Concurrent Sessions 1

Session Number 25：Development Economics
Venue：Room 223
Chair: Xiaobo Zhang
1. Managing Urban Growth
Yuan Wang, East China Normal University
2. On the Impact of Microcredit
Shu Cai, Hong Kong University of Science and Technology
3. The Colonial and War Origins of Development Strategy: An Empirical Investigation
Zhifan Lin, South China Normal University
4. Migration Decision and Rural Income Inequality in Northwestern China
Yue Hua, Hunan University
 
Discussants:
Paper 1:  Shu Cai, Hong Kong University of Science and Technology
Paper 2:  Zhifan Lin, South China Normal University
Paper 3:  Yue Hua, Hunan University
Paper 4:  Yuan Wang, East China Normal University

 

Concurrent Sessions 2

Session Number 52：Finance（1）
Venue：Room 225
Chair: Yilin Zhang
1. Income Inequality and Asset Prices: A Cross-country Study
Yilin Zhang, Peking University
2. The Impact of Options on the Underlying Stocks: The Evidence from the Listing of Mini Options
Erik Benrud, Peking University
3. Financing for Innovation of Chinese Listed Firms
Xiaosheng Ju, National University of Defense Technology
4. Recourse Mortgage Law and the Housing Bubble
Seungjoon Oh, Peking University
5. Effect of Bank Ownership on Lending Behavior Over Business Cycles: Evidence From China
Bingjie Shen, Peking University
 
Discussants:
Paper 1: Bingjie Shen, Peking University
Paper 2: Yilin Zhang, Peking University
Paper 3: Erik Benrud, Peking University
Paper 4: Xiaosheng Ju, National University of Defense Technology
Paper 5: Seungjoon Oh, Peking University
 

Concurrent Sessions 3

Session Number 71：Behavioral Economics
Venue：Room 421
Chair: David Ong
1. Authoritarian Norms and the Efficiency of Institutions: An Experimental Study on China
Yexin Zhou, Beijing Normal University
2. Relative Income and Donation Behavior An Experimental Study
Xianghong Wang, Renmin University of China
3. Turning the WTP-WTA Gap Off and On: Subject Samples and Endowment Effect
Yidian Liu, Yutong Li, Central University of Finance and Economics
4. Lazy and Exaggerated Respondents and Behavioral Findings
Yidian Liu, Yutong Li, Central University of Finance and Economics
 
Discussants:
Paper 1: Yidian Liu, Yutong Li, Central University of Finance and Economics
Paper 2: Yidian Liu, Yutong Li, Central University of Finance and Economics
Session Number 72：Macroeconomics（1）
Venue：Room 423
Chair: Jiao Shi
1. News Shock and the Effects of Monetary Policy
Ren Zhang, Southern Methodist University
2. Strategically Determining Fiat Money’s Nominal Value Across Time in A Competitive Sequence Economy
Zhiping Xie, Shandong University
3. Non-interest Income, Profit, and Risk Efficiency: Evidence from Commercial Banks in China
Wenlong Bian, Peking University
 
Discussants:
Paper 1: Zhiping Xie, Shandong University
Paper 2: Wenlong Bian, Peking University
Paper 3: Ren Zhang, Southern Methodist University
Session Number 73：Macroeconomics（2）
Venue：Room 425
Chair: Yu Zhou
1. Render onto Hotelling and Knight What Belong to Them: Equilibrium Exhaustible Resource Price Dynamics with Ambiguity
Chen Lin, Shandong University
2. The Successors Dilemma in Authoritarian Regimes: The Role of Social Mobilization
Yuan Li/Shu Yu/Yongjing Zhang, University of Duisburg-Essen
3. Global Instability under Balanced-budget Consumption Taxes
Yan Chen/Yan Zhang, Shandong University
 
Discussants:
Paper 1: Yan Chen/Yan Zhang, Shandong University
Paper 2: Chen Lin, Shandong University
Paper 3: Yuan Li/Shu Yu/Yongjing Zhang, University of Duisburg-Essen
Session Number 74：Finance（2）
Venue：Room 301
Chair: Seungjoon Oh
1. Fire-Sale Acquisitions and Intra-Industry Contagion
Seungjoon Oh, Peking University
2. Determinants of the Financing of Investment Spikes
Hyunjoong Im, Peking University
3. How Can Credit Constraints Influence the Profitability of Chinese Household Firms? Microcosmic Evidence from China Household Finance Survey
Jiewei Li, Southwestern University of Finance and Economics
4. Capital Liberalization and Contagion Effects
Su Cheng, Zhongnan University
 
Discussants:
Paper 1: Su Cheng, Zhongnan University
Paper 2: Jiewei Li, Southwestern University
Paper 3: Hyunioong Im, Peking University
Paper4: Seungjoon Oh, Peking University
Session Number 75：Finance（3）
Venue：Room 303
Chair: Kwangwon Ahn
1. Monetary Uncertainty and Default
Kwangwon Ahn, Peking University
2. Asset Allocation with Higher Order Comoments and Factor Models
Wanbo Lu, Southwestern University of Finance and Economics
3. Local Finance and Local Growth
Chunyang Wang, Peking University
 
Discussants:
Paper 1: Wanbo Lu, Southwestern University of Finance and Economics
Paper 2: Chunyang Wang, Peking University
Paper 3: Kwangwon Ahn, Peking University
Session Number 76：Finance（4）
Venue：Room 305
Chair: Wei Cen
1. Agency Problem and Credit Risk
Huawei Niu, Nanjing Audit University
2. Can non-credit business Help Save Tier-1 capital? A Study about Grouping Panel Data of 108 Commercial Banks in China
Qiong Wang, University of International Business and Economics
3. Financial Networks, “Too Systemic to Fail” Bailout and Regulation
Peng Sui, Shandong University
4. How do Powerful CEOs View Dividends and Stock Repurchases? Evidence from the CEO Pay Slice (CPS) 
Shenghui Tong, Central University of Finance and Economics
 
Discussants:
Paper 1: Qiong Wang, University of International Business and Economics
Paper 2: Peng Sui, Shandong University
Paper 3: Shenghui Tong, Central University of Finance and Economics
Paper 4: Huawei Niu, Nanjing Audit University
Session Number 77：Labor Economics and Population Economics
Venue：Room 308
Chair: Yan Shen
1. The Substitution Effect of Migrant Workers on Local Residents Income in China
Mi Zhou, Shenyang Agricultural University
2. Industrial Transfer, Migrants Flow and Wage Difference
Qin Li, South China Agriculture University
3. An Application of Nested-Logit Model in Rural-Urban Migration in China
Yaqin Su, Hunan University
4. Child Gender, Parental Investment, and Labor Market Outcomes
Qing Wang, University of Illinois at Urbana-Champaign
 
Discussants:
Paper 1: Yaqin Su, Hunan University
Paper 2: Mi Zhou, Shenyang Agricultural University
Paper 3: Qin Li, South China Agriculture University
Paper 4: Qing Wang, University of Illinois at Urbana-Champaign
Session Number 78：Regional Economics
Venue：Room 221
Chair: Haifeng Huang
1. How Urban Segregation Distorts Chinese Migrants' Consumption?
Ninghua Zhong, Central University of Finance and Economics
2. Does the Real Estate Boom Hinder Industrial Development? Evidence from Chinese Cities
Yan Wu, Wageningen University
3. Is City-county Merger in China Promoting Economic Agglomeration?
Wei Tang, Fudan University
 
Discussants:
Paper 1: Wei Tang, Fudan University
Paper 2: Ninghua Zhong, Central University of Finance and Economics
Paper 3: Yan Wu, Wageningen University
Session Number 79：International Economics
Venue：Room 223
Chair: Insook Lee
1. Forward-Looking Importers Under Expected Exchange Rate Fluctuations
Chen Carol Zhao, Hong Kong University of Science and Technology
2. Political and Economic Determinants of FTAs in the Presence of Foreign Lobbying
Zhenhua Gu/Yao Shen, Shanghai University
3. Comparative Advantage, Cost Shifting and Destructive Creation
Zhongliang Han, Beijing Academy of social sciences /Peking University
 
Discussants:
Paper 1: Zhongliang Han, Beijing Academy of social sciences /Peking University
Paper 2: Chen Carol Zhao, Hong Kong University of Science and Technology
Paper 3: Zhenhua Gu/Yao Shen, Shanghai University
Session Number 80：Microeconomic（1）
Venue：Room 225
Chair: Daniel Sungyeon Kim
1. Simple Shill-Bid-Proof Mediated Auction Design
Rukai Gong/ Ning Sun/ Dazhong Wang, Shanghai University of Finance and Economics
2. Communication and Coordination in Social Networks: Action as Signaling Device
Jia-Ping Huang, VU University Amsterdam
3. Deterring Traffic Violations: Evidence from A Randomized Experiment
Fangwen Lu, Renmin University of China
 
Discussants:
Paper 1: Jia-Ping Huang, VU University Amsterdam
Paper 2: Fangwen Lu, Renmin University of China
Paper 3: Rukai Gong/ Ning Sun/ Dazhong Wang, Shanghai University of Finance and Economics
Session Number 81：Microeconomic（2）
Venue：Room 331
Chair: Young Joon Park
1. Optimal Penalty for Termination
Wei Qian, Fudan University
2. Social Capital Heterogeneity, Cooperative Agreements and Technical Efficiency in Small-Scale Irrigation: The Case of Northwestern China
Xin Wang, Tianjin University of Commerce
3. Transaction Costs and Farm-to-Market Linkages: Empirical Evidence from China Apple Producers
Jianyun Hou, Northwest A&F University
4. The Aggregate Effects of Health Insurance Expansion: Evidence from the Enforcement of Universal Coverage in China
Hongqiao Fu, National School of Development
5. A Study on Capacity Allocation Scheme with Seasonal Demand
   Deming Zhou, Peking University
 
Discussants:
Paper 1:  Hongqiao Fu, National School of Development
Paper 2:  Xin Wang, Tianjin University of Commerce
Paper 3:  Jianyun Hou, Northwest A&F University
Paper 4:  Wei Qian, Fudan University
Paper 5:  Young Joon Park, Peking University