Say on Pay and the "Quiet Life" of Boards
Accounting Seminar (2019-15)Topic:Say on Pay and the "Quiet Life" of BoardsSpeaker:Lin Qiu, Assistant Professor,University of Hong KongTime: Wednesday, 13 Nov, 10:00-11:30Location: Room K02, Guanghua Building 2Abstract:The rapid rise in CEO pay over the past decades has fueled an intensive debate on corporate governance. Fiduciary duty rules are supposed to safeguard shareholders' interests whe...
Common Bubble Detection in Large-Dimensional Financial Systems
Statistics Seminar (2019-23) Title: Common Bubble Detection in Large-Dimensional Financial SystemsSpeaker: Ye Chen, Capital University of Economics and BusinessTime: Thursday, November 7, 14:00-15:00Place: Room 217, Guanghua Building 2Abstract:Price bubbles in multiple assets are sometimes nearly coincident in occurrence. Such near-coincidence is strongly suggestive of co-movement in the associ...
Attention, Uncertainty Reduction and Pre-announcement Premium in China
Finance Seminar（2019-30)Topic: Attention, Uncertainty Reduction and Pre-announcement Premium in ChinaSpeaker: Dun Jia, Renmin University of ChinaTime: Wednesday, 6 November, 10:00-11:30Location: Room 217, Guanghua Building 2Abstract:This paper examines Chinese stock market returns in an environment in which the dates of central bank's information supply through public announcements are not pre...
Robust Statistics and Generative Adversarial Networks
Statistics Seminar (2019- 22) Title: Robust Statistics and Generative Adversarial NetworksSpeaker: Yuan Yao, Hong Kong University of Science and TechnologyTime: Thursday, October 31, 14:00-15:00Place: Room 217, Guanghua Building 2Abstract:Robust estimation under Huber's contamination model has become an important topic in statistics and theoretical computer science. Statistically optimal proced...
Optimism and Extrapolation in Home-Price Beliefs
Finance Seminar（2019-29)Topic: Optimism and Extrapolation in Home-Price BeliefsSpeaker: Haoyang Liu, Federal Reserve Bank of New YorkTime: Wednesday, 30 October, 10:00-11:30Location: Room 217, Guanghua Building 2Abstract:Motivated to explain credit cycles and the exuberance of the pre-crisis housing boom, modern macroeconomic and asset pricing models frequently allow some agents to hold extrap...
Money, Bitcoin, and Monetary Policy
?Economics Seminar（2019-17）Topic:Money, Bitcoin, and Monetary PolicySpeaker:Seungduck Lee,Sungkyunkwan UniversityTime:Tuesday,Oct. 29, 13:30-15:00Location:Room 217, Guanghua Building 2Abstract:We develop a search theoretic model where both money and Bitcoin can be used as a medium of exchanges, and currency choices are endogenously determined. Quantitative analysis shows that Bitcoin can mea...
Peer Effects in Bank Loan Accounting
Accounting Seminar (2019-14)Topic：Peer Effects in Bank Loan AccountingSpeaker：Charles Shi,Associate Professor,National University of Singapore Business SchoolTime: Monday, 28 Oct, 13:30-15:00Location: Room 217, Guanghua Building 2Abstract:This is the first study documenting evidence that peer banks play a significant role in determining a bank’s accounting for loan loss provisions. Specifica...
Bootstrap inference for the finite population total under complex sampling designs
Statistics Seminar (2019-21) Title: Bootstrap inference for the finite population total under complex sampling designsSpeaker: 王中雷, 廈門大學王亞南經濟研究院Time: Thursday, October 24, 14:00-15:00Place: Room 217, Guanghua Building 2Abstract:Bootstrap is a useful tool for making statistical inference, but it may provide erroneous results under complex survey sampling. Most studies about bootst...
?光華思想力·金融政策與實踐系列講座第六期演講題目：聯邦學習在金融行業的實踐：問題，方法及應用演講嘉賓：范力欣（微眾銀行人工智能首席科學家）時 ? ?? 間：2019年10月23日（周三）10:00-11:30地 ? ?? 點：光華2號樓217室主辦單位：北京大學光華管理學院金融學系講座簡介：這次演講將集中介紹聯邦學習在金融行業中所解決的實際問題，以及帶來的行業影響。針對金融應用領域中標注數據的嚴重不足，導致許多優秀算法模型無法...
Incentive schemes, framing, and market behaviour: evidence from an asset-market experiment
?Accounting Seminar (2019-13)Topic: Incentive schemes, framing, and market behaviour: evidence from an asset-market experimentSpeaker: Xuegang Cui,Professor,Business School, Beijing Normal UniversityTime: Wednesday, 23 Oct, 10:00-11:30Location: Room K02, Guanghua Building 2Abstract:We investigate how asset prices and trading behaviour are impacted by the structure and framing of incentives, us...