Huafeng (Jason) Chen

Education Background:Ph.D. in Finance, University of Chicago Booth School

Research Interests:Empirical Asset Pricing

Primary Email:chenh@fudan.edu.cn

Personal Website:https://sites.google.com/view/huafengjasonchen/home

Overview

Selected Publications

Huafeng (Jason) Chen, Professor of Finance at International School of Finance, Fudan University.

He won the Second Prize of Ministry of Education’s 8th Higher Education Institutions Excellent Research Award (Humanities and Social Sciences) in 2020.

Previously, he served as PBCSF Chair associate professor at Tsinghua University, associate professor with tenure at Texas A&M University, and assistant professor at the University of British Columbia.

Professor Chen’s main research area is empirical asset pricing. His paper “Do Cash Flows of Growth Stocks Really Grow Faster?” questions a deeply ingrained conventional wisdom that cash flow of growth stocks grow substantially faster than value stocks. This paper won the best paper prize at the Northern Finance Association meeting was one of the “Top 20 Most Read Articles” in Journal of Finance 2017/2018 and won the Second Prize of Ministry of Education’s 8th Higher Education Institutions Excellent Research Award (Humanities and Social Sciences) in 2020.

His paper“Do Non-financial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers”, joint with Marcin Kacperczyk and Hernan Ortiz-Molina, has won the Spängler IQAM Prize for Best Paper in the Review of Finance (runner-up). His research is published in top finance journals such as Journal of Finance, Journal of Financial Economics, Management Science, and Review of Finance.

His main teaching interest is investments, especially quantitative investment.

 

(Updated by July 2024)

  • Huafeng (Jason) Chen, Liang Jiang, and Weiwei Liu, Predicting Returns Out of Sample: A Naïve Model Averaging Approach, Review of Asset Pricing Studies, 2023, Volume 13, Issue 3, Pages 579-614.

  • Huafeng Chen, Jason V. Chen, and Feng Li, The Number of Estimates in Footnotes and Accruals, Management Science, 2024, Volume 70, Issue 1, Pages 283-308.

  • Huafeng (Jason) Chen, Jason V. Chen, Feng Li, and Pengfei Li, Measuring Operating Leverage, Review of Asset Pricing Studies, 2022, Volume 12, Issue 1, Page 112-154.