Department of Quantitative Finance
National Tsing Hua University
Department of Quantitative Finance
National Tsing Hua University
Department of Quantitative Finance
National Tsing Hua University
Department of Quantitative Finance
National Tsing Hua University
M.A., Department of Economics
Chen, C.C., Y.L. Huang and Yang, F. (2024), “Semantics Matter: An Empirical Study on Economic Policy Uncertainty Index,” International Review of Economics and Finance, 89, 1286-1302.
Chen, C.C., Huang, H.H., Takamura, H., Kato, M.P., Y.L. Huang (2022), “FinTech on theWeb,” ACM Transactions on the Web, 17,1-3.
Huang, Y.L. and C.M. Kuan (2021), “Economic Prediction with the FOMC Minutes: An Application of Text Mining,” International Review of Economics and Finance, 71, 751-761.
Huang, Y.L., J.H. Yeh and C.C. Chen (2021), “Economic Policy Uncertainty Index for Taiwan,” Taiwan Economic Review, 49, 307-334. (in Chinese)
Huang, Y.L. and C.M. Kuan (2019), “Text Mining of the FOMC Minutes and Forecasts of Taiwan Economic Variables,” Taiwan Economic Review, 47, 363-391. (in Chinese)
Wu, J.Y. and Y.L. Huang (2017), “Impact of US and Japan Quantitative Easing Policies on Taiwan: A GVAR Approach,” Taiwan Economic Forecast and Policy, 48, 1-39. (in Chinese)
Chen, J-H, Y.L. Huang and J.R. Chang (2017), “Robust Good-Deal Bounds in Incomplete Markets: The Case of Taiwan,” Hitotsubashi Journal of Economics, 58, 53-67.
Lu, T.S., J.R. Chang and Y.L. Huang (2016), “Can Anomalies be Explained by Technical Analysis? Evidence from Candlestick Patterns,” Advances in Investment Analysis and Portfolio Management, 7, 65-83.53-67.
Chen, S.L. and Y.L. Huang (2015), “Taiwan Business Reference Series Re-examination,” Taiwan Economic Forecast and Policy, 46, 1-42.
Huang, Y.L. and C.H. Huang (2015), “Uncertain Effect of Shocks vs. Uncertain Unit Root: An Alternative View of U.S. Real GDP,” Hitotsubashi Journal of Economics, 56, 117-134.
Chen, S.L. and Y.L. Huang (2014), “Actuarial Implications of Structural Changes in El Nino-Southern Oscillation Index Dynamics,” Annals of Financial Economics, 9, 125-138.
Bao, Xiaohue, Y.L. Huang, and P.T. Lin (2014), “Volatility Clustering in Land Markets,” Property Management, 32, 378-385.
Huang, Y.L. (2014), “Testing Markov Switching Models,” Applied Economics, 46, 2047-2051.
Huang, Y.L., J. T. Tsay, S.S. Yang, and H. W. Cheng (2014), “Price Bounds of Mortality-Linked Security in Incomplete Insuarance Market,” Insurance: Mathematics and Economics, 55, 30-39.
Kuan, C.M, C. C. Hsu, Y.L. Huang and S. H. Hsu (2014), “Financial Conditions and the Macroeconomy in Taiwan,” Taiwan Economic Forecast and Policy, 44, 103-132. (in Chinese)
Chen, S.L. and Y.L. Huang (2014), “An Evaluation of Component Series of Business Indicators: An Application of LARS Method,” Taiwan Economic Forecast and Policy, 44, 133-170. (in Chinese)
Chen, S.L., C.H. Huang and Y.L. Huang (2012), “International Economic Linkages between Taiwan and the World: A Global Vector Autoregressive Approach,” Academia Economic Papers, 40, 343-375.
Lin, C.C., Y.L. Huang and C. Lu (2012), “Estimating Mortgage Prepayment Rates using the Gibbs-Sampling Approach,” Advances in Financial Planning and Forecasting, 5, 215-230.
Huang, Y.L. (2012), “Measuring Business Cycles: A Temporal Disaggregation Model with Regime Switching,” Economic Modelling, 29, 283-290.
Huang, Y.L. (2010), “Estimating Taiwan’s Monthly GDP in an Exact Kalman Filter Framework: A Research Note,” Taiwan Economic Review, 38, 147-160.
Huang, Y.L. (2009), “Identifying Turbulent and Calm Regimes in Stock Prices: Evidence from the Taiwan Stock Market,” Applied Economics Letters, 14, 1477-1481.
Huang, Y.L., C.H. Huang and C.M. Kuan (2008), “Re-examining the Permanent Income Hypothesis with Uncertainty in Permanent and Transitory Innovation States,” Journal of Macroeconomics, 3, 1816-1836.
Huang, Y.L. and C.W. Ho (2008), “Beyond the Bull and the Bear: Demarcating Stable and Turbulent Regimes in Stock Markets,” Economic Bulletin, 3, 1-11.
Huang, Y.L. (2008), “An Alternative Estimation Algorithm for Innovation Regime-Switching Models,” Applied Economics Letters, 15, 225-229.
Huang, Y.L. and C.H. Huang (2007), “The Persistence of Taiwan’s Output Fluctuations: An Empirical Study using Innovation Regime-Switching Model,” Applied Economics, 39, 2673-2679.
Huang, Y.L. (2007), “On the Pricing of Collateralized Debt Obligation: A Copula Function Approach,” Academia Economic Papers, 35, 21-52. (in Chinese)
Kuan, C.M., Y.L. Huang and R.S. Tsay (2005), “An Unobserved-Component Model with Switching Permanent and Ttransitory Innovations,” Journal of Business and Economic Statistics, 23, 443-454.
Huang, Y.L., C.C. Hsu and H.W. Chen (2005), “Reference Cycles: The CEPD Methodology Revisited,” Taiwan Economic Review, 33, 295-319. (in Chinese)
Huang, Y.L., C.M. Kuan, and K. Lin (1998), “Identifying the Turning Points of Business Cycles and Forecasting Economic Growth Rates in Taiwan,” Taiwan Economic Review, 26, 431-457. (in Chinese)
Yeh Hsiu-Hsuan, Y.L. Huang, Ziho Park, and C.C. Chen (2024), “Automation of Text-Based Economic Indicator Construction: A Pilot Exploration on Economic Policy Uncertainty Index,” Proceedings of The 33th ACM International Conference on Information and Knowledge Management (CIKM’24).
Chung-Chi Chen, H.H. Huang, Y.L. Huang, and H.H. Chen (2021), “Distilling Numeral Information for Volatility Forecasting,” Proceedings of The 30th ACM International Conference on Information and Knowledge Management (CIKM’21).
Chung-Chi Chen, H.H. Huang, Y.L. Huang, and H.H. Chen (2021), ” Constructing Noise Free Economic Policy Uncertainty Index,” Proceedings of The 30th ACM International Conference on Information and Knowledge Management (CIKM’21).
Huang, Yu-Lieh (2024), “Traditional Chinese Financial Dictionary with Sentiment Word Lists,” Working Paper.
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編製經濟指標的目的在於監測經濟狀況、預測未來趨勢、提供政策制定依據,並為市場決策與經濟評估提供參考。透過領先指標、房價指標、消費信心指標等數據,決策者、投資人和企業能夠掌握經濟變化,並據此調整策略。例如,以七項總體變數編製的領先指標可用來預測景氣循環,幫助政府制定適當的財政與貨幣政策;而透過大量房屋交易數據編製的房價指標則能反映房市熱度,影響購房與投資決策。此外,這些指標還可用於不同國家或區域間的經濟比較,進一步提升政策與市場決策的精確度。因此,經濟指標的編製不僅是衡量經濟表現的重要工具,也為決策者與市場參與者提供制定策略的關鍵依據。 編製經濟指標的方法很多,需依據不同應用場景選擇適當的計算方式。例如拉氏物價指數 (Laspeyres Price Index) 和帕氏物價指數 (Paasche Price Index) 便是常用的指數計算方式。拉氏指數以基期數量作為權重,計算較為簡單且適用於長期比較,但可能高估物價變動;帕氏指數則以現期數量為權重,能反映消費行為變化,但計算較為複雜,可能低估物價變動。因此,學者常採用費雪理想指數 (Fisher Ideal Index) 作為折衷方案,透過幾何平均方式綜合兩者優勢。此外,經濟學者也運用各種模型來編製指標,例如主成分分析 (如因子模型)、時間序列分析 (如 HP filter)、機器學習 (如 LSTM…