Kuan Xu Professor
Mailing address:
Department of Economics
6214 University Avenue
Dalhousie University
PO Box 15000
Halifax, NS, Canada, B3H 4R2
E-mail: Kuan Xu
Phone: +1 (902) 494-6995
Fax: +1 (902) 494-6917
Home page: http://myweb.dal.ca/kxu/
Research Papers:
The published materials are posted for "fair use" for instructional purposes. Please check out the copyright law for other purposes. Thank you!
(with Jun Yuan, Leonard MacLean, and Yonggan Zhao) How do local markets respond to global risk factor differently in various market regimes? A study of country exchange traded funds.
(with Lei Wu and Qingbin Meng) Interdependence, contagion and price discovery: A study of international stock markets .
(with Stephane Mussard)
Multidimensional decomposition of the Sen index: Some further thoughts .
(with Chang Dan and Hong Gu) The impact of hedging on stock returns and firm value:
New evidence from Canadian oil and gas companies.
(with Ian Irvine) Crime, punishment and poverty in the United States.
The Sen-Shorrocks-Thon index of poverty intensity , forthcoming in Alex C. Michalos (ed.), Encyclopedia of the Quality of Life Research , Springer, 2012.
(with Jerry Ren) Low income dynamics and determinants under different thresholds: New findings for Canada in 2000 and beyond , Income Research Paper Series , No. 3, 2011 Statistics Canada Catalogue No. 75F0002MWE. The Statistics Canada's release is a shorter version of the research report .
(with Daniel de Munnik) Micro foundations of price-setting behaviour:
Evidence from Canadian firms
, Bank of Canada Working Paper (ISSN 1701-9394) No. 2007-31, forthcoming in Yasuo Nishiyama (ed.), Monetary Policy: Roles, Forecasting and Effects , NOVA Science Publishers, Inc., 2011.
(with Ying Ma, Leonard MacLean, and Yonggan Zhao) A portfolio optimization model with regime-switching risk factors for sector exchange traded funds,
Pacific Journal of Optimization, Vol. 7, No. 2, 281-296, 2011.
(with Payton Liu and Yonggan Zhao) Market regimes, sectorial investments, and
time-varying risk premiums,
International Journal of Managerial Finance , Vol. 7, No. 2, 107-133, 2011.
(with Zhengxi Lin) Participation in workplace
employer-sponsored training in Canada: Role of firm characteristics and worker attributes,
Contemporary Economic Policy , Vol. 29, No. 3, 416-430, 2011. A brief summary on binary choice models
(with Yun Daisy Li and Talan Iscan) The impact of monetary policy shocks on stock prices: Evidence from the United States and Canada,
Journal of International Money and Finance , Vol. 29, No. 5, 876-896, 2010.
(with Lars Osberg and Jiaping Shao) The growth of
poor children in China 1991-2000: Why food subsidies may matter,
Health Economics , Vol. 18, s89-s108, 2009.
(with Lars Osberg) How should we
measure global poverty in a changing world? Methodological issues
and Chinese case study, Stata Codes
for computation are downloadable.
WIDER Research Papers (ISSN: 1810-2611) RP2006/64, Review of Development Economics ,
Vol. 12, No. 2, 419-441, 2008
U-Statistics and their asymptotic results for some inequality and poverty measures , Econometric Reviews , Vol. 26, No. 5, 567-577, 2007.
(with Gordon Fisher) Myopic Loss aversion and margin of safety: The risk of value investing,
Quantitative Finance , Vol. 6, No. 6, 481-494, 2006.
Converging at the bottom of the income distribution? Assimilation of immigrant cohorts over time.
(with Stephane Mussard) A note
on the multidimensional decomposition of Sen's index,
Chinese Journal of Economic Theory , Vol. 1, 201-218, 2004. (English version )
How has the literature on the Gini index evolved in the past 80 years? Chinese version appears in China Economic Quarterly , Vol. 2, No. 4, 757-778, 2003.
(with Lars Osberg) The social welfare implications, decomposability, and geometry of
the Sen family of poverty indices,
Canadian Journal of Economics , Vol. 35, No. 1, 138-152, 2002. Stata Codes for computation are downloadable.
(with Lars Osberg) How to decompose the Sen-Shorrocks-Thon poverty index? A practitioner's
guide, Journal of Income Distribution , Vol. 10, No. 1, 77-94, 2001.
(with Lars Osberg) On Sen's approach to poverty measures and recent developments ,
China Economic Quarterly , Vol. 1, No. 1, 151-170, 2001. Chinese Version.
(with Gordon Fisher) What investment style does a myopic investor prefer? ASAC Proceedings:
Finance , Vol.21, No.1, 2000, 99-107.
(with Lars Osberg) "Poverty durations and poverty measurement," May 2000.
Inference for generalized Gini indices using the iterated bootstrap method, Journal of
Business and Economics Statistics , Vol. 18, No. 2, 223-227, 2000.
(with Lars Osberg) International comparison of poverty intensity: Index decomposition
and bootstrap inference, Journal of Human Resources , Vol. 35, No. 1, 51-81, 2000.
Errata. This approach is adopted by Luxembourg Income Study.
Stata Codes for computation are downloadable.
(with Lars Osberg)
Poverty intensity - How well do Canadian provinces compare? Canadian
Public Policy , Vol. 25, No. 2, 179-195, 1999. This approach is adopted by World Bank in Handbook
on Poverty and Inequality (2009).
The statistical inference for the Sen-Shorrocks-Thon index of poverty intensity, Journal of
Income Distribution , Vol. 8, No.1, 143-152, 1998.
(with Lars Osberg) A distribution-free test for deprivation dominance, Econometric Reviews , Vol. 17, No.4, 415-429, 1998; the reprint appears in Marie V. Lane(ed.) Trends in Poverty and
Welfare Alleviation Issues , Nova Science Publishers, 2006.(ISBN: 1-59454-827-7)
(with Gordon Fisher and Douglas Willson) An empirical analysis of term premium using significance
tests for stochastic dominance, Economics Letters , Vol. 60, No. 2, 195-203, 1998.
Income uncertainty, substitution effect and relative yield spreads, Quarterly Review of
Economics and Finance , Vol. 38, No. 2, 217-225, 1998.
(with Talan Iscan) Lower inflation with higher volatility: What can be learned
from recent Canadian disinflation? Dalhousie University, Department of
Economics Working Paper 97-02, January 1997.
Asymptotically distribution-free statistical test for generalized Lorenz curves:
An alternative approach, Journal of Income Distribution , Vol. 7, No. 1, 45-62, 1997.
(with Lars Osberg) International comparisons of poverty intensity: Index decomposition and
bootstrap inference, Bulletin of the International Statistical Institute , Session 51,
Proceedings, Tome LVII, Book 2, 289-292, 1997.
(with L. Kryzanowski) Long-term equilibria of
yields on taxable and tax-exempt bonds,
International Review of Economics and Finance , Vol. 6, No. 2, 119-143, 1997.
(with G. Fisher and D. Willson) Testing first- and second-order stochastic dominance,
Canadian Journal of Economics , Vol. 29, s562-s564, 1996.
(with L. Kryzanowski and H. Zhang) Determinants of the decreasing term structure of
relative yield spreads for taxable and tax-exempt bonds, Applied Economics , Vol. 27,
583-590, 1995.
(with G. Fisher and D. Willson) New distribution-free tests for stochastic dominance,
Dalhousie University, Department of Economics Working Paper 95-02, February 1995.