Yongjin Kim, Lars-Alexander Kuehn, Kai Li

Working Paper | No.20210902 |

Keywords: Parameter uncertainty, Bayesian learning, systematic consumption risk, investment-based asset pricing, SMM

Xuewen Liu, Pengfei Wang, Zhongchao Yang

Working Paper | No. 20210901 |

Keywords: Credit extensions, synchronization, externality, economic recoveries

Lei Cheng, Zhimin Li*

Working Paper | No.20210706 |

Keywords: Political connections, corporate innovation, patent application, market competition, China

Xiaoming Cai, Pieter Gautier, Ronald Wolthoff

Working Paper | No. 20210705 |

Keywords: Sorting, complementarity, search frictions, information frictions, heterogeneity

Xiaoming Cai, Pieter Gautier, Ronald Wolthoff

Working Paper | No.20210704 |

Keywords: Search frictions, directed search, matching function, meeting technology, competing mechanisms, competing auctions

Ross Levine, Chen Lin, Chicheng Ma, Yuchen Xu*

Working Paper | No. 20210703 |

Keywords: Comparative law, financial development, China

Chen Lin, Chicheng Ma, Yuchen Sun, Yuchen Xu

Working Paper | No. 20210702 |

Keywords: Allocation of talent, human capital, modern banks, financial development, China, civil examination

Xiaoyang Gao, Chen Lin, Vesa Pursiainen, Yuchen Xu

Working Paper | No. 20210701 |

Keywords: Currency shock, household behavior, bank deposits, exchange rate risk

Yaein Baek*

Working Paper | No. 20210510 |

Keywords: Change point, parameter instability, structural change

Hursit Selcuk Celil*, Mengyang Chi

Working Paper | No. 20210509 |

Keywords: Investment, Tobin’s