Wenxin Du
Sylvan C. Coleman Professor of Financial Management
Sylvan C. Coleman Professor of Financial Management
Wenxin Du is a Professor of Finance and the Sylvan C. Coleman Professor of Financial Management at the Harvard Business School. She studies global currency and fixed income markets, central banking, financial regulations, and emerging market finance. She was the recipient of 2022 Award for Economics in Central Banking, and was named the Alfred P. Sloan Foundation Research Fellow 2021-2023.
Prior to joining Harvard, Du was Henry Kaufman Professor of Financial Institutions at Columbia Business School and a professor of finance at the University of Chicago Booth School of Business. She also held full-time positions as Financial Research Advisor at the Federal Reserve Bank of New York and Principal Economist at the Board of Governors of the Federal Reserve System. She was a central bank research fellow at the Bank for International Settlements in Basel, Switzerland.
She is a research associate at the National Bureau of Economic Research and co-leads the initiative on Market Frictions and Financial Risks, and currently serves on the academic advisory committee for the Bank for International Settlements and Federal Reserve Bank of Dallas. She is also an associate editor at the Journal of Financial Economics, Journal of International Economics, and Review of Financial Studies.
She earned an A.M. and a Ph.D. both in Economics from Harvard University, and a B.A. in Economics and Mathematics from Swarthmore College with Highest Honors.
- Book Chapters
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- Du, Wenxin, and Jesse Schreger. "CIP Deviations, the Dollar, and Frictions in International Capital Markets." Chap. 4 in Handbook of International Economics, Volume 6, edited by Gita Gopinath, Elhanan Helpman, and Kenneth Rogoff, 147–197. Handbooks in Economics. Elsevier BV, 2022. View Details
- Journal Articles
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- Anderson, Alyssa, Wenxin Du, and Bernd Schlusche. "Arbitrage Capital of Global Banks." Journal of Finance (forthcoming). View Details
- Du, Wenxin, Salil Gadgil, Michael Gordy, and Clara Vega. "Counterparty Risk and Counterparty Choice in the Credit Default Swap Market." Management Science 70, no. 6 (June 2024): 3808–3826. View Details
- Du, Wenxin, Benjamin Hebert, and Wenhao Li. "Intermediary Balance Sheets and the Treasury Yield Curve." Art. 103722. Journal of Financial Economics 150, no. 3 (December 2023). View Details
- Du, Wenxin, Benjamin Hebert, and Amy Wang Huber. "Are Intermediary Constraints Priced?" Review of Financial Studies 36, no. 4 (April 2023): 1464–1507. View Details
- Du, Wenxin, and Jesse Schreger. "Sovereign Risk, Currency Risk, and Corporate Balance Sheets." Review of Financial Studies 35, no. 10 (October 2022): 4587–4629. View Details
- Du, Wenxin, Carolin Pflueger, and Jesse Schreger. "Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy." Journal of Finance 75, no. 6 (December 2020): 3097–3138. View Details
- Advjiev, Stefan, Wenxin Du, Catherine Koch, and Hyun Song Shin. "The Dollar, Bank Leverage and Deviations from Covered Interest Parity." American Economic Review: Insights 1, no. 2 (September 2019): 193–208. View Details
- Du, Wenxin, Alexander Tepper, and Adrien Verdelhan. "Deviations from Covered Interest Rate Parity." Journal of Finance 73, no. 3 (June 2018): 915–957. View Details
- Du, Wenxin, Joanne Im, and Jesse Schreger. "U.S. Treasury Premium." Journal of International Economics 112 (May 2018): 167–181. View Details
- Du, Wenxin, and Jesse Schreger. "Local Currency Sovereign Risk." Journal of Finance 71, no. 3 (June 2016): 1027–1070. View Details
- Cases and Teaching Materials
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- Viceira, Luis M., and Wenxin Du. "NBIM and the Norwegian Sovereign Wealth Fund." Harvard Business School Teaching Note 224-061, April 2024. View Details
- Du, Wenxin, and Luis M. Viceira. "NBIM and the Norwegian Sovereign Wealth Fund." Harvard Business School Case 224-038, January 2024. (Revised April 2024.) View Details
- Du, Wenxin, and Luis M. Viceira. "Hedging Currency Risk of Foreign Investments." Harvard Business School Technical Note 224-039, January 2024. View Details
- Additional Information