The Centre for Banking and Financial Stability aims to promote and enhance Sino-Australian research in the areas of banking and finance.
We provide a platform for insightful discussions and debates through rigorous and policy-oriented research on stable financial systems, and effective monetary policies and regulatory mechanisms in Australia and China.
Our research concentrates on four major themes that are important to both countries:
The risk-taking behaviour and effectiveness of regulatory mechanisms of financial intermediaries and in financial markets.
The risk assessment of credit risk, systemic risk, and liquidity risk in the financial sector.
The effectiveness of monetary policy through the financial sector and its impact on the real economy, including challenges posed by the increasing importance of shadow banking.
The evaluation and assessment of bank regulations that include the most recent Basel III/IV on capital requirements, liquidity requirements, other macro-prudential regulations on the aggregate risk of the financial sector, regulations in the operation of over-the-counter markets, and bank deposit guaranteed schemes.
Professor Qing Wang Director, Institute of Chinese Financial Studies, Vice Dean of Beijing School of SWUFE
Professor Zheng Hong
Associate Professor Qingma Dong
Associate Professor Yishu Fu
Associate Professor Ji Wu
Associate Professor Xiaoli Wan
Associate Professor Xu Li
Associate Professor Kun Xu
Assistant Professor Yu Wu
Assistant Professor Wenchun Wang
Professor Chris Waller Executive Vice President and Director of Research, Federal Reserve Bank of St. Louis, and Adjunct Professor in Economics, Department of Economics
Professor Shih-Cheng Lee Yuan Ze University, Taiwan
Professor Daniel Roesch Chair in Statistics and Risk Management, University of Regensburg, Germany
Associate Professor Harry Scheule University of Technology Sydney, Australia
Dr Christie Smith Reserve Bank of New Zealand, Manager of the Research Team
Dr David Wheelock Group Vice President and Deputy Director of Research, Federal Reserve Bank of St. Louis
Anbarci, N, Gomis-Porqueras, P & Pivato, MP 2017, 'Evolutionary stability of bargaining and price posting: implications for formal and informal activities', Journal of Evolutionary Economics, pp. 1–33.
Gomis-Porqueras, P, Julien, B, & Wang, L 2017, 'Strategic advertising and directed research', International Economic Review, vol. 58, pp. 783–806.
Gomis-Porqueras, P, Kam, T, & Waller, C 2017, 'Nominal exchange rate determinacy under the threat of currency counterfeiting', American Economic Journal: Macroeconomics, vol. 9, pp. 256–273.
Gomis-Porqueras, P, Julien, B, & Wang, L 2017, 'Competitive search with ex-post opportunism', The B.E. Journal of Theoretical Economics, pp. 1–17.
Lee, SC, Lin, CT, & Yu, MT 2017, 'A comparative analysis of accounting-based valuation models', Journal of Accounting, Auditing, and Finance, vol. 32, pp. 561–575.
Tran, VH, Nguyen, H, & Lin, CT 2017, 'Herding behaviour in the Australian loan market and its impact on bank loan quality', Accounting and Finance, vol. 57, pp. 1149–1176.
Gomis-Porqueras, P, Moslehi, S, & Suen, R 2016, 'The role of dietary choices and medical expenditures on health outcomes when health shocks are endogenous', Economic Modelling, vol. 54, pp.13–25.
Tran, VH, Lin, CT, & Nguyen, H 2016, 'Liquidity creation, regulatory capital, and bank profitability', International Review of Financial Analysis, vol. 48, pp. 98–109.
Lee, SC, Lin, CT, & Tsai, MH 2015, 'The pricing of deposit insurance in the presence of systematic risk', Journal of Banking and Finance, vol. 51, pp. 1–11.
Pan, LH, Lin, CT, Lee, SC, & Ho, CK 2015, 'Information ratings and capital structure', Journal of Corporate Finance, vol. 31, pp. 17–32.
Bossi, LP, Gomis-Porqueras, P, & Kelly, D 2014, 'Optimal second best taxation of addictive goods in dynamic general equilibrium: a revenue raising perspective', B.E. Journal of Macroeconomics, vol. 14, pp. 75–118.
Boyd, JH, Gomis Porqueras, P, Kwak, S, & Smith, BD 2014, 'A user’s guide to banking crises', Annals of Economics and Finance, vol.15, no. 2, pp. 800–892.
Gomis-Porqueras, P, Peralta-Alva, A, & Waller, C 2014, 'The shadow economy as an equilibrium outcome', Journal of Economic Dynamics and Control, vol. 41, pp. 1–19.
Huang, PH, Lee, SC, & Lin, CT 2014, 'Implementing countercyclical capital buffer schemes for Australian banks', JASSA - The Finsia Journal of Applied Finance, pp.12–18.
Jain, A, Guo, J, & Lin, CT 2014, 'Bank fundamentals, executive compensation, and public perception of banks in Australia', Economic Papers, vol. 33, pp. 220–232.
Lee, SC, Lin, CT, Chen, JL, & Chiu, BH 2014, 'Basel risk weights, asset correlations, and book-to-market equity: evidence from Asian countries', JASSA – The Finsia Journal of Applied Finance, pp. 6–11.