Hao Jiang

Michigan State University

Associate Professor

315 Eppley Center

Department of Finance

East Lansing, MI 48824

United States

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

SCHOLARLY PAPERS

15

DOWNLOADS
Rank 4,321

SSRN RANKINGS

Top 4,321

in Total Papers Downloads

9,065

CITATIONS
Rank 10,155

SSRN RANKINGS

Top 10,155

in Total Papers Citations

42

Scholarly Papers (15)

1.

Tail Risk and Hedge Fund Returns

Chicago Booth Research Paper No. 12-44, Fama-Miller Working Paper
Number of pages: 42 Posted: 31 May 2012 Last Revised: 20 Nov 2012
Bryan T. Kelly and Hao Jiang
Yale SOM and Michigan State University
Downloads 2,256 (5,685)
Citation 6

Abstract:

Loading...

Hedge fund, tail risk, performance evaluation

2.
Downloads 71 ( 9,648)
Citation 19

Tail Risk and Asset Prices

NBER Working Paper No. w19375
Number of pages: 51 Posted: 30 Aug 2013
Bryan T. Kelly and Hao Jiang
Yale SOM and Michigan State University
Downloads 71 (323,189)
Citation 19

Abstract:

Loading...

3.

News Momentum

Number of pages: 51 Posted: 26 Oct 2015 Last Revised: 07 Jul 2017
Hao Jiang, Sophia Zhengzi Li and Hao Wang
Michigan State University, Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick and Prime Quantitative Research
Downloads 1,345 (13,403)

Abstract:

Loading...

News; Momentum; Reversal; Underreaction; Attention; Limits to Arbitrage

4.

Institutional Investors, Intangible Information and the Book-to-Market Effect

Journal of Financial Economics (JFE), Vol. 96, pp. 98–126, 2010
Number of pages: 62 Posted: 22 Feb 2007 Last Revised: 27 Nov 2014
Hao Jiang
Michigan State University
Downloads 837 (27,249)
Citation 5

Abstract:

Loading...

Book-to-Market Effect, Institutional Investors, Intangible Information, Overreaction

5.

Information Content When Mutual Funds Deviate from Benchmarks

AFA 2012 Chicago Meetings Paper
Number of pages: 33 Posted: 12 Mar 2011 Last Revised: 16 Sep 2013
Hao Jiang, Marno Verbeek and Yu Wang
Michigan State University, Erasmus University - Rotterdam School of Management and Aspect Capital
Downloads 779 (30,071)
Citation 5

Abstract:

Loading...

Mutual Funds, Benchmarks, Private Information, Fund Performance

6.

Investor Flows and Fragility in Corporate Bond Funds

Number of pages: 50 Posted: 21 Apr 2015 Last Revised: 18 Jul 2015
Itay Goldstein, Hao Jiang and David T. Ng
University of Pennsylvania - The Wharton School - Finance Department, Michigan State University and Cornell University
Downloads 601 (42,666)
Citation 2

Abstract:

Loading...

Fund Flows, Fragility, Bond Funds, Runs

7.

Dispersion in Beliefs among Active Mutual Funds and the Cross-Section of Stock Returns

AFA 2013 San Diego Meetings Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 62 Posted: 12 Nov 2011 Last Revised: 16 Sep 2013
Hao Jiang and Zheng Sun
Michigan State University and University of California, Irvine - Paul Merage School of Business
Downloads 596 (43,154)
Citation 3

Abstract:

Loading...

Mutual Funds, Private Information, Dispersion in Beliefs, Short-Sale Constraints, Asymmetric Information

8.

Does Herding Behavior Reveal Skill? An Analysis of Mutual Fund Performance

Number of pages: 90 Posted: 12 Apr 2013 Last Revised: 12 Dec 2017
Hao Jiang and Michela Verardo
Michigan State University and London School of Economics & Political Science (LSE)
Downloads 579 (44,821)
Citation 1

Abstract:

Loading...

Mutual funds, performance, herding, imitation, alpha

9.

Reaching for Dividends

Number of pages: 66 Posted: 24 Oct 2015 Last Revised: 05 Aug 2017
Hao Jiang and Zheng Sun
Michigan State University and University of California, Irvine - Paul Merage School of Business
Downloads 573 (45,419)

Abstract:

Loading...

Equity Duration, Interest Rate Risk, Dividends, Income Funds, Flows, Institutional Investors

10.

Active Fundamental Performance

Review of Financial Studies Forthcoming
Number of pages: 56 Posted: 14 Aug 2013 Last Revised: 04 Oct 2018
Hao Jiang and Lu Zheng
Michigan State University and University of California, Irvine - Paul Merage School of Business
Downloads 451 (61,444)

Abstract:

Loading...

Mutual Funds, Performance Evaluation, Skill, Earnings Announcement

11.

Dynamic Liquidity Management by Corporate Bond Mutual Funds

Number of pages: 42 Posted: 08 May 2016 Last Revised: 30 Oct 2017
Hao Jiang, Dan Li and Ashley Wang
Michigan State University, Federal Reserve Board and Federal Reserve Board
Downloads 416 (67,680)

Abstract:

Loading...

Liquidity, Mutual funds, Asset Managers, Corporate Bond Funds, Run risks

12.

Investor Composition and Liquidity: An Analysis of Japanese Stocks

Number of pages: 39 Posted: 14 Aug 2012 Last Revised: 23 Aug 2014
Michigan State University, University of Texas at Austin - Department of Finance and Australian National University (ANU)
Downloads 255 (116,976)

Abstract:

Loading...

Liquidity, Foreign Institutions, Japan, Bid-Ask Spreads

13.

News and Corporate Bond Liquidity

Number of pages: 53 Posted: 18 May 2014 Last Revised: 26 Mar 2015
Hao Jiang and Zheng Sun
Michigan State University and University of California, Irvine - Paul Merage School of Business
Downloads 254 (117,467)

Abstract:

Loading...

Corporate Bonds; News; Information Asymmetry; Liquidity; Yields; Bond Return

14.

Trading is Hazardous to Your Wealth: Evidence from Mutual Funds Around the World

Number of pages: 45 Posted: 30 Nov 2017 Last Revised: 26 Jan 2018
Teodor Dyakov, Hao Jiang and Marno Verbeek
Vrije Universiteit Amsterdam, School of Business and Economics, Michigan State University and Erasmus University - Rotterdam School of Management
Downloads 52 (373,132)

Abstract:

Loading...

international mutual funds, trading performance, herding

15.

The Impact of International Institutional Investors on Local Equity Prices: Reversal of the Size Premium

Financial Analysts Journal, Vol. 67, No. 6, 2011
Posted: 23 Nov 2011
Takeshi Yamada and Hao Jiang
Australian National University (ANU) and Michigan State University

Abstract:

Loading...

Equity Investments, Equity Market Valuation and Return Analysis, Analysis of World Security Markets, International Equity Investing, Equity Markets, Characteristics, Institutions, Benchmarks, Organization and Functioning of Securities Markets, Portfolio Management, Equity Portfolio Management