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An Economics Undergrad Published in Top Journal

Wang Xiao has become the first undergraduate student of Department of Finances, School of Economics to publish a research paper. His extraordinary paper, supervised by Prof. Zhang Chuanguo, and titled “The impacts of global oil price shocks on China's fundamental industries,” was issued in Energy Policy, one of the best international journals in the world, cited by both SCI and SSCI with a high impact factor of 3.382.
In this paper, Wang Xiao describes the extreme price movements, called jumps, existing in the oil markets and how jump behavior has affected China׳s commodity markets. The result suggests that asymmetric effects of oil price shocks do exist in four fundamental industries: grains, metals, petrochemicals and oil fats, and the negative oil price shocks have stronger influences on the four markets in China.
Wang Xiao attributes his success to the ferment of ideas in the School of Economics. The School has introduced reforms, for example, launching a faculty exchange program of scholars from universities in Europe, America and Australia, while organizing a series of high-level international conferences. In these demanding, fascinating and fruitful circumstances, he worked hard. His interest in economics grew sharper and sharper. His keen interest in economics drove him to improve his research capacity; he chose to study econometrics and statistics in greater depth and to he developed the habit of reading research journals written in English in addition to his regular curriculum.