Hengjie Ai

Hengjie Ai

Associate Professor


  • PhD 2006
    Economics University of Minnesota


  • Finance, Macroeconomics, Economic Theory


Hengjie Ai is an Associate Professor in Finance at the Carlson School of Management, University of Minnesota. Prior to joining the University of Minnesota, he was an assistant professor at the Fuqua School of Business, Duke University.

Hengjie's research interest includes topics in asset pricing, corporate finance, and macroeconomic theory. His research has been published in top Economics journals such as Econometrica and top finance journals such as the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. Hengjie holds a PhD in Economics from University of Minnesota.

Selected Works & Activities.

  • Journal Articles
    Asset pricing with endogenously uninsurable tail risk, with Anmol Bhandari, forthcoming, Econometrica
  • A unified model of firm dynamics with limited commitment and assortative matching, with Dana Kiku, Rui Li, and Jincheng Tong, Journal of Finance, 2020
  • Journal Articles
    Risk preferences and the macro announcement premium, with Ravi Bansal, Econometrica, 2018
  • Current Research

    My research interest is in Finance, Macroeconomics, and Economic Theory. Please visit my website for details: http://www.hengjieai.com

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