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C. James Hueng

Professor of Economics

5412 Friedmann Hall

Western Michigan University

Kalamazoo, MI 49008

Phone: (269) 387-5558

Fax: (269) 387-5637

Curriculum Vitae


o   Class GPAs and teaching evaluations from past classes


o   Nowcasting GDP Growth for Small Open Economies with a Mixed-Frequency Structural Model, with Ruey Yau. Computational Economics, forthcoming.  Working paper version.

o   Measuring Real Business Condition in China, with Ping Liu.

China Economic Review, 46, 2017, pp.261-274.  Working paper version.

o   Choosing Between Value and Growth in Mutual Fund Investing, with Glenn Pettengill and George Chang.
Financial Services Review
, 23 (4), 2014, pp. 341-359.  Working paper version.

o   Are Global Systematic Risk and Country-Specific Idiosyncratic Risk Priced in the Integrated World Markets?
International Review of Economics and Finance
, 33, 2014, pp.28-38.  Working paper version.

o   Comparing Value and Growth Mutual Performance: Bias from the Fama-French HML Factor, with Glenn Pettengill and George Chang.
Academy of Economics and Finance Journal
, 4, 2013, pp. 75-86.  Working paper version.

o   Risk-Return Predictions with the Fama-French Three-Factor Model Betas, with Glenn Pettengill and George Chang.
International Journal of Economics and Finance
, 5(1), 2013, pp. 34-47.  Working paper version.

o   Country-Specific Idiosyncratic Risk and Global Equity Index Returns, with Ruey Yau.
International Review of Economics and Finance
, 25, 2013, pp. 326-337.  Working paper version.

o   Central Bank Behavior and Statutory Independence.
Atlantic Economic Journal
, 40 (2), 2012, pp. 111-126.  Winner of the 2012 AEJ Best Article Award.   Working paper version.

o   Statutory Central Bank Independence in Taiwan.
Asian Social Science
, 6 (11), 2010, pp. 17-27.  Working paper version.

o   Traditional View or Revisionist View? The Effects of Monetary Policy on Exchange Rates in Asia, with Peng Huang and Ruey Yau.
Applied Financial Economics
, 20 (9), 2010, pp. 753-760.  Working paper version.

o   Interest-Rate Risk Factor and Stock Returns: A Time-Varying Factor-Loadings Model , with Peng Huang.
Applied Financial Economics
, 19 (22), 2009, pp. 1813-1824.  Working paper version.

o   A Dual-Target Monetary Policy Rule for Open Economies: An Application to France, with Ruey Yau.
Applied Economics Letters
, 15 (12), 2008, pp. 945-948.  Working paper version.

o   Conditional Risk-Return Relationship in a Time-Varying Beta Model, with Peng Huang.
Quantitative Finance, 8 (4), June 2008, pp. 381-390.  Working paper version.

o   Output Convergence Revisited: New Time Series Results on Industrialized Countries, with Ruey Yau.
Applied Economics Letters
, 14 (1), January 2007, pp. 75-77.  Working paper version.

o   Investor Preferences and Portfolio Selection: Is Diversification an Appropriate Strategy? with Ruey Yau.
Quantitative Finance
, 6 (3), June 2006, pp. 255-271.  Working paper version.

o   Short-Sales Constraints and Stock Return Asymmetry: Evidence from the Chinese Stock Markets.
Applied Financial Economics
, 16 (10), June 2006, pp. 707-716.  Working paper version.

o   Using an Aggregate Demand-Aggregate Supply Model to Identify Structural Demand-Side and Supply-Side Shocks: Results Using a Bivariate VAR, with James Cover and Walter Enders.
Journal of Money, Credit, and Banking, 38 (3), April 2006, pp. 777-790.  Working paper version.

o   Forecasting Asymmetries in Aggregate Stock Market Returns: Evidence from Conditional Skewness, with James McDonald.
Journal of Empirical Finance, 12 (5), December 2005, pp. 666-685.  Working paper version.

o   Overreaction Effects Independent of Risk and Characteristics: Evidence from the Japanese Stock Market , with Chaoshin Chiao.
Japan and the World Economy, 17 (4), December 2005, pp. 431-455. Working paper version.

o   The Correlation Between Shocks to Output and the Price Level: Evidence from a Multivariate GARCH Model, with James Cover.
Southern Economic Journal, July 2003, pp.75-92.  Working paper version.

o   Are Policy Rules Better than the Discretionary System in Taiwan? with James Cover and Ruey Yau.
Contemporary Economic Policy 20 (1), January 2002, pp. 60-71.  Working paper version.

o   Do Bubbles or Time-Varying Risk Premiums Affect Stock Prices? A Kalman Filter Approach, with Lii-Tarn Chen and Chien-Fu Jeff Lin.
Global Business and Economics Review 2 (2), December 2000, pp. 159-171.  Working paper version.

o   Sources of Persistence in Cross-Country Income Disparities: A Structural Analysis, with Ruey Yau.
Journal of Macroeconomics, 22 (4), Fall 2000, pp. 611-630.  Working paper version.

o   The Impact of Foreign Variables on Domestic Money Demand: Evidence from the United Kingdom.
Journal of Economics and Finance, 24 (2), Summer 2000, pp. 97-109.  Working paper version.

o   Money Demand in an Open-Economy Shopping-Time Model: An Out-of-Sample-Prediction Application to Canada.
Journal of Economics and Business 51 (6), November/December 1999, pp. 489-503.  Working paper version.

o   The Demand for Money in an Open Economy: Some Evidence for Canada.
North American Journal of Economics and Finance 9 (1), Spring 1998, pp.15-31.  Working paper version.