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Department of Economics
University of California at Santa Cruz
1156 High Street
Santa Cruz, CA 95064
airucheng@gmail.com
831.459.2318
http://people.ucsc.edu/~archeng


Curriculum Vitae
Courses Taught in Winter 2011

Research

Stochastic Volatility Models with MCMC Applications

"A Gaussian Approximation Scheme for Computation of Option Prices in Stochastic Volatility Models Chuanshu Ji and Beom S. Lee) (2008) Journal of Econometrics 146, 44-58.

"Return, Trading Volume and Market Depth in Currency Futures Markets,"(with Yin-Wong Cheung) (2008) International Journal of Applied Economics 5, 1-23.

"Efficient Computation of Option Prices with Stochastic Voltility Models,"(with A. Ronald Gallant and Chuanshu Ji) (2009) Work in Progress.


High-Frequency Data Analysis

"The Impact of Jumps and Microstructure Noise on Forecasting Risk and Pricing Options" (with Rituparna Sen) r&r [paper download].

Nonparametric and Semiparametric Estimation Methods in Modelling the Term Structure of Interest

"No-arbitrage Testing with Single Factor: A Nonparametric Approach,"(2005) Working Paper.

"Macroeconomic Variables, Euler Equation and Future Returns on Treasury Bonds: Semi-Nonparametric (with Yuriy Kitsul) (2009) Under Revision.

"Macroeconomic Variables, Pricing Kernels and Expected Default-Free and Defaultable Bond Returns," (with Yuriy Kitsul) (2008) Work in Progress.


Other Applied Econometrics in Finance

"An Empirical Investigation of Stock Market Behavior in Middle East and North Africa," (with Mohammad R. Jahan-Parvar and Phillip Rothman) (2010) Journal of Empirical Finance 17(3), 413-427.