On January 9th, there was a serious shooting incident in Chicago. The gunman Jason Nightengale opened fire at the people indiscriminately, resulting in three deaths and four injuries, including Yiran Fan, a 30-year-old China student studying economics and finance at the University of Chicago. The gunman was killed by the police in the subsequent gunfight.

  

  Fan Yiran (left) and Nightingale (right) shot at random.

  On May 12th, Southern Reporter learned from official website, an international core journal in the field of economics, that four months after Fan Yiran’s death, this journal will include the legacy of Fan Yiran, a foreign student from China, University of Chicago, in the May issue of this year.

  The reporter learned from official website of Journal of Political Economy that Fan Yiran’s posthumous work was entitled The Interaction of Bankers’ Asset and Liability Management with Liquidity Concerns. Fan Yiran is the only author of this article.

  The introduction part of the article was written by the editor, "Fan Yiran was a fourth-year doctoral student at the University of Chicago. He was shot and killed on January 9, 2021, at the age of 30. This paper published in the Journal of Political Economy reflects his ongoing research. Fan Yiran was killed by a terrible crime. We use this article to commemorate the life of this outstanding scholar and his work. "

  According to our previous report, on January 9, a serious shooting happened in Chicago. Fan Yiran was the first victim. He was shot in the head by Nightingale in the car in the apartment parking lot and died.

  After the incident, the University of Chicago confirmed that the student’s name was Yiran Fan.

  He is a fourth-year doctoral student in the joint project of the School of Business and the Department of Economics. Source: University of Chicago According to the school news, Fan Yiran came to study in the United States after graduating from Peking University.

  He previously received a master’s degree in financial mathematics from the University of Chicago. When he was killed, he was studying for a doctorate in financial economics at the University of Chicago. He was a smart and talented student and was loved by his classmates. If nothing unexpected happens, Fan Yiran originally planned to submit his doctoral thesis this year. His main research areas include the interaction of bank asset-liability management and the research on screening competition under flexible information.

  After the incident, the University of Chicago, the China Students and Scholars Association of the University of Chicago, the Consulate General of China in Chicago, the US Embassy in China and the Peking University Alumni Association all expressed their condolences and sympathy to Fan Yiran’s family and friends, and promised to provide help. At the same time of shock, many students began to carry out mourning activities spontaneously. Everyone is saddened by the loss of a promising doctor friend.

  The branch of Guanghua School of Management of Peking University Alumni Association mourned that Yi Ran entered Guanghua School of Management of Peking University in 2008 to study for his master’s degree, and he was brilliant and thoughtful, and formed a deep friendship with the teachers and students of the college. Everything was just like the present. After Yi Ran went to Britain and the United States for further study, he was deeply involved in the research fields of economics and finance. However, when his doctor graduated soon, his talents died. We have lost an excellent alumnus, and a promising star who loves academics and is full of potential in the field of economic and financial research! Peking University also wrote in the official media "Mourning for Talents! Fan Yiran, an alumnus of Peking University, was killed in the shooting in Chicago, USA.

  In addition, at that time, Lars peter hansen, a professor of economics at the University of Chicago and a Nobel laureate in economics, lamented, "Fan Yiran is my best graduate student, my best colleague and a very good person." Hansen said that Fan Yiran is a valuable knowledge resource in the economic and financial circles. He has been working hard to help his students and classmates learn, and he is writing an excellent paper by using the tools and insights of corporate finance theory and economic dynamics to study the role of financial institutions and market supervision.

  In May, 2021, four months after the case occurred, the international core journal Journal of Political Economy said that Fan Yiran’s legacy The Interaction of Bankers’ Asset and Liabilities Management with Liquidity Concerns would be included.

  And added a similar eulogy at the beginning of the article:

  "Fan is still a fourth-year doctoral student at the University of Chicago. He was unfortunately shot on January 9, 2021, at the age of 30. This paper, published in Journal of Political Economy, reflects his ongoing research. He left us because of a terrible crime, and we commemorate the life of this talented scholar and his work. "


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