Past Economics Seminars

How Does Block Ownership by Institutions Affect Corporate Governance? Evidence from the Valuation of a Firm’s Cash Holdings

Equities' Exposures to Currencies: Beyond the loglinear model

Prime Broker-Level Comovement in Hedge Fund Returns: Information or Contagion?

Monetary Transmission and Dynamic Provisioning through the Lens of Loan Loss Reserve on Credit Extension

The Robust Selection of Rationalizability

Barriers to Health and The Poverty Trap

Big Fish in Small Pond: Institutional Holding of Penny Stocks

Investor Trading Behavior around Geopolitical Events: Evidence from South Korea

Providing Protection or Misaligning Incentives? The Effects of Labor Unions on Innovation

Family Firms, Antitakeover Provisions, and Costs of Bank Financing

CityU Distinguished Lecture by Prof. Myron Scholes, 1997 Nobel Laureate

Common Factors in Stock Market Seasonalities

An Economic Investigation of Linguistic Differences: Theory and Experiment

Sovereigns Versus Banks: Credit, Crises, And Consequences

Hilbert Transform Methods for Options Valuation

Volatility Risk Premia and Exchange Rate Predictability

Testing for Linear and Nonlinear Predictability of Stock Returns

Did going public impair Moody’s credit ratings?

Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model

Investor Horizon Clientele and IPO Underpricing

Partial Insurance in China: the Data Part

Economic Integration and Structural Change

Does Takeover Pressure Deter Corporate Investment? Evidence from State Anti-takeover Legislations

Firm Heterogeneity, Trade, Multinationals, and Growth: A Quantitative Evaluation

Governance through Threat: Does Short Selling Improve Internal Governance?

Estimates of the Trade and Welfare Effects of NAFTA

Corporate Liquidity Dynamics - Empirics and Modeling

Sex Discrimination and Female Top Managers: Evidence from China

The Self-Regulation of Enforcement: Evidence From Investor-Broker Disputes at the NASD

Enhanced mean-variance portfolios - A controlled integration of quantitative return estimates

"An Academic Economist and an Economic Policy Adviser" by Prof. Gregory Chow, Princeton University

Why is the Amihud (2002) Illiquidity Measure Priced?

Creditor Governance through Loan-to-Loan and Loan-to-Own

Credit Policy as Fiscal Policy

The Organization of Health Care Services

Do Hedge Funds Exploit Rare Disaster Concerns?

Competition, Gatekeeping, and Health Care Access

Liquidity Premium in the Eye of the Beholder: An Analysis of the Clientele Effect in the Corporate Bond Market

Non-executive Employee Stock Options and Coprorate Innovation

The Invisible Cost of Short Selling

Sell-Side Analysts' Responses to Mutual Fund Trading Pressure

Tug-of-War: Incentive Alignment in Securitization and Loan Performance

Merger Negotiations with Stock Market Feedback

Rethinking Directed Technical Change with Endogenous Market Structure

Eliciting Private Information with Noise: The Case of Randomized Response

On the Mergers and Acquisitions of Mutual Fund Families: The Determinants and Subsequent Impact on Fund Performance

Unemployment and Endogenous Reallocation over the Business Cycle

Human Capital Loss in Corporate Bankruptcy

Governance through Trading: Does Institutional Trading Discipline Empire Building and Earnings Management?

Debt, Labor Markets and the Creation and Destruction of Firms

Call Your Clients First: An Examination of How Analysts Add Value to Their Fund Clients

Effective Endowment, Trade and Wages

The Impact of Young Cohort Size on Adult Educational Upgrading: Evidence from Family Planning Policies in China

Cities and Product Variety

Bankruptcy and Delinquency in a Model of Unsecured Debt

Volatility Uncertainty, Time Decay, and Option Bid-Ask Spreads

How Monitoring Affects the Structure of CEO Equity-Based Compensation

What Is the Maximum Return Predictability Permitted by Asset Pricing Models?

Does Option Trading Convey Stock Price Information?

Estimating a Spatial Autoregressive Model with an Endogenous Spatial Weight Matrix

Modeling China’s Macro-economy

In Support of the TRIPs Agreement

The Costs of Being Private in the Public Debt Market

Inventory Accumulation, Cash Flow, and Corporate Investment

Reputation, Volatility and Performance Persistence

Decomposing Globalization

Assessing the Effects of Large-Scale Asset Purchases in a Zero-Interest-Rate Environment through the Lens of DSGE and VAR Models

On Mean Variance Portfolio Optimization: Improving Performance Through Better Use of Hedging Relations

A Structural Modeling Approach for Network Formation and Social Interactions – with Applications to Students’ Friendship Choices and Selectivity on Activities

In Search of Explanation for the Predictive Ability of the Baltic Dry Index for Global Stock Returns, Commodity Returns, and Global Economic Activity