Hsu, Chris
 

Hsu, Chris

Director, CUNY Aviation Institute
Associate Professor
Accounting and Finance

Phone: 718-262-2513
Office Location: AC-4G04G
CHsu@york.cuny.edu

Office Hours  
Tuesday  3:00-5:00 PM 

Education

Degree Institution Field Dates
PhD  The Graduate Center, City University of New York  Financial Economics   
MS  St. Louis University  Finance   
BS  National ChungHsing University, Taiwan  Marketing   
Dr. Hsu received his doctoral degree from The Graduate Center, City University of New York. He has taught many finance and economics courses, including aviation finance, corporate finance, investment analysis, international finance, real estate finance, financial markets and Institutions, statistics, macroeconomics, microeconomics, and financial statement analysis. Dr. Hsu’s research interest is in quantitative finance. He has published his research papers in several academic journals and well acknowledged handbooks. In addition, He has delivered many presentations on topics related to aviation finance, portfolio optimization, foreign direct investment, statistical arbitrage trading strategies, and finance education at national and regional academic conferences and was invited to give speeches domestically and internationally. He has been awarded the Golden Key medal and has been acknowledged as a lifetime member of Beta Gamma Sigma, the highest recognition of AACSB International.

Areas of Expertise

Quantitative Finance
Investment Analysis
Risk Management

Articles in Field Of Expertise

Hsu, Chris. "How Fuel Price Shocks Affect Airline Stock Returns: An Empirical Study of Major US Carriers." International Journal of Business and Finance Research. 11(2) 2017: 51-59.

Hsu, Chris. "The Interest Rate Pass-Through: An Empirical Study of Seven Asian Economics." Global Journal of Business Research. 11(2) 2017: 1-10.

Hsu, Chris. "Applying Z-score Models in Aviation Finance Education: A Case Study of Some USCarriers." International journal of Education and Social Science. 4(3) 2017: 9-12.

Hsu, Chris and Flouris, Triant. "Comparing global airline merger experiences from a financial valuation perspective: an empirical study of recent european based airline mergers." Transportation Research Procedia. 25 2016: 41-50.

Chin-Wen Huang, Chun-Pin Hsu. "Portfolio Optimization with GARCH–EVT–Copula-CVaR Models." Banking and Finance Review. 7 (1) 2015: 19-31.

Hsu, Chun-Pin. "Can risk-based portfolio optimization strategies protect investors when the economy is in downturn?." Journal of Money, Investment and Banking. 27 2013: 187-196.

Hsu, Chun-Pin, Huang, Chin-Wen and Ntoko, Alfred. "Does Foreign Investment Worsen the Domestic Stock market During a financial Crisis? Evidence from Taiwan." International Journal of Business and Finance Research. 7(4) 2013: 1-12.

Hsu, Chun-Pin. "The influence of foreign portfolio investment on domestic stock returns: Experience from Taiwan (Leading article)." International Journal of Business and Finance Research. 7(3) 2013: 1-11.

Hsu, Chun-Pin, Huang, Chin-Wen, and Chiou, Wan-Jiun. "Effectiveness of copula-extreme value theory in estimating value-at-risk: Empirical evidence from Asian emerging markets." Review of Quantitative Finance and Accounting. (39) 2012: 447-468.

Huang,Chin-Wen and Hsu, Chun-Pin. "Using Online Games to Teach Personal Finance Concepts." American Journal of Business Education. 4(12) 2011: 33-38.

Huang,Chin-Wen and Hsu, Chun-Pin. "Are They the Same? A Comparison of Narrative and VAR Monetary Shocks." The Empirical Economics Letters. 10(2) February 2011: 163-170.

Chapters in Field Of Expertise

Hsu, Chun-Pin, Chin-Wen Huang and Wan-Jiun Paul Chiou. "Copula modeling and its development." Handbook of Financial Econometrics and Statistics (Springer). 2014: 233-251.

Wan-Jiun Paul Chiou, Chun-Pin Hsu, Chin-Wen Huang. "Development and International Diversification Benefits of Equity Markets in China, Hong Kong, and Taiwan." Economic Integration Across the Taiwan Strait in Global Perspective (Edward Elgar). 2013: 102-138.

Refereed Proceedings in Field Of Expertise

Hsu, Chun-Pin. "Airlines Mergers and Stock Market Reactions: An Empirical Study of the European Airline Industry." The 2015 Proceedings of the Northeast Business & Economics Association. November 2015: 139-140.

Hsu, Chun-Pin and Chin-Wen Huang, and Alfred Ngome Ntoko. "Airlines Merger Announcements and Stock Market Reactions: An Empirical Study of the US Airline Industry." The 2014 Proceedings of the Northeast Business & Economics Association. November 2014: 212-213.

Hsu, Chun-Pin. "Does Applying Rigorous Methodologies Yield Economic Value in Portfolio Optimization." The 2012 Proceedings of the Northeast Business & Economics Association. October 2012: 154-155.

Hsu, Chun-Pin and Chin-Wen Huang. "How Foreign Portfolio Investment Affects Stock Markets in the Host Country: An Empirical Study of Taiwan." The 2010 Proceedings of the Northeast Business & Economics Association. October 2010: 298-302.

Presented Papers, Lectures, and Exhibitions and Performances

" Airlines Mergers and Stock Market Reactions: An Empirical Study of the European Airline Industry " November 5-7, 2015: The 2015 Northeast Business & Economics Association Annual Conference.

" Airlines Merger Announcements and Stock Market Reactions: An Empirical Study of the US Airline Industry " November 6-8, 2014: The 2014 Northeast Business & Economics Association Annual Conference.

" Are they better off after the mergers? An empirical study of the airline industry " March 7-9, 2014: The 2014 Eastern Economics Association Annual Conference.

" Stock Market Contagion and Portfolio Optimization " November 7-9, 2013: The 2013 Northeast Business & Economics Association Annual Conference.

" How Airline Stock Prices React to Oil Price Changes with Time Varying GARCH-EVT-Copula Analysis " May 9, 2013: The 2013 Eastern Economics Association Annual Conference.

" Does Applying Rigorous Methodologies Yield Economic Value in Portfolio Optimization " Oct. 25-27, 2012: The 2012 Northeast Business & Economics Association Annual Conference.

" Effectiveness of Applying Time-Varying Copulas in Portfolio Optimization " Oct 19, 2012: The 2012 Financial Management Association Conference.

" Can Time-Varying Copulas Generate Profit in Portfolio Optimization " Sept. 8, 2012: The 2012 Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management.

" Can Time-Varying Copula Methods Deliver Better Portfolio Performances? (with Huang, C.) " November 19, 2011: The 2011 Southern Economics association. Washington, DC. (expected).

" The Effectiveness of Using Online Games as a Teaching Aid(with Huang, C.) " September 24, 2011: The 2011 New York State Economics Association Annual Conference. Rochester, NY.

" Modeling Time-Varying Dependence in Equity Portfolio with Copulas(with Huang, C.) " Jan 7, 2011: The 2011 ASSA/CEANA Annual Conference.

" How Foreign Portfolio Investment Affect Stock Markets in the Host Country: A case study of Taiwan (with Huang, C.) " Oct. 2, 2010: The 2010 Northeast Business & Economics Association Annual Conference.

" Do Copula Extremely Theory Based Semiparpmatric Approaches perform better when applying on VaR measurement (with Huang, C.) " Jan 3, 2010: The 2010 ASSA/CEANA Annual Conference.

" Time-Variation in the Benefits and Asset Allocation of Feasible Internationally Diversifying Strategies(with Chiou, P. and Huang, C.) " Oct. 23, 2009: The 2009 Financial Management Association Annual Conference.

" State-Dependent Stock Market Relations to Foreign Investment Behaviors.(with Huang C.) " Oct 17, 2009: The 2009 New York State Economics Association Conference.

Professional Honors, Prizes, Fellowships

Grant $75,000 Volunteer Services for Children Foundation: December 29, 2015.

Grant $7,500 TD Bank Foundation: April 2015.

2014 CUNY Salute to Scholars: December 10, 2014.

Grant $7,000 TD Bank Foundation: June 2014.

Dean’s Award for Enhancing Student Research Engagement: April 17, 2014.

Grant $25,000 JetBlue Foundation: December 18, 2013.

Provost’s Award for Enhancing Student Research Engagement: April 18, 2013.

Semi-Finalist of the 2012 Financial Management Association Best Paper Award in Investment: .

Provost’s Award for Enhancing Student Research Engagement: April 19, 2012.

2010-2011 Auxiliary Enterprises RFP Award: Fall 2010.

2009-2010 Auxiliary Enterprises RFP Award: Fall 2009.

Teaching Fellowship, CUNY: Fall 2005 - Spring 2009.

Southwestern Finance Association Conference Grant: February 2009.

Doctoral Student Research Grant: Spring 2008 - Spring 2009.

American Association for Chinese Studies Conference Grant: October 2007-2008.

Beta Gamma Sigma: .

The Golden Key Medal: .

Other Professional Activities and Public Service

Referee, The Financial Review: .

Referee, Journal of International Money and Finance: .

Referee, Journal of Future Markets: .

Referee, Physica A: Statistical Mechanics and its Applications: .

Referee, International Journal of Finance and Economics: .

Referee, Applied Financial Economics: .

Referee, Managerial Finance: .

Referee, Journal of Economics and International Finance: .

Referee, Journal of Globalization and Business Management: .

Referee, International Journal of Financial Markets and Derivatives: .

Referee, Asia-Pacific Journal of Risk and Insurance: .

Referee, African Journal of Business Management: .

Reviewer, Business Statistics (Pearson): .

Reviewer, PSC-CUNY 41 Research Grant: .

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