熊伟
教授(普林斯顿大学), 深圳数据经济研究院学术院长
美国杜克大学金融学博士
美国哥伦比亚大学物理学硕士
中国科技大学物理学学士
熊教授于2001年获得杜克大学金融学博士学位,在此之前,他获得中国科技大学物理学学士和美国哥伦比亚大学物理学硕士学位。他现任美国普林斯顿大学金融学讲座教授及经济学教授,香港中文大学(深圳)经管学院学术院长。熊教授是全世界金融界中最具影响力的研究学者之一,在国际学术圈及政府决策层中都发挥过重要影响力。他在世界顶尖经济及金融杂志发表过四十余篇关于各类研究主题的论文,例如投机泡沫、金融危机、行为金融学、大宗商品金融化、中国金融市场、数据经济等。熊教授曾获多项荣誉,包括美国金融学会2012年度史密斯·伯林顿最佳论文奖、美国西部金融学会2013年度纳斯达克集团最佳论文奖、中国2015年首届孙冶方金融创新奖、2018年中国当代经济学奖。他于2016年出任美国金融学会旗帜期刊Journal of Finance联合主编。
1. "China’s Model of Managing the Financial System",Markus K. Brunnermeier, Michael Sockin, Wei Xiong,The Review of Economic Studies,Forthcoming
2. "Learning about the Neighborhood",Zhenyu Gao, Michael Sockin, Wei Xiong,The Review of Financial Studies,Forthcoming
3. "The Whack-A-Mole Game: Tobin Taxes and Trading Frenzy",Jinghan Cai, Jibao He, Wenxi Jiang, Wei Xiong,The Review of Financial Studies,Forthcoming
4. "Economic Consequences of Housing Speculation",Zhenyu Gao, Michael Sockin, and Wei Xiong,Review of Financial Studies,Forthcoming
5. "Banking Crises without Panics",Matthew Baron, Emil Verner, and Wei Xiong,THE QUARTERLY JOURNAL OF ECONOMICS,Volume 136, Issue 1, February 2021, Pages 51–113
6. "Daily Price Limits and Destructive Market Behavior",Chen, T., Gao, Z., He, J., Jiang, W., and Xiong, W.(2018),Journal of Econometrics,2019
7. "Credit Expansion and Neglected Crash Risk",Baron, M., Xiong, W. (2017),Quarterly Journal of Economics,132, 713-764
8. "Market Segmentation and Differential Reactions of Local and Foreign Investors to Analyst Recommendations",Jia, C., Wang, Y., Xiong, W. (2017),Review of Financial Studies,30, 2972-3008
9. "China's Gradualistic Economic Approach and Financial Markets",Wei XIONG, Markus Brunnermeier and Michael Sockin,American Economic Review Papers & Proceedings,2017
10. “Informational Frictions and Commodity Markets”,with Michael Sockin,Journal of Finance,2015
11. “Demystifying the Chinese Housing Boom”,Wei XIONG, Hanming Fang, Quanlin Gu and Li-An Zhou,NBER Macroeconomics Annual,Vol. 30, pp 105-166, 2015
12. "Convective Risk Flows in Commodity Futures Markets",Ing-haw Cheng, Andrei Kirilenko, and Wei Xiong,Review of Finance,2015
13. “A Welfare Criterion for Models with Distorted Beliefs”,with Markus Brunnermeier and Alp Simsek,Quarterly Journal of Economics,129 (4), 2014, 1711-1752
14. "The Financialization of Commodity Markets",Ing-haw Cheng and Wei Xiong,Annual Review of Financial Economics,2014
15. “Why Do Hedgers Trade So Much?”,with Ing-haw Cheng,Journal of Legal Studies,43, 2014, S183-207
16. “Wall Street and the Housing Bubble”,with Ing-haw Cheng and Sahil Raina,American Economic Review,104, 2014, 2797-2829
17. “Delegated Asset Management, Investment Mandates, and Capital Immobility”,with Zhiguo He,Journal of Financial Economics,2013, Vol 107, 239-258 (lead article)
18. “Realization Utility”,with Nicholas Barberis,Journal of Financial Economics,2012, Vol. 104, 251-271
19. “Rollover Risk and Credit Risk”,with Zhiguo He,Journal of Finance,2012, Vol. 67, 391-429 (lead article). 2012 Smith Breeden Prize (first prize)
20. “Dynamic Debt Runs”,with Zhiguo He,Review of Financial Studies,2012, Vol. 25, 1799-1843
21. “Index Investment and Financialization of Commodities”,with Ke Tang,Financial Analysts Journal,2012, Vol. 68, 54-74
22. “The Chinese Warrants Bubble”,with Jialin Yu,American Economic Review,2011, Vol. 101, 2723-2753
23. “Heterogeneous Expectations and Bond Markets”,with Hongjun Yan,Review of Financial Studies,2010, Vol. 23, 1433-1466
24. “What Drives the Disposition and Momentum Effects? An Analysis of a Recent Preference-Based Explanation”,with Nicholas Barberis,Journal of Finance,2009, Vol. 64, 751-784
25. “Advisors and Asset Prices: A Model of the Origins of Bubbles”,with Harrison Hong and Jose Scheinkman,Journal of Financial Economics,2008, Vol. 89, 268-287
26. “Executive Compensation and Short-termist Behavior in Speculative Markets”,with Patrick Bolton and Jose Scheinkman,Review of Economic Studies,2006, Vol. 73, pp. 577-610
27. “Asset Float and Speculative Bubbles”,with Harrison Hong and Jose Scheinkman,Journal of Finance,2006, Vol. 61, pp. 1073-1117. Final list of the Smith Breeden Best Paper Award
28. “Investor Attention, Overconfidence and Category Learning”,with Lin Peng,Journal of Financial Economics,2006, Vol. 80, pp. 563-602
29. “Overconfidence and Speculative Bubbles”,with Jose Scheinkman,Journal of Political Economy,2003, Vol. 111, pp. 1183-1219. Reprinted in New Perspectives on Asset Price Bubbles, edited by Douglas D. Evanoff, George G. Kaufman and A. G. Malliaris, 2012, Oxford University Press
30. “Convergence Trading with Wealth Effects: An Amplification Mechanism in Financial Markets”,Wei Xiong,Journal of Financial Economics,2001, Vol. 62, pp. 247-292
31. “Contagion as a Wealth Effect”,with Albert Kyle,Journal of Finance,2001, Vol. 56, pp. 1401-1440. Roger Murray Prize in 2001 Q-group meetings