Hui Chen

Associate Professor of Finance

Biography | Selected Publications

"Debt, Taxes, and Liquidity." Bolton, Patrick, Hui Chen and Neng Wang, Columbia Business School Working Paper 14-17. New York, NY: Columbia Business School, November 2014.

"Macroeconomic Risk and Debt Overhang." Chen, Hui and Gustavo Manso, Working Paper. 2014.

“Dynamic Asset Allocation with Ambiguous Return Predictability.” Chen, Hui, Nengjiu Ju and Jianjun Miao. Review of Economic Dynamics Vol. 17, No. 4 (2014): 799-823. (2014)

"Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle." Chen, Hui, Rui Cui, Zhiguo He, Konstantin Milbradt, NBER Working Paper 20638. April 2014.

"Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty." Chen, Hui, Michael Michaux and Nikolai Roussanov, NBER Working Paper 19421. Cambridge, MA: National Bureau of Economic Research, September 2013.

"Measuring the "Dark Matter" in Asset Pricing Models." Hui Chen, Leonid Kogan and Winson Wei Dou. In Proceedings of the 2013 Red Rock Finance Conference. Springdale, UT: September 2013. 

“Comment on ‘Systemic Sovereign Credit Risk: Lessons from the U.S. and Europe’ by Ang and Longstaff.” Chen, Hui. Journal of Monetary Economics Vol. 60, No. 5 (2013): 511-516. (2013)

“Market Timing, Investment, and Risk Management.” Bolton, Patrick, Hui Chen and Neng Wang. Journal of Financial Economics Vol. 109, No. 1 (2013): 40-62. (2013)

"Demand for Crash Insurance, Intermediary Constraints, and Risk Premia in Financial Markets." Chen, Hui, Scott Joslin and Sophie X. Ni, AFA 2013 San DIego Meetings Paper. American Finance Association 2013 Meetings, 2013.

"Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads." Chen, Hui, Yu Xu and Jun Yang, NBER Working Paper 18367. September 2012.

Generalized Transform Analysis of Affine Processes and Applications in Finance.” Chen, Hui and Scott Joslin. Review of Financial Studies Vol. 25, No. 7 (2012): 2225-2256. (2012)

“Rare Disasters and Risk Sharing with Heterogeneous Beliefs.” Chen, Hui, Scott Joslin and Ngoc-Khanh Tran. Review of Financial Studies Vol. 25, No. 7 (2012): 2189-2224. (2012)

“A Unified Theory of Tobin’s q, Corporate Investment, Financing, and Risk Management.” Bolton, Patrick, Hui Chen and Neng Wang. Journal of Finance Vol. 66, No. 5 (2011): 1545-1578. (2011)

“Entrepreneurial Finance and Non-diversifiable Risk.” Chen, Hui, Jianjun Miao and Neng Wang. Review of Financial Studies Vol. 23, No. 12 (2010): 4348-4388. (2010)

Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure.” Chen, Hui. Journal of Finance Vol. 65, No. 6 (2010): 2171-2212. (2010)

Affine Disagreement and Asset Pricing.” Chen, Hui, Scott Joslin, and Ngoc-Khanh Tran. American Economic Review Vol. 100, No. 2 (2010): 522-526. (2010)

"Asset Pricing with Uncertainty about the Long Run." Chen, Hui and Michal Pakos, Working Paper. 2008.

"Idiosyncratic Risks, Asymmetric Information, and Entrepreneurial Financing." Hui Chen, Jianjun Miao and Neng Wang. (2008)

"Solving Asset Pricing Models with Recursive Preferences." Hui Chen. (2007)

"Can Information Costs Explain the Equity Premium and Stock Market Participation Puzzles?" Chen, Hui, University of Chicago Working Paper. Chicago, IL: University of Chicago GSB, November 2006.

"Can Information Costs Explain the Equity Premium and Stock Market Participation Puzzles?" Hui Chen. (2006)

"Market Conditions and Strategic Release of Information." Hui Chen.  (2004)

 

Contact Information
Office: E62-637
Tel: (617) 324-3896
Fax: (617) 258-6855
Support Staff
Name: Claudine Monique
Tel: (617) 324-7023
Group(s)

Research Center(s)

General Expertise
Asset pricing; Bond markets; Bond pricing; Credit-default swap; Derivatives; Financial engineering; Liquidity; Options; Options pricing valuation; Risk management