Biography
Chong Huang, Ph.D., is Associate Professor in Finance at the Paul Merage School of Business, University of California, Irvine, where he has served since 2012. His research focuses on financial markets, information economics, and strategic interactions in finance, with particular emphasis on coordination games, information asymmetry, and financial intermediation. Huang has published extensively in top-tier journals including the Journal of Finance, Review of Financial Studies, and Journal of Financial Economics.
Huang's work examines how information and strategic behavior shape financial markets and corporate decisions. His research on star-rating effects in mutual funds, published in the Journal of Finance, received the 2020 outstanding research awards of China Information Economics Society. He has also contributed to understanding credit rating inflation, debt structure, and market efficiency through collaborations with scholars across multiple institutions. His work spans theoretical and empirical approaches to questions in asset pricing, financial intermediation, and corporate finance.
Huang received his Ph.D. in Economics from the University of Pennsylvania in 2012, where his dissertation on learning in dynamic games was advised by George Mailath. He serves as Finance area coordinator at the Paul Merage School of Business and has been an active member of the academic community through extensive conference presentations, editorial service for journals including the American Economic Review and Econometrica, and participation in program committees for associations such as the Financial Intermediation Research Society and Western Finance Association.
Return to topEducation
- Ph.D. in Economics, University of Pennsylvania, 2012
- M.Phil. in Economics, Chinese University of Hong Kong, 2006
- B.A. in Finance, Peking University, 2003
Distinctions
- Sidney Weintraub Memorial Fellowship for outstanding research in economic theory, University of Pennsylvania, 2010-2011
- Outstanding research awards, China Information Economics Society, 2020
- Lawrence Robbins Prize for the best first year student, University of Pennsylvania, 2008
- Best Master of Philosophy Thesis Award, Chinese University of Hong Kong, 2006
- Junior faculty research award, Paul Merage School of Business, UC Irvine, 2020
Areas of Expertise
- Financial Economics
- Coordination Games
- Information Asymmetry
- Multiperiod Debt Structure
- Index Investing Ambiguity Aversion
- Open Banking Maturity Transformation
- Alternative Trading System Efficiency
Recent Publications
- Chong Huang, Radhika Lunawat, Qiguang Wang, “Disagreement about Public Information Quality and Informational Price Efficiency” (opens in new tab), Journal of Financial Economics, vol. 152, 2024.
- Chong Huang, Itay Goldstein, Liyan Yang, “Fragility of Financial Markets” (opens in new tab), Annual Review of Financial Economics, vol. 17, pp. 27-48, 2024.
- Chong Huang, David Hirshleifer, Siew Hong Teoh, “Index Investing and Asset Pricing under Information Asymmetry and Ambiguity Aversion” (opens in new tab), Journal of Financial and Quantitative Analysis, 2024.
- Chong Huang, Fei Li, Xi Weng, “Star-rating Effects and the Incentives of Mutual Funds” (opens in new tab), Journal of Finance, vol. 75, no. 3, pp. 1715-1765, 2020.
- Chong Huang, Itay Goldstein, “Credit Rating Inflation and Firm's Investment Behavior” (opens in new tab), Journal of Finance, vol. 75, no. 6, pp. 2929-2972, 2020.
- Chong Huang, Martin Oehmke, Hongda Zhong, “A Theory of Multiperiod Debt Structure” (opens in new tab), Review of Financial Studies, vol. 32, no. 11, pp. 4447-4500, 2019.
- Chong Huang, “Coordination and Social Learning” (opens in new tab), Economic Theory, vol. 65, no. 1, pp. 155-177, 2018.
- Chong Huang, “Defending Against Speculative Attacks: The Policy Maker's Reputation” (opens in new tab), Journal of Economic Theory, vol. 107, pp. 1-34, 2017.
- Chong Huang, Itay Goldstein, “Bayesian Persuasion in Coordination Games” (opens in new tab), American Economic Review, Papers and Proceedings, vol. 106, no. 5, pp. 592-96, 2016.
- Chong Huang, Alex Edmans, Mirko Heinle, “The Real Costs of Financial Efficiency When Some Information is Soft” (opens in new tab), Review of Finance, vol. 20, no. 6, pp. 2151-2182, 2016.
- Chong Huang, Hongbin Li, Pak Wai Liu, Junsen Zhang, “Why Does Spousal Education Matter for Earnings? Assortative Mating and Cross-Productivity” (opens in new tab), Journal of Labor Economics, vol. 27, no. 4, pp. 633-652, 2009.
Contact Information
Website: https://chonghuang.weebly.com
Email: chong.h@uci.edu
Phone: (949) 824-6245
Address: 438 School of Business 2, Irvine, CA 92697-3125
Return to topThis profile was created with the help of AI.
Last updated on 3/11/2026.