Yiyi Bai, Ph.D.

Yiyi Bai, Ph.D., is an Assistant Professor of Finance at UDC’s School of Business and Public Administration, whose research on empirical banking, climate finance, and household finance has been featured in leading financial journals, shaping insights into global financial markets.

Experience

Education

Doctor of Philosophy in Finance, Tilburg University 

Roles

Assistant Professor of Finance 

Courses Taught

Introduction to Finance 
Financial Institutions and Capital Markets 
International Finance 

Expertise

Research Focus / Works in Progress

Empirical banking; dlimate finance; household finance 

Impact

Selected Publications

Zhang, C., Yu, J., Bai, Y., & Ho, K. (2024). The impact of CEO's green experience on digital transformation. Pacific-Basin Finance Journal, 85. 102397. https://doi.org/10.1016/j.pacfin.2024.102397 

Lei, J., Bai, Y., & Kong, D. (2024). Bank competition and household informal credit. International Review of Financial Analysis, 94, 103259. https://doi.org/10.1016/j.irfa.2024.103259 

Bai, Y., & Okullo, S. J. (2023). Drivers and pass-through of the EU ETS price: Evidence from the power sector. Energy Economics, 123, 106698. https://doi.org/10.1016/j.eneco.2023.106698 

Wang, C., Zhao, S., Zheng, H., & Bai, Y. (2022). Does financial constraint hinder firm growth? Emerging Markets Finance and Trade, 58(15), 4195. https://ideas.repec.org/a/mes/emfitr/v58y2022i15p4195-4206.html 

Bai, Y., Dang, T. V., He, Q., & Lu, L. (2022). Does lending relationship help or alleviate the transmission of liquidity shocks? Evidence from a liquidity crunch in China. Journal of Financial Stability, 58, 100889. https://doi.org/10.1016/j.jfs.2021.100889