prof_pic.jpg

Room M715, 7/F

Li Ka Shing Tower

Hung Hom, Kowloon

Hong Kong

Daniel Nathan

Assistant Professor of Finance
The Hong Kong Polytechnic University — School of Accounting and Finance

Research focus: I study the plumbing of financial markets: how institutional constraints, settlement mechanics, and capital flow dynamics generate predictable patterns in asset prices.

daniel.nathan@polyu.edu.hk  |  PolyU Faculty Profile  |  Download CV


I am an Assistant Professor of Finance at The Hong Kong Polytechnic University (PolyU), which I joined in 2025. My research sits at the intersection of empirical asset pricing and international finance, with a focus on how institutional frictions shape return patterns in equity and currency markets.

Previously, I was a Senior Research Economist in the Monetary Department at the Bank of Israel (2007–2025) and a Visiting Scholar at The Wharton School (2022–2024) sponsored by Itay Goldstein. I completed my PhD in Finance at Tel-Aviv University in 2022. I am affiliated with the Bank of Israel where I am a Research Fellow and I am a member of the Macro Finance Society.

My work has appeared in leading journals, including Management Science, Journal of International Economics, and Review of Asset Pricing Studies.


News

Aug 25, 2026 A new version of our paper “China Walls”, with Tomy Lee and Chaojun Wang, is now available.
Aug 23, 2026 The replication package for “Anomalies on a Schedule: Month-End Liquidity Demand and the Factor Zoo” is now available on GitHub.
Aug 23, 2026 New working paper: “Anticipated Orders and the Measurement of Stock Demand Elasticity: Evidence from Scheduled Index Rebalances” is now available.
Jul 14, 2026 Matti Suominen will present our paper “The Intramonth Momentum Cycle”, with Joni Tasa, at the Aarhus Finance Forum, August 2-4, 2026.
Jul 13, 2026 Alpha Architect covered our paper “The Intramonth Momentum Cycle”, with Matti Suominen and Joni Tasa, in a research insight by Elisabetta Basilico.