Liang-Chih Liu

Liang-Chih Liu received his Ph.D. Degree in Finance at National Yang Ming Chiao Tung University in 2016 and joined the Department of Information and Finance Management at National Taipei University of Technology as an assistant professor in 2017. His research interests include computational finance, credit risk issues associated with corporate debt structure, issues about optimal debt structure, and financial text mining

1. Liang-Chih Liu , Tian-Shyr Dai, Lei Zhou (2023, Jul). On the Design of Bail-in-able Bonds from the Perspective of Non-Financial Firms. International Review of Economics and Finance, 89, 1136-1155.

2. Tian-Shyr Dai, Sharon Yang, Liang-Chih Liu (2023, Jun). Pricing Tenure Payment Reverse Mortgages with Optimal Exercised Prepayment Options under House Price, Interest Rate, and Mortality Risk. Quantitative Finance, 23(9), 1325-1339.

3. Chun-Yuan Chiu, Tian-Shyr Dai, Yuh-Dauh Lyuu, Liang-Chih Liu, Yu-Ting Chen (2022, Aug). Option Pricing with the Control Variate Technique beyond Monte Carlo Simulation. North American Journal of Economics and Finance, 62, 101772.

4. Liang-Chih Liu, Tian-Shyr Dai, Hao-Han Chang, Lei Zhou (2022, Aug). A Novel State-Transition Forest: Pricing Corporate Securities with Intertemporal Exercise Policies and Corresponding Capital Structure Changes. Quantitative Finance, 22(11), 2021-2045.

5. Tian-Shyr Dai, Chen-Chiang Fan, Liang-Chih Liu, Chuan-Ju Wang, Jr-Yan Wang (2022, Aug). A Stochastic-Volatility Equity Price Tree for Pricing Convertible Bonds with Endogenous Firm Values and Default Risks Determined by the First-Passage Default Model . The Journal of Futures Markets, 42(12), 2103-2134.

6. Liang-Chih Liu, Tian-Shyr Dai, Lei Zhou, Hao-Han Chang (2022, Jun). Analyzing Interactive Call, Default, and Conversion Policies for Corporate Bonds. The Journal of Futures Markets, 48(8), 1597-1638.

7. Jr-Yan Wang, Chuan-Ju Wang, Tian-Shyr Dai, Tzu-Chun Chen, Liang-Chih Liu, and Lei Zhou (2022, May). Efficient and Robust Combinatorial Option Pricing Algorithms on the Trinomial Lattice for Polynomial and Barrier Options. Mathematical Problems in Engineering, 2022.

8. Liang-Chih Liu, Chun-Yuan Chiu, Chuan-Ju Wang, Tian-Shyr Dai, Hao-Han Chang (2021, Mar). Analytical Pricing Formulae for Vulnerable Vanilla and  Barrier Options. Review of Quantitative Finance and Accounting, 58(1), 137-170. 

9. Liang-Chih Liu, Tian-Shyr Dai, Chuan-Ju Wang (2016, Jun). Evaluating Corporate Bonds and Analyzing Claim Holders' Decisions with Complex Debt Structure. Journal of Banking and Finance, 72, 151-174.

10. Tian-Shyr Dai, Sharon S. Yang, and Liang-Chih Liu (2015, Apr). Pricing guaranteed minimum/lifetime withdrawal benefits with various provisions under investment, interest rate and mortality risks. Insurance: Mathematics and Economics, 64, 364-379.

• Award for Distinguished Paper of the 2019 Annual Meeting of Taiwan Finance Association (TFA'19)
• Award for Distinguished Paper of the 2017 TSC Thesis Symposium
• The 10th Best Securities and Futures Paper Award, 2016
• Best Paper Award in Derivatives Sponsored by Chicago Trading Company, the 2015 Annual Meeting of the Financial Management Association (FMA’15), Orlando, 2015

• Principles of Accounting
• Principles of Economics
• Introduction to Financial Engineering
• Numerical Methods in Finance