Neng Wang

Photo of Neng Wang

Chong Khoon Lin Professor of Real Estate

The Paul Milstein Center for Real Estate

Chong Khoon Lin Professor of Real Estate

Finance and Economics

BS, Nanjing University; MS, California Institute of Technology; MA, UC San Diego; PhD, Stanford, 2002

Year joined: 2004

E-mail: nw2128@columbia.edu


Journal articles

"A Unified Model of Entrepreneurship Dynamics"
Journal of Financial Economics (2012)

Coauthor(s): Chong Wang, Jinqiang Yang

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"Risk, Uncertainty, and Option Exercise"
Journal of Economic Dynamics & Control (2011)

Coauthor(s): Jianjun Miao

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"Entrepreneurial finance and non-diversifiable risk"
Review of Financial Studies (2010)

Coauthor(s): Hui Chen, Jianjun Miao

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

Coauthor(s): Janice Eberly

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


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

Coauthor(s): Rui Albuquerque

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


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

Coauthor(s): Steven Grenadier

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

Coauthor(s): M. Suresh Sundaresan

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

Coauthor(s): Jianjun Miao

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


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

Coauthor(s): Steven Grenadier

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


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


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

Coauthor(s): Lars Hansen, Thomas Sargent

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Working papers

"The Economics of Hedge Funds"
Working paper (2012)

Coauthor(s): Yingcong Lan, Jinqiang Yang

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"The Economic and Policy Consequences of Catastrophes"
Working paper (2012)

Coauthor(s): Robert Pindyck

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"Valuing Private Equity"
Working paper (2012)

Coauthor(s): Morten Sorensen, Jinqiang Yang

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"Market Timing, Investment, and Risk Management"
Working paper (2011)

Coauthor(s): Patrick Bolton, Hui Chen

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"Investment, Tobin's q, and interest rates"
(2011)

Coauthor(s): Chong Wang, Jinqiang Yang

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"Reallocating and pricing illiquid capital: Two productive trees"
Working paper (2010)

Coauthor(s): Janice Eberly

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"Entrepreneurial Finance and Nondiversifiable Risk"
Working paper (2009)

Coauthor(s): Hui Chen, Jianjun Miao

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"Financing real options"
Working Paper (2008)

Coauthor(s): M. Suresh Sundaresan

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

Coauthor(s): Steven Grenadier

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

Coauthor(s): Jianjun Miao

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"Investor Protection and Investment"
Working paper (2006)

Coauthor(s): Yingcong Lan

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