Research

Research Interests

My research focuses on Financial Economics, Tokenomics, and Financial Econometrics. I am particularly interested in cryptocurrency markets, decentralized finance, and the intersection between traditional and digital financial systems.

Publications

Journal Articles

Market reaction, COVID-19 pandemic and return distribution

Chenglu Jin, Xingyu Lu, Ihan Chang (corresponding author)
Finance Research Letters (ABDC A), 2022

This study examines market reactions during the COVID-19 pandemic and analyzes return distribution patterns across financial markets, providing insights into market behavior during crisis periods.

Working Papers

Connectedness and Contagion across Centralized and Decentralized Market

Ihan Chang (Single Author, supervised by Renee Fry-McKibbin)
2024

Examines the connectedness and contagion effects between traditional centralized financial markets and emerging decentralized cryptocurrency markets.

Market Dynamics and Investment Shifts: The Effects of Financial Liberalization in China

Ihan Chang (Single Author)
Presented at Sixth (2024) Academic Conference on Quantitative Finance and Insurance, 2024

Analyzes the impact of financial liberalization policies on market dynamics and investment patterns in Chinese financial markets.

How much market manipulation in DEXs

Ihan Chang, Talis J. Putnins, Luke J. Johnson
Presented at 2025 Digital Finance CRC (DFCRC) economic seminar, 2025

Investigates market manipulation practices in decentralized exchanges (DEXs), quantifying illicit activities and their impact on market integrity.