Given the unique institutional regulations in the Chinese commodity futures market as well as the characteristics of the data it generates,we utilize contra
The purpose of this paper is to analyze the real-time responses of stock prices,volume,and order submission behavior across investor groups to 2894 on-air s
A high growth rate in labor hours per worker signals low future stock market returns and high future hiring.In the presence of an increase in the number of
This paper solves the optimal portfolio choice problem in a multi-asset incomplete market model with ambiguous jump risks.We derive the optimal portfolio ru
This paper studies the Shanghai-Hong Kong stock market connect program,which “creates” the second largest stock exchange in the world.Compared to unconnec
With a micro-level data,this paper constructs the first sentiment index for the Shanghai housing market.This is done by creatively applying the sentiment in