Chen Gu, Ph.D. 2018
"The best decision I have ever made in my life so far is to accept Finance Ph.D. program offer from WVU. The program gives students much flexibility in choosing their supervisors and research fields. All faculties in the department are very nice and are always willing to give their best academic suggestions as well as life tips to students. I have learnt from them how to be a good researcher; how to be a good teacher; how to be a good person. More importantly, after five-years of study, I built very close and strong relations with some professors, and I believe they will be my life-time friends and research partners."
Tips for Future WVU Finance Ph.D. Students
- Do not hesitate to ask questions to the senior students and other faculties.
- Find research fields you are indeed interested in, and always be curious about the frontier academic works within your scope.
- Target top publications, but also learn to be productive.
- Balance your academic time and leisure time.
Areas of Interest
Research: Macroeconomic Announcements, Investor Sentiment, Market Efficiency, Monetary Policy
Teaching: Investments, Corporate Finance, Portfolio Theory, International Finance
Work Experience
Shanghai Business School, Research Center of Finance
- Associate Professor of Finance 2021-Present
- Assistant Professor of Finance 2018-2021
Education
West Virginia University, Morgantown, WV 2013-2018
- Ph.D. in Finance
- Dissertation: Three Essays on Public Information and Security Prices
(proposal defended)
Clark University, Worcester, MA 2011-2013
- M.S. in Finance
Northeastern University, Shenyang, China 2007-2011
- B.S. in Finance
Professional Certification
- Chartered Finance Analyst 2018-Present
Publication
“Treasury Return Predictability and Investor Sentiment” (with Xu Guo and Jing Lu), Journal of Financial Research, forthcoming.
“It’s not just What You Say, But How You Say It: Why Tonality Matters in Central Bank Communication” (with Aizhong Shen, Raluca Stan, and Denghui Chen), Journal of Empirical Finance, 68 (2022), 216-231.
“Resolution of Financial Market Uncertainty around the Release of Unemployment Rate Announcements” (with Denghui Chen and Raluca Stan), International Review of Economics and Finance, 80 (2022), 586-596.
“Analyst Target Price Revisions and Intuitional Herding” (with Xu Guo and Chenping Zhang), International Review of Financial Analysis, 82 (2022), 102189.
“The Information Content of the Volatility Index Options Trading Volume” (with Xu Guo, Raluca Stan, and Alexander Kurov), Journal of Futures Markets, 42 (2022), 1721-1737.
“Institutional Investor Sentiment and Aggregate Stock Returns” (with Xiang Gao, Kees Koedijk), European Financial Management, (2021), 899-924.
“Investor Sentiment and the Market Reaction to Macroeconomic News” (with Denghui Chen, and Raluca Stan), Journal of Futures Markets, 41 (2021), 1412-1426.
“Expectations and Financial Markets: Lessons from Brexit” (with Ann Marie Hibbert), Financial Review, (2021), 279-299.
“Informational Role of Social Media: Evidence from Twitter Sentiment” (with Alexander Kurov), Journal of Banking and Finance, 121 (2020), 105969.
“Relief Rallies after FOMC Announcements as a Resolution of Uncertainty” (with Alexander Kurov and Marketa Halova Wolfe), Journal of Empirical Finance, 49 (2018), 1-18.
“What Drives Informed Trading Before Public Releases? Evidence from Natural Gas Inventory Announcements” (with Alexander Kurov), Journal of Futures Markets, 38 (2018), 1079-1096.
“Monetary Policy and Stock Prices: Does the “Fed Put” Work When It Is Most Needed?” (with Alexander Kurov), Journal of Futures Markets, 36 (2016), 1210-1230.
Working Paper
“The Role of Credit Rating in Institutional Herding” (with Xu Guo, Liting Chiu)
“Does Investor Attention Foretell Stock Trading Activities? Evidence from Twitter Attention” (with Jing Lu, Denghui Chen, Raluca Stan).
“Credit Rating and Intuitional Herding”(with Xu Guo, Ann Marie Hibbert)
Professional Activities
Ad Hoc Referee:
- Journal of Commodity Markets
- Journal of Financial Stability
- Journal of International Money and Finance