Preliminary Program
Summer Institute of Finance
July 18-20, 2013, at Pan Pacific, Suzhou, China Wednesday,July 17,2013
Registration and Reception: 7:30pm-9:30 pm (Location: F1, Pan Pacific, Suzhou)
Day One,July 18,9:00am-12:20pm
Macro-Finance Chinese Economy Session
Banking Bubbles and Financial Crisis
Jianjun Miao,Boston University Pengfei Wang,HKUST Discussant: Kang Shi, Chinese University of Hong Kong A Model of China's State Capitalism Yong Wang, Department of Economics, HKUST Xi Li, Department of Accounting, HKUST Xuewen Liu, Department of Finance, HKUST Discussant: Tian Zhu, CEIBS Coffee Break (20 minutes) The Political Economy of Corporate Finance: evidence from China's re-nationalization Zhangkai Huang, Tsinghua University Jun Qian, Boston College Lixing Li,China Center of Economic Research Peking University Guangrong Ma,China Center of Economic Research Peking University Discussant: Wei Li, CKGSB Capital Controls and Optimal Chinese Monetary Policy Chun Chang, SAIF Zheng Liu, Federal Reserve Bank of San Francisco Mark M. Spiegel, Federal Reserve Bank of San Francisco Discussant: Yan Bai, University of Rochester Day Two,July 19,9:00am-12:20pm
Smooth Trading with Overconfidence and Market Power
Albert Kyle, Univeristy of Maryland at College Park Anna Obizhaeva, University of Maryland at College Park Yajun Wang, University of Maryland at College Park Discussant: Liyan Yang, University of Toronto Liquidity Shocks and Stock Market Reactions Lin Peng, Baruch College, City University of New York Turan Bali, Georgetown University Yi Tang, FORDHAM Yannan Shen, Baruch College, CUNY Discussant: Jennifer Huang, CKGSB Coffee Break (20 minutes) Is "sentiment" sentimental? Xiaoyan Zhang, Purdue University and SAIF Yuhang Xing, Rice University and SAIF Steve Sibley, Purdue University Discussant: Yexiao Xu, University of Texas at Dallas Explaining momentum and value simultaneously Jun Li, University of Texas at Dallas Discussant: Phil Dybvig, Washington University in St. Louis Day Three,July 20,9:00am-12:20pm
Providing protection or encouraging holdup? The effects of labor unions on innovation
Daniel Bradley, University of South Florida Incheol Kim, University of South Florida Xuan Tian, Indiana University Discussant: Chenyu Shan, University of Hong Kong Product Market Predatory Threats and Contractual Constraints of Debt Xunhua Su, Norwegian University of Science and Technology Einar Kjenstad, University of Rochester Discussant: Jianjun Miao, Boston University Coffee Break (20 minutes) Is Consumption Growth merely a Sideshow in Asset Pricing? Thomas Maurer, Washington University in St. Louis Discussant: Mark Loewenstein, University of Maryland The bright side of lending by government owned banks: Evidence from the Japanese financial crisis Anand Srinivasan, National University of Singapore Takeshi Yamada, The University of Adelaide Business School Yupeng Lin, National University of Singapore Discussant: Han Xia, University of Texas at Dallas |