RW · ACADEMIC PROFILE Financial risk · Digital assets · Climate finance
Ruting Wang 王茹婷
R / 01

Research programme

Research

A programme at the intersection of financial risk, digital markets, climate finance and data-driven methods.

Themes

Research areas

  • Systemic risk & financial networks

    Measuring tail-event dependence, risk transmission and market interconnectedness across financial institutions and asset classes.

    • Financial Risk Meter
    • Network dynamics
    • Tail risk
    • Asset pricing

  • Digital assets & market innovation

    Studying cryptocurrency risk, Ethereum development milestones, protocol transitions and the market consequences of technological change.

    • Cryptocurrencies
    • Ethereum
    • Fintech
    • Market response

  • Climate & carbon finance

    Developing market-based measures of carbon and stranded-asset risk, and tracing how climate policy and disclosure affect financial markets.

    • Carbon risk
    • ESG
    • Climate policy
    • Stranded assets

  • Corporate finance & capital allocation

    Examining bank deregulation, government and corporate debt, implicit guarantees and institutional reform as drivers of resource allocation.

    • Corporate debt
    • Bank competition
    • Capital allocation
    • Institutional reform

  • Machine learning for causal inference

    Applying quantile methods, regularisation and double machine learning to financial risk measurement and policy-relevant causal questions.

    • Quantile LASSO
    • Double machine learning
    • Causal inference
    • Forecasting

Research network

International networks

Laboratory of Energy Economics and Environmental Management

Member since December 2024. E3M is committed to exploring the dynamic interplay among economic systems, energy transitions, and environmental sustainability.

View E3M website

Institute for Digital Assets

Member since December 2023. Global research and educational institution dedicated to advancing the understanding, adoption, and integration of digital assets into the economy and society.

View IDA profile

Funded research

Projects as principal investigator

Three competitively funded projects listed in the July 2026 CV.

2024–2026Principal investigator

National Natural Science Foundation of China · 72302237

How Does Rigid Payment Expectation Influence the Allocation of Financial Resources through the Bond Market’s Price Efficiency Channel?

2023–2025Principal investigator

China Postdoctoral Science Foundation · 2023M743984

Analysis of the Impact and Mechanism of Bond Market Default Risk on Financial Resource Allocation Efficiency from the Perspective of Guarantee Network

2024–2026Principal investigator

Guangdong Provincial Natural Science Foundation · 2024A1515010314

The Impact of Implicit Guarantee Expectations on the Allocation of Financial Resources and Its Mechanism: A Study from the Dual Perspectives of Bond Market Pricing Efficiency and Financial Risk

Current pipeline

Research in progress

Titles and review status are reported as they appear in the CV; journal names indicate the current review destination, not publication.

Revise and resubmit

Forced to resist? Firms’ AI exposure and the rise of labor disputes

Li, S., Liu, X., Song, Z., & Wang, R.

Humanities and Social Sciences Communications

Under review

Pricing kernel (non)monotonicity and conditional information

Zhou, L., Wang, R., Härdle, W. K., Zuo, X., & Schach, L.

International Review of Financial Analysis

Under review

Anti-corruption reform, resource reallocation, and transitional cost: Evidence from China’s healthcare sector

Wang, R., Li, Q., & Zhang, L.

Journal of Law and Economics

Under review

Transmitted institutional threat: Socially salient ties and strategic retrenchment in China’s medical sector

Li, Q., Wang, R., & Zhang, L.

Journal of Business Research

Under review

Global climate policy trajectories reveal persistent implementation and governance asymmetries

Xu, Y., Wang, R., Hao, X., Zhang, L., & Ho, A. T.

One Earth

Under review

Measuring the power consumption after “the Merge”

Woitschig, P., Wang, R., & Härdle, W. K.

Applied Energy

In progress

Market-implied stranded-asset risk propagates through the financial market

Wang, R., Zhang, L., Wang, Z., & Zhou, W.

Work in progress

Working paper

Evaluating the effectiveness of the structural data disclosure model developed by HKQAA and its potential applications

Chen, F., Chen, Y., Lin, A., Wang, R., Chopra, S. S., & Zhang, L.

Working paper

Presentations

Talks archive

2026-08-06

Market-implied stranded-asset risk propagates through the financial market

Finance research seminar · Fachhochschule Graubünden, Chur, Switzerland · Room B2.33

Public talk · 13:00 CEST · English

The talk examines how market-implied stranded-asset risk is priced, amplified and transmitted through financial markets, using stranded-loss estimates for Chinese energy listed firms and stock-market data.

Host: Prof. Dr. Jörg OsterriederFree, no registrationJoin online