Faculty and Research

Neng Wang

Journal articles

"Capital reallocation and growth"
American Economic Review: Papers and Proceedings (2009)

"Optimal Consumption and Asset Allocation with Unknown Income Growth"
Journal of Monetary Economics (2009)

"Agency Conflicts, Investment, and Asset Pricing"
Journal of Finance (2008)

"An Equilibrium Model of Wealth Distribution"
Journal of Monetary Economics (2007)

"Investment Under Uncertainty and Time-Inconsistent Preferences"
Journal of Financial Economics (2007)

"Investment Under Uncertainty with Strategic Debt Service"
American Economic Review Papers and Proceedings (2007)

"Investment, Consumption, and Hedging Under Incomplete Markets"
Journal of Financial Economics (2007)

"Generalizing the Permanent-Income Hypothesis: Revisiting Friedman's Conjecture on Consumption"
Journal of Monetary Economics (2006)

"Investment Timing, Agency, and Information"
Journal of Financial Economics (2005)

"Precautionary Saving and Partially Observed Income"
Journal of Monetary Economics (2004)

"Caballero Meets Bewley: The Permanent-Income Hypothesis in General Equilibrium"
American Economic Review (2003)

"Robust Permanent Income and Pricing with Filtering"
Macroeconomic Dynamics (2002)

Working papers

"Risk, Uncertainty, and Option Exercise"
Working Paper (2009)

"The Economic and Policy Consequences of Catastrophes"
NBER Working Paper No. 15373 (2009)

"Dynamic agency and the q theory of investment"
(2009)

"Entrepreneurial Finance and Non-diversifiable Risk"
Working paper (2009)

"Financing real options"
Working Paper (2008)

"Recurrent Investment Opportunities: Real Options with Illiquid Projects"
Working paper (2007)

"Experimentation under Uninsurable Idiosyncratic Risk: An Application to Entrepreneurial Survival"
Working paper (2007)

"Investor Protection and Investment"
Working paper (2006)