Periodic Disclosure of Asset-Backed Securities and Bond Trading
Accounting Seminar（2019-11）Topic:Periodic Disclosure of Asset-Backed Securities and Bond TradingSpeaker:Haiwen (Helen) Zhang, University of MinnesotaTime:Friday, June 28th, 10:00-11:30 a.mPlace:Room 217, Guanghua Building 2?Abstract:Transparency and liquidity are important issues in the market of complex structured products. In this paper, we provide large-sample evidence on whether investor...
More Cash Flows, More Options? The Effect of Cash Windfalls on Small Firms
Finance Seminar（2019-21)Topic: More Cash Flows, More Options? The Effect of Cash Windfalls on Small FirmsSpeaker: Xing Huang, Washington University in St. LouisTime: Friday, 28 June, 12:15-13:30Location: Room 217,Guanghua Building 2Abstract:This paper studies the effect of shocks to firms’ internal resources on business success and on owners’ economic behaviors. We use a new source of variat...
Mutual Fund Market Timing: Daily Evidence
Finance Seminar（2019-20)Topic: Mutual Fund Market Timing: Daily EvidenceSpeaker: Ke Wu, Renmin University of ChinaTime: Wednesday, 26 June, 10:00-11:30Location: Room 217, Guanghua Building 2Abstract:We use Engle’s (2002) dynamic conditional correlation (DCC) model to examine mutual fund market timing based on beta asymmetry, the difference between upside and downside beta. We find significant...
High-dimensional Tensor Regression Analysis
Statistics Seminar (2019-17) Title: High-dimensional Tensor Regression AnalysisSpeaker: Anru Zhang, University of Wisconsin-MadisonTime: Thursday, June 20, 14:00-15:00Place: Room 217, Guanghua Building 2Abstract:The past decade has seen a large body of work on high-dimensional tenors or multiway arrays that arise in numerous applications. In many of these settings, the tensor of interest is hig...
Institutional Lenders, Trading Incentives, and Corporate Disclosure
Accounting Seminar（2019-10）Topic:Institutional Lenders, Trading Incentives, and Corporate DisclosureSpeaker:Lin Cheng, The University of ArizonaTime:Thursday, June 20th, 10:00-11:30 a.mPlace:Room 217, Guanghua Building 2Abstract:This study examines the influence of institutional lenders, whose portfolios hold both loans and equity securities, on firms’ public and private disclosures. Using m...
Do Internet Finance Platforms Mitigate Conflicts of Interest? The Case of Mutual Fund Investment
Finance Seminar（2019-19)Topic: Do Internet Finance Platforms Mitigate Conflicts of Interest? The Case of Mutual Fund InvestmentSpeaker: Chloe Chunliu Yang, Fudan UniversityTime: Wednesday, 19 June, 10:00-11:30Location: Room 217, Guanghua Building 2Abstract:Online trading may lead to greater over-trading due to investor over-confidence (Barber and Odean, 2002). This paper studies an offsetting ...
Physician Learning and Treatment Choices: Evidence from Brain Aneurysms
EconomicsSeminar( 2019-10)Topic:Physician Learning and Treatment Choices: Evidence from Brain AneurysmsSpeaker:Qing Gong,University of North Carolina at Chapel HillTime:Friday, June 14, 13:30-15:00p.mPlace:Room 217, Guanghua building2Abstract:Physicians often choose among alternative treatment options based on their beliefs over the treatment effectiveness and their skills in delivering the tre...
On Rank Estimators in Increasing Dimensions
Statistics Seminar (2019-16)Title: On Rank Estimators in Increasing DimensionsSpeaker: Yanqin Fan, University of WashingtonTime: Tuesday, June 11, 14:00-15:00Place: Room 216, Guanghua Building 2Abstract:The family of rank estimators, including Han's maximum rank correlation estimator (Han, 1987) as a notable example, has been widely exploited in studying regression problems. For these estimator...
AGGREGATE AND DISTRIBUTIONAL IMPACTS OF HOUSING POLICY: CHINA'S EXPERIMENT
?EconomicsSeminar( 2019-09)Topic:AGGREGATE AND DISTRIBUTIONAL IMPACTS OF HOUSINGPOLICY: CHINA'S EXPERIMENTSpeaker:Kaiji CHEN,Emory UniversityTime:Tuesday, June 11, 13:30-15:00p.mPlace:Room 217, Guanghua Building2Abstract:What's the role of credit conditions in housing booms and busts and what arethe distributional consequences of housing booms and busts across households of differentcharacteri...
Non-stationary Stochastic Modeling
Statistics Seminar (2019-15)Title: Non-stationary Stochastic ModelingSpeaker: Zeyu Zheng, UC BerkeleyTime: Thursday, June 6, 14:00-15:00Place: Room 217, Guanghua Building 2Abstract:In many stochastic modeling contexts, the system under consideration exhibits strong time-of-day effects, day-of-week effects, or seasonality effects. In fact, most real-world systems that are modeled as Markov proce...