Carnegie Mellon University

Liyan Shi

Liyan Shi

Assistant Professor of Economics

  • TEP - Tepper Building - Room 5111
5000 Forbes Avenue
Pittsburgh, PA 15213


  • University of California, Los Angeles - Ph D (Economics) - 2018
  • University of Oxford - MSc (Financial Economics with Distinction) - 2010
  • Peking University - BA (Finance) - 2009


Working Paper

  • The Macro Impact of Noncompete Contracts

    (author(s): Liyan Shi)

  • Repurchase Options in the Market for Lemons

    (author(s): Liyan Shi, Saki Bigio)

  • Optimal COVID-19 Quarantine and Testing Policies

    (author(s): Liyan Shi, Facundo Piguillem)

  • Knowledge Creation and Diffusion with Limited Appropriation

    (author(s): Liyan Shi, Hugo Hopenhayn)

Honors and Awards

  • UCLA Dissertation Year Fellowship (2017)
  • Dissertation Intern Fellowship, Federal Reserve Bank of St. Louis (2015)
  • Derivatives Winner Award, Chartered Institute for Securities & Investment (for best performance in the U.K. Financial Services Authority Derivatives Exam) (2010)
  • Nicholas Davenport Prize for Academic Excellence, University of Oxford (for best performance in the M.Sc. in Financial Economics program) (2010)
  • Dean’s List, Saïd Business School, University of Oxford (2010)