工作论文 PAPERS
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Common Correlated Effects Estimation of Nonlinear Panel Data Models
This paper focuses on estimating the coefficients and average partial effects...
Liang Chen, Minyuan Zhang
Working Paper | No. 20230502 |
Keywords: Panel data, interactive fixed effects, nonlinear models, incidental parameters, bias correction
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Exporting, Wage Profiles, and Human Capital: Evidence from Brazil
Export activity shapes workers’ experience-wage profiles Using detailed empl...
Xiao Ma, Marc-Andreas Muendler, Alejandro Nakab
Working Paper | No. 20230501 |
Keywords: Export Activity; Wage Profiles; Human Capital Accumulation
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Upper and Lower Bounds on Robust One-way Trading with Fixed Costs
This paper considers the one-way trading problem with fixed costs where the t...
Wei Wang, Yingjie Lan, Wei Cui, Deming Zhou
Working Paper | No. 20230307 |
Keywords: Finance, Robust optimization, One-way trading, Fixed cost, Mini-max regret
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Control of Conservatism for Robust Optimization by Adjustable Regret
It is commonly recognized that a major issue of robust optimization is the te...
Yingjie Lan
Working Paper | No. 20230306 |
Keywords: Robust optimization, Decision criteria, Over-conservatism, Tractability, One-way trading
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Facilitating Entry through Leasing
We study how leasing plays a novel role in improving total factor productivit...
Kai Li, Yiming Xu
Working Paper | No. 20230305 |
Keywords: Leased capital; Collateral constraint; Total factor productivity (TFP); Extensive margin; Entry
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Culture, Religion, and Short-Sale Constraints
We find that institutional investors’ local culture of religiosity influence...
Danling Jiang, Baixiao Liu, Steven Chong Xiao
Working Paper | No. 20220304 |
Keywords: Culture, Religiosity, Blockholder, Stock lending, Short-sale constraints
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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
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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
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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
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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