Changyun Zhou

Changyun Zhou

Contact Information

School of Accounting
Southwestern University of Finance and Economics
555 Liutai Avenue, Wenjiang District
Chengdu, P. R. China, 611130
Phone: (86) 028-87092405
Email: zhoucy@swufe.edu.cn
CV

Academic Positions

- Visiting Scholar, Baruch College, CUNY, 2024 to 2025
- Assistant Professor, Southwestern University of Finance and Economics, 2021 to present
- Adjunct Professor, Baruch College, CUNY, 2017-2021

Education

- Baruch College, Ph.D. in Finance, 2015-2021
    Advisors: Lin Peng, Xi Dong
- Southwestern University of Finance and Economics, Financial Engineering, 2011-2015

Working Papers

[1] AI (ChatGPT) Democratization, Return Predictability, and Trading Inequality , with Anne Chang (Baruch College), Xi Dong (Baruch College), and Xiumin Martin (Washington University in St. Louis)

  • Journal of Accounting Research (r&r)
  • Award/Media: CJAR 2025 Summer Workshop Best Paper Award
  • Conferences: JAR Conference 2025, AAA Annual Meeting 2025 (scheduled), CJAR 2025 Summer Research Workshop, NTU Conference on AI for Finance 2025, 2025 Inaugural China Future Scholars in Finance Forum, CUHK(SZ) Forum of Asian Accounting Scholars 2025, CICF 2025, AI in Finance Conference 2025 at University of Maryland, MFA 2025, FARS 2025, 16th Annual Hedge Fund Research Conference 2025, CFEA 2024, 1st Workshop on LLMs and Generative AI for Finance, “AI Era in Finance” Symposium​ 2024
  • Schools: The University of Hong Kong, Renmin University of China, Tsinghua University, Peking University, Australian National University, McGill University, Monash University, Washington University in St. Louis, Baruch College (CUNY), Southwestern University of Finance and Economics

[2] Flows to International Mutual Funds: Old Money vs. New Money , with Azi Ben-Rephael (Rutgers University), Xi Dong (Baruch College), and Massimo Massa (INSEAD)
This paper was previously circulated under the title "Foreign Sentiment."

  • Award/Media: The 2019 PanAgora Asset Management Crowell Prize (First Prize) (PanAgora Asset Management): Pensions & Investments, Yahoo! News, Associated Press, Business Insider
  • Conferences: E(uropean)FA 2021, 3rd Future of Financial Information Conference 2021 (a SFS conference), CICF 2021, MFA 2022, 5th News and Finance Conference at Columbia University 2021, AFA 2020 (Ph.D. Poster Session)
  • Schools: University of Virginia (McIntire and Darden), Baruch College (CUNY), Rutgers University, Southwestern University of Finance and Economics
  • Industry: PanAgora Asset Management

[3] Does the Media Improve or Hurt Market Efficiency? Evidence from Earnings Announcements, Momentum and 130 Other Anomalies, with Xi Dong (Baruch College), and Joel Peress (INSEAD)

  • Schools: Baruch College, City University of New York, Southwestern University of Finance and Economics