Yiyang Shao | Zhongnan University of Economics and Law

About Me

Hi! 👋 I am Yiyang Shao (邵奕阳). I am currently an undergraduate student majoring in Financial Engineering at the School of Finance, Zhongnan University of Economics and Law, and I expect to receive my bachelor’s degree in June 2026.

This September, I will be heading to Peking University to pursue a Ph.D. at the Institute of Carbon Neutrality, Academy for Advanced Interdisciplinary Studies. My major will be Carbon Neutrality Systems Science and Governance (Applied Economics).

Currently, I am working on several fascinating research projects with Prof.Yonghao Xu. His invaluable mentorship has been instrumental in guiding me onto my academic path.

Education

Peking University 2026.09 - 2031.06 (exp.)
Ph.D. in Economics

Zhongnan University of Economics and Law 2022.09 - 2026.06
B.A. in Finance

Research Interests

Generally, I am interested in the intersection of Corporate Finance, Environmental Economics, and Political Economy, aiming to understand how institutional environments and policy dynamics shape firm behavior.

Political Economy of Corporate Finance (Policy Shocks, Government-Firm Relations, Institutional Interventions)
Corporate Financial Policies (Entrepreneurship, Asset Pricing, IPO)

I am also actively studying Carbon Neutrality System Science and Governance, focusing on how the transition toward carbon neutrality reshapes firms’ policy environments. In the context of the dual-carbon targets, climate policies and environmental regulations introduce new institutional constraints and incentives that influence corporate finance decisions and asset pricing.

If you are interested in utilizing Agent-Based Models (ABMs) to simulate financial markets and developing related computational workflows, please feel free to reach out for discussion or potential collaborations.

News

[Dec. 2025] Our paper about environmental court is accepted to CEAF 2025. [SSRN]

Publications

ICML

Learning Optimal Multimodal Information Bottleneck Representations

Qilong Wu, Yiyang Shao, Jun Wang, Xiaobo Sun

International Conference on Machine Learning (ICML), 2025.

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You can reach me via email: yiyangshao7[at]gamil.com. I welcome any discussions and potential collaborations!