Academic seminar at the School of Finance

Publisher:AdministratorDelivery time:2015-12-09viewed:68

On 3 December 2015, Dr. Fuwei Jiang, associate professor from School of Finance at Central University of Finance and Economics presented his latest work “Manager Sentiment and Stock Returns”, at the invited academic seminar series in School of Finance.

Dr. Fuwei proposed the construction of a sentiment index of managers in the market, and used the index to predict future stock returns. He found that this index is negatively correlated with stock returns, which is consistent with empirical findings in literature. Moreover, this constructed index is found to have better predictability than indices currently used in literature, and the predictability is robust in various specifications. After the presentation, many teachers and students had a lively discussion with Dr. Fuwei about this work.

Dr. Fuwei Jiang associate professor in School of Finance at Central University of Finance and Economics. His research interests cover asset pricing, return predictability, investment, behavioral finance, etc. He has published his research papers on both international and Chinese top academic journals.

Copyright © Nankai University All Rights Reserved.