2024-Peking University HSBC Business School(PHBS)

Digital Finance and Wealth Inequality: Evidence from a Big Tech Platform in China During the Covid-19 Pandemic

Abstract:Inequality is a longstanding concern, yet how the rapid advancement of financial technology could possibly reshape inequality in the financial market remains unclear. This study analyzes wealth inequality dynamics among Chinese households during the COVID-19 pandemic, using random sample data collected from a quarterly online survey on a big tech platform. Our findings reveal that families ...

Yan Shen, Ang Sun*, Zikun Zhou, Dun Jia

ARTICLE | Pacific-Basin Finance Journal | 2024、83

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Covid-19 and Labour Market Resilience: Evidence from Large-Scale Recruitment Behaviour

Abstract:We construct a theoretical model to interpret the structural shock from the COVID-19 pandemic and the response of local labour market and industry specialization. The empirical study takes the large-scale online labour market of China to analyse firms’ hiring demand for 20 industries across 380 cities with monthly recruitment data from May 2017 to September 2020. Post-event quantitative analysis ...

Xinguo Yu, Hengxu Song, Ting Ren*, Yanbo Xue

ARTICLE | Regional Studies | 2024、58、1

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Natural Disasters and Corporate Innovation

Abstract: We examine how natural disasters affect corporate innovation. Using a comprehensive sample of U.S. firms and inventors, we find that natural disasters significantly drop innovation quantity and quality. The results are robust to include a broad set of regional characteristics, matching analysis, and alternative proxies for innovation. These effects persist for up to three years after the ...

Huong Le, Tung Nguyen, Andros Gregoriou*, Jerome Healy

ARTICLE | European Journal of Finance | 2024、30、2

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Artificial Intelligence, Household Financial Fragility and Energy Resources Consumption: Impacts of Digital Disruption from a Demand-Based Perspective

Abstract :

Chao Li, Yuhan Zhang, Xiang Li, Yanwei Hao*

ARTICLE | Resources Policy | 2024、88

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全球不确定性与外汇储备变动

摘要

李珂欣

ARTICLE | 国际金融研究 | 2024、10