|
Preliminary Program
Summer Institute of Finance
July 19-21, 2012, at the Intercontinental, Qingdao Wednesday, July 18, 2012
Registration and Reception: 7:30-9:30 pm (Location: Quan Lounge, F1, Intercontinental, Qingdao)
Day One, July 19, 9:00am – 12:20pm
Chinese Financial Markets Session
Out of the Limelight but In Play: Trading and Liquidity of Media and Off-media Stocks
Lily Fang, INSEAD Jun Qian, Boston College Huiping Zhang, Shanghai University of Finance and Economics Discussant: Kewei Hou, Ohio State University Security Supply and Bubbles: A Natural Experiment from the Chinese Warrants Market Li Liao, Tsinghua University Zhisheng Li, Tsinghua University Weiqiang Zhang, Tsinghua University Ning Zhu, SAIF and UC Davis Discussant: Darwin Choi, HKUST Coffee Break (20 minutes)
Political Participation and Entrepreneurial Initial Public Offerings in China
Xunan Feng, Shanghai University Anders C. Johansson, Stockholm School of Economics and Harvard University Tianyu Zhang, Chinese University of Hong Kong Discussant: Qianqian Du, SAIF Earnings Management and Cross Listing: Evidence from a Natural Experiment in China Tao Li, HSBC School of Business, Peking University Mi Luo, Department of Economics, New York University David Ng, Dyson School of Applied Economics and Management, Cornell University Discussant: Jia Chen, Peking University Day Two, July 20, 9:00am – 12:20pm
A Comprehensive Look at the Time Series Predictability of Cross-sectional Anomalies
Jennie Bai, Federal Reserve Bank Long Chen, CKGSB Discussant: Bin Wei, Federal Reserve Board Systematic Risk and Debt Maturity Hui Chen, MIT Yu Xu, MIT Jun Yang, Bank of Canada Discussant: Nengjiu Ju, HKUST and SAIF Coffee Break (20 minutes)
Can Investment-specific Technology Shocks Explain the Cross-section of Stock Returns?
Lorenzo Garlappi, UBC Zhongzhi Song, CKGSB Discussant: Laura Liu, HKUST By Force of Habitat? A First Look at Insurers' Government Bond Portfolios Xuanjuan Chen, College of Business, Kansas State University and Shanghai University of Finance and Economics Zhenzhen Sun, School of Business, Siena College Tong Yao, Iowa Tong Yu, College of Business and Administration, University of Rhode Island Discussant: Canlin Li, Federal Reserve Board Day Three, July 21, 9:00am – 12:20pm
Trading for Status
Harrison Hong, Princeton Wenxi Jiang, Yale Bin Zhao, SAIF Discussant: Liyan Yang, University of Toronto Social Networks, Information Acquisition, and Asset Prices Bing Han, Texas at Austin Liyan Yang, University of Toronto Discussant: Chun Xia, The University of Hongkong
Coffee Break (20 minutes)
Keeping up with the Joneses or responding to job uncertainty? The spread of CEO severance agreements
Peggy Huang, Tulane Lingling Wang, Tulane Discussant: Ashley Wang, Federal Reserve Board What explains the distress risk puzzle: death or glory? Yuhang Xing, Rice University Jennifer Conrad, University of North Carolina Nishad Kapadia，Rice University Discussant: Hong Yan, SAIF |
