Kewei Hou

Professor of Finance
Ric Dillon Endowed Professor in Investments

Finance

Background

Professor Kewei Hou’s primary research interest is in the area of empirical asset pricing with a specialization in the predictability of asset returns. He has published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Accounting and Economics, Review of Finance, Journal of Financial and Quantitative Analysis, and Management Science.

Professor Hou is an Editor of the Journal of Empirical Finance, Associate Editor of the Journal of Banking and Finance and Asia-Pacific Journal of Financial Studies, Faculty Research Fellow of the Charles A. Dice Center for Research in Financial Economics and the China Academy of Financial Research, and the recipient of research grants from the Institute for Quantitative Research in Finance (Q-Group), INQUIRE-Europe, INQUIRE-UK, BSI GAMMA Foundation, Chicago Quantitative Alliance, and Research Grants Council (RGC) of Hong Kong. Professor Hou joined the Ohio State University Fisher College of Business in 2001. He received his B.S. in Electrical Engineering from the University of Science and Technology of China (USTC) and his Ph.D. in Finance from the University of Chicago Booth School of Business.

Areas of Expertise

Accounting
  • Capital Markets
Corporate Finance
  • Valuation
Finance
  • Asset Pricing
  • Capital Markets
  • Derivatives
  • Financial Markets
  • Investments
  • Theoretical and Empirical Asset Pricing
International
  • International Finance
  • Asian-Pacific
  • China

Education

  • Ph.D., Finance,  University of Chicago, Booth School of Business
  • B.S., Electrical Engineering, University of Science and Technology of China (USTC)

Publications

Courses

  • BUSFIN 7230 - Derivatives Markets

    Advanced investments class studying how to value options and related instruments using binomial pricing models and how to value and implement strategies using futures. Prereq or concur: MBA 6223. Not open to students with credit for 823.

  • BUSFIN 4229 - Options and Futures

    This course explores the valuation of forwards, options, forward-based, and option-based financial instruments. While a student may have studied options and/or forwards in other courses, this course examines in detail the analytical methods used to price these securities, and the analytical analysis of arbitrage, hedging, and speculation using these securities. Prereq: 4211, 4221, and BusMHR 2291 or 2292. Not open to students with credit for or currently enrolled in 4219 or 4239.

  • BUSFIN 8220 - Seminar: Empirical Asset Pricing

    Covers empirical asset methods such as the Fama-McBeth techniques and GMM estimation. Prereq: Permission of instructor. Not open to students with credit for 921.