Narat  Charupat
 
Education
Ph.D., York University, Toronto, Canada, Finance, 1997
M.B.A., Drexel University, Philadelphia, United States, Administration (M.B.A.), 1989
B.Acc., Thammasat University, Thailand, 1985
Work Experience
2005-Present Professor of Finance and Business Economic, and Director of Master of Finance, DeGroote School of Business, McMaster University, Hamilton, Canada
1998-2005 Assistant Professor, DeGroote School of Business, McMaster University, Hamilton, Canada
1997-1998 Financial Engineer, Client Services Department, Algorithmics, Inc., Toronto, Canada
1990-1991 Lending Officer, Lending Division, Thai Investment and Securities Co., Ltd., Thailand
1989-1990 Financial Analyst, Healthcare Management Association, Philadelphia, United States
1985-1987 Financial Analyst, Merchant Banking Division, Bangkok Bank Ltd, Thailand
Publications
Articles
2015 Charupat N., Kamstra M.J. & Milevsky M.A. (2015). The Sluggish and Asymmetric Reaction of Life Annuity Prices to Changes in Interest Rates. Journal of Risk and Insurance, 83(3), 519–555
2014 N. Charupat & P. Miu (2014). A New Method to Measure the Performance of Leveraged Exchange-Traded Funds. The Financial Review, Vo. 49, No. 4.
2013 Charupat, N. & Miu, P. (2013). Recent developments in exchange?traded fund literature: Pricing efficiency, tracking ability, and effects on underlying securities. Managerial Finance, 39(5), 427-443.
2013 N. Charupat & P. Miu (2013). THE PRICING EFFICIENCY OF LEVERAGED EXCHANGE-TRADED FUNDS: EVIDENCE FROM THE U.S. MARKETS. Journal of Financial Research, 36(2), 253–278.
2011 N. Charupat & P. Miu (2011). The pricing and performance of leveraged exchange-traded funds. Journal of Banking & Finance, 35(4), 966–977.
2006 L. F. Ackert, N. Charupat, B. K. Church and R. Deaves (2006). Margin, Short Selling and Lotteries in Experimental Asset Markets, Southern Economic Journal October 2006, 419-436
2006 L. F. Ackert, N. Charupat, B. K. Church and R. Deaves (2006). An Experimental Examination of the House Money Effect in a Multi-Period Setting, Experimental Economics April 2006, 5-16
2006 N. Charupat, The Effects of Derivative Trading on the Underlying Markets: Evidence from the Canadian Instalment Receipts Trading, International Review of Economics and Finance 2006, 15(3): 276-293
2006 N. Charupat (2006). The Effects of Derivative Trading on the Underlying Markets: Evidence from the Canadian Instalment Receipts Trading, International Review of Economics and Finance, 15(3), 276-293
2005 N. Charupat, R. Deaves and E. (2005). Leaders, Knowledge and Knowledge Perception, Journal of Personal Finance 2005, 4(2), 50-61
2004 N. Charupat and E. Z. Prisman (2004). An Essay on Financial Innovations: The Case of Instalment Receipts, Journal of Banking and Finance January 2004, 129-156
2004 N. Charupat and R. Deaves (2003). How Behavioral Finance Can Assist Financial Professionals, Journal of Personal Finance 2004, 3(3), 41-52
2003 N. Charupat and R. Deaves (2003). Backwardation in energy futures markets: Metallgesellschaft revisited, Energy Studies Review Fall 2003, 1-26
2002 N. Charupat and M. A. Milevsky (2002). Optimal Asset Allocation in Life Annuities: A Note, Insurance: Mathematics and Economics, April 2002, 199-209
2001 N. Charupat and M. A. Milevsky (2001). Mortality Swaps and Tax Arbitrage in the Insurance and Annuity Markets, Journal of Risk and Insurance, June 2001, 277-302
1997 N. Charupat and E. Z. Prisman (1997). Financial Innovations and Arbitrage Pricing in Economies with Frictions: Revisited, Journal of Economic Theory, June 1997, 435-447
Books
2012 Narat Charupat, N., Huang, H. & Milevsky, M.A. (2012). Strategic Financial Planning over the Lifecycle: A Conceptual Approach to Personal Risk Management. Cambridge University Press. ISBN: 0521764564
Services to Thammasat Business School
Teaching
Masters:
MIF: MF650 Financial Engineering I:Derivative Pricing
Other Services
MIF Qualifying Examination Committee (Appointment no. 380/2558)