TEACHING AND RESEARCH AREAS

Teaching Programme : Fixed income securities; stochastic process

Research Areas : Asset pricing theory; dynamic corporate finance

ACADEMIC EXPERIENCE

Associate Professor (with tenure), Economics and Management School, Wuhan University, 02/2024-present

Associate Professor, Economics and Management School, Wuhan University, 07/2018-01/2024

SELECTED PUBLICATIONS

Journal Papers (International)

ŸZhang, J., & Zou, Z. (2025). Corrigendum: Heterogeneity, impatience, and dynamic private provision of a discrete public good. Journal of Public Economic Theory, 27, e70012.

ŸNiu, Y., & Zou, Z. (2024). Robust dynamic contracts with multiple agents. Games and Economic Behavior, 148, 196-217.

ŸNiu, Y., Yang, J., & Zou, Z. (2024). Disasters learning and aggregate investment. Journal of Economic Theory, 220, 105872.

ŸNiu, Y., Wu, Y., Zhao, S., & Zou, Z. (2024). Consumption dynamics with law of small numbers. Journal of Economic Behavior and Organization, 224, 915-923.

ŸNiu, Y., & Zou, Z. (2024). Robust abatement policy with uncertainty about environmental disasters. Environmental and Resource Economics, 87, 933-965.

ŸZhang, J., Zhou, L., & Zou, Z. (2024). Robust dynamic trading with realization utility. Economics Letters, 244, 111960.

ŸNiu, Y., Zhao, S., & Zou, Z. (2023) Endogenous discounting, investment and asset pricing. International Journal of Finance and Economics, 28, 644-650.

ŸDong, H., Luo, D., Zeng, X., & Zou, Z. (2023). Cross-affiliation collaboration and power laws for research output of institutions: Evidence and theory from top three finance journals. International Studies of Economics, 18, 502-526.

ŸNiu, Y., Yang, J., & Zou, Z. (2021) Investment decisions under incomplete markets in the presence of wealth effects. Journal of Economics, 133, 167-189.

ŸNiu, Y., Wu, Y., & Zou, Z. (2021) Irreversible investment, asset returns, and time-inconsistent preferences. European Journal of Finance, 27, 706-720.

ŸNiu, Y., Yang, J., & Zou, Z. (2020) Robust contracts with one-sided commitment. Journal of Economic Dynamics and Control, 117, 103942.

ŸLi, J., Liu, B., Yang, J., & Zou, Z. (2020) Hedge fund’s dynamic leverage decisions under time-inconsistent preferences. European Journal of Operational Research, 284, 779-791.

ŸLiu, F., Niu, Y., & Zou, Z. (2020) Incomplete markets, Knightian uncertainty and high-water marks. Operations Research Letters, 48, 195-201.

ŸZou, Z. (2020) Optimal dividend-distribution strategy under ambiguity aversion. Operations Research Letters, 48, 435-440.

ŸLiu, B., Niu, Y., Yang, J., & Zou, Z. (2020) Time-varying risk of rare disasters, investment, and asset pricing. Financial Review, 55, 503-524.

ŸHu, F., Zhang, F., & Zou, Z. (2020) R&D investment under time-inconsistent preferences. Economics Letters, 197, 109620.

ŸLi, J., Yang, J., & Zou, Z. (2019) Compensation and risk: A perspective on the Lake Wobegon effect. Journal of Banking and Finance, 108, 105626.

ŸNiu, Y., Yang, J., & Zou, Z. (2019) Dynamic agency and investment theory under model uncertainty. International Review of Finance, 19, 447-458.

ŸNiu, Y., Zhou, L., & Zou, Z. (2019) A model of capacity choice under Knightian uncertainty. Economics Letters, 174, 189-194.

ŸNiu, Y., & Zou, Z. (2019) Corporate investment, Tobin’s q and Liquidity management under time-inconsistent preferences. Annals of Economics and Finance, 20, 721-736.

ŸWu, Y., Yang, J., & Zou, Z. (2018) Ambiguity sharing and the lack of relative performance evaluation. Economic Theory, 66, 141-157.

ŸDu, J., Yang, J., & Zou, Z. (2018) Investment and exit under uncertainty with utility from anticipation. International Review of Finance, 18, 359-377.

ŸWu, Y., Yang, J., & Zou, Z. (2017) Dynamic corporate investment and liquidity management under model uncertainty. Economics Letters, 155, 9-13.             

Journal Papers (Domestic)       

Wu, Y., & Zou, Z. (2025) Optimal Capital Structure under Model Uncertainty. Chinese Journal of Management Science, accepted.

RESEARCH GRANTS

Government-funded grants

Grant No. 72003142, National Natural Science Foundation of China (PI), 2021-2023.