Education 

PhD, Bocconi University. 2020

MS, London School of Economics. 2015

BA, Shandong University. 2014

Research Interests

Asset Pricing, Macro-Finance

Working Papers

Idiosyncratic Cash Flow Volatility and Expected Stock Returns 

Presentations:  Frontiers of Factor Investing (2021, Lancaster) 

Fear Propagation and Return Dynamics (with K. Wang and Z. Zhou) 

Revise & Resubmit at Journal of Banking & Finance  

     Presentations:  AFFI (2021, Paris-Virtual), AMES (2021, Virtual)

Risk-neutral Cumulants, Expected Excess Return, and Future Stock Returns (with K. Wang) 

Revise & Resubmit at Journal of Banking & Finance  

Presentations:  EFA (2020, Helsinki-Virtual), FMA Annual Meeting (2020, Virtual) 

Prices and Returns: Role of Inflation  

Revise & Resubmit at Journal of International Money and Finance

     Presentations:  EEA-ESEM (2019, Manchester), Paris December Finance Meeting (2019, Paris)

Government Debt, Dividend Growth, and Stock Returns 

Presentations: EWMES (2018, Naples), CICF (2019, Guangzhou), AEA-Poster (2021, Virtual)

Professional Services

Ad-hoc Referee: European Financial Management, Quantitative Finance, International Review of Financial Analysis, Physica A

Program Committee: Eastern Finance Association Annual Meeting 2021, 2022; Financial Management Association Annual Meeting 2022

Others

CFA Charterholder