Massey Business School staff

Associate Professor Candie Chang staff profile picture

Contact details +6469517073

Associate Professor Candie Chang

Associate Professor

School of Economics and Finance

Candie is currently an Associate Professor at the School of Economics and Finance at Massey University. She has a PhD in Finance from the Hong Kong University of Science and Technology. She has broad research interests. Her research topics cover learning and diversity, the importance of top managers to firms, housing markets, behavioural biases in estimation, the survival of firms, investor sentiment, and stock liquidity. Her recent work includes studies examining drivers and impact of cross-border flows. Her outputs have received prizes for outstanding academic research and originality. She also serves as ad hoc reviewer for international academic journals.

Research Expertise

Research Interests

learning, cross-border flows, environmental-related issues, housing markets, analyst forecasts

Area of Expertise

Field of research codes
Applied Economics (140200):
Banking, Finance and Investment (150200): Commerce, Management, Tourism And Services (150000):
Economics (140000):
Finance (150201):
Financial Economics (140207):
Financial Institutions (incl. Banking) (150203)

Research Outputs

Journal

Chang, YY., & Dasgupta, S. (2023). Escaping Air Pollution: Immigrants, Students, and Spillover Effects on Property Prices Abroad. Review of Finance. 27(5), 1699-1741
[Journal article]Authored by: Chang, Y.
Chang, YY., & Dasgupta, S. (2022). Capital Inflows and Property Prices: Ethnicity, Education, and Spillovers. Journal of Financial and Quantitative Analysis.
[Journal article]Authored by: Chang, Y.
Chang, YY., & Hao, W. (2022). Negativity Bias of Analyst Forecasts. Journal of Behavioral Finance. 23(2), 175-188
[Journal article]Authored by: Chang, Y., Hao, W.
Chang, YY., Anderson, H., & Shi, S. (2018). China and International Housing Price Growth. China Economic Review. 50, 294-312 Retrieved from https://www.sciencedirect.com/science/article/pii/S1043951X18300543
[Journal article]Authored by: Anderson, H., Chang, Y.
Chang, YY., & Hsu, WH. (2018). The Best of Times, the Worst of Times: Testing which Behavioral Biases Affect Analyst Forecasts. International Review of Finance. 18(4), 637-688
[Journal article]Authored by: Chang, Y., Hsu, W.
Chang, YY., & Young, M. (2016). Brand Firm Performance and Tough Economic Times. International Review of Finance. 16(3), 357-391
[Journal article]Authored by: Chang, Y., Young, M.
Chang, YY., & Young, M. (2015). Dissipative Competition: Evidence from a Quasi-Natural Experiment. International Review of Finance. 15(2), 169-198
[Journal article]Authored by: Chang, Y., Young, M.
Chang, YY., Dasgupta, S., & Hilary, G. (2010). CEO ability, pay, and firm performance. Management Science. 56(10), 1633-1652
[Journal article]Authored by: Chang, Y.
Chang, YY., Faff, R., & Hwang, CY. (2010). Testing seasonality in the liquidity-return relation: Japanese evidence. Applied Economics Letters. 17(10), 951-954
[Journal article]Authored by: Chang, Y.
Chang, YY., Faff, R., & Hwang, CY. (2010). Liquidity and stock returns in Japan: New evidence. Pacific Basin Finance Journal. 18(1), 90-115
[Journal article]Authored by: Chang, Y.
Chang, YY., & Dasgupta, S. (2007). Beyond internal capital markets: The in-house transmission of adverse sales shocks and the collateral channel. Journal of Corporate Finance. 13(5), 743-770
[Journal article]Authored by: Chang, Y.
Chang, YY., & Dasgupta, S. (2002). What explains cross-country industry growth patterns? Trade, development and the equity financing channel. International Review of Finance. 3(2), 105-129
[Journal article]Authored by: Chang, Y.

Book

Chang, Y-Y., & Dasgupta, S.(2021). Capital Inflows and Property Prices: Ethnicity, Education, and Spillovers. The Centre for Economic Policy Research (CEPR)
[Discussion Paper]Authored by: Chang, Y.
Chang, Y-Y., & Dasgupta, S.(2021). Escaping Air Pollution: Do Chinese Students and Immigrants Drive Property Prices and Economic Activity Abroad?. The Centre for Economic Policy Research (CEPR)
[Discussion Paper]Authored by: Chang, Y.
Chang, Y-Y., Dasgupta, S., & Cen, L.(2020). Do Analysts Learn from Each Other? Evidence from Analysts' Location Diversity. The Centre for Economic Policy Research (CEPR)
[Discussion Paper]Authored by: Chang, Y.

Teaching and Supervision

Completed Doctoral Supervision

Co-supervisor of:

  • 2023 - Suxiang Zang - Doctor of Philosophy
    Essays on product market competition

Media and Links

Media

  • 22 Mar 2014 - Newspaper
    CEO pay-performance relationships
    My journal articel titled "CEO ability, pay, and firm performance" (co-authored with Sudipto Dasgupta and Gilles Hilary) was featured in the news article in the Jakarta Post on 22 March 2014. The news