Wei Xiong

Princeton University - Department of Economics

Princeton, NJ 08544-1021

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

39

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17,405

CITATIONS
Rank 397

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Top 397

in Total Papers Citations

1,133

Scholarly Papers (39)

1.
Downloads 2,189 ( 4,950)
Citation 263

Overconfidence and Speculative Bubbles

13th Annual Utah Winter Finance Conference; AFA 2003 Washington, DC Meetings
Number of pages: 46 Posted: 31 Jul 2003
Jose A. Scheinkman and Wei Xiong
Columbia University and Princeton University - Department of Economics
Downloads 2,189 (4,846)
Citation 263

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Overconfidence and Speculative Bubbles

Journal of Political Economy, Vol. 111, December 2003
Posted: 03 Oct 2003
Jose A. Scheinkman and Wei Xiong
Columbia University and Princeton University - Department of Economics

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Pay for Short-Term Performance: Executive Compensation in Speculative Markets

ECGI - Finance Working Paper No. 79/2005
Number of pages: 52 Posted: 25 Mar 2005
Columbia Business School - Department of Economics, Princeton University - Department of Economics and Columbia University
Downloads 1,219 (12,834)
Citation 23

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executive compensation, shareholders conflict

Pay for Short-Term Performance: Executive Compensation in Speculative Markets

NBER Working Paper No. w12107
Number of pages: 28 Posted: 15 May 2006 Last Revised: 02 Aug 2010
Columbia Business School - Department of Economics, Columbia University and Princeton University - Department of Economics
Downloads 60 (312,249)
Citation 23

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3.

R2 and Price Inefficiency

Fisher College of Business Working Paper No. 2006-03-007, Charles A. Dice Center Working Paper No. 2006-23
Number of pages: 50 Posted: 02 Jan 2007
Kewei Hou, Wei Xiong and Lin Peng
Ohio State University (OSU) - Department of Finance, Princeton University - Department of Economics and Baruch College/CUNY - Zicklin School of Business
Downloads 1,236 (11,155)
Citation 15

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4.

A Tale of Two Anomalies: The Implications of Investor Attention for Price and Earnings Momentum

Number of pages: 44 Posted: 02 Apr 2007 Last Revised: 11 Nov 2010
Kewei Hou, Wei Xiong and Lin Peng
Ohio State University (OSU) - Department of Finance, Princeton University - Department of Economics and Baruch College/CUNY - Zicklin School of Business
Downloads 1,229 (6,460)
Citation 43

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5.
Downloads 1,021 ( 17,191)
Citation 3

The Financialization of Commodity Markets

Number of pages: 36 Posted: 06 Nov 2013 Last Revised: 16 Nov 2013
Ing-Haw Cheng and Wei Xiong
Tuck School of Business at Dartmouth and Princeton University - Department of Economics
Downloads 964 (18,415)
Citation 3

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futures speculation, financialization, hedging, oil prices, risk sharing, information discovery

The Financialization of Commodity Markets

NBER Working Paper No. w19642
Number of pages: 37 Posted: 16 Nov 2013
Ing-Haw Cheng and Wei Xiong
Tuck School of Business at Dartmouth and Princeton University - Department of Economics
Downloads 57 (320,497)
Citation 3

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What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation

Number of pages: 47 Posted: 13 Mar 2006
Nicholas Barberis and Wei Xiong
Yale School of Management and Princeton University - Department of Economics
Downloads 519 (43,698)
Citation 58

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disposition effect, prospect theory

What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation

NBER Working Paper No. w12397
Number of pages: 48 Posted: 03 Aug 2006 Last Revised: 06 Oct 2006
Nicholas Barberis and Wei Xiong
Yale School of Management and Princeton University - Department of Economics
Downloads 259 (99,554)
Citation 58

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7.

Index Investment and Financialization of Commodities

Number of pages: 49 Posted: 17 Aug 2009 Last Revised: 21 Sep 2010
Ke Tang and Wei Xiong
Institute of Economics, School of Social Science, Tsinghua University and Princeton University - Department of Economics
Downloads 739 (24,845)
Citation 65

Abstract:

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co-movement of commodities, volatility, financial crisis

8.
Downloads 728 ( 28,245)
Citation 42

Heterogeneous Expectations and Bond Markets

Review of Financial Studies, Forthcoming, Yale ICF Working Paper No. 06-35
Number of pages: 40 Posted: 03 Jan 2007 Last Revised: 11 Nov 2010
Hongjun Yan and Wei Xiong
Driehaus College of Business, DePaul University and Princeton University - Department of Economics
Downloads 696 (29,520)
Citation 42

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bond markets, heterogeneous expectations, yield curve, bond yield volatility

Heterogeneous Expectations and Bond Markets

NBER Working Paper No. w12781
Number of pages: 52 Posted: 23 Dec 2006
Hongjun Yan and Wei Xiong
Driehaus College of Business, DePaul University and Princeton University - Department of Economics
Downloads 32 (407,447)
Citation 42

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Executive Compensation and Short-termist Behavior in Speculative Markets

Number of pages: 55 Posted: 28 May 2003
Columbia Business School - Department of Economics, Princeton University - Department of Economics and Columbia University
Downloads 608 (35,461)
Citation 88

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Executive Compensation, Short-term Behavior, Speculative Market, Corporate Governance

Executive Compensation and Short-Termist Behavior in Speculative Markets

NBER Working Paper No. w9722
Number of pages: 56 Posted: 25 May 2006 Last Revised: 02 Nov 2010
Columbia Business School - Department of Economics, Princeton University - Department of Economics and Columbia University
Downloads 41 (371,632)
Citation 88

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Executive Compensation and Short-Termist Behavior in Speculative Markets

Review of Economic Studies, Forthcoming
Posted: 30 Nov 2005
Columbia Business School - Department of Economics, Columbia University and Princeton University - Department of Economics

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Executive Compensation, Over-investment, Short-term Behavior, Speculative Markets

Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia

AFA 2005 Philadelphia Meetings
Number of pages: 40 Posted: 26 Mar 2005
New York University (NYU) - Department of Finance, Princeton University - Department of Economics and Columbia University
Downloads 545 (41,053)
Citation 36

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speculative trading, equity overvaluation, Chinese stock markets

Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia

NBER Working Paper No. w11362
Number of pages: 41 Posted: 23 Jun 2005 Last Revised: 20 Jul 2010
New York University (NYU) - Department of Finance, Princeton University - Department of Economics and Columbia University
Downloads 83 (259,582)
Citation 36

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11.
Downloads 595 ( 36,983)
Citation 75

Asset Float and Speculative Bubbles

Number of pages: 52 Posted: 28 Feb 2004
Columbia University, Princeton University - Department of Economics and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 547 (40,820)
Citation 75

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Speculative Bubbles, Asset Float, Lock-up Expiration, Short-Sales Constraints, Heterogeneous Beliefs

Asset Float and Speculative Bubbles

NBER Working Paper No. w11367
Number of pages: 52 Posted: 24 Jun 2005 Last Revised: 25 Jul 2010
Columbia University, Princeton University - Department of Economics and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 48 (347,944)
Citation 75

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Asset Float and Speculative Bubbles

Journal of Finance, Forthcoming
Posted: 29 Aug 2005
Columbia University, Princeton University - Department of Economics and Columbia University, Graduate School of Arts and Sciences, Department of Economics

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12.
Downloads 551 ( 40,983)
Citation 6

Wall Street and the Housing Bubble

Number of pages: 44 Posted: 12 Mar 2013 Last Revised: 28 Jan 2014
Ing-Haw Cheng, Sahil Raina and Wei Xiong
Tuck School of Business at Dartmouth, Alberta School of Business, University of Alberta and Princeton University - Department of Economics
Downloads 518 (43,803)
Citation 6

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securitization, housing bubble, beliefs

Wall Street and the Housing Bubble

NBER Working Paper No. w18904
Number of pages: 42 Posted: 22 Mar 2013
Ing-Haw Cheng, Sahil Raina and Wei Xiong
Tuck School of Business at Dartmouth, Alberta School of Business, University of Alberta and Princeton University - Department of Economics
Downloads 33 (403,146)
Citation 6

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13.

Contagion as a Wealth Effect of Financial Intermediaries

Number of pages: 55 Posted: 06 Feb 2000
Albert S. Kyle and Wei Xiong
University of Maryland and Princeton University - Department of Economics
Downloads 548 (38,748)
Citation 44

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14.
Downloads 485 ( 48,177)
Citation 16

The Chinese Warrants Bubble

AFA 2011 Denver Meetings Paper
Number of pages: 50 Posted: 17 Mar 2009 Last Revised: 06 Sep 2011
Wei Xiong and Jialin Yu
Princeton University - Department of Economics and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 308 (82,203)
Citation 16

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The Chinese Warrants Bubble

American Economic Review, Vol. 101, pp. 2723-2753, October 2011 , Economic Theory Center Working Paper No. 38-2012
Number of pages: 32 Posted: 27 Oct 2011
Jialin Yu and Wei Xiong
Hong Kong University of Science & Technology (HKUST) - Department of Finance and Princeton University - Department of Economics
Downloads 140 (177,561)
Citation 16

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The Chinese Warrants Bubble

NBER Working Paper No. w15481
Number of pages: 42 Posted: 09 Nov 2009 Last Revised: 12 Nov 2009
Wei Xiong and Jialin Yu
Princeton University - Department of Economics and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 37 (386,722)
Citation 16

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15.
Downloads 417 ( 58,176)
Citation 36

Rollover Risk and Credit Risk

Journal of Finance, Forthcoming
Number of pages: 48 Posted: 17 Sep 2009 Last Revised: 09 Jun 2011
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 364 (67,729)
Citation 36

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Short-term Debt Crisis, Endogenous Default, Flight to Quality, Liquidity Spillover, Debt Maturity Structure

Rollover Risk and Credit Risk

NBER Working Paper No. w15653
Number of pages: 50 Posted: 18 Jan 2010 Last Revised: 22 Jan 2010
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 53 (332,227)
Citation 36

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Investor Attention, Overconfidence and Category Learning

Number of pages: 53 Posted: 26 May 2005
Lin Peng and Wei Xiong
Baruch College/CUNY - Zicklin School of Business and Princeton University - Department of Economics
Downloads 348 (71,465)
Citation 77

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Limited attention, category effects, behavioral biases, comovement, return predictability

Investor Attention: Overconfidence and Category Learning

NBER Working Paper No. w11400
Number of pages: 54 Posted: 06 Jul 2005 Last Revised: 27 Aug 2010
Wei Xiong and Lin Peng
Princeton University - Department of Economics and Baruch College/CUNY - Zicklin School of Business
Downloads 65 (299,335)
Citation 77

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Investor Attention, Overconfidence and Category Learning

Journal of Financial Economics, Forthcoming
Posted: 29 Aug 2005
Lin Peng and Wei Xiong
Baruch College/CUNY - Zicklin School of Business and Princeton University - Department of Economics

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Limited Attention, Category Effects, Behavioral Biases, Comovement, Return Predictability

17.
Downloads 359 ( 69,434)
Citation 8

Investor Attention and Time-Varying Comovements

Number of pages: 39 Posted: 03 Oct 2006
Wei Xiong, Lin Peng and Tim Bollerslev
Princeton University - Department of Economics, Baruch College/CUNY - Zicklin School of Business and Duke University - Finance
Downloads 337 (74,218)
Citation 8

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Investor Attention, information processing, comovements

Investor Attention and Time-Varying Comovements

European Financial Management, Vol. 13, No. 3, pp. 394-422, June 2007
Number of pages: 29 Posted: 24 May 2007
Lin Peng, Wei Xiong and Tim Bollerslev
Baruch College/CUNY - Zicklin School of Business, Princeton University - Department of Economics and Duke University - Finance
Downloads 22 (459,169)
Citation 8
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18.

A General Framework for Evaluating Executive Stock Options

Number of pages: 40 Posted: 21 Aug 2003
Ronnie Sircar and Wei Xiong
Princeton University - Department of Operations Research and Financial Engineering and Princeton University - Department of Economics
Downloads 308 (81,552)
Citation 5

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Executive stock options; Reloading; Repricing; Trading and hedging restrictions; Vesting period

19.
Downloads 293 ( 87,552)
Citation 31

Dynamic Debt Runs

AFA 2010 Atlanta Meetings Paper
Number of pages: 46 Posted: 13 Mar 2009 Last Revised: 11 Nov 2010
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 263 (97,911)
Citation 31

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Rollover Risk, Debt Crisis, Dynamic Coordination

Dynamic Debt Runs

NBER Working Paper No. w15482
Number of pages: 54 Posted: 09 Nov 2009 Last Revised: 13 Nov 2009
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 30 (416,544)
Citation 31

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20.
Downloads 287 ( 88,580)
Citation 18

Prospect Theory and Liquidation Decisions

Number of pages: 30 Posted: 19 May 2005
Albert S. Kyle, Hui Ou-Yang and Wei Xiong
University of Maryland, Cheung Kong Graduate School of Business and Princeton University - Department of Economics
Downloads 287 (89,139)
Citation 18

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Loss aversion, disposition effect; break-even effect

Prospect Theory and Liquidation Decisions

Journal of Economic Theory, Forthcoming
Posted: 21 May 2005
Albert S. Kyle, Hui Ou-Yang and Wei Xiong
University of Maryland, Cheung Kong Graduate School of Business and Princeton University - Department of Economics

Abstract:

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Loss aversion, disposition effect; break-even effect

21.

Imperfect Arbitrage with Wealth Effects

Number of pages: 61 Posted: 06 Feb 2000
Wei Xiong
Princeton University - Department of Economics
Downloads 281 (88,928)
Citation 1

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22.

Speculative Trading and Stock Prices: An Analysis of Chinese A-B Share Premia

NYU Working Paper No. FIN-03-017
Number of pages: 48 Posted: 11 Nov 2008
New York University (NYU) - Department of Finance, Columbia University and Princeton University - Department of Economics
Downloads 276 (85,902)
Citation 24

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23.
Downloads 242 (107,413)

Why Do Hedgers Trade So Much?

Number of pages: 22 Posted: 13 Nov 2013 Last Revised: 25 Jan 2014
Ing-Haw Cheng and Wei Xiong
Tuck School of Business at Dartmouth and Princeton University - Department of Economics
Downloads 194 (132,997)

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commodity speculation, hedging, financialization

Why Do Hedgers Trade so Much?

NBER Working Paper No. w19670
Number of pages: 22 Posted: 23 Nov 2013
Ing-Haw Cheng and Wei Xiong
Tuck School of Business at Dartmouth and Princeton University - Department of Economics
Downloads 48 (347,944)

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24.
Downloads 175 (146,389)
Citation 10

A Welfare Criterion for Models with Distorted Beliefs

Number of pages: 48 Posted: 15 Mar 2012
Princeton University - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Princeton University - Department of Economics
Downloads 162 (156,757)
Citation 10

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A Welfare Criterion for Models with Distorted Beliefs

NBER Working Paper No. w20691
Number of pages: 55 Posted: 24 Nov 2014
Princeton University - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Princeton University - Department of Economics
Downloads 13 (511,695)
Citation 10

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Delegated Asset Management, Investment Mandates, and Capital Immobility

Journal of Financial Economics (JFE), Forthcoming, Economic Theory Center Working Paper No. 39-2012
Number of pages: 45 Posted: 15 Mar 2009 Last Revised: 31 May 2012
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 135 (182,895)
Citation 5

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Institutional Frictions, Negatively Skewed Risk, Tracking Error Constraints, Market Segmentation

Delegated Asset Management, Investment Mandates, and Capital Immobility

NBER Working Paper No. w14574
Number of pages: 45 Posted: 29 Dec 2008 Last Revised: 22 Jan 2009
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 24 (447,642)
Citation 7

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Credit Expansion and Neglected Crash Risk

Number of pages: 91 Posted: 26 Jan 2017
Matthew D. Baron and Wei Xiong
Cornell University - Samuel Curtis Johnson Graduate School of Management and Princeton University - Department of Economics
Downloads 143 (174,484)

Abstract:

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Credit Expansion, Financial Crises

Credit Expansion and Neglected Crash Risk

NBER Working Paper No. w22695
Number of pages: 55 Posted: 03 Oct 2016
Matthew D. Baron and Wei Xiong
Cornell University - Samuel Curtis Johnson Graduate School of Management and Princeton University - Department of Economics
Downloads 5 (555,817)
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27.
Downloads 98 (231,211)
Citation 8

Convective Risk Flows in Commodity Futures Markets

Forthcoming, Review of Finance, AFA 2013 San Diego Meetings Paper
Number of pages: 51 Posted: 07 Mar 2012 Last Revised: 09 Sep 2014
Tuck School of Business at Dartmouth, Imperial College London - Centre for Global Finance and Technology and Princeton University - Department of Economics
Downloads 65 (299,335)
Citation 8

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systemic risk, commodity index traders, hedging pressure

Convective Risk Flows in Commodity Futures Markets

NBER Working Paper No. w17921
Number of pages: 61 Posted: 25 Mar 2012
Tuck School of Business at Dartmouth, Imperial College London - Centre for Global Finance and Technology and Princeton University - Department of Economics
Downloads 33 (403,146)
Citation 8

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28.

Realization Utility

NBER Working Paper No. w14440
Number of pages: 48 Posted: 27 Oct 2008
Nicholas Barberis and Wei Xiong
Yale School of Management and Princeton University - Department of Economics
Downloads 82 (259,274)
Citation 16

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29.

Advisors and Asset Prices: A Model of the Origins of Bubbles

NBER Working Paper No. w13504
Number of pages: 48 Posted: 16 Oct 2007
Columbia University, Princeton University - Department of Economics and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 62 (286,500)
Citation 21

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30.

Index Investment and Financialization of Commodities

NBER Working Paper No. w16385
Number of pages: 51 Posted: 27 Sep 2010 Last Revised: 17 Oct 2010
Ke Tang and Wei Xiong
Hanqing Advanced Institute of Economics and Finance and Princeton University - Department of Economics
Downloads 46 (313,312)
Citation 65

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31.

Debt Financing in Asset Markets

NBER Working Paper No. w17935
Number of pages: 47 Posted: 31 Mar 2012
Zhiguo He and Wei Xiong
University of Chicago - Booth School of Business, and NBER and Princeton University - Department of Economics
Downloads 16 (415,050)
Citation 1

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32.

Demystifying the Chinese Housing Boom

NBER Working Paper No. w21112
Number of pages: 74 Posted: 27 Apr 2015 Last Revised: 07 May 2015
University of Pennsylvania - Department of Economics, Peking University, Princeton University - Department of Economics and Peking University - Guanghua School of Management
Downloads 11 (460,580)
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33.

Are Commodity Futures Prices Barometers of the Global Economy?

NBER Working Paper No. w19706
Number of pages: 48 Posted: 10 Dec 2013
Conghui Hu and Wei Xiong
University of International Business and Economics and Princeton University - Department of Economics
Downloads 7 (293,376)

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34.

Bubbles, Crises, and Heterogeneous Beliefs

NBER Working Paper No. w18905
Number of pages: 52 Posted: 22 Mar 2013
Wei Xiong
Princeton University - Department of Economics
Downloads 7 (364,444)
Citation 3

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35.

Informational Frictions and Commodity Markets

NBER Working Paper No. w18906
Number of pages: 52 Posted: 22 Mar 2013
Michael Sockin and Wei Xiong
University of Texas at Austin - Red McCombs School of Business and Princeton University - Department of Economics
Downloads 5 (406,172)
Citation 4

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36.

Social Trust and Differential Reactions of Local and Foreign Investors to Public News

NBER Working Paper No. w21075
Number of pages: 55 Posted: 13 Apr 2015 Last Revised: 23 Apr 2015
Chunxin Jia, Yaping Wang and Wei Xiong
Peking University - Guanghua School of Management, Peking University - Guanghua School of Management and Princeton University - Department of Economics
Downloads 4 (512,267)
Citation 1
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37.

Daily Price Limits and Destructive Market Behavior

NBER Working Paper No. w24014
Number of pages: 45 Posted: 13 Nov 2017
Hong Kong University of Science & Technology (HKUST), The Chinese University of Hong Kong (CUHK) - CUHK Business School, Shenzhen Stock Exchange, CUHK Business School, The Chinese University of Hong Kong and Princeton University - Department of Economics
Downloads 0 (548,415)
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38.

China's Gradualistic Economic Approach and Financial Markets

NBER Working Paper No. w23194
Number of pages: 14 Posted: 27 Feb 2017
Princeton University - Department of Economics, University of Texas at Austin - Red McCombs School of Business and Princeton University - Department of Economics
Downloads 0 (491,768)
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39.

Financialization of Commodity Markets

Annual Review of Financial Economics, Vol. 6, pp. 419-441, 2014
Posted: 25 Nov 2014
Ing-Haw Cheng and Wei Xiong
Tuck School of Business at Dartmouth and Princeton University - Department of Economics

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