Yanru Lee

About

Yanru Lee is a research fellow at the Hoover Institution and a consultant at the World Bank. His research is in the field of international corporate finance and financial risk. Previously, Lee was an academic visitor and PhD intern at the National University of Singapore Credit Research Initiative (NUS CRI) and the Bank of England.

Lee’s research studies corporate vulnerability to global factors, systemic risk, and the asset pricing implications of corporate debt distress. His recent work focuses on using unstructured data to assess corporate debt distress risk.

At NUS CRI, he contributed to developing a global database for corporate credit risk assessment, utilizing unstructured data methodologies and defining a comprehensive dictionary of corporate financial distress. The objective was to provide credit risk assessment for public listed firms worldwide as a global public good. At the Bank of England, his work focused on financial and systemic risk arising from non-bank financial intermediaries, studying the impact of financial shocks on the non-bank sectors and their broader economic implications.

Lee received his PhD in economics from the University of North Carolina at Chapel Hill, an MSc in statistics, and a BSocSci in economics from the National University of Singapore.