Nan Li

Nan Li joined Antai College of Economics and Management (ACEM), Shanghai Jiao Tong University (SJTU) as an Associate Professor in Finance in 2014. She is the Vice Director of the SJTU Securities Research Investment Institute, and a member of the Banking Industry Research Group in SJTU Institute of Industry Research. After receiving Ph.D. in Economics from the University of Chicago in 2005, she started her academic career in Department of Finance, NUS Business School in National University of Singapore. She was Affiliated Researcher at the Risk Management Institute and the Institute of Real Estate Studies in NUS.

Nan Li's research field is financial economics and financial econometrics with focuses on macro asset pricing. Her current works include pricing of ambiguity, value and risk of intangible capital, and robust decision-making under ambiguity in the financial market. Her work with Lars Peter Hansen (Nobel Laureate in Economics in 2013) and John C. Heaton on 'Consumption Strikes Back? Measuring Long-Run Risk' was published in the Journal of Political Economy in 2008. Nan Li has served as referee for Quarterly Journal of Economics, Journal of Political Economy, Econometrica, Journal of Economic Dynamics and Control, Journal of Money, Credit and Banking, Review of Financial Studies, and other top-tier journals in economics and finance.

Nan Li teaches all-in-English course on Bank Management to undergraduates and Introduction to China Banking Industry to students in the Master of International Business Program, Asset Allocation and Risk Management to students in MBA in Finance program, and Time Series Analysis in Macroeconomics and Finance to Ph.D. students. Her courses are open globally via the global online learning platform iCourse, Global Hybrid Classroom Program of Global MOOC Alliance, Virtual Exchange Program of Association of Pacific Rim Universities (APRU), and Jiao·Tong Global Virtual Classroom.

Nan Li frequently contributes editorial opinion essays to the Nikkei Asia, SupChina, FT Chinese, and other publications. She maintains the blog Nan on Risk at Wechat and Toutiao.

EDUCATION

• 1998-2005: Department of Economics, University of Chicago, USA

  • March 2005: Ph. D. in Economics
  • Primary Fields: Financial Economics, Macroeconomics, and Econometrics
  • Secondary Fields: Mathematical Economics, Public Finance
  • PhD Committee: Lars Peter Hansen (Co-chair), John Heaton (Co-chair), John Cochrane

• 1995-1998: Institute of Advanced Economic Studies, School of Economics, Wuhan University, CHINA

  • July 1998: Master of Arts in Economics
  • Major: Financial Economics and Macroeconomics

• 1991-1995: Department of Mathematics, Centre Sino-Française D’Informatiques et Mathématiques, Wuhan University, CHINA

  • July 1995: Bachelor of Science in Mathematics

FELLOWSHIP, GRANT AND AWARDS

• 2021-2024: Decision Making and Asset Pricing under Uncertainty, Research Fund, National Natural Science Foundation of China
• 2018-2020: Bank Management, Exemplary Course in English for International Students, Shanghai Ministry of Education
• 2016-2018: Decision Making of Family Firms under Uncertainty, Shanghai Pu Jiang Talents Fund, Science and Technology Commission of Shanghai Municipality
• 2015-2017: Exemplary Course in English for International Students Fund, Bank Management, Shanghai Ministry of Education
• 2006-2009: NUS Business School Academic Research Fund, Ministry of Education, Singapore
• 2002-2003: John M. Olin Foundation Dissertation Fellowship, University of Chicago
• 1998-2002: University Unendowed Fellowship, University of Chicago