Interview with students:
Weds 2-5pm 
 
Job title: 
Associate Professor 
 
Telephone: 
+86 (10) 62758564 
 
E-mail: 
yuntingliu@pku.edu.cn 
 
Address: 
School of Economics, Peking University 
 
Education background: 
2017 Ph.D. in Economics, Johns Hopkins University
2011 B.S. in Mathematics, Wuhan University
2011 B.A in Finance, Wuhan University
  
Work experience: 
2023-present: Associate Professor (tenured), Peking University
2017-2023: Assistant Professor, Peking University 
 
Research interests: 
Asset Pricing, Financial Economics, Macro-Finance 
 
Teaching: 
Computation Programming in Financial Engineering, Security Investments, Fixed Income Securities
 
Publications: 
The Short-Run and Long-Run Components of Idiosyncratic Volatility and Stock Returns, Management Science, Yunting Liu, Vol.68, No.2, pp.1573-1589, 2022
The Upward Trend in the Volatility of Firm Productivity Shocks", Economics Letters, Yunting Liu, Vol.163, pp.68-71, Feburary 2018
资产数字化、银行风险与“双支柱”调控 (Asset Digitization, Bank Risk and "Two-Pillar" Regulation), 《经济研究》(Economic Research Journal), Dexu He, Qingjun Zhang, Si Chen, and Yunting Liu, Issue.1, 2023; (featured cover article)
中国经济微观不确定性的测度和效应研究 (China’s Micro Uncertainty and its Effect), 《经济学动态》(Economic Perspectives), Yunting Liu and Yandi Zhu, Issue.1, 2023; (featured cover article)
股票错误定价、市值管理与上市公司并购行为 (Stock Mispricing, Market Valuation Management and Listed Firms’ M&A), 《中国工业经济》(China Industrial Economics), Dexu He, Min Zeng, Yuhui Wu, and Yunting Liu, Issue.10, 2022;
"异质信念, 卖空约束和中国股票市场反转效应 (Heterogeneous Beliefs, Short-Sale Constraints, and Chinese Stock Market Reversals)", 《财贸经济》 (Finance & Trade Economics), Yunting Liu and Xiaorong Zhang, Issue.12, 2021;

Working Papers:

Productivity Risk and the Dynamics of Stock and Bond Returns，Yunting Liu
Idiosyncratic Volatility, Firm Investment, and Capital Accumulation, Yunting Liu 

Research Grants
Principal Investigator: Research on the Relation and Mechanism between Firm Productivity Volatility, Idiosyncratic Return Volatility and Cross-Section of Stock Returns: National Science Foundation of China Grant 2020-2022
Main participant: Insurance Solvency Regulation and Insurer's Risk Decision: National Science Foundation of China Grant 2022-2025
Main participant: The Effects of Economic Uncertainty on Financial Volatility Modeling and Forecasting: a Big Data and Heterogeneity Perspective: National Science Foundation of China Grant 2023-2026
Co-Investigator: Research on Participants Incentives in Carbon and Electricity Markets under Carbon Peak and Neutrality Goals: Peking University New Engineering Discipline Grant 2022

Selected Awards

Baogang Distinguished Scholar Award, 2023
Excellence in Refereeing Award, Economic Science Journal (《经济科学》), 2021
Class Advisor Excellence Award , Peking University, China, 2019
Third Prize Teaching Award, Peking University, China, 2017
Department Fellowship, Johns Hopkins University, United States, 2014-2017
T. Rowe Price Fellowship, Johns Hopkins University, United States, 2011-2014