工作论文 PAPERS
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Income Volatility and Portfolio Choices
Based on administrative data from Statistics Norway, we find economically significant shifts inhouseholds’ fina
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Quality Signaling through Crowdfunding Pricing
Problem definition: This paper studies an entrepreneur’s pricing strategy in a reward-basedcrowdfunding campaign
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Venture Capital Coordination in Syndicates, Corporate Monitoring, and Firm Pe...
This paper examines how the coordination of venture capital (VC) investors in their syndicates, asmeasured by thei
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Co-Movement of Steady-State Government Debt and Household Debt
To understand whether and how movements of government debt and household debt are related, stationary equilibrium
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Downward Wage Rigidity, Corporate Investment, and Firm Value
Firms reduce investment when facing downward wage rigidity (DWR), the inability or unwillingness to adjust wages d
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It's Not Who You Know - It's Who Knows You: Employee Social Capital and Firm ...
We show that the social capital embedded in employees’ networks contributes to superior firmperformance and p
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Shadow Union in Local Labor Markets and Capital Structure
This paper identifies an externality of a firm s unionization that affects the capital structure decisions of other
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Home Location Choices and the Gender Commute Gap
Using administrative records of home mortgages in Beijing, we show that households systematically choose to buy new homes that are closer to the wife’s workplace
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Nonparametric Quantile Regressions for Panel Data Models with Large
This paper considers panel data models where the conditional quantiles of the dependent variables are additively separable as unknown functions of the regressors and the individual effects
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Two-Step Estimation of Quantile Panel Data Models with Interactive Fixed Effe...
This paper considers the estimation of panel data models with interactive fixed effects where the idiosyncratic errors are subject to conditional quantile restrictions