Huibing Zhang

Professor - Management
 
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

Upstream Intergenerational Transfers,” (Frank A. Sloan, Harold H. Zhang and Jingshu Wang), Southern Economic Journal, 69, 363-380, 2002. 2002 - Publication
“Optimal Consumption and Investment with Capital Gains Taxes,” (Robert M. Dammon, Chester S. Spatt and Harold H. Zhang), Review of Financial Studies, 14, 583-616, 2001 (lead article). 2001 - Publication
“Explaining Bond Returns in Heterogeneous Agents Models: The Importance of Higher Order Moments,” (Harold H. Zhang),  Journal of Economic Dynamics and Control, 24, 1381-1404, 2000 (lead article).  2000 - Publication
“Fixed Costs and Asset Market Participation,” (Amir Yaron and Harold H. Zhang),  Revista De Analisis Economico, 15, 89-109, 2000. 2000 - Publication
“An Investigation of the Risk and Return Relation at Long Horizons,” (Paul Harrison and Harold H. Zhang), Review of Economics and Statistics, 81, 399-408, 1999. 1999 - Publication
“Overparameterization in Seminonparametric Density Estimation,” (Ming Liu and Harold H. Zhang),  Economics Letters, 60, 11-18. 1998. 1998 - Publication
“Endogenous Borrowing Constraints with Incomplete Markets,” (Harold H. Zhang), Journal of Finance, 52, 2187-2209, 1997. 1997 - Publication
“Endogenous Short Sale Constraint, Stock Prices and Output Cycles,” (Harold H. Zhang), Macroeconomic Dynamics, 1, 228-254, 1997 (inaugural issue). 1997 - Publication
“Volume, Volatility, and Leverage: A Dynamic Analysis,” (George Tauchen, Harold Zhang, and Ming Liu), Journal of Econometrics, 74, 177-208, 1996.  1996 - 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