個人簡介
胡杏博士現任Betvictor中文版副教授。胡杏于2011年至2019年間擔任香港大學金融學助理教授，2011年獲得普林斯頓大學經濟學博士學位。此前獲得了西北大學碩士學位和中國科學技術大學計算機科學學士學位。
胡杏的研究領域主要包括實證資産定價，重點關注資産流動性、信貸風險以及金融危機。她在Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, and International Review of Finance 等一流學術期刊上發表過多篇論文。
工作經曆
2019.7至今 Betvictor中文版，副教授
2011.07-2019.06 香港大學，金融學助理教授
教育背景
2011 普林斯頓大學，經濟學，博士學位
2008 普林斯頓大學，經濟學，碩士學位
2004 西北大學，計算機科學，碩士學位
2002 中國科學技術大學，學士學位（少年班）
研究領域
中國資本市場、市場流動性、信貸風險、市場異象、市場有效性、金融危機
相關研究
期刊發表
Noise as Information for Illiquidity, Journal of Finance, Volume 68, page 2223–2772, 2013 (with Jun Pan and Jiang Wang)
Early Peak Advantage? Efficient Price Discovery with Tiered Information Disclosure, Journal of Financial Economics, Volume 126, pages 399-421,2017 (with Jun Pan and Jiang Wang)
Bayesian Inference via Filtering Equations for Ultra-High Frequency Data (I), SIAM/ASA Journal on Uncertainty Quantification, Volume 6, pages 34-60, 2018 (with Yong Zeng and David Kuipers)
Bayesian Inference via Filtering Equations for Ultra-High Frequency Data (II), SIAM/ASA Journal on Uncertainty Quantification, volume 6, pages 61-86, 2018 (with Yong Zeng and David Kuipers)
Fama-French in China, Size and Value Factors in Chinese Stock Returns, International Review of Finance, volume 1, pages 3-44, 2019 (with Can Chen, Yuan Shao, and Jiang Wang)
Rollover Risk and Credit Spreads in the Financial Crisis of 2008, Journal of Financial and Data Science, volume 6, pages 1-15, 2020
Tri-party Repo Pricing, Journal of Financial and Quantitative Analysis, volume 56, pages 337-371, 2021 (with Jun Pan and Jiang Wang)
Chinese Capital Market: An Empirical Overview, Critical Finance Review, volume 10, pages 125-206, 2021 (with Jun Pan and Jiang Wang)
Premium for Heightened Risk: Solving the FOMC Puzzle, Journal of Financial Economics, Forthcoming, 2021 (with Jun Pan, Jiang Wang, and Haoxiang Zhu)
A Review of China’s Financial Markets, Annual Review of Financial Economics, Volume 14, pages 465-507, 2022 (with Jiang Wang)
工作論文
Uncertainty Resolution Before Earnings Announcements, Working Paper, 2022 (with Chao Gao and Xiaoyan Zhang) First draft 2019, Current draft 2022, Conference presentations: MFA 2021, FMA 2021, CICF 2021, CMES 2021，SFS Cavalcade Asia 2022
Corporate Basis and the International Role of Dollar, Working Paper, 2022 (with Zhan Shi, Ganesh Viswanath-Natraj, and Junxuan Wang)
From Wall Street to Hong Kong: The Value of Dual Listing for China Concept Stocks, Working Paper, 2022 (with Zhuo Chen, Ziqiong Xi, and Xiaoquan Zhu)
Comovements in Global Markets and the Role of U.S. Treasury, Working Paper, 2022 (with Zhao Jin and Jun Pan)
Macroeconomic Announcements and Price Discovery Without Trading, Working Paper, 2022 (with Haozhe Han and Calvin Dun Jia)
“811”彙改前後抛補利率平價在中國的實證檢驗,工作論文，2022 (胡杏，李思揚，金昭，施展)
債券市場對外開放提高了流動性嗎?— 基于債券通的實證經驗,工作論文，2022 (何佳，陳卓，胡杏)
著作章節
Filtering with Counting Process Observations and Other Factors: Applications to Bond Price Tick Data, Stochastic Analysis, Stochastic Systems and Application to Finance, Edited by Allanus Tsoi, David Nualart and George Yin, World Scientific, Singapore, pages 133-162, 2011 (with David Kuipers and Yong Zeng)
中國資本市場年鑒, 經濟科學出版社，預計 2022 年出版
中國上市公司調查, 經濟科學出版，預計 2022 年出版
其他中文發表
我國資本市場互聯互通的曆程、現狀與展望, 清華金融評論, 2021 年 9 月 (胡杏，齊稚平，何佳)
不确定性增加的溢價：解釋宏觀經濟指數發布前的市場回報, 清華金融評論, 2021 年 12 月
資本市場跨境互聯模式比較—基于陸港通與滬倫通的案例分析, 銀行家, 2021 年 6 期 (胡杏，齊稚平，何佳)
中美技術交易平台主要運營模式分析，清華金融評論，2022 年 10 月 （胡杏，馬陶然）
陸港通、債券通 – 架起資本市場雙向開放的橋梁, Betvictor中文版案例庫, 2021-2-006 (胡杏，齊稚平，何佳)
保險+期貨：農業生産的“保護傘”, Betvictor中文版案例庫,2022 (胡杏，鄧穎，董明新)
中概股何去何從，Betvictor中文版案例庫,2022 (陳卓，胡杏，胡畔)
教學經曆
Advanced Microeconomics, 2019 – current, Ph.D., Tsinghua University
Continuous-Time in Finance, 2019 – current, Ph.D., Tsinghua University
Advanced Topics in Financial Economics, 2021, Ph.D., Tsinghua University
Risk Management, 2011 – 2018, Master of Finance, HKU
Advanced Option Pricing Models, 2014 – 2018, Master of Finance, HKU
Quantitative Risk Management, 2011 – 2014, Undergraduate, HKU
Summer Math Camp for Master in Finance Program, 2009, Master of Finance, Princeton University
科研項目
Arbitrage Spreads and Aggregate Liquidity, Early Career Scheme, PI, competitive grant of HKD$456K, 2012 – 2014
Tri-party Repo Pricing, General Research Fund, PI, competitive grant of HKD $512K, 2014 – 2016
Supply Chain, News and Post-Earnings Announcement Drift, General Research Fund, co-PI, competitive grant of HKD $478K, 2017-2019
中國資本市場改革與開放, Betvictor中文版雙高項目, PI, competitive grant of RMB ¥1.2Million, 2021-2023
Seed Funding, University of Hong Kong, 2011
Seed Funding, Tsinghua University, 2022
學術演講
Boston University; Central University of Finance and Economics; Cheung Kong Graduate School of Business; Chinese University of Hong Kong (Shenzhen); City University of Hong Kong; Fudan University; Hong Kong University of Science and Technology; Massachusetts Institute of Technology; McGill University; Monash University (scheduled); Ohio State University; PBC School of Finance; Peking University; Renmin University; Shanghai Jiaotong University; University of Hong Kong; Zhejiang University
American Finance Association Meetings; China Financial and Research Conference; China Meeting of the Econometric Society; China International Conference of Finance; Factor Symposium; Five Star Conference; Financial Management Association; Macquarie Global Quantitative Conference; Midwest Finance Association; Summer Institute of Finance; Volatility Institute at NYU Shanghai; Western Finance Association
專業服務
期刊評審：Journal of Finance; Review of Financial Studies; Management Science; Review of Finance; Journal of Empirical Finance; Journal of Financial and Quantitative Analysis; Journal of Banking and Finance; Annual Review of Financial Economics; Journal of Financial Markets; Journal of Money, Credit and Banking; Journal of Finance and Data Science
