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楼栋
院长
HKUST Institute for Financial Research
香港科技大学金融研究院院长
香港科技大学商学院副院长（策略规划与研究）
楼栋 现任香港科技大学（Hong Kong University of Science and Technology）金融学讲座教授、花旗集团商学教授，香港科技大学金融研究院院长、商学院副院长 (分管策略规划与研究)、中英双语工商管理博士项目主任。在加入香港科技大学之前，曾任伦敦政治经济学院（London School of Economics）金融学正教授。
楼栋教授是欧洲经济政策研究中心（Centre for Economic Policy Research）和亚洲金融经济研究局（Asian Bureau of Finance and Economic Research）的高级研究员，英格兰中央银行（Bank of England）的学术顾问，国家杰出青年科学基金获得者，同时担任《金融学期刊》（Journal of Finance）、《金融经济学期刊》（Journal of Financial Economics）和《管理科学》（Management Science）等国际学术期刊的副主编。
楼栋教授常为政府组织和投资机构提供咨询服务。他的研究成果多发表于顶级学术期刊，获得过诸多学术和业界奖项，并常见于《华尔街日报》（Wall Street Journal）、《福布斯》（Forbes）和彭博社（Bloomberg）等知名媒体。楼栋教授的主要研究领域包括资产定价、投资管理、行为金融及中国金融市场。楼栋教授拥有耶鲁大学金融学博士学位，及哥伦比亚大学计算机科学学士学位。
Publications
1.A Flow-Based Explanation for Return Predictability, 2012
Review of Financial Studies, 25, 3457-3489
Lead Article
2.Complicated Firms (with Lauren Cohen), 2012
Journal of Financial Economics, 104, 383-400
Winner of First Prize, Crowell Memorial Award for Best Paper in Quantitative Investments, 2011
Winner of Best Paper Prize, the Center for Research in Security Prices (CRSP) Forum, 2010
Winner of Institute for Quantitative Investment Research (INQUIRE UK) Grant, 2010
Winner of First Prize, Istanbul Stock Exchange 25th Anniversary Best Paper Competition, 2010
Winner of Paul Woolley Center (UTS) Academic Grant, 2010
3.Anticipated and Repeated Shocks in Liquid Markets (with Hongjun Yan and Jinfan Zhang), 2013
Review of Financial Studies, 26, 1891-1912
Winner of NASDAQ OMX Award for Best Paper on Asset Pricing, Western Finance Association, 2011
4.Attracting Investor Attention through Advertising, 2014
Review of Financial Studies, 27, 1797-1829
5.Industry Window Dressing (with Huaizhi Chen and Lauren Cohen), 2016
Review of Financial Studies, 29, 3354-3393
6.A Tug of War: Overnight vs. Intraday Expected Returns (with Christopher Polk and Spyros Skouras), 2019
Journal of Financial Economics, 134, 192-213
7.Offsetting Disagreement and Security Prices (with Shiyang Huang, Byoung-Hyoun Hwang, and Chengxi Yin), 2020
Management Science, 66, 3295-3798
8.IQ from IP: Simplifying Search in Portfolio Choice (with Huaizhi Chen, Lauren Cohen, Umit Gurun, and Christopher Malloy), 2020
Journal of Financial Economics, 138, 118-137
Winner of First Prize, Crowell Memorial Award for Best Paper in Quantitative Investments, 2018
9.Casting Conference Calls (with Lauren Cohen and Christopher Malloy), 2020
Management Science, 66, 4921-5484
Winner of First Prize, Crowell Memorial Award for Best Paper in Quantitative Investments, 2014
10.The Rate of Communication (with Shiyang Huang and Byoung-Hyoun Hwang), 2021
Journal of Financial Economics, 141, 533-550
11.Informed Trading in Government Bond Markets (with Robert Czech, Shiyang Huang, and Tianyu Wang),
Journal of Financial Economics, 142, 1253-1274
Winner of Best Paper Award, China International Conference in Finance, 2019
12. Comomentum: Inferring Arbitrage Activity from Return Correlations (with Christopher Polk), 2022
Review of Financial Studies, 35, 3272–3302
Finalist for AQR Insight Award, 2014
Winner of Institute for Quantitative Investment Research (Q Group) Grant, 2012
Winner of Institute for Quantitative Investment Research (INQUIRE Europe) Grant, 2012
13.Ripples into Waves: Trade Networks, Economic Activity, and Asset Prices (with Jeffery Chang, Huancheng Du, and Christopher Polk), 2022
Journal of Financial Economics, 145, 217-238
14.Wealth Redistribution in Bubbles and Crashes (with Li An and Donghui Shi), 2022
Journal of Monetary Economics, 126, 134-153
Winner of Best Paper Award, China Financial Research Conference, 2019
15.The Booms and Busts of Beta Arbitrage (with Shiyang Huang, Xin Liu, and Christopher Polk), 2023
Management Science, forthcoming
Winner of Quantitative Management Initiative (QMI) Grant, 2013
Winner of Europlace Institute of Finance Research Grant, 2013
16.The Drivers and Implications of Retail Margin Trading (with Jiangze Bian, Zhi Da, Zhiguo He, Kelly Shue, and Hao Zhou), 2024
Journal of Finance, forthcoming
Winner of Best Paper Award in Asset Pricing, SFS Cavalcade Asia-Pacific, 2017
Winner of Best Paper Award, China Financial Research Conference, 2016
17.Superstar Firms and College Major Choice (with Darwin Choi and Abhiroop Mukherjee), 2024
Journal of Political Economy: Microeconomics, forthcoming
18.Yield Drifts when Issuance Comes before Macro News (with Gabor Pinter, Semih Uslu, and Danny Walker), 2024
Journal of Financial Economics, forthcoming
19.The Effect of Advisors’ Incentives on Clients’ Investments (with Diego Battiston, Jordi Blanes-Vidal, and Rafael Hortala-Vallve), 2025
Journal of Finance, forthcoming