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Hwan-Chyang Lin
Dr. Lin is Professor of Economics and Professor of Mathematical Finance at the Belk College of Business. His research interests lie at the intersection of technological innovation, economic growth, international trade, and computational economics. He is a trailblazer in some areas of economic research. His research introduces Forward-rate Target Zones designed to stabilize foreign exchange rates and has been recognized with a Best Paper Award at the Belk College of Business.
He pioneers research into pro-innovation mechanisms that beat patent systems using dynamic general-equilibrium growth models. He has demonstrated that his novel design to incentivize innovation — coined “Innovation-backed Amortizing Securities” — can be a Pareto-efficient alternative to patents. This novel design can replace medical patents to resolve social problems with hefty drug prices.
His research also introduces novel methods for numerically solving macroeconomic dynamics driven by functional differential equations (FDEs). This contribution resolves a critical computational problem that has bothered economists for decades.
Dr. Lin is a seasoned expert in solving general-equilibrium macro-dynamical systems numerically. He enjoys programming in Python, C/C++, and Fortran.