教授简介

　　布莱恩博士2000年毕业于芝加哥大学商学院。毕业后即以战略管理学助理教授身份进入斯坦福大学商学院任教。他的研究兴趣为产业组织经济学、竞争战略经济学、实用微观经济学等领域。

　　2000年8月毕业于芝加哥大学商学院 商业经济学博士

　　1992年6月毕业于斯坦福大学商学院 MBA学位

　　1987年5月毕业于耶鲁大学 电子工程学学士

　　主要研究领域

　　布莱恩教授的研究方向主要集中在电信和软件等信息和技术产业的产品定价和战略。布莱恩教授曾经对软件的持续性版本如何定价，网络外在性对定价及软件质量的影响等问题进行过专门研究。在电信领域，布莱恩教授还对可变因素如何影响价格、产品如何进入当地电信市场并改变消费福利，以及在手机市场的竞争如何影响技术认可及定价等问题进行过专门评估。最近，他还对电信产品的回报计划在转移成本和价格歧视方面的有效性方面进行了研究。

　　学术成就

　　Inaugural recipient of the “MBA Best Teaching Award” at Cheung Kong Graduate School of Business, 2009.

　　NET Institute Research Grant, Summer 2003

　　Fletcher Jones Faculty Scholar, 2001-2002

　　State Farm Companies Foundation Doctoral Dissertation Award, 1999-2000

　　Oscar Mayer Fellowship, 1999-2000

　　University of Chicago GSB Fellowship, 1995-1999

　　教授简介

　　曹辉宁教授现为长江商学院金融学教授，金融MBA学术主任，美国财务学会会员，曾任教于加州大学伯克利分校、北卡罗来纳大学Chapel Hill分校。

　　主要研究领域

　　主要集中在投资组合管理、 期权定价、资产定价、市场微观结构、国际财务等。

　　学术成就

　　在过去几年中，曹博士在国际着名期刊Journal of Finance、Review of Financial Studies、Journal of Financial Economics发表多篇论文，并被大量引用；曾两次获得Journal of Finance的最佳论文提名(1998年和2000年)；曾获Northern Finance Association评选的新兴市场领域最佳论文奖；曾获Western Finance Association 评选的最有投资价值的最佳论文奖；在2004中国金融国际年会上获得最佳论文三等奖；任Annals of Economics and Finance的编委会成员及International Financial Review和China Financial Review的主编。

　　主要学术成果

　　1."Taking The Road Less Traveled By: Does Conversation Eradicate Pernicious Cascades?" H. Henry Cao, Bing Han, and David Hirshleifer, Journal of Economic Theory, 146 (4), July, (2011): 1418-1436.

　　2.Fear of The Unknown: The Effects of Familiarity on Financial Decisions, H. H. Cao, Bing Han,  David Hirshleifer and Harold H. Zhang, Review of Finance, 2011,15 (1): 173-206. Won the runner-up of the "2011 Sp?ngler IQAM Best PaperPrize".

　　3.Portfolio Performance Measurement: A No Arbitrage Bounds Approach," with Dong-Hyun Ahn, H. H. Cao and Stephane Chretien, European Financial Management，2009, 15 (2):298-339.

　　4."Differences of Opinion of Public Information and Speculative Trading in Stocks and Options," H. H. Cao  and Hui Ou-Yang, Review of Financial Studies, 2009, 22(1):299-335; Won the third place best paper award at 2004 CIFC and best paper award most relevant to practitioners at 2005 WFA.

　　5. "Inventory Information,"  H. H. Cao,  Martin Evans and Rich Lyons, Journal of Business, 2006, 79：325-364.

　　6."Model Uncertainty, Limited Market Participation and Asset Prices," H. H. Cao,  Tan Wang and Harold H. Zhang,  Review of Financial Studies,  2005，1219 - 1251.

　　7."The Dynamics of International Equity Market Expectations,"  Michael J. Brennan, H. H. Cao, Norman Strong and  Xinzhong Xu, Journal of Financial Economics,  2005，257-288

　　8. "Product Strategy for Innovators in Markets with Network Effects," Sun, B., Xie, J. and H. H. Cao,  Marketing Science, 2004, 243-254.

　　9."Sidelined Investors, Trading-Generated News, and Security Returns," H. H. Cao,  J. Coval and D. Hirshleifer, Review of Financial Studies, 2002, 15, 615-648.

　　10."Imperfect Competition Among Informed Traders," K. Back, H. H. Cao and G. Willard, Journal of Finance,  2000, 5, 2117-2155. Nominated for Smith-Breeden Prize.

　　11."The Effect of Derivative Assets on Endogenous Information Acquisition and Price Behavior in  a Rational Expectations Equilibrium," H. H. Cao, Review of Financial Studies, 1999, 12, 131-163.

　　12."International Portfolio Investment Flows,"  Michael J. Brennan and H. H. Cao, Journal of  Finance, 1997,  52,  1851-1880, Nominated for Smith-Breeden Prize. Best paper award in emerging market research at NFA. Reprinted in International Library of Critical Writings in Financial Economics, Edited by Richard Roll.

　　13."Information, Trade, and Derivative Securities,"  Michael J. Brennan and H. H. Cao, Review of   Financial  Studies, 1996,  9, 163-208.

　　教授简介

　　陈龙博士为长江商学院金融学教授、工商管理硕士（MBA）项目学术主任和资产定价研究中心主任。他是加拿大多伦多大学金融学博士，曾经在美国任教多年，在美国华盛顿大学(Washington University in St. Louis)奥林商学院获得终身教职（tenure）的荣誉。他在学术上长期从事股票和债券市场的资产定价、回报预测、和价格波动的研究；大量研究成果发表在世界顶级的金融学杂志上；是所有顶级金融杂志的审稿人和多家金融杂志的编委。他在2011年被选为北京五星金融论坛主席（是包括北京大学，清华大学，人民大学，中央财经大学，和长江商学院的最高金融学术交流论坛）。他长期教授股票和债券投资课程，曾经荣获美国密歇根州立大学商学院“2003年度优秀教师奖”。学术外他曾经担任职业期货操作手；现为美国大型对冲基金的投资顾问。

　　主要研究领域

　　资产定价实证及资产定价应用理论，企业金融和红利分配决定

　　主要学术成果

　　Selected Publications:

　　Corporate Yield Spreads and Bond Liquidity, with David Lesmond and Jason Wei, Journal of Finance, 62 (2007), 119-149; ranked by Journal of Finance as one of the top ten most cited articles from Journal of Finance.

　　The Expected Value Premium, with Ralitsa Petkova and Lu Zhang, Journal of Financial Economics, 87 (2008), 269-280.

　　Expected Returns, Yield Spreads, and Asset Pricing Tests, with Murillo Campello and Lu Zhang, Review of Financial Studies, 21(3) (2008), 1297-1338.

　　On the Reversal of Dividend and Return Predictability: A Tale of Two Periods, Journal of Financial Economics, 92(1) (2009), 128-151.

　　On the Relation between the Credit Spread Puzzle and the Equity Premium Puzzle, with Pierre Collin-Dufresne and Robert Goldstein, Review of Financial Studies, 22(9) (2009), 3367-3409.

　　Return Decomposition, with Xinlei Zhao, Review of Financial Studies, 22(12) (2009), 5213-5249; ranked by RFS as one of the most cited RFS papers published in 2009.

　　Do Time-Varying Risk Premiums Explain Labor Market Performance? With Lu Zhang, Journal of Financial Economics, 99(2) (2011), 385-399.

　　Dividend Smoothing and Predictability, with Zhi Da and Richard Priestley, forthcoming, Management Science.

　　Are Financial Constraints Priced? Evidence from Firm Fundamentals and Stocks, with Murillo Campello, Journal of Money, Credit, and Banking, 42 (2010), 1185-1198.

　　On the Relation between the Market-to-Book Ratio, Growth opportunity, and Leverage Ratio, with Shelly Zhao, Finance Research Letters, 3(2006) 253-266.

　　Mechanical Mean Reversion of Leverage Ratios, with Shelly Zhao, Economic Letters, 95 (2007) 223-229.

　　Working Papers：

　　An Alternative Three-Factor Model, With Robert Novy-Marx and Lu Zhang

　　What Drives Stock Price Movements? With Xinlei Zhao

　　What Moves Aggregate Investment? With Zhi Da and Borja Larrain

　　Myopic Extrapolation, Price Momentum, and Price Reversal, with Claudia Moise and Xinlei Zhao; presented at EFA 2009 and WFA 2010

　　Fresh Momentum, with Ohad Kadan and Kose Engin

　　Inflation and Credit Risk, with Hui Chen

　　教授简介

　　董白羽博士2012年加入长江商学院任经济学助理教授。董博士于2012年获得美国纽约大学（New York University）经济学博士学位，并曾任教于纽约大学。她曾在2006年获得武汉大学经济学硕士学位，并在2004年获得武汉大学金融学学士学位和数学学士学位。董博士于2011年在纽约Interbrand公司担任经济顾问。

　　主要研究领域

　　产业组织，生产力，应用计量经济学，银行

　　学术成就

　　McCracken Fellowship, NYU

　　Summer Fellowship, NYU

　　Dean’s Travel Grant, NYU

　　CV Starr Travel Grant, NYU

　　Distinguished Graduate, Wuhan University

　　Distinguished Student Scholarship, Wuhan University

　　主要学术成果

　　“Misallocation or Mismeasurement? Evidence from Plant-Level Data”

　　“Estimating the Impact of Deregulation on U.S. Bank Productivity”

　　“On the Geographic Concerns of U.S. Bank Mergers”

　　“Opening New Branch or Entering through Acquisition? A Structural Model of U.S. Banking Industry” (with Yu-Wei Hsieh)

　　教授简介

　　甘洁，现任长江商学院金融学教授，在加入长江商学院之前，她先后担任香港科技大学工商管理学院金融系副教授，和哥伦比亚大学商学院经济与金融系的助理教授，并从麻省理工大学获得了博士学位。甘教授长期从事公司金融及中国资本市场的研究，在这些领域有突出贡献。她2011年独立获得美国学术界最高荣誉之一的Brennan最佳论文奖。她的研究成果发表在国际顶级学术期刊，如金融经济学期刊（Journal of Financial Economics）、金融研究评论（Review of Financial Studies），以及金融与数量分析（Journal of Financial and Quantitative Analysis）等；她也是多家国际顶级学术期刊及学术会议的审稿人。她的授课得到了MBA学生和EMBA学生的高度赞誉，课程也获得了多项教学奖。此外，《金融时报》（Financial Times）及《经济学家》杂志（The Economist）曾专栏报道她的研究和教学。

　　除了学术上的成就之外，甘洁教授还有着广泛的行业经验。她曾任职于CRA 国际（CRA International），美国最大的金融和经济咨询公司之一，为期两年。她的咨询工作包括企业估值、证券欺诈以及反垄断，服务的客户来自于多个不同的领域，涉及金融服务业、消费品以及能源行业等。在香港，甘洁教授为多家银行提供咨询，为它们提供有关于如何辨识房产市场上的泡沫以及如何在投资组合中配置房地产的建议。她现任特许金融分析师协会（CFA Institute）的特聘演讲人，和Rega Capital Management的董事及投资顾问。

　　主要研究领域

　　银行、资产评估、公司金融

　　学术成就

　　BlackRock/Michael Brennan Best Paper Award of Review of Financial Studies.

　　Nominated for the Michael Gale Medal for Distinguished Teaching 2005, the highest honor awarded to a single faculty in the university.

　　Franklin Prize for Teaching Excellence at Hong Kong University of Science & Technology (MBA teaching 2004 and 2008); Nominated for undergraduate teaching 2003 and 2004.

　　Hong Kong RGC Competitive Earmark Research Grant, 2003 (HK$373,000), 2004 (HK$551,000), 2006 (HK$666,000); 2008 (HK$784,000).

　　Faculty Research Award, Columbia University Center for Japanese Economy and Business, 2001-2002.

　　Graduate Fellowship, Massachusetts Institute of Technology, 1993-1996, 1998-1999.

　　"Best Graduate of the Year" (equivalent to summa cum laude), Nanjing University, 1991.

　　主要学术成果

　　Working Papers

　　1."Property Market Overvaluation, Toeholds, and the Winners' Curse: Evidence from Hong Kong Land Auctions", with Yuk Ying Chang and Sudipto Dasgupta.

　　2."Political Constraints, Organizational Forms, and Privatization Performance: Evidence from China", with Jianping Deng, Jie Gan and Jia He, formerly titled "Privatization, Large Shareholders' Incentives to Expropriate, and Firm Performance", Top 20 downloads in SSRN Corporate Finance, Management, and AFA Conference.

　　3."Can Firms Build Capital-Market Reputation to Compensate for Poor Investor Protection? Evidence from Dividend Policies," with Martin Wang.

　　4."Fit, Style, and the Portability of Managerial Talent," with Candie Chang and Sudipto Dasgupta. Currently under revision, 【Abstract】 is available here.

　　5."What Makes Privatization Work? Evidence from a Large-Scale Nationwide Survey of Chinese Firms," with Yan Guo and Chenggang Xu. Currently under revision, 【Abstract】 is available here. This paper was featured in the Economist, click here for the Economist article.

　　6."What Do Capital Requirements Do When They Are Not Binding."

　　教授简介

　　何华博士，长江商学院金融实践教授，并担任中国国际金融有限公司资本市场业务委员会执行主席。

　　之前，他是野村国际（香港）有限公司董事总经理，曾经担任中国区股票业务主管、亚洲地区债券研究部主管，及亚洲地区股票研究部主管。在野村国际并购雷曼之前，何华博士曾在雷曼兄弟公司日本和香港的总部工作了八年，任亚洲地区固定收益和股票研究部的主管。早期，何华博士还曾在所罗门兄弟公司和CAM对冲基金任高层职位。

　　何华博士毕业于美国麻省理工大学，拥有金融学博士学位；并曾是加州大学伯克利分校和耶鲁大学的金融学终身教授。

　　学术成就

　　Alfred P. Sloan Research Fellowship (Economics), 1993-1995

　　Batterymarch Fellowship, 1992-1993

　　Best Paper Award (First Prize) for “Consumption and Portfolio Policies with Incomplete Markets and Short-sale Constraints: The Finite Dimensional Case”, Mathematical Finance, Volume 1, 1991.

　　Visiting Lectureship from the Royal Economic Society (UK), 1993-1994

　　主要学术成果

　　Academic Papers

　　1.“Optimal Dynamic Trading Strategies with Risk Limits”, joint with Domenico Cuoco and Sergei Isaenko, Operations Research, Volume 56, Number 2, pp358-368, 2008

　　2.“Dynamic Trading Policies with Price Impact”, joint with Harry Mamaysky, Journal of Economic Dynamics & Control, Volume 29, pp891-930, 2005

　　3.“Dynamic Aggregation and Computation of Equilibria in Finite-Dimensional Economies with Incomplete Financial Markets”, joint with Domenico Cuoco, Annals of Economics and Finance, Volume 2, pp265-296, 2001

　　4.“A Variable Reduction Technique for Average-Rate Options”, joint with Akihiko Takahashi, International Review of Finance, Volume 1, Number 2, pp123-142, 2000

　　5.“Double Lookbacks”, joint with William Keirstead and Joachim Rebholz, Mathematical Finance, Volume 8, Number 3, pp201-228, 1998

　　6.“Differential Information and Dynamic Behavior of Stock Trading Volume”, joint with Jiang Wang, Review of Financial Studies, Volume 8, Number 4, pp919–972, 1995

　　7.“Market Frictions and Consumption-Based Capital Asset Pricing”, joint with David Modest, Journal of Political Economy, Volume 103, pp94–117, 1995.

　　8.“Consumption-Portfolio Policies: An Inverse Optimal Problem”, joint with Chi-fu Huang, Journal of Economic Theory, Volume 62, No 2., pp257-293, 1994

　　9.“Labor Income, Borrowing Constraints, and Equilibrium Asset Prices”, joint with Henri Pag′es, Economic Theory, Volume 3, pp663-696, 1993.

　　10.“On Equilibrium Asset Price Processes”, joint with Hayne Leland, Review of Financial Studies, Volume 6, pp593-617, 1993.

　　11.“Investments in Flexible Production Capacity”, joint with Robert Pindyck, Journal of Economic Dynamics and Control, Volume 16, pp575–599, July, 1992.

　　12.“Consumption and Portfolio Policies with Incomplete Markets and Short-sale Constraints: The Infinite Dimensional Case”, joint with Neil Pearson, Journal of Economic Theory, Volume 54, Number 2, pp259–304, 1991.

　　13.“Consumption and Portfolio Policies with Incomplete Markets and Short-sale Constraints: The Finite Dimensional Case”, joint with Neil Pearson, Mathematical Finance, Volume 1, Number 3, pp1–10, 1991.

　　14.“Optimal Consumption and Portfolio Policies: a Convergence from Discrete- to Continuous-Time Models”, Journal of Economic Theory, Volume 55, Number 2, pp340–363, 1991.

　　15.“Convergence from Discrete- to Continuous-Time Contingent Claims Prices”, Review of Financial Studies, Volume 3, Number 4, pp523–546, 1990.

　　教授简介

　　黄春燕博士现为长江商学院金融学教授。黄教授于2003年获得麻省理工大学斯隆管理学院（MIT Sloan School of Management）金融学博士学位，并曾任德克萨斯大学奥斯汀分校（The University of Texas at Austin）金融学终生副教授，讲授EMBA及博士学位的课程。她在税收、资产流动性、均衡资产定价，及基金管理等领域具有丰富的学术研究经验。

　　主要研究领域

　　黄春燕教授的主要研究领域包括共同基金、资产流动性、赋税研究以及均衡资产定价。

　　学术成就

　　2010 Fayez Sarofim & Co. Centennial Fellowship #1 from the McCombs School of Business of the University of Texas at Austin.

　　2008 Q-group grant for "A comparison of Index Funds and ETFs," joint with Ilan Guedj.

　　2008 DeGroote/IIROC 3rd Annual Conference on Market Structure and Market Integrity best paper award for “Market Liquidity, Asset Prices, and Welfare,” joint with Jiang Wang.

　　2008 Finalist for the 2008 TIAA-CREF Paul A. Samuelson Award, for “The Tradeoff between Mortgage Prepayments and Tax-Deferred Retirement Savings,” joint with Gene Amromin and Clemens Sialm.

　　2007 Western Finance Association meeting best paper award for "Liquidity and Market Crashes," joint with Jiang Wang.

　　2007 Morgan Stanley Equity Market Microstructure Research Grant, for the project "Liquidity and Asset Prices," joint with Jiang Wang.

　　2007 McCombs Research Excellence Grant, for the project "A comparison of Index Funds and ETFs," joint with Ilan Guedj.

　　MIT Fellowship, 1997-2000

　　Dean’s list, University of Science and Technology of China, 1988-1992

　　Zhang Zhongzhi Prize, highest academic honor to USTC undergraduate students, 1990

　　主要学术成果

　　Publications

　　1.Risk Shifting and Mutual Fund Performance (with Clemens Sialm and Hanjiang Zhang, Review of Financial Studies, 24 (8), 2011, 2575-2616)

　　2.Market Liquidity, Asset Prices, and Welfare (with Jiang Wang, Journal of Financial Economics, 95(1), 2010, 107-127, received the best paper award for DeGroote/IIROC 3rd Annual Conference on Market Structure and Market Integrity)

　　3.Liquidity and Market Crashes (with Jiang Wang, Review of Financial Studies, 22(7), 2009, 2607-2643, received NYSE Award for the best paper on equity trading at 2007 WFA and 2007 Morgan Stanley Equity Market Microstructure Research Grant)

　　4.Taxable and Tax-Deferred Investing: A Tax-Arbitrage Approach (Review of Financial Studies, 21(5), 2008, 2173-2207)

　　5.Participation Costs and the Sensitivity of Fund Flows to Past Performance (with Kelsey D. Wei and Hong Yan, Journal of Finance, 62 (3), 2007, 1273-1311)

　　6.The Tradeoff between Mortgage Prepayments and Tax-Deferred Retirement Savings (with Gene Amromin and Clemens Sialm, Journal of Public Economics, 91, 2007, 2014-2040)

　　7.Are Stocks Desirable in Tax-Deferred Accounts? (with Lorenzo Garlappi, Journal of Public Economics, 90 (12), 2006, 2257-2283)

　　8.Market Structure, Security Prices and Informational Efficiency (with Jiang Wang, Macroeconomic Dynamics, 1, 1997, 169-205 )

　　教授简介

　　荆兵博士现任长江商学院市场营销学副教授。2001年至2007年期间，荆兵博士曾担任纽约大学商学院信息系统助理教授。荆兵博士2001年毕业于罗切斯特大学并获得商业管理博士学位，他本人还在美国先后获得了两个研究生学位。荆兵博士目前已在包括《管理信息系统学刊》、《管理科学》、《市场营销科学》、《数量营销与经济学》、《经济学与管理策略学刊》等一流学术期刊上发表过多篇论作。

　　主要研究领域

　　产品差异化,产品线设计与定价,个性化定制,价格促销,电子商务等

　　学术成就

　　他的研究已经发表于以下领先的学术期刊中：管理科学、营销科学、数量营销和经济学、经济与管理战略期刊、管理信息系统期刊、经济学通讯、市场学通讯等。同时为营销科学的编委会成员。他的荣誉包括Beta Gamma Sigma、《美国商业高等教育名人录》、《美国名人录》等。

　　主要学术成果

　　Selected Publications

　　1.Equilibrium Financing in a Distribution Channel with Capital Constraint, Bing Jing, Xiangfeng Chen, Gangshu Cai, Production and Operations Management, forthcoming.

　　2.Seller Honesty and Product Line Pricing, Quantitative Marketing and Economics, Oct-Dec 2011.

　　3.Social Learning and Dynamic Pricing of Durable Goods, Marketing Science, Sep-Oct, 2011.

　　4.Product Line Competition and Price Promotions, with Z. J. Zhang, Quantitative Marketing and Economics, July-September 2011.

　　5.Exogenous Learning, Seller-Induced Learning, and Marketing of Durable Goods, Management Science, October 2011.

　　6.Pricing Experience Goods: The Effects of Customer Recognition and Commitment, Journal of Economics and Management Strategy, 20, 2, 2011.

　　7.Putting One-to-One Marketing to Work: Personalization, Customization and Choice, with N. Arora, X. Dreze, A. Ghose, J. Hess, R. Iyengar, Y. Joshi, V. Kumar, N. Lurie, S. Neslin, S. Sajeesh, M. Su, N. Syam, J. Thomas, and Z. J. Zhang, Marketing Letters, December 2008.

　　8.Finitely Loyal Customers, Switchers and Equilibrium Price Promotion, with Z. Wen, Journal of Economics and Management Strategy, Fall 2008.

　　9.Product Differentiation under Imperfect Information: When does Offering a Lower Quality Pay? Quantitative Marketing and Economics, March 2007.

　　10.Network Externalities and Market Segmentation in a Monopoly, Economics Letters, April 2007.

　　11.On the Profitability of Firms in a Differentiated Industry, Marketing Science, May-June 2006.

　　12.Product Customization and Price Competition on the Internet, with R. Dewan and A. Seidmann, Management Science, Aug. 2003.

　　13.Adoption of Internet-based Product Customization and Pricing Strategies, with R. Dewan and A. Seidmann, Journal of Management Information Systems, Fall 2000.

　　曾获荣誉

　　Beta Gamma Sigma

　　Who's Who in Business Higher Education

　　Who's Who in America

　　Who's Who among America's Teachers.

　　教授简介

　　长江商学院运营管理学教授、学术副院长。曾任教于麻省理工学院、美国西北大学、香港科技大学，是国内外享有盛誉的生产管理专家。美国管理科学研究所、美国生产管理研究所及美国会计教授协会会员。

　　主要研究领域

　　其原创性的课题包括：生产管理与战略、工业组织、博弈论、随机程序与控制、供应链管理、服务运作、国际制造网络的管理等。

　　学术成就

　　李乐德教授曾在多家学术期刊上发表系列论文；执笔Business Applications of Game Theory的部分章节；曾获斯隆基金、香港研究基金会等多个专业协会奖励资助；被耶鲁大学授予名誉文学硕士学位。

　　主要学术成果

　　Book Chapters

　　1.Li, L. And S. Whang, “Game Theory Models in Operations Management and Information Systems,” in Game Theory and Business Applications, ed. by K. Catterjee, Kluwer Academic Publishers, Norwell Massachusetts, 2001.

　　2.Li, L. And H. Zhang, “Supply Chain Information Sharing in a Competitive Environment,” in Supply Chain Structures: Coordination, Information and Optimization, ed. by J.S. Song and D. Yao, Kluwer Academic Publishers, Norwell Massachusetts, 2001.

　　3.Q. Hu (Joice), L. Li, and M. J. Sobel, “Production/Inventory Management and Capital Structure”, to appear in the Handbook of Integrated Risk Management in Global Supply Chains, ed. by Panos Kouvelis, Onur Boyabatli, Lingxiu Dong, and Rong Li, John Wiley & Sons, Inc.

　　教授简介

　　李伟博士现为长江商学院经济学教授、长江案例中心主任、长江企业社会责任研究中心主任，世界银行顾问，在加入长江商学院之前，曾任教于杜克大学商学院和达顿商学院 。

　　主要研究领域

　　李伟教授的研究包括转型经济学，中国经济，政治经济学，新兴市场金融学，公共金融学，应用经济等。

　　学术成就

　　李伟教授的研究成果多见于如《美国经济学期刊》、《政治经济学期刊》、《经济学研究期刊》等国际一流学术杂志。因其出色的教学和研究工作，李伟博士曾多次获奖，如1992年获梅隆博士学奖学金；1991年获Rackham奖学金等。

　　主要学术成果

　　1.     "Can Stock Price Movements Inform Operational Improvement Efforts? Evidence from the U.S. Airline Industry", with Marc Lipson, Kamalini Ramdas, and Jonathan Williams, 2010, under review at Management Science.

　　2.     "Regulatory Reforms in the Telecommunications Sector in Developing Countries: The Role of Democracy and Private Interests", with Christine Qian and Lixin Colin Xu, forthcoming in World Economy.

　　3.     "Tax Structures in Developing Countries: Puzzles and Possible Explanations", with Gordon, Roger H., Journal of Public Economics, vol. 93, pp. 855-866, August 2009.

　　4.     "Maoist Economics", in The New Palgrave: A Dictionary of Economics, Second Edition. Eds. Durlauf, Steven N. & Blume, Lawrence E., Palgrave Macmillan, 2008.

　　5.     "Market Integration in Developed and Emerging Markets: Evidence from the CAPM", with Bruner, Robert F., Kritzman, Mark, Myrgren, Simon and Page, Sebastien, Emerging Markets Review, vol. 9, pp. 89-103, 2008.

　　6.     "Trade, Technology, and China’s Rising Skill Demand", with Xu, Bin, Economics of Transition, vol. 16, pp. 59-84, January 2008.

　　7.     "Comments on ‘Measuring the Effectiveness of Fiscal Policy in Korea’", in Takatoshi, Ito and Rose, Andrew (eds.), Fiscal Policy and Management in East Asia, NBER-East Asia Seminar on Economics, vol. 16, 2007.

　　8.     "Puzzling Tax Structure in Developing Countries: A Comparison of Two Alternative Explanations", with Gordon, Roger H., in Takatoshi, Ito and Rose, Andrew (eds.), Fiscal Policy and Management in East Asia, NBER-East Asia Seminar on Economics, vol. 16, 2007.

　　9.     "Taxation and Economic Growth in China", with Gordon, Roger H.,in Critical Issues in China’s Growth and Development, Ashgate, 2005.

　　10.   "The Great Leap Forward: Anatomy of a Central Planning Disaster", with Dennis Tao Yang, Journal of Political Economy, vol.113, pp. 840-877, August 2005.

　　11.   "The impact of privatization and competition in the Telecommunications Sector Around the World", with Lixin Colin Xu, Journal of Law & Economics, October 2004.

　　12.   "Government as a Discriminating Monopolist in the Financial Market: The Case of China", with Roger H. Gordon, Journal of Public Economics, vol. 87, pp. 283-312, 2003.

　　13.   "Introduction to 'Valuation in Emerging Markets'", with Robert F.Bruner, Robert M. Conroy, Javier Estrada, and Mark Kritzman, Emerging Markets Review, vol. 3, pp. 310-324, September 2002.

　　14.   "The Political Economy of Privatization and Competition: Cross-Country Evidence from the Telecommunications Sector", with Lixin Colin Xu, Journal of Comparative Economics, vol. 30, pp. 1-25, September 2002.

　　15.   "Tax Rights in Transition Economies: A Tragedy of the Commons?" with Daniel Berkowitz, Journal of Public Economics, vol. 76, pp. 369-397, June 2000.

　　16.   "A Tale of Two Reforms", Rand Journal of Economics, vol. 30, pp. 1, Spring 1999.

　　17.   "Selection of Children to Provide Care: The Effects of Earlier Parental Transfers", with John C. Henretta, Martha Hill, Beth Soldo and Douglas A. Wolf, Journal of Gerontology, vol. 52B, pp. 110-119, 1997.

　　18.   "The Impact of Economic Reforms on the Performance of Chinese State-Owned Enterprises", Journal of Political Economy, vol. 105(5), pp. 1080-1106, October 1997.

　　19.   "Asymptotic Equivalence of Estimators of Average Derivative", Economics Letters, vol. 52, pp. 241-245, November 1996.

　　20.   "The Change in Productivity of Chinese State Enterprises, 1983-1987", with Roger H. Gordon, Journal of Productivity Analysis, vol. 6, pp. 5-26, April 1995.

　　21.   "Chinese Enterprise Behavior under the Reforms," with Roger H. Gordon, American Economic Review, Papers and Proceedings, vol. 81, pp. 202-206, May 1991.

　　教授简介

　　李晓阳教授现为长江商学院金融学与经济学助理教授，2011年在密歇根大学获得博士学位，曾在世界银行发展研究部和美国国民统计局做研究顾问。主要为MBA学生讲授高级公司金融和收购与兼并课程。

　　主要研究领域

　　主要集中在收购与兼并、公司治理、公司金融、产业组织等

　　学术成就

　　2011 Ewing Kauffman Dissertation Fellow

　　Financial Management Association Doctoral Consortium Fellow, 2010

　　Gladys and Walter Stark Graduate Scholarship, Ross School of Business, 2009

　　Thomas W. Leabo Memorial Award, Ross School of Business, 2008

　　主要学术成果

　　"Productivity, Restructuring, and the Gains from Takeovers", Journal of Financial Economics, (2013), forthcoming.

　　"Workers, Unions, and Takeovers", Journal of Labor Research, (2012), 33, 443-460.

　　"Subsidiary Divestiture and Acquisition in a Financial Crisis", (with M. Zhou and J. Svejnar), Journal of Corporate Finance, (2011), 17, 272-287.

　　教授简介

　　李学楠教授是长江商学院金融学助理教授。李学楠教授是罗切斯特大学金融学博士、马萨诸塞州阿姆赫斯特大学物理学博士。

　　主要研究领域

　　资本结构，资产定价，宏观经济学。

　　学术成就

　　2002-2006 Simon School Graduate Fellowship

　　2001 Eugene M. Isenberg Award for Innovative Interdisciplinary Studies in Business, Science, and Technology, UMASS, Amherst

　　1998 Prize for Best National Undergraduate Research Paper in Science

　　1998 Graduation with honors, Beijing University

　　主要学术成果

　　Publications

　　Anomalies, 2009, with Dmitry Livdan and Lu Zhang, Review of Financial Studies, lead article, 22(11), 4301–4334.

　　Working Papers

　　Nominal Rigidities, Asset Returns and Monetary Policy, with Francisco Palomino, (under 2-round review in Journal of Monetary Economics)

　　Intangible Assets and Cross-Sectional Stock Returns: Evidence from Structural Estimation, with Laura X.L.Liu (under review in Management Science)

　　What Do Nominal Rigidities and Monetary Policy Tell Us about the Real Yield Curve?, with Alex Hsu and Francisco Palomino

　　Investment and Inventory Management under Financial Constraints: Theory and Evidence, with Sudipto Dasgupta and Dong Yan

　　Working Projects

　　Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model, with Haitao Li and Cindy Yu

　　Does Corporate Governance Affect the Cost of Equity Capital?, with Di Li

　　Underwriter Collusion and IPO Pricing, with Fangjian Fu and Evgeny Lyandres

　　Stock Returns under Imperfect Competition, with Cecilia Bustamante and Francisco Palomino