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Board of Governors of the Federal Reserve System
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Photo of Ashley Wang
  • Ph.D., Finance, University of California - Los Angeles, 2003
  • Current Research Topics

  • Empirical Asset Pricing
  • Hedge Funds and Mutual Funds
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2010 - present
    • Assistant Professor

      Paul Merage School of Business, University of California - Irvine

    • 2003 - 2010
  • Sun, Zheng, Ashley Wang, and Lu Zheng (2012). "Road Less Travelled: Strategy Distinctiveness and Hedge Fund Performance," Review of Financial Studies, no. 25, pp. 96-143.
  • Brennan, Michael J., and Ashley W. Wang (2010). "The Mispricing Return Premium," Review of Financial Studies, vol. 23, no. 9, pp. 3437-3468.
  • Wang, Ashley W., and Gaiyan Zhang (2009). "Institutional Ownership and Credit Spreads: An Information Asymmetry Perspective," Journal of Empirical Finance, vol. 16, no. 4, pp. 597-612.
  • Brennan, Michael J., Ashley W. Wang, and Yihong Xia (2004). "Estimation and Test of a Simple Model of Intertemporal Capital Asset Pricing," Journal of Finance, vol. 59, no. 4, pp. 1743-1775.
  • Longstaff, Francis A., and Ashley W. Wang (2004). "Electricity Forward Prices: A High-Frequency Empirical Analysis," Journal of Finance, vol. 59, no. 4, pp. 1877-1900.


  • 2009

    University of California - Irvine

    Council on Research, Computing & Library Awards

  • 2007

    University of California - Irvine

    Faculty Career Development Award

  • 2008

    Don Beall Center at University of California - Irvine

    Research Grant for Innovations & Entrepreneurship


  • Journal of Finance
  • Journal of Financial Markets
  • Journal of Banking and Finance
  • Energy Journal
  • Journal of Financial and Quantitative Analysis
  • Journal of Empirical Finance
  • International Review of Finance

Professional Affiliation

  • American Finance Association
  • Society of Financial Studies
  • Western Finance Association
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Last update: June 12, 2015