Dr. Yichao Zhu

Biography

Yichao Zhu is a Senior Lecturer in Finance at the Australian National University. His research focuses on asset pricing, particularly the application of short selling in financial markets, fixed income, idiosyncratic volatility, and options pricing within financial institutions. He has conducted significant studies on the price efficiency impacts of short-selling in the U.S. corporate bond market, especially considering the effects of post-crisis regulatory reforms. His work on the 'too-big-to-fail' issue has led to collaborations that quantify the changes in the likelihood of major U.S. bank holding companies being bailed out in case of insolvency. Additionally, he has investigated the co-movement of idiosyncratic stock return volatilities in the market. Yichao's research has been featured in internationally renowned outlets such as Management Science, and he is actively involved in supervising research students in these fields.

Research Interests