Research interests
Behavioral Finance, Stochastic Dominance, Causality, Portfolio Optimization, Machine Learning
Selected publications
Mei, J., & Chow, N. S. C. (2027). Market Integration, Ambiguity, and Expected Returns: Evidence from the Stock Connect in China. Pacific-Basin finance journal, 101, 103404.
Menkveld, A. J., Dreber, A., Holzmeister, F., Huber, J., Johannesson, M., Kirchler, M., ... & Khomyn, M. K. (2024). Nonstandard errors. The Journal of Finance, 79(3), 2339-2390.
Chan, R. H., Chow, S. C., Guo, X., & Wong, W. K. (2022). Central moments, stochastic dominance, moment rule, and diversification with an application. Chaos, Solitons & Fractals, 161, 112251.
Chow, N. S. C., Valenzuela, M. R., & Wong, W. K. (2022). New tests for richness and poorness: a stochastic dominance analysis of income distributions in Hong Kong. Asia-Pacific Journal of Operational Research, 39(04), 2040025.
Chui, D., Cheng, W. W., Chow, S. C., & Ya, L. I. (2020). Eastern Halloween effect: A stochastic dominance approach. Journal of International Financial Markets, Institutions and Money, 68, 101241.
Chow, S. C., Vieito, J. P., & Wong, W. K. (2019). Do both demand-following and supply-leading theories hold true in developing countries?. Physica A: Statistical Mechanics and its Applications, 513, 536-554.
Chow, S. C., Cunado, J., Gupta, R., & Wong, W. K. (2018). Causal relationships between economic policy uncertainty and housing market returns in China and India: Evidence from linear and nonlinear panel and time series models. Studies in Nonlinear Dynamics & Econometrics, 22(2).
My google scholar profile for the full list: https://scholar.google.com.au/citations?hl=en&user=aMsAH7kAAAAJ&view_op=list_works&sortby=pubdate
Projects in the final stage
Support Theory for Gains and Losses
with Han Bleichrodt, Simon Grant, & Jingni Yang
Do ESG Funds Have Skill? A Stochastic Dominance Approach
with Ya Li, Bo Guan, & Arman Eshraghi
Diagnosing Portfolio Optimization: A Bibliometric and Empirical Review of Biases and Trends (1985--2023)
with Rishana VP, T Mohamed Nishad, & Adrian Wai-Kong Cheung
Quantifying Omitted-Factor Sensitivity in the Factor Zoo
with Adrian Wai-Kong Cheung
with Hyungsuk Lee, & Sam Ng
Economic Choice Theory: Rationality and Behavior
with Simon Grant, & Ralf Steinhauser
Projects in progress
Attention and portfolio rebalancing
with Timothy Kam
Utilizing Causal Discovery Method to Uncover Informational Characteristics related to Average Monthly Stock Returns
with Jianhua Mei, & Thomas Tao Yang
Default Options in Decision-Making under Imprecise Information
with Chien Yeh
Complexity Aversion and Asset Pricing
with Yushan Luo
Who Shapes Active Management?
with Jiajun Hu
Does ambiguity affect liquidity in the same way as volatility?
with Yanyi Liu, & Yushan Luo