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

23

DOWNLOADS
Rank 8,121

SSRN RANKINGS

Top 8,121

in Total Papers Downloads

10,472

SSRN CITATIONS
Rank 5,652

SSRN RANKINGS

Top 5,652

in Total Papers Citations

243

CROSSREF CITATIONS

75

Scholarly Papers (23)

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 959 (45,678)
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 899 (49,964)
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 853 (53,715)
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 823 (56,353)
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 776 (61,072)

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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 613 (82,499)
Citation 3

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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 581 (88,353)
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 562 (92,062)
Citation 7

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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 524 (100,511)
Citation 2

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

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 379 (145,743)
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 89 (532,466)
Citation 11

Abstract:

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G23, G34

11.

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 461 (117,289)
Citation 23

Abstract:

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trade credit, supply chains, production networks, profitability

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 312 (180,099)
Citation 7

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 148 (364,847)
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

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 388 (143,139)

Abstract:

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Mutual fund, Fund flow, fund performance, cluster analysis

14.

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 324 (174,281)
Citation 7

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

15.

Private Equity and Gas Emissions: Evidence from Electric Power Plants

Number of pages: 45 Posted: 27 Feb 2023
Xuanyu Bai and Youchang Wu
University of Oregon - Lundquist College of Business and University of Oregon - Lundquist College of Business
Downloads 319 (177,162)

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private equity, carbon emission, electricity sector, ESG, climate finance

16.

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 318 (177,717)
Citation 3

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Investment, real option, learning, business cycle

17.

Economic Uncertainty and the Beta Anomaly

Number of pages: 66 Posted: 28 Feb 2022 Last Revised: 08 Jan 2024
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 307 (184,405)

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Economic uncertainty; ambiguity aversion; asset pricing anomaly; leverage constraint, mutual fund, hedge fund

18.

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
American University of Sharjah (AUS) and University of Oregon - Lundquist College of Business
Downloads 271 (209,817)

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

19.

Political Preferences and Financial Market Equilibrium

Number of pages: 63 Posted: 27 Nov 2023 Last Revised: 06 May 2024
Youchang Wu and Josef Zechner
University of Oregon - Lundquist College of Business and Vienna University of Economics and Business
Downloads 151 (362,480)

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Corporate political stance, political polarization, partisanship, corporate governance, non-pecuniary utility

20.

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 129 (408,581)
Citation 2

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

21.

Carbon Footprint of Private Equity

Forthcoming in the Palgrave Encyclopedia of Private Equity, https://link.springer.com/referencework/10.1007/978-3-030-38738-9
Number of pages: 10 Posted: 17 Aug 2023 Last Revised: 30 Nov 2023
Youchang Wu
University of Oregon - Lundquist College of Business
Downloads 119 (431,451)

Abstract:

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private equity, carbon footprint, carbon emission, sustainable investment, climate change

22.

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 108 (463,555)

Abstract:

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

23.

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 59 (661,839)
Citation 3

Abstract:

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