Youchang Wu

University of Oregon - Lundquist College of Business

Associate professor

1280 University of Oregon

Eugene, OR 97403

United States

http://www.youchangwu.com

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 7,992

SSRN RANKINGS

Top 7,992

in Total Papers Downloads

8,796

SSRN CITATIONS
Rank 9,404

SSRN RANKINGS

Top 9,404

in Total Papers Citations

61

CROSSREF CITATIONS

73

Scholarly Papers (20)

1.

Intermediated Investment Management

Journal of Finance, Vol. 66, No. 3, pp. 947-980, 2011, EFA 2007 Ljubljana Meetings Paper, AFA 2009 San Francisco Meetings Paper
Number of pages: 47 Posted: 25 Mar 2008 Last Revised: 18 Mar 2012
Neal Stoughton, Youchang Wu and Josef Zechner
Vienna University of Economics and Business, University of Oregon - Lundquist College of Business and Vienna University of Economics and Business
Downloads 935 (38,164)
Citation 8

Abstract:

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investment management, intermediation, investment adviser, kickback

2.

Portfolio Performance, Discount Dynamics, and the Turnover of Closed-End Fund Managers

EFA 2006 Zurich Meetings Paper, AFA 2008 New Orleans Meetings Paper
Number of pages: 45 Posted: 23 Mar 2005 Last Revised: 27 Nov 2008
Russ Wermers, Youchang Wu and Josef Zechner
University of Maryland - Robert H. Smith School of Business, University of Oregon - Lundquist College of Business and Vienna University of Economics and Business
Downloads 870 (42,158)
Citation 12

Abstract:

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Closed-end fund, manager turnover, discount

3.

Mutual Fund Flows and Cross-Fund Learning Within Families

Journal of Finance, Forthcoming
Number of pages: 69 Posted: 11 Oct 2010 Last Revised: 30 Jul 2014
David P. Brown and Youchang Wu
University of Wisconsin - Madison - Department of Finance, Investment and Banking and University of Oregon - Lundquist College of Business
Downloads 815 (46,056)
Citation 10

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Mutual Fund Family, Fund Flow, Performance Evaluation, Bayesian Learning

4.

Production Networks and Stock Returns: The Role of Vertical Creative Destruction

Review of Financial Studies (Forthcoming)
Number of pages: 90 Posted: 06 Jun 2017 Last Revised: 02 Feb 2020
Michael Gofman, Gill Segal and Youchang Wu
Hebrew University of Jerusalem - Jerusalem School of Business Administration, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Oregon - Lundquist College of Business
Downloads 713 (55,209)
Citation 12

Abstract:

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production networks, stock returns, creative destruction, monopolistic competition, technological innovations

5.

Private Equity and Financial Adviser Misconduct

Number of pages: 50 Posted: 30 Dec 2021
Albert Sheen, Youchang Wu and Yuwen Yuan
University of Oregon - Department of Finance, University of Oregon - Lundquist College of Business and University of Oregon
Downloads 597 (69,329)

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Financial adviser, financial misconduct, private equity, asset management, fraud, ethics

6.

Disentangling Liquidity and Size Effects in Stock Returns: Evidence from China

Number of pages: 41 Posted: 20 Jul 2006
Rong Cui and Youchang Wu
University of Vienna - School of Business, Economics and Statistics - Department of Finance and University of Oregon - Lundquist College of Business
Downloads 588 (70,672)
Citation 3

Abstract:

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liquidity, size effect, stock returns, Chinese stock market

7.

Industry Competition, Winner's Advantage, and Cash Holdings

Number of pages: 55 Posted: 11 Aug 2013 Last Revised: 26 Nov 2015
Liang Ma, Antonio S. Mello and Youchang Wu
University of South Carolina - Darla Moore School of Business, University of Wisconsin - Madison - Department of Finance, Investment and Banking and University of Oregon - Lundquist College of Business
Downloads 540 (78,587)
Citation 14

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Cash holdings, Innovation, Competition, Winner's Advantage

8.

The Dynamics of Hedge Fund Fees

Number of pages: 42 Posted: 17 Aug 2010 Last Revised: 14 Nov 2013
Indian School of Business, University of Oregon - Charles H. Lundquist School of Business, University of Oregon - Lundquist College of Business and University of Illinois at Urbana-Champaign
Downloads 530 (80,427)
Citation 5

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Hedge Funds, Fees, Incentives

9.

Asset Volatility and Capital Structure: Evidence from Corporate Mergers

Management Science (Forthcoming)
Number of pages: 72 Posted: 22 Feb 2014 Last Revised: 20 Jan 2020
Oliver Levine and Youchang Wu
University of Wisconsin - Madison - Department of Finance and University of Oregon - Lundquist College of Business
Downloads 473 (92,532)
Citation 2

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Capital structure, Mergers and acquisitions (M&As), Corporate cash holdings, Financial synergy

Market Discipline and Internal Governance in the Mutual Fund Industry

University of Vienna, Department of Finance Working Paper No. 2004-3, AFA 2006 Boston Meetings Paper
Number of pages: 39 Posted: 07 Feb 2005
Thomas Dangl, Youchang Wu and Josef Zechner
Vienna University of Technology, University of Oregon - Lundquist College of Business and Vienna University of Economics and Business
Downloads 297 (154,635)
Citation 4

Abstract:

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mutual funds, portfolio management, governance, market discipline

Market Discipline and Internal Governance in the Mutual Fund Industry

Review of Financial Studies, Forthcoming
Number of pages: 51 Posted: 22 Jun 2006
Thomas Dangl, Youchang Wu and Josef Zechner
Vienna University of Technology, University of Oregon - Lundquist College of Business and Vienna University of Economics and Business
Downloads 141 (308,608)
Citation 10

Abstract:

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mutual funds, portfolio management, governance, market discipline

Market Discipline and Internal Governance in the Mutual Fund Industry

The Review of Financial Studies, Vol. 21, Issue 5, pp. 2307-2343, 2008
Posted: 19 Sep 2008
Thomas Dangl, Youchang Wu and Josef Zechner
Vienna University of Technology, University of Oregon - Lundquist College of Business and Vienna University of Economics and Business

Abstract:

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G11, G23, G30

Managerial Rents vs. Shareholder Value in Delegated Portfolio Management: The Case of Closed-End Funds

Review of Financial Studies, Forthcoming
Number of pages: 60 Posted: 21 Nov 2012 Last Revised: 04 Jul 2016
Youchang Wu, Russ Wermers and Josef Zechner
University of Oregon - Lundquist College of Business, University of Maryland - Robert H. Smith School of Business and Vienna University of Economics and Business
Downloads 358 (126,506)
Citation 3

Abstract:

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closed-end fund, closed-end fund discount, portfolio manager, managerial rent

Managerial Rents vs. Shareholder Value in Delegated Portfolio Management: The Case of Closed-End Funds

CFS Working Paper, No. 548
Number of pages: 63 Posted: 26 Oct 2016 Last Revised: 11 Jan 2018
Youchang Wu, Russ Wermers and Josef Zechner
University of Oregon - Lundquist College of Business, University of Maryland - Robert H. Smith School of Business and Vienna University of Economics and Business
Downloads 63 (523,239)
Citation 11

Abstract:

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G23, G34

12.

Trade Credit and Profitability in Production Networks

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 74 Posted: 12 Dec 2013 Last Revised: 11 Mar 2021
Michael Gofman and Youchang Wu
Hebrew University of Jerusalem - Jerusalem School of Business Administration and University of Oregon - Lundquist College of Business
Downloads 363 (126,697)
Citation 7

Abstract:

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trade credit, supply chains, production networks, profitability

13.

Mutual Funds Apart from the Crowd

Number of pages: 49 Posted: 26 Apr 2016 Last Revised: 20 May 2018
Nadia Vozlyublennaia and Youchang Wu
Securities and Exchange Commission (SEC) and University of Oregon - Lundquist College of Business
Downloads 344 (133,235)

Abstract:

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Mutual fund, Fund flow, fund performance, cluster analysis

14.

Corporate Investment Over the Business Cycle

Review of Finance, Forthcoming
Number of pages: 50 Posted: 16 Mar 2010 Last Revised: 23 Jan 2015
Thomas Dangl and Youchang Wu
Vienna University of Technology and University of Oregon - Lundquist College of Business
Downloads 297 (155,557)
Citation 3

Abstract:

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Investment, real option, learning, business cycle

15.

First Mover Advantage, Time to Finance, and Cash Holdings

Journal of Corporate Finance, Forthcoming
Number of pages: 66 Posted: 25 May 2017 Last Revised: 30 Jan 2020
Liang Ma, Antonio S. Mello and Youchang Wu
University of South Carolina - Darla Moore School of Business, University of Wisconsin - Madison - Department of Finance, Investment and Banking and University of Oregon - Lundquist College of Business
Downloads 264 (175,645)
Citation 4

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cash holding, first-mover advantage, time to finance, financing friction, product market competition, R&D

16.

Economic Uncertainty and the Beta Anomaly

Number of pages: 59 Posted: 28 Feb 2022 Last Revised: 25 Aug 2022
Zhiqi Cao, Wenfeng Wu and Youchang Wu
Shanghai Jiao Tong University (SJTU), Shanghai Jiao Tong University - Antai College of Economics & Management and University of Oregon - Lundquist College of Business
Downloads 216 (213,319)

Abstract:

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Economic uncertainty; ambiguity aversion; asset pricing anomaly; idiosyncratic volatility; mutual fund; stock return

17.

Size and Investment Performance: Defined Benefit vs. Defined Contribution Pension Plans

Number of pages: 64 Posted: 06 Oct 2020 Last Revised: 17 Nov 2022
Donghyeok Jang and Youchang Wu
University of Delaware and University of Oregon - Lundquist College of Business
Downloads 186 (244,189)

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pension fund, 401(k) plan, asset management, performance measurement, economy of scale

18.

The Causes and Challenges of Low Interest Rates: Insights from Basic Principles and Recent Literature

China Finance Review International, forthcoming
Number of pages: 30 Posted: 08 Jul 2020 Last Revised: 29 Nov 2021
Youchang Wu
University of Oregon - Lundquist College of Business
Downloads 92 (416,648)

Abstract:

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interest rate, safe asset, tail risk, secular stagnation, monetary policy, zero lower bound

19.

Monetary Policy in a Schumpeterian Growth Model with Vertical R&D Sectors

Journal of Money, Credit and Banking, Forthcoming
Number of pages: 61 Posted: 20 Sep 2021 Last Revised: 05 Jan 2022
Nanjing Audit University, University of Oregon - Lundquist College of Business, University of Macau and Beijing Normal University - Zhuhai Campus
Downloads 81 (450,002)

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Monetary policy; Zero interest rate; Endogenous growth; R&D; Creative destruction

20.

Mutual Fund Families and Performance Evaluation

AFA 2012 Chicago Meetings Paper
Number of pages: 47 Posted: 12 Mar 2011
David P. Brown and Youchang Wu
University of Wisconsin - Madison - Department of Finance, Investment and Banking and University of Oregon - Lundquist College of Business
Downloads 33 (669,631)
Citation 3

Abstract:

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Mutual funds, performance evaluation, Bayesian learning, mutual fund flow