
CHI (CLARA) XU
FINANCIAL ECONOMIST
I am a doctoral candidate in Finance at the Wharton School, specialising in macro-finance.
I build data-driven theoretical and quantitative models to analyse cross-sector credit, liquidity and risk flows between banks and nonbanks, quantifying their macroeconomic and financial-stability impacts.
My research informs financial-system design and yields policy-relevant insights into how banking and off-balance-sheet regulations propagate throughout the system.
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
- Nonbank Financial Institutions
- Structure of the Financial System
LINKS: CV Google Scholar SSRN Wharton