Profile

Liying Wang

Associate Professor of Finance

Finance

HLH 425 U
P.O. Box 880490
Lincoln, NE 68588-0490
liying.wang@unl.edu

Education

Ph.D. University of South Carolina

Areas of Expertise

Fixed income securities
Corporate bonds
Primary markets

Research Interests

Fixed Income
Corporate Finance

Vita

Dr. Liying Wang earned her Ph.D. in finance from the University of South Carolina. Her research interests include fixed-income securities and corporate finance. Her work has been published in the Journal of Financial Economics, Journal of Financial Intermediation, Journal of Banking and Finance, and Journal of Fixed Income, among others.

Publications

Firms' response to credit supply: Evidence from upsized corporate bond offerings (with E. Hotchkiss, H. Sun, and Y. Zhao), accepted by Management Science

When Shareholders Cross-Hold Lenders’ Equity: The Effects on Loan Terms (with J. Wang), Journal of Banking and Finance,163 (2024): 107189

Lifting the Veil: Price Formation of Corporate Bond Offerings (solo-authored), Journal of Financial Economics, 142, no. 3 (2021): 1340-1358.

Liquidity and price pressure in the corporate bond market: Evidence from mega-bonds (with J. Helwege), Journal of Financial Intermediation, 48 (2021): 100922.

Institutional allocations in the primary market for corporate bonds (with S. Nikolova and J. Wu), Journal of Financial Economics, 137, no. 2 (2020): 470-490.

Capital structure along the supply chain: How do customers affect corporate leverage decisions (with Y. Chu), Quarterly Journal of Finance, 7, no. 04 (2017): 1750014.

Margin-based asset pricing and the determinants of the CDS basis (solo-authored), Journal of Fixed Income, 24, no. 2 (2014): 61-78.

Working papers

Deciphering greenium: the role of investor demand (with J. Wu), R&R at Management Science

Corporate bond flipping (with S. Nikolova), R&R at Journal of Financial Economics