Jennifer Li

I am a Finance PhD candidate at INSEAD. My research interests include empirical asset pricing, behavioral finance, financial intermediation, retail investor and institutional investor trading.

I will join the Department of Finance at Shanghai Advanced Institute of Finance as an Assistant Professor in the summer of 2018.

Working Papers

• An Anatomy of Arbitrageurs: Evidence from Open-End Structured Funds
  Conference presentation at AFA PhD Poster Session 2018 (Philadelphia), Paris Financial Management Conference 2016, Wharton–INSEAD PhD Consortium 2017, Finance Brown Bag Seminars INSEAD 2016/2017, Finance Seminar PBC School of Finance, Tsinghua University 2017

• Culture vs. Bias: Can Social Trust Mitigate the Disposition Effect? (Joint with Massimo Massa and Hong Zhang)
  Conference presentations at AFA 2018 (Philadelphia), FMA Asia Pacific Conference 2017, Asian Finance Association Annual Conference 2017

• Behavioral Bias in Haze: Evidence from Air Pollution and the Disposition Effect in China (Joint with Massimo Massa, Hong Zhang and Jian Zhang)
  Conference presentations at ABFER 2017, China International Conference in Finance 2017, Asian Finance Association Annual Conference 2017, SFS Cavalcade Asia-Pacific 2017

• Are Mutual Fund Investors Reluctant to Realize Their Losses? Trading Responses to Past Returns
  INSEAD PhD presentation

Experience

• Assistant Professor Of Finance
  Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University

• PhD candidate in Finance
  INSEAD

• Internship
  HUATAI SECURITIES CO., LTD

• Project Assistant
  Accenture

• Internship
  RBS Invoice Finance

• Project Assistant
  China National Petroleum Corporation

Education

INSEAD Doctor of Philosophy (PhD), Finance, General

Renmin University of China Master's degree, Corporate Finance

Renmin University of China Bachelor of Business Administration (B.B.A.), Finance and Financial Management Services