"The more you know, the more you realize how little you know."
Warm Greetings! My name is Maggie (Rong) HU and I'm currently an Assistant Professor of Real Estate and Finance at Baruch College, City University of New York.
My main research interests include real estate finance and economics, fintech, banking and empirical corporate finance. My research papers have been presented at several international finance and real estate conferences, and published in leading journals such as American Economics Review, Journal of Financial and Quantitative Analysis, Management Science, Information Systems Research, Review of Finance, and Real Estate Economics.
A PDF copy of my CV can be downloaded here: Maggie_HU_CV.pdf
EDUCATION
PhD in Finance, National University of Singapore
Bachelor of Engineering with Honors, National University of Singapore
RESEARCH INTERESTS
Real Estate Economics and Finance
Fintech and Banking
Empirical Corporate Finance
SELECTED PUBLICATIONS (*Corresponding Author, Financial Times FT50 Journals are in Blue)
Sumit Agarwal, Kwong Wing Chau, Maggie Hu and Wayne Xinwei Wan (2025) “Tobin Tax Policy, Housing Speculation, and Property Market Dynamics”, Accepted at Management Science
Maggie Hu*, Desmond Tsang and Wayne Xinwei Wan (2024 Oct), “Corporate Relocation and Housing Market Spillover”, forthcoming at Management Science
Zhiguo He, Maggie Hu, Zhenping Wang, and Vincent Yao (2024 Sep), “ Valuing Long-Term Property Rights with Anticipated Political Regime Shifts”, American Economic Review, volume 114 (9): 2701-47 (ProMarket Link)
Maggie Hu, Xiaoyang Li, Yang Shi, and Michael Zhang (2023) “Numerological Heuristics and Credit Risk in P2P Lending”, Information Systems Research, volume 34(4):1744-1760
Yi Fan, Maggie Hu*, Wayne Xinwei Wan and Zhenping Wang (2023), “A Tale of Two Cities: Mainland Chinese Buyers in Hong Kong Housing Market”, Review of Finance, volume 27 (6): 2205–2232
Quan Gan, Maggie Hu* and Wayne Xinwei Wan (2022), “Contract Rescission in Real Estate Presale Market”, Real Estate Economics, volume 50(4), pages 1054-1106
Sumit Agarwal, Maggie Hu*, and Adrian Lee (2022) “Street Name Fluency and Housing Prices”, Journal of Real Estate Finance and Economics, 65, pages 181–229
Wen He, Maggie Hu*, Lin Mi, and Jin Yu (2021) “How Stable are Corporate Capital Structures? International Evidence”, Journal of Banking and Finance, volume 126
Yongheng Deng, Maggie Hu*, and Adrian Lee (2021) “Melting Pot or Salad bowl: Culture Distance and Housing Investments”, Real Estate Economics, volume 49 (S1), pages 235-267
Maggie Hu* and Adrian Lee (2020) “Outshine to Outbid: Weather-Induced Mood and the Housing Market”, Management Science, 2020, volume 66(3), pages 1440-1472
Yuanli Fang, Maggie Hu, and Qingsen Yang (2018) “Do executives benefit from shareholder disputes? Evidence from multiple large shareholders in Chinese listed firms”, Journal of Corporate Finance, volume 51, pages 275–315
Yongheng Deng, Maggie Hu*, and Anand Srinivasan (2017) “Information Asymmetry and Organizational Structure: Evidence from REITs”, Journal of Real Estate Finance and Economics, volume 55(1), pages 32–64
Wen He and Maggie Hu* (2016) “Religion and Bank Loan Terms”, Journal of Banking and Finance, volume 64, pages 205-215
Xudong An, Yongheng Deng, Jeffrey D. Fisher, and Maggie Hu (2016) “Commercial Real Estate Rental Index: A Dynamic Panel Data Model Estimation”, Real Estate Economics, volume 44(2), pages 378-410
Wen He and Maggie Hu (2014) “Aggregate Earnings and Market Returns: International Evidence”, Journal of Financial and Quantitative Analysis, volume 49(4), pages 879-901
SELETCTED WORKING PAPERS
Maggie Hu, Adrian Lee and Talis Putnin, “Evading Capital Controls via Cryptocurrencies: Evidence from the Blockchain”, Revise and Resubmit at Journal of Financial and Quantitative Analysis
China Fintech Research Conference (CFRC), PBC School of Finance, 2022 Jul
AsianFA Conference, 2022 Jun
The Economics of Financial Technology Conference, University of Edinburgh, 2022 May
Best Paper Award (Global Finance Track) at the 35th Annual Conference of the Academy of Finance, 2022 Mar
Annual Conference in Digital Economics (ACDE), 2022 Jan
The 3rd University of Western Australia Blockchain and Cryptocurrency Conference 2020, Virtual
Hong Hong, Maggie Hu, Yingxin Lin, and Michael Zhang, "Gender Difference in Conformity to Social Influence: Evidence from Review Behavior", Revise and Resubmit at Management Information Systems Quarterly
Maggie Hu, Cheng Jiang, Kose John, and Ming Ju, “Fiduciary Duty of Loyalty and Corporate Culture”, Revise and Resubmit at Review of Corporate Finance Studies
Featured on Columbia Law School Blue Sky Blog and Oxford Business Law Blog
Financial Management Association Conference (FMA) 2023
Sumit Agarwal, Maggie Hu and Adrian Lee, “Market Impacts and Unintended Consequences of Housing Assistance Policies with Price Threshold”, Reject and Resubmit at Journal of Banking and Finance
AsianFA Conference, 2022 Jun
35th Annual Conference of the Academy of Finance, 2022 Mar
American Real Estate and Urban Economics Association (AREUEA) Conference, 2022 Jan
Jinan-SMU-ABFER Conference on Urban and Regional Economics, 2021 Dec
The 15th North American Meeting of the Urban Economics Association, 2021 Oct
AREUEA International Conference 2021 July, Singapore
Urban Economic Association Virtual Conference, 2020 Oct 15-17, Virtual
The 12th ReCapNet Conference Virtual, 2020
Maggie Hu, Weida Kuang, Xiaoyang Li and Yang Shi, “Is the More Always the Merrier? Buyers’ Onsite Viewing Activities and Housing Search Outcomes”, Revise and Resubmit at Journal of Banking and Finance
RES-GCREC Joint International Real Estate Conference, Hong Kong, 2023 Jul
AREUEA-ASSA Conference, New Orleans, 2023 Jan
FMA Asia Pacific Conference, Melbourne, 2022 Dec
AsRES-AREUEA Joint Conference, Tokyo, Japan, 2022 August
Jinan-SMU-ABFER Conference on Urban and Regional Economics, 2021 Dec
AREUEA International Conference 2021 July, Singapore
Asian Finance Association 2021 Annual Meeting, Shandong
Maggie Hu, Wayne Xinwei Wan, and Ke Xu, “Cross-market Spillovers of Real Estate Speculation”, Revise and Resubmit at Real Estate Economics
18th North American Urban Economics Association (UEA) Meeting, Washington DC, 2024 Sep
AREUEA-ASSA Conference, New Orleans, 2023 Jan
Ziyang Chen, Maggie Hu, Ginger Jin, Qiyao Zhou, "Haste or Waste? The Role of Presale in Residential Housing"
North American Meeting of the Urban Economics Association (UEA), 2024 Sep, Washington DC
Seminar at National University of Singapore, 2024 Aug, Singapore
China Financial Research Conference (CFRC), 2024 Jul, Beijing
Chinese Economist Society (CES) Conference, 2024 Jul, Hangzhou
Asian Finance Association Annual Conference, 2024 Jun, Macau
Urban Economics Association Conference (UEA), 2024 Jun, Copenhagen
The 22nd Annual International Industrial Organization Conference (OOIC), 2024 May, Boston
Seminar at Carnegie Mellon University, 2024 March
The 8th Urbanization and Poverty Reduction Research Conference, 2024 Mar, Washington DC
Jinan-SMU Conference on Urban and Regional Economics, 2023 Dec
Digital Finance Workshop, Peking University, 2023 Nov, Virtual
Maggie Hu, Lin Peng and Yiyi Zhao, "Weathering the Storm: The Impact of Natural Disasters on Household Financial Decisions and the Role of Government Safety Nets"
Faculty Research Symposium, Baruch College, 2025 march
Seminar at Baruch College, 2025 Feb
China International Conference in Finance (CICF), 2024 Jul, Beijing
ESG Workshop at Tianjin University, 2024 Jul
Seminar at Southwestern University of Finance and Economics, 2024 May
Jiayin Hu, Maggie Hu, Shangchen Li, Yingguang Zhang, and Zheng Zhang, “Horizon Risk in Renting: Evidence from a PropTech Rental Platform”
Seminar at IESR, Jinan University, 2023 Nov
European Meeting of the Urban Economics Association (UEA) Conference, 2023 May
Seminar at Penn State University, 2023 Apr
SMU-Jinan Conference on Urban and Regional Economics, 2022 Dec
China International Conference in Finance (CICF), 2022 Jul