Nengjiu JU Associate Professor Email: nengjiu@ust.hk Ph.D. (Finance) University of California-Berkeley, 1998 Ph.D. (Physics), Michigan State University, 1993 B.S. (Physics), Beijing University, China, 1986 Personal Home Page : http://ihome.ust.hk/~nengjiu/

• Associate Professor of Finance, Hong Kong University of Science and Technology (HKUST), July 2005 - present.
• Assistant Professor of Finance, Smith School of Business, University of Maryland, College Park, 1998 - 2005.

PUBLICATIONS

   Articles

• Gurdip Bakshi, Nengjiu Ju, and Hui Ou-Yang, 2005, “Estimation of Continuous-Time Models with an Application to Equity Volatility Dynamics,” Journal of Financial Economics (forthcoming).
   

• Nengjiu Ju, and Hui Ou-Yang, 2005, "Capital Structure, Debt Maturity, and Stochastic Interest Rates", Journal of Business (forthcoming).
   

• Andrew Chen, Nengjiu Ju, Sumon Mazumdar, and Avinash Verma, 2004, “Correlated Default Risks and Bank Regulations,” Journal of Money, Credit and Banking (forthcoming).
   

• Gurdip Bakshi, and Nengjiu Ju, 2005, “A Refinement to Ait-Sahalia's, 2002 “Maximum Likelihood Estimation of Discretely Sampled Diffusions: A Closed-Form Approximation Approach,” Journal of Business , 78 (5), 2037-2052.
   

• Nengjiu Ju, Robert Parrino, Allen Poteshman, and Michael Weisbach, 2005, “Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure,” Journal of Financial and Quantitative Analysis 40 (vol), 259-281.
   

• Nengjiu Ju, 2002, “Pricing Asian and Basket Options Via Taylor Expansion,” Journal of Computational Finance 5 (3), 79-103.
   

• Robert Goldstein, Nengjiu Ju, and Hayne Leland, 2001, “An EBIT-Based Model of Dynamic Capital Structure,” Journal of Business 74, 483-512.
   

• Nengjiu Ju, and Rui Zhong, 1999, “An Approximate Formula for Pricing American Options,” Journal of Derivatives 7 (2), 31-40.
   

• Nengjiu Ju, 1998, “Pricing an American Option by Approximating Its Early Exercise Boundary as a Multi-Piece Exponential Function,” Review of Financial Studies 11, 627-646.

PROFESSIONAL ASSOCIATION MEMBERSHIPS

• Ad-hoc Referee for a number of research journals: Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Management Science, Mathematical Finance, Journal of Economic Control and Dynamics, Financial Management, Journal of Computational Finance, Review of Derivatives Research, Journal of risk, International Journal of Theoretical and Applied Finance, Journal of Accounting and Public Policy, Journal of Financial Services Research, Journal of Financial Econometrics, Financial Research Letters, Optimal Control Applications and Methods, Journal of Banking and Finance, Journal of Futures Market.