Anatomy of the Treasury Market: Who Moves Yields?

Manav Chaudhary¹, Zhiyu Fu², Haonan Zhou³

1: University of Chicago, Booth School of Business; 2: Washington University in St. Louis, Olin School of Business; 3: University of Hong Kong, Hong Kong S.A.R. (China)

Diffused Errors along Technology Spillovers: Evidence from the 510(k) Medical Device Market

Po-Hsuan Hsu¹, Kyungran Lee², S. Katie Moon³, Seungjoon Oh⁴

1: National Tsing Hua University; 2: Neoma Business School; 3: University of Colorado; 4: Peking University

Set in Stone: The Persistence and Origin of Corporate Culture

Kai Li¹, Yu-Jane Liu², Ruichang Lu², Kaihao Qian², Xiaojun Zhang²

1: University of British Columbia, Sauder School of Business; 2: Peking University, Guanghua School of Management,

Mosaics of Predictability

Lin William Cong¹, Guanhao Feng², Jingyu He², Yuanzhi Wang²

1: Cornell University SC Johnson College of Business (Johnson) and NBER; 2: City University of Hong Kong, Hong Kong S.A.R. (China)

What Quantity of Reserves Is Sufficient?

Yilin {David} Yang

City University of Hong Kong, Hong Kong S.A.R. (China)

Healthy Returns: The Impact of Paid Sick Leave on Hospital Healthcare Quality

Jie Cao¹, Lei Lei¹, Linjia Song², Xintong Zhan³

1: Hong Kong Polytechnic University, China, People's Republic of; 2: Xiamen University; 3: Fudan University

Valuing Ideological Customer Capital: Measurement through Procurement

Winston Dou¹, Yan Ji², David Reibstein², Di Tian³

1: University of Pennsylvania and NBER; 2: HKUST, Hong Kong S.A.R. (China); 3: University of Pennsylvania

Anomaly-driven demand

Anders Merrild Posselt, Mads Markvart Kjær

Aarhus University, Denmark

A Nascent International Financial Channel of China’s Monetary Policy Transmission

Chang Ma¹, Alessandro Rebucci², Sili Zhou³

1: Fudan University; 2: Johns Hopkins University; 3: University of Macau, Macau S.A.R. (China)

Hidden Medical Debt and Consumer Access to Credit

Elena Loutskina, Joonsung Won

University of Virginia, United States of America

From CeFi to DeFi: What does Investors (Mis)trust?

Shaokai Ding¹, Wenzhi Ding², Chen Lin³

1: Manchester University, Manchester (U.K.); 2: The Hong Kong Polytechnic University, Hong Kong S.A.R. (China); 3: The University of Hong Kong, Hong Kong S.A.R. (China)

Belief Skewness in the Stock Market

Arthur Beddock¹, Paul Karehnke²

1: City University of Hong Kong; 2: ESCP Business School

Illiquidity Meets Intelligence: AI-Driven Price Discovery in Corporate Bonds

Stacey Jacobsen, Kumar Venkataraman, David Xu

Southern Methodist University, United States of America

Asset Pricing with "Buy Now, Pay Later"

Semyon Malamud¹, Neng Wang², Yuan Zhang³

1: Swiss Finance Institute, EPFL, and CEPR, Switzerland; 2: Cheung Kong Graduate School of Business and NBER, China; 3: Shanghai University of Finance and Economics, China

Nationalistic Labor Policies Hinder Financial Innovation

Francesco D'Acunto¹, Hengyi Huang², Michael Weber³, Jin Xie⁴, Liu Yang⁵

1: McDonough School of Business, Georgetown University; 2: Tilburg University; 3: Chicago Booth School of Business and NBER; 4: Peking University HSBC Business School; 5: University of Maryland

How green is green? Anatomy of ESG funds’ selection

Dunhong Jin, Roni Michaely, Menghan Wang

University of Hong Kong, Hong Kong S.A.R. (China)

The Risk and Return of Stocks and Bonds

Alex Dickerson¹, Mathieu Fournier¹, Jan Ericsson², Piotr Orlowski³

1: UNSW business school, Australia; 2: Mc Gill University; 3: HEC Montreal

The Distribution Side of Insurance Markets

Jiaxing Tian¹, Li An², Wei Huang³, Dong Lou⁴, Yongxiang Wang⁵

1: Chinese University of Hong Kong, Shenzhen; 2: Tsinghua PBC School of Finance; 3: University of International Business and Economics; 4: Hong Kong University of Science and Technology and CEPR; 5: Shanghai Advanced Institute of Finance

Labor Unrest and Socially Responsible Hiring

Bohui Zhang¹, Jiaxing You², Haikun Zhu³

1: Xiamen University; 2: The Chinese University of Hong Kong (Shenzhen); 3: China Europe International Business School, China, People's Republic of

Oil-Driven Greenium

Zhan Shi¹, Shaojun Zhang²

1: Tsinghua University, China, People's Republic of; 2: The Ohio State University

What Drives Global Corporate Bond Returns?

Jiarui Deng¹, Kewei Hou², Zhan Shi¹

1: PBC School of Finance, Tsinghua University, Beijing, 100083, China; 2: Fisher College of Business, Ohio State University, Columbus, OH 43210

Leasing as a corporate risk management mechanism

Weiwei Hu¹, Kai Li¹, Chenjie Xu²

1: Peking University, HSBC Business School, China, People's Republic of; 2: Shanghai University of Finance and Economics

Displacement or Augmentation? The Effects of AI on Workforce Dynamics and Firm Value

Mark Chen¹, Joanna Wang²

1: Georgia State University; 2: Peking University

The Salience of Climate Change and Green Patents Review: Evidence from Climatic Disasters

Jie Cao¹, Tao Shu², Xuan Tian³, Yajing Wang¹, Xintong Zhan⁴

1: The Hong Kong Polytechnic University, Hong Kong S.A.R. (China); 2: The Chinese University of Hong Kong; 3: Tsinghua University; 4: Fudan University