Jessie Wang

Assistant Professor
TEMPE Campus


Jessie Jiaxu Wang is an assistant professor of finance at the W. P. Carey School of Business at Arizona State University. She completed her doctorate at Carnegie Mellon University and also holds a bachelor's degree in economics from Tsinghua University in Beijing, China. Professor Wang's research expertise covers banking, networks, labor and finance, and asset pricing. Her research papers have been selected by top conferences and published in leading academic journals such as the Journal of Finance and the Review of Economic Dynamics. She has also received several best paper awards as well as the Alexander Henderson Award for Excellence in Economic Theory.


  • Ph.D. Carnegie Mellon University 2015
  • B.S. Economics, Tsinghua University, China 2009

Research Interests

  • Banking
  • Networks
  • Labor and Finance
  • Asset Pricing


  • “A Labor Capital Asset Pricing Model,” with Lars-Alexander Kuehn and Mikhail Simutin, Forthcoming, Journal of Finance
  • “Taxing Atlas: Executive Compensation, Firm Size and Their Impact on Optimal Top Income Tax Rates,” with Laurence Ales and A. Andrés Bellofatto, Forthcoming, Review of Economic Dynamics

Research Activity

  • "Bank Networks and Systemic Risk: Micro-evidence before and after the National Banking Acts of 1863-1864," with Mark Paddrik and Haelim Park, Revise and Resubmit, American Economic Review
  • “Distress Dispersion and Systemic Risk in Networks"
  • “Asset Pricing and Dynamic Labor Contracts”


Fall 2016
Course NumberCourse Title
FIN 361Advanced Managerial Finance
Spring 2016
Course NumberCourse Title
FIN 361Advanced Managerial Finance


  • Alexander Henderson Award for Excellence in Economic Theory, 2015
  • American Economic Association CSWEP Summer Fellow, 2013
  • Best Paper Award at the ASU Sonoran Winter Finance Conference, 2013
  • WRDS Award for an Outstanding Paper in Asset Pricing Research, 2013
  • William L. Mellon Fellowship, Carnegie Mellon University, 2009-2012

Work History

<p>Arizona State University, 2015-present.</p>