Wenhao Li

University of Southern California - Marshall School of Business

Assistant Professor of Finance and Business Economics

701 Exposition Blvd

Los Angeles, CA California 90089

United States

http://www.wenhao-li.com

SCHOLARLY PAPERS

9

DOWNLOADS

2,634

SSRN CITATIONS

5

CROSSREF CITATIONS

1

Scholarly Papers (9)

Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment

Number of pages: 74 Posted: 09 Apr 2020 Last Revised: 25 Oct 2021
Arvind Krishnamurthy and Wenhao Li
Stanford Graduate School of Business and University of Southern California - Marshall School of Business
Downloads 601 (61,345)
Citation 1

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financial crises, intermediation, sentiment, credit spread

Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment

NBER Working Paper No. w27088
Number of pages: 75 Posted: 05 May 2020 Last Revised: 06 Jan 2022
Arvind Krishnamurthy and Wenhao Li
Stanford Graduate School of Business and University of Southern California - Marshall School of Business
Downloads 11 (785,609)
Citation 1

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2.

Public Liquidity and Financial Crises

USC Marshall School of Business Research Paper
Number of pages: 65 Posted: 24 Jun 2018 Last Revised: 17 Nov 2021
Wenhao Li
University of Southern California - Marshall School of Business
Downloads 593 (63,009)

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public liquidity, financial crisis, liquidity premium, banking

3.

The Term Structure of Liquidity Premium

USC Marshall School of Business Research Paper
Number of pages: 58 Posted: 07 Nov 2019 Last Revised: 23 Mar 2021
Scott Joslin, Wenhao Li and Yang Song
University of Southern California - Department of Finance and Business Economics, University of Southern California - Marshall School of Business and University of Washington - Michael G. Foster School of Business
Downloads 417 (96,926)

Abstract:

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Liquidity Premium, Term Structure, Monetary Policy

4.

The Passthrough of Treasury Supply to Bank Deposit Funding

Columbia Business School Research Paper, USC Marshall School of Business Research Paper
Number of pages: 96 Posted: 09 Jan 2019 Last Revised: 31 Dec 2021
Wenhao Li, Yiming Ma and Yang Zhao
University of Southern California - Marshall School of Business, Columbia University - Columbia Business School and Stanford University, Graduate School of Business
Downloads 417 (96,649)

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safe assets, bank deposits, deposit competition, treasury supply, monetary policy

5.

Firm Quality Dynamics and the Slippery Slope of Credit Intervention

USC Marshall School of Business Research Paper, Fisher College of Business Working Paper No. 2020-03-028, Proceedings of Paris December 2021 Finance Meeting EUROFIDAI - ESSEC, Charles A. Dice Working Paper No. 2020-28
Number of pages: 92 Posted: 01 Dec 2020 Last Revised: 06 Nov 2021
Wenhao Li and Ye Li
University of Southern California - Marshall School of Business and Ohio State University (OSU)
Downloads 215 (192,893)

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heterogeneous firms, firm distribution, credit intervention, liquidity facility, unconventional monetary policy, collateral, limited commitment, corporate liquidity management, disaster, financial crises, Covid-19 pandemic

The Demand for Money, Near-Money, and Treasury Bonds

USC Marshall School of Business Research Paper
Number of pages: 66 Posted: 07 Jul 2021 Last Revised: 13 Apr 2022
Arvind Krishnamurthy and Wenhao Li
Stanford Graduate School of Business and University of Southern California - Marshall School of Business
Downloads 194 (212,009)

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Liquidity Premium; Money; Government Debt; Shadow Banking

The Demand for Money, Near-Money, and Treasury Bonds

NBER Working Paper No. w30051
Number of pages: 67 Posted: 16 May 2022 Last Revised: 18 May 2022
Arvind Krishnamurthy and Wenhao Li
Stanford Graduate School of Business and University of Southern California - Marshall School of Business
Downloads 4 (854,903)
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7.

Intermediary Funding Cost and Short-Term Risk Premia

Number of pages: 46 Posted: 29 May 2018 Last Revised: 14 Nov 2018
Wenhao Li and Jonathan Wallen
University of Southern California - Marshall School of Business and Stanford University, Graduate School of Business
Downloads 123 (306,882)

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intermediary asset pricing; risk premia; idiosyncratic risks; price reversal

8.

Appendix To 'Public Liquidity and Financial Crises'

Number of pages: 30 Posted: 27 Mar 2019 Last Revised: 10 Jul 2020
Wenhao Li
University of Southern California - Marshall School of Business
Downloads 59 (476,225)
Citation 1

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9.

Liquidity Premium and the Substitution Between Money and Treasuries

USC Marshall School of Business Research Paper
Posted: 11 Sep 2018 Last Revised: 03 Jul 2021
Wenhao Li
University of Southern California - Marshall School of Business

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liquidity premium; substitution; Treasury supply; money; debt valuation