个人简历

教育背景\r
1986年7月毕业于中国人民大学工业经济系，获经济学学士学位\r
1989年7月毕业于中国人民大学投资经济系，获投资经济与投资管理硕士学位\r
1999年1月毕业于伦敦大学（UNIVERSITY OF LONDON），获金融学博士学位\r
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工作经历\r
1989年9月至1994年4月，中国人民大学投资经济系讲师\r
1994年5月至1999年10月，中国人民大学财金学院副教授\r
1999年3月至2005年，新加坡国立大学商学院金融系助理教授，副教授\r
2003年至今，中国人民大学财政金融学院金融学教授，应用金融系主任\r
2010年至2014年任教育部重点研究基地，中国财政金融政策研究中心主任\r
2014年至今中国人民大学汉青经济与金融高级研究院执行副院长

研究领域

""资产定价、公司治理、金融衍生工具""""

近期论文

Can Public Medical Insurance Promote Rural Entrepreneurship? Evidence from China（with Xiaojun Shi and Teng Zhong), Applied Economics, DOI: \r
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10.1080/00036846.2021.1899118, 2021. \r
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The Agency Cost of Political Connections: Evidence from China's File 18 (with Yi Hu, Gang Xiao, Jianyu Zeng), Pacific Basin Finance Journal 56，64: 0-101426， 2020.\r
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The Role of Investment Bankers in Mundefinedamp;As: New Evidence on Acquirers’ Financial Conditions (with Jie Guo, Xiaofei Xing), Journal of Banking and Finance 119， 2020，1-19.\r
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Parasites and Paragons: Ownership Reform and Concentrated Interest among Minority Shareholders (with Nan Jia, Jing Shi, Yongxiang Wang), Journal of Management Studies 57, 129-162，2020.\r
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The Value of Political Connections in Opaque Firms: Evidence from China's File 18 (with Yi Hu, Gang Xiao, Jianyu Zeng), Pacific Basin Finance Journal 55, 329-351， 2019.\r
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Liquidity, Liquidity Risk and Stock Returns: Evidence from Japan, European Financial Management, 2014, Vol. 20, 126-151,\r
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Are Chinese Warrants Derivatives? Evidence from Connections to Their Underlying Stocks (with Tang Ke), Quantitative Finance，2013.\r
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Corporate Governance and Firm Liquidity: Evidence from the Chinese Stock Market (with Tang Ke), Journal of Emerging Markets Financeundefinedamp;Trade, 2012, Vol.47. 47-60\r
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Understanding Seasoned Equity Offerings of Chinese Firms (with Bo Hong, Huang Zhangnan), Journal of Bankingundefinedamp;Finance, 2010, Vol.35. 1143-1157.\r
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Information Diffusion and Overreaction:Evidence from the Chinese Stock Market （with Xie Lei），Emerging MarketsFinance undefinedamp; Trade, 2010, Vol.46. No.2. 80-100.\r
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American Futures Options Arbitrage: Evidence from the Nikkei 225 Options Market (with Zhang Wei, Weng Tan Kit)，Quantitative Finance，2008 Vol.8. No.3. 313-320.\r
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Ownership and Operating Performance of Chinese IPOs，Journal of Banking undefinedamp; Finance, 2005, Vol.29. No.7. 1835-1856.\r
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Profitability of Return and Volume-based Investment Strategies in China’s Stock Market (with S.T. Chin). Pacific-Basin Finance Journal, 2004, Vol. 12, 541-564.\r
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Extreme Volumes and Expected Stock Returns: Evidence from the China’s Stock Market (with N. S. Cheng). Pacific Basin Finance Journal, 2004, Vol. 12, 577-597.\r
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Trading Activity and Futures Price Reversals (with M. Yu). Journal of Banking and Finance, 2004, Vol.28, 1337-1361.\r
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Futures Trading Activity and Predictable Foreign Exchange Market Movements. Journal of Banking and Finance, 2004, Vol. 28, 1023-1041.\r
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The Behavior and Performance of Major Types of Futures Traders, Journal of Futures Markets, 2003, Vol. 23, 1-23.\r
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Net Position by Type of Trader and Volatility in Foreign Currency Futures Markets, Journal of Futures Markets, 2002, Vol.22, 427-450.\r
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Investor Sentiment and Return Predictability in Agricultural Futures Markets, Journal of Futures Markets, 2001, Vol.21,925-952.