Ai HE

Assistant Professor of Finance

Darla Moore School of Business

University of South Carolina

1014 Greene St, Columbia, South Carolina 29208

Research Interests

Financial Intermediaries, Financial Institutions

Empirical Asset Pricing

ESG Finance

Email: ai.he[at]moore[dot]sc[dot]edu

Publications

Shrinking Factor Dimension: A Reduced-Rank Approach Accepted, Management Science

(with Dashan Huang, Jiaen Li, and Guofu Zhou )

Working Papers

The Rising Tide Lifts Some Interest Rates: Climate Change, Natural Disasters, and Loan Pricing

(with Ricardo Correa, Christoph Herpfer, and Ugur Lel )

2022 FIRS, SFS Cavalcade NA; 2021 NFA, NBER Summer Institute, European FA, Pre-WFA Early Career Women in Finance Conference, Wharton Climate and Commodities Virtual Conference, MFA; 2020 Boca Corporate Finance and Governance Conference, Paris December Finance Meeting

  • Boca Corporate Finance and Governance Conference Best Paper Award , 2020

Reciprocity in Shadow Bank Lending: Evidence from the Cross-Holding Relation in Money Market Funds

AFA Poster | European Central Bank Presentation

2018 AFA Phd Poster Session, European Central Bank Money Markets Workshop; 2017 NFA, LBS Transatlantic Doctoral Conference, FMA, European Money and Finance Forum Colloquium & Bank of Finland Conference; 2016 AFBC PhD Forum & Main Conference

  • FMA Semi-finalist of the Best Paper in Markets & Institutions, 2017

  • AFBC Best Ph.D. Paper Award (3rd place) , 2016

Spillovers of Natural Disaster Strikes through Bank-Firm Networks: Loan- and Firm-Level Evidence of Financial Constraints

2019 AFBC, CICF, MFA, Paris December Finance Meeting; 2018 SEC Doctoral Student Symposium

Money on the Table: Testing Asset Pricing Models from Profitability of Pricing Error Information

(with Songrun He, Dashan Huang, and Guofu Zhou )

2020 AFA, CIRF; 2019 CQA, Melbourne Asset Pricing Meeting, CICF; 2018 Conference on Financial Predictability and Data Science

  • Winner of Chicago Quantitative Alliance Academic Competition (3rd place) , 2019

  • CIRF/CFRI Best Paper Award , 2020

Expected Stock Returns and Firm Characteristics: E-LASSO, Assessment, and Implications Reject and Resubmit, Management Science

(with Yufeng Han, David Rapach, and Guofu Zhou )

2019 AFA; 2018 International Symposium on Forecasting