Details about Wei Xiong

Access statistics for papers by Wei Xiong.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: pxi88

Working Papers

2024

1. Information Discovery for Industrial Policy
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

2. Daily Momentum and New Investors in an Emerging Stock Market
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Data Privacy and Algorithmic Inequality
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
4. Derisking Real Estate in China’s Hybrid Economy
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

5. Decentralization Through Tokenization
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
6. The Big Tech Lending Model
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)

2021

7. The Data Privacy Paradox and Digital Demand
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)

2020

8. A Model of Cryptocurrencies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
9. Banking Crises without Panics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
10. China's Model of Managing the Financial System
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
11. Data Privacy and Temptation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
12. Issuance Overpricing of China’s Corporate Debt Securities
    NBER Working Papers, National Bureau of Economic Research, Inc
13. Learning about the Neighborhood
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
14. Taming the Bias Zoo
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2019

15. Economic Consequences of Housing Speculation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2018

16. China's Real Estate Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
17. Risks in China’s Financial System
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
18. The Mandarin Model of Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)

2017

19. China's Gradualistic Economic Approach and Financial Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
20. Daily Price Limits and Destructive Market Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2016

21. Credit Expansion and Neglected Crash Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)

2015

22. Demystifying the Chinese Housing Boom
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (85)
    See also Chapter Demystifying the Chinese Housing Boom, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (79) (2015)
23. Social Trust and Differential Reactions of Local and Foreign Investors to Public News
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2014

24. A Welfare Criterion for Models with Distorted Beliefs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (128)

2013

25. Are Commodity Futures Prices Barometers of the Global Economy?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
26. Bubbles, Crises, and Heterogeneous Beliefs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)
27. Informational Frictions and Commodity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
28. The Financialization of Commodity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)
29. Wall Street and the Housing Bubble
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
30. Why Do Hedgers Trade So Much?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2012

31. Convective Risk Flows in Commodity Futures Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
32. Debt Financing in Asset Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Debt Financing in Asset Markets, American Economic Review, American Economic Association (2012) View citations (8) (2012)

2010

33. Financing Speculative Booms
    Levine's Working Paper Archive, David K. Levine View citations (2)
34. Index Investment and Financialization of Commodities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (175)
35. Rollover Risk and Credit Risk
    2010 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (4)
    See also Journal Article Rollover Risk and Credit Risk, Journal of Finance, American Finance Association (2012) View citations (227) (2012)

2009

36. Dynamic Debt Runs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
37. Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia
    CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics View citations (124)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (34)
    See also Journal Article Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia, Annals of Economics and Finance, Society for AEF (2009) View citations (134) (2009)
38. The Chinese Warrants Bubble
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article The Chinese Warrants Bubble, American Economic Review, American Economic Association (2011) View citations (140) (2011)

2008

39. Delegated Asset Management, Investment Mandates, and Capital Immobility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
40. Realization Utility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Realization utility, Journal of Financial Economics, Elsevier (2012) View citations (71) (2012)

2007

41. Advisors and Asset Prices: A Model of the Origins of Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Advisors and asset prices: A model of the origins of bubbles, Journal of Financial Economics, Elsevier (2008) View citations (50) (2008)

2006

42. Heterogeneous Expectations and Bond Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Heterogeneous Expectations and Bond Markets, The Review of Financial Studies, Society for Financial Studies (2010) View citations (111) (2010)
43. Pay for Short-Term Performance: Executive Compensation in Speculative Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
44. R2 and Price Inefficiency
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (23)
45. What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article What Drives the Disposition Effect? An Analysis of a Long‐Standing Preference‐Based Explanation, Journal of Finance, American Finance Association (2009) View citations (229) (2009)

2005

46. Asset Float and Speculative Bubbles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    See also Journal Article Asset Float and Speculative Bubbles, Journal of Finance, American Finance Association (2006) View citations (168) (2006)
47. Investor Attention: Overconfidence and Category Learning
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Investor attention, overconfidence and category learning, Journal of Financial Economics, Elsevier (2006) View citations (531) (2006)

2004

48. Evaluating Incentive Options
    Econometric Society 2004 North American Winter Meetings, Econometric Society

2003

49. Executive Compensation and Short-termist Behavior in Speculative Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in Levine's Working Paper Archive, David K. Levine (2003) View citations (20)

2002

50. Overconfidence, Short-Sale Constraints and Bubbles
    Princeton Economic Theory Working Papers, David K. Levine View citations (8)

Journal Articles

2012

1. Debt Financing in Asset Markets
   American Economic Review, 2012, 102, (3), 88-94 View citations (8)
   See also Working Paper Debt Financing in Asset Markets, NBER Working Papers (2012) View citations (8) (2012)
2. Realization utility
   Journal of Financial Economics, 2012, 104, (2), 251-271 View citations (71)
   See also Working Paper Realization Utility, NBER Working Papers (2008) View citations (1) (2008)
3. Rollover Risk and Credit Risk
   Journal of Finance, 2012, 67, (2), 391-430 View citations (227)
   See also Working Paper Rollover Risk and Credit Risk, 2010 Meeting Papers (2010) View citations (5) (2010)

2011

4. The Chinese Warrants Bubble
   American Economic Review, 2011, 101, (6), 2723-53 View citations (140)
   See also Working Paper The Chinese Warrants Bubble, NBER Working Papers (2009) View citations (1) (2009)

2010

5. Heterogeneous Expectations and Bond Markets
   The Review of Financial Studies, 2010, 23, (4), 1433-1466 View citations (111)
   See also Working Paper Heterogeneous Expectations and Bond Markets, NBER Working Papers (2006) View citations (4) (2006)

2009

6. Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia
   Annals of Economics and Finance, 2009, 10, (2), 225-255 View citations (134)
   See also Working Paper Speculative Trading and Stock Prices: Evidence from Chinese A-B Share Premia, CEMA Working Papers (2009) View citations (124) (2009)
7. What Drives the Disposition Effect? An Analysis of a Long‐Standing Preference‐Based Explanation
   Journal of Finance, 2009, 64, (2), 751-784 View citations (229)
   See also Working Paper What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation, NBER Working Papers (2006) View citations (13) (2006)

2008

8. Advisors and asset prices: A model of the origins of bubbles
   Journal of Financial Economics, 2008, 89, (2), 268-287 View citations (50)
   See also Working Paper Advisors and Asset Prices: A Model of the Origins of Bubbles, NBER Working Papers (2007) View citations (2) (2007)

2007

9. A general framework for evaluating executive stock options
   Journal of Economic Dynamics and Control, 2007, 31, (7), 2317-2349 View citations (22)
10. Investor Attention and Time‐varying Comovements
    European Financial Management, 2007, 13, (3), 394-422 View citations (37)

2006

11. Asset Float and Speculative Bubbles
    Journal of Finance, 2006, 61, (3), 1073-1117 View citations (168)
    See also Working Paper Asset Float and Speculative Bubbles, NBER Working Papers (2005) View citations (27) (2005)
12. Investor attention, overconfidence and category learning
    Journal of Financial Economics, 2006, 80, (3), 563-602 View citations (531)
    See also Working Paper Investor Attention: Overconfidence and Category Learning, NBER Working Papers (2005) View citations (5) (2005)
13. Prospect theory and liquidation decisions
    Journal of Economic Theory, 2006, 129, (1), 273-288 View citations (38)

2003

14. Overconfidence and Speculative Bubbles
    Journal of Political Economy, 2003, 111, (6), 1183-1219 View citations (908)

2001

15. Convergence trading with wealth effects: an amplification mechanism in financial markets
    Journal of Financial Economics, 2001, 62, (2), 247-292 View citations (142)

Chapters

2015

1. Demystifying the Chinese Housing Boom
   A chapter in NBER Macroeconomics Annual 2015, Volume 30, 2015, pp 105-166 View citations (79)
   See also Working Paper Demystifying the Chinese Housing Boom, National Bureau of Economic Research, Inc (2015) View citations (85) (2015)