Li Wang, PhD, assistant professor of banking and finance, joined Weatherhead School of Management in 2016. Wang’s research interest focuses on empirical asset pricing. Specifically, she studies relations between derivatives markets and underlying equity or commodity market, market microstructure, and security lending. Her research “New Evidence on Financialization of Commodity Markets” has been published at the Review of Financial Studies as a lead article selected by the editor. She has given presentations and held discussions at the annual conference of Financial Management Association (FMA) and the annual conference of Southern Financial Association (SFA).
Wang teaches corporate finance and applications in financial Big Data at the Weatherhead School of Management. Prior to this, she has taught at University of Illinois and Rochester Institute of Technology. In the classroom, she emphasizes understanding fundamental concepts, but keeps open communication to facilitate feedback and interaction.
Wang has received numerous academic awards including the American Finance Association Travel Grant, Best Derivatives Paper Award at the SFA, and Van Arsdell teaching award at the University of Illinois.
Initially Appointed: 2016
Education
Teaching Information
Teaching Interests
Courses Taught
- Applications in Financial Big Data
- Python Programming w Appl in Finance
Office Hours
By Appointment Only
Research Information
Research Interests
- Empirical Asset Pricing
- Derivatives
- Behavioral Finance
Awards and Honors
- Weatherhead Emerging Impact Award2017Weatherhead School of Management
- Best Derivatives Paper Award2014SFA annual meeting
- Corzine Fellowship2013University of Illinois at Urbana-Champaign
- Van Arsdell Teaching Award2012University of Illinois at Urbana-Champaign
- American Finance Association Travel Grant2012AFA annual meetings
- Samsung Graduate Scholarship2005Renmin University of China
External Appointments
- Untenured Observer, Appointment Committee, 2021 - 2022
- Organizer, BAFI Research Seminar, 2019 - 2022
- Reviewer, Journal Article, Journal of Futures Market, 2019 - 2020
- Reviewer, Journal Article, Journal of Empirical Finance, 2018 - 2019
- Reviewer, Journal Article, Management Science, 2017 - 2019
- Committee Member, Department Faculty Recruitment, 2016 - 2017
Publications
- Wang, L. , Pearson, N. D., Henderson, B. J.
Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products Journal of Finance - Henderson, B. , Pearson, N. , Wang, L. (2020).
Pre-Trade Hedging: Evidence from the issuance of retail structured products Journal of Financial Economics - Henderson, B. J., Pearson, N. D., Wang, L. (2015).
New Evidence on the Financialization of Commodity Markets (vol. 28, pp. 1285-1311, 2015) Oxford University Press: Review of Financial Studies
Presentations
- Wang, L. (Presenter & Author) 2021 Conference on Derivatives and Volatility, "Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products", Cboe Global Markets and FMA, Chicago. (2021).
- Wang, L. (Presenter & Author) FMA Annual meeting 2021, "Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products", FMA, Denver, Colorado. (2021).
- Wang, L. (Author Only) MFA Annual Meeting 2021, "Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products", MFA, Virtual. (2021).
- Wang, L. (Presenter & Author) AFA Annual Meeting 2021, "Retail Derivatives and Sentiment: A Sentiment Measure Constructed from Issuances of Retail Structured Equity Products", AFA, Virtual. (2021).
- Wang, L. Colorado Finance Summit, "Pre-Trade Hedging", University of Colorado's Leeds School of Business, (2017).