Hao Zhou is the Unigroup Chair Professor and Associate Dean at the PBC School of Finance; also directors of Monetary Policy and Financial Stability Research Center & New Structural Financial Economics Research Center, and Vice Chair of National Institute of Financial Research at Tsinghua University. Before 2013, he was a senior economist at the Federal Reserve Board. He received a PhD degree in economics from Duke University in 2000 and BA & MA degrees in economics from Peking University. Hao’s research agenda covers the areas of variance risk premiums on stock, bond, currency, and credit markets, stochastic volatility and asset pricing models, realized jumps on financial market and asset pricing puzzles, systemic risk and macro-prudential regulation of financial institutions, China financial markets and reforms. He has published in Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and other leading academic journals.