Published and Accepted Papers Link to heading

36 “An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics”, with HarrisonHong and Jinqiang Yang, Econometrica, accepted

35 “Mitigating Disaster Risks in the Age of Climate Change”, with Harrison Hong and Jinqiang Yang, Econometrica, accepted

34 “Welfare Consequences of Sustainable Finance,” with Harrison Hong, Neng Wang, and Jinqiang Yang, Review of Financial Studies, accepted

33 “The Endowment Model and Modern Portfolio Theory,” Stephen G. Dimmock, Neng Wang, and Jinqiang Yang, Management Science, forthcoming

32 “A q theory of internal capital markets,” Min Dai, Xavier Giroud, Wei Jiang, and Neng Wang, Journal of Finance, forthcoming

31 “Token-Based Platform Finance,” Lin William Cong, Ye Li, and Neng Wang, Journal of Financial Economics, 144, 972-991, 2022

30 “Rare Disasters, Financial Development, and Sovereign Debt,” Sergio Rebelo, Neng Wang, and Jinqiang Yang, Journal of Finance, 77(5), 2719-2764, 2022

29 “Earnings Growth and the Wealth Distribution,” with Thomas J. Sargent and Jinqiang Yang, Proceedings of the National Academy of Sciences, 2021

28 “Implications of Stochastic Transmission Rates for Managing Pandemic Risks,” Harrison Hong, Neng Wang and Jinqiang Yang, Review of Financial Studies, 34(11), 5224– 5265, (2021)

27 “Tokenomics: Dynamic Adoption and Valuation” Lin William Cong, Ye Li and Neng Wang, Review of Financial Studies, 34(3), 1105-55, (2021), Editor’s Choice (lead article)

26 “Investment under uncertainty with financial constraints,” Patrick Bolton, Neng Wang, and Jinqiang Yang, Journal of Economic Theory, 184, 1-58, #104912, 2019

25 “Optimal Contracting, Corporate Finance, and Valuation with Inalienable Human Capital,” Patrick Bolton, Neng Wang and Jinqiang Yang, Journal of Finance, 71(3), 1363-1429, 2019

24 “Investment, Tobin’s q, and interest rates,” Xiaoji Lin, Chong Wang, Neng Wang, and Jinqiang Yang, Journal of Financial Economics, 130, 620-640, 2018

23 “Optimal consumption and savings with stochastic income and recursive utility,” Chong Wang, Neng Wang, and Jinqiang Yang, Journal of Economic Theory, 165. 292-331, 2016

22 “Dynamic investment, capital structure, and debt overhang,” Suresh Sundaresan, Neng Wang, and Jinqiang Yang, Review of Corporate Finance Studies, 1-42, (2015)

21 “Valuing private equity,” Morten Sorensen, Neng Wang, and Jinqiang Yang, Review of Finanical Studies, 27(7), 1977-2021, 2014

20 “The Economics of Hedge Funds,” Yingcong Lan, Neng Wang, and Jinqiang Yang, Journal of Financial Economics, 110, 300-323, 2013

19 “Market Timing, Investment, and Risk Management,” Patrick Bolton, Hui Chen and Neng Wang, Journal of Financial Economics, 109, 40-62, 2013

18 “The Economic and Policy Consequences of Catastrophes,” Robert S. Pindyck and Neng Wang, American Economic Journal: Economic Policy, 5(4), 306-339, 2013

17 “Dynamic agency and the q theory of investment,” Peter DeMarzo, Mike Fishman, Zhiguo He, and Neng Wang, Journal of Finance, 67(6), 2295-2340, 2012

16 “A Unified Model of Entrepreneurship Dynamics,” Chong Wang, Neng Wang, and Jinqiang Yang, Journal of Financial Economics, 106(1), 1-23, (2012)

15 “A unified theory of Tobin’s q, corporate investment, financing, and risk management,” Patrick Bolton, Hui Chen, and Neng Wang, Journal of Finance, 66(5), 1545-1578, (2011)

14 “Risk, Uncertainty, and Option Exercise,” Jianjun Miao and Neng Wang, Journal of Economic Dynamics & Control, 35(4), 442‐461, (2011)

13 “Entrepreneurial Finance and Non-diversifiable Risk,” Hui Chen, Jianjun Miao, and Neng Wang, Review of Financial Studies, 23(12), 4348‐88, (2010)

12 “Optimal Consumption and Assest Allocation with Unknown Income Growth” Neng Wang, Journal of Monetary Economics_,_ 56(4), 524-34, (2009)

11 “Capital Reallocation and Growth,” Janice Eberly and Neng Wang, American Economic Review Papers and Proceedings, 99 (2), 560-66, (2009)

10 “Agency Conflicts, Investment and Asset Pricing,” Rui Albuquerque and Neng Wang, Journal of Finance, 63(1), 1-40, 2008 -Smith-Breeden Distinguished Paper Prize by the Journal of Finance

9 “Investment under Uncertainty with Strategic Debt Service,” Suresh Sundaresan and Neng Wang, American Economic Review Papers & Proceedings_,_ 97(2), 256-261 (2007)

8 “Investment, Consumption and Hedging under Incomplete Markets,” Jianjun Miao and Neng Wang, Journal of Financial Economics, 86, 608-642, 2007.

7 “An Equilibrium Model of Wealth Distribution,” Neng Wang_,_ Journal of Monetary Economics, 54 (7), 1882-1904, (2007) -working paper version containing appendices, click here

6 “Investment under Uncertainty and Time-Inconsistent Preference,” Steven R. Grenadier and Neng Wang, Journal of Financial Economics, 84, 2-39, 2007 (lead article)

5 “Generalizing the Permanent-Income Hypothesis: Revisiting Friedman’s Conjecture on Consumption,” Neng Wang, Journal of Monetary Economics, 53(4), 737-52

4 “Investment timing, agency, and information,” Steven R. Grenadier and Neng Wang, Journal of Financial Economics 75 (2005): pp. 493–533

3 “Precautionary saving and partially observed income,” Neng Wang Journal of Monetary Economics 51 (2004): pp. 1645–1681

2 “Caballero Meets Bewley: The Permanent-Income Hypothesis in General Equilibrium,” Neng Wang, American Economic Review 93 (2003): pp. 927-936

1 “Robust Permanent Income and Pricing with Filtering,” Lars Peter Hansen, Thomas Sargent and Neng Wang, Macroeconomic Dynamics 6 (2002): pp. 40–84.