Jiang Wang

Jiang Wang is the Mizuho Financial Group Professor and a Professor of Finance at the MIT Sloan School of Management. His research focuses on the pricing of financial assets and investment and risk management. He is currently working on the characterization of financial risks, the impact of liquidity on asset prices, optimal trading execution, and optimal portfolio choices. He also conducts research on financial development in China. Wang holds a BS in physics from Nanjing University, a PhD in theoretical physics from the University of Pennsylvania, and a PhD in finance from the Wharton School, University of Pennsylvania.

Jiang Wang, affiliated with MIT, focuses on financial market dynamics, particularly the relationship between trading volume and stock returns. Their research explores the implications of trading volume in portfolio theory, asset pricing, and market liquidity. Wang's work includes the analysis of serial correlation in stock returns, the role of noise in illiquidity, and the impact of asymmetric information on asset prices. They also examine the behavior of trading volume under different market conditions, such as periodic market closures and fixed transaction costs. Their studies contribute to understanding the interplay between market liquidity, investor behavior, and asset pricing models.