Chaojun Wang

University of Pennsylvania - The Wharton School

3641 Locust Walk

Philadelphia, PA 19104-6365

United States

SCHOLARLY PAPERS

8

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2,385

TOTAL CITATIONS
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SSRN RANKINGS

Top 17,907

in Total Papers Citations

53

Scholarly Papers (8)

1.

Regulating Over-the-Counter Markets

Journal of Finance forthcoming
Number of pages: 48 Posted: 13 Dec 2017 Last Revised: 16 Mar 2025
Tomy Lee and Chaojun Wang
Central European University (CEU) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 520 (115,481)
Citation 8

Abstract:

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Over-the-counter, exchanges, adverse selection, price discrimination, venue choice, regulation, optimal tax

2.

Core-Periphery Trading Networks

Number of pages: 80 Posted: 16 Mar 2016 Last Revised: 14 Dec 2016
Chaojun Wang
University of Pennsylvania - The Wharton School
Downloads 434 (143,426)
Citation 41

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Over-the-counter, network, financial intermediation, trade competition, inventory cost, liquidity

Size Discount and Size Penalty: Trading Costs in Bond Markets

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 68 Posted: 22 Apr 2021 Last Revised: 14 Dec 2023
Gabor Pinter, Chaojun Wang and Junyuan Zou
Bank of England, University of Pennsylvania - The Wharton School and INSEAD
Downloads 274 (235,414)

Abstract:

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Trading Costs, Government and Corporate Bonds, Trader Identities, Size Discount, Size Penalty

Size Discount and Size Penalty: Trading Costs in Bond Markets

Bank of England Working Paper No. 970, 2022
Number of pages: 56 Posted: 04 May 2022
Gabor Pinter, Chaojun Wang and Junyuan Zou
Bank of England, University of Pennsylvania - The Wharton School and INSEAD
Downloads 139 (442,265)

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Trading costs, trade size, government and corporate bonds, trader identities

Information Chasing versus Adverse Selection

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 57 Posted: 09 Sep 2020 Last Revised: 12 Aug 2021
Gabor Pinter, Chaojun Wang and Junyuan Zou
Bank of England, University of Pennsylvania - The Wharton School and INSEAD
Downloads 218 (296,937)

Abstract:

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Information Chasing, Adverse Selection, Over-the-Counter, Multi-Dealer Platform, Winner’s Curse, Pre-Trade and Post-Trade Transparency, Price Efficiency, Price Dispersion, Information Concentration

Information Chasing Versus Adverse Selection

Bank of England Working Paper No. 971, 2022
Number of pages: 60 Posted: 04 May 2022
Gabor Pinter, Chaojun Wang and Junyuan Zou
Bank of England, University of Pennsylvania - The Wharton School and INSEAD
Downloads 137 (447,495)

Abstract:

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Information chasing, adverse selection, over-the-counter, price efficiency

5.

Search in Over-the-Counter Markets

Number of pages: 52 Posted: 04 Aug 2022 Last Revised: 17 Oct 2022
Chaojun Wang
University of Pennsylvania - The Wharton School
Downloads 322 (199,842)

Abstract:

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Over-the-counter, search friction, directed search, random search, asset concentration, intermediation

6.

The Limits of Multi-Dealer Platforms

Number of pages: 44 Posted: 01 Sep 2022 Last Revised: 02 Oct 2022
Chaojun Wang
University of Pennsylvania - The Wharton School
Downloads 197 (328,203)
Citation 4

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Over-the-counter, multi-dealer platforms, request for quote, pre-trade transparency

7.

China Walls

The Wharton School Research Paper
Number of pages: 55 Posted: 06 Dec 2024 Last Revised: 06 Feb 2025
Tomy Lee, Daniel Nathan and Chaojun Wang
Central European University (CEU) - Department of Economics, Bank of Israel and University of Pennsylvania - The Wharton School
Downloads 82 (641,990)

Abstract:

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information barriers, information sharing, banking conglomerates, financial networks, regulatory capacity

8.

Running Responsibly

Number of pages: 51 Posted: 07 Mar 2025 Last Revised: 27 Mar 2025
Tomy Lee and Chaojun Wang
Central European University (CEU) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 62 (747,505)

Abstract:

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Global game, bank run, social responsibility, divestment, sustainable investing, ESG