Background

Ye Li joined the Department of Finance in 2017 after earning a PhD in Finance from Columbia University. His research interests include banking, capital markets, and monetary economics. Professor Li teaches corporate finance. Prior to PhD study, he worked in the investment banking department of Credit Suisse in Europe and Asia.

Publications

Tokenomics: Dynamic Adoption and Valuation, with Lin Will Cong, Neng Wang, Review of Financial Studies, Volume 34, Issue 3, March 2021 (Editor's Choice)

Network Risk and Key Players: A Structural Analysis of Interbank Liquidity, with Ed Denbee, Christian Julliard, Kathy Yuan, Journal of Financial Economics, Volume 141, Issue 3, September 2021 (Lead Article)

 

Working Papers

Fragile New Economy: Intangible Capital, Corporate Savings Glut, and Financial Instability, Conditional Acceptance at the American Economic Review

Procyclical Finance: The Money View, revise & resubmit at the Journal of Finance

Token-Based Platform Finance, with Lin Will Cong and Neng Wang, forthcoming, Journal of Financial Economics

 

Courses

  • BUSFIN 4211 - Corporate Finance

    Analysis of advanced capital budgeting problems through understanding the theories and applications of capital structure, leasing and real options. Theories and applications in corporate control, corporate governance and mergers and acquisitions. Prereq: 3220 (620), AcctMIS 2200, 2300, BusMgt 2320 (330), 2321 (331), and BusMHR 2291 or 2292 (BusAdm 499.01) Not open to students with credit for 721, 4210 or 4212.