Symposium on China’s Financial Markets
Sponsored by
Bendheim Center for Finance,
Princeton University
Guanghua School of Management,
Peking University
Academy of Finance and
Development, Peking University
July 7, 2012
Beijing, China
Co-Chairs of the Symposium
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Wei
Xiong: Professor of Economics, Department of EconomicsandBendheim Center for Finance, Princeton University
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Yu-Jane
Liu:Professor of Finance, and Chair of Finance Department,
Guanghua School of Management, Peking University
Program Committee
·
Franklin Allen: University of
Pennsylvania
·
Joseph Fan: Chinese University of
Hong Kong
·
Joseph Gyourko: University of
Pennsylvania
·
David Hirshleifer: University of California,
Irvine
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Harrison Hong:Princeton University
·
Tim Jenkinson: Oxford University
·
Li Jin: Harvard University
·
Andrew Karolyi: Cornell University
·
Qiao Liu: Peking University
·
Terrance Odean:University of
California, Berkeley
·
Jay Ritter:University of Florida
·
Shang-Jin Wei:Columbia university
·
Ning Zhu: Shanghai Advanced
Institute of Finance
Venue
Guanghua School of Management,
Peking University
2012中国金融市场论坛
会议日程
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2012年7月6日
下午 地点：光华管理学院1号楼202会议室
主持人：北京大学光华管理学院金融系主任 刘玉珍 |
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15:00 – 15:30 开幕式 致辞人：北京大学党委副书记
于鸿君教授
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15:30 – 16:30 主题演讲 中国银行业监督管理委员会国际部主任
范文仲 |
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16:30 – 17:30 圆桌讨论 议题：中小企业融资
引言人：中信金控副总经理 任正龙
讨论人： 北京大学光华管理学院教授 李怡宗、杨云红、张峥 |
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2012年7月7日
Classroom 110, Building 2,
Guanghua School
Session Chair: Wei Xiong, Princeton University |
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8:20 – 8:55 |
Conference
Registration |
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8:55 – 9:00 |
Welcome
Remarks by Hongbin Cai, Dean of Guanghua School |
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Session
1 9:00 – 9:40 9:40 – 10:20 10:20 – 11:00 |
Paper 1:
Banking Structure, Labor Intensity, and Industrial Growth: Evidence from
China Justin
Y. Lin, World Bank Xifang
Sun, Seoul National University Harry
X. Wu, Hitotsubashi University Discussant:
Qiao Liu, Peking University Paper 2:
Should We Fear an Adverse Collateral Channel Effect on Investment in China? Yongheng
Deng, National University of Singapore Joseph
Gyourko, University of Pennsylvania Jing
Wu, Tsinghua University Discussant:
Jie Gan, Cheung Kong Graduate School of Business Paper 3:
Political Motivation, Overinvestment and Firm Performance Qiao
Liu, Peking University Wei
Luo, Peking University Nianhang
Xu, Renmin University of China Discussant:
Ning Zhu, Shanghai Advanced Institute of Finance |
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11:00
– 11:20 |
Tea
Break |
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11:20 – 12:10 |
Keynote Speech Franklin
Allen, University of Pennsylvania |
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Session
2 13:20
– 14:00 14:00
– 14:40 14:40
– 15:20 |
Session 2: Chinese Investor Behavior and Market
Dynamics Paper 4: Speculation Spillover Jane Liu, Peking University Zheng Zhang, Peking University Longkai Zhao, Peking University Discussant: Martin Schmalz, University of
Michigan Paper 5: New Investors and Bubbles: An Analysis of
the Baosteel Call Warrant Bubble Binglin Gong, Fudan University Deng Pan, Fudan University Donghui Shi, Shanghai Stock Exchange Discussant: Lin Peng, City University of
New York Paper 6: In Search of Concepts: Returns, Trading
Volume and Speculative Demand Owainap Gwilym, Bangor Business School Iftekhar Hasan, Fordham University Qingwei Wang, Bangor Business School Ru Xie, Bangor Business School Discussant: Chunxin Jia, Peking University |
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15:20 –15:40 |
Tea Break |
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Session
3 15:40 –16:20 16:20 –17:00 17:00 – 17:40 |
Session 3: Household Finance Paper 7: Trading for Status Harrison Hong, Princeton University Wenxi
Jiang, Yale University Bin
Zhao, Shanghai Advanced Institute of Finance Discussant:
Bing Han, University of Texas-Austin Paper 8: Status Competition and Housing Prices Shang-Jin Wei, Columbia University Xiaobo Zhang, International Food Policy
Research Institute Yin Liu, Tsinghua University Discussant: Hao Zhou, U.S. Federal Reserve
Board Paper 9: The Life Cycle Model and Household Savings:
Micro Evidence from Urban China Abhijit Banerjee, MIT Xin Meng, Australia National University Nancy Qian, Yale University Discussant: Kelly Shue, University of
Chicago |
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18:00 –19:30 |
Dinner Dining
room in Building #2 of Guanghua School
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