Bio
Professor Zhiguo He is the James Irvin Miller Professor of Finance at the Graduate School of Business, Stanford University. He is a financial economist whose expertise covers financial markets, financial institutions, and macroeconomics broadly. He is also conducting academic research on Chinese financial markets, and writing academic articles on new progress in the area of cryptocurrency and blockchains. Before joining Stanford GSB, he was on the faculty of Chicago Booth from 2008 to 2023, where he received tenure in 2015 and led Becker Friedman Institute China from 2020 to 2023.
His research has been published in leading academic journals in finance and economics. After serving as associate editors for several leading academic journals, He served as the guest editor of the Review of Finance ”Special Issue on China” and currently serves as the editor of the Review of Asset Pricing Studies.
Professor He received his bachelor and master degrees from the School of Economics and Management at Tsinghua University before receiving his PhD from the Kellogg School of Management at Northwestern University in 2008. He has been named a 2014 Alfred P. Sloan Research Fellow, and has won numerous awards for his outstanding scholastic record, including the Lehman Brothers Fellowship for Research Excellence in Finance, the Swiss Finance Institute Outstanding Paper Award, the Smith-Breeden First Prize, and the Brattle Group First Prize. Before his academic career at Chicago Booth, he worked as a stock analyst at the China International Capital Corporation in Beijing in 2001 and visited the Bendheim Center for Finance at Princeton University as a post-doctoral fellow in 2008.
In Autumn 2015 Professor He was the Dean’s distinguished visiting scholar at Stanford University, Graduate School of Business, and in winter 2020 he was a visiting professor of finance at Yale University, School of Management. In January 2020, he testified at U.S.-China Economic and Security Review Commission (USCC) Hearing on “China’s Quest for Capital: Motivations, Methods, and Implications.”
Research Interests
- Financial Institutions
- Financial Markets
- Macroeconomics
- Theory
- Chinese Economy
Stanford University Affiliations
Academic Degrees
- PhD in Finance, Northwestern University, Kellogg School of Management, 2008
- MS in Finance, Tsinghua University, School of Economics and Management, 2001
- BS in Economics, Tsinghua University, School of Economics and Management, 1999
Academic Appointments
- James Irvin Miller Professor of Finance; Stanford University, Graduate School of Business; 2024–present
- Fuji Bank and Heller Professor of Finance; University of Chicago, Booth School of Business; 2019–23
- Professor of Finance; University of Chicago, Booth School of Business; 2015–19
- Associate Professor of Finance; University of Chicago, Booth School of Business; 2012–15
- Assistant Professor of Finance; University of Chicago, Booth School of Business; 2008–12
Awards and Honors
- Brattle Group First Prize, Journal of Finance, 2021
- Chicago Booth Class of 2021 Phoenix Award, 2021
- Brattle Group First Prize, Journal of Finance, 2014
- Alfred P. Sloan Research Fellowship, 2014
- Amundi Smith-Breeden First Prize, Journal of Finance, 2012
- Lehman Brothers Fellowship for Research Excellence in Finance, 2007
Service to the Profession
Review of Asset Pricing Studies
- Executive Editor 2022–present
- Co-Editor 2021–present
Review of Finance
- Guest Editor, Special Issue on China 2020–22
Journal of Finance
- Associate Editor 2016–22
Review of Financial Studies
- Associate Editor 2015–18
Management Science
- Associate Editor 2014–16
- Associate Editor, Special Issue on Blockchain and Crypto Economics Research 2021–22
Journal Articles
Working Papers
Other Publications
Book Chapters
Degree Courses
Insights by Stanford Business
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Warwick Business School Gillmore Centre Conference on Digital Currencies and DeFi, Keynote Speaker 2023
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China Finance Review International & China International Risk Forum Joint Conference, Keynote Speaker 2023
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6th CEIBS Finance and Accounting Symposium, Keynote Speaker 2023
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2023 Luohan Academy Annual Digital Economy Conference, Keynote Speaker
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CBDCs: Current Developments and Future Implications, CICC Global Institute (CGI) Forum, Panel Speaker 2023
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2023 Asia Meeting of the Econometric Society-China, Keynote Speaker
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Academic Conference on Digital Economy Development and Governance, Keynote Speaker 2023
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Opportunities and Challenges of Economic Sustainability in the Emerging Markets, Keynote Speaker 2022
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The Seventh International Conference on Smart Finance, The University of Hong Kong, Keynote Speaker 2022
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The Sixth China Financial Research Conference, Tsinghua University, Keynote Speaker 2022
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The Fourth PHBS Macro Finance Workshop, Peking University, Keynote Speaker 2022
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Brown China Summit, Brown University, Panel Speaker 2022
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Fourteenth Annual Risk Management Conference, National University of Singapore, Plenary Speaker 2021
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Closing Ceremony of 45th Anniversary of Universitas Sebelas Maret, Indonesia, Keynote Speaker 2021
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China Fintech Research Conference, Keynote Speaker 2021
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Mundell-Huangda Seminar, Renmin University of China, School of Finance, Speaker 2021
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Harper Lecture “China’s Economy at a Crossroads: State and Market” at University of Chicago Alumni Association, Lecturer 2020
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Testified at U.S.-China Economic and Security Review Commission Hearing on “China’s Quest for Capital: Motivations, Methods, and Implications,” Expert Witness 2020
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China International Conference in Economics, Keynote Speaker 2019
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Institute for Capacity Development (ICD), International Monetary Fund, Internal Economics Training (IET) Seminar Speaker 2019
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Greater Bay Area Summer Finance Conference, Keynote Speaker 2019
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Summer Research Boot Camp on Financial Intermediation and Markets, PBC School of Finance, Tsinghua University, Keynote Speaker 2019
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Guanghua School of Management, Peking University, Keynote Speaker, Fintech Symposium 2019
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Hanqing Advanced Institute of Economics and Finance, Renmin University, Keynote Speaker, Summer Finance Workshop 2019
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Global Blockchain Summit in Shanghai, Keynote Speaker 2018, 2022
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Summer Institute of Finance Conference, Shanghai, Keynote Speaker 2018
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China Meeting of the Econometric Society, Shanghai, Keynote Speaker 2018
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Conference on Globalization, Development, and Economic and Financial Stability, Tokyo, Keynote Speaker 2017
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China Finance Annual Meeting, Keynote Speaker 2017
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Study Center Gerzensee and Swiss Finance Institute, One-Week Lecture of Advanced Courses in Economics for Doctoral Students and Faculty Members 2017
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Copenhagen Business School, Panel Member, External Evaluation for FRIC Center 2016
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School of Finance Annual Conference, Nankai University, Keynote Speaker 2016