pp电子

2022 - 至今 pp电子金融系 副教授、博士生导师

2018 - 2021 pp电子金融系 助理教授、博士生导师

2016 - 2018 英格兰银行，经济学家

投资学（本科、硕士）、金融实务课堂（硕士）、金融市场与金融机构（硕士）、学术综合训练

• 研究领域：资产定价，金融机构（基金、保险、做市商），国际金融，人工智能与金融

• 个人主页：https://sites.google.com/view/tianyu-wang/home

发表：

• "Unintended Consequences of Holding Dollar Assets" , with Robert Czech, Shiyang Huang, and Dong Lou, 2025, Journal of Finance (forthcoming)

• "Global Volatility and Firm-Level Capital Flows" , with Marcin Kacperczyk and Jaromir Nosal, 2025, Journal of Financial Economics, 169

• "The correlation risk premium: international evidence" , with Robert Kosowski and Faria Goncalo, 2022, Journal of Banking and Finance, 136:1-14

• "Do Foreign Investors Improve Price Efficiency?", with Marcin Kacperczyk and Savitar Sundaresan, 2021, Review of Financial Studies, 34(3), 1317-1367.

• "Informed Trading in the Government Bond Market" , with Robert Czech, Shiyang Huang, and Dong Lou, 2021, Journal of Financial Economics, 142(3), 1253-1274

• "Currency Mispricing and Dealer Balance Sheets" , with Gino Cenedese and Pasquale Della Corte, 2021, Journal of Finance, 76, 2763-2803.

• 金融科技改善你的基金投资了吗?——基于基金销售渠道的分析， 与钟超杰, 赵淳, 高峰, 王倩 ，2024， 《金融研究》

工作论文：

Macro Financial Markets

• "FX Option Volume", with Robert Czech, Pasquale Della Corte, and Shiyang Huang, 2025, (2rd) R&R, Journal of Finance

• "Energy Prices and the Carbon Premium" (with Patrick Bolton and Marcin Kacperczyk), 2024.

• "Stablecoin Flows, Dollar Convenience Yields and Exchange Rates", with Shiyang Huang, Dong Lou, and Zhenhan Shao, 2026

Artificial Intelligence, Investors and Financial Markets

• "Different Opinions or Information Asymmetry: Machine-based Measurement and Consequences", with Kang Guo and Yang Liu, 2024

• "Large Language Model Disagreement", with Jiatao Liu and Yang Liu, 2025

• "Emotions and Fund Flows: Evidence from Managers’ Live Streams", with Marcin Kacperczyk, Mingrui Liu, and Xueyong Zhang, 2025.

• "Does Artificial Intelligence Reduce Investor Disagreement? Evidence from AI-Human Interactions Data", with Shiyang Huang, Zhenhan Shao, Yaling Song, and Jian Xue, 2026

China Market and Others

• "IPO Lottery, Mutual Fund Performance, and Market Stability", with Feng Gao, Jingchen Yang and Bulin Wang, 2025

• "Variation in Put-Call Parity Violation and Option Returns",  with Chun Liu,  Yintian Wang and Hong Xiang, 2022

• "Overnight-Intraday Reversal Everywhere", with Chun Liu, Yang Liu, Guofu Zhou, and Yingzi Zhu, 2020

• 国家自然科学基金（优秀青年科学基金项目），主持，2024-2026

• 国家自然科学基金（青年科学基金项目），主持，2021-2024

• 2025 大数据与市场微观结构会议，最佳论文奖（runner up）

• 2021 PwC 3535 金融/会计年度最佳论文奖

• 2019 International Finance Conference, Best Paper Award

• 2019 China International Conference in Finance, Best Paper Award

• 清华大学经管pp电子2024-2025年度优秀班主任

• 清华大学2023/2025优秀硕士学位论文指导老师

• 清华大学2020/2022优秀学士学位论文指导老师

• 清华大学经管pp电子2021/2023科研优秀奖

• 清华大学经管pp电子2019/2025先进工作者