Personal Info
Personal Info
Ming-Che Chuang 莊明哲
Associate Professor, Department of Finance, Feng Chia University.
ORCID: 0000-0002-8365-0628
Chuang, M. C.*, Huang, H. C., Huang, S. F., & Lin, S. K. (2025). Catastrophe risk with global climate change determines the price of catastrophe equity puts. North American Journal of Economics and Finance, 80, 102473. https://doi.org/10.1016/j.najef.2025.102473 [ SSCI ] [2024-IF 3.9]
Yang, W. R. & Chuang, M. C.* (2024). Does optimistic investor sentiment accelerate Taiwan stock market liquidity? Asia-Pacific Financial Markets. https://doi.org/10.1007/s10690-024-09476-5 [ ESCI ] [ 國科會財務領域 B 級期刊 ] [2024-IF 2.6]
Chuang, M. C.* & Tsai, J. T. (2024). Determining bid-ask prices for options with stochastic illiquidity and applications to index options. Pacific-Basin Finance Journal, 84, 102314. https://doi.org/10.1016/j.pacfin.2024.102314 [ SSCI ] [ 國科會財務領域 A tier-2 級期刊 ] [2024-IF 5.3]
Chen, Y. K.*, Chuang, M. C., & Li, C. H. (2023). Do capital buffers reduce bank default risk? Journal of Futures and Options, 16(1), 93-141. [ TSSCI ]
Yang, W. R. & Chuang, M. C.* (2023). Do investors herd in a volatile market? Evidence of dynamic herding in Taiwan, China, and US stock markets. Finance Research Letters, 52, 103364. https://doi.org/10.1016/j.frl.2022.103364 [ SSCI ] [ 國科會財務領域 A- 級期刊 ] [2024-IF 6.9]
Liu, Z., Zhao, L., Wu, Y. C.*, Chuang, M. C., & Wang, M. C. (2022). A well-designed implement for promoting population health and property via insurance. Frontiers in Public Health, 9, 766003. https://doi.org/10.3389%2Ffpubh.2021.766003 [ SSCI ] [2024-IF 3.4]
Lin, S. K., Chuang, M. C., & Fang, D. J.* (2021). Valuation and risk management of weather derivatives: the application of CME rainfall index binary contracts. NTU Management Review, 31(1), 117-153. https://doi.org/10.6226%2fNTUMR.202104_31(1).0004 [ ESCI ] [ TSSCI ]
Wang, S. Y., Chuang, M. C., Lin, S. K.*, & Shyu, S. D. (2021). Option pricing under stock market cycles with jump risks: evidence from the S&P 500 index. Review of Quantitative Finance and Accounting, 56(1), 25-51. https://doi.org/10.1007/s11156-020-00885-x [ ESCI ] [ 國科會財務領域 A Tier-2 級期刊 ] [2024-IF 2.1]
Chuang, M. C., Wen, C. H., & Lin, S. K.* (2020). Valuation and empirical analysis of currency options. International Review of Economics and Finance, 66, 71-91. https://doi.org/10.1016/j.iref.2019.10.013 [ SSCI ] [ 國科會財務領域 A- 級期刊 ] [2024-IF 5.6]
Chuang, M. C., Wen, C. H.*, & Lin, S. K. (2019). Pricing currency options under correlated jump risks with the generalized Fourier transform. Journal of the Chinese Statistical Association, 57(4), 308-341. [ EconLit ]
Chuang, M. C., Lin, S. K., & Chiang, M. H.* (2018). Pricing the deflation protection option in TIPS using an HJM model with inflation- and interest-rate jumps. Journal of Derivatives, 26(2), 50-69. https://doi.org/10.3905/jod.2018.1.069 [ SSCI ] [ 國科會財務領域 A Tier-2 級期刊 ] [2024-IF 0.5]
Chuang, M. C., Yang, W. R., Chen, M. C., & Lin, S. K.* (2018). Pricing mortgage insurance contracts under housing price cycles with jump risk: evidence from the U.K. housing market. European Journal of Finance, 24(11), 909-943. https://doi.org/10.1080/1351847X.2017.1359199 [ SSCI ] [ 國科會財務領域 A- 級期刊 ] [2024-IF 2.3]
Wu, Y. C., Huang, Y. T., Lin, S. K., & Chuang, M. C.* (2017). Fair valuation of mortgage insurance under stochastic default and interest rates. North American Journal of Economics and Finance, 42, 433-447. https://doi.org/10.1016/j.najef.2017.08.003 [ SSCI ] [2024-IF 3.9]
Chuang, M. C.*, Shyu, S. D., Lin, S. K., & Wu, A. C. (2017). Realized jump risks in the U.S. TB and TIPS markets. International Journal of Information and Management Sciences, 28(2), 133-152. https://doi.org/10.6186/IJIMS.2017.28.2.5 [ TSSCI ]
Chuang, M. C., Wu, A. C., Lin, S. K.*, & Wang, S. Y. (2015). Theoretical valuation and empirical analysis of currency options pricing under jump risks driven by market states. Journal of Risk Management, 17(2), 145-184.
Lin, S. K., Lin, C. H.*, Chuang, M. C., & Chou, C. T. (2014). A recursive formula for a participating contract embedding a surrender option under regime-switching model with jump risks evidence from stock indices. Economic Modelling, 38, 341-350. https://doi.org/10.1016/j.econmod.2014.01.011 [ SSCI ] [2024-IF 4.7]
Lin, S. K.*, Tsai, I. C., Chuang, M. C., & Chen, M. C. (2012). The valuation of mortgage insurance contracts under housing price cycles: evidence from housing price index. Journal of Financial Studies, 20(3), 49-70. [ TSSCI ]
張安興、莊明哲、林士貴、尹者力、陳亭甫，發明第 I825717 號太陽能發電站的價值評估設備 (2023/12)。
張安興、莊明哲、林士貴、尹者力，新型第 M634378 號太陽能發電站的價值評估設備 (2022/11)。
English as a Medium of Instruction for the Business and Finance Classroom. The University of Adelaide (2025/06).
Smart Manufacturing Program in Artificial Intelligence. Taiwan AI Academy (2022/04). LINK
逢甲大學論文著作獎勵優等獎 (2024).
逢甲大學論文著作獎勵傑出獎 (2024).
臺灣風險與保險年會暨國際學術研討會新銳論文獎 (2023)。
逢甲大學論文著作獎勵傑出獎 (2023).
逢甲大學論文著作獎勵傑出獎 (2022).
逢甲大學論文著作獎勵傑出獎 (2021).
逢甲大學論文著作獎勵優等獎 (2020).
財團法人宋作楠先生紀念教育基金會碩士論文獎 with Fang, D. J. ; Lin, S. K. (2019).
逢甲大學論文著作獎勵傑出獎 (2019).
逢甲大學論文著作獎勵傑出獎 (2018).
臺灣財務金融學會年會暨國際研討會富邦論文獎 (2016).
期貨交易所博碩士期貨與選擇權論文 (2015).
科技部獎勵人文與社會科學領域博士候選人撰寫博士論文 (2014).
世界華人不動產學會論文佳作 (2010).
Modified arbitrage-free term structure and bond pricing models: applications of state-space model. NSTC 113-2410-H-035-008-MY2 (Aug. 2024 - Jul. 2026).
Renewable energy certification valuation analysis and risk management. MOST 111-2410-H-035-042-MY2 (Aug. 2022 - Jul. 2024).
The relationship of illiquidity premia between derivatives and underlying assets. MOST 109-2410-H-035 -012 -MY2 (Aug. 2020 - Jul. 2022).
Discounts for lack of marketability under traders' imperfect timing ability and market illiquidity risk. MOST 108-2410-H-035-030- (Aug. 2019 - Jul. 2020).
Derivatives pricing and hedging with dynamic illiquidity risk. MOST 107-2410-H-035-029- (Aug. 2018 - Jul. 2019).
Business model of solar power plant operations and maintenance (Sep. 2025 - Aug. 2026).
Development and implementation of an asset valuation system and internal risk model. (Nov. 2024 - Oct. 2026).
Advanced development of a bond valuation model. (Aug. 2024 - Nov. 2025).
Development and implementation of a solar power plant pricing model. (Sep. 2022 - Oct. 2023).
Development of an internal market risk model for interest-sensitive insurance products. (Nov. 2021 - Jun. 2022).
Research and development in advanced risk management theory and practice. (Oct. 2021 - Jul. 2022).
Lin, Y. H. (2025). The impact of market volatility on the value at risk of bond portfolios: an application of quantile regression. Feng Chia University. https://hdl.handle.net/11296/zwa74m
Ke, Y. J. (2024). Green bonds pricing model with weather and default risks: application of the renewable energy market. Feng Chia University. https://hdl.handle.net/11296/7aq2gt
Hsu, S. M. (2024). The impact of ESG and carbon emissions on corporate financial performance: the ESG scores as mediating/moderating variables. National Tsing Hua University. https://hdl.handle.net/11296/u5dagb
Hsiao,C. F. (2023). The causality between implied parameters in the options market and spot return rates. Feng Chia University. https://hdl.handle.net/11296/a2z7n3
Xu, X. X. (2023). The impact of inflation and unemployment on factors of treasury yields: application of Nelson-Siegel model. Feng Chia University. https://hdl.handle.net/11296/3va97r
Chiang, Y. H. (2023). The impact of corporate financial performance on corporate social responsibility: evidence from awards of excellence in corporate social responsibility. Feng Chia University. https://hdl.handle.net/11296/bqj5x6
Kao, Y. T. (2023). Will it be better for companies to move towards sustainability? analysis of ESG stocks performance in Taiwan. National University of Kaohsiung. https://hdl.handle.net/11296/287n2x
Lo, C. Y. (2022). Analysis of herd behavior in the cryptocurrency market. Feng Chia University. https://hdl.handle.net/11296/yjqfw3
Kuo, T. H. (2022). The relationship between the US stock market and the Taiwan Index- application of Kalman Filter. Feng Chia University. https://hdl.handle.net/11296/en7e53
Lee, K. H. (2021). Impact of derivatives Illiquidity risk on underlying asset prices. Feng Chia University. https://hdl.handle.net/11296/bt55jq
Lee, T. J. (2021). Empirical analysis of jump risks in the U.S. housing market, stock market, treasury bond market. Feng Chia University. https://hdl.handle.net/11296/y3cvnw
He, C. L. (2021). Stock selection for seasoned equity offering: application of DLOM. Feng Chia University. https://hdl.handle.net/11296/c3kbs8
Chen, Y. R. (2020). Integration of technical, fundamental, and chip factors stock peeking strategies. Feng Chia University. https://hdl.handle.net/11296/a94pcb
Wang, S. M. (2020). Callable corporate bond pricing model with the redemption decision of the swap bank. Feng Chia University. https://hdl.handle.net/11296/5aja7d
Wu, H. T. (2019). Pricing collateralized mortgage obligations: using machine learning to predict prepayment rate. National Chengchi University. https://hdl.handle.net/11296/5s4g54
Fang, D. J. (2019). Valuation and risk management of weather derivatives: the application of CME rainfall index binary contracts. National Chengchi University. https://hdl.handle.net/11296/nx952g
Cheng, W. C. (2019). Valuation of callable accreting interest rate swaps: comparison between the least-squares Monte-Carlo method and trinomial tree under Hull-White interest rate model. National Chengchi University. https://hdl.handle.net/11296/a42rtn
Lin, Y. J. (2018). Pricing zero callable bonds: the comparison between trinomial Tree and the least-squares Monte-Carlo method. National Chengchi University. https://hdl.handle.net/11296/76umae
Tsai, W. H. (2018). Pricing the callable perpetual bonds with least squares Monte Carlo & artificial neural network method. National Chengchi University. https://hdl.handle.net/11296/s5c6f5