工作论文 PAPERS
-
Media Negativity on Foreign Countries and International Asset Allocation
We investigate the relationship between media negativity on foreign countries...
Baixiao Liu, Linlin Ma
Working Paper | No. 20230303 |
Keywords: Keywords: Media Negativity , International Asset Allocation, International Mutual Fund, Fund Fl
-
Learning, Price Discovery, and Macroeconomic Announcements
We examine the price discovery process in the Chinese equity market Leveragin...
Haozhe Han, Grace Xing Hu, Calvin Dun Jia∗
Working Paper | No. 20231104 |
Keywords: Learning, Macroeconomic Announcements, Price Informativeness, Market Efficiency
-
Forecasting Stock Returns: The Role of New Global Market Integration Indices
This research examines the usefulness of new proposed equity premium predicto...
Cindy S.H. Wang, Cheng Hsiao, Gary C.K. Wen
Working Paper | No. 20230301 |
Keywords: CDAR test, forecast combination, Lasso, panel predictive model, three-pass regression filter (3
-
Adaptive Robust Capacity Control with Adjustable Regret
A robust single-leg capacity control method based on adjustable regret is pro...
Yingjie Lan
Working Paper | No. 20230103 |
Keywords: Revenue management, Adjustable regret, Robust optimization, Competitive analysis, Game theory
-
Affirmative Action in Two Dimensions: A Multi-Period Apportionment Problem
In many settings, affirmative action policies apply simultaneously at two lev...
Haydar Evren, Manshu Khanna
Working Paper | No. 20230102 |
Keywords: Affirmative Action, Apportionment, Market Design, Rounding Problem
-
Taxation and Entrepreneurship in the United States
This paper studies the effects of income taxation on entrepreneurship, empiri...
Hans A. Holter, Serhiy Stepanchuk, Yicheng Wang
Working Paper | No. 20230101 |
Keywords: Entrepreneurship, Taxation, Tax Progressivity, Business Risk, Insurance
-
Peer Pressure and Moral Hazard: Evidence from Retail Banking Investment Advis...
It is generally believed that pressure from peers induces employees to improv...
Chen Lin, Chenhao Wang, Yuchen Xu, Ting Zhang
Working Paper | No. 20221106 |
Keywords: Peer pressure, Moral hazard, Retail investment advisor
-
Over-Commitment in M&A Valuation Adjustment Mechanism Agreements
AbstractWith hand-collected data on Chinese M&A agreements between 2010 and 2...
Chaohui Chen, Chen Lin, Yuchen Xu, Linlan Yang
Working Paper | No. 20221105 |
Keywords: Valuation Adjustment Mechanism (VAM), Mergers and Acquisitions (M&A), Myopia
-
The Impact of Securities Regulation on New Keynesian Firms
This paper describes a new fact and then analyzes its implication for aggrega...
Erica Xuenan Li, Jin Xie, Ji Zhang
Working Paper | No. 20221104 |
Keywords: Nominal Rigidities, Financial Accelerator, New Keynesian Models, Earn-ings Misstatement, Sarban
-
Migration, Tariffs, and China’s Export Surge
We build a multi-sector spatial general equilibrium model that features heter...
Chen Liu, Xiao Ma
Working Paper | No. 20221103 |
Keywords: International trade, tariffs, labor-market adjustments, migration, firm loca-tion choices