Huibing Zhang

Professor - Management
harold.zhang@utdallas.edu
972-883-4777
SOM14512
Tags: Financial & Managerial Economics

Professional Preparation

Ph.D. - Economics
Duke University - 1994
B.S.
Shanghai Jiao Tong University, China - 1984

Publications

Stock Returns and Volatility of Liquidity,” (Joao Pedro Pereira and Harold H. Zhang),  Journal of Financial and Quantitative Analysis, forthcoming. forthcoming - Publication
“Fear of the Unknown: Familiarity and Economic Decisions,” (H. Henry Cao, Bing Han, David Hirshleifer and Harold H. Zhang), Review of Finance, forthcoming. forthcoming - Publication
Capital Gains Taxes and Asset Prices: Capitalization or Lock-in? (Zhonglan Dai, Edward Maydew, Douglas A. Shackelford, and Harold H. Zhang), Journal of Finance, 63, 709-742, 2008. 2008 - Publication
“External Habit and the Cyclicality of Expected Stock Returns,” (Thomas Tallarini, Jr. and Harold H. Zhang), Journal of Business, 78, 1023-1048, 2005. 2005 - Publication
“Model Uncertainty, Limited Market Participation and Asset Prices,” (H. Henry Cao, Tan Wang and Harold H. Zhang),  Review of Financial Studies, 18, 1219-1251, 2005.  2005 - Publication
Maximizing Long-Term Wealth Accumulation: It’s not just about “What” but also about “Where” to Make Them, (Robert Dammon, James Poterba, Chester Spatt, Harold H. Zhang), Research Dialogue 85, 2005. 2005 - Publication
“Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints,” (Rui Yao and Harold H. Zhang), Review of Financial Studies, 18, 197-239, 2005.  2005 - Publication
“Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing,” (Robert M. Dammon, Chester S. Spatt and Harold H. Zhang), Journal of Finance 59, 2004. This paper is nominated for the 2004 Smith Breeden prize.  2004 - Publication
Comment on ‘Household Portfolio Choices in Taxable and Tax-Deferred Accounts: Another Puzzle?’ (Harold H. Zhang), European Finance Review 7, 583-586, 2004. 2004 - Publication
“Capital Gains Taxes and Portfolio Rebalancing,” (Robert M. Dammon, Chester S. Spatt and Harold H. Zhang), Research Dialogue, 75, 2003. 2003 - Publication

Appointments

Professor
University of Texas at Dallas [2005–Present]
Associate Professor
University of North Carolina at Chapel Hill [2000–2005]
Assistant Professor
Carnegie Mellon University [1994–2000]

Additional Information

Grants and Contracts
  • Taxes, Estate Planning and Financial Theory: New Insights and Perspectives, The Institute for Quantitative Research in Finance (Q-Group), 2002,  $12,500  (joint with Robert Dammon and Chester Spatt).
  • Taxes, Estate Planning and Financial Theory: New Insights and Perspectives, Teachers Insurance and Annuity Association-College Retirement Equities Fund, 2002, $30,000 (joint with Robert Dammon and Chester Spatt).
  • Diversification and Capital Gains Taxes with Multiple Risky Assets, Teachers Insurance and Annuity Association-College Retirement Equities Fund, 2001, $30,000 (joint with Robert Dammon and Chester Spatt).
  • Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing, Teachers Insurance and Annuity Association-College Retirement Equities Fund, 2000, $30,000 (joint with Robert Dammon and Chester Spatt).
  • Optimal Portfolio Choice and Consumption with Capital Gains Taxes, Teachers Insurance and Annuity Association-College Retirement Equities Fund, 1999, $29,889 (joint with Robert Dammon and Chester Spatt).
  • Carnegie Mellon Faculty Development Fund, 1998-1999, $5,400.
Awards, Prizes, and Honors
  • Fellow, TIAA-CREF Institute
  • TIAA-CREF Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security for the paper “Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing” published on the Journal of Finance, 2004 (joint with Robert Dammon and Chester Spatt).
  • Barclays Global Investors/Michael Brennan Runner-Up Award for the best paper published in volume 14 of the Review of Financial Studies for “Optimal Consumption and Investment with Capital Gains Taxes,” 2002 (joint with Robert Dammon and Chester Spatt).
  • Undergraduate Economics Teaching Award, Graduate School of Industrial Administration, Carnegie Mellon University, 1998.
  • BP America Research Chair, Graduate School of Industrial Administration, Carnegie Mellon University,  1995-1996.
 
Editorial Roles on Publications
  • Associate Editor   Journal of Business & Economic Statistics, January 2000 to December 2006
  • Associate Editor   Journal of Financial Econometrics, January 2005 to present
  • Referee                American Economic Review
  • Referee                European Finance Review
  • Referee                Journal of Finance
  • Referee                Journal of Econometrics
  • Referee                Journal of Financial and Quantitative Analysis
  • Referee                Journal of Economic Dynamics and Control
  • Referee                Journal of Futures Markets
  • Referee                Management Science
  • Referee                Mathematical Finance
  • Referee                Review of Finance
  • Referee                Review of Financial Studies
  • Referee                Review of Quantitative Finance and Accounting
  • Referee                Southern Economic Journal