/ Recent content in Home on Runfeng (Jerry) Yang Hugo en-us Sun, 01 Jun 2025 00:00:00 +0000 /photography/2025-china/ Sun, 01 Jun 2025 00:00:00 +0000 /photography/2025-china/ <h2 class="heading" id="春节中的成都"> 春节中的成都 <a class="anchor" href="#%e6%98%a5%e8%8a%82%e4%b8%ad%e7%9a%84%e6%88%90%e9%83%bd">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/1.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/2.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/3.jpg" > </div> </figure> </p> <h2 class="heading" id="一些云彩"> 一些云彩 <a class="anchor" href="#%e4%b8%80%e4%ba%9b%e4%ba%91%e5%bd%a9">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/11.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/12.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/13.jpg" > </div> </figure> </p> <h2 class="heading" id="湖南的山水"> 湖南的山水 <a class="anchor" href="#%e6%b9%96%e5%8d%97%e7%9a%84%e5%b1%b1%e6%b0%b4">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/5.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/6.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/15.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/16.jpg" > </div> </figure> </p> <h2 class="heading" id="花"> 花 <a class="anchor" href="#%e8%8a%b1">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2025/4.jpg" > </div> </figure> </p> /photography/2023-2024-padova-venice-and-china/ Mon, 11 Nov 2024 00:00:00 +0000 /photography/2023-2024-padova-venice-and-china/ <h2 class="heading" id="sunsets-in-venice"> Sunsets in Venice <a class="anchor" href="#sunsets-in-venice">#</a> </h2> <p>Took at the department of Economics of University of Venice <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/DSC0555.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/DSC0556.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/DSC0557.jpg" > </div> </figure> </p> <h2 class="heading" id="my-university-la-complutense"> MY University (la Complutense) <a class="anchor" href="#my-university-la-complutense">#</a> </h2> <p>I went back to the unviersy to have my PhD thesis desertation <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/1.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/2.JPG" > </div> </figure> </p> <p>And also some memories of my time in Spain <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/3.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/4.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/5.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/6.JPG" > </div> </figure> </p> <p>The Tapas! <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/9.JPG" > </div> </figure> </p> <h2 class="heading" id="memories-berlin"> Memories Berlin <a class="anchor" href="#memories-berlin">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/germany.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/germany1.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/germany2.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/germany3.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/germany4.JPG" > </div> </figure> </p> <h2 class="heading" id="memories-in-switzerland"> Memories in Switzerland <a class="anchor" href="#memories-in-switzerland">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/30.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/31.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/32.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/33.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2024/34.JPG" > </div> </figure> </p> /photography/2022-2023-padova/ Thu, 23 Nov 2023 00:00:00 +0000 /photography/2022-2023-padova/ <h2 class="heading" id="heart-shaped-cloud"> Heart-shaped Cloud <a class="anchor" href="#heart-shaped-cloud">#</a> </h2> <p>Took at the department of Statistic of university of Pavoda. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/MG_3811.JPG" > </div> </figure> </p> <h2 class="heading" id="cyberpunk-2022"> Cyberpunk 2022 <a class="anchor" href="#cyberpunk-2022">#</a> </h2> <p>People are having fun at a local festival in Padova. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/IMG_2542.JPG" > </div> </figure> </p> <h2 class="heading" id="color-of-dusk"> Color of Dusk <a class="anchor" href="#color-of-dusk">#</a> </h2> <p>Some collections of dusk sence. The first one is took at the Monselice. Others were taken in Pavoda. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/DSC04419.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/DSC04350-1.jpg" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/IMG_3249.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/IMG_3250.JPG" > </div> </figure> </p> <h2 class="heading" id="new-year-wizard"> New Year Wizard! <a class="anchor" href="#new-year-wizard">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/DSC04574-3.jpg" > </div> </figure> </p> <h2 class="heading" id="a-peek-of-autumn"> A Peek of Autumn <a class="anchor" href="#a-peek-of-autumn">#</a> </h2> <p>In autumn colors are so mixed. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2023/IMG_3162.JPG" > </div> </figure> </p> /photography/2022-madrid/ Sun, 23 Jan 2022 00:00:00 +0000 /photography/2022-madrid/ <h2 class="heading" id="the-moon"> The Moon <a class="anchor" href="#the-moon">#</a> </h2> <p>Took in January when the night sky was crystal clear. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/DSC02856-1.jpg" > </div> </figure> </p> <h2 class="heading" id="spring-in-madrid"> Spring in Madrid <a class="anchor" href="#spring-in-madrid">#</a> </h2> <p>Madrid is full of flowers when in Spring. This year we didn&rsquo;t have snows <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/DSC0E2973.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/IMG_0515.JPG" > </div> </figure> </p> <h2 class="heading" id="city-hidden-in-flowers"> City Hidden in Flowers <a class="anchor" href="#city-hidden-in-flowers">#</a> </h2> <p> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/IMG_0509.JPG" > </div> </figure> </p> <h2 class="heading" id="kids-and-dogs"> Kids and Dogs <a class="anchor" href="#kids-and-dogs">#</a> </h2> <p>They are so energetic that reminds me of the days when I was young. <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/CLNH7623.JPG" > </div> </figure> <figure class=""> <div class="img-container" > <img loading="lazy" alt="Aaron Swartz" src="https://github.com/ag52318jp/markdown_photos/raw/main/2022/DSC0E2984.JPG" > </div> </figure> </p> /photography/2021-madrid/ Fri, 12 Nov 2021 00:00:00 +0000 /photography/2021-madrid/ Highlights for 2021 /about/ Mon, 01 Jan 0001 00:00:00 +0000 /about/ <div style="display: flex; gap: 10px; align-items: center; flex-wrap: wrap; margin-bottom: 20px;"> <div style="flex: 1; min-width: 250px; text-align: center;"> <img src="/personal2.jpg" alt="Profile Photo" style="width: 220px; height: auto; border-radius: 8px; object-fit: cover;"> </div> <div style="flex: 2; min-width: 300px;"> <p>I am currently an Assistant Professor at the Business School of Central South University. My research focuses on empirical asset pricing and risk management across different markets.</p> <p>Language: Chinese (native), English (C2), and Spanish (C1).<br>Email: jerry-yang [at] hotmail [dot] com</p> </div> </div> <h2 class="heading" id="research-interests"> Research Interests <a class="anchor" href="#research-interests">#</a> </h2> <p>Empirical Asset Pricing, Risk Management, Fintech, Sustainable Finance and Time Series Analysis.</p> /research/ Mon, 01 Jan 0001 00:00:00 +0000 /research/ <h2 class="heading" id="publications"> <span style="display: inline-block; padding: 15px 7.5px; background-color: lightblue; animation: blink 1s infinite;"> </span> Publications <a class="anchor" href="#publications">#</a> </h2> <style> @keyframes blink { 50% { opacity: 0.3; } } </style> <p><a href="https://doi.org/10.1080/14697688.2025.2492794">The Non-Linear ESG Premium</a> <br> Runfeng Yang, Juan-Ángel Jiménez-Martín and Massimiliano Caporin<br> <strong>Quantitative Finance</strong>, July 2025, Pages 1–24</p> <p><a href="https://www.tandfonline.com/doi/full/10.1080/14697688.2024.2349016?scroll=top&amp;needAccess=true">ESG Risk Exposure: A Tale of Two Tails</a><br> Runfeng Yang, Massimiliano Caporin and Juan-Ángel Jiménez-Martín<br> <strong>Quantitative Finance</strong>, June 2024, Pages 1–23</p> <p><a href="https://doi.org/10.1093/rof/rfad026">Measuring Climate Transition Risk Spillovers</a><br> Runfeng Yang, Massimiliano Caporin and Juan-Ángel Jiménez-Martín<br> <strong>Review of Finance</strong>, Volume 28, Issue 2, March 2024, Pages 447–481</p>