David Ng



David Ng is a Professor of Finance at Cornell. He served as a Visiting Associate Professor of Finance at the Wharton School of the University of Pennsylvania from 2008 to 2010 and a Research Fellow at Wharton Financial Institutions Center. He conducts research in empirical asset pricing. In particular, he studies fund flows and examines how fund flows affect asset prices domestically and internationally. He also conducts research on implied cost of capital and its applications in finance. He received his Ph.D. with distinction from Columbia University.

Research Focus

Professor Ng has received several awards for his research, including the Best paper award at Conference on Asia-Pacific Financial Markets, BSI Gamma Foundation Grant Award, Second Place Best Paper Award in China International Conference in Finance, PricewaterhouseCoopers Global Competency Centre Grant Award, Moskowitz Prize for Best Quantitative Study of Socially Responsible Investing, and Third Prize in Chicago Quantitative Alliance Academic Competition. He received the SUNY Chancellor’s Award for Excellence in Teaching and an outstanding educator award in influencing a Merrill Presidential Scholar. His research has been published in Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Econometrics, Management Science, Journal of Empirical Finance, Journal of Corporate Finance, and Journal of International Money and Finance. He serves on the editorial board of Review of Financial Economics and China Finance Review International. His work has been presented at American Finance Association, Western Finance Association, Chicago CRSP Forum, Wharton, Chinese International Conference in Finance, European Financial Management Association, Latin American Econometric Society, Barclay's Global Investors, and many other conferences and universities. Professor Ng has held visiting positions at the Hong Kong Monetary Authority, Federal Reserve Bank of Boston, Singapore Management University, International Monetary Fund, Federal Reserve Board, and the World Bank. He is married with a daughter and two sons.