曹泉伟

曹泉伟，男，芝加哥大学布斯商学院金融学博士。

现为清华大学五道口金融学院副院长，紫光讲席教授。

曹泉伟早年经历

1988.8-1993.6 美国芝加哥大学，金融学，博士学位。

1986.8-1988.6 美国肯塔基大学，统计学，硕士学位。

1980.8-1984.7 北京大学，数学系，学士学位。

曹泉伟工作履历

2013.5至今 清华大学五道口金融学院副院长，紫光讲席教授。

2007.5-2013 美国宾夕法尼亚州立大学商学院，金融系，讲席教授。

2005.5-2013 美国宾夕法尼亚州立大学商学院，金融系，教授。

1999.5-2005.5 美国宾夕法尼亚州立大学商学院，金融系，副教授。

2001-2002 William Elliott学者。

1993.11-1999.5 美国宾夕法尼亚州立大学商学院,金融系，助理教授。

1991 银行家信托公司（纽约）。

1991 美国富达管理研究公司（波士顿）。

学术期刊主编副主编：

主编，Pacific-Basin Finance Journal,2009至今。

副主编，Journal of Financial Markets,2000至今。

副主编，Review of Derivatives Research,2007至今。

副主编，Review of Quantitative Finance and Accounting,2006至今。

副主编，Pacific-Basin Finance Journal,2006-2008。

副主编，Annalsof Economics and Finance,2000至今。

曹泉伟主讲课程

金融决策理论 （博士生）。

期货及期权高级论题 （博士生）。

期货，期权与金融衍生品市场(M.B.A.)。

投资理论(M.B.A.)。

投资理论 （本科生）。

期货，期权与金融衍生品市场 （本科生）。

公司理财(EMBA)。

投资学(EMBA)。

曹泉伟研究方向

金融衍生品定价。

共同基金。

对冲基金。

信用风险管理。

金融市场微观结构。

管理层锁定期解套与股市流动性。

曹泉伟主要贡献

发表成果：

1. What Is the Nature of Hedge Fund Manager Skills? Evidence from the Risk Arbitrage Strategy (with Bradley Goldie, Bing Liang and Lubomir Petrasek), 2014,Journal of Financial and Quantitative Analysis, forthcoming.

2.Liquidity Risk and Institutional Ownership (with Lubomir Petrasek),Journal of Financial Markets, 21, 2014, 76-97.

3. Liquidity Risk in Stock Returns: An Event-study Perspective (with Lubomir Petrasek),Journal of Banking and Finance 45, 2014,72-83.

4. Can Hedge Funds Time Market Liquidity?, (with Yong Chen, Bing Liang and Andrew Lo),Journal of Financial Economics109, 2013, 493-516.

5. Do Mutual Fund Managers Time Market Liquidity?, (with Tim Simin and Ying Wang),Journal of Financial Markets 16, 2013, 279-307.

6. Pricing Credit Default Swaps with Option-Implied Volatility, (with Fan Yu and Ken Zhong),Financial Analysts Journal 67, 2011, 67-76.

7. Derivatives do Affect Mutual Fund Returns:Evidence from the Financial Crisis of 1998, (with Eric Ghysels and Frank Hatheway),Journal of Futures Markets 31, 2011, 629-658.

8. The Information Content of Option-Implied Volatility for Credit Default Swap Valuation, (with Fan Yu and Ken Zhong),Journal of Financial Markets 13, 2010, 321-343.

9. Can Growth Options Explain the Trend in Idiosyncratic Risk? (with Tim Simin and Jing Zhao),Review of Financial Studies 21, 2008, 2599-2633.

10. An Empirical Analysis of the Dynamic Relationship between Mutual Fund Flow and Market Return Volatility, (with Eric Chang and Ying Wang),Journal of Banking and Finance32, 2008,2111-2123.

11. The Information Content of an Open Limit Order Book, (with Oliver Hanscah and Xiaoxin Wang),Journal of Futures Markets 29, 2008, 16-41.

12. Order Placement Strategies in a Pure Limit Order Book Market, (with Oliver Hansch and Xiaoxin Wang),Journal of Financial Research,Vol. XXXI, 2008, 113-140.

13. Determinants of S&P 500 Index Option Returns, (with Jingzhi Huang),Review of Derivatives Research,10, 2008,1-38.

14. Informational Content of Option Volume Prior to Takeovers, (with Zhiwu Chen and John Griffin),Journal of Business, 78, 2005, 1073-1109.

15. Is Investor Misreaction Economically Significant? Evidence from Short- and Long-term Index Options, (with Haitiao Li and Fan Yu),Journal of Futures Markets, 25, 2005, 717-752.

16. Does Insider Trading Impair Market Liquidity: Evidence from IPO Lockup Expirations, (with Laura Field and Gordon Hanka),Journal of Financial and Quantitative Analysis39, 2004, 25-46.

17. Share Repurchase Tender Offers and Bid-Ask Spreads (with Heejoon Ahn and Hyuk Choe),Journal of Banking and Finance25, 2001, 445-478.

18. Price Discovery without Trading: Evidence from Nasdaq Pre-opening, (with Eric Ghysels and Frank Hatheway),Journal of Finance 56, 2000, 1339-1365.

19. Do Call Prices and the Underlying Stock Always Move in the Same Direction? (with Gurdip Bakshi and Zhiwu Chen),Review of Financial Studies 13, 2000, 549-584.

20. Pricing and Hedging Long-Term Options, (with Gurdip Bakshi and Zhiwu Chen),Journal of Econometrics 94, 2000, 277-318.

21. Empirical Performance of Alternative Option Pricing Models (with Gurdip Bakshi and Zhiwu Chen),Journal of Finance 52, 1997, 2003-2049.

On the list of the 50 top cited articles of all time from the Journal of Finance.

22. Does the Specialist Matter? Differential Execution Costs and Inter-Security Subsidization on the NYSE (with Hyuk Choe and Frank Hatheway),Journal of Finance 52, 1997, 1615-1640.

获金融管理学会1996年最佳文章奖

23. Decimalization and Competition Among Exchanges: Evidence from the Toronto Stock Exchange Cross-listed Securities, (with Heejoon Ahn and Hyuk Choe),Journal of Financial Markets 1, 1998, 51-87.

24. Evolution of Transitory Volatility over the Week (with Hyuk Choe),Annals of Economics and Finance, 1997, 49-78.

25. What is Special About the Opening: Evidence from NASDAQ (with Hyuk Choe and Frank Hatheway,Seoul Journal of Business, 1997, 1-36.

26. Tick Size, Spread and Volume, (with Heejoon Ahn and Hyuk Choe),Journal of Financial Intermediation5, 1996, 2-22.

27. Nonlinear Time Series Analysis of Stock Return Volatility, (with Ruey Tsay),Journal of Applied Econometrics7, 1992, 165-185.

28. Inequality Constraints in the Univariate GARCH Model, (with Daniel Nelson),Journal of Business & Economic Statistics10, 1992, 229-235.

国际学术期刊的评审人：

Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Business, Journal of Financial Markets, Journal of Financial Intermediation, Journal of Econometrics, Econometrica, Management Science, Journal of Business & Economic Statistics, Journal of Banking and Finance, Journal of Futures Markets, Journal of Empirical Finance, Review of Quantitative Finance and Accounting, Pacific-Basin Finance Journal, Review of Derivatives Research, Financial Management, Financial Review, International Economic Review, Journal of International Money and Finance, Canadian Journal of Economics。

校内外服务：

1. Conference Committee: Program Committee, Conference on Financial Economics and Accounting at the University of Maryland, 2010。

2. Graduate School of Pennsylvania State University: Graduate Council Committee, Penn State University, 2008-2010。

3. Pennsylvania State University: Senate Committee on Research, Penn State University, 2008-2010。

4. Program Chair, China International Conference in Finance sponsored by MIT’s Sloan School of Management and Tsinghua University, 2005-2008。

5. Finance Department Recruiting Committee, Penn State University, 2007-2011。

6. Advisor of Ph.D. Program in finance, Smeal College of Business, Pennsylvania State University: 2001-2006。

7. Smeal Chair Search Committee, Smeal College of Business, Penn State University, 2002-2004。

8. William Elliott Chair Search Committee,Smeal College of Business, Penn State University, 2000-2004。

9. Promotion and Tenure Committee, Smeal College of Business, Penn State University, 1995-1996, and 2001-2002。

10. Ph.D. Program Renewal Committee, Smeal College of Business, Penn State University, 2001。

11. Program Committee, Financial Management Association, 1996, 2002, 2012。

12. Program Committee, New York Stock Exchange Conference on U.S. Equity Markets in Transition, 1999。

13. University Grants Commission of Hong Kong, 1998-present。

14. Competitive Paper Award Committee, Financial Management Association, 1996。

曹泉伟获得荣誉

法国BNP Paribas银行对冲基金研究中心研究基金，2013。

美国房地产研究院研究基金，2012。

美国金融数量研究院研究基金，2010。

法国BNP Paribas银行对冲基金研究中心研究基金，2009。

美国联邦储蓄保险公司研究基金，2006-2007。

第三届诺丁汉特伦特大学经济、金融、会计国际会议最佳论文奖，2005。

摩根斯坦利研究基金，2004。

纽约证券交易所最佳论文奖, 1999。

金融管理学会最佳论文奖, 1996。

芝加哥大学奖学金, 1988 - 1991。

芝加哥大学证券价格研究中心研究基金，1990。

肯塔基大学奖学金, 1987–1988。

获纽约证券交易所1999年最佳文章奖。

获2001 年金融学刊Smith Breeden 优秀文章奖提名。