Department of Finance, LSE
Research Interests: Asset Pricing, Behavioral Economics, Behavioral Finance, Household Finance
Click here for a recent CV.
We are organizing meetings for London-based students and faculty members to regularly meet up and discuss research on behavioral economics and finance. Check here for more information.
"Investor Memory and Biased Beliefs: Evidence from the Field," with Zhengyang Jiang, Hongqi Liu, and Hongjun Yan
"Reaching for Yield: Evidence from Households," with Francisco Gomes, Oksana Smirnova, and Ning Zhu
"The Inference-Forecast Gap in Belief Updating," with Tony Fan and Yucheng Liang (Experimental Instructions)
"The Gender Gap in Household Bargaining Power: A Portfolio-Choice Approach," with Ran Gu and Weilong Zhang
"Factor Demand and Factor Returns," with Chen Wang
CFAM-ARX Paper Award, Finance Down Under Conference, 2022
"Trading Under the Law of Small Numbers," with Lawrence Jin
Papers under Revision
"Personality Differences and Investment Decision-Making," with Zhengyang Jiang and Hongjun Yan
Revise and Resubmit, Journal of Financial Economics
"Taming the Bias Zoo," with Hongqi Liu, Wei A. Xiong, and Wei Xiong (2022), Journal of Financial Economics 143, 716–741.
CFRC Best Paper Award, 2021
Click here for an excellent article by Alex Chinco on how surveys can be used to differentiate multiple explanations targeted at the same anomaly
"Extrapolative Bubbles and Trading Volume," with Jingchi Liao and Ning Zhu (2022), Review of Financial Studies 35, 1682–1722.
"Asset Complexity and the Return Gap," with Paul Gao, Allen Hu, Peter Kelly, and Ning Zhu (2022), Conditionally Accepted, Review of Finance.