Jinfei Sheng

University of California, Irvine - Paul Merage School of Business

Assistant Professor of Finance

4291 Pereira Drive

Irvine, CA 92697

United States

http://sites.google.com/site/shengjinfei/

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 7,080

SSRN RANKINGS

Top 7,080

in Total Papers Downloads

11,018

SSRN CITATIONS
Rank 13,833

SSRN RANKINGS

Top 13,833

in Total Papers Citations

88

CROSSREF CITATIONS

12

Scholarly Papers (13)

1.
Downloads 1,751 (17,447)
Citation 24

Macro News and Micro News: Complements or Substitutes?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 53 Posted: 28 Dec 2016 Last Revised: 07 Oct 2021
David A. Hirshleifer and Jinfei Sheng
Marshall School of Business, USC and University of California, Irvine - Paul Merage School of Business
Downloads 1,723 (17,560)
Citation 2

Abstract:

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macro news, earnings announcements, market efficiency, investor attention, complementary relationship

Macro News and Micro News: Complements or Substitutes?

NBER Working Paper No. w28931
Number of pages: 64 Posted: 21 Jun 2021 Last Revised: 21 Jul 2023
David A. Hirshleifer and Jinfei Sheng
Marshall School of Business, USC and University of California, Irvine - Paul Merage School of Business
Downloads 28 (837,371)
Citation 22

Abstract:

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2.

Macroeconomic Attention and Announcement Risk Premia

Review of Financial Studies, Forthcoming
Number of pages: 52 Posted: 15 Dec 2015 Last Revised: 13 Jan 2022
University of British Columbia (UBC) - Sauder School of Business, University of Toronto - Rotman School of Management and UTSC Management and University of California, Irvine - Paul Merage School of Business
Downloads 1,536 (21,295)
Citation 22

Abstract:

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macroeconomic attention, announcement risk premia, endogenous attention, macroeconomic fundamentals

3.

Technology and Cryptocurrency Valuation

Number of pages: 67 Posted: 11 May 2020 Last Revised: 08 May 2023
Yukun Liu, Jinfei Sheng and Wanyi Wang
University of Rochester - Simon Business School, University of California, Irvine - Paul Merage School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 1,326 (26,485)
Citation 6

Abstract:

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Cryptocurrency, Technological Sophistication, Machine Learning, Textual Analysis, FinTech, Blockchain.

4.

Asset Pricing in the Information Age: Employee Expectations and Stock Returns

Number of pages: 55 Posted: 31 Jan 2019 Last Revised: 27 Oct 2023
Jinfei Sheng
University of California, Irvine - Paul Merage School of Business
Downloads 1,249 (29,007)
Citation 14

Abstract:

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Employee expectations, information, stock returns, forecasting, big data, market efficiency.

5.

Do Mutual Funds Walk the Talk? Evidence from Fund Risk Disclosure

Number of pages: 85 Posted: 22 Mar 2021 Last Revised: 19 Oct 2023
Jinfei Sheng, Nan Xu and Lu Zheng
University of California, Irvine - Paul Merage School of Business, Nankai University - School of Finance and University of California, Irvine - Paul Merage School of Business
Downloads 997 (39,989)

Abstract:

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Mutual funds, risk, disclosure, textual analysis, information, prospectus, performance, flow

6.

Cheaper Is Not Better: On the ‘Superior’ Performance of High-Fee Mutual Funds

Rotman School of Management Working Paper No. 2912511, Review of Asset Pricing Studies, Forthcoming
Number of pages: 46 Posted: 09 Feb 2017 Last Revised: 01 Dec 2022
Jinfei Sheng, Mikhail Simutin and Terry Zhang
University of California, Irvine - Paul Merage School of Business, University of Toronto - Rotman School of Management and Australian National University (ANU)
Downloads 995 (40,108)
Citation 3

Abstract:

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Mutual fund performance, fee-performance relation, factor models, valuation cost

7.

Do Investors Affect Financial Analysts’ Behavior? Evidence from Short Sellers

Financial Management, Forthcoming
Number of pages: 49 Posted: 14 Dec 2014 Last Revised: 27 Oct 2022
Yun Ke, Kin Lo, Jinfei Sheng and Jenny Li Zhang
University of Texas at El Paso - Department of Accounting & Information Systems, University of British Columbia (UBC) - Sauder School of Business, University of California, Irvine - Paul Merage School of Business and University of British Columbia - Sauder School of Business
Downloads 877 (47,760)
Citation 2

Abstract:

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Analyst forecast, short sellers, disciplining effect

8.

How does Online Employee Ratings Affect External Firm Financing? Evidence from Glassdoor

Number of pages: 81 Posted: 12 Jan 2020 Last Revised: 15 Sep 2020
Boston College - Carroll School of Management, University of Ottawa - Telfer School of Management and University of California, Irvine - Paul Merage School of Business
Downloads 762 (58,050)
Citation 7

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Seasoned Equity Offerings (SEOs); Soft Information; Online Employee Ratings; Information Environment; Big Data

9.

Partisan Return Gap: The Polarized Stock Market in the Time of a Pandemic

Management Science, Forthcoming
Number of pages: 59 Posted: 25 Mar 2021 Last Revised: 07 Sep 2023
Jinfei Sheng, Zheng Sun and Wanyi Wang
University of California, Irvine - Paul Merage School of Business, University of California, Irvine - Paul Merage School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 623 (75,046)
Citation 3

Abstract:

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Partisanship, Stock returns, Pandemic, COVID-19, Political polarization, Political finance, Social finance

10.

The Real Effects of Government Intervention: Firm-Level Evidence from TARP

2019 American Economic Association Conference
Number of pages: 54 Posted: 12 Dec 2015 Last Revised: 25 Jun 2021
Jinfei Sheng
University of California, Irvine - Paul Merage School of Business
Downloads 401 (127,851)
Citation 2

Abstract:

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government intervention, TARP, real effects, real activities

11.

Are Demographics Responsible for the Declining Interest Rates? Evidence From U.S. Metropolitan Areas

2021 AFA Annual Meeting
Number of pages: 48 Posted: 05 Jan 2017 Last Revised: 08 Jan 2021
Jack Y Favilukis, Jinfei Sheng and Terry Zhang
University of British Columbia (UBC) - Division of Finance, University of California, Irvine - Paul Merage School of Business and Australian National University (ANU)
Downloads 291 (181,525)

Abstract:

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Demographics, Deposit Rates, Lending Rates, Bank Competition

12.

Capitalizing on Retail Investor Sentiment: Evidence from FinTech ETFs

Number of pages: 73 Posted: 07 Nov 2023 Last Revised: 27 Nov 2023
Bong Ko, Jinfei Sheng and Zheng Sun
University of California at Irvine, University of California, Irvine - Paul Merage School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 114 (416,932)

Abstract:

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Retail investors, FinTech, ETFs, FinTech Washing, Sentiment, FOMO

13.

Disagreement of the Employee Crowd and Asset Prices

Number of pages: 47
Jinfei Sheng
University of California, Irvine - Paul Merage School of Business
Downloads 96 (467,485)

Abstract:

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Employee disagreement, wisdom of crowds, stock returns, big data, employee synergy, textual analysis.