五道口金融学院

教师简历

刘悦

副教授

清华大学五道口金融学院金融大数据研究中心副主任

中国 北京(100083)

清华大学五道口金融学院


Email: liuyue@pbcsf.tsinghua.edu.cn

教师秘书:8610- 62706058

传真:8610-62789548



简历

个人简介

刘悦博士现任清华大学五道口金融学院副教授。刘悦于2013年毕业于香港科技大学,获得金融学博士学位。此前获得了香港大学经济及金融学学士学位。

刘悦的研究领域包括理论及实证资产定价、国际金融市场、金融市场摩擦、中国经济。他的研究成果发表于Economics Letters。刘悦的研究成果曾获得亚洲资本市场最佳论文2012年度奖。


教育背景

2008-2013         香港科技大学     金融学                                      博士学位

2006-2008         香港大学            经济及金融学                            学士学位

2004-2006         清华大学            基础科学班(数学物理)           转学


工作经历

2021至今           清华大学五道口金融学院                                      副教授

2018至今           清华大学五道口金融学院金融大数据研究中心       副主任

2013-2021         清华大学五道口金融学院                                     助理教授



主要研究领域

资产定价、国际金融市场、金融市场摩擦、中国经济


讲授课程

高级资本市场理论、金融统计与计量学、金融数据分析:方法及应用

       

荣誉及奖项

研究

1. “Watching from the Sky: Business Observability and Voluntary Disclosure” -- Big Data and MRS Excellence Award, 2021

2. “Life is Too Short? Bereaved Managers and Investment Decisions” -- Emerald Best Paper Award, 2019

3. “Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program” -- CFA  Asia Capital Markets Research Prize, 2016

4. “Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program” -- Chicago Quantitative Alliance (CQA) Asia Academic Competition Winner Paper, 2016

5. “Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program” -- 23rd SFM Best Paper Award, 2015

6. “Dual-Listed Shares and Trading” -- CFA Asia Capital Markets Research Prize, 2012


教学

Graduate Course Excellence Award, Tsinghua University, 2016


学术访问

Mar.-Apr. 2018          W. P. Carey School of Business, Arizona State University   

        Jan. 2020          


发表成果

期刊论文

1. “Is the Chinese Anti-Corruption Campaign Authentic? Evidence from Corporate Investigations” with John Griffin and Shu Tao, Management Science, 2021.

2. “Do Demand Curves for Stocks Slope Down in the Long Run: Evidence from the Chinese Split-Share Structure Reform” with Baolian Wang, Critical Finance Review, Forthcoming.

3. “Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program” with Shujing Wang and K.C. John Wei, Journal of Banking and Finance, Forthcoming.

(23rd SFM Best Paper Award, Chicago Quantitative Alliance (CQA) Asia Academic Competition Winner Paper, CFA Asia Capital Markets Research Prize)

4. “Investment, Idiosyncratic Risk, and Growth Options” with Shujing Wang, Journal of Empirical Finance, 61, 118-138, 2021.

5. “What Drives Fluctuations in Exchange Rate Growth in Emerging Markets -- A Multi-Level Dynamic Factor Approach” with Ben Wang, Huanhuan Wang and Ji Zhang, Economic Systems, 43(2), 2019.

6. “The Demand Effect of Yield-Chasing Retail Investors: Evidence from the Chinese Enterprise Bond Market” with Shujing Wang, K.C. John Wei and Ninghua Zhong, Journal of Empirical Finance, 50, 57-77, 2019.

7. “Is the Stock Market a Casino” with Peixin Li and Baolian Wang, Finance and Trade Economics, 68-79, 2014(3). (in Chinese)

8. “Trading Imbalances and the Law of One Price” with M.S. Seasholes, Economics Letters, 112, 132-134, 2011.


工作论文

1. “Life is Too Short? Bereaved Managers and Investment Decisions” with Tao Shu, Johan Sulaeman, and P. Eric Yeung 

      (Conditionally Accepted at Review of Finance)

(Emerald Best Paper Award)

2. “Watching from the Sky: Business Observability and Voluntary Disclosure” with Yancheng Qiu, Shujing Wang and P. Eric Yeung

(Big Data and MRS Excellence Award)

3. “Bank Loan Announcement Effects — Evidence from a Comprehensive 8-K Sample” with Steven Wei Ho, and Shujing Wang

4. “Information Production, Volume, and Return Dynamics” with Lei Mao and Mark S. Seasholes

5. “Dual-Listed Shares and Trading” with Mark S. Seasholes

     (CFA Asia Capital Markets Research Prize)

6. “The Margin-based Asset Pricing Model: Evidence from the Chinese Stock Market” with Shujing Wang and K.C. John Wei

7. “Automating Technical Analysis with Artificial Intelligence” with Shuyue Chen and Shujing Wang

    (Best Paper Award of Fintech Sub-Forum at the 5th Economics and Finance PhD Forum)



会议发言与研讨

2021   Peking University, China Fintech Research Conference, Modern Risk Society Seminar, 

           China International Risk Forum

2020   American Finance Association Annual Meeting; 

           Midwest Finance Association Annual Meeting; 

           Workshop on Structured Retail Products and Derivatives; 

           FMA European Conference; Five-Star Workshop in Finance; 

           Tongji University School of Economics and Management;

           China International Risk Forum and China Finance Review International Joint Conference;         

2019   Finance Down Under Conference; FMA European Conference; 

           FMA Asia/Pacific Conference; China Finance Review International Conference; 

           Tongji University School of Economics and Management; 

           Paris Financial Management Conference; Paris December Finance Meeting 

2018   FMA Annual Meeting; 30th Asian Finance Association Annual Meeting; 

           FMA Asia/Pacific Conference; China Financial Research Conference; 

           Arizona State University; Jinan University 

2017   American Economic Association Annual Meeting; China Financial Research Conference;

           Financial Intermediation Research Society Annual Conference; 

           Summer Institute of Finance Annual Conference; 

           12th Conference on Asia-Pacific Financial Markets; 

           SFS Cavalcade Asia-Pacific; Shanghai University of Finance and Economics 

2016   28th Asian Finance Association Annual Meeting; 

           European Financial Management Association Annual Conference; 

           China International Conference in Finance; 

           MIT Asia Conference in Accounting; 

           4th Paris Financial Management Conference; 

           Shanghai Jiaotong University Antai College of Economics and Management; 

           Tsinghua University School of Economic and Management 

2015   China International Conference in Finance; Five Star Workshop in Finance; 

           23rd Conference on the Theories and Practices of Securities and Financial Markets 

2013   Hong Kong University of Science and Technology; Tsinghua PBC School of Finance;

           Queen’s University Belfast; Stockholm University 

2012   Erasmus Liquidity Conference


指导学生

博士后:田晖,毕业去向:北京理工大学经济管理学院助理教授



学术期刊评审人

Management Science;  Journal of Financial and Quantitative Analysis;  Review of Finance; Journal of Banking and Finance;  Journal of Corporate Finance;  Journal of Empirical Finance; Journal of Economic Dynamics and Control;  Economica;  China Economic Review;  Pacific-Basin Finance Journal;  Asia-Pacific Journal of Financial Studies;  China Finance Review International;  Financial Review;  China Economic Quarterly International