Natural Disasters and the Role of Regional Lenders in Economic Eecovery
We find that Chinese regional state-owned City-Commercial Banks (CCBs) landlocked by their remit to operate within a city, respond to natural disasters more effectively by aggressively expanding credit, especially to corporate borrowers

Hursit S.Celil, Seungjoon Oh*, Srinivasan Selvam

ARTICLE | Journal of Empirical Finance |Vol.68, 2022

Keywords: Financial crisis, bank ownership, credit, system, impact

More Details
Discussion of "On the Possibility of Krusell-Smith Equilibria"
Broer et al (2021) provide an information criterion and show the possibility of non-existence of the well-studied

Dun Jia

ARTICLE | Journal of Economic Dynamics and Control |Vol.141, 2022

Keywords: Heterogeneous agent model, information frictions, strategic substitutability

More Details
Media Attention and Regulatory Efficiency of Corporate Violations: Evidence from China
We examine the influence of media attention on the regulatory efficiency of corporate violations in a restrictive

Zhiqian Jiang, Baixiao Liu, Jinsong Liu, Qianwei Ying

ARTICLE | Journal of Accounting and Public Policy |Vol.41, 2022

Keywords: Media attention, regulatory efficiency, corporate violations

More Details
Ease-of-Processing Heuristics and Asset Prices: Evidence from the Exchange-Traded Repo Market in China
Prior to May 22, 2017, price information displayed on stock exchanges on certain days and on days prior to mark

Xuyun Fang, Zhiqian Jiang, Baixiao Liu, John J.McConnell, Mingshan Zhou

ARTICLE | Journal of Financial Markets |Vol.59, 2022

Keywords: Cognitive biases, ease-of-processing heuristic, seasonalities, exchange-traded repo

More Details
Media Partisanship and Fundamental Corporate Decisions
Using the introduction of Fox News as a natural experiment, we investigate whether partisanship in television news

April Knill, Baixiao Liu*, John J. McConnell

ARTICLE | Journal of Financial and Quantitative Analysis |Vol.57, 2022

Keywords: Economic-News, bias, slant, risk, information, governance, response, liability, market

More Details
Visualization as Infrastructure: China’s Data Visualization Politics during COVID-19 and Their Implications for Public Health Emergencies
In this article, we analyze the rise of data visualization in social and political contexts Against the backgrou

Luming Zhao, Weiming Ye*

ARTICLE | Convergence |Vol.28, 2022

Keywords: data visualization, effectiveness, infrastructure, visualization politica, COVID-19, policymaking

More Details
Risk Measures, Robustness, Elicitability, and Backtesting
Risk measures are used not only for financial institutions& 39; internal risk management but also for external reg

Xuedong He, Steven Kou, Xianhua Peng

ARTICLE | Annual Review of Statistics and Its Applications |Vol.9, 2022

Keywords: Risk measures, robustness, elicitability, backtesting, value-at-risk, expected shortfall, median shortfall

More Details
A Black-Scholes User's Guide to the Bachelier Model
To cope with the negative oil futures price caused by the COVID-19 recession, global commodity futures exchanges

Jaehyuk Choi*, Minsuk Kwak, Chyng Wen Tee, Yumeng Wang

ARTICLE | Journal of Futures Markets |Vol.42, 2022

Keywords: Bachelier model, black-scholes model, displaced diffusion model, normal model formula, spread, motion

More Details
Venture Capital Coordination in Syndicates, Corporate Monitoring, and Firm Performance
This paper examines how the coordination of venture capital (VC) investors in their syndicates, as measured by th

Koo Kang, Yingxiang Li, Seungjoon Oh*

ARTICLE | Journal of Financial Intermediation |Vol.50, 2022

Keywords: Venture cacpital, geographic concentration, coordination, monitoring, exit, staged financing

More Details
Income Volatility and Portfolio Choices
Based on administrative data from Statistics Norway, we find economically significant shifts in households& 39; fina

Yongsung Chang, Jay H. Hong, Marios Karabarbounis, Yicheng Wang*, Tao Zhang

ARTICLE | Review of Economic Dynamics |Vol.44, 2022

Keywords: Income volatility, profolio choice, risky share

More Details