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UTSA College of Business

Don Lien Don Lien, Ph.D.
Richard S. Liu Distinguished Chair in Business
Department of Economics / Department of Finance

Ph.D. California Institute of Technology


Dr. Lien is a world-renowned researcher who has published more than 250 papers in academic journals in the fields of economics, finance and statistics. He earned his Ph.D. from the California Institute of Technology. Dr. Lien is currently the Richard S. Liu Distinguished Chair in Business at UTSA.

Dr. Lien’s primary field of interest is in the futures market with supporting areas in econometrics and development economics. He has served as a reviewer for more than 50 academic journals and has twice received the President’s Distinguished Achievement Award in Research from UTSA. His teaching honors include the Kemper Fellowship for Teaching Excellence and the Excellence in Teaching Award from the University of Kansas.

Selected Publications
“A Linear Model Test of Sufficiency for Non-orthogonality of Matrices,” Advances and Applications in Statistics, Vol. 22, No. 2, June 2011, pp. 119–127.

“Democracy, Foreign Direct Investment and Natural Resources,” Journal of International Economics, Vol. 84, 2011, pp. 99–111.

“A Note on the Relationship Between the Variability of the Hedge Ratio and Hedging Performance,” Journal of Futures Markets, Vol. 30, 2010, pp. 1100–1104.

“An Income Tax Withholding Model-Pervasiveness of Overpayment,” Journal of Public Budgeting, Accounting, & Financial Management, Vol. 22, 2010, pp. 325–342.

“Hedging Mismatched Currencies with Options and Futures,” in Risk Management, Nova Science Publishers, 2010.

“Statistical Methods in Inventory Effect and Analysis,” in Methods and Applications of Statistics in Business, Finance and Management Science, John Wiley & Sons Inc., 2010.

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