Talk:Lin Chen

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Is "Prof. Chen" really a professor? He did not invent the first three factor model of the term structure of interest rates. The article lists no peer-reviewed publications. Why is it remarkable that Chen's out-of-print work was mentioned is some secondary surveys of the literature?! —Preceding unsigned comment added by 71.191.103.186 (talk) 16:24, 12 September 2007 (UTC)


As a former student of Prfessor Lin Chen and a researcher in term structure modeling, I‘d offer a brief answer to your questions. 1) The journal, Financial Markets, Institutions and Instruments, where Dr Chen‘s entire dissertation was published, is a peer-reviewed journal. It is mentioned in the journal’s cover page. You may also want to check the past issues of the journal to see who the authors are. You will find that most authors are well-established scholars, including several past presidents of American Finance Association. 2) Chen model is indeed the first three-factor model of the term structure. Sometimes, I heard some people mentioned the model by three NYU professors as the first three-factor model. Actually, it is published later than Chen model. In addition, it is worthwhile to point out that Chen model is technically more challenging and practically more useful than any other multi factor models. 3) I believe that it is truly remarkable to be mentioned by Sunderasan’s centennial review article on finance. Personally, I know few people were mentioned and those who were are all distinguished scholars. In my department, presumly the number one department of finance in Asia, only Professor K C Chan was mentioned. He was former chairman of the department, dean of the school and candidate for president of the university. —Preceding unsigned comment added by Hkusts (talkcontribs) 06:19, 15 October 2007 (UTC)

I think you guys should leave this article alone. If you are unfamiliar with Dr. Chen and his areas of expertise, you should read the article again carefully and go over all the references and citations. Once you have done so,I think, you will no longer have any adoubt about its significance. —Preceding unsigned comment added by Hkusts (talkcontribs) 10:32, 11 December 2007 (UTC)