Publications

by members of

Guanghua School of Management
Peking University
Beijing, China

Working papers

2009

1. Hongbin Cai & Yuyu Chen & Hanming Fang & Li-An Zhou, 2009. "Microinsurance, Trust and Economic Development: Evidence from a Randomized Natural Field Experiment," PIER Working Paper Archive 09-034, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
2. Hongbin Cai & Yuyu Chen & Hanming Fang & Li-An Zhou, 2009. "Microinsurance, Trust and Economic Development: Evidence from a Randomized Natural Field Experiment," NBER Working Papers 15396, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Hongbin Cai & J. Vernon Henderson & Qinghua Zhang, 2009. "China's Land Market Auctions: Evidence of Corruption," NBER Working Papers 15067, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2008

1. Hongbin Cai & Ichiro Obara, 2008. "Firm Reputation and Horizontal Integration," Levine's Bibliography 122247000000002038, UCLA Department of Economics. [Downloadable!]
2. Janet Currie & Sandra Decker & Wanchuan Lin, 2008. "Has Public Health Insurance for Older Children Reduced Disparities in Access to Care and Health Outcomes?," NBER Working Papers 14173, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2007

1. Hongbin Cai & Yuyu Chen & Hanming Fang, 2007. "Observational Learning: Evidence from a Randomized Natural Field Experiment," NBER Working Papers 13516, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
2. Fung, Hung-gay & Gao, Gerald Yong & Lu, Jiangyong & Mano, Haim, 2007. "Impacts of Competitive Position on Export Propensity and Intensity: An Empirical Study of Manufacturing Firms in China," MPRA Paper 5674, University Library of Munich, Germany. [Downloadable!]
3. Bai, Chong-En & Lu, Jiangyong & Tao, Zhigang, 2007. "How Does Privatization Work in China?," MPRA Paper 6599, University Library of Munich, Germany. [Downloadable!]
4. Lu, Jiangyong & Xu, Bin & Liu, Xiaohui, 2007. "The Effects of Corporate Governance and Institutional Environments on Export Behaviour: Evidence from Chinese Listed Firms," MPRA Paper 6600, University Library of Munich, Germany. [Downloadable!]
5. Hongbin Cai & Yasuyuki Todo & Li-An Zhou, 2007. "Do Multinationals' R&D Activities Stimulate Indigenous Entrepreneurship? Evidence from China's "Silicon Valley"," NBER Working Papers 13618, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
6. Hongbin Cai & Daniel Treisman, 2007. "Political decentralization and policy experimentation," Working Papers WP13_2007_05, Laboratory for Macroeconomic Analysis. [Downloadable!]
7. Chiao, Benjamin & Lerner, Josh & Tirole, Jean, 2007. "The Rules of Standard Setting Organizations: An Empirical Analysis," CEPR Discussion Papers 6141, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

2006

1. Yuyu Chen & Hongbin Li, 2006. "Mother's Education and Child Health: Is There a Nurturing Effect?," Discussion Papers 00021, Chinese University of Hong Kong, Department of Economics. [Downloadable!]
2. Hongbin Cai & Ichiro Obara, 2006. "Firm Reputation and Horizontanl Integration," Levine's Bibliography 321307000000000285, UCLA Department of Economics. [Downloadable!]
3. Wanchuan Lin, 2006. "Accounting for the Change in the Gradient: Health Inequality Among Infants," UCLA Economics Working Papers 850, UCLA Department of Economics. [Downloadable!]
4. Wanchuan Lin, 2006. "Accounting for the Change in the Gradient: Health Inequality Among Infants," UCLA Economics Working Papers 849, UCLA Department of Economics. [Downloadable!]
5. Benjamin Chiao & Jeffrey MacKie-Mason, 2006. "Using Uncensored Communication Channels to Divert Spam Traffic," Working Papers 06-20, NET Institute, revised Oct 2006. [Downloadable!]
6. CHIAO, Benjamin & LERNER, Josh & TIROLE, Jean, 2006. "The Rules of Standard Setting Organizations: an Empirical Analysis," IDEI Working Papers 388, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]

2005

1. Estrin, Saul & Tian, Lihui, 2005. "Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?," CEPR Discussion Papers 4919, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Tian, Lihui & Estrin, Saul, 2005. "Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?," IZA Discussion Papers 1493, Institute for the Study of Labor (IZA). [Downloadable!]
3. Lihui Tian & Saul Estrin, 2005. "Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?," William Davidson Institute Working Papers Series wp750, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
4. Hongbin Li & Weiying Zhang & Li-An Zhou, 2005. "Ownership, Efficiency, and Firm Survival in Economic Transition: Evidence from a Chinese Science Park," Discussion Papers 00008, Chinese University of Hong Kong, Department of Economics. [Downloadable!]
5. Ye Chen & Hongbin Li & Li-An Zhou, 2005. "Relative Performance Evaluation and the Turnover of Provincial Leaders in China," Discussion Papers 00010, Chinese University of Hong Kong, Department of Economics. [Downloadable!]
6. Hongbin Cai & Hanming Fang & Lixin Colin Xu, 2005. "Eat, Drink, Firms and Government: An Investigation of Corruption from Entertainment and Travel Costs of Chinese Firms," NBER Working Papers 11592, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
7. Benjamin Chiao & Josh Lerner & Jean Tirole, 2005. "The Rules of Standard Setting Organizations: An Empirical Analysis," NBER Working Papers 11156, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2003

1. Chong-En Bai & Zhigang Tao & Changqi Wu, 2003. "Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures.," William Davidson Institute Working Papers Series 2003-563, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
2. Hongbin Li & Li-An Zhou, 2003. "Political Turnover and Economic Performance: The Disciplinary Role of Personnel Control in China," Discussion Papers 00002, Chinese University of Hong Kong, Department of Economics. [Downloadable!]
3. Michael Brennan & H. Cao & Norman Strong & Xinzhong Xu, 2003. "The Dynamics of International Equity Market Expectations," University of California at Los Angeles, Anderson Graduate School of Management 1135, Anderson Graduate School of Management, UCLA. [Downloadable!]
4. Rongzhu Ke & Weiying Zhang, 2003. "Trust in China: A Cross-Regional Analysis," William Davidson Institute Working Papers Series 2003-586, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
5. Ma, Jie & Ulph, Alistair, 2003. "Advertising in a Differentiated Duopoly and Its Policy Implications for an Open Economy," Discussion Paper Series In Economics And Econometrics 0406, Economics Division, School of Social Sciences, University of Southampton. [Downloadable!]

2002

1. David D. Li & Changqi Wu, 2002. "The Ownership School vs. the Management School of State Enterprise Reform: Evidence from China," William Davidson Institute Working Papers Series 435, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
2. Charles, Lee & David, Ng, 2002. "Corruption and International Valuation: Does Virtue Pay?," MPRA Paper 590, University Library of Munich, Germany, revised Oct 2006. [Downloadable!]
3. Antonio Bernardo & Hongbin Cai & Jiang Luo, 2002. "Capital Budgeting in Multi-Division Firms: Information, Agency, and Incentives," University of California at Los Angeles, Anderson Graduate School of Management 1008, Anderson Graduate School of Management, UCLA. [Downloadable!]

2001

1. Lihui Tian, 2001. "Government Shareholding and the Value of China's Modern Firms," William Davidson Institute Working Papers Series 395, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

2000

1. Chong-En Bai & Zhigang Tao & Changqi Wu, 2000. "Expropriation and Incentives for Team Production," Econometric Society World Congress 2000 Contributed Papers 0807, Econometric Society. [Downloadable!]
2. Hongbin Cai & Walter Cont, 2000. "Agency Problems and Commitment in Delegated Bargaining," Econometric Society World Congress 2000 Contributed Papers 1270, Econometric Society. [Downloadable!]

1999

1. Changqi Wu & Leonard K. Cheng, 1999. "The Determinants of Export Performance of China's Township-Village Enterprises," LICOS Discussion Papers 8299, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]

1997

1. Changqi Wu & Leonard K. Cheng, 1997. "Hong Kong's Business Regulation in Transition," NBER Working Papers 6332, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

1995

1. Kathleen Weiss Hanley & Charles Lee & Paul Seguin, 1995. "The Marketing of Closed-End Fund IPOs," Center for Financial Institutions Working Papers 94-21, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]

1990

1. Charles Lee & Andrei Shleifer & Richard Thaler, 1990. "Investor Sentiment and the Closed-End Fund Puzzle," NBER Working Papers 3465, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

Journal articles

2009

1. Chen, Yuyu & Li, Hongbin, 2009. "Mother's education and child health: Is there a nurturing effect?," Journal of Health Economics, Elsevier, vol. 28(2), pages 413-426, March. [Downloadable!] (restricted)
2. Douglas Almond & Yuyu Chen & Michael Greenstone & Hongbin Li, 2009. "Winter Heating or Clean Air? Unintended Impacts of China's Huai River Policy," American Economic Review, American Economic Association, vol. 99(2), pages 184-90, May. [Downloadable!]
3. Hongbin Cai & Yuyu Chen & Hanming Fang, 2009. "Observational Learning: Evidence from a Randomized Natural Field Experiment," American Economic Review, American Economic Association, vol. 99(3), pages 864-82, June. [Downloadable!]
4. Lu, Jiangyong & Tao, Zhigang, 2009. "Trends and determinants of China's industrial agglomeration," Journal of Urban Economics, Elsevier, vol. 65(2), pages 167-180, March. [Downloadable!] (restricted)
5. Wu, Liansheng & Yue, Heng, 2009. "Corporate tax, capital structure, and the accessibility of bank loans: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 33(1), pages 30-38, January. [Downloadable!] (restricted)
6. Hansheng Wang & Bo Li & Chenlei Leng, 2009. "Shrinkage tuning parameter selection with a diverging number of parameters," Journal Of The Royal Statistical Society Series B, Royal Statistical Society, vol. 71(3), pages 671-683. [Downloadable!] (restricted)
7. Wang, Hansheng & Xia, Yingcun, 2009. "Shrinkage Estimation of the Varying Coefficient Model," Journal of the American Statistical Association, American Statistical Association, vol. 104(486), pages 747-757. [Downloadable!] (restricted)
8. Hongbin Cai, 2009. "Costly participation and heterogeneous preferences in informational committees," RAND Journal of Economics, RAND Corporation, vol. 40(1), pages 173-189. [Downloadable!] (restricted)
9. Antonio E. Bernardo & Hongbin Cai & Jiang Luo, 2009. "Motivating Entrepreneurial Activity in a Firm," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 22(3), pages 1089-1118, March. [Downloadable!] (restricted)
10. Hongbin Cai & Qiao Liu, 2009. "Competition and Corporate Tax Avoidance: Evidence from Chinese Industrial Firms," Economic Journal, Royal Economic Society, vol. 119(537), pages 764-795, 04. [Downloadable!] (restricted)
11. Hongbin Cai & Ichiro Obara, 2009. "Firm reputation and horizontal integration," RAND Journal of Economics, RAND Corporation, vol. 40(2), pages 340-363. [Downloadable!] (restricted)
12. Wang, Yaping & Wu, Liansheng & Yang, Yunhong, 2009. "Does the stock market affect firm investment in China? A price informativeness perspective," Journal of Banking & Finance, Elsevier, vol. 33(1), pages 53-62, January. [Downloadable!] (restricted)

2008

1. Cui, Xiaoyong & Gong, Liutang, 2008. "Foreign aid, domestic capital accumulation, and foreign borrowing," Journal of Macroeconomics, Elsevier, vol. 30(3), pages 1269-1284, September. [Downloadable!] (restricted)
2. Liutang Gong, 2008. "Social status, inflation uncertainty and growth in a cash-in-advance economy," International Economic Journal, Korean International Economic Association, vol. 22(3), pages 299-314. [Downloadable!] (restricted)
3. Cui, Xiaoyong & Gong, Liutang & Yang, Jianfang & Zou, Heng-fu, 2008. "Marshallian time preferences and monetary non-neutrality," Economic Modelling, Elsevier, vol. 25(6), pages 1196-1205, November. [Downloadable!] (restricted)
4. Tian, Lihui & Estrin, Saul, 2008. "Retained state shareholding in Chinese PLCs: Does government ownership always reduce corporate value?," Journal of Comparative Economics, Elsevier, vol. 36(1), pages 74-89, March. [Downloadable!] (restricted)
5. Jiang, Guohua & Wang, Hansheng, 2008. "Should earnings thresholds be used as delisting criteria in stock market?," Journal of Accounting and Public Policy, Elsevier, vol. 27(5), pages 409-419. [Downloadable!] (restricted)
6. Da Huang & Hansheng Wang & Qiwei Yao, 2008. "Estimating GARCH models: when to use what?," Econometrics Journal, Royal Economic Society, vol. 11(1), pages 27-38, 03. [Downloadable!] (restricted)
7. Wang, Hansheng & Xia, Yingcun, 2008. "Sliced Regression for Dimension Reduction," Journal of the American Statistical Association, American Statistical Association, vol. 103, pages 811-821, June. [Downloadable!] (restricted)
8. Wang, Hansheng & Leng, Chenlei, 2008. "A note on adaptive group lasso," Computational Statistics & Data Analysis, Elsevier, vol. 52(12), pages 5277-5286, August. [Downloadable!] (restricted)
9. Ronghua Luo & Hansheng Wang, 2008. "A composite logistic regression approach for ordinal panel data regression," International Journal of Data Analysis Techniques and Strategies, Inderscience Enterprises Ltd, vol. 1(1), pages 29-43, January. [Downloadable!] (restricted)
10. Arthur Cohen & H. B. Sackrowitz & Minya Xu & Steven Buyske, 2008. "A family of Bayes multiple testing procedures," Biometrika, Oxford University Press for Biometrika Trust, vol. 95(2), pages 295-305. [Downloadable!] (restricted)
11. Bai, Yunxia & Chen, Shaw K. & Lin, Bing-Xuan & Wu, Liansheng, 2008. "Firm performance, asset acquisition and the method of controlling rights transfer: Evidence from the Chinese market," International Review of Economics & Finance, Elsevier, vol. 17(1), pages 138-149. [Downloadable!] (restricted)
12. Yaping Wang & Shaw Chen & Bing-Xuan Lin & Liansheng Wu, 2008. "The frequency and magnitude of earnings management in China," Applied Economics, Taylor and Francis Journals, vol. 40(24), pages 3213-3225. [Downloadable!] (restricted)
13. Jie Ma, 2008. "Is An Export Subsidy A Robust Trade Policy Recommendation Toward A Unionized Duopoly?," Economics and Politics, Blackwell Publishing, vol. 20(2), pages 141-155, 06. [Downloadable!] (restricted)

2007

1. Chen, Yuyu & Zhou, Li-An, 2007. "The long-term health and economic consequences of the 1959-1961 famine in China," Journal of Health Economics, Elsevier, vol. 26(4), pages 659-681, July. [Downloadable!] (restricted)
2. Gong, Liutang & Smith, William & Zou, Heng-fu, 2007. "Consumption and Risk with hyperbolic discounting," Economics Letters, Elsevier, vol. 96(2), pages 153-160, August. [Downloadable!] (restricted)
3. Tian, Lihui, 2007. "Does government intervention help the Chinese automobile industry? A comparison with the Chinese computer industry," Economic Systems, Elsevier, vol. 31(4), pages 364-374, December. [Downloadable!] (restricted)
4. Lihui Tian & Saul Estrin, 2007. "Debt financing, soft budget constraints, and government ownership," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 15, pages 461-481, 07. [Downloadable!] (restricted)
5. Hongbin Li & Scott Rozelle & Li-An Zhou, 2007. "Incentive contracts and bank performance," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 15(1), pages 109-124, 03. [Downloadable!] (restricted)
6. Wang, Hansheng & Li, Guodong & Jiang, Guohua, 2007. "Robust Regression Shrinkage and Consistent Variable Selection Through the LAD-Lasso," Journal of Business & Economic Statistics, American Statistical Association, vol. 25, pages 347-355, July. [Downloadable!] (restricted)
7. Wang, Hansheng, 2007. "A note on iterative marginal optimization: a simple algorithm for maximum rank correlation estimation," Computational Statistics & Data Analysis, Elsevier, vol. 51(6), pages 2803-2812, March. [Downloadable!] (restricted)
8. Hansheng Wang & Guodong Li & Chih-Ling Tsai, 2007. "Regression coefficient and autoregressive order shrinkage and selection via the lasso," Journal Of The Royal Statistical Society Series B, Royal Statistical Society, vol. 69(1), pages 63-78. [Downloadable!] (restricted)
9. Wang, Hansheng & Leng, Chenlei, 2007. "Unified LASSO Estimation by Least Squares Approximation," Journal of the American Statistical Association, American Statistical Association, vol. 102, pages 1039-1048, September. [Downloadable!] (restricted)
10. Hansheng Wang & Runze Li & Chih-Ling Tsai, 2007. "Tuning parameter selectors for the smoothly clipped absolute deviation method," Biometrika, Oxford University Press for Biometrika Trust, vol. 94(3), pages 553-568. [Downloadable!] (restricted)
11. Cai, Hongbin & Riley, John & Ye, Lixin, 2007. "Reserve price signaling," Journal of Economic Theory, Elsevier, vol. 135(1), pages 253-268, July. [Downloadable!] (restricted)
12. Liu, Xiaoquan & Shackleton, Mark B. & Taylor, Stephen J. & Xu, Xinzhong, 2007. "Closed-form transformations from risk-neutral to real-world distributions," Journal of Banking & Finance, Elsevier, vol. 31(5), pages 1501-1520, May. [Downloadable!] (restricted)
13. Jiang, Guohua, 2007. "Stock performance and the mispricing of accruals," The International Journal of Accounting, Elsevier, vol. 42(2), pages 153-170. [Downloadable!] (restricted)
14. Wu, Liansheng & Wang, Yaping & Lin, Bing-Xuan & Li, Chen & Chen, Shaw, 2007. "Local tax rebates, corporate tax burdens, and firm migration: Evidence from China," Journal of Accounting and Public Policy, Elsevier, vol. 26(5), pages 555-583. [Downloadable!] (restricted)
15. Ingham, Alan & Ma, Jie & Ulph, Alistair, 2007. "Climate change, mitigation and adaptation with uncertainty and learning," Energy Policy, Elsevier, vol. 35(11), pages 5354-5369, November. [Downloadable!] (restricted)

2006

1. Xiaoyong, Cui & Gong, Liutang, 2006. "Laplace transform methods for linearizing multidimensional systems," Economics Letters, Elsevier, vol. 90(2), pages 176-182, February. [Downloadable!] (restricted)
2. Liutang Gong, 2006. "Endogenous Time Preference, Inflation, and Capital Accumulation," Journal of Economics, Springer, vol. 87(3), pages 241-255, 04. [Downloadable!] (restricted)
3. Gong Liutang & Zhu Shenghao, 2006. "Does observational equivalence always hold in hyperbolic discounting models?," Economics Bulletin, Economics Bulletin, vol. 5(8), pages 1-8. [Downloadable!]
4. Chong-En Bai & Jiangyong Lu & Zhigang Tao, 2006. "The Multitask Theory of State Enterprise Reform: Empirical Evidence from China," American Economic Review, American Economic Association, vol. 96(2), pages 353-357, May. [Downloadable!]
5. Chong-En Bai & Jiangyong Lu & Zhigang Tao, 2006. "Property rights protection and access to bank loans," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 14(4), pages 611-628, October. [Downloadable!] (restricted)
6. Alok Kumar & Charles M.C. Lee, 2006. "Retail Investor Sentiment and Return Comovements," Journal of Finance, American Finance Association, vol. 61(5), pages 2451-2486, October. [Downloadable!] (restricted)
7. Daouk, Hazem & Lee, Charles M.C. & Ng, David, 2006. "Capital market governance: How do security laws affect market performance?," Journal of Corporate Finance, Elsevier, vol. 12(3), pages 560-593, June. [Downloadable!] (restricted)
8. Depken II, Craig A. & Ford, Jon M., 2006. "Customer-based discrimination against major league baseball players: Additional evidence from All-star ballots," The Journal of Socio-Economics, Elsevier, vol. 35(6), pages 1061-1077, December. [Downloadable!] (restricted)
9. Cai, Hongbin & Wang, Joseph Tao-Yi, 2006. "Overcommunication in strategic information transmission games," Games and Economic Behavior, Elsevier, vol. 56(1), pages 7-36, July. [Downloadable!] (restricted)
10. Baik, Bok & Jiang, Guohua, 2006. "The use of management forecasts to dampen analysts' expectations," Journal of Accounting and Public Policy, Elsevier, vol. 25(5), pages 531-553. [Downloadable!] (restricted)

2005

1. Li, Hongbin & Zhou, Li-An, 2005. "Political turnover and economic performance: the incentive role of personnel control in China," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1743-1762, September. [Downloadable!] (restricted)
2. Chen, Ye & Li, Hongbin & Zhou, Li-An, 2005. "Relative performance evaluation and the turnover of provincial leaders in China," Economics Letters, Elsevier, vol. 88(3), pages 421-425, September. [Downloadable!] (restricted)
3. Hongbin Li & Xianguo Yao & Junsen Zhang & Li-An Zhou, 2005. "Parental childcare and children's educational attainment: evidence from China," Applied Economics, Taylor and Francis Journals, vol. 37(18), pages 2067-2076, October. [Downloadable!] (restricted)
4. Hongbin Cai & Daniel Treisman, 2005. "Does Competition for Capital Discipline Governments? Decentralization, Globalization, and Public Policy," American Economic Review, American Economic Association, vol. 95(3), pages 817-830, June. [Downloadable!]
5. Brennan, Michael J. & Henry Cao, H. & Strong, Norman & Xu, Xinzhong, 2005. "The dynamics of international equity market expectations," Journal of Financial Economics, Elsevier, vol. 77(2), pages 257-288, August. [Downloadable!] (restricted)

2004

1. Chong-En Bai & Zhigang Tao & Changqi Wu, 2004. "Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures," RAND Journal of Economics, The RAND Corporation, vol. 35(2), pages 277-305, Summer.
2. Narasimhan Jegadeesh & Joonghyuk Kim & Susan D. Krische & Charles M. C. Lee, 2004. "Analyzing the Analysts: When Do Recommendations Add Value?," Journal of Finance, American Finance Association, vol. 59(3), pages 1083-1124, 06. [Downloadable!] (restricted)
3. Cai, Hongbin & Treisman, Daniel, 2004. "State corroding federalism," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 819-843, March. [Downloadable!] (restricted)
4. Hongbin Cai & Walter Cont, 2004. "Agency Problems and Commitment in Delegated Bargaining," Journal of Economics & Management Strategy, Blackwell Publishing, vol. 13(4), pages 703-729, December. [Downloadable!] (restricted)
5. Pong, Shiuyan & Shackleton, Mark B. & Taylor, Stephen J. & Xu, Xinzhong, 2004. "Forecasting currency volatility: A comparison of implied volatilities and AR(FI)MA models," Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2541-2563, October. [Downloadable!] (restricted)
6. Daniel Chi-Hsiou Hung & Mark Shackleton & Xinzhong Xu, 2004. "CAPM, Higher Co-moment and Factor Models of UK Stock Returns," Journal of Business Finance & Accounting, Blackwell Publishing, vol. 31(1-2), pages 87-112. [Downloadable!] (restricted)

2003

1. Yuyu Chen & Li-An Zhou, 2003. "How Prudent are Community Representative Consumers?," Topics in Macroeconomics, Berkeley Electronic Press, vol. 3(1), pages 1057-1057. [Downloadable!] (restricted)
2. Liutang Gong, 2003. "Comments on `Dynamics of income distribution'," Canadian Journal of Economics, Canadian Economics Association, vol. 36(4), pages 1026-1033, November. [Downloadable!] (restricted)
3. Gong, Liutang & Zou, Heng-fu, 2003. "Military spending and stochastic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 28(1), pages 153-170, October. [Downloadable!] (restricted)
4. Huang, Zhangkai, 2003. "Evidence of a bank lending channel in the UK," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 491-510, March. [Downloadable!] (restricted)
5. Sanjeev Bhojraj & Charles M. C. Lee & Derek K. Oler, 2003. "What's My Line? A Comparison of Industry Classification Schemes for Capital Market Research," Journal of Accounting Research, Blackwell Publishing, vol. 41(5), pages 745-774, December. [Downloadable!] (restricted)
6. Hongbin Cai, 2003. "War or Peace," Contributions to Economic Analysis & Policy, Berkeley Electronic Press, vol. 2(1), pages 1052-1052. [Downloadable!] (restricted)
7. Hongbin Cai, 2003. "Inefficient Markov perfect equilibria in multilateral bargaining," Economic Theory, Springer, vol. 22(3), pages 583-606, October. [Downloadable!] (restricted)
8. Cai, Hongbin, 2003. " A Theory of Joint Asset Ownership," RAND Journal of Economics, The RAND Corporation, vol. 34(1), pages 63-77, Spring.
9. Norman Strong & Xinzhong Xu, 2003. "Understanding the Equity Home Bias: Evidence from Survey Data," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 307-312, 03. [Downloadable!] (restricted)
10. Weimin Liu & Norman Strong & Xinzhong Xu, 2003. "Post-earnings-announcement Drift in the UK," European Financial Management, Blackwell Publishing Ltd, vol. 9(1), pages 89-116. [Downloadable!] (restricted)

2002

1. David D. Li & Changqi Wu, 2002. "The Colour of the Cats," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 133-146. [Downloadable!]
2. Gong, Liutang & Zou, Heng-fu, 2002. "Direct preferences for wealth, the risk premium puzzle, growth, and policy effectiveness," Journal of Economic Dynamics and Control, Elsevier, vol. 26(2), pages 247-270, February. [Downloadable!] (restricted)
3. Gong, Liutang & Zou, Heng-fu, 2002. "Optimal taxation and intergovernmental transfer in a dynamic model with multiple levels of government," Journal of Economic Dynamics and Control, Elsevier, vol. 26(12), pages 1975-2003, October. [Downloadable!] (restricted)
4. Bojanic, Antonio N. & Caudill, Steven B. & Ford, Jon M., 2002. "Small sample properties of ML, COLS and DEA estimators of frontier models in the presence of heteroscedasticity: A reply to Banker, Chang, and Cooper," European Journal of Operational Research, Elsevier, vol. 136(2), pages 468-469, January. [Downloadable!] (restricted)
5. Shao J. & Wang H., 2002. "Sample Correlation Coefficients Based on Survey Data Under Regression Imputation," Journal of the American Statistical Association, American Statistical Association, vol. 97, pages 544-552, June. [Downloadable!] (restricted)

2001

1. Cheng, Leonard K. & Wu, Changqi, 2001. "Determinants of the Performance of Foreign Invested Enterprises in China," Journal of Comparative Economics, Elsevier, vol. 29(2), pages 347-365, June. [Downloadable!] (restricted)
2. Gong, Liutang & Zou, Heng-fu, 2001. "Foreign Aid Reduces Labor Supply and Capital Accumulation," Review of Development Economics, Blackwell Publishing, vol. 5(1), pages 105-18, February. [Downloadable!] (restricted)
3. Gong, Liutang & Zou, Heng-Fu, 2001. "Money, Social Status, and Capital Accumulation in a Cash-in-Advance Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 284-93, May.
4. Lee, Charles M. C., 2001. "Market efficiency and accounting research: a discussion of 'capital market research in accounting' by S.P. Kothari," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 233-253, September. [Downloadable!] (restricted)
5. Bernardo, Antonio E. & Cai, Hongbin & Luo, Jiang, 2001. "Capital budgeting and compensation with asymmetric information and moral hazard," Journal of Financial Economics, Elsevier, vol. 61(3), pages 311-344, September. [Downloadable!] (restricted)
6. Li, Shuhe & Zhang, Weiying, 2001. "Optimal assignment of principalship in teams," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 105-127, January. [Downloadable!] (restricted)

2000

1. Charles M.C. Lee & Bhaskaran Swaminathan, 2000. "Price Momentum and Trading Volume," Journal of Finance, American Finance Association, vol. 55(5), pages 2017-2069, October. [Downloadable!] (restricted)
2. Lee, Charles M. C. & Radhakrishna, Balkrishna, 2000. "Inferring investor behavior: Evidence from TORQ data," Journal of Financial Markets, Elsevier, vol. 3(2), pages 83-111, May. [Downloadable!] (restricted)
3. Ford, Jon M. & Kaserman, David L., 2000. "Ownership structure and the quality of medical care: evidence from the dialysis industry," Journal of Economic Behavior & Organization, Elsevier, vol. 43(3), pages 279-293, November. [Downloadable!] (restricted)
4. Cai, Hongbin, 2000. "Bargaining on Behalf of a Constituency," Journal of Economic Theory, Elsevier, vol. 92(2), pages 234-273, June. [Downloadable!] (restricted)
5. Cai, Hongbin, 2000. "Delay in Multilateral Bargaining under Complete Information," Journal of Economic Theory, Elsevier, vol. 93(2), pages 260-276, August. [Downloadable!] (restricted)
6. Li, Shaomin & Li, Shuhe & Zhang, Weiying, 2000. "The Road to Capitalism: Competition and Institutional Change in China," Journal of Comparative Economics, Elsevier, vol. 28(2), pages 269-292, June. [Downloadable!] (restricted)

1999

1. Charles M. C. Lee & James Myers & Bhaskaran Swaminathan, 1999. "What is the Intrinsic Value of the Dow?," Journal of Finance, American Finance Association, vol. 54(5), pages 1693-1741, October. [Downloadable!] (restricted)
2. Craig Depken & Jon Ford, 1999. "NAFTA as a Means of Raising Rivals' Costs," Review of Industrial Organization, Springer, vol. 15(2), pages 103-113, September. [Downloadable!] (restricted)
3. Weimin Lui & Norman Strong & Xinzhong Xu, 1999. "The Profitability of Momentum Investing," Journal of Business Finance & Accounting, Blackwell Publishing, vol. 26(9-10), pages 1043-1091. [Downloadable!] (restricted)

1998

1. Changqi Wu & K.C. Wei, 1998. "Cooperative R&D and the Value of the Firm," Review of Industrial Organization, Springer, vol. 13(4), pages 425-446, August. [Downloadable!] (restricted)
2. Frankel, Richard & Lee, Charles M. C., 1998. "Accounting valuation, market expectation, and cross-sectional stock returns," Journal of Accounting and Economics, Elsevier, vol. 25(3), pages 283-319, June. [Downloadable!] (restricted)
3. Bojani, Antonio N. & Caudill, Steven B. & Ford, Jon M., 1998. "Small-sample properties of ML, COLS, and DEA estimators of frontier models in the presence of heteroscedasticity," European Journal of Operational Research, Elsevier, vol. 108(1), pages 140-148, July. [Downloadable!] (restricted)
4. Zhang, Weiying, 1998. " A Principal-Agent Theory of the Public Economy and Its Applications to China," Economic Change and Restructuring, Springer, vol. 31(2-3), pages 231-51. [Downloadable!] (restricted)
5. Weiying Zhang, 1998. "A Principal-agent Theory of the Public Economy and Its Applications to China," Economic Change and Restructuring, Springer, vol. 31(2), pages 231-251, May. [Downloadable!] (restricted)

1997

1. Tao, Zhigang & Wu, Changqi, 1997. "On the organization of cooperative research and development: Theory and evidence," International Journal of Industrial Organization, Elsevier, vol. 15(5), pages 573-596, August. [Downloadable!] (restricted)
2. Jon M. Ford & Henry Thompson, 1997. "Global Sensitivity Of Neoclassical And Factor Proportions Models To Production Technology," International Economic Journal, Korean International Economic Association, vol. 11(3), pages 61-74, October. [Downloadable!] (restricted)
3. Afsaneh Assadian & Jon Ford, 1997. "Determinants of business failure: The role of firm size," Journal of Economics and Finance, Springer, vol. 21(1), pages 15-23, March. [Downloadable!] (restricted)
4. Franklin Mixon & Steven Caudill & Jon Ford & Ter Peng, 1997. "The rise (or fall) of lottery adoption within the logic of collective action: Some empirical evidence," Journal of Economics and Finance, Springer, vol. 21(1), pages 43-49, March. [Downloadable!] (restricted)
5. Taylor, Stephen J. & Xu, Xinzhong, 1997. "The incremental volatility information in one million foreign exchange quotations," Journal of Empirical Finance, Elsevier, vol. 4(4), pages 317-340, December. [Downloadable!] (restricted)
6. Zhang, Weiying, 1997. "Decision rights, residual claim and performance: A theory of how the Chinese state enterprise reform works," China Economic Review, Elsevier, vol. 8(1), pages 67-82. [Downloadable!] (restricted)

1996

1. Handley, Kathleen Weiss & Lee, Charles M. C. & Seguin, Paul L., 1996. "The Marketing of Closed-end Fund IPOs: Evidence from Transactions Data," Journal of Financial Intermediation, Elsevier, vol. 5(2), pages 127-159, April. [Downloadable!] (restricted)

1995

1. Bodurtha, James N, Jr & Kim, Dong-Soon & Lee, Charles M C, 1995. "Closed-End Country Funds and U.S. Market Sentiment," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 8(3), pages 879-918. [Downloadable!] (restricted)
2. Caudill, Steven B & Ford, Jon M & Gropper, Daniel M, 1995. "Frontier Estimation and Firm-Specific Inefficiency Measures in the Presence of Heteroscedasticity," Journal of Business & Economic Statistics, American Statistical Association, vol. 13(1), pages 105-11, January.
3. Caudill, Steven B & Ford, Jon M & Kaserman, David L, 1995. "Certificate-of-Need Regulation and the Diffusion of Innovations: A Random Coefficient Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(1), pages 73-78, Jan.-Marc. [Downloadable!] (restricted)
4. Xu, Xinzhong & Taylor, Stephen J., 1995. "Conditional volatility and the informational efficiency of the PHLX currency options market," Journal of Banking & Finance, Elsevier, vol. 19(5), pages 803-821, August. [Downloadable!] (restricted)

1994

1. Lee, Charles M C & Ready, Mark J & Seguin, Paul J, 1994. " Volume, Volatility, and New York Stock Exchange Trading Halts," Journal of Finance, American Finance Association, vol. 49(1), pages 183-214, March. [Downloadable!] (restricted)
2. Xu, Xinzhong & Taylor, Stephen J., 1994. "The Term Structure of Volatility Implied by Foreign Exchange Options," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 29(01), pages 57-74, March. [Downloadable!]

1993

1. Lee, Charles M C, 1993. " Market Integration and Price Execution for NYSE-Listed Securities," Journal of Finance, American Finance Association, vol. 48(3), pages 1009-38, July. [Downloadable!] (restricted)
2. Lee, Charles M C & Mucklow, Belinda & Ready, Mark J, 1993. "Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 6(2), pages 345-74. [Downloadable!] (restricted)
3. Caudill, Steven B. & Ford, Jon M., 1993. "Biases in frontier estimation due to heteroscedasticity," Economics Letters, Elsevier, vol. 41(1), pages 17-20. [Downloadable!] (restricted)

1992

1. Lee, Charles M. C., 1992. "Earnings news and small traders : An intraday analysis," Journal of Accounting and Economics, Elsevier, vol. 15(2-3), pages 265-302, August. [Downloadable!] (restricted)

1991

1. Lee, Charles M C & Ready, Mark J, 1991. " Inferring Trade Direction from Intraday Data," Journal of Finance, American Finance Association, vol. 46(2), pages 733-46, June. [Downloadable!] (restricted)
2. Lee, Charles M C & Shleifer, Andrei & Thaler, Richard H, 1991. " Investor Sentiment and the Closed-End Fund Puzzle," Journal of Finance, American Finance Association, vol. 46(1), pages 75-109, March. [Downloadable!] (restricted)

1990

1. Lee, Charles M C & Shleifer, Andrei & Thaler, Richard H, 1990. "Closed-End Mutual Funds," Journal of Economic Perspectives, American Economic Association, vol. 4(4), pages 153-64, Fall. [Downloadable!] (restricted)

Chapters

2007

1. Hongbin Cai & Yasuyuki Todo & Li-An Zhou, 2007. "Do Multinationals' R&D Activities Stimulate Indigenous Entrepreneurship? Evidence from China's "Silicon Valley"," NBER Chapters, in: Entrepreneurship: Strategy and Structure National Bureau of Economic Research, Inc. [Downloadable!]

2004

1. David D. Li & Changqi Wu, 2004. "GATT/WTO Accession and Productivity," NBER Chapters, in: Growth and Productivity in East Asia, NBER-East Asia Seminar on Economics, Volume 13, pages 109-148 National Bureau of Economic Research, Inc. [Downloadable!]

2000

1. Changqi Wu & Leonard K. Cheng, 2000. "Hong Kong’s Business Regulation in Transition," NBER Chapters, in: Deregulation and Interdependence in the Asia-Pacific Region, NBER-EASE Volume 8, pages 157-194 National Bureau of Economic Research, Inc. [Downloadable!]

This page was last updated on 2009-11-1.