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个人简介

刘玉珍教授现任北京大学光华管理学院金融学教授、博士生导师,北京大学金融发展研究中心主任,北京大学促进两岸交流基金主任。曾任北京大学光华管理学院金融系主任、金融硕士项目主任 教育背景 1991 台湾中山大学 企业管理 博士 1985 台湾政治大学 企业管理 学士 职业经历 2007―目前 光华管理学院金融系教授

研究领域

行为金融学 证券市场微结构 家庭金融 投资学

近期论文

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37) Chen Z, Liu Y J, Meng J, et al. What’s in a Face? An Experiment on Facial Information and Loan-Approval Decision[J]. Management Science, 2023, 69(4): 2263-2283. 36)Conhhui Hu, Ji-Chai Lin, Yu-Jane Liu,"What are the benefits of attracting gambling investors? Evidence from stock splits in China", Journal of Corporate Finance (ABS 4), Volume 74, 2022. 35)Miao Jin, Yu-Jane Liu, Juanjuan Meng, Yu Zhang, The Transmission of Income variations to Consumption variations: the Role of the Firm, The Review of Economics and Statistics,Pages 1–45.2022. 34)Conghui Hu,Yu-Jane Liu,Xin Xu,The valuation effect of stock dividends or splits: Evidence from a catering perspective,Journal of Empirical Finance(SSCI),Volume 61, March 2021, Pages 163-179. 33) Ming Gao, Yu-Jane Liu, and Yushui Shi, Do people feel less at risk? Evidence from disaster experience, Journal of Financial Economics,2020(A),138(3):866-888. 32) Conghui Hu, Yu-Jane Liu, and Ning Zhu. Deleveraging Commonality. Journal of Financial Markets,2020 31) Brad, Barber, YT Lee, Yu-Jane Liu, T Odean, Ke Zhang,2020,Learn Fast or Slow? Review of Asset Pricing Studies, 10(1), 61-93 30) Jiajun Jiang,Yu-Jane Liu,Ruichang Lu,Social heterogeneity and local bias in peer-to-peer lending – evidence from China,Journal of Comparative Economics,Vol 48, Iss. 2, June 2020, 302-324 29) Jin Miao,Liu Yu-Jane, Meng Juanjuan, 2019, Fat-finger Event and Risk-taking Behavior, Journal of Empirical Finance, 53,126-143 E2 28) Hu Conghui, Liu Yu-Jane, Zhu Ning, 2019, De-Leverage and Illiquidity Contagion, Journal of Banking & Finance, 102: 1-18 E2 27) Hung-Kun Chen, Konan Chan, Shing-Yang Hu, and Yu-Jane Liu. Share pledges and margin call pressure[J]. Journal of Corporate Finance, 2018: 96-117. 26) Chen, Jia, Jiajun Jiang, and Yu-jane Liu. Financial literacy and gender difference in loan performance[J]. Journal of Empirical Finance, 2018: 307-320. 25) Chen,Jing, Yu-Jane Liu, Lei Lu, Ya Tang. Investor Attention and Macroeconomic News Announcements: Evidence from Stock Index Futures. Journal of Futures Markets, 2016, 36(3):240–266. 24) Gao, Ming, Yu-Jane Liu, Weili Wu. Fat-Finger Trade and Market Quality: The First Evidence From China. Journal of Futures Markets, 2016, 36(10):1016-1025. 23) Liu, Yu-Jane, Zheng Zhang, Longkai Zhao, Speculation Spillovers. Management Science, 2015, 61(3):649-664. 22) Hu, Conghui, Yu-Jane Liu. Valuing diversity: CEOs' career experiences and corporate investment. Journal of Corporate Finance, 2015, 30(C):11-31. 21) Yi-Tsung Lee, Yu-Jane Liu, Wei-Shao Wu, Robert Fok, "Hedging Costs, Liquidity, and Inventory Management: The Evidence from Option Market Makers", Journal of Financial Markets(SSCI), 2014, 18: 25-48. 20) Brad Barber, Yi-Tsung Lee, Yu-Jane Liu, Terrance Odean, The Cross-section of Speculator Skill: Evidence from Day Trading", Journal of Financial Markets(SSCI), 2014, 18: 1-24. 19) Mao-Wei Hung, Yu-Jane Liu, and Chia-Fen Tsai, "Managerial personal diversification and portfolio equity incentives." Journal of Corporate Finance, 2012, 18 (1): 38-64.. 18) Yu-Jane Liu, Chih-Ling Tsai, Min-Chun Wang and Ning Zhu, "Prior Consequences and Subsequent Risk Taking: New Field Evidence from the Taiwan Futures Exchange", Management Science(SSCI), 2010, 56: 606-620. 17) Barber, Brad, Yi-Tsung Lee, Yu-Jane Liu, and Terrance Odean, "Just HowMuch do Individual Investors Lose by Trading?" Review of Financial Studies, 2009, 22 (2): 609-632. 16) Li-wen Chen, Ji-Chai Lin, Yu-Jane Liu and Shane Johnsen, Information, Sophisication, and Foreign versus Domestic Investors' Performance, Journal of Banking and Finance(SSCI) , 2009, 33( 9): 1636-1651. 15) Yu-Jane Liu, Min-Chun Wang and Longkai Zhao, Narrow Framing: Perfessions, Sophisication and Experience, Journal of Futures Market (SSCI), 2009,140: 175-203. 14) Rachel, Yu-Jane Liu and Larry Tzeng, "Hidden Overconfidence and Advantageous Selection", The Geneva Risk and Insurance Review, 2010, 35 (2): 93-107. 13) Yi-Tsung Lee, Yu-Jane Liu and Ning Zhu, 2008, The costs of owning employer stocks: Evidence from Taiwan, Journal of Financial and Quantitative Analysis,(SSCI), 2008, 43:717-740. 12) Barber, Brad, Yi-Tsung Lee, Yu-Jane Liu, and Terrance Odean, Is the Aggregate Investor Reluctant to Realise Losses? Evidence from Taiwan, European Financial Managment(SSCI), Vol 13, Iss. 3, Jun 2007, 423-447. 11) Ji-Chai Lin, Yi-Tsung Lee and Yu-Jane Liu, "IPO Auctions and Private Information", Journal of Banking and Finance (SSCI), Vol. 31 Iss. 5, May 2007, 1483-1500. 10) Lee, Yi-Tsung, Yu-Jane Liu, Richard Roll, and Avanidhar Subrahmanyam, Taxes and Dividend Clientele: Evidence from Trading and Ownership Structure, Journal of Banking and Finance (SSCI), Vol. 30, 2006, 229-246. 9) Yi-Tsung Lee, Yu-Jane Liu, Richard Roll and Avanidhar Subrahmany,"Order Imbalance and Market Efficiency: Evidence from the Taiwan Stock Exchange, " Journal of Financial and Quantitative Analysis (SSCI), Vol. 39, Iss. 2, Jun. 2004,327-342. (has been re-summarized in The CFA Digest, Vol. 34, Iss. 4, Nov. 2004, 54-55.) 8) Ray Tsaih, Yu-Jane Liu, Wenchin Liu, and Yu-Ling Lien, "A Decision Support System for Small Business Loans", Decision Support System(SCI). Vol. 38, Iss. 1, Oct. 2004, 91-99. 7) Yu-Jane Liu and K.C. John Wei Liaw and Gwohorng, "On the Demand Elasticity of IPO: An Analysis of Discriminatory Auctions", International Review of Finance, 2001,151-178. 6) Y.T.Lee, Robert Fok and Y.J, Liu, "Information Stocks, Trading Strategies and Order Imbalance, " Journal of Business, Finance and Accounting,(SSCI)Vol. 28, No.1&2, Jan/March. 2001.199-230. 5) Chih-Hsien Yu andYu-Jane Liu, "On the Effect of Stock Stabilization Fund—A Case of Taiwan, " Review of Pacific Basin Financial Markets and Policies. 4) Y. T. Lee, J.C. Lin and Y.J.Liu, " Trading Patterns of Big versus Small Traders: An Emerging Market Analysis, " Journal of Banking and Finance (SSCI), 1999, 701-725. 3) Y. J. Liu, V. W. Liu, and C. S. Wu, "The Impact of Information Diffusion on Comparisons among Various Trading Mechanisms," Review of Quantitative Finance and Accounting, Vol. 9, No. 3, 1997, 301-326. 2) Y. J. Liu, "Auction Mechanisms and Information Structure:An Experimental Study of Information Aggregation in Securities Markets," Research in Experimental Economics, Vol. 6, JAI Press Inc., 1996, 165-212. 1) K.C. Wei, Y. J. Liu, C. C. Yang and K. H. Chuang, "Volatility and Price Changes Spillover Effects Across the Developed and Emerging Markets," Pacific-Basin Finance Journal, Vol. 3, No. 1, March 1995, 113-136.

学术兼职

刘教授还有着丰富的学术和实务兼职。学术方面,曾承担Journal of Finance, Management Science, Review of Financial Studies, Journal of Financial and Quantitative Analysis等多个国际重要期刊,国家自然科学基金面上项目、重大项目,香港科学研究奖励机构,以及十余种大陆和台湾重要杂志的评审工作,并担任中国金融学年会、中国国际金融年会(CICF)、中国金融学术年会(CFRC)、EFMA, 台湾财务学会等年会的委員。实务方面,她兼任中国金融期货交易所专家委员,证监会、中金所、民生银行以及华融资产管理公司博士后站指导导师,台湾期交所交易委员,证券商业同业公会顾问,台北市政府特种基金顾问,投资人保护中心调解委员,台湾经济部国有事业民营化咨询委员,台湾证券柜台买卖中心独立董事,中银国际独立董事等。

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