"Economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions." ~ Steve Levitt ~

 "Steve must have skipped his classes in macroeconomics. We macroeconomists have a serious surplus of interesting questions but inadequate tools for gaining answers." ~ Greg Mankiw~


Refereed Journal Publications

(學術期刊著作) 
 

* 代表通訊作者 (* indicates the corresponding author) 

  1. Shiu-Sheng Chen (2012) "Revisiting the Empirical Linkages between Stock Returns and Trading Volume" Journal of Banking and Finance,  forthcoming
     
  2. Shiu-Sheng Chen* and Kai-Wei Hsu (2012) "Reverse Globalization: Does High Oil Price Volatility Discourage International Trade?" Energy Economics, forthcoming
     
  3. 陳旭昇*, 湯茹茵 (2012) 動態隨機一般均衡 (DSGE)模型在貨幣政策制定上的應用: 一個帶有批判性的回顧與展望,《經濟論文叢刊》, forthcoming
     
  4. Chen, Shiu-Sheng (2012) "Using Demographic Changes to Revisit the Consumption--Real Exchange Rate Anomaly" Manchester School,  forthcoming
     
  5. Chen, Shiu-Sheng (2012) "Consumer Confidence and Stock Returns over Market Fluctuations" Quantitative Finance, forthcoming  (Online First)  
     
  6. Chen, Shiu-Sheng (2012) "Does Extracting Inflation from Stock Returns Solve the Purchasing Power Parity Puzzle?" Empirical Economics, forthcoming (Online First)  
     
  7. Chen, Shiu-Sheng (2011) "Lack of Consumer Confidence and Stock Returns" Journal of Empirical Finance, 18:2, 225-236
     
  8. Chen, Shiu-Sheng* and Tsong-Min Wu (2010) "Taiwan's Exchange Rate and Macroeconomic Policies over the Business Cycle" Singapore Economic Review, 55:3, 435-457  
     
  9. 陳旭昇*, 吳聰敏 (2010) 台灣貨幣政策法則之檢視, 《經濟論文》, 38:1, 33-59 [Shiu-Sheng Chen* and Tsong-Min Wu (2010) "Assessing Monetary Policy in Taiwan," Academia Economic Papers, 38:1, 33-59]
     
  10.  Chen, Nan-Kuang,  Shiu-Sheng Chen and  Yu-Hsi Chou* (2010) "House Prices, Collateral Constraint, and the Asymmetric Effect on Consumption" Journal of Housing Economics, 19:1, 26-37
     
  11. Chen, Shiu-Sheng (2010) "Do Higher Oil Prices Push the Stock Market into Bear Territory?" Energy Economics, 32:2, 490-495
     
  12. Chen, Shiu-Sheng* and Yu-Hsi Chou (2010)  ''Exchange Rates and Fundamentals: Evidence from Long-Horizon Regression Tests,''  Oxford Bulletin of Economics and Statistics, 72:1, 63-88

  13. Chen, Shiu-Sheng* and Ming-Ching Luoh (2010) "Are Mathematics and Science Test Scores Good Indicators of Labor-force Quality?" Social Indicators Research, 96:1, 133-143
     
  14. Chen, Shiu-Sheng (2009) "Revisiting the Inflationary Effects of Oil Prices," Energy Journal, 30:4, 161-174

  15. Chen, Shiu-Sheng (2009) "Oil Price Pass-Through into Inflation," Energy Economics, 31:1, 126-133 
     
  16. Chen, Shiu-Sheng (2009) "Predicting the Bear Stock Market: Macroeconomic Variables as Leading Indicators," Journal of Banking and Finance, 33:2, 211-223  
    (Summarized in CFA Digest August 2009, Vol. 39, No. 3: 42-44)

     
  17. Chen, Shiu-Sheng (2008) "The Liquidity Effect in a Flexible-Price Monetary Model," Oxford Economic Papers,  60:1, 122-142

  18. 陳旭昇*, 吳聰敏 (2008) 台灣匯率制度初探 ,《經濟論文叢刊》, [Shiu-Sheng Chen* and Tsong-Min Wu (2008) "An Investigation of Exchange Rate Policy in Taiwan," Taiwan Economic Review], 36:2, 147-182
     
  19. Chen, Shiu-Sheng* and Kenshi Taketa (2007) "Assessment of Weymark's Measures of Exchange Market Intervention: The Case of Japan," Pacific Economic Review, 12:5, 545-558

  20. Chen, Shiu-Sheng (2007) "A Note on Interest Rate Defense Policy and Exchange Rate Volatility, " Economic Modelling, 24:5, 768-777
  21.  
  22. Chen, Shiu-Sheng* and Hung-Chyn Chen (2007) "Oil Prices and Real Exchange Rates," Energy Economics, 29:3. 390-404

  23. Chen, Shiu-Sheng (2007) "Does Monetary Policy Have Asymmetric Effects on Stock Returns?" Journal of Money, Credit, and Banking,  39:2-3, 667-688

  24. Chen, Shiu-Sheng (2006) "Perspectives on Teaching International Macroeconomics and Finance: Is There More Consensus in the 2000s?" Economics Bulletin, Vol. 1 no. 3, pp. 1-20

  25. Chen, Shiu-Sheng (2006) "Revisiting the Interest Rate-Exchange Rate Nexus: A Markov Switching Approach,"  Journal of Development Economics, 79:1,  208-224 

  26. Chen, Shiu-Sheng (2005) "A Note on In-Sample and Out-of-Sample Tests for Granger Causality,"  Journal of Forecasting, 24:6, 453-464
     
  27. Chen, Shiu-Sheng* and Charles Engel (2005)"Does `Aggregation Bias' Explain the PPP Puzzle?" Pacific Economic Review, 10:1, 49-72

  28. Chen, Shiu-Sheng (2004) "Real Exchange Rate Fluctuations and Monetary Shocks: A Revisit," International Journal of Finance and Economics, 9:1, 25-32
      
  29. Chen, Shiu-Sheng (2003) "Macroeconomic Fluctuations and Welfare Cost of Stabilization Policy," Journal of Policy Modeling, 25:2, 123-135

 



Monograph

(專書 著作)

``Three Essays on Monetary Economics,'' Ph.D. Dissertation, Department of Economics, University of Wisconsin-Madison. May 2004.
Advisor: Professor Kenneth D. West