Preliminary Program
Summer Institute of Finance Conference July 16 – 17, 2018, Shanghai, China Sunday, July 15
Registration: 3:00PM - 6:00PM
Location: Lobby, Crowne Plaza Shanghai Reception: 6:00PM - 8:00PM Location: 9F, Jinjue Building, Crowne Plaza Shanghai (上海银星皇冠假日酒店) Day One. Monday, July 16. 8:30AM - 5:50PM
Conference Venue: Shanghai Advanced Institute of Finance (SAIF) Room 203, 211 West Huaihai Road, Shanghai Session Chair: Zhiguo He, University of Chicago Session: Chinese Stock Market and Margin 8:30AM - 10:10AM 8:30AM - 9:20AM Riding the Credit Boom Christopher Hansman, Imperial College London Harrison Hong, Columbia University Wenxi Jiang, The Chinese University of Hong Kong Jane Liu, Peking University Presenter: Harrison Hong, Columbia University Discussant: Jiangze Bian, University of International Business and Economics 9:20AM - 10:10AM Discretionary Stock Trading Suspension Jennifer Huang, Cheung Kong Graduate School of Business Donghui Shi, Shanghai Stock Exchange Zhongzhi Song, Cheung Kong Graduate School of Business Bin Zhao, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University Presenter: Zhongzhi Song, Cheung Kong Graduate School of Business Discussant: Hui Chen, Massachusetts Institute of Technology Coffee break: 10:10AM - 10:40AM Session: Cryptocurrency 10:40AM - 2:50PM 10:40AM - 11:30AM Bitcoin Microstructure and the Kimchi premium Kyoung Jin Choi, University of Calgary Alfred Lehar, University of Calgary Ryan Stauffer, University of Calgary Presenter: Alfred Lehar, University of Calgary Discussant: Jiasun Li, George Mason University 11:30AM - 12:20PM Up-Cascaded Wisdom of the Crowd Will Cong, University of Chicago Yizhou Xiao, The Chinese University of Hong Kong Presenter: Yizhou Xiao, The Chinese University of Hong Kong Discussant: Tingjun Liu, University of Hong Kong Lunch: 12:20PM - 2:00PM Lunch Talk by Professor Zhiguo He 2:00PM - 2:50PM The Economics of Data David Easley, Cornell University Shiyang Huang, University of Hong Kong Liyan Yang, University of Toronto Zhuo Zhong, University of Melbourne Presenter: Shiyang Huang, University of Hong Kong Discussant: John Nash, Hong Kong University of Science and Technology Session Chair: Nengjiu Ju, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University Session: P2P lending in US and China 2:50PM - 5:50PM 2:50PM - 3:40PM Peer-to-Peer Lenders versus Banks: Substitutes or Complements? Huan Tang, HEC Paris Presenter: Huan Tang, HEC Paris Discussant: Hong Ru, Nanyang Technological University Coffee break 3:40PM - 4:10PM 4:10PM - 5:00PM Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China Fabio Braggion, Tilburg University Alberto Manconi, Bocconi University Haikun Zhu, Tilburg University Presenter: Haikun Zhu, Tilburg University Discussant: Baozhong Yang, Georgia State University 5:00PM - 5:50PM Winners and Losers of Marketplace Lending: Evidence from Borrower Credit Dynamics Sudheer Chava, Georgia Institute of Technology Nikhil Paradkar, Georgia Institute of Technology Presenter: Sudheer Chava, Georgia Institute of Technology Discussant: Fan Yu, Claremont McKenna College Dinner: 6:30PM Day Two. Tuesday, July 17. 8:30AM - 12:20PM
Session Chair: Hong Yan, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University Session: Guarantees in China 8:30AM - 10:10AM 8:30AM - 9:20AM The Value and Real Effects of Implicit Guarantees Shuang Jin, Hong Kong University of Science and Technology Wei Wang, Queen's University Zilong Zhang, City University of Hong Kong Presenter: Zilong Zhang, City University of Hong Kong Discussant: Zhuo Chen, PBC School of Finance, Tsinghua University 9:20AM - 10:10AM Risk Contagion along Loan Guarantee Chain: Evidence from Court Enforcement in China Laura Xiaolei Liu, Peking University Xiaoqian Zhang, Zhejiang University Presenter: Xiaoqian Zhang, Zhejiang University Discussant: Chenyu Shan, Shanghai University of Finance and Economics Coffee break: 10:10AM - 10:40AM Session: Behavioral Finance in China 10:40AM - 12:20PM 10:40AM - 11:30AM Real Life Experience and Financial Risk Taking: Natural Experiment Evidence from Automobile Traffic Accidents Ning Zhu, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University PBC School of Finance, Tsinghua University Yinglu Deng, Tsinghua University An Hu, Tsinghua University Presenter: Ning Zhu, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University PBC School of Finance, Tsinghua University Discussant: Bing Han, University of Toronto 11:30AM - 12:20PM Investment under Fast-Thinking Li Liao, Tsinghua University Zhengwei Wang, Tsinghua University Jia Xiang, Tsinghua University Hongjun Yan, DePaul University Jun Yang, Indiana University Presenter: Hongjun Yan, DePaul University Discussant: Xiaomeng Lu, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University Lunch: 12:20PM - 2:00PM |