Associate Professor of Finance

PBC School of Finance, Tsinghua University

Li AN (安砾) is currently an associate professor of finance at PBC School of Finance, Tsinghua University. She received her Ph.D in Economics from Columbia University in 2014.  

Her research interests primarily lie in the field of empirical asset pricing, behavioral finance, and household finance. One area of her research is to understand how investor behavior affects equilibrium price dynamics. Other themes include return anomalies, institutional investors, and social impact of financial markets. Her research has appeared in leading finance and economic journals, such as Journal of Finance, Review of Financial Studies, Journal of Monetary Economics, and Management Science.

Li’s research connects theory and practice and has been recognized by several academic and professional awards, including Crowell Memorial Prize by PanAgora Asset Management, Chicago Quantitative Alliance (CQA) Academic Competition, Masahiko Aoki Award for Economics Paper, etc.


PBC School of Finance, Tsinghua University

43 Chengfu Road, Haidian District

Beijing China, 100083

Phone: +86 (010) 6279-7840 (Office)


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