Lei Lu

Dr. Lu joined the Asper School of Business in 2016. He holds a Ph.D. in Finance from McGill University and a master’s degree in management from Tianjin University, China. He taught in the Guanghua School of Management at Peking University (2011-2016) and the School of Finance at Shanghai University of Finance and Economics (2007-2011) before joining the Asper School of Business. Dr. Lu presented his works at primary academic conferences and served as an ad hoc reviewer for several academic journals and conferences. He is the Associate Editor of Accounting and Finance and China Finance Review International.

• Asset Pricing (with heterogeneous agents and frictions)
• Behavioural Finance
• International Finance

• Asset Pricing
• Investments
• Options and Futures

Anomaly Discovery and Arbitrage Trading (with Dong, Liu, Sun and Yan). Conditionally accepted by Journal of Financial and Quantitative Analysis.

Dispersion in Beliefs and Individual Investor Beliefs (with Li, Ma, Wu and Xiong). Forthcoming in Financial Management.

Voluntary Information Disclosure with Heterogeneous Beliefs (with Liu, Liu, Shi and Xiong), Journal of Economic Dynamics and Control, 2021, Vol. 124: 104081.

Heterogeneous Preferences, Investment and Asset Pricing (with Liu, Mu and Yang), Financial Management, 2021, Vol. 50(4): 1169-1193.

Enforceability and Effectiveness of Laws and Regulations (with Li, Qian and Zhu), Journal of Corporate Finance, 2020, Vol. 62: 101598.

Shadow Banks, Leverage Risks and Asset Prices (with Feng and Xiao), Journal of Economic Dynamics and Control, 2020, Vol. 111: 103816.

Two Trees with Heterogeneous Beliefs: Spillover Effect of Disagreement (with Han and Zhou), Journal of Financial and Quantitative Analysis, 2019, Vol. 54(4): 1791-1819.

Incentive Contracting under Ambiguity Aversion (with Liu and Sun), Economic Theory, 2018, Vol. 66(4): 929-950.

Asset Pricing in a Monetary Economy with Heterogeneous Beliefs (with Croitoru), Management Science, 2015, Vol. 61(9): 2203-2219.