Linjia (Alex) Song 宋琳甲

Research areas

  • Empirical Asset Pricing
  • Derivatives
  • Real Estate Finance
  • Supply Chain

Assistant Professor of Finance

School of Management, Xiamen University.

My research interests are in empirical asset pricing, derivatives, real estate finance, and supply chain. Feel free to connect.

Education

2018.09 - 2022.07

The Chinese University of Hong Kong, PhD in Business Administration

2014.09 - 2018.07

Xi'an Jiaotong University, BSc in Economics

Working Papers

  1. Real Activities and Uncertainty: Evidence from Real Estate Market with Jie Cao, Sheridan Titman, and Xintong Zhan
  2. Opioid Crisis Along the Supply Chain with Jie Cao, Xintong Zhan, and Weiming Zhang
  3. Firm and Macro Information in Corporate Bond Risk Premium with Jie Cao, Ruijing Yang, and Xintong Zhan
  4. Media Coverage and Option Returns with Ruijing Yang
  5. Demand Shocks and the Financing of Product Quality: Evidence from Hospitals with Jie Cao, Lei Lei, and Xinong Zhan
  6. The Cost of Care: Paid Family Leave and Bank Loan Pricing with Si Li, Jianglong Liu, and Xintong Zhan
  7. Information Processing Costs and Supply Chain Formation: Evidence from Local IPOs with Jie Cao, Michael Hertzel, Xinqi Yu, and Xintong Zhan

Publications

Option Price Implied Information and REIT Returns

with Jie Cao, Bing Han, and Xintong Zhan. Journal of Empirical Finance, 2023, 71, 13-28.

Smart Beta, "Smarter" Flows

with Jie Cao, Jason Hsu, Zhanbing Xiao, and Xintong Zhan. Journal of Empirical Finance, 2025.

ETF Research Academy Award of the Paris-Dauphine House of Finance

A Conditional Factor Model for REIT Returns

with Jie Cao and Xintong Zhan. Real Estate Economics, 2026.

Presentations

2026

The Chinese University of Hong Kong, AAA GNP Midyear Conference (New Hampshire)*, AREUEA National (Washington D.C)*

2025

Alliance for Research on Corporate Sustainability (Paris), Annual Conference on Asia-Pacific Financial Markets (Seoul), MRS International Risk Conference (Boston, Online), SFS Cavalcade AP (Beijing)*, FMA Annual Meeting (Vancouver)*, FMA Asia-Pacific (Taipei)*

2024

Xiamen University, Chinese Finance Annual Meeting, East China Normal University*, Hong Kong Institute for Monetary and Financial Research*

2023

AsRes-GCREC(Hong Kong), China International Conference in Finance (CICF, Shanghai)*, The Federal Reserve Board*, University of Sussex*, University of Minnesota*, Virtual Derivatives Workshop*

2022

The 4th Derivatives Youth Forum (Suzhou, Online), APAD Annual Conference (Busan, Online), ASSA-AREUEA Annual Meeting (Boston, Online), FMCG

2021

AREUEA-International Annual Meeting (Singapore, Online), APAD Annual Conference (Busan, Online)

* Presented by coauthor.

Research Grants

The National Natural Science Foundation of China (NSFC), Youth Science Fund, Principal Investigator, RMB 300,000

Fundamental Research Funds for the Central Universities, Principal Investigator, RMB 100,000