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CHEN, Jian


PhD, University of Essex




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Research Fields:Finance

Biography Research Papers Research Projects

Jian Chen is Professor of Finance at the Department of Finance, School of Economics, Xiamen University. Professor Chen’s primary research fields are financial big data, fintech, asset pricing, and financial engineering. He is interested in issues related to investor sentiment, investor attention, labor asset pricing, return predictability, application of machine learning in finance, option market, and China stock market. His papers in these areas have been published in the Journal of International Money and Finance, Journal of Future Market, Journal of Financial Research, and Journal of Management Sciences in China. Before joining Xiamen University, Professor Chen was working for Dagong Credit Rating Ltd., as an analyst for bond rating and structural financing. He earned a PhD in finance from the Essex Business School.


Selected Publications:

1. Bid and ask prices of index put options: Which predicts the underlying stock returns? (with Yangshu Liu), Journal of Future Market, 2020, forthcoming.

2. Option implied tail risk and predictability of stock return (with Yifan Zhang, Jimin Hong), Journal of Management Sciences In China, 2019, 10, 72-81。

3. The world predictive power of U.S. equity market skewness (with Fuwei Jiang, Shuyu Xue, and Jiaquan Yao), Journal of International Money and Finance, 2019, 96, 210-227.

4. Realized skewness of Chinese stock market and the predictability of stock return (with Yifan Zhang), Journal of Financial Research, 2018, 9: 107-125。

5.  Economic policy uncertainty in China and stock market expected returns (with Fuwei Jiang and Guoshi Tong), Accounting and Finance, 2017, 57(5), 1265-1286.

6. Financial development and regulation in China, Emerging Market Finance and Trade, 2017, 53: 1705. (Invited for Guest Editor’s Introduction)

7.  International volatility risk and Chinese stock return predictability (with Fuwei Jiang, Yangshu Liu, and Jun Tu), Journal of International Money and Finance, 2017, 70: 183-203. 

8.  Chinese stock market volatility and the role of U.S. economic variables (with Hongyi Li, Fuwei Jiang, and Weidong Xu), Pacific-Basin Finance Journal, 2016, 39, 70-83. 

9.  Risk aversion, fanning preference, and volatility smirk on S&P500 index options (with Chenghu Ma), Applied Economics, 2016, 48(35): 3277-3292.

10. Asset allocation in the Chinese stock market: The role of return predictability (with Fuwei Jiang and Jun Tu), Journal of Portfolio Management, 2015, 41(China issue): 71-83. 

11. An option pricing method based on the fanning preference, Journal of Manangement Sciences in China, 2014, 3:27-36。