Xiong Wei
Professor
School of Life Sciences
University of Science and Technology of China
China
Biography
Professor Xiong received his Ph.D in Finance from Duke University in 2001. Prior to that, he earned Bachelor’s degree from the University of Science and Technology of China and Master’s degree from Columbia University, both in Physics. He is the Trumbull-Adams Professor of Finance and Professor of Economics in the Department of Economics and Bendheim Center for Finance, Princeton University. He is also a Research Associate of the National Bureau of Economic Research in the U.S. Professor Xiong is one of the world’s most influential scholars in the area of finance. His research interests center on capital market frictions and behavioral finance. He has published in top economics and finance journals on a wide range of research topics, such as speculative bubbles, asset pricing with heterogeneous beliefs, asset market contagion, limited investor attention, nonstandard investor preferences, financialization of commodity markets, belief distortions in the recent financial crisis, and China’s financial markets. He has received multiple prestigious awards, including the 2012 Smith Breeden Award (first prize) from the American Finance Association, the 2013 NASDAQ OMX Award from the Western Finance Association, and the inaugural Sun Yefang Financial Innovation Award in 2015. He currently serves as Co-Editor of Journal of Finance, the flagship journal of American Finance Association.
Research Interest
1) Ligand-gated ion channels, especially glycine receptor 2) Cellular and molecular mechanisms of pain modulation and motor function 3) Cellular and molecular mechanisms of neurodegenerative diseases 4) Small molecule drug discovery
Publications
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“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.
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“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.
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Convergence Trading with Wealth Effects: An Amplification Mechanism in Financial Markets†Journal of Financial Economics, 2001, Vol. 62, pp. 247-292.