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

Empirical Asset Pricing

Financial Institutions

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

Working Papers

[1] 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

[2] Firm Characteristics and Expected Stock Returns

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

2019 AFA; 2018 International Symposium on Forecasting

[3] An Economic Specification Test of Asset Pricing Models with A Large Number of Assets

(with 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 Research Award 2020

[4] 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

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

(with Ricardo Correa, Christoph Herpfer, and Ugur Lel ) New draft coming soon

2020 Boca Corporate Finance and Governance Conference, Paris December Finance Meeting