Kwok Ping Tsang

Virginia Tech

250 Drillfield Drive

Blacksburg, VA 24061

United States

http://https://sites.google.com/site/byrontkp/

SCHOLARLY PAPERS

31

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7,147

SSRN CITATIONS
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Top 15,866

in Total Papers Citations

76

CROSSREF CITATIONS

13

Scholarly Papers (31)

1.

China and World Output Impact of the Hubei Lockdown During the Coronavirus Outbreak

Forthcoming, Contemporary Economic Policy
Number of pages: 18 Posted: 25 Feb 2020 Last Revised: 30 Apr 2020
Shaowen Luo and Kwok Ping Tsang
Virginia Tech - Department of Economics and Virginia Tech
Downloads 2,279 (12,264)
Citation 9

Abstract:

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coronavirus; COVID-19; production network; labor shock; China; international trade

What Does the Yield Curve Tell Us about Exchange Rate Predictability?

Review of Economics and Statistics, Forthcoming
Number of pages: 49 Posted: 06 Feb 2009 Last Revised: 22 Jul 2011
Yu-Chin Chen and Kwok Ping Tsang
University of Washington - Department of Economics and Virginia Tech
Downloads 672 (71,579)
Citation 2

Abstract:

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Exchange Rate Forecasting, Term Structure of Interest Rates, Uncovered Interest Parity

A Macro-Finance Approach to Exchange Rate Determination

Number of pages: 45 Posted: 28 May 2010
Yu-Chin Chen and Kwok Ping Tsang
University of Washington - Department of Economics and Virginia Tech
Downloads 333 (166,034)
Citation 3

Abstract:

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Exchange Rate, Term Structure, Latent Factors, Term premiums

Anchoring and Loss Aversion in the Housing Market: Implications on Price Dynamics

Number of pages: 30 Posted: 30 Nov 2010 Last Revised: 22 May 2015
Tin Cheuk Leung and Kwok Ping Tsang
Wake Forest University and Virginia Tech
Downloads 209 (265,818)
Citation 4

Abstract:

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Price Dispersion, Anchoring, Loss Aversion, Housing Market

5.

What Drives the Owner-Occupied and Rental Housing Markets? Evidence from an Estimated DSGE Model

Number of pages: 51 Posted: 19 Oct 2014 Last Revised: 11 May 2016
Xiaojin (Aaron) Sun and Kwok Ping Tsang
University of Texas at El Paso and Virginia Tech
Downloads 296 (189,484)
Citation 8

Abstract:

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DSGE Models, House Price, Rent-Price Ratio, Optimal Monetary Policy

6.

The Impact of Stay-at-Home Orders on US Output: A Network Perspective

Number of pages: 20 Posted: 15 Apr 2020 Last Revised: 20 Apr 2020
Shaowen Luo, Kwok Ping Tsang and Zichao Yang
Virginia Tech - Department of Economics, Virginia Tech and Wenlan School of Business, Zhongnan University of Economics and Law
Downloads 233 (240,709)
Citation 4

Abstract:

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COVID-19; production network; labor shock; stay-at-home orders

7.

Decision-Making by Children

IZA Discussion Paper No. 2952
Number of pages: 44 Posted: 17 Aug 2007
Shelly J. Lundberg, Jennifer L. Romich and Kwok Ping Tsang
University of California, Santa Barbara (UCSB), University of Washington and Virginia Tech
Downloads 206 (270,240)
Citation 22

Abstract:

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decision-making, children, family

8.

Quantifying Racial Prejudices with Housing Transaction Data

Number of pages: 52 Posted: 20 Oct 2022 Last Revised: 08 Mar 2024
Tin Cheuk Leung, Xiaojin (Aaron) Sun and Kwok Ping Tsang
Wake Forest University, University of Texas at El Paso and Virginia Tech
Downloads 205 (271,471)

Abstract:

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Housing market, repeated-sales, racial prejudice

Can Anchoring and Loss Aversion Explain the Predictability in the Housing Market?

Number of pages: 28 Posted: 25 Jan 2011 Last Revised: 20 Jul 2011
Kwok Ping Tsang and Tin Cheuk Leung
Virginia Tech and Wake Forest University
Downloads 117 (434,008)

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Housing Return Predictability, Price Dispersion, Anchoring, Loss Aversion, Hong Kong Housing Market

Can Anchoring and Loss Aversion Explain the Predictability in the Housing Market?

HKIMR Working Paper No. 16/2011
Number of pages: 24 Posted: 20 Jun 2011
Tin Cheuk Leung and Kwok Ping Tsang
Wake Forest University and Virginia Tech
Downloads 78 (571,660)
Citation 6

Abstract:

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housing return predictability, price dispersion, anchoring, loss aversion, Hong Kong housing market

Frequency Dependence in a Real-Time Monetary Policy Rule

Number of pages: 45 Posted: 29 Jan 2010 Last Revised: 05 Aug 2017
Richard A. Ashley, Kwok Ping Tsang and Randal Verbrugge
Virginia Tech. - Department of Economics, Virginia Tech and Federal Reserve Bank of Cleveland
Downloads 145 (366,822)

Abstract:

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Taylor rule, frequency dependence, spectral regression, real-time data

Frequency Dependence in a Real-Time Monetary Policy Rule

FRB of Cleveland Working Paper No. 14-30
Number of pages: 44 Posted: 22 Nov 2014 Last Revised: 28 Sep 2015
Richard A. Ashley, Kwok Ping Tsang and Randal Verbrugge
Virginia Tech. - Department of Economics, Virginia Tech and Federal Reserve Bank of Cleveland
Downloads 41 (785,782)
Citation 2

Abstract:

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Taylor rule, frequency dependence, spectral regression, real-time data.

11.

Yield Curve and the Macroeconomy: Evidence from a DSGE Model with Housing

Number of pages: 31 Posted: 11 Sep 2020 Last Revised: 20 Dec 2021
Xiaojin (Aaron) Sun and Kwok Ping Tsang
University of Texas at El Paso and Virginia Tech
Downloads 185 (297,691)
Citation 1

Abstract:

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DSGE model, Yield curve, housing, nominal rigidity, loan-to-value ratio

Love Thy Neighbor: Income Distribution and Housing Preferences

Journal of Housing Economics, Forthcoming
Number of pages: 33 Posted: 14 Jun 2010 Last Revised: 07 Aug 2012
Tin Cheuk Leung and Kwok Ping Tsang
Wake Forest University and Virginia Tech
Downloads 109 (457,969)
Citation 1

Abstract:

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13.

What Cycles? Data Detrending in DSGE Models

Number of pages: 36 Posted: 22 Jun 2017
Xiaojin (Aaron) Sun and Kwok Ping Tsang
University of Texas at El Paso and Virginia Tech
Downloads 179 (306,635)
Citation 2

Abstract:

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DSGE models, Data detrending, Monetary policy, Forecasting

14.

The Yield Curve Through Time and Across Maturities

Number of pages: 31 Posted: 12 Mar 2007
Richard Startz and Kwok Ping Tsang
UCSB and Virginia Tech
Downloads 162 (334,391)

Abstract:

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term structure of interest rates, Nelson-Siegel yield curve, trend-cycle decomposition

15.

Letting Old Data Speak: Local Cultural Traits in Qing China Grain Prices

Number of pages: 36 Posted: 28 Nov 2021 Last Revised: 06 Sep 2023
T. Terry Cheung, Shaowen Luo and Kwok Ping Tsang
Academia Sinica - Institute of Economics, Academia Sinica, Virginia Tech - Department of Economics and Virginia Tech
Downloads 159 (339,684)

Abstract:

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Culture, Historical Prices, Qing China, Principle-Agent Problem

16.

On the Present Value Model in a Cross Section of Stocks

Number of pages: 38 Posted: 01 Apr 2014
Richard Startz and Kwok Ping Tsang
UCSB and Virginia Tech
Downloads 154 (348,873)

Abstract:

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present value model, stock price, discount rate

17.

The Market for Bitcoin Transactions

Number of pages: 42 Posted: 05 May 2020 Last Revised: 12 Oct 2020
Kwok Ping Tsang and Zichao Yang
Virginia Tech and Wenlan School of Business, Zhongnan University of Economics and Law
Downloads 152 (352,778)
Citation 1

Abstract:

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Bitcoin, Transaction Fees, Congestion, Vector Auto-regression

18.

Optimal Interest Rate Rule in a DSGE Model with Housing Market Spillovers

Number of pages: 12 Posted: 06 May 2014
Kwok Ping Tsang and Xiaojin (Aaron) Sun
Virginia Tech and University of Texas at El Paso
Downloads 149 (358,375)
Citation 4

Abstract:

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Optimal Interest Rate Rule, DSGE Model, House Price Inflation

19.

The Impact of Monetary Policy on Local Housing Markets: Do Regulations Matter?

Number of pages: 27 Posted: 22 Feb 2014 Last Revised: 18 Jun 2015
Xiaojin (Aaron) Sun and Kwok Ping Tsang
University of Texas at El Paso and Virginia Tech
Downloads 149 (358,375)
Citation 5

Abstract:

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Present value model, rent-price ratio, housing supply regulations

20.

The Rise of the 'Invisible Hand' Metaphor

Number of pages: 31 Posted: 23 Jun 2022 Last Revised: 07 Sep 2023
Kwok Ping Tsang
Virginia Tech
Downloads 122 (418,786)

Abstract:

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Adam Smith, English Historical School, the invisible hand, laissez faire.

21.

Do Connections Pay Off in the Bitcoin Market?

Number of pages: 69 Posted: 22 Mar 2021 Last Revised: 18 Jan 2022
Kwok Ping Tsang and Zichao Yang
Virginia Tech and Wenlan School of Business, Zhongnan University of Economics and Law
Downloads 120 (423,958)

Abstract:

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Bitcoin, Networks, Centrality, Asset Returns

22.

Does the Right to Choose Matter for Defined Contribution Plans?

Contemporary Economic Policy, Forthcoming
Number of pages: 34 Posted: 09 Mar 2015 Last Revised: 14 May 2016
Kwok Ping Tsang and Kin Ming Wong
Virginia Tech and Hong Kong Baptist University (HKBU)
Downloads 118 (429,316)

Abstract:

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defined contribution plans, mutual funds, employee choice, fund flows, retirement system

23.

Agree to Disagree: Measuring Hidden Dissents in FOMC Meetings

Number of pages: 62 Posted: 20 Aug 2023 Last Revised: 07 Mar 2024
Kwok Ping Tsang and Zichao Yang
Virginia Tech and Wenlan School of Business, Zhongnan University of Economics and Law
Downloads 114 (440,482)

Abstract:

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Natural language processing, disagreement, monetary policy, FOMC

24.

Does the Macro Matter in Macro-Finance Term Structure Models?

Number of pages: 39 Posted: 02 Feb 2013
Kwok Ping Tsang
Virginia Tech
Downloads 113 (443,388)

Abstract:

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macro-finance, term structure, VAR, Bayesian method

25.

Nonexponential Discounting: A Direct Test and Perhaps a New Puzzle

Number of pages: 40 Posted: 11 Dec 2008 Last Revised: 07 Aug 2012
Richard Startz and Kwok Ping Tsang
UCSB and Virginia Tech
Downloads 88 (525,390)
Citation 1

Abstract:

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Intertemporal consumer choice, discounting, hyperbolic discounting, consumption CAPM

26.

Price Dispersion in Bitcoin Exchanges

Number of pages: 10 Posted: 29 May 2020
Kwok Ping Tsang and Zichao Yang
Virginia Tech and Wenlan School of Business, Zhongnan University of Economics and Law
Downloads 77 (568,874)

Abstract:

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Bitcoin, Transaction Fees, Price Growth, Price Dispersion

27.

Elasticity of Attention and Optimal Monetary Policy

Number of pages: 9 Posted: 02 Jul 2020
Shaowen Luo and Kwok Ping Tsang
Virginia Tech - Department of Economics and Virginia Tech
Downloads 65 (623,566)

Abstract:

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rational inattention, elasticity of attention, optimal monetary policy

28.

A New Look at Historical Monetary Policy and the Great Inflation through the Lens of a Persistence-Dependent Policy Rule

FRB of Cleveland Working Paper No. 18-14R
Number of pages: 55 Posted: 17 Oct 2018 Last Revised: 10 Oct 2019
Richard A. Ashley, Kwok Ping Tsang and Randal Verbrugge
Virginia Tech. - Department of Economics, Virginia Tech and Federal Reserve Bank of Cleveland
Downloads 52 (693,947)
Citation 1

Abstract:

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Taylor rule, Great Inflation, intermediate target, natural rate, persistence, dependence

29.

Greenfield Foreign Direct Investment: Social Learning Drives Persistence

ISER DP No. 1171
Number of pages: 53 Posted: 06 Apr 2022
City University of Hong Kong, City University of Hong Kong, affiliation not provided to SSRN and Virginia Tech
Downloads 33 (826,215)

Abstract:

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Greenfield FDI, persistence, information, social learning

30.

Credible Granger-Causality Inference with Modest Sample Lengths: A Cross-Sample Validation Approach

Number of pages: 22 Posted: 11 Jul 2013 Last Revised: 02 Jan 2014
Richard A. Ashley and Kwok Ping Tsang
Virginia Tech. - Department of Economics and Virginia Tech
Downloads 33 (826,215)

Abstract:

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Time Series, Granger-causality, causality, post-sample testing, exchange rates

31.

Forecasting Exchange Rates with Generalized Principal Components

Posted: 13 Oct 2017
Karo Solat and Kwok Ping Tsang
Virginia Tech and Virginia Tech

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factor model, principal component analysis, exchange rates, out-of-sample forecasting

Other Papers (1)

Total Downloads: 8
1.

Global Effects of U.S. Dividend Income Tax

Number of pages: 43 Posted: 04 Jun 2018
Tat-kei Lai, Travis Ng and Kwok Ping Tsang
IESEG School of Management, Univ. Lille, CNRS, UMR 9221 - LEM - Lille Economie Management, The Chinese University of Hong Kong (CUHK) - Department of Economics and Virginia Tech
Downloads 8 (326,157)

Abstract:

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dividend payout, tax treaty, corporate governance