工作论文 PAPERS
-
No Sparsity in Asset Pricing: Evidence from a Generic Statistical Test
We present a novel test to determine sparsity in characteristic-based factor models Applying the test to industry
-
How do Multinationals Impact China’s Technology? The Role of Quid Pro Quo Po...
-
Transcontinental Railways and Hinterland Development
-
A High-Frequency Measure of Chinese Monetary Policy Shocks
-
Monetary Policy in Open Economies with Production Networks
-
The Incident-Driven Green Products
-
Overnight Learning, Price Discovery, and Macroeconomic Announcements
-
Monetary Policy in Open Economies with Production Networks
-
Transcontinental Railways and Hinterland Development
-
Gold is a Hedging Asset
While industry investors commonly view gold as a hedging asset, academic studies often find the opposite We show