中文版
Hui Chen
Associate Professor of Finance
at the Massachusetts Institute of Technology Sloan School of Management
  • PROFILE
  • RESEARCH
  • TEACHING
Hui Chen is a Special-Term Professor of Finance at SAIF, an Associate Professor of Finance with Tenure at the MIT Sloan School of Management, and a Research Associate at the National Bureau of Economic Research.
His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions between the macro economy and credit risk, liquidity, financing, investment decisions. His recent research projects include application of business cycle models to explain corporate financing behavior and corporate bond pricing, as well as measuring how constrained financial intermediaries are through trading activities in the index option market. He is also conducting research on the Chinese stock market, including the circuit breaker mechanism and the market of stock index futures.  
His work has appeared in many leading academic journals in economics and finance, and he is the recipient of the Smith Breeden Prize in 2011, among other scholarly awards. He currently serves on the editorial boards of the Journal of Finance, Review of Financial Studies, Management Science, and the Journal of Banking and Finance.
He holds a BA in economics and finance from Sun Yat-Sen University, an MS in mathematics from the University of Michigan, and a PhD in finance from the University of Chicago.

Research Interests
Asset pricing and its connections with corporate finance

Journal Publications & Working Papers
1. Chen, Hui, Nengjiu Ju, and Jianjun Miao, 2014, Dynamic Asset Allocation with Ambiguous Return Predictability, Review of Economic Dynamics.
2. Bolton, Patrick, Hui Chen, and Neng Wang, 2013, Market Timing, Investment, and Risk Management, Journal of Financial Economics.
3. Chen, Hui, 2013, Comment on "Systemic Sovereign Credit Risk: Lessons from the U.S. and Europe" by Ang and Longstaff, Journal of Monetary Economics.
4. Chen, Hui, Scott Joslin, and Ngoc-Khanh Tran, 2012, Rare Disasters and Risk Sharing with Heterogeneous Beliefs, Review of Financial Studies.
5. Chen, Hui, and Scott Joslin, 2012, Generalized Transform Analysis of Affine Processes and Applications in Finance, Review of Financial Studies.
6. Bolton, Patrick, Hui Chen, and Neng Wang, 2011, A Unified Theory of Tobin’s Q, Corporate Investment, Financing, and Risk Management, Journal of Finance.
7. Chen, Hui, 2010, Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure, Journal of Finance.
8. Chen, Hui, Jianjun Miao, and Neng Wang, 2010, Entrepreneurial Finance and Nondiversifiable Risk, Review of Financial Studies.
9. Chen, Hui, Scott Joslin, and Ngoc-Khanh Tran, 2010, Affine Disagreement and Asset Pricing, American Economic Review.

Teaching Interests
SAIF Seminar I

Current Courses

Term Program Course Total Hours
2016Spring PHD SAIF Seminar I 24
Faculty & Research
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