Academic Profile

Dr. Hong Ru joined Nanyang Business School in NTU as an Assistant Professor of Banking & Finance division in 2015. His research interests include financial intermediary, Chinese economy, corporate finance, and household finance. Dr. Ru's researches have been published at top academic journals including Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Review of Finance, and Management Science. Dr. Ru also presented his researches at many conferences including AFA, EFA, NBER, SFS Cavalcade, and received best paper awards and research excellence award multiple times. His researches have been widely covered by media, such as Wall Street Journal, Washington Post, Strait Times, China Daily, NBER Digest, and ABFER Digest. Dr. Ru is also the research director of the Centre of Excellence International Trading (CEIT) in NTU and was the research director of the Centre for RMB Internalisation Studies (CRIS) in NTU. Dr. Ru received his Ph.D. in finance from the MIT Sloan School of Management in 2015.
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Asst Prof Ru Hong
Assistant Professor, College of Business (Nanyang Business School) - Division of Banking & Finance

Corporate Finance, Household Finance, Chinese Economy

  • Infrastructure, Human Capital, and Productivity: Evidence from Digital Data
  • Haoyu Gao, Hong Ru, and Dragon Yongjun Tang. (2021). Subnational Debt of China: The Politics-Finance Nexus. Journal of Financial Economics, 141.3, 881-895.

  • Hong Ru. (2018). Government Credit, a Double-Edged Sword: Evidence from the China Development Bank. The Journal of Finance, 73.1, 275-316.

  • Hong Ru, Endong Yang, and Kunru Zou. (2021). Combating the COVID-19 Pandemic: The Role of the SARS Imprint. Management Science, 67.9, 5606-5615

  • Haoyu Gao, Hong Ru, and Xiaoguang Yang. (2021). The Informational Role of Ownership Networks in Bank Lending. Journal of Financial and Quantitative Analysis, forthcoming.

  • Hong Ru and Kunru Zou. (2021). How Do Individual Politicians Affect Privatization? Evidence from China. Review of Finance, forthcoming.