Education and Working Experiences

2007.09-2011.06: Zhongnan University of Economics and Law, Financial Engineering | Bachelor

2011.09-2013.06: Renmin University of China, Finance (Honors Program) | Master

2014.10-2015.01: University of Maryland, College Park, Finance | Visiting Scholar

2013.09-2016.06: Renmin University of China, Finance | Doctor

2016.07-2017.12: Beijing University of Chemical Technology, School of Economics and Management | Lecturer

2018.01: Beijing University of Chemical Technology, School of Economics and Management | Associate Professor

Publications

[1]  Xu B, Xu Q, Liu X, Qin Q. Investor traps: Funds launched during booms[J]. Finance Research Letters, 2024, 61: 105044. (SSCI)

在市场火热时认购新基金，往往会掉入这个陷阱。

[2]  徐步,郭水蓉,张悦. 中国主动基金能跑赢指数基金吗？——基于因子择时视角的分析[J].中央财经大学学报,2023(12):46-61. (CSSCI)

巴菲特曾经多次力荐指数基金，然而中国市场的情况稍有不同。

[3]  Gu M, Jiang G J, Xu B. The role of analysts: an examination of the idiosyncratic volatility anomaly in the Chinese stock market[J]. Journal of Empirical Finance, 2019, 52: 237-254. (SSCI)

[4]  Gu M, Kang W, Xu B. Limits of arbitrage and idiosyncratic volatility: Evidence from China stock market[J]. Journal of Banking & Finance, 2018, 86: 240-258. (SSCI)

[5]  徐步. 股指期货投机者与股票市场波动率——来自沪深300指数期货的经验证据.经济经纬,2018,35(02):151-157. (CSSCI)

[6]  徐步. 股票市场异象与A股定价效率.华中师范大学学报(人文社会科学版),2018,57(01):65-78. (CSSCI)

[7]  徐步. 定价因子选择对股票市场异象检验的影响.江汉论坛,2017(09):30-36. (CSSCI)

[8]  徐步. 套利局限性与股票市场异象：来自中国市场的经验证据. 武汉大学出版社，2017