Education Experience

1994-1998 ,Applied Mathmetics，Department of Mathematics, Wuhan University, B. A. 1998-2003, Probability and Methematics Stastics, Department of Mathematics, Wuhan University, Ph.D.

Work Experience

2003-present, School of Statistics, Renmin University of China

Grants

The National Natural Science Fund Project: (No.70903070): Based on the micro-survey data, China`s monetary policy and theoretical models and numerical simulation study. China Insurance Regulatory Commission: The Actuarial Models compilation for China Actuaries Exam. Renmin University of China Research Fund Project: Analysis of the International factors on the overall price level in China.

Courses

Non life insurance actuarial，2004-2016 Actuarial model, 2012-now Reinsurance，2006-2017 Risk Management，2012-now Quantitative risk management, 2016-2018 Non-life insurance actuarial practice,2017-now

Research Interest

Financial econometrics, risk management, catastrophe risk management, non-life insurance actuarial science

Publications

Zhengyan Xiao, as an associate professor in School of Statistics, Renmin University of China, received her PH.D. degree in School of Mathematics and Statistics, Wuhan University in 2003. The research field of Xiao contains Applied Statistics and Risk Management. Her primary works includes Risk Theory, Non-life Insurance Actuarial Theory, The Theory of Learning in Games etc. More than ten pieces of paper had been published on International SSCI and domestic core journals such as “Annals of Economics and Finance”, ”Economic Research Journal”, ”Journal of Financial Research”, “Statistical Research”. She had also hosted National Natural Science Fund Project and the Actuarial Models compilation for China New Systematic Actuaries Exam.

Proceedings

Book： Zhengyan Xiao & Sujin Zheng, Actuarial Models, China Financial & Economic Publishing House, 2010 Zhengyan Xiao, Risk Theory, Renmin University of China Press, 2008 Zhengyan Xiao & Hongzhong Gao, Non-life Insurance Actuarial Theory, China Renmin University Press, 2006. Zhengyan Xiao & Chenqi Hou (Translation), Game Learning Theory, China Renmin University Press, 2004. Zhengyan Xiao, Markov Chain Limit Properties in Stochastic Environment, The Thesis of Wuhan University Ph.D. 2003. Paper： Identifying critical supply chains: An input-output analysis for Food-Energy-water-Nexus in China， Ecological Modelling, 2019, 392: 31-37, 2019 Oil Prices and Chinese Stock Market: Nonlinear Causality and Volatility Persistence, Emerging Markets Finance and Trade, 2019, 55:1247-1263 Identifying critical supply chains: An input-output analysis for Food-Energy-water-Nexus in China， Ecological Modelling, 2019, 392: 31-37, 2019 Oil Prices and Chinese Stock Market: Nonlinear Causality and Volatility Persistence, Emerging Markets Finance and Trade, 2019, 55:1247-1263 AIdentifying critical supply chains: An input-output analysis for Food-Energy-water-Nexus in China， Ecological Modelling, 2019, 392: 31-37, 2019 Oil Prices and Chinese Stock Market: Nonlinear Causality and Volatility Persistence, Emerging Markets Finance and Trade, 2019, 55:1247-1263 Has China`s Economy Become More Stable and Inertial? Nonlinear Investigations Based on Structural Break and Duration Dependent Regime Switching Models, Annals of Economics and Finance , 2011,12-1, 159-183. Zhengyan Xiao, The Invariant Principle for p-Chain, Acta. Math. Sinica, English Series, 2007(1). Optimal Portfolio Rules with Habit Formation and Preference for Wealth, Wuhan Univ. J. of Nat. Sci. 2003 (4)1057-1060. The Invariant Measure and Ergodicity of Markov Chains in Random Environments, J. of. Math of China, 2003(1). Households’ Wealth in Urban China: A Behavioral Perspective, Economic Research Journal, 2012(4). (In Chinese) House Prices and Monetary Policy Rules in China, Statistical Research, 2011(10). (In Chinese) Wealth Redistribution in Inflation Shocks: Based on the Comparison of China and the U.S, Economic Theory and Business Management, 2011(6). (In Chinese) Shilei Tang, Research on Micro-foundations of Chinese Inflation Expectations, Statistical Research, 2011(3). (In Chinese) Can International commodity prices affect Chinese CPI? Based on the analysis of BVAR model. Economic Theory and Business Management, 2009(8). (In Chinese) The Extinction Probabilities and Growth of the Multitype Branching Chains in Random Environments, Advances in Mathematics, 2006(6). (In Chinese) The Measure on Macroeconomic Expectation-an Argument for Survey Measure Based on Behavioral Economics, Journal of Renmin University of China, 2006(5). (Full Text Reprinted on Economic Theory as Renmin University of China Copied Material, 2006(9)). (In Chinese) Incomplete Markets, Uncertainty, and the Interest Tax in China, Economic Theory and Business Management, 2006(5). (Full Text Reprinted on Public Finance and Tax as Renmin University of China Copied Material, 2006(9)). (In Chinese) Habit formation, asset pricing, and Markov chain algorithm, Statistics and Decision in China, 2006(8). (Full Text Reprinted on Statistics and Actuarial Science as Renmin University of China Copied Material, 2006(6)). (In Chinese) Interest Rate Risk and Consumption Behaviors of Urban Households in China, Journal of Financial Research, 2006(3). (In Chinese) Study of Heterogeneity of Inflation Expectations in China, Journal of Financial Research, 2005(9). (In Chinese) Study of Inflation Expectations in China: A Survey Data Approach, Journal of Financial Research, 2004(11). (In Chinese) Fortune Preference and Precautionary Savings, Review on Public Finance & Economics, 2004(1). (In Chinese) The Classification of States for Skew Product Markov Chains, Acta Mathematica -Phyisca Scientia(B), 2003(3). (In Chinese) ASSET PRICES WITH GAUSSIAN SHOCKS AND HABIT FORMATION, Economic Theory and Business Management, 2005(10). (In Chinese) Relative Wealth and the Equity Premium Puzzle, Finance and Trade Research, 2004(3). (In Chinese) Preference for Wealth, Habit Formation, and the Volatility of Consumption and Wealth, China Economic Quarterly, 2003(3-1). (In Chinese) Skew Product Markov Chains Invariant Measurement and Traverse Limit Theory, Journal of Wuhan University(Natural Science Edition), 2011(1). (In Chinese)