中方师资 > 余剑峰

余剑峰

清华大学五道口金融学院建树金融学讲席教授
中国 北京(100083)
清华大学五道口金融学院
电话:8610-62797064

教育背景

2008        宾夕法尼亚大学沃顿商学院, 金融系, 博士学位
2001        耶鲁大学, 统计系, 统计专业, 硕士学位
2000        中国科学技术大学, 统计金融系, 概率统计专业, 学士学位

 

工作经历

2016至今      清华大学五道口金融学院,金融学讲席教授

2015-2016    香港中文大学(深圳),访问教授

2008-2016    明尼苏达大学卡尔森管理学院, 助理教授, 长聘副教授, 长聘正教授,Piper Jaffray讲席教授

 

研究领域

行为金融和宏观金融的理论和实证研究

 

论文发表

[1] Investor Sentiment and the Mean-Variance Relation, (with Yu Yuan), Journal of Financial Economics 100, May 2011, pp. 367-281

[2] The Short of It: Investor Sentiment and Anomalies (with Rob Stambaugh, and Yu Yuan), Journal of Financial Economics 104, May 2012, pp. 288-302

      Inaugural AQR Insight Award, honorable mention, 2012
      RWC Marshall Blume Prize, honorable mention, 2011 

[3] Investor Attention, Psychological Anchors, and Stock Return Predictability (with Jun Li), Journal of Financial Economics 104, May 2012, pp. 401-419

[4] Using Long-Run Consumption-Return Correlations to Test Asset Pricing Models, Review of Economic Dynamics 15, July 2012, pp. 317-335

[5] Technological Growth and Asset Pricing, (with Nicolae Garleanu and Stavros Panageas), Journal of Finance 67, August 2012, pp. 1265-1292

      Smith-Breeden Prize (First Prize), 2012 

[6] Government Investment and the Stock Market (with Frederico Belo), Journal of Monetary Economics 60, April 2013, pp. 325-339

[7] A Sentiment-based Explanation of the Forward Premium Puzzle, Journal of Monetary Economics 60, May 2013, pp.474-491 

[8] Uncertainty, Risk, and Incentives: Theory and Evidence, (with Zhiguo He, Si Li and Bin Wei), Management Science 60, January 2014, pp. 206-226 

      3rd Annual TCFA Best Paper Award, 2012 

[9] The Long of It: Odds That Investor Sentiment Spuriously Predicts Anomaly Returns, (with Rob Stambaugh and Yu Yuan), February 2014, Journal of Financial Economics 114, December 2014, pp. 613-619 

[10] Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion (with Nicolae Garleanu and Stavros Panageas), July 2015, American Economic Review 105, pp. 1979-2010 

[11] Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle (with Rob Stambaugh and Yu Yuan), October 2015, Journal of Finance 70, pp. 1903- 1948 

[12] Asset Pricing in Production Economies with Extrapolative Expectations (with David Hirshleifer and Jun Li), November 2015, Journal of Monetary Economics 76, pp. 87-106 

[13] Short- and Long-Run Business Conditions and Expected Returns (with Qi Liu, Libin Tao and Weixin Wu), Management Science, forthcoming

[14] Reference-Dependent Preferences and the Risk-Return Trade-off (with Huijun Wang and Jinghua Yan), Journal of Financial Economics, forthcoming

       Q-Group Research Award, 2012

       Chicago Quantitative Alliance Academic Competition, Third Prize, 2014
 

工作论文

[1] Impediments to Financial Trade: Theory and Measurement (with Nicolae Garleanu and Stavros Panageas), January 2015

[2] Optimal Long-Term Contracting with Learning, (with Zhiguo He, Bin Wei, and Feng Gao), October 2015 

[3] Lottery-Related Anomalies: The Role of Reference-Dependent Preferences (with Li An, Huijun Wang, and Jian Wang), November 2015 

[4] Investor Sentiment and Economic Forces (with Junyan Shen), December 2013 
       Chicago Quantitative Alliance Academic Competition, First Prize, 2012
       Crowell Memorial Prize (Third Prize), PanAgora Asset Management, 2013
       TCFA Best Paper Award, 2013 

[5] Drifting Apart: The Pricing of Assets when the Benefits of Growth are not Shared Equally (with Nicolae Garleanu, Stavros Panageas, and Dimitris Papanikolaou), August 2015

 

教学经历

Carlson School of Management, University of Minnesota, Instructor

     Behavioral Finance (UG and MBA), 2014 – 2015

     Options in Corporate Finance (UG), 2010 – 2013 

     Corporate Financing Decision (UG), 2009 

     Theory of Capital Markets (PhD), 2010 – 2015 

     Empirical Asset Pricing (PhD), 2012

     *Average teaching evaluation is around 5.4/6.0  

PBC School of Finance, Tsinghua University, China, Instructor 

     Behavioral Finance (Master in Finance), Fall 2014  

The Wharton School, University of Pennsylvania, Teaching Assistant 

     Empirical Research in Finance (Ph.D.), 2006 – 2008 

     Monetary Economics and the Global Economy (MBA) 2006, 2007 

     Fixed Income Securities (MBA), 2004 

     Funding Investments (MBA), 2005, 2006 

     Investment and Trading (MBA), 2005  

 

荣誉与奖项

Chicago Quantitative Alliance (CQA) Academic Competition, Third Prize, 2014

4th Annual TCFA Best Paper Award, 2013

Crowell Memorial Prize (Third Prize), PanAgora Asset Management, 2013

Annual Faculty Research Award, Carlson School of Management, 2012

Smith-Breeden Prize (First Prize), 2012

Institute for Quantitative Research in Finance (Q-Group) Research Award, 2012

Chicago Quantitative Alliance (CQA) Academic Competition, First Prize, 2012

3rd Annual TCFA Best Paper Award, 2012

Inaugural AQR Insight Award, honorable mention, 2012

RWC Marshall Blume Prize, honorable mention, 2011

Dean’s Small Research Grant, Carlson School of Management, 2009-2012

Sterling Prize Fellow, Yale University, 2000-2002

The Best Senior Thesis Award, Univ. of Science & Technology of China, 2000

 

明尼苏达大学期间涉及活动

Service at Minnesota Ph.D. Program Coordinator in Finance, 2013-2015

Faculty Recruiting Committee, 2013-2014

Seminar and Brownbag Organizer, 2009-2010