Yang Liu

Dr. Yang Liu joined The University of Hong Kong as Assistant Professor of Finance in 2017. He received his Ph.D. in Economics from University of Pennsylvania, and his B.A. in Economics from Fudan University.

His research interests span asset pricing, macro-finance and international finance. He has won the 2018 Annual Conference in International Finance Best Paper Award and the Cubist Systematic Strategies PHD Candidate Award for Outstanding Research by Western Finance Association. He has been a visiting scholar at the International Monetary Fund and the World Bank, and was a research associate at the Federal Reserve Bank of Philadelphia.

Research Interest

• Asset Pricing
• Macro-Finance
• International Finance

Academic & Professional Qualification

• Ph.D., University of Pennsylvania
• B.A., Fudan University

Selected Publications

• “Volatility, Intermediaries, and Exchange Rate” (with Xiang Fang), Journal of Financial Economics, forthcoming
• “Government Policy Approval and Exchange Rate” (with Ivan Shaliastovich), Journal of Financial Economics, forthcoming
• “Volatility Risk Pass-Through” (with Ricardo Colacito, Mariano M. Croce, and Ivan Shaliastovich), Review of Financial Studies, forthcoming