Cathy Ning

Curriculum Vitae (external link, opens in new window) 

Teaching Fields 
Econometrics, Financial Econometrics 

Selected Publications

Ning, C., “Are the stylized features of stock returns the same in market downturns and upturns?” (with B. Cheng, W. Huang, and D.  Xu), Journal of Empirical Finance, 87, 2026

Ning, C., “Safe haven currencies: A dependence switching copula approach” (with Leo Michelis and Jeremey Ponrajah), Finance Research Letters Vol. 86, 2025.

Ning, C., "Extreme comovements and downside/upside risk spillovers between oil prices and exchange rates" (with Dinghai Xu), Macroeconomic Dynamics Vol. 29 e53, 1-20, 2024.

Ning, C., “Stock–bond dependence and flight to/from quality” (with J. Ponrajah), International Review of Financial Analysis, 86, 2023.

Ning, C., “A new Markov regime-switching count time series approach for forecasting initial public offering volumes and detecting issue cycles” (with X. Wang), Journal of Forecasting, 1-16, 2021.

Ning, C., “Is volatility clustering of asset returns asymmetric?” (with D. Xu and T. Wirjanto), Journal of Banking and Finance, 52, 62-76, 2015.

Ning, C., “Dependence structure between the equity market and the foreign exchange market--A copula approach”, Journal of International Money and Finance, 29(5), 743-759, 2010.

Ning, C., “The dependence structure between the Canadian stock market and the US/Canada exchange rate: A copula approach” (with L. Michelis), Canadian Journal of Economics, 43(3), 1016-1039, 2010.

Ning, C., “Extreme return-volume dependence in East-Asian stock markets: A copula approach” (with T. Wirjanto), Finance Research Letters, 6, 202-209, 2009.

Ning, C.,“Modeling leverage effect with copulas and realized volatility” (with D. Xu and T. Wirjanto), Finance Research Letters, 5, 221-227, 2008.

Ning, C.,"Estimation of the stochastic conditional duration model via alternative methods -- ECF and GMM" (with J. Knight), The Econometrics Journal, 11(3), 2008.

Research Grants 

SSHRC Standard Research Grant, "Dependence in financial markets", 2011-2013, $21,805.

SSHRC Research Workshops/Conference Grant, "The econometrics of socioeconomic interactions", 2011-2013, $20,727.