Jun “Jonathan” Wang
Department of
Economics and Finance
Phone: (646)
312-3507
Fax: (646) 312-3451
Email: jun_wang@baruch.cuny.edu
http://faculty.baruch.cuny.edu/jwang
Research and
teaching interests
Corporate finance, financial
markets, risk management, econometric modeling, quantitative investment analysis.
Education
Ph.D. Finance, Georgia State
University, 1993-1997.
Graduate study, Physics, Pennsylvania State
University, 1992-1993.
B.S.,
Physics, Fudan University, 1986-1990.
Academic
Experience
Associate Professor of Finance,
Department of Economics and Finance, Zichlin School
of Business, Baruch College, (2009-present)
Assistant Professor of Finance,
Department of Economics and Finance, Zichlin School
of Business, Baruch College, (09/2006-12/2008)
Assistant Professor of Finance,
Department of Finance,
Assistant Professor of
Finance, Department of Economics and Finance, Zichlin School of Business, Baruch College,
(09/2003-08/2005)
Research assistant,
Department of Finance,
System analyst, Experimental
Economics Lab, Georgia State Univ. (08/95-12/95).
Teaching assistant / research assistant, Department of Physics, PennState Univ. (01/92-05/93).
Industry
Experience
Senior Research Economist, Econometric and Time-Series R&D, SAS Institute, Inc. (08/1996-08/2003).
Research
new developments and develop software in financial risk management and
quantitative investment analysis, time series analysis, econometric modeling
and simulation; consult clients on financial risk management, portfolio
analysis and economic forecast.
Engineer, Shanghai Shenxing Co. P.R.C. (07/90-11/91).
Publications (refereed)
Thomas Noe, Michael Rebello and Jun Wang. (2012) Learning to bid: The design of
auctions under uncertainty and adaptation. Game
and Economic Behavior, 74(2), 620-636.
Jiangze Bian, Jun Wang and Ge Zhang,
(2012) Chinese block transactions and the market reaction. China Economic Review, 23(1), 182-189.
Lei
Lu, Jun Wang and Ge Zhang, (2012) Long term
performance of leveraged ETFs, Financial Services Review,
21(1), 63-80.
Jouahn Nam, Jun Wang and Ge Zhang, (2010) The
impact of dividend tax cuts and managerial stock holdings on corporate dividend
policy, Global Finance Journal, 21(3), 275-292.
Francis, J., Hessel,
C., Wang, J., and Zhang, G., (2010). Portfolios weighted by repurchase
and total payout. Journal of Portfolio
Management, 36(4), 77-83.
Hessel, C. and Wang, J., (2010). Credit
derivatives and volatility of credit spreads. Quantitative Finance, 10(5), 545-554.
Jouahn Nam, Jun Wang and
Ge Zhang, (2008) Managerial career concerns and risk management. Journal of Risk and Insurance, 75(3), 785-809.
Jouahn Nam, Jun Wang and Ge Zhang (2008). Strategic trading against retail investors
with loss aversion. International Review of
Economics and Finance, 17(1), 45-55.
Thomas Noe, Michael Rebello and Jun Wang (2006). The evolution of security
designs. Journal of Finance, 61,
2103-2135.
Thomas
Noe and Jun Wang (2004). Fooling all of the people some of the
time: A theory of endogenous sequencing in confidential negotiations, Review of Economic Studies
71, 855-881.
Thomas
Noe, Michael Rebello and Jun Wang (2003). Corporate financing: An artificial
agent-based analysis. Journal of Finance
63, 943-973 (lead article).
Thomas Noe
and Jun Wang (2000). Strategic debt restructuring. Review of Financial Studies
13, 985-1016.
Jun Wang
(2000). Trading
and hedging in S&P 500 spot and futures markets using genetic programming. Journal of Futures Markets 20, 911-942.
Mandeep Chahal and Jun
Wang (1998). Jump diffusion process and emerging bond and stock markets: An
investigation using daily data. Multinational
Finance Journal 1, 169-197.
Publications (not refereed):
Thomas Noe
and Jun Wang (2002). The self-evolving logic of financial claim prices,
in Genetic Algorithms and Genetic Programming in Computational Finance,
eds. Shu-Heng Chen, Kluwer
Academic Publishers.
Publications (not refereed):
Thomas Noe
and Jun Wang (2002). The self-evolving logic of financial claim prices,
in Genetic Algorithms and Genetic Programming in Computational Finance,
eds. Shu-Heng Chen, Kluwer
Academic Publishers.
Nishant Dass, Omesh
Kini, Vikram Nanda, Bunyamin Onal and Jun Wang,
Board Expertise: Bridging the Information Gap with Directors from Related
Industries. (revise
and resubmit at Review of Financial Studies)
Yrjo Koskinen, Michael
Rebello and Jun Wang. Private
Information and Bargaining Power in Venture Capital Financing. (revise and resubmit at Journal of Economics and Management
Strategies)
Omesh Kini, Michael Rebello and Jun Wang, Gauging
investor perceptions of analysts’ research portfolio structures.
Gautam Goswami,
Thomas Noe and Jun Wang. Buying up the block: An experimental
investigation of capturing economic rents through sequential negotiations.
Jiangze Bian, Tie Su and Jun Wang, One day selling lock-up.
Invited
Presentations:
Nishant Dass, Omesh
Kini, Vikram Nanda, Bunyamin Onal and Jun Wang,
Board Expertise: Bridging the Information Gap with Directors from Related
Industries.
University of Rhode Island, 2011.
Market
conditions and venture capitalist experience in start-up financing, with Yrjo Koskinen and Michael Rebello.
The evolution of security
designs, with
LSU 2005.
The impact of dividend tax cuts and
managerial stock holdings on corporate dividend policy, with Jouahn Nam and Ge
Zhang.
Fooling all of
the people some of the time: A theory of endogenous sequencing in confidential
negotiations, with Thomas Noe.
TCFA
Best Paper Winner, 2010, One day selling lock-up.
Best Paper in Risk
Management, 2005, FMA, Managerial career concerns and risk management.
Best Paper Award,
(Multinational Finance Journal, Volume 1, 1997), Jump diffusion process and
emerging bond and stock markets: An investigation using daily data.
Service:
Ad Hoc Reviewer for the
Journal of Finance, American Economic Review, the Journal of Economic Theory,
the Journal of Futures Markets, Multinational Finance Journal, SIAM
Journal on Scientific Computing, Financial Review, International Review of
Economics and Finance, Journal of Financial Research.
Available
upon request.