taipei, 2016.
The Association for Public Economic Theory 15th Meeting, Luxembourg, 2015.
Econometric Society Australasian Meetings, Hobart, 2014.
11th Meeting of Society for Social Choice and Welfare, New Delhi, 2012.
The Association for Public Economic Theory 12th Meeting, Taipei, 2012.
Seminar Presentations
Department of Economics, National Chung Cheng University, 2024. (scheduled)
Research Center for Humanities and Social Sciences, Academia Sinica, 2023.
Department of Economics, National Chengchi University, 2023.
Institute of Economics, Academia Sinica, 2021.
Department of Economics, National Cheng Kung University, 2021.
Institute of Economics, Academia Sinica, 2020.
Department of Economics, National Taiwan University, 2020.
Research Center for Humanities and Social Sciences, Academia Sinica, 2019.
Department of Economics, National Tsing Hua University, 2018.
Institute of Economics, Academia Sinica, 2017.
Department of Economics, National Chung Cheng University, 2017.
Department of Economics, National Chengchi University, 2015.
Department of Economics, National Tsing Hua University, 2014.
Department of Economics, National Chung Cheng University, 2013.
Institute of Economics, Academia Sinica, 2012.
The Research Center for Humanities and Social Sciences, Academia Sinica, 2012.
Department of Economics, National Chung Cheng University, 2010.
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