Bo Sun

Board of Governors of the Federal Reserve System

Principal Economist

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

23

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Top 13,245

in Total Papers Downloads

5,551

SSRN CITATIONS
Rank 8,398

SSRN RANKINGS

Top 8,398

in Total Papers Citations

87

CROSSREF CITATIONS

66

Scholarly Papers (23)

Executive Compensation and Earnings Management under Moral Hazard

Number of pages: 29 Posted: 24 Sep 2009 Last Revised: 07 Oct 2009
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 432 (98,843)
Citation 2

Abstract:

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Earnings management, Executive compensation, Optimal contract, Corporate governance

Executive Compensation and Earnings Management Under Moral Hazard

FRB International Finance Discussion Paper No. 985
Number of pages: 38 Posted: 10 Mar 2010
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 250 (178,578)
Citation 5

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Earnings management, executive compensation, optimal contract, corporate governance

Executive Compensation and Earnings Management under Moral Hazard

Number of pages: 34 Posted: 28 Oct 2012
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 172 (252,341)

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Earnings management, Executive compensation, Optimal contract, Corporate governance

2.
Downloads 764 ( 48,795)
Citation 3

What is Certain About Uncertainty?

International Finance Discussion Paper No. 1294
Number of pages: 45 Posted: 07 Aug 2020 Last Revised: 08 Mar 2022
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Fudan University - Fanhai International School of Finance (FISF), Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 547 (74,282)

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global risks, Uncertainty, Volatility, Crises, Economic policy, Monetary policy, Geopolitical risk, Trade policy, Downside risk

What is Certain About Uncertainty?

Journal of Economic Literature, Forthcoming
Number of pages: 45 Posted: 02 Aug 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Fudan University - Fanhai International School of Finance (FISF), Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 217 (204,914)
Citation 3

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global risk, uncertainty, volatility, crises, economic policy, monetary policy, downside risk, transmission.

Contractual Managerial Incentives with Stock Price Feedback

American Economic Review (Forthcoming)
Number of pages: 44 Posted: 30 Jun 2017 Last Revised: 16 Mar 2019
Tse-Chun Lin, Qi Liu and Bo Sun
The University of Hong Kong - Faculty of Business and Economics, Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 394 (110,029)
Citation 3

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Feedback effect, CEO compensation, Financial market frictions, Reg-SHO Pilot program, Managerial learning from the market

Contracting with Feedback

FRB International Finance Discussion Paper No. 1143
Number of pages: 65 Posted: 28 Aug 2015
Tse-Chun Lin, Qi Liu and Bo Sun
The University of Hong Kong - Faculty of Business and Economics, Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 318 (139,514)
Citation 1

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Feedback effect, CEO compensation, Transaction costs, Reg-SHO Pilot program, Decimalization

4.

Anomaly Discovery and Arbitrage Trading

Number of pages: 41 Posted: 02 May 2014 Last Revised: 28 Mar 2022
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance, Peking University - Department of Finance, Asper School of Business, University of Manitoba, Board of Governors of the Federal Reserve System and DePaul University
Downloads 697 (55,128)
Citation 4

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Anomaly, Arbitrage, Discovery, Arbitrageur-based asset pricing.

5.
Downloads 305 (146,589)
Citation 2

Asset Returns with Earnings Management

Number of pages: 67 Posted: 24 Sep 2009 Last Revised: 05 Oct 2009
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 130 (316,945)

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Earnings management, Stock returns, Financial anomalies, Volatility clustering, GARCH, Optimal contract

Asset Returns with Earnings Management

FRB International Finance Discussion Paper No. 988
Number of pages: 73 Posted: 11 Mar 2010
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 97 (389,801)
Citation 2

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Earnings management, stock returns, financial anomalies, volatility clustering, GARCH, optimal contract

Asset Returns with Earnings Management

Number of pages: 59 Posted: 12 Mar 2010
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 78 (446,175)

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Earnings management, Stock returns, Financial anomalies, Volatility clustering, GARCH, Optimal contract

6.

Racial Disparities in Small Business Lending

Nanyang Business School Research Paper No. 21-11
Number of pages: 47 Posted: 07 Apr 2021 Last Revised: 23 Jun 2021
Tao Chen, Chen Lin and Bo Sun
Nanyang Business School, Nanyang Technological University, The University of Hong Kong - Faculty of Business and Economics and Board of Governors of the Federal Reserve System
Downloads 277 (161,851)
Citation 1

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Racial disparities, Small business lending, Banking deregulation

7.

A Model of Anomaly Discovery

FRB International Finance Discussion Paper No. 1128
Number of pages: 52 Posted: 10 May 2015
Liu Qu, Lei Lu, Bo Sun and Hongjun Yan
Independent, Asper School of Business, University of Manitoba, Board of Governors of the Federal Reserve System and DePaul University
Downloads 277 (161,851)

Abstract:

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Anomaly, Arbitrage, Discovery, Arbitrageur-based asset pricing

8.

Taxonomy of Global Risk, Uncertainty, and Volatility Measures

International Finance Discussion Paper No. 1216
Number of pages: 49 Posted: 26 Nov 2017
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Fudan University - Fanhai International School of Finance (FISF)
Downloads 251 (178,542)
Citation 2

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9.

Monetary Policy Uncertainty

International Finance Discussion Paper No. 1215
Number of pages: 60 Posted: 23 Oct 2017
Board of Governors of the Federal Reserve System, Fudan University - Fanhai International School of Finance (FISF) and Board of Governors of the Federal Reserve System
Downloads 243 (184,298)
Citation 19

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Monetary policy uncertainty, VAR identification, FOMC communications

10.

Market Integration in China

World Bank Policy Research Working Paper No. 5630
Number of pages: 28 Posted: 20 Apr 2016
Government of the United States of America - Office of the Comptroller of the Currency (OCC), The World Bank, World Bank, Board of Governors of the Federal Reserve System and World Bank - Development Research Group (DECRG)World Bank - Development Research Group (DECRG)
Downloads 212 (209,749)

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Economic Theory & Research, Banks & Banking Reform, Debt Markets, Emerging Markets, Access to Finance

Government Connections and Financial Constraints: Evidence from a Large Representative Sample of Chinese Firms

World Bank Policy Research Working Paper No. 6352
Number of pages: 58 Posted: 20 Apr 2016
World Bank - Development Research Group (DECRG), Cheung Kong Graduate School of Business, Board of Governors of the Federal Reserve System and World Bank - Development Research Group (DECRG)World Bank - Development Research Group (DECRG)
Downloads 108 (362,656)

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Access to Finance, Debt Markets, Bankruptcy and Resolution of Financial Distress, Investment and Investment Climate, Emerging Markets

Government Connections and Financial Constraints: Evidence from a Large Representative Sample of Chinese Firms

FRB International Finance Discussion Paper No. 1129
Number of pages: 68 Posted: 08 Oct 2015
World Bank - Development Research Group (DECRG), affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and World Bank - Development Research Group (DECRG)World Bank - Development Research Group (DECRG)
Downloads 65 (493,412)
Citation 13

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Financial constraints, investment, political connections, firm size, China, capital allocation, invest cash flow sensitivity

12.
Downloads 166 (259,934)
Citation 2

Incentive Contracting under Ambiguity-Aversion

Number of pages: 34 Posted: 11 Oct 2012 Last Revised: 26 Feb 2017
Qi Liu, Lei Lu and Bo Sun
Peking University - Department of Finance, Asper School of Business, University of Manitoba and Board of Governors of the Federal Reserve System
Downloads 117 (342,533)

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ambiguity, executive compensation, options

Incentive Contracting Under Ambiguity Aversion

FRB International Finance Discussion Paper No. 1195
Number of pages: 41 Posted: 24 Feb 2017
Qi Liu, Lei Lu and Bo Sun
Peking University - Department of Finance, Asper School of Business, University of Manitoba and Board of Governors of the Federal Reserve System
Downloads 49 (564,801)
Citation 2

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Ambiguity, Executive compensation, Options, Relative performance evaluation

13.

Relative Wealth Concerns, Executive Compensation, and Risk Taking

Number of pages: 40 Posted: 14 Mar 2012 Last Revised: 25 Feb 2017
Qi Liu and Bo Sun
Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 137 (303,463)

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relative wealth concerns, executive compensation

14.

Relative Wealth Concerns, Executive Compensation, and Systemic Risk-Taking

FRB International Finance Discussion Paper No. 1164
Number of pages: 46 Posted: 23 May 2016
Qi Liu and Bo Sun
Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 101 (379,318)

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Relative wealth concerns, Managerial compensation, Pay-for-luck, Excessive risk-taking

15.

Uncertainty, Currency Excess Returns, and Risk Reversals

FRB International Finance Discussion Paper No. 1196
Number of pages: 36 Posted: 24 Feb 2017
Board of Governors of the Federal Reserve System, Fudan University - Fanhai International School of Finance (FISF) and Board of Governors of the Federal Reserve System
Downloads 99 (381,813)
Citation 5

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Exchange rates, Uncovered interest parity, Uncertainty

16.

Investor Sentiment and the (Discretionary) Accrual-Return Relation

FRB International Finance Discussion Paper No. 1300
Number of pages: 27 Posted: 28 Sep 2020
Jiajun Jiang, Qi Liu and Bo Sun
Fudan University - School of Economics, Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 61 (502,396)

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Investor sentiment, Uncertainty, Earnings management, Accrual anomaly

17.

Limited Market Participation and Asset Prices in the Presence of Earnings Management

FRB International Finance Discussion Paper No. 1019
Number of pages: 46 Posted: 23 Jul 2011
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 61 (502,396)

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Earnings management, excess volatility, equity premium, limited stock market participation

18.

Limited Market Participation and Asset Prices with Earnings Management

Number of pages: 41 Posted: 28 Oct 2012
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 57 (518,653)

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Earnings management, Excess volatility, Equity premium, Limited stock market participation

19.

Risk Choices and Compensation Design

FRB International Finance Discussion Paper No. 1130
Number of pages: 64 Posted: 25 Apr 2015
Mark Carey and Bo Sun
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 47 (563,912)

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Compensation, Bad tail risk

20.

Managerial Compensation Under Privately-Observed Hedging

FRB International Finance Discussion Paper No. 1160
Number of pages: 19 Posted: 04 Apr 2016
Qi Liu and Bo Sun
Peking University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 35 (629,023)

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Managerial compensation, Corporate hedging

21.

The Stock Market Response to a "Regulatory Sine Curve"

FRB International Finance Discussion Paper No. 1299
Number of pages: 48 Posted: 28 Sep 2020
Board of Governors of the Federal Reserve System, City University of Hong Kong and University of Virginia
Downloads 22 (720,998)

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Cyclical financial regulation, Stock crash risk, Gradual boom and sudden crash

22.

The Fed's Inaugural Conference on the International Roles of the U.S. Dollar

FEDS Notes No. 2022-07-05-1
Posted: 12 Jul 2022
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Independent and Board of Governors of the Federal Reserve System

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23.

Asset Returns Under Periodic Revelations of Earnings Management

International Economic Review, Vol. 55, Issue 1, pp. 255-282, 2014
Number of pages: 28 Posted: 25 Jan 2014
Bo Sun
Board of Governors of the Federal Reserve System
Downloads 0 (951,946)
Citation 1

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