Lin Chen

Lin Chen

Lin Chen is a Harvard-educated economist.

In 1994, Dr. Chen developed then the first and now the semi classic three factor model of the term structure of interest rates. Different variants of Chen model are being used in financial institutions worldwide. In this centennial review of modern finance (Continuous-Time Methods in Finance: A Review and an Assessment (http://ideas.repec.org/p/fth/colubu/00-03.html)), Lin Chen is listed along with Robert C. Merton, O. Vesicek, John C. Cox, Stephen A. Ross, Darrell Duffie, John Hull, Robert A. Jarrow, and Francis Longstaff as a leading scholar in term-structure modeling.

Another contribution of Dr. Chen to the financial industry and academia is to develop the so-called Modeling without Programming techniques. Specifically, Prof. Chen invented sophisticated techniques to implement advanced algorithms and models in financial engineering, computational finance and actuarial science, (such as Monte Carlo simulations, EVT, Copulas, and MCMC) in Excel spreadsheets using Excel’s functions only. These advanced models are normally implemented by serious programming tools such as C, JAVA or Matlab. Prof. Chen’s contribution makes it possible for those who can’t code to learn advanced models in finance and insurance.

Besides being a practitioner and academic in finance, Prof. Chen is also a talented physicist and accomplished artist. In 2002, Lin Chen made a national headline in his home country as a highest paid college president in China. However, his ambitious campaign to introduce American style college to China was aborted abruptly as he fell a victim of bad journalism in China.

References

* cite book | author = Jessica James and Nick Webber | year = 2000 | title = Interest Rate Modeling
publisher = Wiley Finance
*
*cite book | author=Sunderasan |title=Continuous-Time Methods in Finance: A Review and an Assessment (http://ideas.repec.org/p/fth/colubu/00-03.html)

ee also

*Financial engineering
*Mathematical finance


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Chen Lin — may refer to: Chen Lin (Han Dynasty) (died 217), Chinese minister Chen Lin (painter) (1260–1320), Chinese landscape painter Chen Lin (Ming) (1543–1603), Chinese general of the Ming Dynasty Chen Lin (singer) (1970–2009), Chinese pop singer Lin… …   Wikipedia

  • Chen Da (Water Margin) — Chen Da Water Margin character Nickname Stream Leaping Tiger (跳澗虎) Rank 72nd, Complete Star (地周星) of the 72 Earthly Fiends Tiger Cub Scouting General of Liangshan Origin Bandit leader from Mount Shaohua Hometown …   Wikipedia

  • Chen Tao (footballer) — Chen Tao 陈涛 Personal information Date of birth March 11, 1985 (1985 03 11) (age 26) Place of birth …   Wikipedia

  • Chen model — In finance, the Chen model is a mathematical model describing the evolution of interest rates. It is a type of three factor model (short rate model) as it describes interest rate movements as driven by three sources of market risk. It was the… …   Wikipedia

  • Chen Lin (badminton) — Chen Lin (Chinese: 陈林, born March 7, 1977) is a former female Chinese badminton player. She won the bronze medal at the 2001 Badminton World Championships in the women s doubles together with Jiang Xuelian. Achievements Tournament Year Event Rank …   Wikipedia

  • Chen Lin (Badminton) — Chen Lin (chinesisch 陈林, * 7. März 1977) ist eine ehemalige chinesische Badmintonspielerin. Karriere Chen Lin gewann 1998 die Hong Kong Open im Damendoppel mit Jiang Xuelian. In der gleichen Saison waren sie auch bei den German Open… …   Deutsch Wikipedia

  • Lin Dan — 林丹 Lin Dan lors des Jeux olympiques de 2008 …   Wikipédia en Français

  • Chen Shui-bian corruption charges — Chen Shui bian, former President of the Republic of China, stepped down on May 20, 2008, the same day that Ma Ying jeou took office as the new President of the Republic of China[1] Just one hour after he left the Presidential Office Building, as… …   Wikipedia

  • Chen Lin (Martyr) — Chen Lin Born October 1979 Zhuzhou, Hunan, P.R. China Died 31 May 2008 Yingxiu, Sichuan, P.R. China Nationality Chinese Chen Lin (Chinese: 陈林, October 1979 May 2008) was born in Zhuzhou City, Hunan Province, China.[1] …   Wikipedia

  • Lin Biao — Lin Biao, ou Lin Piao, (林彪) était un militaire et homme politique chinois né le 5 décembre 1907 dans la ville de Wuhan. Il est mort le 13 septembre 1971 dans des circonstances troubles, accusé de complot contre Mao Zedong. Lin Biao …   Wikipédia en Français

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”