张慧冰 - 特聘/访问教授 -

张慧冰

上海交通大学上海高级金融学院金融学特聘教授、德克萨斯大学达拉斯分校金达尔管理学院金融学教授

联系方式：hxz054000@utdallas.edu
秘书：刘怡锦
邮箱：yjliu@saif.sjtu.edu.cn

教授简介| 研究领域| 学术成果| SAIF所授课程

博士学位：杜克大学经济学，1994
学士学位：上海交通大学海洋工程学，1984

张慧冰教授现任上海高级金融学院金融学特聘教授、德克萨斯大学达拉斯分校金达尔管理学院金融学教授。他曾任北卡罗莱纳大学Kenan - Flagler商业学院副教授、卡内基-美隆大学工业管理研究所助理教授、长江商学院和北京大学光华管理学院的客座教授。

张慧冰教授的研究主要涉及最优投资学、投资组合决策和金融资产定价等领域，在国际著名学术刊物如 Journal of Finance, Journal of Business, Review of Financial Studies, Journal of Econometrics等发表多篇研究论文。曾荣获2013-2014 SWFA 杰出论文奖和2010-2011德克萨斯大学达拉斯分校金达尔管理学院优秀教学奖。

张慧冰教授现为the Financial Management, Journal of Financial Econometrics和Quarterly Journal of Finance期刊的副主编。

张慧冰教授在上海交通大学上海高级金融学院讲授《投资学》等课程。在美国德克萨斯大学讲授的课程包括《投资学》、《资产定价》、《管理经济学》。

张慧冰教授于1994年获得美国杜克大学经济学博士。

最优资产投资组合决策、资产定价、投资决策中的税收因素

期刊论文

1. Alex Holcomb and Paul Mason. 2020. Investment Income Taxes and Private Equity Acquisition Activity, Journal of Empirical Finance.

2. Li, Jun, and Harold H. Zhang. 2017. Short-run and Long-run Consumption Risks, Dividend Processes and Asset Returns, Review of Financial Studies.

3. Arentsen, Eric, David C. Mauer, Brian Rosenlund, Harold H. Zhang, and Feng Zhao. 2015. Subprime Mortgage Defaults and Credit Default Swaps, Journal of Finance.

4. Booth, G. Geoffrey, Umit G. Gurun, and Harold H. Zhang. 2014. Financial Networks and Trading in Bond Markets, Journal of Financial Markets.

5. Dai, Zhonglan, Douglas A. Shackelford, and Harold H. Zhang. 2013. Capital Gains Taxes and Stock Return Volatility, Journal of American Taxation Association.

6. Dai, Zhonglan, Douglas A. Shackelford, Harold H. Zhang, and Chongyang Chen. 2013. Does Financial Constraint Affect Shareholder Taxes and the Cost of Equity Capital? , The Accounting Review.

7. Cao, Henry H., Bing Han, David Hirshleifer, and Harold Zhang. 2011. Fear of the Unknown: Familiarity and Economic Decisions, Review of Finance.

8. Pereira, Joao Pedro, and Harold H. Zhang. 2010. Stock Returns and the Volatility of Liquidity, Journal of Financial and Quantitative Analysis.

9. Dai, Zhonglan, Edward Maydew, Douglas A. Shackelford, and Harold H. Zhang. 2008. Capital Gains Taxes and Asset Prices: Capitalization or Lock-in?, Journal of Finance.

10. Tallarini, Jr., Thomas D., and Harold H. Zhang. 2005. External Habit and the Cyclicality of Expected Stock Returns, Journal of Business Research.

11. Dammon, Robert, James Poterba, Chester Spatt, and Harold H. Zhang. 2005. Maximizing Long-Term Wealth Accumulation: It’s not just about “What” but also about “Where” to Make Them, Research Dialogue.

12. Cao, H. Henry, Tan Wang, and Harold H. Zhang. 2005. Model Uncertainty, Limited Market Participation and Asset Prices, Review of Financial Studies.

13. Yao, Rui, and Harold H. Zhang. 2005. Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints, The Review of Economic Studies.

14. Harold H. Zhang. 2004. Comment on Household Portfolio Choices in Taxable and Tax-Deferred Accounts: Another Puzzle?, European Finance Review.

15. Dammon, Robert M., Chester S. Spatt and Harold H. Zhang. 2004. Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing, Journal of Finance.

16. Dammon, Robert M., Chester S. Spatt, and Harold H. Zhang. 2003. Capital Gains Taxes and Portfolio Rebalancing, Research Dialogue.

17. Sloan, Frank A., Harold H. Zhang, and Jingshu Wang. 2002. Upstream Intergenerational Transfers, Southern Economic Journal.

18. Dammon, Robert M., Chester S. Spatt and Harold H. Zhang. 2001. Optimal Consumption and Investment with Capital Gains Taxes, Review of Financial Studies.

19. Zhang, Harold H.. 2000. Explaining Bond Returns in Heterogeneous Agents Models: The Importance of Higher Order Moments, Journal of Economic Dynamics & Control.

20. Yaron, Amir, and Harold H. Zhang. 2000. Fixed Costs and Asset Market Participation, Revista De Analisis Economico.

21. Harrison, Paul, and Harold H. Zhang. 1999. An Investigation of the Risk and Return Relation at Long Horizons, Review of Economics and Statistics.

22. Liu, Ming, and Harold H. Zhang. 1998. Overparameterization in Seminonparametric Density Estimation, Economics Letters.

23. Zhang, Harold H.. 1997. Endogenous Borrowing Constraints with Incomplete Markets, Journal of Finance.

24. Zhang, Harold H.. 1997. Endogenous Short-Sale Constraint, Stock Prices and Output Cycles, Macroeconomic Dynamics.

25. Tauchen, George, Harold Zhang, and Ming Liu. 1996. Volume, Volatility, and Leverage: A Dynamic Analysis, Journal of Econometrics.

26. Harold H. Zhang, Feng Zhao, Xiaofei Zhao. Neglected Risks in the Communication of Residential Mortgage-backed Securities Offerings, Journal of Finance.

金融学原理、金融决策、投资管理、理论资产定价、高级管理经济学