Hefei Wang

 Assistant Professor of Finance
 College of Business Administration
 University of Illinois at Chicago

 

University Education

Ph.D. in Finance, Graduate School of Business, Stanford University
    Thesis: Essays in Corporate Finance
    Committee: Anat Admati, Peter DeMarzo, Jeffrey Zwiebel

B.A. in Mathematics and Computer Science, Wellesley College, Wellesley, MA
    Summa Cum Laude, Phi Beta Kappa (junior year) 

Curriculum Vitae

PDF

Teaching

FIN 300 Introduction to Managerial Finance
FIN 320 Managerial Finance
FIN 500 Introduction to Corporate Finance
FIN 594 Fixed Income Securities

Research Interests

Corporate finance, information economics, contract theory, game theory.

Research Papers

Staged-Financing Contracts with Private Information  (Journal of Financial Intermediation, 2008, Apr., Vol 17, Issue 2)

A Theory of Reputation Acquisition of Stock Analysts (Journal of Applied Economics, November 2009, Vol XII, Number 2 )

Leverage Management  joint with Chenyang Wang (Mathematics and Financial Economics, Volume 3, Number 3-4)

The Reflection of Macroeconomics in the Western Academic Circle after the Financial Crisis joint with Feng Junxin, He Ping, David D. Li (Economic Perspectives, November, 2011,11-17)
 
Economic Perspectives is a top peer refereed journal in theoretical Economics and most cited among 24 topics journals in China

Costly Information Transmission in Continuous Time with Implications for Credit Rating Announcements (accepted by Journal of Economic Dynamics and Control)

Leverage Management in a Bull-Bear switching market joint with Min Dai and Zhou Yang (accepted by Journal of Economic Dynamics and Control)

Reevaluating the Roles of Large Public Surpluses and Sovereign Wealth Funds in Asia joint with Bernard Lee (Asian Development Bank Institute Working Paper)

Perverse Incentives at the Bank? Evidence from a Natural Experiment joint with Sumit Agarwal (Federal Reserve Bank of Chicago working paper)
   
American Economic Association 2009 paper

A General Framework for Costly Information Transmission in Continuous Time with Min Dai and Yizhou Cao (work in progress)

 

Other Papers

The Expectation Hypothesis of Term Structure: Do outliers explain the rejection of the EH with US data?

Forward-looking Satiation and the Variety Seeking Behavior in Consumer Choice joint with Song-oh Yoon

Well-posedness, Decay Estimates and Blow-Up Theorem for the Forced NLS joint with Charles Bu, Randy Shull and Millie Chu, 2001,
    Journal of Partial Differential Equations, 14 (1): 61-70

On the Forced Nonlinear Schrodinger Equation joint with Charles Bu, Randy Shull and Millie Chu, 2000
    Mathematical and Numerical Aspects of Wave Propagation, Society of Industrial and Applied Mathematics, 626-630

 


Contact Info:

Office Mailing Address:
Department of Finance
601 S. Morgan St.
M/C 168
Chicago, IL, 60607
USA
E-mail: hfwang at uic dot edu



Last updated 01/19/2011
  
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