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Dr Shih-Yun Huang

Shih-Yun Huang

Research Associate

Finance & Accounting Group

Profile

I joined Aston Business School in September 2010 as a Research Associate in the Finance and Accounting Group.  Before coming to Aston, I held the Bradford University School of Management Studentship supporting my research in Finance for my Doctorate.  Prior to that, I completed an MSc in Accounting and Financial Management at Lancaster University following my undergraduate degree in Accounting awarded with Honours from Tamkang University in Taiwan. 

I take a research approach that integrates a number of areas in corporate finance, asset pricing, utility function and dynamic stochastic general equilibrium modelling.

My current research focus is in support of a Leverhulme Trust-funded project: Payout Policy and Default Risk which is led by Dr. Neophytos Lambertides.

I am also interested in market-wide dividend behaviour and momentary utility function, as well as stochastic dominance.

Qualifications & Education

  • PhD candidate in Finance, Bradford University School of Management, UK.  [awarded the School Studentship] 
    Thesis title: Real Investment and Dividend Policy in a Dynamic Stochastic General Equilibrium Model
    Thesis has been submitted.

  • MSc in Accounting and Financial Management, Lancaster University, UK, 2006. 
    Dissertation title: Assessing Default Risk of Public Companies

  • Bachelor of Business (Hons) in Accounting, Tamkang University, Taiwan, 2004

Employment

  • September 2010 to date: Research Associate, Finance and Accounting Group, Aston Business School, Aston University.

  • 2010 (short term), Research Assistant, Bradford University School of Management, UK.

  • 2004-2005, Project Assistant, Tamkang University, Taiwan.
    Major tasks included:
    • Tracking and managing project and controlling the budgets in local government offices.
    • Supporting and assisting local government branches with funding claim resubmissions.
    • Participating in the planning of activities and training for local government officers.

Teaching activity

I have teaching and tutoring experience for postgraduate and undergraduate students at Bradford University School of Management in several areas including:
  • Asset Pricing
  • Derivatives and Risk Management
  • Advanced Financial Modelling
  • Financial Management
  • Financial Database Session: Thomson Datastream Advance

Research interests

  • Corporate finance: dividend policy, financing decisions and capital structure, default risk.
  • General financial markets: asset pricing, utility theory and prospect theory.
  • Macroeconomics: real business cycle theory (RBC) and dynamic stochastic general equilibrium models (DSGE). 
My current research focuses on (a) Dividend Policy and Default Risk; (b) Aggregate Dividends and Consumption in a Production Economy.

Selected publications

“Aggregate Dividends and Consumption Smoothing” (Working Paper with M.C. Freeman, 2010).  Paper presented at the Global Finance Association Conference, 27-30 June 2010.