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STAFF LIST

• Academic

  • Paul Allanson
  • Martin Chalkley
  • Monojit Chatterji
  • Yu-Fu Chen
  • John Dewhurst
  • Martin Jones
  • Sushil Mohan
  • Hassan Molana
  • Catia Montagna
  • Carlo J. Morelli
  • Dennis J. Petrie
  • Bill Russell
  • Paul T. Seaman
  • Yin Zhang

• Support

  • June Campbell
  • Adele Ferrier

Yu-Fu Chen

Contact:
y.f.chen@dundee.ac.uk
Tel:+44 (0)1382 384383
Fax:+44 (0)1382 384691
Postal Address:
Economic Studies
University of Dundee
Perth Rd
Dundee
DD1 4HN

Yu-Fu gained both a BSc and an MSc in Chemistry from the National Tsing Hua University in Taiwan, a PG Diploma in Economics from the University of Warwick, and both an MSc and a PhD in Economics from Birkbeck College, University of London. He is currently a lecturer in Economic Studies at the University of Dundee

Research

Yu-Fu's research interests include: real options application, macroeconomics, labour economics, modelling uncertainty, extreme events modelling.

Yu-Fu is currently working on:

• Modelling problems of extreme weather events and derive optimal policies for such low probability events by applying real options
• The effect of the institution of firing costs on employment, hiring decisions, temporary work agency, and working time determination
• The long-run effect of uncertainty on growth and business cycles

Teaching

• Economic Theory (Macroeconomics)
• Financial Economic Analysis
• Introductory Mathematics Course (Scottish Graduate Programme (SGPE), MSc Economics, University of Edinburgh)
• Asset Pricing (SGPE, University of Edinburgh)
• Corporate Finance (SGPE, University of Edinburgh)
• Real Options

Recent publications

• "An Essay on the Generational Effect of Employment Protection," with Gylfi Zoega, forthcoming in Mathematical Social Sciences, 2010
  
  
• "Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty", with Michael Funke, forthcoming in Scottish Journal of Political Economy, Vol 57, issue 3, 2010.
  
  
• "Institutional Uncertainty, Economic Integration, and Vertical Foreign Direct Investment Decisions", with Michael Funke, forthcoming in Open Economies Review, 2010
  
  
• "Threshold Effect of Dismissal Protection Regulation and the Emergence of Temporary Work Agencies", with Michael Funke, Studies in Nonlinear Dynamics & Econometrics, Vol. 13 : Iss. 4, Article 3, 2009
  
  
• "China's New Labour Contract Law: No Harm to Employment?", with Michael Funke, China Economic Review, 20, 558-572, 2009
  
  
• "Product Market Competition, Investment and Employment-Abundant versus Job-poor Growth: A Real Options Perspective", with Michael Funke, European Journal of Political Economy, 2008, 24, 218-238
  
  
• "Non-Wage Labour Costs, Policy Uncertainty and Labour Demand– A Theoretical Assessment", with Michael Funke, Scottish Journal of Political Economy, 2005, 52, p687-709
  
  
• "Protection and Employment under Uncertainty: A Real Option Approach", with I-Hui Cheng, Applied Economics, 2005, 37, 229–238
  
  
• Working Time and Employment Under Uncertainty, with Michael Funke, Studies in Nonlinear Dynamics & Econometrics: 2004, Vol. 8: No. 3, Article 5
  
  
• "Labour-market Institutions and Macroeconomic Shocks",with Dennis Snower and Gylfi Zoega, LABOUR, 2003, Vol 17, p247-270
  
  
• "Hiring and Firing: A Tale of Two Thresholds", with Alison Booth and Gylfi Zoega, Journal of Labor Economics, 2002, Vol 20, p217-248
  
• "On the Effectiveness of Firing Costs", with Gylfi Zoega, Labour Economics, 1999, Vol 6, p335-p354
  
  
• "Political Risk, Economic Integration, and the Foreign Direct Investment Decision", with Michael Funke, Dundee Economic Discussion Series, NO. 208, February 2008
  
  
• "Aging and Job Security", with Gylfi Zoega, Dundee Economic Discussion Series, NO. 206, December 2007
  
  
• "Threshold Effects of Dismissal Protection Regulation and Employment Dynamics", with Michael Funke, Dundee Economic Discussion Series, NO. 195, November 2006
  
  
• "Extracting Leading Indicators of Bank Fragility from Market Prices – Estonia Focus", with Michael Funke and Kadri Männasoo, Dundee Economic Discussion Series, NO. 185, December 2005
  
• "Cyclical Uncertainty and Physical Investment Decisions", with Michael Funke, Dundee Economic Discussion Series, NO. 169, July 2004
  
  
• "Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates ", with Michael Funke, CESifo Working Papers, 779, September 2002; HWWA Discussion Paper, 196, 2002; University of Hamburg Qantitative Macroeconomics Working Paper Series, 3/02, 2002
  
  
• "An Optimising Model of Price Adjustment with Missing Information", with Bill Russell, European University Institute, Working Paper, ECO 2002/3, 2002