Dr. Zhou received his Ph.D. in Economics (Finance) in 1995 from Princeton University. He previously held a professorship at Guanghua School of Management, Peking University, and worked at the China Securities Regulatory Commission and U.S. Federal Reserve System. Many of his research results have been published in top journals like Journal of Financial Economics, Review of Financial Studies.

"Credit Derivatives in Banking: Useful Tools for Managing Risk?", with Gregory Duffee, University of California at Berkeley, Journal of Monetary Economics, August 2001.

"An Analysis of Default Correlation and Multiple Defaults", Review of Financial Studies, May 2001.

"Time to Build and Investment, Review of Economics and Statistics, 82, 273-282, 2000.

"Informational Asymmetry and Market Imperfections: Another Solution to the Equity Premium Puzzle", Journal of Financial and Quantitative Analysis, 34, pp 445-464, 1999.

• Books and Book Chapters

"Wealth Forever: The Analytics of Stock Markets", World Scientific Publishing Company, 2003, with Sarkis J. Khoury, et al.

"Country Risk: Existing Models and New Horizons", with Sarkis J. Khoury, Victor Murinde & Andy Mullineux, editors,