-
2020/03/18
Don’t Take Their Word For It: The Misclassification of Bond Mutual Funds
Finance?Online?Seminar（2020-03)Topic:?Don’t Take Their Word For It: The Misclassification of Bond Mutual FundsSpeaker:?Umit Gurun, University of Texas at DallasTime:?Wednesday, 18 March, 10:00-11:15am Beijing TimeLocation:?Microsoft Teams Online conference roomAbstract:We provide evidence that mutual fund managers misclassify their holdings, and that these misclassifications have a real and s...
-
2020/03/04
Brain Drain: The Impact of Air Pollution on Firm Performance
Finance?Online?Seminar（2020-02)Topic:?Brain Drain: The Impact of Air Pollution on Firm PerformanceSpeaker:?Bohui Zhang, The Chinese University of Hong Kong, ShenzhenTime:?Wednesday, 4 March, 10:00-11:30 am Beijing TimeLocation:?Microsoft Teams Online conference roomAbstract:We hypothesize that firms located in more polluted areas are less able to recruit and retain quality human capital. First...
-
2020/02/26
China's Model of Managing the Financial System
Finance?Online?Seminar（2020-01)Topic:?China's Model of Managing the Financial SystemSpeaker:?Wei Xiong, Princeton University and NBERTime:?Wednesday, 26 February, 10:00-11:30 am Beijing TimeLocation: Microsoft Teams Online conference roomAbstract:China’s economic model involves active government intervention in financial markets. We develop a theoretical framework that anchors government inte...
-
2020/01/17
Technology Development and Corporate Mergers
Finance Seminar（2020-03)Topic:?Technology Development and Corporate MergersSpeaker:?Danqing Mei, Columbia Business SchoolTime:?Friday, 17 January,09:00-10:30Location:?Room 217, Guanghua Building 2Abstract:I examine the motives as well as consequences of merger-and-acquisition (M&A) transactions between companies with varying degrees of technological overlap. High-overlap deals, with more colla...
-
2020/01/13
Government-Sponsored Wholesale Funding and the Industrial Organization of Bank Lending
Finance Seminar（2020-02)Topic:?Government-Sponsored Wholesale Funding and the Industrial Organization of Bank LendingSpeaker:?Dayin Zhang, UC BerkeleyTime:?Monday, 13 January, 10:00-11:30Location:?Room 217, Guanghua Building 2Abstract:Several wholesale funding markets are dominated by government agencies such as the Federal Home Loan Bank (FHLB), which collectively channel hundreds of billions...
-
2020/01/10
A Unified Theory of the Term Structure and the Beta Anomaly
Finance Seminar（2020-01)Topic:?A Unified Theory of the Term Structure and the Beta AnomalySpeaker:?Yicheng Zhu, The Wharton School, University of PennsylvaniaTime:?Wednesday, 10 January, 10:00-11:30Location:?Room 217, Guanghua Building 2Abstract:Existing consumption-based asset pricing framework implies a strong connection between the agent’s risk aversion, elasticity of intertemporal substit...
-
2020/01/03
Transparency of Private Meetings and Market Participants’ Attention Allocation: Evidence from Analysts in China
Accounting Seminar（2020-01）Topic:Transparency of Private Meetings and Market Participants’ Attention Allocation: Evidence from Analysts in ChinaSpeaker:Ronghuo Zheng，The University of Texas at AustinTime:Friday, Jan 3rd, 13:00-14:30 p.mPlace:Room K02, Guanghua Building 2Abstract:In this paper, we investigate the consequences of increased transparency of private meetings on the attention all...
-
2019/12/26
Dollar Funding, Bank Currency Mismatch, and the Transmission of Exchange Rate Policy
?Finance Seminar（2019-36)Topic:?Dollar Funding, Bank Currency Mismatch, and the Transmission of Exchange Rate PolicySpeaker:?Mai Li, Columbia UniversityTime:?Thursday, 26 December, 10:00-11:30Location:?Room 217, Guanghua Building 2Abstract:This paper studies a novel transmission channel for exchange rate policy in emerging markets that acts through financial institutions. According to this “...
-
2019/12/19
The Numeraire Effect in Initial Coin Offerings
Finance Seminar（2019-35)Topic:?The Numeraire Effect in Initial Coin OfferingsSpeaker:?Fangzhou Lu,MITTime:?Thursday, 19 December, 10:00-11:30Location:?Room 217, Guanghua Building 2Abstract:There is a high correlation between the returns of cryptocurrencies and those of utility tokens, which are claims to products and services yet to be developed that are issued through ICOs and traded on crypt...
-
2019/12/18
Buy-Side Competition and Momentum Profits
Finance Seminar（2019-34)Topic:?Buy-Side Competition and Momentum ProfitsSpeaker:?Nagpurnanand Prabhala,The Johns Hopkins Carey Business SchoolTime:?Wednesday, 18 December, 10:00-11:30Location:?Room 217, Guanghua Building 2Abstract:We show that a new measure of buy-side competition explains momentum profits. The monthly momentum spread is 1.39% when competition is low and negligible when compet...
地址：北京市海淀区颐和园路5号
邮编：100871
电话：010-62747033
传真：86-10-62751463
