Wenlan (Tony) Xie · Economics at UChicago

Finding signal in the noise.

Exploring how language, data, and human decisions shape financial markets.

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Curiosity, with a method.

I study the stories hidden in economic data — especially the words that move firms and markets.

Wenlan (Tony) Xie at the University of Sydney
Sydney, Australia

The researcher

Wenlan (Tony) Xie

I am an Economics student at the University of Chicago. My work uses natural language processing and large language models to study information disclosure, corporate decisions, and investor attention.

Previously, I earned a Master of Commerce in Data Analytics from the University of Sydney with Distinction and a Bachelor's degree from the University of Canterbury.

  • CurrentThe University of ChicagoEconomics
  • M.ComUniversity of SydneyData Analytics · with Distinction
  • B.A.University of Canterbury

02 / Research

Ideas become evidence.

I connect unstructured data with economic theory, combining computational methods and causal inference to study how information shapes behavior.

01 / Language

Read what numbers miss.

I build datasets from text and use NLP and large language models to measure sentiment, disclosure, and investor attention.

02 / Method

Ask sharper questions.

Econometric identification, panel models, and simulation help separate interesting patterns from credible evidence.

03 / Markets

Understand the decisions.

My current interests span corporate disclosure, financial returns, environmental policy, and the behavior of firms and investors.

Selected work.

Peer-reviewed articles across financial economics, environmental policy, and text analysis.

  1. Integrating Monetary and Environmental Goals: Exploring the Impact of Green Monetary Policy on Corporate Environmental Disclosure

    Tian, H., Xie, W. (corresponding), & Zhang, Y.

    Accounting Forum, forthcoming

    2026
  2. Reading Between the Reels: AI-Powered Analysis on Movie Review Sentiment as a Predictor of Market Returns

    Tian, H., Xie, W. (corresponding), & Zhang, Y.

    International Journal of Finance and Economics, 0:1–33

    2026
  3. Green Effect of Energy Transition Policy: A Quasi-natural Experiment Based on New Energy Demonstration Cities

    Yu, Z., Xie, W. (co-first), Guo, J., & Yang, Z.

    Finance Research Letters, 105669

    2024
  4. Dual Green Innovation Capability, Environmental Regulation Intensity, and High-Quality Economic Development in China

    Guo, Y., Xie, W., & Yang, Y.

    Finance Research Letters, 63, 105275

    2024
  5. Nexus of Green Energy Innovation, Governance Quality, and CO₂ Emissions in Natural Resource Sector

    Zhang, S., Xie, W., Sun, S., Wu, F., & Xue, Y.

    Resources Policy, 88, 104493

    2024
  6. The Effect of the COVID-19 Pandemic on Corporate Trade Credit Financing

    Xie, W., & Tian, H.

    Economics Letters, 232, 111339

    2023

Beyond the paper.

Research is collaborative work: building data, testing ideas, and sharing findings with a wider community.

Research assistant · UChicago

Econometric identification & replication

Replicating empirical tables and figures in Python and R, and using Monte Carlo simulations to study estimator bias and variance.

Research assistant · HKU

Corporate disclosure & environmental regulation

Building large-scale disclosure datasets and estimating the effects of environmental regulation on firm behavior.

Selected conference presentations
  • 2026 · AMA Winter Academic Conference — Madrid
  • 2025 · INFORMS International Meeting — Singapore
  • 2024 · INFORMS Annual Meeting — Seattle
  • 2024 · Global Chinese Accounting Association Summit — Perth
  • 2024 · INFORMS Marketing Science Conference — Sydney
  • 2024 · 5th Vietnam Symposium on Global Economic Issues — Ho Chi Minh City
  • 2024 · Green Finance and Accounting Conference — Shanghai
Academic service

Referee for Applied Economics, Applied Economics Letters, Review of Quantitative Finance and Accounting, Finance Research Letters, International Review of Economics & Finance, Scientific Reports, Information Processing & Management, Economics of Governance, and Discover Sustainability.

Recent updates.

  • “Integrating Monetary and Environmental Goals” — Accounting Forum
  • Paper accepted for presentation at the AMA Winter Academic Conference in Madrid.
  • “Reading Between the Reels” — International Journal of Finance and Economics

Get in touch

Let's follow the question.

wenlanx@uchicago.edu