Li Liao

Tsinghua University - PBC School of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

SCHOLARLY PAPERS

14

DOWNLOADS
Rank 18,793

SSRN RANKINGS

Top 18,793

in Total Papers Downloads

3,850

SSRN CITATIONS
Rank 39,203

SSRN RANKINGS

Top 39,203

in Total Papers Citations

13

CROSSREF CITATIONS

6

Scholarly Papers (14)

1.

Government Affiliation and Peer-to-Peer Lending Platforms in China

PBCSF-NIFR Research Paper, Journal of Empirical Finance, Forthcoming
Number of pages: 61 Posted: 14 Feb 2018 Last Revised: 12 Apr 2021
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 694 (53,048)
Citation 3

Abstract:

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Peer-to-Peer Lending Platforms, Fintech, Government Affiliation, State-Owned Enterprise, Emerging Markets

2.

User Interface and First-hand Experience in Retail Investing

Kelley School of Business Research Paper No. 18-54, The Review of Financial Studies, 34 (2021): 4486–4523
Number of pages: 53 Posted: 20 Jun 2018 Last Revised: 08 Aug 2022
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, DePaul University and Indiana University - Kelley School of Business - Department of Finance
Downloads 516 (77,203)
Citation 3

Abstract:

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Rule of thumb, fast thinking, mobile investing, salience, first-hand experience, P2P

3.

Deciphering Big Data in Consumer Credit Evaluation

PBCSF-NIFR Research Paper, Journal of Empirical Finance, Forthcoming
Number of pages: 55 Posted: 11 Jan 2019 Last Revised: 12 Apr 2021
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, BaiRong Financial Information Service Co., Ltd, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 466 (87,326)

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Big Data, FinTech, Personal Credit, Large-scale Alternative Data, Income Exaggeration

4.

Capital Spillover, House Prices, and Consumer Spending: Quasi-Experimental Evidence from House Purchase Restrictions

PBCSF-NIFR Research Paper
Number of pages: 70 Posted: 17 Jan 2020 Last Revised: 06 Jul 2021
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Massachusetts Institute of Technology (MIT) and Peking University - Guanghua School of Management
Downloads 429 (96,164)

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out-of-town demand, house prices, wealth effect, consumer spending, capital flight, quasi-experiment

5.

Assessing and Addressing the Coronavirus-Induced Economic Crisis: Evidence From 1.5 Billion Sales Invoices

PBCSF-NIFR Research Paper, 2020
Number of pages: 52 Posted: 06 Aug 2020 Last Revised: 29 Mar 2021
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 376 (111,866)
Citation 3

Abstract:

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COVID-19, pandemic, invoices, firm sales, economic stimulus

6.

Thinking Fast, Not Slow: Evidence from Peer-to-Peer Lending

Kelley School of Business Research Paper No. 16-64, PBCSF-NIFR Research Paper
Number of pages: 52 Posted: 26 Aug 2016 Last Revised: 29 Oct 2020
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 314 (135,981)

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Fast-thinking; Learning; P2P lending

7.

Angry Borrowers: Negative Reciprocity in a Financial Market

PBCSF-NIFR Research Paper
Number of pages: 55 Posted: 09 Jul 2019 Last Revised: 06 Jul 2021
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, DePaul University, Indiana University - Kelley School of Business - Department of Finance and Tsinghua University, PBC School of Finance, Students
Downloads 293 (146,208)
Citation 1

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Behavioral Finance; Reciprocity; Privacy Infringement; Social Pressure

8.

What If Borrowers Were Informed about Credit Reporting? Two Natural Field Experiments

Kelley School of Business Research Paper No. 18-48, The Accounting Review, Forthcoming
Number of pages: 61 Posted: 16 Jun 2019 Last Revised: 08 Aug 2022
Tsinghua University - PBC School of Finance, Washington University in Saint Louis - Olin School of Business, The Quant Group, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 234 (182,738)
Citation 3

Abstract:

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Credit reporting, Loan take-up, Default, Incentive, Selection, Field experiment

9.

Peer Effect on Consumer Default Decision: Evidence From Online Lending Platform

PBCSF-NIFR Research Paper
Number of pages: 30 Posted: 27 Jun 2019
Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and The University of Hong Kong - Faculty of Business and Economics
Downloads 150 (270,215)
Citation 3

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Peer effect, Default Decision, Cash loan, Fintech

10.

Avoiding Peer Information and Its Effects on Charity Crowdfunding: a Field Experiment

Number of pages: 63 Posted: 12 Apr 2021 Last Revised: 18 Jul 2022
Washington University in St. Louis - John M. Olin Business School, Tsinghua University - PBC School of Finance, Washington University in Saint Louis - Olin School of Business and Tsinghua University - PBC School of Finance
Downloads 110 (340,420)

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information avoidance, charity giving, crowdfunding, peer comparison, behavioral economics, field experiment

11.

Individual Consumption Response to Expanding Credit Access: Evidence from Online Cash Loan Platform

PBCSF-NIFR Research Paper
Number of pages: 41 Posted: 01 Oct 2018
Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 103 (355,708)

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Consumption, Cash loan, Debt, Credit access, Consumer finance, Fintech

12.

Venture capital certification and customer response: Evidence from P2P lending platforms

Journal of Corporate Finance, Vol. 60, 2020
Number of pages: 52 Posted: 01 Oct 2018 Last Revised: 08 Jul 2020
Department of Finance, Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 82 (409,737)
Citation 2

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Venture capital certification, P2P lending platform, Information asymmetry

13.

Childhood Exposure and Stock Market Participation

PBCSF-NIFR Research Paper
Number of pages: 39 Posted: 30 Nov 2016
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 78 (421,749)

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Childhood exposure, Stock market participation, Openness

14.

Attention to Detail and Entrepreneurial Success

Number of pages: 52 Posted: 10 Aug 2022
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance, Indiana University: Kelley School of Business, Tsinghua University - PBC School of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 5 (852,743)

Abstract:

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Entrepreneurial financing, Attention to detail, Crowdfunding, Kickstarter