Nan Li is an Associate Professor in Antai College of Economics and Management (ACEM), Shanghai Jiao Tong University. She received her Ph.D. in Economics from the University of Chicago in 2005 and started her academic career in Department of Finance, NUS Business School in National University of Singapore. She was Affiliated Researcher at the Risk Management Institute and the Institute of Real Estate Studies in NUS from 2008 to 2014.
Nan Li's research interests include asset pricing, corporate finance and time-series analysis in Macroeconomics and Finance. Her current research focus on understanding investment decision and economic decision of agents with both risk and ambiguity aversion. Her work with Lars Peter Hansen and John Heaton on ‘Consumption Strikes Back? Measuring Long-Run Risk’ was published in the Journal of Political Economy in 2008. Nan Li has served as referee for Quarterly Journal of Economics, Journal of Political Economy, Econometrica, Journal of Economic Dynamics and Control, Journal of Money, Credit and Banking, Review of Financial Studies,and other top-tier journals in economics and finance.
RESEARCH INTERESTS
Financial Economic and Macroeconomics, with focus on asset pricing theory and empirical analysis of stock market and macroeconomy, intangible capital and uncertainty, ambiguity aversion and economic decision
Intangible Risk,with Lars Peter Hansen and John C. Heaton, Measuring Capital in the New Economy, edited by Carol Corrado, John Haltiwanger and Daniel Sichel, The University of Chicago Press, 2005. Conference on Measuring Capital in the New Economy, April 2002
Intangible Capital and Stock Market,Ph.D. thesis, Department of Economics, The University of Chicago, 2005
Motivating Students to Learn Actively through Competition, Experiments in Pedagogy: Selected Papers from Professional Development Programme (Teaching), vol. 2, edited by Daphne Pan, Center for Development Teaching and Learning, National University of Singapore, 2007.
2021/03/27: Invited Talk: Explaining Ant's IPO Suspension: Fintech and Financial Regulations in China's Internet Economy, China Crossroads, hosted by Frank Tsai
2016/04/22: 2013年诺贝尔经济学奖获得者、美国芝加哥大学教授拉尔斯 • 汉森：在经济研究中如何系统地引入不确定性，文汇报，文汇学人：访谈录 (Nobel Laureate 2013 in Economic Sciences, Professor in University of Chicago, Lars Peter Hansen on How to Systematically Study Ambiguity in Economics, in Chinese, Wenhui Bao)
2016/10/17: 面对未知的投资决策：把鸡蛋放一个篮子，国际金融时报，2016年10月17日第14版, (Put All the Eggs in One Basket----Investment Decision with Ambiguity, in Chinese, International Finance Times)
2017/9/21: 李楠（上海交通大学）：家族企业传承百年的秘密，音频, 伍治坚证据主义, @喜马拉雅FM (Li Nan (SJTU): The Secrete of Family Firms, Audio in Chinese, Wu Zhijian's Evidentialist Channel @ximalayaFM )
2018/08/20: 2018年度上海干部在线学习专题“开放型经济和经济中心城市建设”专题讲座，共享经济与优化城市资源配置，(Lecture on "Platform Economy and Efficient Asset Allocation" in Chinese for city officers in Shanghai.)
2018/8/30: 为什么应该取缔滴滴“顺风车”业务？因为它的市场设计无法解决“道德危机”产生, 解放日报，上观新闻网 (In Chinese, Why should the Didi Share-Ride be Banned?, Jie Fang Daily, Shanghai Observe)
2018/11/28: 上海交通大学李楠：真正的富人只需要一个篮子，全球华人财经大V面对面，伍治坚证据主义 (In Chinese text, Shanghai Jiao Tong University, Li Nan: The real wealthy investor only needs one basket, Wu Zhijian's Evidentialist Channel )
2018/12/04: 芝加哥大学荣休校长 Hugo F. Sonnenschein 做客第112期大师讲坛, 上海交通大学, 新闻学术网 (In Chinese, Report on the 112th Distinguished Master Lecture Series by President Emeritus of the University of Chicago, Hugo F. Sonnenschein, Shanghai Jiao Tong University, Academic News)
2020/9/22: 如何解救困在系统里的外卖骑手？——在决策系统中引入不确定性下的稳健经济决策思维, FT中文网 (How to rescue takeaway riders stuck in the system? ---- Considering robust algorithms under Knightian uncertainty, Financial Times in Chinese)，cited by
2020/11/04: 蚂蚁暂缓上市波及671万股民，阿里市值一夜蒸发700亿美元，金融科技迎来估值重塑？时代周报，时代财经快讯，林前，高秋榕（访谈）（When tech meets fin without appropriate regulation, it may open a Pandora Box of predatory lending, moral hazard, conflicts of interests......）
2020/11/18: 蚂蚁上市暂停：科技无限，金融有界，监管有度, 李楠，陈开宇，FT中文网 (Suspension IPO of Ant Group: Tech May Be Boundless, Financial Intermediary Has to Be Bounded and Appropriately Regulated, Financial Times In Chinese, with Kaiyu Chen )
2020/11/18：寻求金融科技监管的“界”与“度”，李楠，陈开宇，经济观察报管理与创新案例研究院公众号 (Seeking the boundary and appropriate regulation of Fintech)
2020/11/23：蚂蚁暂缓上市后余波未平，李楠：应隔断数据与金融中介业务的关联， 时代周报，时代财经快讯，廖维（专访）(Li Nan: It is necessary to separate the data services from the financial intermediary services )
2021/04/13: 由阿里受罚看平台经济下一步, 李楠，陈开宇，FT中文网 (From the fine on Alibaba to the development and regulation of the platform economy, FT Chinese, with Kaiyu Chen)
- Asset Allocation and Risk Management, MBA Course, in Chinese
·National University of Singapore, NUS Business School, Department of Finance
December 2004 to June 2014, courses taught:
-Empirical Finance, core course for PhD students in the Department of Finance with average teaching evaluation 4.7/5.0
-Bank Management, undergraduate course with average teaching evaluation 4.0/5.0
-Executive Program on Bank Management, in Chinese with average teaching evaluation 4.2/5.0, for Executives in China Construction Bank, Bank of China, Shanghai Pudong Development Bank, Suzhou Bank and etc.
·University of Chicago, Department of Economics
Lecturer, courses taught:
-Summer 2003: Introduction to Mathematical Methods in Economics, Graduate Math Camp
-Summer 2003: Econometrics A, Undergraduate Course
-Fall 2000: Macroeconomics, Elements of Economic Analysis-4, Undergraduate Course
·Wuhan University, Institute of Advanced Economics Studies
