University of Southern California

Wayne Chang
Ph.D. student in Finance and Business Economics

USC Marshall School of Business
Los Angeles, CA 90089-0804

MBA, Harvard Business School; BA, Yale University


Wayne Chang is a student of finance whose research interests include asset pricing, investment strategies, and behavioral biases. Prior to his Ph.D. studies, he worked as a strategy consultant in the financial services industry and was engaged in a variety of risk-related projects for major commercial banks and other financial institutions.


Ferson, W. E., and Chang, W. (2015) "Are Lagged predictors Valid State Variables?,".