Monday, September 10
8:00 am
Registration
8:30 am
Opening Remarks:
Shang-Jin Wei, Columbia University and NBER
Chong-En Bai, Tsinghua University
8:40 am

Corruption, Government Subsidies, and Innovation: Evidence from China

Lily Fang, INSEAD
Josh Lerner, Harvard University and NBER
Chaopeng Wu, Xiamen University
Qi Zhang, Xiamen University

Discussant:
Guangwei Li, ShanghaiTech University
9:40 am
Coffee/Tea Break
10:00 am

Informal Financing via University Alumni: The Substitution of Political Connections

Haoyuan Ding, Shanghai University of Finance and Economics
Yichuan Hu, Tongji University
Ninghua Zhong, Tongji University

Discussant:
David Schoenherr, Princeton University
11:00 am

Did Scrubbing the Government Clean Up the Air? Polluter Responses to China's Anticorruption Campaign

Douglas Almond, Columbia University and NBER
Valerie J. Karplus, Carnegie Mellon University
Shuang Zhang, Imperial College London

Discussant:
Liguo Lin, Shanghai University of Finance and Economics
12:00 pm
Lunch - Shunde Building, Room 227
1:30 pm

Riding the Credit Boom

Christopher Hansman, Emory University
Harrison Hong, Columbia University and NBER
Wenxi Jiang, Chinese University of Hong Kong
Yu-Jane Liu, Peking University
Juanjuan Meng, Peking University

Discussant:
Dong Lou, London School of Economics
2:30 pm

Leverage-Induced Fire Sales and Stock Market Crashes

Jiangze Bian, University of International Business and Economics
Zhiguo He, Stanford University and NBER
Kelly Shue, Yale University and NBER
Hao Zhou, Tsinghua University

Discussant:
Jinfan Zhang, Chinese University of Hong Kong, Shenzhen
3:30 pm
Coffee/Tea Break
3:50 pm

The Mandarin Model of Growth

Wei Xiong, Princeton University and NBER

Discussant:
Zheng Michael Song, Chinese University of Hong Kong
4:50 pm

The Oriental City: Political Hierarchy and Regional Development in China, AD1000-2000

Ying Bai, Chinese University of Hong Kong
Ruixue Jia, University of California, San Diego and NBER

Discussant:
Zhiwu Chen, University of Hong Kong
5:50 pm
Adjourn
6:30 pm
Dinner at Yan Ming Yuan Restaurant, located near main gate (southeast gate) of Tsinghua University
Tuesday, September 11
8:30 am

Real LIfe Experience and Financial Risk Taking: Natural Experiment Evidence from Automobile Traffic Accidents

Yinglu Deng, Tsinghua University
An (Allen) Hu, University of British Columbia
Ning Zhu, Tsinghua University

Discussant:
Zhenyu Gao, Chinese University of Hong Kong
9:30 am
Coffee/Tea Break
10:00 am

Does Good Luck Make People Overconfident? Evidence from a Natural Experiment in China

Huasheng Gao, Fudan University
Donghui Shi, Shanghai Stock Exchange
Bin Zhao, Shanghai Advanced Institute of Finance

Discussant:
Jianfeng Yu, Tsinghua University
11:00 am

Rent Seeking, Brokerage Commissions, and the Pricing and Allocation of Shares in Initial Public Offerings

Thomas J. Chemmanur, Boston College
Bibo Liu, Tsinghua University
Xuan Tian, Tsinghua University

Discussant:
Chen Lin, University of Hong Kong
12:00 pm
Lunch - Shunde Building, Room 227
1:30 pm

International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China

Kun Jiang, University of Nottingham
Wolfgang Keller, University of Colorado Boulder and NBER
Larry Qiu, Lingnan University
William C. Ridley, University of Illinois Urbana-Champaign

Discussant:
Hong Ma, Tsinghua University
2:30 pm
Coffee/Tea Break
3:00 pm

Housing Booms and Shirking

Quanlin Gu, Peking University
Jia He, Nankai University
Wenlan Qian, National University of Singapore

Discussant:
Li-An Zhou, Peking University
4:00 pm
Adjourn
5:30 pm
Dinner at Quan Ju De Restaurant (1/F, Building A, Tsinghua Science Park)
Instructions to the presenters and discussants:
25 minutes per paper presentation.
15 minutes of discussion (the discussant could skip a summary of the paper if it is not a new way of looking at the issue).
Balance of the time: general discussion.

Emergency Contact in Beijing:
Huangfu Zhen (Tsinghua University)
+86-188-0117-2056
huangfzh3.16@sem.tsinghua.edu.cn