Ivy Profile

Academic History

• Ph.D., Finance, University of Minnesota, 2016

• MS, Mathematical Finance, Boston University, 2010

• MS, Applied and Computational Mathematics, University of Minnesota Duluth, 2008

• BS, Mechanical Engineering, Fudan University, 2006

Expertise

• Empirical and Theoretical Asset Pricing

• Behavioral Finance

• Macro-Finance

Selected Publications

• Shen, J. (2023) "Capital Misallocation and Financial Market Frictions: Empirical Evidence from Equity Cost of Capital", International Review of Economics and Finance, 87:486-504. Link to Paper

• Shen, J., Yu, J., & Zhao, S. (2017) "Investor Sentiment and Economic Forces", Journal of Monetary Economics, 86:1-21. Link to Paper