Senior Lecturer (Assistant Professor) in Finance
Department of Banking and Finance
Monash Business School, Monash University
Research Interests
Empirical Asset Pricing, Investment, Behavioral Finance, Financial Network, Household/Retail Investor Behavior, Machine learning application, Chinese Market
Publications
Nominal Prices, Retail Investor Participation and Return Momentum, Management Science, 72(3), March 2026, 2064-2089
(with Jun Du, Dashan Huang, Yu-Jane Liu, Avanidhar Subrahmanyam, and Huacheng Zhang)Does Time Heal All Wounds? Psychological Responses to Trauma and Financial Risk-Taking, Financial Review, 60(1), February 2025, 33-70
(with Chris Veld and Haiying Yin)Do Sell-Side Analysts Say “Buy” while Whispering “Sell”?, Review of Finance, 28(4), July 2024, 1275−1310
(with David Hirshleifer and Weili Wu)Do People Feel Less at Risk? Evidence from Disaster Experience, Journal of Financial Economics, 138 (8), December 2020, 866-888.
(with Yu-Jane Liu and Ming Gao)Working Papers
Bondholder Fragility Risk and Corporate Liquidity Policy
(with Huu Nhan Duong and George Baihan Wang)Mired in Losses: How the Disposition Effect Depresses Purchase Behavior
(with Brad M. Barber, Rongtai Chu, Yu-Jane Liu, and Terrance OdeanPortfolio Inattention, Unrealized Profit, and Threshold-Based Selling Strategies
(with Yu-Jane Liu and Yuzheng Liu)Whom to Listen To? Preferred Analysts and the Propagation of Forecast Biases to Mutual Funds
(with Sudipto Dasgupta, Weili Wu, and Ying Xia)Fund Managers' Gender Bias: The Boomerang Effect They Didn't See Coming
(with Xiao Liu, Weili Wu, and Ying Xia)Demand-Based Opposing Styles as Constellations: A Machine Learning Approach
(with Yu-Jane Liu)FOMC Announcements, Short Selling, and Anomalies
(with Xi Dong and Jinfei Sheng )