五道口欧洲杯外围竞猜_欧洲杯盘口-投注|官网学院

教师简历

施展

副教授

中国 北京(100083)

清华大学五道口欧洲杯外围竞猜_欧洲杯盘口-投注|官网学院


Email: shizh@pbcsf.tsinghua.edu.cn

教师秘书:8610-62706058

传真:8610-62789548

简历

个人简介

施展博士现任清华大学五道口欧洲杯外围竞猜_欧洲杯盘口-投注|官网学院副教授。施展于2014年毕业于美国宾夕法尼亚州立大学 Smeal 商学院,获得欧洲杯外围竞猜_欧洲杯盘口-投注|官网学博士学位。在此之前,他获得了复旦大学的统计学学士学位, 他曾经在俄亥俄州立大学欧洲杯外围竞猜_欧洲杯盘口-投注|官网系,担任访问助理教授。 

施展的研究领域是固定收益,市场微观结构,宏观欧洲杯外围竞猜_欧洲杯盘口-投注|官网,动态公司欧洲杯外围竞猜_欧洲杯盘口-投注|官网、欧洲杯外围竞猜_欧洲杯盘口-投注|官网科技。他欧洲杯外围竞猜_欧洲杯盘口-投注|官网:时变模糊性下资产定价的研究曾获得 Western Finance Association 2014年年会的最佳博士生论文奖。


学术任职

2021-至今             清华大学五道口欧洲杯外围竞猜_欧洲杯盘口-投注|官网学院             副教授

2016-2021            清华大学五道口欧洲杯外围竞猜_欧洲杯盘口-投注|官网学院             助理教授

2014-2016            俄亥俄州立大学欧洲杯外围竞猜_欧洲杯盘口-投注|官网系                访问助理教授
 

教育背景

2014                    宾夕法尼亚州立大学帕克校区      欧洲杯外围竞猜_欧洲杯盘口-投注|官网系        博士学位

2008                     复旦大学                                    统计系       学士学位

 

研究领域

固定收益、市场微观结构、动态公司欧洲杯外围竞猜_欧洲杯盘口-投注|官网、欧洲杯外围竞猜_欧洲杯盘口-投注|官网科技


发表成果

英文论文

  • "Time-Varying Ambiguity, Credit Spreads, and the Levered Equity Premium", Journal of Financial Economics, 2019, 134 (3): 617-646.

  • "Specification Analysis of Structural Credit Risk Models"with Jingzhi Huang and Hao Zhou, Review of Finance, 2020, 24 (12): 45-98.

  • "What do we know about corporate bond returns?"with Jingzhi Huang, Annual Review of Financial Economics2021, 13 (1): 363-399.

  • "Machine-Learning-Based Return Predictors and the Spanning Controversy in Macro-Finance"with Jingzhi Huang, Management Science, 2023, 69 (3): 1323-1934.  

  • "Determinants of Short-Term Corporate Yield Spreads — Evidence from the Commercial Paper Market"with Jingzhi Huang and Bibo Liu, Review of Finance 2023, 27 (2): 539-579.

  • "The Global Credit Spread Puzzle", with Jingzhi Huang and Yoshio Nozawa, Journal of Finance, forthcoming.

 

中文论文

  • 违约风险传染的避险效应与溢出效应:隐性担保预期的视角,经济研究,2022年11月刊(合作者:陈卓、何治国、祝小全)

  • 债务协商、再融资风险与信用债定价——来自中国债券市场的证据欧洲杯外围竞猜_欧洲杯盘口-投注|官网研究,2023年10月刊(合作者:刘碧波,叶彦义)

  • 汇率改革对中国外汇市场有效性的影响一一基于利率平价理论的实证研究,经济管理学刊,2023年第4期(合作者: 胡杏,金昭,李思

                                                                 

工作论文

  • “Risk and Return Tradeoff in the Secondary Loan Market", with Turan Bali and Fang Qiao

  • “Hedging Interest Rate Risk in the Corporate Bond Market", with Jingzhi Huang, R&R

  • “Real Effects of Debt Markets: Corporate Bond Illiquidity and Risk-Taking", with Jingzhi Huang, Yuan Wang and Rui Zhong

  • “Corporate Basis and the International Role of The Dollar", with Grace Hu, Ganesh Viswanath-Natraj and Junxuan Wang

  • “Understanding Term Premia on Real Bonds", with Jingzhi Huang


合著书籍

Model Selection for High-Dimensional Problems (with Jingzhi Huang and Wei Zhong), 2013, Handbook of Financial Econometrics and Statistics, edited by C.F. Lee and John Lee, Chapter 77, Springer Verlag.

 

教学经历

2023                Dynamic Asset Pricing(Tsinghua,PhD)

2021-2023       Interest Rate Models (Tsinghua, Master in Finance)

2021-2023       FinTech and Financing Innovation (Tsinghua, Master in Finance)

2020-2023       Fixed Income, Currencies and Commodities (Tsinghua, Master in Finance)

2016-2019       Financial Derivatives (Tsinghua, undergraduate)

2016-2019       Financial Risk Management (Tsinghua, undergraduate)

2014-2016       Options & Futures I (OSU, undergraduate)

2014-2016       Fixed Income & Credit Risk (OSU, MBA & Master in Finance)

2012                Derivative Markets (PSU, undergraduate)

2010-2011       Security Analysis and Portfolio Management (PSU, undergraduate)


匿名审稿人

Journal of Finance, Review of Financial Studies, Review of Finance, Management Science, Journal of Financial and Quantitatie Analysis, Journal of Money, Credit and Banking, Journal of Business & Economic Statistics, Journal of Corporate Finance, Journal of Empirical Finance, Journal of Banking & Finance


荣誉和奖励

2023                Tsinghua Outstanding Thesis Advisor

2023                CFRN Annual Meetings Best Paper Award

2018                PBC School of Finance Outstanding Research Award

2015-2016       Research Fellow, Charles A. Dice Center for Research in Financial Economics

2014                WFA Cubist Systematic Strategies Ph.D. Candidate Award

2012                Kenneth J. Carey Memorial Scholarship

2012                Competitive Dissertation Summer Award

2009-2013       Smeal Research Grant Award

2008                Fudan Best Undergraduate Thesis Prize