Empirical and Theoretical Asset Pricing, Macro-finance, Firm Dynamics
Ph.D., the University of Hong Kong, 2018
Division of Accounting and Finance
Alliance Manchester Business School
University of Manchester
The Pollution Premium, with Po-Hsuan Hsu and Kai Li, Journal of Finance, Volume78, Issue3 June 2023
Learning and the Capital Age Premium, with Kai Li and Chenjie Xu, Journal of Monetary Economics, Volume 136, May 2023
Learning and the Anatomy of the Profitability Premium, (Job Market Paper)
Conferences: RBFC 2022, EEA-ESEM 2021, SGF Conference 2021, NCTU International Finance Conference 2021, Macroeconometric Modelling Workshop 2020, and SFM 2020
Seminars: NCCU, HKUST, NTU, SHUFE, HKU, Academia Sinica, NTHU, NCTU, and NCU
Leasing as a Risk-Sharing Mechanism, with Kai Li, Revise and Resubmit at Review of Financial Studies
Conferences: AFA 2021, EFA 2020, SFS Calvacade NA 2020, FIRS 2020 (canceled), ABFER 2020 (canceled), The HKUST-Jinan Joint Macro Workshop, SHoF Conference on Financial Markets and Corporate Decisions 2019, WFA 2019, Finance Down Under 2019, CAPR Workshop on Investment- and Production-Based Asset Pricing, 2nd COAP Conference 2018, Wellington Finance Summit 2018, CEPR Meeting Gerzensee 2018, CICM 2018, and 1st World Symposium on Investment Research 2018
Seminars: HKUST, HKU, CUHK, Nankai University, CUHK Shenzhen, NUS, UNSW, ANU, SAIF, SHUFE, and University of Exeter
The Asset Durability Premium, with Dun Jia and Kai Li
Conferences: SJTU-UCL Macro-Finance Workshop, NCTU International Finance Conference 2020, MFA 2020, FMA 2020, AEA 2021, 2nd Frontiers of Factor Investing Conference, FIRS 2021, EEA-ESEM 2021, 2022 NASMES, 4th Warsaw Money-Macro-Finance Conference, Taiwan Economics Research 2024, EFA 2024, and AFA 2026 (Scheduled)
Seminars: HKUST, BI Norwegian, University of Amsterdam, Banque de France, University of Melbourne, and Academia Sinica
Financial Frictions and Pollution Abatement Over the Life Cycle of Firms, with Min Fang and Po-Hsuan Hsu
SGFlN Research Conference on Sustainability Best Paper Award 2024
Conferences: Climate Risks and Net-Zero Solutions Workshop, Financial Regulation – Going Green, 1st Annual Conference of the Banco Central do Brasil, 7th Annual Conference on Auctions, Competition, Regulation, and Public Policy, Navigating Uncertainty: Preparing Society for the Future, Commodity and Energy Markets Association (CEMA) Annual Meeting 2023, 2023 Tongji Finance Symposium, Taiwan Economics Research 2023, SITE 2023: New Frontiers in Asset Pricing, 10th Annual Corporate Finance Conference, Climate Change and Global Economy Workshop, Corporate Finance Days 2023, Leciester Sustainable Finance Workshop, FMA 2023, JAAF Symposium 2023, ENRI Conference, Finance Down Under 2024, SGFIN Annual Research Conference on Sustainability 2024, and WFA 2025
Seminars: University of Toronto, AMBS, Academia Sinica, National Taiwan University, NTPU, SHUFE, Baptist-NTU-NYUSH-Sinica-SMU Joint Macro/Finance Seminar, Lancaster University Management School, University of Bristol, BI Norwegian, University College Dublin, University of Iowa, University of Connecticut, Australian National University, Cambridge University, HKU, Sveriges Riksbank, Stockholm University, University of Strathclyde Glasgow, and University of Aberdeen
Media Coverage: The FinReg Blog by Duke Financial Economics Center
Conferences: 2023 SHUFE Macroeconomic and Finance Workshop, MFA 2024, Spring 2025 Labor and Finance Group Conference, CityU of Hong Kong International Finance Conference, WFA 2025, CICF, 5th Conference in Corporate Policies and Asset Prices, 2025 Annual Corporate Finance Conference, NFA 2025 (Scheduled), UT Dallas 2025 Fall Finance Conference (Scheduled), Melbourne Asset Pricing Meeting (Scheduled), SFS Cavalcade Asia-Pacific 2025 (Scheduled), and AEA 2026 (Scheduled)
Seminars: University of Toronto (Rotman School of Management), AMBS, NCCU, NTPU, Academia Sinica, Lancaster University Management School, University of Bristol, IMF, HKUST GZ, Monash University (Scheduled), Fudan University (Scheduled), CEIBS (Scheduled)
Call Back or Buy Back? A Liquidity Theory of Callable Bonds, with Murillo Campello, Min Fang, and Wentaou Zhou