Kyushu University Academic Staff Educational and Research Activities Database
List of Papers
CHU Meifen Last modified date:2022.06.17

Lecturer / Economic Systems / Department of Industrial and Business System / Faculty of Economics

1. Meifen Chu Guangyuan Zhou Wenfeng Wu (2022), Data Envelopment Analysis on Relative Efficiency Assessment and Improvement: Evidence from Chinese Bank Branches(査読つき), Eurasian Studies in Business and Economics (Springer), EBES, vol.21, pp.159-178. (First Online: 29 March 2022, Accepted 17 July 2021), 2022.03, By creating credits commercial banks contribute to the national economy and their branches are the catalysts of depositing, lending and other associated activities. To comprehend the efficiency of commercial banks their branches must be brought under the microscope. The purpose of this paper is to analyze the comparative efficiency of the bank branches from a micro point of view by introducing environmental changes. Firstly, we utilize Data Envelopment Analysis (DEA) to micro-analyze 18 bank branches of a Chinese commercial bank. Secondly, we decompose the effectiveness into efficiency and productivity to estimate the bank branches’ relative efficiency and productivity. To add, we also examine overall productivity along with average efficiency that assists in understanding each staff’s performance; this is a rarely investigated territory. Thirdly, we employ operating environment factors—a novel approach—with three dimensions (business conditions, competitiveness and future development) to further detect and rank bank-branches efficiency. We found that some branches performed efficiently (inefficiently) even in lower (higher) external environments; hence, locations and individual performance are vital influencers of bank branches' efficiency. We recommend practical measures to improve the efficiency of inefficient branches in the areas of expense, revenue, and management; this will be beneficial for any commercial bank’s policy-making efforts..
2. Meifen Chu (2021), Bitcoin and traditional currencies during the Covid-19 pandemic period, MPRA, 2021.10, The objective of this study is to examine the movement of Bitcoin and the traditional currencies (USD, EURO, GBP and CNY) and the Bitcoin’s hedging of the traditional currencies. First, this paper observes the Bitcoin and four traditional currency exchange series: the USD, EURO, GBP and CNY. Second, it examines the fluctuation patterns of each series by using wavelet transform analysis, Third, a wavelet coherence analysis is applied to examine the interdependence between the Bitcoin and the four traditional currencies. The phase pattern analysis results indicate that the Bitcoin may not act as a hedging currency to replace the traditional currencies during the Covid-19 crisis. Another interesting result shows the rapid increasing number of the World Covid-19 Deaths (CovidDeaths) may not be the critical reason for the hyper price of the Bitcoin. The massive quantitative easing (QE) may be considered as the key reason for the soar-up of the Bitcoin price..
, EURASIAN JOURNAL OF SOCIAL SCIENCES, DOI: 10.15604/ejss.2020.08.03.004, 8(3), 2020,, 123-133, 2020.10, The objective of this study is to examine the characteristics of the Euro exchange rate and its co- movement with four main currencies (the AUD, POUND, YEN, and RMB). After the Euro was adopted as an official currency in EU area, it grew rapidly and became the second most-traded currency in the world. The increasing importance of the Euro drew much attention from researchers and policymakers. This paper employs the wavelet analysis, which has become popular and recently is applied in various fields, such as medical science, radio science and social science. First, this paper observes five currency exchange series: the EURO, AUD, POUND, YEN and RMB. Next, using wavelet analysis, it examines the characteristics of each series. Then, a wavelet coherence analysis is used to examine the interdependence between the EURO and the other four currencies. The results indicate that the Euro displays a greater interdependence with the AUD and POUND, while it has lesser correlations with the YEN and RMB. This implies the Euro co-moves with the American and European exchange markets while it is less related with the Asian counterpart. It is interesting to note that the Yen led the Euro during the global financial crisis. Further, the Euro has interdependence with the four exchange rates at shorter periodicities during the crisis periods and is correlated with the four at long periodicities in the long run..
4. Meifen Chu(2018), Multifractal Characteristics of the Euro Exchange Rate, Journal of Political Economy, Vol. 85, No. 4, p107-p117, Society of Political Economy, Kyushu University, Journal of Political Economy, 85, 4, 107-117, open access, 2018.12.
5. Meifen Chu(2017), A Nonlinear Analysis on the Euro Exchange Rate Using MF-DFA, Journal of Political Economy, Vol. 84, No. 2 ・3, p45-p57, 2017.09.
6. Meifen Chu(2017), "Comparing Chinese and Japanese Stock Markets Using Hurst's Exponent Analysis", Entrepreneurship, Organizational Change and Employment Management, p388-p398, Nanjing University Press, 査読付き, 388-398, 2017.06.
7. Meifen Chu(2017), "A Comparative Analysis of Vietnamese and Chinese Stock Market Using Hurst Exponent Analysis", GSTF Journal of Business Review, Vol. 5, No.1, p 38-45, 査読付き, 2017.04.
8. Meifen Chu(2016), "A Comparative Study of Vietnam and China Stock Market", The 6th Annual International Conference on Qualitative and Quantitative Economics Research (QQE 2016), Proceeding, 査読付き, 2016.05.
9. Nonlinear Time Series Analysis of Vietnam Stock Market.
10. Meifen Chu(2015), "Nonlinear Time Series Analysis of Vietnam stock market", 『アジアにおける成長と外部環境変化に係るリスクに関する調査』, p183-193, 2015.03.
11. Meifen Chu(2014), "Multifractal analysis on Chinese and Japanese stock market", Proceedings of the Joint Conference by Nanjing University and Renmin University, p1-17, 2014.06.
12. Meifen Chu(2012), “Analysis of Nonlinear Characteristics on the Shanghai Stock Market”, Journal of Political Economy, 2012.03.
13. 儲梅芬(2012), Kangrong Tan, Meifen Chu(2012), “Estimation of Portfolio Return and Value at Risk Using a Class of Gaussian Mixture Distributions”, The International Journal of Business and Finance Research, Vol. 6, No. 1, p97 – 107, 査読つき, 2012.01.
14. Meifen Chu(2011), "Nonlinear Time Series Analysis of China Stock Market", Enterprise Management in a Transitional Economy and Post Financial Crisis, p299‐309, Nanjing University Press, June 2011 , 2011.06.
15. Kangrong Tan, Meifen Chu and Shozo Tokinaga(2011), “Identifying a Non-normal Evolving Stochastic Process Based upon the Genetic Methods”, p168-178, Lecture Notes in Computer Science, Springer-Verlag Berlin, Heidelberg, Volume 7027/2011, 168-178, 2011 査読つき, 2011.05.
16. Kangrong Tan, Meifen Chu, Shozo Tokinaga(2010), “Prediction of the Changes of Stocks Prices based upon a Bayesian Network”, 信学技報, vol. 110, no. 255, NLP2010-97, 査読なし,pp. 91-94, 2010年10月, 電子情報通信学会技術研究報告. NLP, 非線形問題 110(255), 91-94, 2010-10-21, 2010.10.
17. 儲梅芬(2007), 「ウェーブレット変換による人工株式時系列のマルチフラクタル性分析とそのエージェント行動分析への応用」,九州経済学会『九州経済学会年報第45集』,121-127頁, 2007.12.