Name: YANG Xiaoguang
Title: Professor
Research Areas: Financial risk management, Macroeconomic analysis, Game theory
E-mail: xgyang@iss.ac.cn
Highest Degree&Year Earned: Ph.D, 1993
Discipline: Finance and Statistics
Publication in the Past 5 Years:
1)English Journals&Journal Citations (SSCI/SCI/EI/CSSCI)
1. Yang, M. M., Qu, X. L., Cao, Z. G., & Yang, X. G. (2017). Innovation governs everything eventually: extensions of the degroot model. Acta Mathematicae Applicatae Sinica, 33(1), 35-42. SCI
2. Wan D, Yang X. High‐Frequency Positive Feedback Trading and Market Quality: Evidence from China's Stock Market[J]. International Review of Finance, 2017, 17.
3. Wan D, Wei X, Yang X. Liquidity Dynamics Around Intraday Price Jumps in Chinese Stock Market[J]. Journal of Systems Science & Complexity, 2017, 30(2):1-30.
4. Huang, J., Chen, X., Huang, B., & Yang, X. (2017). Economic and environmental impacts of foreign direct investment in china: a spatial spillover analysis. China Economic Review, 45.
5. Cao Z, Qin C, Yang X. Shapley's Conjecture on the Cores of Abstract Market Games [J]. Games & Economic Behavior, 2017. SSCI
6. Wang, W., Li, Q., Lou, Y., & Yang, X. (2017). Nexus of energy saving and air quality in china’s energy industries during the 12 th.five year period. Energy Procedia, 105, 3824-3829. EI
7. Wan D, Yang X. High-Frequency Positive Feedback Trading and Market Quality: Evidence from China's Stock Market[J]. Social Science Electronic Publishing, 2017.SCI
8. Li, Q., Wang, W., Lou, Y., Cheng, K., & Yang, X. (2016). Diversification and corporate performance: evidence from china’s listed energy companies. Sustainability, 8(10), 983. SCI, SSCI, EI
9. Gong, X., Wen, F., He, Z., Yang, J., Yang, X., & Pan, B. (2016). Extreme return, extreme volatility and investor sentiment. Filomat, 30(15), 3949-3961. SCI
10. Qu, X., Zhou, C., Cao, Z., & Yang, X. (2016). Conditional dissociation as a punishment mechanism in the evolution of cooperation. Physica A Statistical Mechanics & Its Applications, 449, 215-223. SCI, SSCI, EI
11. Li Q, Cheng K, Yang X. Response pattern of stock returns to international oil price shocks: From the perspective of China’s oil industrial chain[J]. Applied Energy, 2016.CI, SSCI, EI
12. Wan D , Liu W , Yang X . Asymmetries of Positive Feedback Trading in IndividualStocks: Evidences from China[J]. Journal of Management Science and Engineering, 2016, 1(1):3-27. SCI, EI
13. Huang, C., Cao, J., Wen, F., & Yang, X. (2016). Stability analysis of sir model with distributed delay on complex networks. Plos One, 11(8), e0158813. SCI
14. Wen, F. H., Yang, X., Gong, X., Huang, C. X., & Yang, X. G. (2015). The research on investor sentiment contagion between china and u.s. based on the background of financial crisis. Xitong Gongcheng Lilun Yu Shijian/system Engineering Theory & Practice, 35(3), 623-629. EI
15. Li Q, Cheng K, Yang X. Impacts of Oil Price Shocks on the Returns of China's Listed Oil Companies [J]. Energy Procedia, 2015, 75:2604-2609. SCI, SSCI
16. Wan D, Liu W, Yang X. The Asymmetric Positive Feedback Trading in Individual Stocks: China's Evidences[J]. Social Science Electronic Publishing, 2015. SSCI
17. Xing-Long Qu, Zhi-Gang Cao, Yi-Fen Mu, & Xiao-Guang Yang. (2015). Repeated sequential prisoner's dilemma: the stackleberg variant. Social Science Electronic Publishing, 32(01), -15. SCI, SSCI, EI
18. Cao Z, Yang X. Symmetric Games and Symmetry Groups[J]. Social Science Electronic Publishing, 2015.
19. Wan D, Yang X. The Intensity of High-Frequency Feedback Trading and its Impact on Market Quality[J]. Social Science Electronic Publishing, 2015.
20. Cao Z, Yang X. Symmetric Games Revisited[J]. Social Science Electronic Publishing, 2015.
21. Cao, Z., Chen, X., Qin, C. Z., Wang, C., & Yang, X. (2015). Strategic complements versus strategic substitutes revisited. Social Science Electronic Publishing.
2) Chinese Journals&Journal Citations (SSCI/SCI/EI/CSSCI)
1. The current "grey rhinoceros" and "black swan" of China's economy [J]. Xiaoqiang Luo, Quanqi Liang, Xiaoguang Yang. Journal of the Chinese Academy of Sciences. 2017 (12) CSCD
2. Zhifang He, Fenghua Wen, Chuangxia Huang, Xiaoguang Yang, Shiming Zheng.Investor sentiment and time-varying risk compensation coefficient [J]. Journal of management science. 2017 (12) CSCD, CSSI
3. Going global from rich to strong: characteristics and suggestions of China's foreign direct investment in recent years [J]. Yanmin Shao, Xiaoguang Yang. Science and technology for development. 2017 (11) CSCD
4. Xu Gong, Fenghua Wen, Chuangxia Huang, Xiaoguang Yang.Downside risk, symbolic jump risk and industry portfolio asset pricing [J]. Chinese journal of management science. 2017 (10) CSCD, CSSI
5. Macro economy, investor sentiment and stock market returns [J]. Feng Min, Chuangxia Huang, Fenghua Wen, Xiaoguang Yang. Systems science and mathematics. 2017 (02) CSCD
6. Xu Gong, Fenghua Wen, Chuangxia Huang, Xiaoguang Yang.HAR-RV-EMD-J model and its prediction of financial asset volatility [J]. Management review. 2017 (01) CSSI
7. Jian Wan, Junbo Wang, Xiaoguang Yang.Is there any sign before the sharp rise and fall of China's stock market [J]. Journal of systems engineering. 2016 (05) CSCD
8. Ke Cheng, Yun Wang, Xiaoguang Yang.Characteristics and laws of financial contagion in the context of economic globalization [J]. Journal of Guangdong University of Finance and economics. 2016 (05) CSSI
9. Larong He, Chuangxia Huang, Fenghua Wen, Xiaoguang Yang. Evaluation and analysis of important nodes of CSI 300 stock based on complex network [J]. Economic mathematics. 2016 (03)
10. Qin Bao, Xiaoguang Yang.Analysis of China's industrial de capacity, de inventory process and industrial economic growth [J]. Science and technology for development. 2016 (05) CSCD
11. Yanmin Shao, Xiaoguang Yang.Analysis on the current situation and trend of global and Chinese direct investment [J]. Science and technology for development. 2016 (05) CSCD
12. Yuzhong Zhang, Xiaoguang Yang.Continuity of optimal value function of discrete optimization problem [J]. Journal of operations research. 2016 (03) CSCD
13. Qiming Li, Ke Cheng, Wenhuan Wang, Yiping Lou, Xiaoguang Yang. Empirical Study on the impact of policy environment on the operating performance of China's Energy listed companies under economic transformation [J]. Petroleum Science Bulletin. 2016 (02)
14. Feng Liu, Xianhua Wei, Xiaoguang Yang.Migrant workers' remittances and urban integration: An Empirical Study Based on the survey data of three cities in Jiangsu [J]. Practice and understanding of mathematics. 2016 (11)
15. Jiarouzi He, Chuangxia Huang, Xiaoguang Yang.Changes in the business development structure of Hunan Province in the 12th Five Year Plan and the business development trend in the 13th five year plan [J]. Enterprise guide. 2016 (08)
16. China's economic transformation under the new normal -- moving forward steadily in pain [J]. Xiaoguang Yang, Qin Bao. Journal of the Chinese Academy of Sciences. 2016 (03) CSCD
17. Zhongbo Jing, Haizhen Yang, Xiaoguang Yang. The meaning, measurement and influencing factors of systemic risk in China's banking industry -- Based on the data from 1996 to 2014 [J]. Southern finance. 2016 (02)
18. Yuning Cai, Chuangxia Huang, Shenghua Cai, Fenghua Wen, Xiaoguang Yang. Research on the interaction between RMB internationalization and energy prices [J]. Economic mathematics. 2015 (04)
19. Muzi Chen, Xiaofang Liu, Xiaoguang Yang. Research on Influencing Factors of zero and non-zero recovery of non-performing assets [J]. Management review. 2015 (12) CSSI
20. Wei Huang, Yanyi Ye, Xiaoguang Yang.Research on the elimination of extreme expert opinions in analytic hierarchy process [J]. Practice and understanding of mathematics. 2015 (24)
21. Ziyan Liu, Chuangxia Huang, Xiaoguang Yang, Fenghua Wen. Local government debt from the perspective of solely state-owned enterprise debt [J]. Accounting and Finance. 2015 (06)
22. Muzi Chen, Hao Chen, Min Chen, Xiaoguang Yang. Beta distribution correction model of non extreme default recovery rate under expected utility [J]. Mathematical statistics and management. 2015 (06) CSSI
23. Jian Wan, Xiaoguang Yang. Research on compensation characteristics of jump risk [J]. Management review. 2015 (09) SSI
24. Changes in China's business development structure and the trend of the 13th five year plan [J]. Yanmin Shao, Yanyi Ye, Jiarouzi He, Qin Bao, Xiaoguang Yang. Science and technology for development. 2015 (05) CSCD
25. Model cluster for estimating the default loss rate of non-performing loans in litigation [J]. Jun Li, Cong Xin, Muzi Chen, Xiaoguang Yang. Systems engineering. 2015 (08) CSSI
26. Research on loan default risk early warning of bank customers based on panel logit model [J]. Yi Hu, Jue Wang, Xiaoguang Yang. System engineering theory and practice. 2015 (07) EI, CSCD, CSSI
27. Research on liquidity management of commercial banks in the European debt crisis -- from the perspective of differences in sovereign credit rating changes [J]. Bo Yang, Xianhua Wei, Xiaoguang Yang. Management review. 2015 (05) CSSI
28. Fenghua Wen, Xin Yang, Xu Gong, Chuangxia Huang, Xiaoguang Yang. Contagion analysis of Sino US investor sentiment in the context of financial crisis [J]. System engineering theory and practice. 2015 (03) EI, CSCD, CSSI
29. Daliang Gao, Zhifeng Liu, Xiaoguang Yang.Investor sentiment, average correlation and stock market returns [J]. Chinese journal of management science. 2015 (02) CSCD, CSSI
30. Jianhuan Huang, Xiaoguang Yang, Gang Cheng, Shouyang Wang.Resource curse from the perspective of ecological efficiency: comparison between resource development and resource utilization areas [J]. Chinese jurnal of management science. 2015 (01) CSCD, CSSI
Projects Statistics:
1) Number of Research Projects in the Past 5 Years: 3
2) Number of Industrial Projects in the Past 5 Years: 0
Honor and Awards: Fudan Outstanding Contribution Award of Management Science; the Outstanding Youth Fund of NSFC; the Hundred Talents Program of Chinese Academy of Sciences; China Youth Science and Technology Award; Mao Yisheng Youth Science and Technology Award; the First Class Prize of Beijing Municipal Science and Technology Award; the First Class Prize of Science and Technology Progress Award of Ministry of Education.
Social Activities: Independent Director
