XIN (KELLY) LIU 刘 欣 Research School of Finance, Actuarial Studies and Statistics College of Business and Economics Australian National University Canberra, Australia, ACT 0200 Email: [email protected] Phone: (+61) 2-6125-7370(O)

CURRENT APPOINTMENT Australian National University, College of Business and Economics Senior Lecturer (Assistant Professor) in Finance, Jan 2018 - present Lecturer (Assistant Professor) in Finance, Jul. 2014 – Dec. 2017

EDUCATION Ph.D., Finance, National University of Singapore Thesis Committee: Yongheng Deng (Chair), Shang-Jin Wei, Anand Srinivasan, Sumit Agarwal M.S., Applied Economics and Physics, University of Minnesota, Twin Cities B.S., Physics, University of Science and Technology of China (USTC)

PAST EXPERIENCE Columbia University, the Jerome A. Chazen Institute of International Business and Department of Finance, Visiting Scholar, 2013-2014 Pavilion Capital, Temasek Holdings, Investment Professional, 2012-2013 Chinese University of Hong Kong, CUHK Business School, Visiting Scholar, December 2011 Kenan Institute of Private Enterprise, Summer Research Associate Intern, summer 2008

RESEARCH INTERESTS Banking, Information Economics, Corporate Finance and Chinese Economy

PUBLICATIONS [1] “One Fundamental and Two Taxes: When Does a Tobin Tax Reduce Financial Price Volatility?”, (with Yongheng Deng and Shang-Jin Wei), Journal of Financial Economics, 2018, 130:663-692  NBER working paper No. 19974  Best Paper Awards in China International Conference in Finance, 2014  Best Policy Paper in FIRN Annual Conference, 2014 Page 1 of 4

WORKING PAPERS [1] “Unintended Consequences of Government Bailouts: Evidence from Bank-dependent Borrowers of Large Banks”, (with Yupeng Lin and Anand Srinivasan), under review

[2] “Securitization and Corporate Reporting: Evidence from CLOs”, (with Xiaoli Hu and Yupeng Lin), R&R

[3] “Does Securitization Impair Bank Lending Relationship”, (with Yupeng Lin and Yihui Wang)

[4] “How Do Banks Create Business: Evidence from Connected LBOs”, (with Yizhi Wang)

WORK-IN-PROGRESS [1] “Policy and Disclosure” [2] “Policy and Stock Market”

SEMINAR AND CONFERENCE PRESENTATIONS (*indicates coauthor, ^indicates discussant) 2018 Nankai University; CICF^; ANU Summer Camp; The 4th Banking and Financial Stability Meeting

2017 Fordham University*; Baruch CUNY*; 2nd SSFII Social and Sustainable Finance and Impact Investing Conference; The 3rd Banking and Financial Stability Meeting^; University of Melbourne; Australian National University; UNSW; Melbourne Business School; 30th PhD Conference in Economics and Business^; Indian School of Business*; Australasian Finance and Banking Conference; 2017 Auckland Finance Meeting

2016 Fordham University*; Federal Reserve Bank of Philadelphia*; Australian National University, Federal Reserve Bank of Dallas*

2015 FRIN Annual Conference; China International Conference in Finance (CICF)*; City University of Hong Kong*; Nanyang Technological University*; The 1st Banking and Financial Stability Meeting^

2014 China International Conference in Finance (CICF)*; ABFER Annual Conference*; PKU-RFS Symposium*; The World Bank*; Australian Banking and Finance Conference; University of Hong Kong*; Federal Reserve Bank of San Francisco*; UCLA*; Fudan University*; Australian National University; FRIN Annual Conference; ANU Summer Camp; CF-40 Finance Seminar*

Earlier

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National University of Singapore; Asian Meeting of the Econometric Society (AMES2013); Columbia University*; The Argentum Centre for Private Equity Symposium*; SMU Finance Summer Camp*, FMA Annual Meeting^

AWARDS AND GRANTS Australian National University CRC Grant, 2018 (AUD 13,006) Australian National University Research School Grant, 2016-2017 (AUD 5,596) Australian National University Emerging Researcher Grant, 2015-2016 (AUD 15,000) Australian National University Research Startup Grant, 2014 CUHK Research Excellence CNOOC Grants (HKD 15,000) National University of Singapore Travel Grant National University of Singapore Research Scholarship University of North Carolina Fellowship University of Minnesota Fellowship Outstanding Student Scholarship, USTC

PROFESSIONAL MEMBERSHIP American Finance Association (AFA), European Finance Association (EFA), American Economic Association (AEA), Financial Research Network (FIRN)

REFEREE American Economic Review; International Economic Review; Journal of Development Economics, Corporate Governance: An International Review, Asian-Pacific Journal of Financial Studies

TEACHING EXPERIENCE Applied corporate finance (Master), Lecturer, ANU, 2014s2-2016s1, 2017s2-2018s2 Applied project in finance (Master), Lecturer, ANU, 2018s1 Finance (Undergraduate), Tutor, NUS, spring 2013 Investment (Undergraduate), Teaching Assistant, UNC, fall 2008 Computer literacy and application (Undergraduate), Instructor, UMN, 2006-2007 Physics (Undergraduate), Chief Teaching Assistant, UMN, 2004-2006

SERVICES Finance PhD HDR Committee, RSFAS, ANU, 2017- present; Finance Seminar Convener, RSFAS, ANU, 2018

STUDENT SUPERVISION PhD Students:

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Ang Li (Committee, ANU), Hongwei Shao (Exchange student, Xiamen University), Yufei Li (Committee, ANU), Shuang Chen (Chair, ANU)

Master Students: Chang Zhang (ANU), Chenxiang Yao (summer research scholarship, ANU), Jingxuan Che (summer research scholarship, ANU), Erhan Zhao (ANU), Ke Zhang (ANU), Yaodong Zhang (ANU), Yizhu Lu (ANU)

Honors Students: Xi Lin (ANU, Actuarial Studies), Yahui Chen (ANU, Finance)

PERSONAL Status: Chinese Citizen, and Australian Permanent Resident Language Skills: Native in Chinese, Fluent in English Interests: Movie, Chinese Calligraphy, and Folk Rock

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