معرفی
Rui Yao serves as Associate Professor in the Bert W. Wasserman Department of Economics and Finance at Baruch College's Zicklin School of Business, City University of New York. His expertise spans asset allocation, real estate finance, and housing economics, with extensive teaching experience in advanced investment analysis and real estate capital markets since 2002.
Education:
- Ph.D., Finance and Real Estate, University of North Carolina at Chapel Hill (2002)
- B.S., Urban Planning, Peking University (1996)
Research Focus: Dr. Yao's work centers on life-cycle financial decision-making where housing serves as both consumption good and investment asset. His research employs structural econometric models to analyze how housing price volatility impacts consumption patterns, optimal portfolio allocation under borrowing constraints, and commercial mortgage default dynamics. Key themes include collateralized asset allocation, housing wealth effects, and risk management in household finance.
Publication Trends: His scholarly output demonstrates consistent focus on housing-finance intersections, evolving from commercial mortgage risk analysis (early career) to sophisticated life-cycle modeling of housing as collateral (recent work). Publications appear in top finance journals including Review of Financial Studies and Journal of Money, Credit and Banking, reflecting methodological rigor in econometrics and behavioral finance.
Scientific Recognition:
- AREUEA Homer Hoyt Institute Dissertation Award (2003)
- Multiple PSC-CUNY Research Grants (2003-2010)
- Eugene M Lang Junior Faculty Fellowship (2007)
- Baruch College Faculty Recognition Awards (2004, 2006)
- National supercomputing resource allocations (2001-2004)
Academic Leadership: Dr. Yao actively mentors doctoral candidates as committee member for position papers, coordinates departmental brownbag seminars, and serves on graduate curriculum committees. His externally funded research includes PSC-CUNY projects on housing price predictability, mortgage adjustment costs, and tax-deferred investing strategies.
Professional Engagement: He contributes as editorial board member for International Real Estate Review and referee for Real Estate Economics, maintaining active roles in AREUEA and computational economics communities.
