工作论文 PAPERS
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Greenwashing's Dilemma: Dynamics of ESG Facades on Firm Value
ESG engagement allows firms to achieve sustainable development, but greenwash...
Jiahao Li, You Zhou, Yingjie Lan
Working Paper | No. 20251103 |
Keywords: greenwashing, ESG, firm value, financing constraint, research and development
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Factors or Fake? A New Look at Anomalies and the Replication Crisis
Based on the insight that declaring an anomaly not spanned presumes knowledge...
Siddhartha Chib*, Shuhua Xiao, Lingxiao Zhao
Working Paper | No. 20251102 |
Keywords: Bayesian multiple testing, expected false discovery rate control, model uncertainty, posterior spanning probabilities, spanned anomalies
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Cannibalization, Competition, and New Product Introductions: Evidence from th...
We study how cannibalization concerns shape firms’ product launch decisions....
Yuanfang Chu, Sudipto Dasgupta, Fangyuan Ma
Working Paper | No. 20251101 |
Keywords: cannibalization, product Launch, competition, creative destruction
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Visibly Fair Mechanisms
Priority-based allocation often requires eliminating justified envy, making s...
Inácio Bó, Gian Caspari, Manshu Khanna
Working Paper | No. 20250905 |
Keywords: matching theory, market design, indirect mechanisms
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Housing, Health, and Life Expectancy Inequality in China
We document large inequality in life expectancy at age sixty across cities an...
Yushan Hu, Penglong Zhang, Guozhong Zhu*
Working Paper | No. 20250904 |
Keywords: health production, medical insurance coverage, housing costs, life expectancy inequality
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How Technological Innovation Shapes Financial Innovation: Substitution Effect...
The innovation of new financial products, processes, and services is a key dr...
Mark A. Chen*, Sophia Hu, Joanna Wang, Qinxi Wu
Working Paper | No. 20250903 |
Keywords: technological innovation, financial innovation, substitution effects, knowledge diffusion, patents, inventors, human capital
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Fine Control of Conservatism for Robust Optimization by Adjustable Regret
Overconservatism has long been recognized as a major issue of robust optimiza...
Yingjie Lan*
Working Paper | No. 20250902 |
Keywords: robust optimization, decision criteria, overconservatism, convex conjugate, one-way trading
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United on Divisive Waters: Decentralization of Irrigation and Conflict in Ind...
Arguments for decentralizing local public goods often emphasize productivity ...
Krzysztof Krakowski, Karol Mazur*
Working Paper | No. 20250901 |
Keywords: agriculture, conflict, public goods, irrigation management
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The Macroeconomic Impact of Agricultural Input Subsidies
Governments intervene in agriculture worldwide, a sector particularly suscept...
Karol Mazur, Laszlo Tetenyi
Working Paper | No. 20250702 |
Keywords: Agriculture, food security, structural change, misallocation
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Non-affiliated Distribution and Fund Performance: Evidence from Bank Wealth M...
Using the Measures for the Administration of Bank Wealth Management Funds Sal...
Shusong Ba, Baixiao Liu, Linlin Ma, Yan Shen, and Xingyi Zhan*
Working Paper | No. 20250701 |
Keywords: bank wealth management, non-affiliated distribution, fund performance, agency problem, external governance