Zichao Yang (杨子超)

Associate Professor (Without Tenure), Wenlan School of Business, ZUEL
E-Mail: [email protected]
My CV: download

Current Research Interests

Cryptocurrencies, CBDC, Macroeconomics, Machine Learning, NLP

Working Papers

  1. Agree to Disagree: Measuring Hidden Dissents in FOMC Meetings (August 2023, with Kwok Ping Tsang)
  2. The Impact of Stay-at-Home Orders on US Output: A Network Perspective (April 2020, with Shaowen Luo and Kwok Ping Tsang)


  1. Do Connections Pay Off in the Bitcoin Market?, Tsang, K.P. & Yang, Z. (2022) , Journal of Empirical Finance
  2. The Market For Bitcoin Transactions, Tsang, K.P. & Yang, Z. (2021) , Journal of International Financial Markets, Institutions and Money
  3. Price Dispersion in Bitcoin Exchanges, Tsang, K.P. & Yang, Z. (2020) , Economics Letters

Selected Works in Progress

  1. Deanonymize Bitcoin Transactions, with Kwok Ping Tsang
  2. Intellectual Property High Court and Intellectual Property Protection in China, with Qian Wan


Instructor, ZUEL
Undergrad Course
Machine Learning in Finance (Spring, 2024)
Introduction to the Digital Economy (Spring, 2024, Co-Instructor)
Financial Markets (Fall 2022, 2023)

Grad Courses
Machine Learning in Economics (Fall, 2023)
International Finance (Fall 2022, 2023)
Frontier of Technology and Economics II (Spring 2022)

Workshop Session
Blockchain Technology and Its Impact on the Global Economy (Spring 2023)

Instructor, VT
ECON2006 Principles of Macroeconomics (Fall 2020, Winter 2020)
ECON2005 Principles of Microeconomics (Spring 2020)