中文版
Fei Wu
Term Associate Professor

fwu@saif.sjtu.edu.cn

CV

Support Staff: Yiming Zhou ymzhou@saif.sjtu.edu.cn

  • PROFILE
  • RESEARCH
  • TEACHING
Fei Wu is a Term Associate Professor at Shanghai Advanced Institute of Finance (SAIF). Before joining SAIF, Professor Wu was Professor of Finance and Associate Dean at the International Institute for Financial Studies, Jiangxi University of Finance and Economics, China. He was on the faculty of the College of Business at Massey University, New Zealand, from 2004 to 2010.
 
Professor Wu's research focuses on the areas of behavioral Finance, market microstructure and international financial markets. He has published extensively in leading financial journals, including Financial Management, Journal of Banking and Finance, Journal of Financial Markets, Journal of International Business Studies and Review of Finance. His research has won different awards including the Best Paper Award on Chinese Financial Markets from The Chinese Finance Association in 2011.
 
Professor Wu teaches Principles of Finance and Private Wealth Management at SAIF. He was selected for "Outstanding Talents in the New Century" by the Ministry of Education. He was a Board Member of Asian Finance Association (AsFA) and the co-chair of 2013 AsFA Annual Conference. He severs as a Guest Editor for Emerging Markets Finance and Trade and Economic Systems and the editorial board of the International Journal of Managerial Finance and IEB International Journal of Finance.
 
Professor Wu received his Ph.D. in Finance from University College Dublin in 2004 and master's degree in Finance and Investment from University of Aberdeen in 2000.

Research Interests
Behavioral Finance, Market Microstructure, International Financial Markets

Journal Publications & Working Papers
1. Garvey, Ryan, Tao Huang, and Fei Wu, Forthcoming, Who Trades Fast?, Applied Economics Letters .
2. Garvey, Ryan, Tao Huang, and Fei Wu, Forthcoming, Why Do Traders Split Orders?, The Financial Review.
3. 胡援成、刘元秀和吴飞, Forthcoming, 高管薪酬、业绩与胜任力识别:一项行为金融实验, 经济学(季刊).
4. Garvey, Ryan, Tao Huang, and Fei Wu, 2016, Why do traders choose dark markets?, Journal of Banking and Finance.
5. Ng, Lilian, Fei Wu, Jing Yu, and Bohui Zhang, 2016, Foreign Investor Heterogeneity and Stock Liquidity Around the World, Review of Finance.
6. 刘元秀、胡援成和吴飞, 2016, 管理者职业经历影响公司现金持有水平吗?, 经济管理.
7. Pan, Deng, Jing Shi, Fei Wu, and Bohui Zhang, 2015, Investor Heterogeneity and Commonality in Stock Return and Liquidity, Economic Systems.
8. Huang, Tao, Fei Wu, Jing Yu, and Bohui Zhang, 2015, International Political Risk and Government Bond Pricing, Journal of Banking and Finance.
9. Huang, Tao, Fei Wu, Jin Yu, and Bohui Zhang, 2015, Political risk and dividend policy: Evidence from international political crises, Journal of International Business Studies.
10. 桂林、张琦和吴飞, 2015, 分利行为、舆论监督与政府治理:内生政府治理机制, 经济学(季刊) .
11. Garvey, Ryan, and Fei Wu, 2015, Adaptive Trading and Longevity, Journal of Behavioral Finance.
12. Garvey, Ryan, and Fei Wu, 2014, Clustering of Intraday Order-sizes by Uninformed versus Informed Traders, Journal of Banking and Finance.
13. Garvey, Ryan, and Fei Wu, 2014, Concentrated Trading and Order Execution Costs, Asia-Pacific Journal of Financial Studies.
14. Wu, Fei, 2013, Do Stock Prices Underreact To Information Conveyed by Investors' Trades?, Asia-Pacific Journal of Financial Studies.
15. Garvey, Ryan, and Fei Wu, 2012, Are Market Center Trading Cost Measures Reliable?, Journal of Economics and Finance.
16. Garvey, Ryan, and Fei Wu, 2012, Are Informed Traders Reluctant to Bear Price Risk or Execution Risk?, International Journal of Managerial Finance.
17. Garvey, Ryan, and Fei Wu, 2012, Who Cancels in Electronic Markets?, Applied Economics Letters.
18. Guo, Yan, Wenzhou Qu, Udomsak Wongchoti, and Fei Wu, 2011, Can industry returns predict country indices? Evidence from emerging markets?, Actual Problems of Economics.
19. Garvey, Ryan, and Fei Wu, 2011, Information, Execution Quality and Order Routing on Nasdaq, Journal of Empirical Finance.
20. Garvey, Ryan, and Fei Wu, 2011, What Influences Trader Choice of Electronic versus Intermediated Execution?, International Review of Finance.
21. Garvey, Ryan, and Fei Wu, 2010, When Should You Trade?, Journal of Trading.
22. Garvey, Ryan, and Fei Wu, 2010, Speed, Distance and Electronic Trading: New Evidence on Why Location Matters, Journal of Financial Markets.
23. Ng, Lilian, and Fei Wu, 2010, Peer Effects in the Trading Decisions of Individual Investors, Financial Management (USA).
24. Garvey, Ryan, and Fei Wu, 2010, Payday Effects: An Examination of Trader Behavior within Evaluation Periods, Journal of Behavioral Finance.
25. Garvey, Ryan, and Fei Wu, 2009, Intraday Time and Order Execution Quality Dimensions, Journal of Financial Markets.
26. Wongchoti, Udomsak, Fei Wu, and Martin Young, 2009, Buy and Sell Dynamics Following High Market Returns: Evidence from China, International Review of Financial Analysis.
27. Garvey, Ryan, and Fei Wu, 2009, Location and Trading Performance in Electronic Markets, Journal of Investment Consulting.
28. Garvey, Ryan, and Fei Wu, 2008, The Effects of Institutional Risk Control on Trader Behavior, Journal of Applied Finance.
29. Garvey, Ryan, and Fei Wu, 2008, Are Trading Costs Invisible in Trading Decisions?, Journal of Trading.
30. Garvey, Ryan, and Fei Wu, 2007, Professional Trader Order Selection and Prior Outcomes, Journal of Trading.
31. Garvey, Ryan, and Fei Wu, 2007, Provincial Co-Movement in Chinese Stock Returns, Applied Financial Economics Letters.
32. Garvey, Ryan, and Fei Wu, 2007, Market Transparency and Institutional Trader Behavior after a Tick Change, Journal of Trading.
33. Ng, Lilian, and Fei Wu, 2007, The Trading Behavior of Institutions and Individuals in Chinese Equity Markets, Journal of Banking and Finance.
34. Garvey, Ryan, Anthony Murphy, and Fei Wu, 2007, Do Losses Linger? Evidence from Proprietary Stock Traders, Journal of Portfolio Management.
35. Ng, Lilian, and Fei Wu, 2006, Revealed Stock Preferences of Individual Investors: Evidence from Chinese Equity Markets, Pacific Basin Finance Journal.

Teaching Interests
Principles of Finance,International Module

Current Courses

Term Program Course Total Hours
2015Fall MBA Principles of Finance 36
2015Fall MBA Principles of Finance 36
2016Fall MBA Principles of Finance 36
2016Fall MBA Principles of Finance 36
2016Fall MBA International Module 24
Faculty & Research
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