
CHI (CLARA) XU
FINANCIAL ECONOMIST
CHI (CLARA) XU
FINANCIAL ECONOMIST
CHI (CLARA) XU
FINANCIAL ECONOMIST
I am a doctoral candidate in Finance at the Wharton School, specializing in macro-finance.
I build data-driven theoretical and quantitative models to study cross-sector credit, liquidity, and risk flows between banks and non-depository financial institutions.
By quantifying these dynamics, my research sheds light on the design of our financial system. My recent work examines how contractual arrangements in a connected financial system shape financial stability and macroeconomic outcomes. It informs policy on the spillovers of capital and off-balance-sheet regulations across financial sectors.
I am on the 2025-26 job market. Prior to doctoral studies, I earned a Bachelor of Arts in Applied Mathematics with minors in Music and German at UC Berkeley, and a Master of International Affairs in International Finance and Economic Policy at Columbia University.
RESEARCH INTERESTS:- Macro-finance
- Financial Intermediation & Securitization
- Financial Contracts
- Nonbank Financial Institutions
LINKS: CV Google Scholar SSRN Wharton