Yiming Ma
Assistant Professor of Business
Finance
Ph.D in Finance, Stanford University, 2018; B.A. in Economics; Mathematics and Global Affairs, Yale Univeristy, 2013
Joined CBS in 2018
Office:
767
Kravis
E-mail:
[email protected]
Curriculum Vitae
Biography
Yiming Ma is an assistant professor in the finance division at Columbia Business School. She received her Ph.D. in Finance from the Stanford Graduate School of Business in 2018 and holds a BA from Yale University.
Her research focuses on financial intermediation, financial stability, and monetary policy. She is particularly interested in the evolving landscape of financial intermediation, where non-banks like mutual funds and ETFs are increasingly engaged in liquidity transformation while the traditional banking sector is transforming less liquidity than before. Her recent work examines the implications of this trend on asset prices, financial stability, and monetary policy transmission.
Research
Journal articles
Intermediation in the Interbank Lending Market
In Journal of Financial Economics
(forthcoming)
Coauthor(s): Ben Craig, Yiming Ma
Working papers
Monetary Policy Transmission in Segmented Markets
(2021)
Coauthor(s): Jens Eisenschmidt, Yiming Ma, Anthony Lee Zhang
A Structural Model of Bank Balance Sheet Synergies and the Transmission of Central Bank Policies
(2020)
Coauthor(s): William Diamond, Zhengyang Jiang, Yiming Ma
In The Media
Why Jay Powell's Second Fed Term Could Be Even Tougher Than His First
What the Federal Debt Ceiling Means to Your Wallet
Here Are Your Best Moves While the Fed Keeps Rates Near Zero
To Understand the Fed’s Bond-Buying Dilemma, Picture a Lake
The Fed Won’t Keep Interest Rates near Zero Forever — Here’s What to Do Now