- B.S., Fudan University, Shanghai, China
- M.A., Academia Sinica, Beijing, China
- Ph. D., University of California at Berkeley
- Assistant and Associate Professor, Professor University of North Carolina at Chapel Hill (1989-2003).
- Professor, Chinese University of Hong Kong(1996 - 1997).
- Professor, University of California at Los Angeles (1997 - 2000).
- Professor of Statistics & Chairman, Chinese University of Hong Kong (2000 - 2003).
- Professor, Princeton University (2003 - ).
- Frederick Moore'18 Professor of Finance, Princeton University (2006 -).