About Me

I am a PhD candidate in the Joint Program in Financial Economics at the University of Chicago Booth School of Business and Kenneth C. Griffin Department of Economics. As a researcher, I study financial intermediaries and monetary policy.

In my job market paper, Flows and Performance with Optimal Money Management Contracts, I study the contracting problem between money management firms and their portfolio managers. The model explains common compensation practices in the money management industry, as well as the convex flow-performance relationship which has been widely documented in mutual funds. I derive my results in a continuous-time contracting model and I test its statistical predictions in mutual fund data.

References: Lars Peter Hansen, Zhiguo He, Douglas Diamond, Pietro Veronesi