Professor of Finance
Zhenyu Wang has been Professor of Finance at the Kelley School of Business at Indiana University since 2012, and he holds the Edward E. Edwards Professorship.
Before joining Indiana University, Professor Wang served as a Vice President at the Federal Reserve Bank of New York, where he was also the Head of Financial Intermediation Function. He made contributions to several important initiatives, including designing the Term Auction Facility, reforming the collateral management system of Discount Window, executing the aid for JPMorgan's acquisition of Bear Stearns, setting up Maiden Line II and III portfolios in the bailout of AIG, setting the financial terms of TARP, and formulating post-crisis bank capital regulations.
Professor Wang’s research has covered a wide range of areas, including equity, fixed income, derivative securities, asset management, bank regulation, and financial econometrics. He is well-known for the Jagannathan-Wang model in his contributions to asset pricing, and his work on contingent capital has been influential in bank capital regulations.
Professor Wang earned his PhD in economics from the University of Minnesota, where he was awarded the Alfred P. Sloan Fellowship. He has previously taught as an Assistant Professor for three years and as an Associate Professor for six years at the Graduate School of Business at Columbia University. Additionally, he taught as an Associate Professor at the McCombs School of Business at the University of Texas (Austin) for one year.