李学楠教授是长江商学院金融学教授、长江商学院产业政策研究部主任。李学楠教授是罗切斯特大学金融学博士、马萨诸塞州大学物理学博士。在2007-2012期间在美国密歇根大学Ross商学院担任金融学助理教授。于2012年加入长江，在长江教授资产证券化和行为金融学等课程。李教授主要从事资产定价，货币政策，及公司治理方向的学术研究，她的论文在顶级杂志Review of Financial Studies, Journal of Financial Economics, Journal of Monetary Economics,和Management Sciences上发表。李教授担任国际权威期刊Journal of Empirical Finance, International Review of Finance和 Quarterly Journal of Economics and Management 的副主编。李教授曾两度获得长江杰出研究奖。

资本结构、资产定价、宏观经济学

Publications in English

• Anomalies, with Dmitry Livdan and Lu Zhang, 2009, Review of Financial Studies, lead article, 22(11), 4301–4334.
• Nominal Rigidities, Asset Returns and Monetary Policy, with Francisco Palomino, 2014, Journal of Mone-tary Economics, 66, 210–225.
• Corporate Governance and Costs of Equity: Theory and Evidence, with Di Li, 2018, Management Science, 64(1), 83–101
• Do Underwriters Compete in IPO pricing? with Evgeny Lyandres and Fangjian Fu, 2018, Management Science, 64(2), 925–954
• Inventory Behavior and Financial Constraints: Theory and Evidence, with Sudipto Dasgupta and Dong Yan, 2019, Review of Financial Studies, 32(3), 1188-1233
• The CAPM Strikes Back? An Equilibrium Model with Disasters, with Hang Bai, Kewei Hou, Howard Kung, Lu Zhang, 2019, Journal of Financial Economics, 131(2), 269-298
• Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model, with Haitao Li, Shujing Wang, and Cindy Yu, 2019, Management Science, 65(8), 3585-3604
• Real and Nominal Equilibrium Yield Curves, Alex Hsu and Francisco Palomino, 2021, Management Science, 67(2), 1138-1158
• Does Fiscal Policy Matter for Stock-Bond Return Correlation?, with Tao Zha, Ji Zhang and Hao Zhou, 2022, Journal of Monetary Economics, 128, 20-34
• The Marginal Value of Cash: Structural Estimates from a Model with Financing and Agency Frictions, with Sudipto Dasgupta and Di Li, 2024, Management Science，71(5):3667-3687
• Fundamental Anomalies, with Guoliang Ma, Shujing Wang, and Cindy Yu, 2025, Management Science, 72(2):1636-1657
• Firm-level Irreversibility, with Hang Bai, Chen Xue, and Lu Zhang, 2025, Critical Finance Review, lead article, 14(4), 447–473

Publication in Chinese

• 刘晓蕾，李学楠，李松楠，冯业倩，党的领导在企业治理中的作用：基于社会责任承担的分析，经济管理学刊，2022，1(1)，81-112
  Party Leadership in Corporate Governance: Perspective of Corporate Social Responsibility, with Xiaolei Liu, Songnan Li, and Yeqian Feng, Quarterly Journal of Economics and Management, 2022，1(1)，81-112 Erica X.N. Li 李学楠 3
• 李力，李学楠（通讯作者），刘晓蕾，货币政策对企业预期的影响 — 基于工业企业微观调查数据的分析，经济研究，2025，60(3), 142-156
  The Impact of Monetary Policy on Firm Expectations: Evidence from Micro Survey Data on Industrial Firms, with Li Li and Xiaolei Liu, Economic Research Journal, 2025，60(3), 142-156
• 张书怀，李学楠（通讯作者），刘潇（通讯作者），郑博文，朱睿（通讯作者），阅读资源供给，家长教师干预与乡村教育发展——基于一项大规模田野实验的证据，经济学（季刊），条件接收
  Reading Resource Provision and Rural Education Development: A Large-Scale Field Experiment, with Shuhuai Zhang, Xiao Liu, Bowen Zheng, and Rui Zhu, forthcoming, China Economic Quarterly

Working Papers

• Nominal Rigidities, Earnings Manipulation, and Securities Regulation, with Pengfei Wang, Jin Xie and Ji Zhang, Reject & Resubmit, Management Science
• Government Investment and Q: Theory and Evidence, with Zhiyao Chen, Ran Duchin, and Daniel Kim
• Measuring Financial Flexibility, with Sudipto Dasgupta and Siyuan Wu
• Asymmetric Investment Rates, with Hang Bai, Chen Xue, and Lu Zhang
• Knowledge Network and Asset Pricing, with Po-Hsuan Hsu, Huijun Wang, and Gang Zhang
• The Impact of Securities Regulation on New Keynesian Firms, with Pengfei Wang, Jin Xie and Ji Zhang
• Efficient Concentration, with Guoliang Ma and Dan Su
• Magic Formula or Futile Effort: Lessons from China’s Two-Tiered Government Guided Funds, with Zhao Jin, Dan Su, and Daniel Xu
• Pricing the Energy Transition in a Production Network, with Yu Li and Shaojun Zhang