Chen Xue

Headshot of Chen Xue

Chen Xue

Thornburgh Professorship, Assistant Professor, Department of Finance, Real Estate, and Insurance and Risk Management

405 Carl H. Lindner Hall

513-556-7078

Dr. Chen Xue is an assistant professor of finance. His main research interests include empirical asset pricing, mutual fund performance, and real estate finance. Dr. Xue has published in the Review of Financial Studies and the Journal of Real Estate Finance and Economics. His work has been featured by the Wall Street Journal and Bloomberg TV and has won the second prize at the Chicago Quantitative Alliance Annual Academic Competition in 2015 and 2017. Dr. Xue has taught investments at both the undergraduate and M.B.A. levels, and theoretical and empirical asset pricing at the PhD level. In 2016, he received the Daniel J. Westerbeck Junior Faculty Graduate Teaching Award. Dr. Xue earned a B.S. in Mathematical Statistics from the University of Science and Technology of China in 2003, a M.S. in Statistics from Michigan State University in 2006, and a PhD in Finance from the University of Michigan in 2012.

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Teaching Interest

Investments/Asset Pricing/Derivatives

Research Interest

Empirical Asset Pricing, Asset Management, Real Estate Finance

Website:  https: //sites.google.com/site/xuecx2013

Awards | Honors

Organization: Lindner College of Business

Name: Lindner Research Excellence Emerging Scholar Award

Year Received: 2018

Organization: Chicago Quantitative Alliance (CQA)

Name: Second Prize, 2017 CQA Annual Academic Competition

Year Received: 2017

Organization: INQUIRE Europe

Name: 2016 INQUIRE Europe Research Grant

Year Received: 2016

Organization: Lindner College of Business, University of Cincinnati

Name: Daniel J. Westerbeck Junior Faculty Graduate Teaching Award

Year Received: 2016

Organization: Chicago Quantitative Alliance (CQA)

Name: Second Prize, 2015 CQA Annual Academic Competition

Year Received: 2015

Organization: Lindner College of Business, University of Cincinnati

Name: Dean's List of Teaching Excellence

Year Received: 2015

Organization: Lindner College of Business, University of Cincinnati

Name: Dean's List of Teaching Excellence

Year Received: 2013

Organization: Real Estate Research Institute

Name: Real Estate Research Institute Research Grant

Year Received: 2013

Organization: Lindner College of Business, University of Cincinnati

Name: Dean’s List of Teaching Excellence

Year Received: 2012

Education

Institution: University of Michigan

Location: Ann Arbor

Major: Finance

Completed: 2012

Degree: Ph D

Institution: Michigan State University

Location: East Lansing

Major: Statistics

Completed: 2006

Degree: MS

Institution: University of Science and Technology of China

Location: China

Major: Statistics

Completed: 2003

Degree: BS

Published Contributions

Kewei Hou, Haitao Mo, Chen Xue, Lu Zhang,  (2019). Which Factors?. Review of Finance, 1-35.

Shaun Bond, Chen Xue,  (2017). The cross section of expected real estate returns:  Insights from investment-based asset pricing. Journal of Real Estate Finance and Economics, .

Kewei Hou, Chen Xue, Lu Zhang,  (2015). Digesting Anomalies:  An Investment Approach. Review of Financial Studies, 650-705.

Frederico Belo, Chen Xue, Lu Zhang,  (2013). A Supply Approach to Valuation. Review of Financial Studies, 3029-3067.

Accepted Contributions

Kewei Hou, Chen Xue, Lu Zhang,  (Accepted). Replicating Anomalies. Review of Financial Studies.

Research in progress

Title: An Investment-Based Investigation of Mutual Fund Performance

Status: On-Going

Research Type: Scholarly

Title: Attenuating Anomalies

Status: On-Going

Research Type: Scholarly

Title: Global q-factors

Status: On-Going

Research Type: Scholarly

Title: Intangible Assets and Cross-Sectional Stock Returns:  Evidence from Structural Estimation

Status: On-Going

Research Type: Scholarly

Title: The Economics of Security Analysis

Status: On-Going

Presentations

Title: Discussion of "Model Comparison with Sharpe Ratios"

Location: Tianjing, China

Year: 2018

Title: Replicating Anomalies

Organization: Western Finance Association

Location: San Diego

Year: 2018

Title: Replicating Anomalies

Organization: National Bureau of Economic Research

Location: New York

Year: 2018

Title: The Econmics of Value Investing

Organization: College of Business, Ohio University

Location: Athens, Ohio

Year: 2018

Title: Replicating Anomalies

Organization: Institute for Private Capital, University of North Carolina

Location: New York

Year: 2017

Title: Replicating Anomalies

Location: Philadephia

Year: 2017

Title: Replicating Anomalies

Organization: Chicago Quantitative Alliance

Location: Chicago

Year: 2017

Title: Discussion of "Taming the Factor Zoo"

Organization: University of Oregon

Location: Eugene, Oregon

Year: 2017

Title: Replicating Anomalies

Organization: Sauder School of Business, University of British Columbia

Location: Vancouver, Canada

Year: 2017

Title: Replicating Anomalies

Organization: Ivey Business School

Location: London, Ontario

Year: 2017

Title: A Comparison of New Factor Models

Organization: Rotman School of Management, University of Toronto

Location: Toronto

Year: 2016

Title: Discussion of "Mispricing Factors"

Organization: Ivey Business School

Location: London, Ontario

Year: 2016

Title: Discussion of "Market Reactions to Internal and External Growth"

Organization: Society for Financial Studies, University of Toronto

Location: Toronto

Year: 2016

Title: Discussion of "Testing Factor Models on Characteristic and Covariance Pure Plays"

Organization: University of Kentucky

Location: Lexington

Year: 2016

Title: The cross section of expected real estate returns:  Insights from investment-based asset pricing

Organization: The American Real Estate and Urban Economics Association (AREUEA)

Location: Washington DC

Year: 2015

Title: A Comparison of New Factor Models

Organization: Sauder School of Business, University of British Columbia

Location: Vancouver, Canada

Year: 2015

Title: A Comparison of New Factor Models

Organization: Financial Intermediation Research Society

Location: Reykjavik, Iceland

Year: 2015

Title: A Comparison of New Factor Models

Organization: McGill University

Location: Montreal, Quebec

Year: 2015

Title: The cross section of expected real estate returns:  Insights from investment-based asset pricing

Organization: The American Real Estate and Urban Economics Association (AREUEA)

Location: Washington DC

Year: 2015

Title: A Comparison of New Factor Models

Organization: Society of Financial Studies

Location: Atlanta, GA

Year: 2015

Title: A Comparison of New Factor Models

Organization: Florida State University

Location: Sandestin Beach, FL

Year: 2015

Title: The cross section of expected real estate returns:  Insights from investment-based asset pricing

Organization: The University of Connecticut Real Estate Center

Location: Storrs, CT

Year: 2015

Title: A Comparison of New Factor Models

Organization: Wharton School of the University of Pennsylvania

Location: Philadelphia, PA

Year: 2015

Title: A Comparison of New Factor Models

Organization: Arizona State University

Location: Scottsdale, AZ

Year: 2015

Title: Discussion:  Predicting Time-varying Value Premium Using the Implied Cost of Capital

Organization: American Finance Association

Location: Boston

Year: 2015

Title: The cross section of expected real estate returns:  Insights from investment-based asset pricing

Organization: Real Estate Research Institute

Location: Chicago

Year: 2014

Title: Digesting Anomalies:  An Investment Approach

Organization: China Center for Financial Research (CCFR), Tsinghua University, Sloan School of Management, MIT

Location: Shanghai

Year: 2013

Title: Cross-Sectional Tobin's Q

Organization: American Finance Association

Location: San Diego

Year: 2013

Title: Cross-Sectional Tobin's Q

Organization: Financial Intermediation Research Society

Location: Minneapolis

Year: 2012

Title: Discussion:  Corporate social responsibility and asset pricing in industry equilibrium

Organization: Financial Intermediation Research Society

Location: Minneapolis

Year: 2012