Contact: panwf5@mail.sysu.edu.cn

Research Areas: Corporate finance, uncertainty measurement, political economy, labor economics

Profile

Assistant Professor at Business School,  Sun Yat-sen University
PhD in Economics, University of Reading

In my academic journey, I have opted for a less conventional approach to research, diverging from the "recommended efficient" path of producing numerous papers within a narrow domain. Instead, I have embraced a pursuit of knowledge driven by my varied interests, resulting in a diverse portfolio of scholarly contributions spanning corporate finance, political economy, uncertainty and risk, family economics, and labour economics.

Publications

1. Pan, W. F., Wang, X., Xiao, Y., Xu, W., & Zhang, J. (2024). The effect of economic and political uncertainty on sovereign CDS spreads. International Review of Economics & Finance, 89, 143-155.

2. Guan, Y., Pan, W. F., & Tang, S. (2024). Female Political Leaders and R&D Investment. Research in International Business and Finance, 102396.

3. Pan, W. F. (2023). Household debt in the times of populism. Journal of Economic Behavior & Organization, 205, 202-215.

4. Pan, W. F. (2023). Does a firm’s lobbying activity respond to its peers’ lobbying activity?. Public Choice, 194(3), 297-324.

5. Apergis, N., Pan, W. F., Reade, J., & Wang, S. (2023). Modelling Australian electricity prices using indicator saturation. Energy Economics, 120, 106616.

6. Pan, W. F. (2023). The effect of populism on high-skilled migration: Evidence from inventors. European Journal of Political Economy, 79, 102447.

7. Pan, W. F., Reade, J., & Wang, S. (2022). Measuring US regional economic uncertainty. Journal of Regional Science, 62(4), 1149-1178.

8. Pan, W. F., Wang, X., & Wang, S. (2021). Measuring economic uncertainty in China. Emerging Markets Finance and Trade, 1-31.

9. Pan, W. F., Wang, X., Wu, G., & Xu, W. (2021). The COVID-19 pandemic and sovereign credit risk. China Finance Review International, 11(3), 287-301.

10. Pan, W. F. (2020). How does the macroeconomy respond to stock market fluctuations? The role of sentiment. Macroeconomic Dynamics, 24(2), 421-446.

11. Pan, W. F. (2020). Does investor sentiment drive stock market bubbles? Beware of excessive optimism!. Journal of Behavioral Finance, 21(1), 27-41.

12. Pan, W. F. (2019). Building sectoral job search indices for the United States. Economics Letters, 180, 89-93.

13. Pan, W. F. (2019). Detecting bubbles in China’s regional housing markets. Empirical Economics, 56(4), 1413-1432.

14. Pan, W. F., Wang, X., & Yang, S. (2019). Debt maturity, leverage, and political uncertainty. The North American Journal of Economics and Finance, 50, 100981.

15. Pan, W. F. (2018). Does the stock market really cause unemployment? A cross-country analysis. The North American Journal of Economics and Finance, 44, 34-43.

16. Pan, W. F. (2018). Sentiment and asset price bubble in the precious metals markets. Finance Research Letters, 26, 106-111.

Teaching

Business School, Sun Yat-sen University

Investments, (MSc in Finance, 2022-present)
Investments (Undergraduate, 2024 Spring)
Public Economics (Undergraduate, 2023 Fall-present)
Introductory programming (Undergraduate, 2023 Spring)
Financial Management (Undergraduate, 2022 Spring)

Professional Services

Director of the Guangdong Economic Association (2023-2028)

Young Editorial Board Member of China Finance Review International (2022-2024)

Refereeing service: Journal of Money, Credit and Banking; Economics Letters; Journal of Financial Stability; Public Choice; European Journal of Political Economy; Journal of Behavioral Finance; International Journal of Finance and Economics; Journal of Macroeconomics; North American Journal of Economics and Finance; Review of Quantitative Finance and Accounting; China Finance Review International; Emerging Markets Finance and Trade; Economic Modelling; Journal of Behavioral Finance; Empirical Economics; Abacus; Quarterly Review of Economics and Finance; Housing Studies

Other Work Experience 

Research Associate, First Capital Securities Co., China (2016-2018)

Research Analyst, PingAn Securities Co. Ltd., China (2015-2016)