Junbo Wang

Dept. of Economics and Finance, City Univ. of HK

Professor

83 Tat Chee Ave., Kowloon Tong

Kowloon Town

Kowloon, 220

Hong Kong

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 18,245

SSRN RANKINGS

Top 18,245

in Total Papers Downloads

5,190

SSRN CITATIONS
Rank 15,187

SSRN RANKINGS

Top 15,187

in Total Papers Citations

89

CROSSREF CITATIONS

7

Scholarly Papers (22)

1.

Liquidity, Information Risk, and Asset Pricing: Evidence from the U.S. Government Bond Market

AFA 2006 Boston Meetings Paper
Number of pages: 60 Posted: 23 Mar 2005
Chunchi Wu, Haitao Li, Yan He and Junbo Wang
SUNY at Buffalo - School of Management, University of Michigan - Stephen M. Ross School of Business, Indiana University Southeast - School of Business and Dept. of Economics and Finance, City Univ. of HK
Downloads 851 (53,845)
Citation 3

Abstract:

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Information risk, Liquidity risk, PIN, asset pricing, order imbalance

2.

Stock Split Decisions: A Synthesis of Theory and Evidence

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 22, No. 2, 2012
Number of pages: 19 Posted: 12 Nov 2015
Yan He and Junbo Wang
Indiana University Southeast - School of Business and Dept. of Economics and Finance, City Univ. of HK
Downloads 841 (54,716)
Citation 3

Abstract:

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3.

Liquidity, Default, Taxes and Yields on Municipal Bonds

FEDS Working Paper No. 2005-35
Number of pages: 51 Posted: 23 Mar 2005
SUNY at Buffalo - School of Management, Dept. of Economics and Finance, City Univ. of HK and Morgan Stanley
Downloads 751 (63,728)
Citation 9

Abstract:

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liqudity, default, taxes, yields, maturity, municipal bonds

4.
Downloads 233 (69,124)
Citation 2

Predicting Individual Corporate Bond Returns

Number of pages: 52 Posted: 01 Mar 2023
Xin He, Guanhao Feng, Junbo Wang and Chunchi Wu
Hunan University, City University of Hong Kong (CityU), Dept. of Economics and Finance, City Univ. of HK and SUNY at Buffalo - School of Management
Downloads 233 (242,457)

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Bond Characteristics, machine learning, Aggregate Predictors, Return predictability, Private Bonds.

5.

Volatility and the Cross-Section of Corporate Bond Returns

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 45 Posted: 28 Jun 2018 Last Revised: 07 Nov 2018
Kee H. Chung, Junbo Wang and Chunchi Wu
State University of New York at Buffalo - School of Management, Dept. of Economics and Finance, City Univ. of HK and SUNY at Buffalo - School of Management
Downloads 566 (91,204)
Citation 11

Abstract:

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Aggregate Volatility Risk; Corporate Bond Pricing; Default Risk; Idiosyncratic Risk; Ratings

6.

Do Bond Rating Changes Affect Information Risk of Stock Trading?

Number of pages: 41 Posted: 01 Mar 2007
Yan He, K.C. John Wei and Junbo Wang
Indiana University Southeast - School of Business, Hong Kong Polytechnic University and Dept. of Economics and Finance, City Univ. of HK
Downloads 458 (118,082)
Citation 2

Abstract:

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Bond rating changes; Information asymmetry; Information risk

7.
Downloads 142 (162,904)
Citation 1

Does Bank Monitoring Matter to Bondholders?

Number of pages: 43 Posted: 20 Jun 2014 Last Revised: 23 Jun 2014
Joel F. Houston, Chen Lin and Junbo Wang
University of Florida - Department of Finance, Insurance and Real Estate, The University of Hong Kong - Faculty of Business and Economics and Dept. of Economics and Finance, City Univ. of HK
Downloads 142 (377,163)
Citation 2

Abstract:

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Loan contracting, Bond market returns, Cross monitoring

8.

Corporate Bond Pricing via Benchmark Combination Model

Number of pages: 63 Posted: 12 Oct 2021 Last Revised: 04 Jan 2023
Xin He, Guanhao Feng, Junbo Wang and Chunchi Wu
Hunan University, City University of Hong Kong (CityU), Dept. of Economics and Finance, City Univ. of HK and SUNY at Buffalo - School of Management
Downloads 221 (255,961)

Abstract:

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Characteristic-based benchmark; corporate bond pricing; forecast combination; machine learning; risk premia.

9.

Extreme Illiquidity and Cross-Sectional Corporate Bond Returns

Journal of Financial Markets, Forthcoming
Number of pages: 58 Posted: 01 Mar 2023 Last Revised: 13 Feb 2024
Xi Chen, Junbo Wang, Chunchi Wu and Di Wu
City University of Hong Kong (CityU), Dept. of Economics and Finance, City Univ. of HK, SUNY at Buffalo - School of Management and City University of Hong Kong
Downloads 168 (327,633)

Abstract:

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Extreme illiquidity, corporate bond pricing, ratings, financial crisis, tail risk

10.

The Cross-Section of Credit Risk Premia and Expected Corporate Bond Returns

Number of pages: 63 Posted: 18 Feb 2021 Last Revised: 20 Apr 2021
Junbo Wang, Chunchi Wu and Zhenling Zhao
Dept. of Economics and Finance, City Univ. of HK, State University of New York at Buffalo and University of Science and Technology of China (USTC) - School of Management
Downloads 168 (327,633)

Abstract:

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Credit risk premium, CDS spreads, expected bond returns, bond characteristics

Climate Policy Uncertainty and Bank Systemic Risk: A Creative Destruction Perspective

Number of pages: 53 Posted: 16 Sep 2023
Yulin Liu, Junbo Wang, Fenghua Wen and Chunchi Wu
Central South University, Dept. of Economics and Finance, City Univ. of HK, Independent and SUNY at Buffalo - School of Management
Downloads 92 (520,931)

Abstract:

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Systemic risk, climate policy uncertainty, creative destruction, ESG, innovation

Climate Policy Uncertainty and Bank Systemic Risk: A Creative Destruction Perspective

Number of pages: 53 Posted: 30 Oct 2023
Yulin Liu, Junbo Wang, Fenghua Wen and Chunchi Wu
Central South University, Dept. of Economics and Finance, City Univ. of HK, Independent and SUNY at Buffalo - School of Management
Downloads 55 (697,763)

Abstract:

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Systemic risk, climate policy uncertainty, creative destruction, ESG, innovation

12.

Interest Rate Volatility Risk and the Cross-Section of Expected Corporate Bond Returns

Number of pages: 54 Posted: 27 Sep 2023
Junbo Wang, Chunchi Wu and Zhenling Zhao
Dept. of Economics and Finance, City Univ. of HK, SUNY at Buffalo - School of Management and University of Science and Technology of China (USTC) - School of Management
Downloads 136 (389,504)

Abstract:

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Interest rate volatility risk, uncertainties, expected bond returns, Ratings, monetary policy

13.

Price Discovery in the Round-the-Clock U.S. Treasury Market

Journal of Financial Intermediation, Forthcoming
Number of pages: 48 Posted: 14 Oct 2008 Last Revised: 16 Dec 2009
Yan He, Hai Lin, Junbo Wang and Chunchi Wu
Indiana University Southeast - School of Business, Victoria University of Wellington - Te Herenga Waka - School of Economics & Finance, Dept. of Economics and Finance, City Univ. of HK and SUNY at Buffalo - School of Management
Downloads 105 (472,914)
Citation 1

Abstract:

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Price discovery, asymmetric information, liquidity provision, variance decomposition, after-hours trading

Prospect Theory and Stock Price Behavior in Retail Trading Booms

Number of pages: 60 Posted: 14 Nov 2023
Xu Guo, Junbo Wang, Chunchi Wu and Xiaoling Zhong
Shenzhen University - College of Economics, Dept. of Economics and Finance, City Univ. of HK, SUNY at Buffalo - School of Management and Shenzhen MSU-BIT University
Downloads 78 (591,708)

Abstract:

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Prospect theory, probability weighting, COVID-19 pandemic, retail trading, volatility

Prospect Theory and Stock Price Behavior in Retail Trading Booms

Number of pages: 63 Posted: 12 Apr 2024
Junbo Wang, Xu Guo, Chunchi Wu and Xiaoling Zhong
Dept. of Economics and Finance, City Univ. of HK, Shenzhen University - College of Economics, SUNY at Buffalo - School of Management and Shenzhen MSU-BIT University
Downloads 23 (953,150)

Abstract:

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Prospect theory, probability weighting, COVID-19 pandemic, retail trading, volatility

15.

Media and Corporate Bond Market Momentum

Number of pages: 44 Posted: 23 May 2023
Mengjuan Liu, Junbo Wang and Chunchi Wu
City University of Hong Kong (CityU), Dept. of Economics and Finance, City Univ. of HK and SUNY at Buffalo - School of Management
Downloads 85 (542,337)

Abstract:

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business media, momentum, corporate bond pricing, overreaction

16.

Time Distance and Mutual Fund Holding Horizon: Evidence from a Quasi-Natural Experiment Setting of High-Speed Railway Opening

Number of pages: 51 Posted: 05 Dec 2019
Qiliang Liu, li Tian and Junbo Wang
Wuhan University - School of Economics and Management, Department of Accountancy, City University of Hong Kong;School of Management, Huazhong University of Science &Technology and Dept. of Economics and Finance, City Univ. of HK
Downloads 85 (542,337)

Abstract:

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time distance; mutual fund holdings; site visit

17.

Return Predictability of Prospect Theory: Evidence from the Thailand Stock Market

Number of pages: 41 Posted: 03 Apr 2023
Xi Chen, Junbo Wang and Xiaoling Zhong
City University of Hong Kong (CityU), Dept. of Economics and Finance, City Univ. of HK and Shenzhen MSU-BIT University
Downloads 53 (701,323)

Abstract:

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Prospect theory, probability weighting, loss aversion, MAI and SET markets

18.

Voluntary Disclosure in P2p Lending: Information or Hyperbole?☆

Number of pages: 60 Posted: 04 Dec 2022
Chao Wang, Junbo Wang, Chunchi Wu and Yue Zhang
South China University of Technology, Dept. of Economics and Finance, City Univ. of HK, SUNY at Buffalo - School of Management and City University of Hong Kong (CityU)
Downloads 30 (860,301)

Abstract:

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Peer-to-peer lending, distinctive content, hype, loan description, default probability

19.

Slogans or Actions: Do Firms Really Care About Systemic Risk?

Number of pages: 69 Posted: 25 Oct 2023
Yulin Liu, Junbo Wang, Fenghua Wen and Chunchi Wu
Central South University, Dept. of Economics and Finance, City Univ. of HK, Independent and SUNY at Buffalo - School of Management
Downloads 26 (896,013)

Abstract:

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Systemic risk, text mining, regulation, risk aversion, walk the talk

20.

Slogans or Actions: Do Firms Care About Systemic Risk?

Number of pages: 69 Posted: 19 Jan 2024
Yulin Liu, Junbo Wang, Fenghua Wen and Chunchi Wu
Central South University, Dept. of Economics and Finance, City Univ. of HK, Independent and SUNY at Buffalo - School of Management
Downloads 23 (924,052)

Abstract:

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Systemic risk, text mining, ΔCoVaR, non-financial corporations, macro-prudential regulation

21.

Political Uncertainty and A-H Share Premium

Posted: 12 Sep 2019
Xu Cheng, Junbo Wang and Dongmin Kong
Central South University, Dept. of Economics and Finance, City Univ. of HK and School of Economics, Huazhong University of Science and Technology

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A-H premium, Political uncertainty, Local leaders

22.

Stock Split Decisions: A Synthesis of Theory and Evidence

Journal of Applied Finance, Fall/Winter 2012, Volume 22, No. 2
Posted: 16 Jul 2013
Junbo Wang
Dept. of Economics and Finance, City Univ. of HK

Abstract:

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split effects on firm value, price/tick hypothesis, exchange-traded funds (ETFs)