Rui Liu, Ph.D.
Rui Liu , Ph.D.
Assistant Professor of Finance
Palumbo Donahue School of Business
Contact Information
811 Rockwell Hall
Pittsburgh, PA, 15282
Phone: 412.396.1775 Fax: 412.396.4764

Dr. Liu's research interests are in empirical asset pricing and macro-finance with emphasis on fixed income markets. Her research studies the dynamics of the Treasury yield curve, including Treasury risk premia and interest rate volatility. Her research also addresses the effects of monetary policy on financial markets, the term structure of commodity futures, and financial econometrics. She has presented her research at a prestigious conference at the San Francisco Federal Reserve.

Her teaching interests are primarily in investments, portfolio management, fixed income, derivatives, and financial management. She is currently teaching Business Finance and Derivatives to undergraduate students.

She received her Ph.D. in Finance from University of Houston in 2017. She earned M.Sc. in Finance and M.B.A. from Auburn University. She also holds B.A. in Management from Dongbei University of Finance and Economics in China.

Articles in Journals:

Doshi, H., Jacobs, K., & Liu, R., 2018. Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. Journal of Empirical Finance, 48, 99-122.

Liu, R., 2018 in press. Forecasting Bond Risk Premia with Unspanned Macroeconomic Information. Quarterly Journal of Finance.

Conference Presentations:

Liu, R. (2018). Forecasting Bond Risk Premia with Unspanned Macroeconomic Information. Midwest Finance Association Annual Conference, San Antonio, TX.

Doshi, H., Jacobs, K., & Liu, R. (2017). Information in the Term Structure: A Forecasting Perspective. Financial Management Association Annual Conference, Boston, MA.

Doshi, H., Jacobs, K., & Liu, R. (2017). Information in the Term Structure: A Forecasting Perspective. 6th Fixed Income and Financial Institutions Conference, Columbia, SC.

Liu, R. (2017). Forecasting Bond Risk Premia with Unspanned Macroeconomic Information. Southwestern Finance Association Annual Conference, Little Rock, AR.

Doshi, H., Jacobs, K., & Liu, R. (2017). Information in the Term Structure: A Forecasting Perspective. Financial Management Association Latin American Conference, Mexico City, Mexico.

Liu, R. (2016). Forecasting Bond Risk Premia with Unspanned Macroeconomic Information. Financial Management Association Annual Conference, Las Vegas, NV.

Doshi, H., Jacobs, K., & Liu, R. (2016). Information in the Term Structure: A Forecasting Perspective. Northern Finance Association Annual Conference, Québec, Canada.

Doshi, H., Jacobs, K., & Liu, R. (2016). Information in the Term Structure: A Forecasting Perspective. China International Conference in Finance, Xiamen, China.

Doshi, H., Jacobs, K., & Liu, R. (2016). Information in the Term Structure: A Forecasting Perspective. Midwest Finance Association Annual Conference, Atlanta, GA.

Doshi, H., Jacobs, K., & Liu, R. (2015). Information in the Term Structure: A Forecasting Perspective. San Francisco Fed-Bank of Canada Conference on Fixed Income Markets, San Francisco, CA

Doshi, H., Jacobs, K., & Liu, R. (2015). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. Financial Management Association Annual Conference, Orlando, FL.

Doshi, H., Jacobs, K., & Liu, R. (2015). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. Asian Finance Association Annual Conference, Changsha, China.

Doshi, H., Jacobs, K., & Liu, R. (2015). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. 7th International IFABS Conference, Hangzhou, China.

Doshi, H., Jacobs, K., & Liu, R. (2015). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. Midwest Finance Association Annual Conference, Chicago, IL.

Doshi, H., Jacobs, K., & Liu, R. (2014). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. Inquire Europe Conference on "Macro Economic Factors & Finance", Stockholm, Sweden.

Doshi, H., Jacobs, K., & Liu, R. (2014). Macroeconomic Determinants of the Term Structure: Long-Run and Short-Run Dynamics. 3rd Annual Fixed Income Conference, Charleston, SC.