Warren B. Bailey

Biography

Warren Bailey's interests include international finance, international securities markets, and investments. He is a professor of finance at the Samuel Curtis Johnson Graduate School of Management and has a special interest in emerging capital markets, particularly in Asia. He has been featured and quoted extensively in the financial and mainstream press, including The New York Times, The Economist, and the Far Eastern Economic Review, and television interviews on CNN-FN and CNBC. He is a co-editor of the Journal of Financial Services Research and an associate editor of the Journal of Financial and Quantitative Analysis and the Pacific-Basin Finance Journal. He received the Class of 1992 Award for Teaching Excellence and the Stephen Russell Distinguished Teaching Award in 1999.

Selected Publications

• Bailey, Warren; Cao, Xiaping; Yang, Zhenyi; Zhou, Sili. "Who leads and who follows? The cross-border peer effect in investment by Chinese and US firms"Journal of International Economics. 147 (2024): 103875
• Bailey, Warren; Muradoglu, Gulnur; Onay, Ceylan; Phylaktis, Kate. "Foreign investors, firm level productivity, and European economic integration"Journal of Corporate Finance. 85 (2024): 102564
• Bailey, Warren; Lai, Huiwen. "On the Expected Earnings Hypothesis Explanation of the Aggregate Returns-Earnings Association Puzzle"Journal of Financial and Quantitative Analysis. 55.8 (2020): 2732-2763
• Bae, Kee-Hong; Bailey, Warren; Kang, Jisok. "Why is Stock Market Concentration Bad for the Economy?"Journal of Financial Economics. 140.2 (2021): 436-459
• Bailey, Warren; Huang, Wei; Yang, Zhishu. "Bank Loans with Chinese Characteristics: Some Evidence on Inside Debt in a State-Controlled Banking System"Journal of Financial and Quantitative Analysis. 46.6 (2011): 1795-1830
• Bailey, Warren; Kumar, Alok; Ng, David. "Behavioral Biases of Mutual Fund Investors"Journal of Financial Economics. 102.1 (2011): 1-27
• Bailey, Warren; Zheng, Lin. "Banks, Bears, and the Financial Crisis"Journal of Financial Services Research. 44.1 (2013): 1-1

Awards and Honors

• Apple Award for Teaching Excellence (1992) Johnson Graduate School of Management
• 1st Sun Yefang Financial Innovation Award (2015) National Institute of Finance, Tsinghua Wudaokou Finance Institute
• Special Term Professor (2018 - 2020) Fanhai International School of Finance and China Institute of Economics and Finance

Recent Courses

• NRE 5270 - Doctoral Seminar - International Finance
• NBA 5540 - International Finance
• NBA 5130 - International Finance Cases
• NCC 5560 - Managerial Finance

Academic Degrees

• PhD University of California, Los Angeles, 1986
• MBA McGill University, 1981
• AB Cornell University, 1979