黃春燕[長江商學院金融學教授]

黃春燕[長江商學院金融學教授]

黃春燕博士現為長江商學院金融學教授。黃教授於2003年獲得麻省理工大學斯隆管理學院(MIT Sloan School of Management)金融學博士學位,並曾任德克薩斯大學奧斯汀分校(The University of Texas at Austin)金融學終生副教授,講授EMBA及博士學位的課程。她在稅收、資產流動性、均衡資產定價,及基金管理等領域具有豐富的學術研究經驗。

基本信息

主要研究領域

黃春燕教授的主要研究領域包括共同基金、資產流動性、賦稅研究以及均衡資產定價。

學術成就

•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

主要學術成果

Publications

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

•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)

•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)

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

•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)

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

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

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

Working Papers

•Complex Mortgages(with Gene Amromin, Clemens Sialm, and Edward Zhong, May 2012.)

•Investor Learning and Mutual Fund Flows(with Kelsey D. Wei and Hong Yan, March 2012)

•Optimal Liquidity Policy(with Jiang Wang, July 2010)

•Internal Capital Allocation and Firm Performance(with Ilan Guedj and Johan Sulaeman, September 2009)

•Are ETFs Replacing Index Mutual Funds?(with Ilan Guedj, April 2009, received 2007 McCombs Research Excellence Grant and 2008 Q-group Grant)

Work-in-Progress

•Capital Structure and Government Debt: International Evidence (with Irem Demirci and Clemens Sialm)

•Mortgage Complexity and House Price Dynamics (with Gene Amromin, Clemens Sialm, and Edward Zhong.)

•Mutual Fund Flows and Asset Prices (with Clemens Sialm and Hanjiang Zhang)

•Aggregate Capital Flow across Industries (with Johan Sulaeman)

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