PROGRAMS

ADMISSIONS

FACULTY & RESEARCH

STUDENT

ALUMNI

INTERNATIONAL

NIFR

ABOUT

Chinese

Full-time Faculty

Faculty CV

Education

2006-2013    Ph. D. in Economics, Queen’s University, Canada

2005-2006    M.A. in Economics, University of British Columbia, Canada

2001-2005    B.A. in Economics, University of Western Ontario, Canada


Professional Experience

2013- Present  Assistant Professor, PBC School of Finance, Tsinghua University

2012                   Lecturer, Department of Economics, Queen’s University, Canada

2010                   Lecturer, Department of Economics, Queen’s University, Canada

2008                   Intern, Trade Section, Embassy of Canada, USA

2007                   Intern, Mergers and Acquisitions, Oppenheimer & Company, USA


Research Interests

Capital Structure

Banking

Financial Constraint and Investment-Cash Flow Sensitivity

Financial Reporting Quality

Debt covenants and corporate governance

Emergency Funding Facility and Systemic Risk


Courses Taught

Fundamental of Microeconomics, Intermediate Macroeconomics, Ph.D. Theoretical Finance, Ph.D. Empirical Corporate Finance


Honors and Awards

1. Queen's Travel Grant, 2009 – 2011.

2. Graduate Scholarship, Queen's University, 2006 – 2010.

3. Gold Medalist (highest distinction), University of Western Ontario, 2005.

4. Dean's List, University of Western Ontario, 2003 – 2005

5. Dr. Mark K. Inman Scholarship, University of Western Ontario, 2003 - 2004.


Working Papers

1. “Refinancing Risk, Managerial Risk Shifting, and Debt Covenants: An Empirical Analysis”, 2012.

2. “How Effective Was the Federal Reserve's Commercial Paper Funding Facility? Evidence from Stock Performance and Loan Provisions”, 2013.

3. “Does Credit Risk Lead to Misreporting? An Analysis of Accrual Quality from Bank Loans”, 2013.

4. “An Integrated Model of Rollover Risk, Capital Structure, and Tangible Collateral in Risk Management”, 2012.

5. “Assets Liquidation and Refinancing under the Shadow Banking System”, 2011.


Professional Membership

AEA, AFA, WFA.


Conference Presentations

1. “Refinancing Risk, Managerial Risk Shifting, and Debt Covenants: An Empirical Analysis,” presented at the PBC School of Finance, Tsinghua University, 2013; Federal Reserve Bank of Richmond, 2013; Cheung Kong Graduate School of Business, 2013; and Queen's University, 2012.

2. “How Effective Was the Federal Reserve's Commercial Paper Funding Facility? Evidence from Stock Performance and Loan Provisions,” presented at CEA Annual Meeting, University of Ottawa, 2011 and at the Chinese Economist Society, Beijing, 2011.

3. “Assets Liquidation and Refinancing under the Shadow Banking System,” presented at CEA Annual Meeting, Quebec City, 2010 and at the Pacific Basin Finance, Economics, Accounting, and Management, Beijing, 2010.

4. “The Matching between Firms and Banks across Industries with Relationship Banking,” presented at CEA Annual Meeting, Toronto, 2009.




Programs

>Tsinghua National Institute of Financial Research