Li Liao

Tsinghua University - PBC School of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

SCHOLARLY PAPERS

14

DOWNLOADS
Rank 19,233

SSRN RANKINGS

Top 19,233

in Total Papers Downloads

3,310

SSRN CITATIONS
Rank 35,325

SSRN RANKINGS

Top 35,325

in Total Papers Citations

15

CROSSREF CITATIONS

8

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 669 (49,454)
Citation 3

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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, Forthcoming at The Review of Financial Studies
Number of pages: 53 Posted: 20 Jun 2018 Last Revised: 26 Oct 2020
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 457 (79,816)
Citation 3

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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 426 (86,691)

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

4.

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 357 (105,853)
Citation 2

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

5.

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 297 (129,362)

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Fast-thinking; Learning; P2P lending

6.

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 256 (150,568)

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

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 239 (161,132)
Citation 1

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Behavioral Finance; Reciprocity; Privacy Infringement; Social Pressure

8.

What If Borrowers were Informed about Credit Reporting? Two Randomized Field Experiments

Kelley School of Business Research Paper No. 18-48
Number of pages: 54 Posted: 16 Jun 2019 Last Revised: 23 Mar 2021
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 205 (186,321)
Citation 3

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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 115 (298,726)
Citation 3

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Peer effect, Default Decision, Cash loan, Fintech

10.

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 84 (366,702)

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

11.

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 78 (382,979)
Citation 2

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Venture capital certification, P2P lending platform, Information asymmetry

12.

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 67 (416,460)

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Childhood exposure, Stock market participation, Openness

13.

Avoid Peer Information: Evidence from a Field Experiment of Charity Crowdfunding

Number of pages: 61 Posted: 12 Apr 2021 Last Revised: 19 Aug 2021
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 59 (443,997)

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

14.

Financial Literacy and Risky Asset Holdings: Evidence from China

Accounting & Finance, Vol. 57, Issue 5, pp. 1383-1415, 2017
Number of pages: 33 Posted: 27 Mar 2018
Tsinghua University - PBC School of Finance, University of Rhode Island, Tsinghua University - School of Economics & Management and New York University
Downloads 1 (792,075)
Citation 2
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Chinese households, Financial literacy, Risky asset holdings