Prof Xiaoming Li staff profile picture

Contact details +64 (09) 414 0800  ext. 43177

Prof Xiaoming Li

Professor in Financial Economics

School of Economics and Finance

Xiaoming Li received his PhD from University of Strathclyde in 1994, and then worked as a postdoctoral research fellow at University of Sheffield before joining Massey University in 1997. Since then, he has taught 12 different economics papers at the undergraduate and postgraduate levels, and supervised/examined research reports, MBS theses and PhD theses from both within and outside Massey University. Four supervised PhD students successfully completed their theses. After obtaining a PhD, three of them were subsequently appointed to, respectively, Senior Researcher, Senior Lecturer and Postdoctoral Research Fellow, and one has now become Full Professor.

Li’s research and teaching interests are in the fields of macroeconomics, financial economics, international economics/finance and Chinese economy. His research work straddles a wide range of topics. These topics look at co-movements of international commodity-equity and oil-equity markets; foreign exchange markets; diversification benefits of portfolios; asset pricing; risk management; stock markets in emerging economies, market efficiency; market integration; and China's macroeconomic stabilization, economic reform, economic growth, and policy impacts on financial markets.

Li has published extensively in refereed journals (including A*- and A-rated journals), books, and international conferences, and his articles have been widely cited and downloaded by other researchers including world-renowned ones. Li has reviewed close to 70 manuscripts submitted to various economics/finance journals, and has served on the editorial boards of the following journals: Scottish Journal of Political Economy (January 2005 – date), Journal of Chinese Economic and Business Studies (December 2001- date), TiBEC Journal of Business and Economics (June 2008 – date), The Open Economics Journal (2008 – 2012), Terengganu International Finance & Economics Journal (2011 – 2013), and International Centre of Science, Education and Academic Research for Scholars (ISS) (August 2012 – date).

Jointly with a professor from Nanjing University (P R China), Li as a co-leader and a principal investigator successfully applied for China's most prestigious NNSFC (National Natural Science Foundation of China) funding in 2011. Li received an Advanced Researcher Award in 2005, a First-Class Paper Prize in 2004, an Emerging Researcher Award in 2001, Citation of Excellence for Originality Awards for two journal articles published in 2001 and 1997, and an APEC Finance and Development Program Research Grant in 2003 with his research proposal being ranked number 2 in the ranking list of all proposals submitted by researchers from APEC member countries.

Li has been appointed by Nanjing University as Adjunct Professor, and by University of Macau as an external reviewer of promotion applications. He has been included in Marquis’ Who's Who in the World, the AcademicKeys Who's Who in Business Higher Education (WWBHE), and the Story of Successful Chinese People Overseas (New Zealand Volume 1).

Xiaoming Li graduated with a PhD from University of Strathclyde, and worked as a postdoctoral research fellow at University of Sheffield, before joining Massey University in 1997. Since then, he has taught economics at the undergraduate and postgraduate levels, and supervised/examined research reports, MBS theses and PhD theses from both within and outside Massey University. Li’s research interests straddle macroeconomics, financial economics, international economics/finance and Chinese economy. He has published extensively in journals, books and international conferences, has received several prestigious awards/prizes/grants, and has served as a reviewer for many economics/finance journals and on several editorial boards.

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Professional

Contact details

  • Ph: 414 0800 extn 43177
    Location: QB 2.52, Quad B
    Campus: Albany

Research Expertise

Research Interests

Macroeconomics, financial economics, international economics and Chinese economy

Research Outputs

Journal

Bai, M., Li, XM., & Qin, Y. (2017). Shortability and asset pricing model: Evidence from the Hong Kong stock market. Journal of Banking and Finance. 85, 15-29
[Journal article]Authored by: Li, X., Qin, Y.
Kleinbrod, VM., & Li, XM. (2017). Order flow and exchange rate comovement. Journal of International Money and Finance. 77, 199-215
[Journal article]Authored by: Li, X.
Li, XM., & Peng, L. (2017). US economic policy uncertainty and co-movements between Chinese and US stock markets. Economic Modelling. 61, 27-39
[Journal article]Authored by: Li, X.
Zou, L., Tang, T., & Li, X. (2016). The stock preferences of domestic versus foreign investors: Evidence from Qualified Foreign Institutional Investors (QFIIs) in China. Journal of Multinational Financial Management. 37-38, 12-28
[Journal article]Authored by: Li, X., Zou, L.
Bai, M., Li, XM., & Qin, Y. (2016). Short-selling constraints and stock-valuation pattern: a regime–event analysis. Applied Economics. 48(56), 5462-5484
[Journal article]Authored by: Li, X., Qin, Y.
Dassanayake, W., Li, X-M., & Buhr, K. (2015). A revisit of price discovery dynamics across Australia and New Zealand. Research Report Series. 3/2015(3), 1-26 Retrieved from http://www.unitec.ac.nz/epress/
[Journal article]Authored by: Li, X.
Li, XM., Zhang, B., & Gao, R. (2015). Economic policy uncertainty shocks and stock-bond correlations: Evidence from the US market. Economics Letters. 132, 91-96
[Journal article]Authored by: Li, X.
Li, X. (2014). Rethinking long memory and structural breaks in the forward premium. Scottish Journal of Political Economy. 61(4), 455-485
[Journal article]Authored by: Li, X.
Zhang, B., & Li, X. (2014). Has there been any change in the comovement between the Chinese and US stock markets. International Review of Economics and Finance. 29, 525-536 Retrieved from http://www.sciencedirect.com/science/article/pii/S1059056013000750?via=ihub
[Journal article]Authored by: Li, X.
Zhang, B., & Li, XM. (2016). Recent hikes in oil-equity market correlations: Transitory or permanent?. Energy Economics. 53, 305-315
[Journal article]Authored by: Li, X.
Zhang, B., Li, XM., & He, F. (2014). Testing the evolution of crude oil market efficiency: Data have the conn. Energy Policy. 68, 39-52
[Journal article]Authored by: Li, X.
Li, X-M. (2014). Asset pricing and share reforms: An anatomy of China's investable stocks. Asia-Pacific Financial Markets. 21(1), 15-34 Retrieved from http://link.springer.com/article/10.1007/s10690-013-9174-3
[Journal article]Authored by: Li, X.
Li, XM. (2010). How do exchange rates co-move? A study on the currencies of five inflation-targeting countries. Journal of Banking and Finance.
[Journal article]Authored by: Li, X.
Li, X., & Zou, L. (2009). A dynamic conditional correlation analysis for emerging market integration and portfolio correlation. Journal of International Finance and Economics. 9(2), 116-128
[Journal article]Authored by: Li, X., Zou, L.
Xu, Q., & Li, XM. (2009). Estimation of dynamic asymmetric tail dependences: An empirical study on Asian developed futures markets. Applied Financial Economics. 19(4), 273-290
[Journal article]Authored by: Li, X.
Li, XM., & Rose, LC. (2009). The tail risk of emerging stock markets. Emerging Markets Review. 10(4), 242-256
[Journal article]Authored by: Li, X.
Li, X., & Zou, L. (2008). How do policy and information shocks impact co-moverments of China's T-Bond and stock markets. Journal of Banking and Finance. 32(3), 347-359 Retrieved from http://www.sciencedirect.com/science/article/pii/S0378426607002142
[Journal article]Authored by: Li, X., Zou, L.
Buhr, K., Li, X., & Rose, LC. (2008). Forecasting stock market volatility and assessing information content present in S & PASX 200 index option prices in Australia. Journal of Accounting and Finance. 7, 15-30
[Journal article]Authored by: Li, X.
Li, XM., & Xu, Q. (2008). Evaluating density forecasts of the model with a conditional skewed-t distribution for China's stock markets. Applied Financial Economics. 18(3), 213-227
[Journal article]Authored by: Li, X.
Li, XM., & Rose, LC. (2008). Market integration and extreme co-movements in APEC emerging equity markets. Applied Financial Economics. 18(2), 99-113
[Journal article]Authored by: Li, X.
Li, X., & Zou, L. (2007). Forecasting performance of CBOE implied volatility indices. Journal of Accounting and Finance. 6, 99-122
[Journal article]Authored by: Li, X., Zou, L.
Zou, L., & Li, X. (2007). Intra-night T-bond futures trading for US Macroeconomic news releases: Australian Evidence. Journal of Accounting and Finance. 6, 57-71
[Journal article]Authored by: Li, X., Zou, L.
Chen, KJ., & Li, XM. (2006). Is technical analysis useful for stock trades in China? Evidence from the SZSE Component A-Share Index. Pacific Economic Review. 11(4), 477-488
[Journal article]Authored by: Li, X.
Li, X., & Zou, L. (2006). How do policy and information shocks impact co-movements of China's T-bond and stock markets?. : Massey University, Department of Commerce
[Internet publication]Authored by: Li, X., Zou, L.
Li, X., & Rose, LC. (2006). The impact of evolving market integration on APEC emerging stock markets' world betas. International Journal of Business Management and Economics. 2(8), 79-105
[Journal article]Authored by: Li, X.
Li, XM. (2006). A revisit of international stock market linkages: New evidence from rank tests for nonlinear cointegration. Scottish Journal of Political Economy. 53(2), 174-197
[Journal article]Authored by: Li, X.
Meyer, TO., Li, X., & Rose, LC. (2005). Comparing mean variance tests with stochastic dominance tests when assessing international portfolio diversification benefits. Financial Services Review:. 14(2), 149-168 Retrieved from http://www.questia.com/library/1P3-857337401/comparing-mean-variance-tests-with-stochastic-dominance
[Journal article]Authored by: Li, X.
Li, XM. (2005). China's economic growth: What do we learn from multiple-break unit root tests?. Scottish Journal of Political Economy. 52(2), 261-281
[Journal article]Authored by: Li, X.
Li, X. (2004). A quasi-bayesian analysis of structural breaks: China's output and productivity series. International Journal of Business and Economics. 3(1), 57-65 Retrieved from http://www.ijbe.org/table%20of%20content/pdf/vol3-1/vol3-1-07.pdf
[Journal article]Authored by: Li, X.
Li, X. (2004). The long-run and short-run multipliers of fiscal policy in the Chinese economy. Journal of Chinese Economic and Business Studies. 2(2), 115-131 Retrieved from http://www.tandfonline.com/doi/abs/10.1080/14765280410001684788
[Journal article]Authored by: Li, X.
Bing, Z., & Li, X. (2003). An evolving market efficiency test on Chinese stock market. Jingji Yanjiu (Economic Research Journal). (1), 54-61 Retrieved from http://www.oriprobe.com/journals/caod_3175/2003_1.html
[Journal article]Authored by: Li, X.
Li, XM. (2003). China: Further evidence on the evolution of stock markets in transition economies. Scottish Journal of Political Economy. 50(3), 341-358
[Journal article]Authored by: Li, X.
Li, X. (2003). Time-varying informational efficiency in China's A-share and B-share markets. Journal of Chinese Economic and Business Studies. 1(1), 33-56 Retrieved from http://www.tandfonline.com/doi/abs/10.1080/1476528032000039730
[Journal article]Authored by: Li, X.
Li, X., & Xu, J. (2002). A note on New Zealand stock market efficiency. Applied Economics Letters. 9(13), 879-883
[Journal article]Authored by: Li, X.
Li, X. (2001). The 'Inward and westward' Shifts in the Strategic Emphases of China's Economic Development. Current Politics and Economics of China. 4(2), 183-204
[Journal article]Authored by: Li, X.
Li, X. (2001). Government revenue, government expenditure, and temporal causality: Evidence from China. Applied Economics. 33(4), 485-497
[Journal article]Authored by: Li, X.
Li, XM. (2000). China's macroeconomic stabilization policies following the Asian financial crisis. Asian Survey. 40(6), 938-957
[Journal article]Authored by: Li, X.
Li, X. (2000). Reforming China's financial system and monetary policies: A sovereign remedy for locally initiated investment expansion?. Journal of Development Economics. 62(2), 423-443
[Journal article]Authored by: Li, X.
Li, XM. (2000). The Great Leap Forward, Economic Reforms, and the Unit Root Hypothesis: Testing for Breaking Trend Functions in China's GDP Data. Journal of Comparative Economics. 28(4), 814-827
[Journal article]Authored by: Li, X.
Armstrong, H., de Kervenoael, RJ., Li, X., & Read, R. (1998). A Comparison of the Economic Performance of Different Micro-States, and between Micro-States and Larger Countries. World Development. 26(4), 639-656
[Journal article]Authored by: Li, X.
Li, X. (1997). Consumption demand, saving behaviour and rational expectations: An application of disequilibrium modelling to China 1952-92. Applied Economics. 29(11), 1411-1424
[Journal article]Authored by: Li, X.
Li, X., & Ma, Y. (1996). Financial Reforms and Regional Investment Conflicts in China: A Game-Theoretic Analysis. Economics of Planning. 29(2), 117-130
[Journal article]Authored by: Li, X.

Book

Li, X. (2008). From the EMS to EMU: Has there been any change in the behaviour of exchange rate correlation?. In R. Neck, C. Richter, & P. Mooslechner (Eds.) Quantitative Economic Policy: Essays in Honour of Andrew Hughes Hallett. (pp. 261 - 273). Heidelberg, Germany: Springer-Verlag
[Chapter]Authored by: Li, X.
Li, X. (2002). The ''inward and westward'' shifts in the strategic emphases of China's economic development. In FC. Ed (Ed.) Asian Economic and Political Issues. (pp. 1 - 22). Hauppauge, NY: Nova Science Publishers, Inc
[Chapter]Authored by: Li, X.
Li, X. (2001). Modelling interregional investment competition in China: Alternative financial policies compared. In GH. Wan, G. MacAulay, ZY. Zhou, & JC. Eds (Eds.) Chinese economy towards the 21st Century. (pp. 341 - 382). Sydney, NSW: The University of Sydney
[Chapter]Authored by: Li, X.
Li, X.(1995). Disequilibria, economic reforms and economic policies a theoretical and empirical investigation for China.
[Authored Book]Authored by: Li, X.

Conference

Li, X-M., Kleinbrod, V., & Ding, D.Technical analysis using order flow: A multivariate fuzzy approach. . Dunedin, NZ
[Conference Paper]Authored by: Ding, D., Li, X.
Li, X-M., & Peng, L.US economic policy uncertainty and co-movements between Chinese and US stock markets. . Shanghai, China
[Conference Paper]Authored by: Li, X.
Zou, L., Tang, AT., & Li, X-M.Tale of two styles: Do qualified foreign institutional investors have an edge over domestic funds managers in China. . Bankok, Thailand
[Conference Paper]Authored by: Li, X., Zou, L.
Ban, Y., Li, X-M., & Qiu, M.Capital Structure under Economic Policy Uncertainty: Evidence from the US. . Dubai
[Conference Paper]Authored by: Li, X.
Li, X-M.Economic Policy Uncertainty and Equity Risk Premiums: Evidence from China. . Stockholm, Sweden.
[Conference Paper]Authored by: Li, X.
Li, X-M.Economic policy uncertainty and equity risk premiums: Evidence from China. . Sydney, Australia
[Conference Paper]Authored by: Li, X.
Ban, Y., Li, X., & Qiu, M. (2016, December). Capital structure under economic policy uncertainty: Evidence from the US. Presented at The 2016 meeting of World Finance & Banking Symposium. Dubai, United Arab Emirates.
[Conference Oral Presentation]Authored by: Li, X., Qiu, M.
Li, X., & Jiang, D.Manacled short sellers and overconfident investors: Regulation-induced market-wide misvaluation. . Changsha, China
[Conference Paper]Authored by: Li, X.
Li, X-M., Zou, L., & Bai, M.Exploring a shortability-augmented asset pricing model. . Prague, Czech Republic
[Conference Paper]Authored by: Li, X.
Li, X-M., Zou, L., & Bai, M.Exploring a shortability-augmented asset pricing model. . Bali, Indonesia
[Conference Paper]Authored by: Li, X.
Li, XM.(2014). Asset Pricing and Share Reforms: An Anatomy of China's Investable Stocks. Paper presented at the meeting of Asia-Pacific Financial Markets
[Conference Paper]Authored by: Li, X.
Li, X., & Bai, M.Short-selling regimes and stock-valuation pattern: A broad perspective. . Nottingham, United Kingdom
[Conference Paper]Authored by: Li, X.
Dassanayake, W., Li, X-M., & Buhr, K.An investigation of the price discovery for cross-listed stocks: Evidence from New Zealand and Australian stock markets. . Unitec Institute of Technology, Auckland, New Zealand
[Conference Paper]Authored by: Li, X.
Li, X., Zou, L., & Zhu, H.Commodity Price and Exchange Rate Dynamics: Australia and New Zealand Evidence. . Shanghai, China
[Conference Paper]Authored by: Li, X.
Li, X., Zou, L., & Zhu, H.Commodity price and exchange rate dynamics: Australia and New Zealand evidence. . Atlanta, Georgia, United States of America
[Conference Paper]Authored by: Li, X.
Li, X., Zhang, B., & Du, Z.Correlation in commodity futures and equity markets around the world: Long-run trend and short-run fluctuation. . Taipei, Taiwan
[Conference Paper]Authored by: Li, X.
Bai, M., & Li, X.(2011). Moving between opposite short-sale regimes: Are stock characteristics priced differently?. . University of Canterbury, NZ
[Conference Paper]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC.(2010). The informational role of options trading volume in the Australian index options markets. . Melbourne, VIC, Australia
[Conference Paper]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC.(2010). The informational role of options trading volume in the Australian index options markets. . Auckland, New Zealand
[Conference Paper]Authored by: Li, X.
Li, X., & Duan, H.(2010). Firm characteristics, stock returns and structural change: A panel data analysis of China's investable companies. . Hong Kong, China
[Conference Paper]Authored by: Li, X.
Li, X., & Zou, L.(2008). Market integration, portfolio correlation: A DCC analysis for seven Asian emerging markets. . Brisbane, Australia
[Conference Paper]Authored by: Li, X., Zou, L.
Buhr, K., Rose, LC., & Li, X.(2008). Lead lag direction and price discovery of the s&p/asx 200 share price index and the s&p/asx 200 index options. . Sydney, NSW, Australia
[Conference Paper]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC. (2008). Lead lag direction and price discovery of the S&P/ASX200 share price index and the S&P/ASX200 index options. Proceedings of the 12th New Zealand Finance Colloquium. (pp. unpaged - 44).
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X., Xu, Q., & Dincer, OC.(2007). Evaluating copula-based multivariate density forecasts on foreign exchange rate markets. . Peking University, Beijing, PR China
[Conference Paper]Authored by: Li, X.
Li, X., & Omay, T.(2007). The effects of Asia 1997 crisis on the stocks of Asia Pacific region: A non-linear approach. . Cesme, Izmir, Turkey
[Conference Paper]Authored by: Li, X.
Arin, KP., & Li, X.(2007). Fiscal policy and human capital: OECD evidence. . La Trobe University, Melbourne, VIC
[Conference Paper]Authored by: Li, X.
Li, X. (2007). Price stability or export competitiveness?. In M-H. Liu, & A. Tourani Rad (Eds.) Proceedings of the 11th New Zealand Finance Colloquium.
[Conference Paper in Published Proceedings]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC. (2007). Stock market volatility and assessing information content present in the S&P/ASX 200 index option prices. In M-H. Liu, & A. Tourani Rad (Eds.) Proceedings of the 11th New Zealand Finance Colloquium.
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X., & Zou, L.(2006). How do policy and information shocks impact co-movements of China's t-bond and stock markets?. . National Sun Yat-sen University, Kaohsiung, Taiwan
[Conference Paper]Authored by: Li, X.
Buhr, K., Rose, LC., & Li, X. (2006, December). Direct evidence of non-trading on the New Zealand Stock Exchange. Presented at 19th Australasian Finance and Banking Conference 2006. Sydney, NSW.
[Conference Oral Presentation]Authored by: Li, X.
Xu, Q., Li, X., & Mamun, AA. (2006). Dynamic asymmetric tail dependence in Asian developed futures markets. In JS. Chaput (Ed.) Proceedings of the 10th Annual New Zealand Finance Colloquium.
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X., & Rose, LC. (2006). How does liberalization impact on exceedance correlation?: Evidence from emerging stock markets. In JS. Chaput (Ed.) Proceedings of the 10th Annual New Zealand Finance Colloquium.
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X., & Zou, L. (2006). Intra-night trading for US macroeconomic news releases: Australian evidence. Asian Finance Association/FMA 2006 Meeting: Bridging Finance Theory and Practice: Proceedings.
[Conference Paper in Published Proceedings]Authored by: Li, X., Zou, L.
Xu, Q., Li, X., & Mamun, AA.(2006). Dynamic asymmetric tail dependences across Asia developed futures markets. . Washington University, St Louis, MO
[Conference Paper]Authored by: Li, X.
Li, X., & Zou, L.(2006). Correlation between Chinese T-bond and equity markets: An asymmetric DCC Approach. . Salt Lake City, UT
[Conference Paper]Authored by: Li, X., Zou, L.
Xu, Q., Li, X., & Mamun, AA.(2005). Dynamic asymetric tail dependence in Asia developed futures markets. Paper presented at the meeting of 13th SFM [Securities and Financial Markets] Conference: Conference on the Theories and Practices of Securities and Financial Markets
[Conference Paper]Authored by: Li, X.
Li, X., & Rose, LC. (2005, December). Market integration and extreme correlation in APEC emerging equity markets. Presented at The 18th Australasian Finance and Banking Conference. Sydney, NSW.
[Conference Oral Presentation]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC.(2005). Forecasting stock market volatility and assessing information content of implied volatility from S&P/ASX 200 index option prices.
[Conference Paper]Authored by: Li, X.
Li, X., & Rose, LC.(2005). Market integration and extreme correlation in APEC emerging equity markets. Paper presented at the meeting of The 16th Asian Finance Association Conference
[Conference Paper]Authored by: Li, X.
Li, X., & Rose, LC. (2005). Market integration and extreme correlation in APEC emerging equity markets. The 16th Asian Finance Association Conference. (pp. 1 - 32). Kuala Lumpur, Malaysia
[Conference Paper in Published Proceedings]Authored by: Li, X.
Buhr, K., Rose, LC., & Li, X.(2005). Direct evidence of non-trading on the New Zealand stock exchange. Paper presented at the meeting of 16th Asian Finance Association Conference
[Conference Paper]Authored by: Li, X.
Buhr, K., Rose, LC., & Li, X. (2005). Investors dilemma: The volatility of the New Zealand exchange rate: Short term performance of the NZ dollar versus the US dollar. In ML. Ed (Ed.) New Zealand Finance Colloquium. (pp. 1 - 41). Wellington, NZ: 9th New Zealand Finance Colloquium
[Conference Paper in Published Proceedings]Authored by: Li, X.
Buhr, K., Rose, LC., & Li, X. (2004). Investors dilemma: The volatility of the New Zealand exchange rate: Short term performance of the NZ dollar versus the US dollar. (pp. unpaged). , 9th AIBF Banking and Finance Conference Melbourne, VIC: AIBF
[Conference Abstract]Authored by: Li, X.
Li, X.(2004). The efficacy of China's fiscal expansion: A cointegration approach.
[Conference Paper]Authored by: Li, X.
Buhr, K., Rose, LC., & Li, X. (2004). Volatility of NZ exchange rate. 9th AIBF Banking and Finance Conference: Challenges in Banking and Finance. (pp. unpaged). Melbourne, VIC, Australia
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X., Flenley, JR., Rapson, GL., & Mclachlan, RI. (2004). Interpreting vegetation dynamics with pollen data from undisturbed and disturbed sites in New Zealand. Poster session presented at the meeting of 47th Annual Meeting of International Association of Vegetation Science. Kailua-Kona, Hawaii
[Conference Poster]Authored by: Li, X., McLachlan, R., Rapson, G.
Meyer, TO., Li, X., & Rose, LC. (2004). Comparing mean variance tests with stochastic dominance tests when assessing international portfolio diversification benefits. Eighteenth Annual Meeting of the Academy of Financial Services. (pp. unpaged). New Orleans, LA
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X. (2004). Modelling beta risk for New Zealand industry portfolios. In A. Tourani-Rad, A. Gunasekarage, & AG. Eds (Eds.) 8th New Zealand Finance Colloquium. (pp. unpaged). Hamilton, NZ
[Conference Paper in Published Proceedings]Authored by: Li, X.
Xu, Q., & Li, X. (2004). Assessing Asian emerging market risks: an application of the GEV and GPD methods. 8th New Zealand Finance Colloquium. (pp. 1 - 52). Hamilton, NZ
[Conference Paper in Published Proceedings]Authored by: Li, X.
Xu, Q., & Li, X. (2004, January). Assessing Asian emerging market risks: An application of the GEV and GPD methods. Presented at The 8th New Zealand Finance Colloquium. University of Waikato, Hamilton, NZ.
[Conference Oral Presentation]Authored by: Li, X.
Meyer, TO., Li, X., & Rose, LC. (2004, October). Stochastic dominance tests of international portfolio diversification benefits. Presented at 18th Annual Meeting of the Academy of Financial Services. New Orleans, LA.
[Conference Oral Presentation]Authored by: Li, X.
Xu, Q., & Li, X. (2003). Do the New Zealand daily exchange rates behave nonlinearly or like chaos. In WR. Wilson, CB. Malone, & JGP. Eds (Eds.) 7th New Zealand Finance Colloquium. (pp. unpaged). Palmerston North, NZ: 7th New Zealand Finance Colloquium
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X.(2003). China's economic growth: What do we learn from multiple-break unit root tests?.
[Conference Paper]Authored by: Li, X.
Chen, K., & Li, X. (2003). China's stock markets: Does technical analysis incorporating data on volumes and returns provide additional evidence of return predictability?. In WR. Wilson, CB. Malone, & JGP. Eds (Eds.) 7th New Zealand Finance Colloquium. (pp. unpaged). Palmerston North, NZ: 7th New Zealand Finance Colloquium
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X. (2002, July). International stock market integration: Evidence form nonlinear cointegration analysis. Presented at The 2002 (APFA/PACAP/FMA) International Finance Conference. Tokyo, Japan.
[Conference Oral Presentation]Authored by: Li, X.
Li, X.(2002). International stock market integration: Evidence from nonlinear cointegration analysis. Paper presented at the meeting of APFA/PACAP/FMA Finance Conference. Tokyo, Japan
[Conference Paper]Authored by: Li, X.
Rose, LC., Elayan, FA., & Li, X.(2001). Global markets response to and the determinants of sovereign credit ratings.
[Conference Paper]Authored by: Li, X.
Li, X. (2001). Testing for breaking trend functions in macroeconomic time series: An application to China's national and sectoral productivity data. New Zealand Association of Economists. (pp. 1 - 33).
[Conference Paper in Published Proceedings]Authored by: Li, X.
Li, X.(2001). Testing for breaking trend functions in macroeconomic time series: An application to China's national and sectoral productivity data.
[Conference Paper]Authored by: Li, X.
Li, X., & Li, W. (2000, July). An empirical study on evolving market efficiency for China's stock market. Presented at 7th Annual Asia-Pacific Finance Association Conference. Shanghai, China.
[Conference Oral Presentation]Authored by: Li, X.

Other

Li, X. (2007). From the EMS to EMU: Has there been any change in the behaviour of exchange rate correlation?. In Department of Commerce Working Paper Series(pp. 1 - 16). : Massey University, Department of Commerce
[Working Paper]Authored by: Li, X.
Xu, Q., & Li, X. (2006). Dynamic asymmetric tail dependence in Asian developed futures market. In Department of Commerce Working Paper Series(pp. 1 - 37). : Massey University, Department of Commerce
[Working Paper]Authored by: Li, X.
Li, X., & Zhao, X. (2006). Asymmetric dynamics in exchange rate correlations: Price stability or export competitiveness?. In Department of Commerce Working Paper Series(pp. 1 - 8). : Massey University, Department of Commerce
[Working Paper]Authored by: Li, X.
Buhr, K., Li, X., & Rose, LC. (2005). Forecasting stock market volatility and assessing information content present in S&P/ASX 200 index option prices. In Working Paper Series: Massey University, Department of Commerce
[Working Paper]Authored by: Li, X.
Arin, KP., & Li, X. (2005). The effects of fiscal policy on human capital accumulation: Evidence from OECD countries. In Working Paper Series(pp. 1 - 5). : Massey University, Department of Commerce
[Working Paper]Authored by: Li, X.
Li, X., & Xu, Q. (2004). Assessing tail-related risks in Asian equity markets: A GPD approach. Massey University, Department of Commerce
[Other]Authored by: Li, X.
Li, X., & Rose, LC. (2004). Market integration, extreme correlation and systematic risk. (pp. 1 - 58). Massey University, Department of Commerce
[Other]Authored by: Li, X.
Meyer, TO., Rose, LC., & Li, X. (2004). Comparing mean variance tests with stochastic dominance tests when assessing international portfolio diversification benefits. (pp. 1 - 34). Massey University, Department of Commerce
[Other]Authored by: Li, X.
Li, X., & Chen, K. (2003). On the value of technical analysis for stock traders in China. In Working Paper Series(pp. 1 - 13). : Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.
Li, X. (2003). On unstable beta risk and its modelling techniques for the New Zealand industry portfolios. In Working Paper Series(pp. 1 - 28). : Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.
Li, X. (2002). International stock market integration: Evidence from non-linear cointegration analysis. In Working Paper Series(pp. 1 - 21). : Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.
Li, X. (2001). The inward and westward shifts in the strategic emphases of China's economic development. In Working Paper Series(pp. 1 - 27). : Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.
Li, X. (2001). Testing for breaking trend functions in macroeconomic time series: An application to China's national and sectoral productivity data. In Working Paper Series(pp. 1 - 20). : Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.
Li, X. (2000). Segmented trend modelling of China's output time series. In Working Paper Series: Department of Commerce, Massey University
[Working Paper]Authored by: Li, X.

Consultancy and Languages

Languages

  • Chinese
    Last used: Regularly used
    Spoken ability: Excellent
    Written ability: Excellent
  • English
    Last used: Regularly used
    Spoken ability: Average
    Written ability: Excellent

Supervision and Teaching

Summary of Doctoral Supervision

Position Current Completed
Supervisor 2 3
CoSupervisor 1 2

Current Doctoral Supervision

Supervisor of:

  • Jeffrey Thomson - PhD
    The relationship between uncertainty and economic activity/financial markets
  • Tiantian Tang - PhD
    Institutional Investor's Trading Strategy

CoSupervisor of:

  • Abraham Agyemang - PhD
    International Cross-listing and Output Orientation: Evidence from OECD countries

Completed Doctoral Supervision

Supervisor of:

  • 2017 - Vincent Maria Kleinbrod - PhD
    Essays on Exchange Rates
  • 2013 - Min Bai - PhD
    Short-sales constraints and asset pricing
  • 2008 - Qing Xu - PhD
    Estimating and Evaluating the Archimedean-Copula-Based Models in Financial Risk Management

CoSupervisor of:

  • 2010 - Klaus Ernst Buhr - PhD
    Volatility, Price-Discovery and Trading Volume in an Australian Equity Index and Option Markets
  • 2002 - Mr Christoph Rainer Schumacher - PhD
    Small and Medium-Sized Enterprise Co-operation: A Game-theoretical Examination of Trust.

Media and Links

Media

  • 25 Nov 2013 - Television
    China's economic reforms and economic development
    (2)On November 25, 2013 (3:00pm - 4:00pm), I was interviewed by World TV New Zealand for my expert opinion on wide-ranging Chinese government reforms for economic growth and development. The importan

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