Xingtan Zhang

Dr. Xingtan Zhang is a visiting assistant professor of finance at CKGSB, an assistant professor of finance at University of Colorado Boulder, and a member of Finance Theory Group. He received his Ph.D. in applied economics from The Wharton School of the University of Pennsylvania in 2017. Before that, he received a Ph.D. in applied math from the University of Pennsylvania and a B.S. in mathematics from Peking University.

Dr. Zhang’s main research interests are broadly in asset pricing, information economics, behavioral economics, financial institutions, and mechanism design. His work has been published in Econometrica, Review of Financial Studies, Journal of Economic Theory, Management Science, and Journal of Financial Intermediation.

Academic Employment

• 2022-2023 Visiting Assistant Professor of Finance, CKGSB
• 2017-present Assistant Professor of Finance, University of Colorado Boulder

Education

• 2013-2017 Ph.D., Business Economics and Public Policy, The Wharton School, University of Pennsylvania
• 2009-2013 Ph.D., Applied Mathematics and Computational Science, University of Pennsylvania
• 2005-2009 B.S., Mathematics and Applied Mathematics, Peking University

Areas of Expertise

Asset Pricing, Information Economics, Behavioral Economics, Financial Institutions, and Mechanism Design

Teaching

Instructor

• Principles of Financial Management, University of Colorado Boulder
  Fall 2017, Fall 2018, Fall 2019, Fall 2020, Fall 2021
• Financial Economics (Ph.D. level), University of Colorado Boulder,
  Spring 2019, Fall 2020, Fall 2021

TA

• Managerial Economics, The Wharton School, University of Pennsylvania
  Spring 2016 (as head TA)
• Calculus, Department of Mathematics, University of Pennsylvania
  Fall 2010, Spring 2011

Publications

1. “Pricing Implications of Noise” (with Christian Goulding and Shrihari Santosh) Review of Financial Studies, forthcoming
2. “A Model of Product Line Marketing” (with Chuan He and Shaowei Ke) Management Science, forthcoming
3. “Long-Term Contracting with Time-Inconsistent Agents” (with Daniel Gottlieb) Econometrica, 89, March 2021, pp. 793-824
4. “On the Efficiency of Long Intermediation Chains” (with Vincent Glode and Christian Opp) Journal of Financial Intermediation, 38, April 2019, pp. 11-18
5. “Voluntary Disclosure in Bilateral Transactions” (with Vincent Glode and Christian Opp)Journal of Economic Theory, 175, May 2018, pp. 652-688

Working papers：

1. “Arms Sales in Financial Markets” (with Vincent Glode)
2. “Disagreement, Skewness, and Asset Prices” (with Christian Goulding and Shrihari Santosh)
3. “Collective Decision Through an Informed Designer” (with Yunan Li)
4. “The Value of Scattered Information” (with Christian Goulding)
5. “Reducible Intermediation Chains” (with Yu An and Yang Song)
6. “Efficient Bargaining Through a Broker”
7. “A Sharper Ratio” (with Kent Smetters)