Prof. Donald Lien

University of Texas at San Antonio, USA

Richard S. Liu Distinguished Chair in Business

Email: [email protected]

Qualifications

1986 Ph.D., California Institute of Technology, USA

Publications (Selected)

1. Xu, Y., & Lien, D. (2025). How do carbon markets interact with energy-intensive sectors? Evidence from price connectedness. International Review of Economics & Finance, 98, 103857.
2. Wang, Y. H., Chang, S. L., Lee, H. C., & Lien, D. (2025). Forecasting the Market Returns And Portfolio Enhancement With Frequency‐Decomposed Institutional Investor Sentiment: Evidence From the Taiwan Futures Market. Journal of Futures Markets.
3. Lien, D. (2024). Future time reference and risk aversion. Journal of Behavioral and Experimental Economics, 113, 102291.
4. Yu, X., Li, Z., Lien, D., & Hu, J. (2024). Identifying crucial financial markets in the flows of cross-border capital–evidence from China's financial risk network. International Review of Economics & Finance, 96, 103670.
5. Lee, H. C., Lien, D., Sheu, H. J., & Yang, C. J. (2024). An extension analysis of Amihud's illiquidity premium: Evidence from the Taiwan stock market. Pacific-Basin Finance Journal, 87, 102483.
6. Gu, Y., Dong, X., Chen, Z., & Lien, D. (2024). Evaluating the impact of COVID-19 on capesize and panamax sectors: the method of empirical mode decomposition. Maritime Policy & Management, 51(6), 1190-1209.
7. Xu, Y., & Lien, D. (2024). Do carbon prices spill over to inflation? Multiscale evidence from China. Journal of Cleaner Production, 445, 141225.
8. Xu, Y., & Lien, D. (2024). Do carbon prices spill over to inflation? Multiscale evidence from China. Journal of Cleaner Production, 445, 141225.
9. Zhang, X., Zheng, Y., Lien, D., & Yu, X. (2024). Can mutual fund investors benefit from volatility managing? Evidence from China. Pacific-Basin Finance Journal, 83, 102228.
10. Chen, C. C., Chen, C. D., & Lien, D. (2024). Transmission process and determinants of sovereign credit contagions: Global evidence. International Review of Economics & Finance, 89, 552-567.
11. Lien, D., & Miao, L. (2023). International student mobility to China: The effects of government scholarship and Confucius Institute. International Journal of Chinese Education, 12(3), 2212585X231213787.
12. Lien, D., & Balakrishnan, N. (2023). Some results on multiple regression analysis with data cleaned by trimming and winsorization. Communications in Statistics-Simulation and Computation, 52(10), 5082-5089.
13. Wen, Z., Indriawan, I., Lien, D., & Xu, Y. (2023). Intraday Return Predictability in the Crude Oil Market: The Role of EIA Inventory Announcements. The Energy Journal, 44(5), 149-172.
14. Lien, D., & Hung, P. H. (2023). Whose trades contribute more to price discovery? Evidence from the Taiwan stock exchange. Review of Quantitative Finance and Accounting, 61(1), 213-263.
15. Lien, D., Hung, P. H., & Wu, Y. H. (2023). An intraday analysis of block orders on the Taiwan Stock Exchange. The Quarterly Review of Economics and Finance, 88, 133-147.
16. Zhang, A., Wang, S., Lien, D., & Yu, C. F. J. (2023). Are banks rewarded for financial consumer protection? Evidence from a quasi-natural experiment. Finance Research Letters, 52, 103579.
17. Huang, Y., Liu, T., & Lien, D. (2023). Portfolio homogeneity and systemic risk of financial networks. Journal of Empirical Finance, 70, 248-275.
18. Xu, Y., & Lien, D. (2022). Which affects stock performances more, words or deeds of the key person?. International Review of Financial Analysis, 84, 102414.

Profile Details

https://orcid.org/0000-0002-0659-2831

https://business.utsa.edu/faculty/profiles/lien-don.html

https://scholar.google.com.hk/citations?user=NjYhO8cAAAAJ&hl=zh-CN&oi=sra

https://www.researchgate.net/profile/Donald-Lien