Wei Xiong is now a Visiting Professor and Director of Research in Faculty of Economics at the University of Cambridge. He is the Trumbull-Adams Professor of Finance and Professor of Economics in the Department of Economics and Bendheim Center for Finance at Princeton University in the United States.
His research interests centre on capital market imperfections and behavioural finance. He has published in top economics and finance journals on a wide range of research topics, such as speculative bubbles, asset pricing with heterogeneous beliefs, asset market contagion, limited investor attention, non-standard investor preferences, rollover risk and other financing frictions faced by firms.
Professor Xiong says “my current research interests focus on financialisation of commodity markets, belief distortions in the recent financial crisis, and China’s financial system. It is these types of specialised research I am hoping to bring to the University of Cambridge.”
He has received numerous awards, including the 2018 China Economics Prize, 2014 Inaugural Sun Yefang Financial Innovation Award, 2013 NASDAQ OMX Award by the Western Finance Association, and the 2012 Smith Breeden Award (first prize) by the American Finance Association.
Dr. Toke Aidt is a University Reader and Director of the Keynes Fund at the Faculty of Economics. He says: “I am delighted to welcome Professor Xiong as a visiting professor. He brings to the Faculty his experience at Princeton, as well as being Co-Editor of the Journal of Finance, which is the flagship journal of American Finance Association, and it is an honour to host him.”
