CURRICULUM VITA
Jau-Lian Jeng
School of Business and Management,
Azusa Pacific University
Office: (626) 815-3836
Home: (661) 287-4596
e-mail: jjeng@apu.edu
EDUCATION:
Ph. D. in Economics, University if California – San Diego, 1985 – 1991
Dissertation: The Volatility of Futures Prices.
M.A. in Economics, Rutgers University – New Brunswick, New Jersey, 1983 – 1985.
B.A. in Economics, National Taiwan University, Taipei, Taiwan, 1976 – 1979.
TEACHING EXPERIENCE:
Azusa Pacific University – Azusa, Professor, 1997 - present,
Responsible courses: Corporate Finance, Financial Analysis, Derivatives, Financial Risk
Management, Advanced Seminars in Finance.
Finance Director: designing and developing finance curriculum for school of business
including financial risk management, advanced seminars in finance and recruiting finance
major students.
California State University – Northridge, Assistant Professor, 1991 – 1997,
Responsible courses: Corporate Finance, Investments, Problems and Practices in
Corporate Finance, and International Financial Management.
University of California – San Diego, Teaching Assistant, 1986-1991,
Responsible courses: Intermediate Microeconomics, Macroeconomics, Financial
Accounting, Operation Research, and Managerial Economics.
Rutgers University, New Brunswick, New Jersey, Teaching Assistant, 1983-1985,
Responsible courses: Mathematical Analysis, Microeconomics, Mathematical Statistics.
BUSINESS EXPERIENCE:
Litigation Support Associate in Findlay, Phillips and Associates, Phillips & Fractor LLC.
1998-2003
Services:
1. Perform Analyses on Employee Payroll for Clients,
2. Perform Statistical Analyses in Discrimination, Justification for Compensation,
3. Perform Data Collection through Sampling Surveys,
4. Perform Model Specification for Business Valuation and Security Analyses,
5. Analysis of Damage Assessment for Properties and other Loss Models,
6. Volatility Analysis for Securities and Capital Market Efficiency.
Independent Consultant, affiliated with Dr. G. Michael Phillips, Findaly, Phillips and
Associates in a project-to-project basis, 1992-1996.
Services:
1. Perform Option Pricing Models and Analyses of Implied Volatility,
2. Evaluate Excess Volatility for High-Tech Stocks in Computer Industry,
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Assist Economic Analyses and Model Specification for Market Demand and Supply
in Products of Food Industry.
Economic Consultant in President’s Staff Office, Far-Eastern Textile
Co., Taipei, Taiwan, 1981-1982
Services:
1. Perform Global Analyses of the Textile Industry,
2. Perform Assistance in Investments and Analyses for Foreign Exchange Rates,
3. Perform Operation Research for Packaging Facility and Container,
4. Perform Presentations to Local Government and the Investors of Affiliated
Industries.
PUBLICATION and WORKING PAPERS:
“The Impact of Price Limits on Foreign Currency Futures Price Volatility and Market
Efficiency”, co-authored with Chao Chen, Global Finance Journal, Vol. 8, 1996.
“Interest Parity, Fractional Differencing, and the Strength of Attraction: A ReExamination on the Cost-of-Carry Futures Pricing Model”, Global Finance Journal, Vol.
10, 1999.
“The Existence Theorem of Approximate Multibeta Representation for Multifactor
Pricing Models with Unobservable Omitted Variables: A Technical Note”, Vol. 19,
Global Finance Journal, 2008.
“China’s Real Estate Market Development”, co-authored with Wilson Liu, Chinese
Economy Journal, 2010.
“Do Idiosyncratic Risks Really Contain a Hidden Non-Diversifiable Factor? A
Diagnostic Testing Approach”, presented in 2008 Eastern Finance Association, 2009
Pacific Rim International Conference of Western Economic Association, co-authored
with Wilson Liu, August, Journal of Mathematical Finance, 2012.
“Two-Sample Test with Empirical Processes: An Example for Gender Difference in The
Retirement Related Issues for Non-profit Institutions” co-authored with Dr. Daniel Park,
working paper, presented in Western Economic Association International (WEAI) 2011
Conference in San Diego, under revision to submit to Journal of Corporate Finance.
“On the Occupation Times of Mergers and Acquisitions in Event Studies”, working
paper, co-authored with Daniel Park, Michael Dewally, presented in June, 2013 Western
Economic Association International Conference in Seattle, Washington, submitted to
Quantitative Finance Journal in 2014, revised and re-submitted, under reviews.
“Testing Numbers of Hidden Factors in Asset Pricing Model: A Bootstrapping Variance
Test on Weighted Sums of Residuals in Regression”, working paper.
“Finding Empirical Multifactor Asset-Pricing Models - A Sequential Model Search
Approach”, co-authored with Elwin Tobing, presented in Western Economic Association
International Conference, San Francisco, 2012, under revision, submitting to Journal of
Applied Econometrics.
“Extending Ansoff’s Strategic Diagnosis Model: Defining the Optimal Strategic
Performance Positioning Matrix”, co-authored with Dan Kipley, published in SAGE
Open, 2012.
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“Long Run Growth and Welfare Effects of US Public Health Expenditure”, co-authored
with Elwin Tobing, Public Finance Review, 2012 (May).
“Analyzing Event Statistics in Corporate Finance: Methodologies, Evidences, and
Critiques”, book prepared for publication with Palgrave Macmillan, 2015.
“Testing Structural Change of Real Estate Investments in China– A Study with Spatial
Data”, co-authored with Stuart Strother, working paper (in writing).
“Extended Occupation Time Statistics with Levy Process for Continuous-Time Processes
with Jumps”, working paper (in writing).
“Monitoring the Change of Occupation Time Statistics: An On-Line Alternative Method
to Identify the Essential Events in Corporate Finance”, working paper (in writing).
Editorials: published by World Economic Review (in Chinese), (ISSN 1523-8628),
“Litigation Consulting for Chinese Business Sectors in North America”, Vol.2, No.3,
2000
“Discrimination: Assessments and Consequence”
“Age Discrimination”
“Property Rights, Valuations, and Assessments”
“Intellectual Properties and Intangible Assets”
SERVICE:
Service to the University: Faculty Research Council, 1997– 2011
Diversity Council 2012-present.
Department Assignment: Finance Director, 2004 – 2013 Spring, designing finance
curriculum and advising the students of finance major.
FOREIGN LANGUAGE: Chinese Mandarin, Taiwanese.
PROFESSIONAL MEETINGS: ASSA, FMA, Global Finance Conference, EFA, WEAI
OTHER PROFESSIONAL ACTIVITIES:
Presenter and Chairperson in Western Economic Association International 2013
Seattle, Washington,
Presenter in Western Economic Association International 2012 San Francisco, California,
Representative for Azusa Pacific University in Western Economic Association
International since 2011,
Referee for Financial Review, 2011, 2012,
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Presenter and Chairperson for Western Economic Association International 2011 San
Diego Conference,
Member of Professional Risk Managers' International Association, 2004 - present, in
search of a PRM certification,
Registered Financial Consultant, International Association of Registered Financial
Consultants, (1997- 2005).
Candidate for Actuary, 1 exam passed and 20 professional development credits granted
on new year-2000 exam track of Society of Actuaries,
Reviewer for textbook Portfolio Construction, Management and Protection, by R.
Strong. 2000,
Referee for the Global Finance Journal, 1997, 1998,
Reviewer of textbook Modern Corporate Finance by D. Chambers and N. Lacey 1996,
Reviewer of textbook Modern Corporate Finance by D. Chambers and N. Lacey 1995,
Discussant for the Silver Anniversary Meeting of Financial Management
Association, 1995,
Presenter in the Silver Anniversary Meeting of Financial Management
Association, 1995, Topic of paper: “Robust Encompassing Tests on Multifactor AssetPricing Models”,
Discussant for the First Global Finance Conference, 1994.
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