Xinyu Liu is a Ph.D. candidate in Finance at INSEAD and is on the 2025–2026 job market. His research interests lie in labor, macro-finance, and asset pricing. For more information, please visit his personal webpage or download his CV.
Working Papers
Labor Shortage, Hiring and Stock Returns (Job Market Paper).
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Presented at EUROFIDAI–ESSEC Paris Finance Meeting (2025, scheduled), FMA Doctoral Consortium (2025, scheduled), Economics Letters Summer School in Macro Finance (2025), INSEAD Brownbag (2025), Frankfurt Summer School (2024).
Priceless Consumption (with Frederico Belo and Andres Donangelo).
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Presented at Wharton–INSEAD Doctoral Consortium (2023).
The Rise and Fall of Investment: Rethinking Q Theory in Equilibrium (with Xinwei Li).
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Presented at AFA (2025, Poster Session), Macro Finance Society Workshop (2024, Poster Session), SFS Cavalcade (2024), Paris Dauphine PhD Consortium (2024), Wharton–INSEAD Doctoral Consortium (2023).
Work in Progress
- Fund for Food: The Financial Origin of Food Security
Presented at FMA European Doctoral Student Consortium (2024).
- Transforming Technology and Managerial Perception (with Michael Park)
Education
- Ph.D. in Finance, INSEAD, 2020–2026 (expected)
- M.A. in Social Sciences (Economics), University of Chicago, 2020
- M.A. in Economics & Management in China Studies, Yenching Academy, Peking University, 2019
- B.S. in Physics (Climate Science, Honors), Peking University, 2017
Teaching Experience
- Financial Markets & Valuation, MBA Core — Teaching Assistant and Grader (2021, 2025); Outstanding Tutor Award 2022
- Corporate Finance Policy, MBA Core — Grader (2026, scheduled)
- Econometrics B, PhD Core — Teaching Assistant (2024)
