![Yizhi Wang](https://profiles-cardiff.imgix.net/attachments/4369?w=200&h=200&auto=format&crop=faces&fit=crop&q=90")
Dr Yizhi Wang
Lecturer in Finance
- WangY510@cardiff.ac.uk
- +44 29225 13227
- Aberconway Building, Room Q09A, Colum Road, Cathays, Cardiff, CF10 3EU
- Available for postgraduate supervision
Overview
Dr. Yizhi Wang is a Lecturer (assistant professor) in Finance at Cardiff University, Cardiff Business School, UK.
Yizhi Wang has been immersed in the field of Finance for many years. He has accumulated excellent research experience. He widely published in leading academic journals and independently designed an R-based tutorial book related to financial econometrics (500+ pages). Moreover, he has taken part in numerous academic activities.
His research interests include Econometrics, Data analysis, FinTech, and Sustainable finance. As a single author, first author or corresponding author, Yizhi's research is widely published in ABS-ranked journals, such as, amongst others, Risk Analysis, the Journal of Economic Behavior & Organization, Energy, Energy Economics, Journal of Commodity Markets, Technological Forecasting and Social Change, Journal of International Financial Markets, Institutions and Money, International Review of Financial Analysis. He was awarded the Shanghai Institute of International Finance and Economics Best Paper Award.
Furthermore, Yizhi Wang is an Associate Editor for the International Review of Financial Analysis (ABS3*), Finance Research Letters (ABS2*) and Research in International Business and Finance (ABS2*). Yizhi Wang also serves as a peer reviewer for more than ten leading academic outlets in Finance. His research works can be found in his Google Scholar profile (https://scholar.google.com/citations?user=IsuZ_AYAAAAJ&hl=en&oi=ao).
Yizhi Wang has his own Digital Asset Indices database, including Cryptocurrency Policy Uncertainty Index (UCRY Policy), Cryptocurrency Price Uncertainty Index (UCRY Price), Cryptocurrency Environmental Attention Index (ICEA), CBDC Attention Index (CBDCAI), CBDC Uncertainty Index (CBDCUI), and Non-Fungible Tokens Attention Index (NFTsAI). All the indices will be updated quarterly and can be downloaded from (https://sites.google.com/view/cryptocurrency-indices/home?authuser=0).
Publication
2024
- Zhang, D., Wang, C. and Wang, Y. 2024. Unveiling the critical nexus: Volatility of crude oil future prices and trade partner’s cash holding behavior in the face of the Russia–Ukraine conflict. Energy Economics 132, article number: 107413. (10.1016/j.eneco.2024.107413)
- Zhang, D., Zhao, M., Wang, Y., Vigne, S. A. and Benkraiem, R. 2024. Technological innovation and its influence on energy risk management: Unpacking China’s energy consumption structure optimization amidst climate change. Energy Economics 131, article number: 107321. (10.1016/j.eneco.2024.107321)
2023
- Ma, F., Cao, J., Wang, Y., Vigne, S. A. and Dong, D. 2023. Dissecting climate change risk and financial market instability: Implications for ecological risk management. Risk Analysis (10.1111/risa.14265)
- Wei, Y., Wang, Y., Vigne, S. A. and Ma, Z. 2023. Alarming contagion effects: the dangerous ripple effect of extreme price spillovers across crude oil, carbon emission allowance, and agriculture futures markets. Journal of International Financial Markets, Institutions and Money 88, article number: 101821. (10.1016/j.intfin.2023.101821)
- Zhang, D., Kong, Q., Wang, Y. and Vigne, S. A. 2023. Exquisite workmanship through net-zero emissions? The effects of carbon emission trading policy on firms' export product quality. Energy Economics 123, article number: 106701. (10.1016/j.eneco.2023.106701)
- Zhang, D., Wang, J. and Wang, Y. 2023. Greening through centralization of environmental monitoring?. Energy Economics 123, article number: 106753. (10.1016/j.eneco.2023.106753)
- Gu, L., Peng, Y., Vigne, S. A. and Wang, Y. 2023. Hidden costs of non-green performance? The impact of air pollution awareness on loan rates for Chinese firms. Journal of Economic Behavior and Organization 213, pp. 233-250. (10.1016/j.jebo.2023.07.014)
- Bai, L., Wei, Y., Zhang, J., Wang, Y. and Lucey, B. M. 2023. Diversification effects of China's carbon neutral bond on renewable energy stock markets: A minimum connectedness portfolio approach. Energy Economics 123, article number: 106727. (10.1016/j.eneco.2023.106727)
- Wei, Y., Wang, Y., Lucey, B. M. and Vigne, S. A. 2023. Cryptocurrency uncertainty and volatility forecasting of precious metal futures markets. Journal of Commodity Markets 29, article number: 100305. (10.1016/j.jcomm.2022.100305)
- Wang, Y., Wei, Y., Lucey, B. M. and Su, Y. 2023. Return spillover analysis across central bank digital currency attention and cryptocurrency markets. Research in International Business and Finance 64, article number: 101896. (10.1016/j.ribaf.2023.101896)
- Wei, Y., Zhang, J., Bai, L. and Wang, Y. 2023. Connectedness among El Niño-Southern Oscillation, carbon emission allowance, crude oil and renewable energy stock markets: Time- and frequency-domain evidence based on TVP-VAR model. Renewable Energy 202, pp. 289-309. (10.1016/j.renene.2022.11.098)
2022
- Wei, Y., Zhang, J., Chen, Y. and Wang, Y. 2022. The impacts of El Niño-southern oscillation on renewable energy stock markets: Evidence from quantile perspective. Energy 260, article number: 124949. (10.1016/j.energy.2022.124949)
- Wang, Y., Horky, F., Baals, L., Lucey, B. and Vigne, S. 2022. Bubbles all the way down? Detecting and date-stamping bubble behaviours in NFT and DeFi markets. Journal of Chinese Economic and Business Studies 20(4), pp. 415-436. (10.1080/14765284.2022.2138161)
- Lucey, B. M., Vigne, S. A., Yarovaya, L. and Wang, Y. 2022. The cryptocurrency uncertainty index. Finance Research Letters 45, article number: 102147. (10.1016/j.frl.2021.102147)
- Wang, Y., Lucey, B., Vigne, S. A. and Yarovaya, L. 2022. An index of cryptocurrency environmental attention (ICEA). China Finance Review International 12(3), pp. 378-414. (10.1108/CFRI-09-2021-0191)
- Wang, Y. 2022. Volatility spillovers across NFTs news attention and financial markets. International review of financial analysis 83, article number: 102313. (10.1016/j.irfa.2022.102313)
- Wang, Y., Lucey, B. M., Vigne, S. A. and Yarovaya, L. 2022. The Effects of Central Bank Digital Currencies News on Financial Markets. Technological forecasting and social change 180, article number: 121715. (10.1016/j.techfore.2022.121715)
2021
- Shehadeh, A. A., Li, Y., Vigne, S. A., Almaharmeh, M. I. and Wang, Y. 2021. The existence and severity of the forward premium puzzle during tranquil and turbulent periods: Developed versus developing country currencies. International Review of Financial Analysis 78, article number: 101871. (10.1016/j.irfa.2021.101871)
Articles
- Zhang, D., Wang, C. and Wang, Y. 2024. Unveiling the critical nexus: Volatility of crude oil future prices and trade partner’s cash holding behavior in the face of the Russia–Ukraine conflict. Energy Economics 132, article number: 107413. (10.1016/j.eneco.2024.107413)
- Zhang, D., Zhao, M., Wang, Y., Vigne, S. A. and Benkraiem, R. 2024. Technological innovation and its influence on energy risk management: Unpacking China’s energy consumption structure optimization amidst climate change. Energy Economics 131, article number: 107321. (10.1016/j.eneco.2024.107321)
- Ma, F., Cao, J., Wang, Y., Vigne, S. A. and Dong, D. 2023. Dissecting climate change risk and financial market instability: Implications for ecological risk management. Risk Analysis (10.1111/risa.14265)
- Wei, Y., Wang, Y., Vigne, S. A. and Ma, Z. 2023. Alarming contagion effects: the dangerous ripple effect of extreme price spillovers across crude oil, carbon emission allowance, and agriculture futures markets. Journal of International Financial Markets, Institutions and Money 88, article number: 101821. (10.1016/j.intfin.2023.101821)
- Zhang, D., Kong, Q., Wang, Y. and Vigne, S. A. 2023. Exquisite workmanship through net-zero emissions? The effects of carbon emission trading policy on firms' export product quality. Energy Economics 123, article number: 106701. (10.1016/j.eneco.2023.106701)
- Zhang, D., Wang, J. and Wang, Y. 2023. Greening through centralization of environmental monitoring?. Energy Economics 123, article number: 106753. (10.1016/j.eneco.2023.106753)
- Gu, L., Peng, Y., Vigne, S. A. and Wang, Y. 2023. Hidden costs of non-green performance? The impact of air pollution awareness on loan rates for Chinese firms. Journal of Economic Behavior and Organization 213, pp. 233-250. (10.1016/j.jebo.2023.07.014)
- Bai, L., Wei, Y., Zhang, J., Wang, Y. and Lucey, B. M. 2023. Diversification effects of China's carbon neutral bond on renewable energy stock markets: A minimum connectedness portfolio approach. Energy Economics 123, article number: 106727. (10.1016/j.eneco.2023.106727)
- Wei, Y., Wang, Y., Lucey, B. M. and Vigne, S. A. 2023. Cryptocurrency uncertainty and volatility forecasting of precious metal futures markets. Journal of Commodity Markets 29, article number: 100305. (10.1016/j.jcomm.2022.100305)
- Wang, Y., Wei, Y., Lucey, B. M. and Su, Y. 2023. Return spillover analysis across central bank digital currency attention and cryptocurrency markets. Research in International Business and Finance 64, article number: 101896. (10.1016/j.ribaf.2023.101896)
- Wei, Y., Zhang, J., Bai, L. and Wang, Y. 2023. Connectedness among El Niño-Southern Oscillation, carbon emission allowance, crude oil and renewable energy stock markets: Time- and frequency-domain evidence based on TVP-VAR model. Renewable Energy 202, pp. 289-309. (10.1016/j.renene.2022.11.098)
- Wei, Y., Zhang, J., Chen, Y. and Wang, Y. 2022. The impacts of El Niño-southern oscillation on renewable energy stock markets: Evidence from quantile perspective. Energy 260, article number: 124949. (10.1016/j.energy.2022.124949)
- Wang, Y., Horky, F., Baals, L., Lucey, B. and Vigne, S. 2022. Bubbles all the way down? Detecting and date-stamping bubble behaviours in NFT and DeFi markets. Journal of Chinese Economic and Business Studies 20(4), pp. 415-436. (10.1080/14765284.2022.2138161)
- Lucey, B. M., Vigne, S. A., Yarovaya, L. and Wang, Y. 2022. The cryptocurrency uncertainty index. Finance Research Letters 45, article number: 102147. (10.1016/j.frl.2021.102147)
- Wang, Y., Lucey, B., Vigne, S. A. and Yarovaya, L. 2022. An index of cryptocurrency environmental attention (ICEA). China Finance Review International 12(3), pp. 378-414. (10.1108/CFRI-09-2021-0191)
- Wang, Y. 2022. Volatility spillovers across NFTs news attention and financial markets. International review of financial analysis 83, article number: 102313. (10.1016/j.irfa.2022.102313)
- Wang, Y., Lucey, B. M., Vigne, S. A. and Yarovaya, L. 2022. The Effects of Central Bank Digital Currencies News on Financial Markets. Technological forecasting and social change 180, article number: 121715. (10.1016/j.techfore.2022.121715)
- Shehadeh, A. A., Li, Y., Vigne, S. A., Almaharmeh, M. I. and Wang, Y. 2021. The existence and severity of the forward premium puzzle during tranquil and turbulent periods: Developed versus developing country currencies. International Review of Financial Analysis 78, article number: 101871. (10.1016/j.irfa.2021.101871)
Research
Research interests
Financialization, Econometrics
Google Scholar profile: https://scholar.google.com/citations?user=IsuZ_AYAAAAJ&hl=en&oi=ao
Editorial
- Associate Editor in International Review of Financial Analysis (ABS3*)
- Associate Editor in Finance Research Letters (ABS2*)
- Associate Editor in Research in International Business and Finance (ABS2*)
- Guest Editor in Journal of Chinese Economic and Business Studies, and host a special issue related to digital tokens (https://think.taylorandfrancis.com/special_issues/digital-asset-never-sleeps-unpacking-new-digital-tokens/?utm_source=TFO&utm_medium=cms&utm_campaign=JPG15743)
- Peer Reviewer in Journal of Economic Behavior & Organization, Energy Economics, Economics Letters, Journal of Commodity Markets, Journal of International Financial Markets, Institutions and Money, Technological Forecasting and Social Change, and others
Conferences and seminars speech
- 2023 2nd International Cardiff Fintech Conference. Co-chairs.
- 2023 Cardiff Sustainable Finance Conference. Co-chairs.
- 2023 Central University of Finance and Economics - FinTech seminar. Invited speaker.
- 2022 The American Finance Association Annual Meeting.
- 2021 Renmin University of China - Bits and Blocks (Blockchain) Workshop. Invited speaker.
- 2021 China Finance Review International Conference. Shanghai Jiao Tong University.
- 2021 useR - Tutorial Presentation. Swiss Federal Institute of Technology in Zürich, Switzerland.
- 2021 7th International Young Finance Scholars Conference. University of Oxford and Peking University.
- 2021 Annual Conference of the Money, Macro, Finance Society, University of Cambridge.
Teaching
Yizhi is wholeheartedly committed to education; devoted to teaching; constantly improving his teaching ability by following the frameworks of AACSB and EQUIS; focused on improving personal and professional skills; cognizant of (and striving to follow) the examples set by more experienced educators; keen to set a good example for students by his ethics; and diligently applying himself to the long-term development of teaching career.
The students supervised by Yizhi are popular in the job market, and they have found jobs in some of the top academic institutions or financial companies, such as the University of Oxford, Morgan Stanley, JPMorgan Chase & Co, and others.
He currently teaches the undergraduate module: BS2514 Financial Markets and Institutions (Teaching evaluation: 4.7/5). He had recently contributed to the postgraduate module BU7510 Financial Econometrics & Data Science, BU7508 Derivatives, and BU7505 Investment Theory when he was a PhD student.
Biography
Professional memberships
American Finance Association
Committees and reviewing
Committees:
Cardiff Business School Research Committee
Research Groups:
Cardiff Fintech Research Group
Cardiff Sustainable Finance Research Group
The Environmental, Ecological, Extinction Accounting, Governance and Economics Research Group
Supervisions
I am currently available to supervise postgraduate research students in the Financialization.
