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Ju, Nengjiu

Associate Professor of Finance
Shanghai Advanced Institute of Finance

njju@saif.sjtu.edu.cn

Educational Background

Ph.D. (Finance) from University of California at Berkeley

Experience

Professor Ju’s academic and professional experience includes associate professor of finance in Hong Kong University of Science and Technology (HKUST) from July 2005 until now. And assistant professor of finance in Smith School of Business, University of Maryland, College Park from 1998 to 2005.

Honors / Achievements

TCW best paper award, 2009 China International Conference in Finance

Short BIO

Professor Ju has published widely at leading academic journals such as Review of Derivatives Research, Journal of Financial Economics, Journal of Businessand so on.

Profess Ju’s outstanding contributions to research and teaching were recognized and honored by many awards as follow, Best Student Paper Award, Conference on Computational Intelligence for Financial Engineering, 1998, New York City, “Fourier Transformation, Martingale, and the Pricing of Average-Rate Derivatives.”, Guangzhou,“Dynamic Asset Allocation with Ambiguous Return Predictability,” (with Hui Chen,and Jianjun Miao).

Publication

  • Nengjiu Ju, Jianjun Miao (2012), Ambiguity, Learning, and Asset Returns, Econometrica.

    Nengjiu Ju, Xuhu Wan (2012), Optimal Compensation and Pay-Performance Sensitivity in a Continuous-Time Principal-Agent Model, Management Science.

    Nengjiu Ju, Rui Zhong (2006), Fourier Transformation and the Pricing of Average-Rate Derivatives, Review of Derivatives Research.

    Nengjiu Ju, Gurdip Bakshi, Hui Ou-Yang (2006), Estimation of Continuous-Time Models with an Application to Equity Volatility Dynamics, Journal of Financial Economics.

    Nengjiu Ju, Hui Ou-Yang (2006), Capital Structure, Debt Maturity, and Stochastic Interest Rates, Journal of Business.

    Nengjiu Ju, Andrew Chen, Sumon Mazumdar, Avinash Verma (2006), Correlated Default Risks and Bank Regulations, Journal of Money, Credit and Banking.

    Nengjiu Ju, Gurdip Bakshi (2005), A Refinement to AitSahalia's (2003) `` Maximum Likelihood Estimation of Discretely Sampled Diffusions: A Closed-form Approximation Approach, Journal of Business.

    Robert Parrino, Allen Poteshman, Michael Weisback, Nengjiu Ju (2005), Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure, Journal of Financial and Quantitative Analysis.

    Nengjiu Ju (2002), Pricing Asian and Basket Options Via Taylor Expansion, Journal of Computational Finance.

    Nengjiu Ju, Robert Goldstein, Hayne Leland (2001), EBIT-based Dynamic Capital Structure, Journal of Business.

    Nengjiu Ju, Rui Zhong (1999), An Approximate Formula for Pricing American Options, Journal of Derivative.

    Nengjiu Ju (1998), Pricing an American Option by Approximating Its Early Exercise Boundary As a Multi-Piece Exponential Function,Review of Financial Studies.