phbs
Hayek, Local Information, and Commanding Heights: Decentralizing State-Owned Enterprises in China
Hayek (1945) argues that local information is a key to understanding the efficiency of alternative economic systems and whether production should be centralized or decentralized

Zhangkai Huang, Tsinghua University

Tuesday, March 14, 2017 | 2:00pm-3:30pm | Room 337, HSBC Business School Building

Keywords: Local information, Commanding heights, Decentralization, Hayek

More Details
Correlated Volatility Shocks
Commonality in idiosyncratic volatility cannot be completely explained by time-varying volatility After removing the effects of time-varying volatility, idiosyncratic volatility innovations are still positively correlated

Xiao Qiao, SummerHaven Investment Management

Monday, March 13, 2017 | 4:00pm-5:30pm | Room 337, HSBC Business School Building

Keywords: Volatility, GARCH models, Cross-section of stock returns, Idiosyncratic risk

More Details
Why is local governments’ land supply curve vertical in Public Land Ownership Regime? A Theoretical analysis and an empirical investigation of Chinese Cities (2003-11)
This paper examines the land supply function of local governments with a limited term of office

Yiu Por Chen, City University of Hong Kong

Wednesday, March 8, 2017 | 2:00pm-3:30pm | Room 329, HSBC Business School Building

Keywords: Land supply, Finance in urban economics, Local government finance

More Details
Marrying Up: The Tradeoff between Spousal Income and Spousal Height
Couple’s heights tend to match However, whether such matching is for the sake of height or the many desirable traits associated with stature (e g , income) is unclear

David Ong, PHBS

Wednesday, March 1, 2017 | 2:00pm-3:30pm | Room 335, HSBC Business School Building

Keywords: Tradeoff, Spousal income, Spousal height

More Details
Improving Investor- Investee Matches with Regulation: Evidence from the Orphan Drug Act & Global Biotechnology Industry
Venture capitalists (VCs) ideally like to invest in innovations at a nascent stage but this is inherently incorporated with huge risks (Ruhnka and Young 1991, Gompers 1995)

Yujin Kim, ShanghaiTech University

Wednesday, February 22, 2017 | 2:00pm-3:30pm | Room 335, HSBC Business School Building

Keywords: Venture capital, Entrepreneurial finance, Innovation, Valuation problem, Early-stage ventures, Biotechnology & pharmaceuticals

More Details
Impact of the Dependent Coverage Mandate on Household Financial Portfolio
This article examines the effects of the health insurance coverage mandate for dependents on household financial portfolio decisions by focusing on the Affordable Care Act (ACA) of 2010

Daeyong Lee, PHBS

January 13, 2017 | 12:00pm - 1:00pm | Room 763, HSBC Business School Building

Keywords: Impact of the Dependent Coverage Mandate on Household Financial Portfolio

More Details
The Timing of Activist Returns
This paper models the timing of Activist returns using a Stackelberg equilibrium

Mick Swartz, University of Southern California

Tuesday, January 10, 2017 | 2:00pm-3:30pm | Room 335, HSBC Business School Building

Keywords: Hedge fund activism, Stackelberg equilibrium, Corporate governance, Economic state

More Details
FDI, Trade Credit, and Transmission of Global Liquidity Shocks: Evidence from Chinese Manufacturing Firms
We empirically explore a trade credit channel through which FDI firms can propagate global liquidity shocks to the host country despite its tight controls on portfolio flows

Haichun Ye, Fudan University

Tuesday, January 3, 2017 | 2:00pm-3:30pm | Room 329, HSBC Business School Building

Keywords: FDI, international transmission of financial shocks, trade credit

More Details
Previous
5 / 5
Next