Wei Wu

Assistant Professor of Finance

"An investment in knowledge pays the best interest." - Benjamin Franklin


Wei Wu is an assistant professor of finance at the Atkinson Graduate School of Management at Willamette University. His current research revolves around two streams. The first stream studies how credit risk and financial regulations drive firms’ decision making and market equilibrium outcomes. The second stream focuses on financing and valuation of early-stage companies.

Professor Wu has delivered presentations at major professional conferences and to organizations, including Bank of America. Professor Wu was the recipient of the Fisher-Long-Whitcomb Teaching Excellence Award at Rutgers University in New Jersey in 2006 and the Dean’s Research Award at Atkinson Graduate School of Management, Willamette University from 2012 to 2015. He was semifinalist for Best Paper Award in Financial Institutions & Markets at FMA Annual Meetings in 2015.

Personal Interests
Professor Wu enjoys tennis, basketball, and hiking. He also enjoys working on vehicles.


  • Ph.D., Rutgers University
  • M.B.A., Rutgers University
  • B.A., University of Colorado

Areas of Instruction and Research Interests

Teaching: Credit Risk and Fixed Income, Derivatives and Risk Management, Financial Markets and Institutions

Research: Credit Risk, Asset pricing, Financing and Valuation of Early-Stage Companies

Selected Publications

“The Fair Value Option for Liabilities and Stock Returns During the Financial Crisis” with Robert Couch, Quarterly Review of Economics and Finance, forthcoming.

“The Fair Value Option for Liabilities During the Financial Crisis: An Option for Lemons?” with Nicole Thibodeau and Robert Couch, Journal of Accounting, Auditing & Finance, forthcoming. 

“Interest Tax Shields: A Barrier Options Approach” with Robert Couch and Michael Dothan, Review of Quantitative Finance and Accounting, 39(1): 123-146, 2012.

“Private Investment and Public Equity Returns” with Robert Couch, Journal of Economics and Business, 64(2): 160-184, 2012.  

Working Papers

“Fire Sale Risk and Corporate Yield Spreads” with Vikram Nanda and Xing Zhou.

“Information or Regulation: What Drives Market Reactions to Bond Rating Downgrade?” with Xing Zhou.

 “Testing Lead-Lag Effects under Game-Theoretic Efficient Market Hypotheses with Glenn Shafer.

“Are Fair Value Options Created Equal? SFAS 159 and Bank Earnings Volatility” with Robert Couch and Nicole Thibodeau.

Value of Tax Benefits of a Dynamic Debt Policy with Regime Switching” with Michael Dothan.

“Testing Conflicts of Interest at Bond Rating Agencies” with Xing Zhou.

“CoCo Bonds and its Implications for Bank Regulations” with Michael Imerman.

Selected Presentations

Financial Management Association 2015 Annual Meeting, Orlando, October 2015

Financial Management Association 2013 Annual Meeting, Chicago, October 2013

Midwest Finance Association 2012 Annual Meeting, New Orleans, February 2012

Eastern Finance Association 2012 Annual Meeting, Boston, April 2012

Financial Management Association 2010 Annual Meeting, New York City, October 2010

Midwest Finance Association 2011 Annual Meeting, Chicago, March 2011

Financial Management Association 2007 Annual Meeting, Orlando, Florida, October 2007