Tsai, SL. Chiang and C. Miller, “A Study on the Distribution of the Foreclosure Lag, Its Expected Capital Opportunity Cost and Its Analyses”. Journal of International Financial Markets, Institutions & Money. (forthcoming)
L. Chiang, T. T. Yang, and M. S. Tsai, “Assessing Mortgage Servicing Rights Using a Reduced-Form Model: Considering the Effects of Interest Rate Risks, Prepayment and Default Risks, and Random State Variables,” Journal of Housing Economics, Vol. 32, pp. 29-36, 2016.
T. Yang and Jessie Zhang, “Contagious Real Estate Cycle: Case of the US Subprime Related Crisis,” International Real Estate Review, Vol. 19, No. 2, pp. 171-196, 2016.
Chen, Jin Xiang, and T. Yang, “Re-default Risk of Modified Mortgages,” Journal of Real Estate(in Chinese), forthcoming 2016.
Miller, M. Hwang and R. Van Order, “Effects of FHA loan limit Increases by ESA 2008: Housing Demand and Adverse Selection”, The AREUEA National Conference 2016.
Chen Lin, “Risk Allocation in Affordable Housing Finance”, The annual Asian Real Estate Society Conference, 2015.
T.Yang, F. Liu, and C. Lin, “Isolating Bubble Impacts from the Housing Finance System: The Financial Innovation of Home Appreciation Participation Notes,” Journal of Zhejiang University, Vol. 43, No. 1, 2013.
T. Yangand J. Zhang, “Mortgage Defaults and Risk-Based Capital: Post-Global Financial Crisis Development and Implications to Emerging Markets,” In Search of New Paradigm in Housing Policy after the Global Financial Crisis, M. Cho and M. Cha, eds., 2012.
C.Lin, F.Liu and T. Yang, “Isolating Bubble Impacts from the Housing Finance System,” Journal of ZheJiang University, Vol 43, 31-42, 2012
T. Yang,C. Lin, and M. Cho, “Collateral Risk in Residential Mortgage Defaults,” Journal
of Real Estate Finance and Economics, Vol. 42, No. 2, 2011.
J. Cassidy, B. Dennis, and T. T. Yang,“Home Appreciation Participation Notes: A Solution to Housing Affordability and the Current Mortgage Crisis,” International Real Estate Review, Vol. 11, No. 2, 2008.
Chen,H. Liao, and T. T. Yang,“Market Risk of Mortgage-backed Securities with Consistent Measures,” Journal of Real Estate Finance and Economics, Vol. 36, No. 1, 2008.
Chen,X. Cheng, F. Fabozzi, and B. Liu. “An Explicit, Multi-factor Credit Default Swap Pricing Model with Correlated Factors,” Journal of Financial and Quantitative Analysis, March 2008.
Chen,F. Fabozzi, G. Pan, and R. Sverdlove. “Sources of Credit Risk: Evidence from Credit Default Swaps,” Journal of Fixed Income, December 2006 (lead article).
E. Cannaday, H. J. Munneke, and T. T. Yang,“A Multivariate Repeat Sales Model for Estimating House Price Indices,” Journal of Urban Economics, Vol. 57, No. 2, 2005.
Chen and T. T. Yang,“A Simple Multi-factor, Time-dependent-parameter Model for the Term Structure of Interest Rates,” Review of Quantitative Finance and Accounting, Vol. 19, No.1, 2002.
Yang and H. Buist, “Housing Finance in a Stochastic Economy: Theory, Estimation, and Policy Implications,” Real Estate Economics, Vol. 28, No. 1, pp. 117-139, 2000.