Kairong Xiao

Columbia University - Columbia Business School

Assistant Professor

3022 Broadway

New York, NY 10027

United States

SCHOLARLY PAPERS

15

DOWNLOADS
Rank 7,574

SSRN RANKINGS

Top 7,574

in Total Papers Downloads

8,542

SSRN CITATIONS
Rank 7,813

SSRN RANKINGS

Top 7,813

in Total Papers Citations

111

CROSSREF CITATIONS

55

Scholarly Papers (15)

Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation

Number of pages: 90 Posted: 09 Oct 2017 Last Revised: 01 Jun 2020
Yifei Wang, Toni M. Whited, Yufeng Wu and Kairong Xiao
University of Michigan, Department of Finance, University of Michigan, Stephen M. Ross School of Business, University of Illinois at Urbana-Champaign - Department of Finance and Columbia University - Columbia Business School
Downloads 1,828 (12,805)
Citation 6

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Monetary policy transmission, banking competition, regulatory constraints

Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation

NBER Working Paper No. w27258
Number of pages: 91 Posted: 02 Jun 2020 Last Revised: 15 Jul 2022
Yifei Wang, Toni M. Whited, Yufeng Wu and Kairong Xiao
University of Michigan, Department of Finance, University of Michigan, Stephen M. Ross School of Business, University of Illinois at Urbana-Champaign - Department of Finance and Columbia University - Columbia Business School
Downloads 21 (715,450)

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2.

Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper, 2020
Number of pages: 66 Posted: 02 Jul 2020 Last Revised: 01 Apr 2021
Yiming Ma, Kairong Xiao and Yao Zeng
Columbia University - Columbia Business School, Columbia University - Columbia Business School and University of Pennsylvania - The Wharton School
Downloads 1,666 (15,104)
Citation 17

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Mutual fund, liquidity transformation, flight-to-liquidity, COVID-19

3.

The Value of Big Data in a Pandemic

Number of pages: 43 Posted: 24 Apr 2020 Last Revised: 12 May 2022
Kairong Xiao
Columbia University - Columbia Business School
Downloads 611 (62,332)
Citation 7

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Big data, informational friction, COVID-19, lockdown

4.

Central Bank Digital Currency and Banks

Number of pages: 44 Posted: 19 May 2022 Last Revised: 10 Jun 2022
Toni M. Whited, Yufeng Wu and Kairong Xiao
University of Michigan, Stephen M. Ross School of Business, University of Illinois at Urbana-Champaign - Department of Finance and Columbia University - Columbia Business School
Downloads 520 (76,505)

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Central bank digital currency, banking competition, maturity mismatch, financial stability

Regulatory Costs of Being Public: Evidence from Bunching Estimation

Number of pages: 81 Posted: 11 Feb 2021 Last Revised: 01 Feb 2022
Michael Ewens, Kairong Xiao and Ting Xu
Columbia Business School, Columbia University - Columbia Business School and University of Virginia - Darden School of Business
Downloads 506 (78,124)

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costs of being public, bunching estimator, capital market regulation, disclosure, governance

Regulatory Costs of Being Public: Evidence from Bunching Estimation

NBER Working Paper No. w29143
Number of pages: 78 Posted: 16 Aug 2021 Last Revised: 17 Feb 2022
Michael Ewens, Kairong Xiao and Ting Xu
Columbia Business School, Columbia University - Columbia Business School and University of Virginia - Darden School of Business
Downloads 7 (850,941)
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6.
Downloads 505 ( 79,132)
Citation 8

Monetary Policy and Reaching for Income

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 16 Aug 2018 Last Revised: 17 Aug 2020
Kent D. Daniel, Lorenzo Garlappi and Kairong Xiao
Columbia University - Columbia Business School, Finance, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 490 (81,325)

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reaching for income, monetary policy

Monetary Policy and Reaching for Income

NBER Working Paper No. w25344
Number of pages: 67 Posted: 11 Dec 2018 Last Revised: 02 Apr 2022
Kent D. Daniel, Lorenzo Garlappi and Kairong Xiao
Columbia University - Columbia Business School, Finance, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 15 (768,867)
Citation 4

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7.

Unintended Consequences of Post-Crisis Liquidity Regulation

Number of pages: 54 Posted: 18 Jun 2019 Last Revised: 01 Apr 2022
Suresh M. Sundaresan and Kairong Xiao
Columbia University - Columbia Business School, Finance and Columbia University - Columbia Business School
Downloads 481 (83,896)
Citation 4

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liquidity regulation, regulatory arbitrage, regulatory design

8.

Bank Debt versus Mutual Fund Equity in Liquidity Provision

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 68 Posted: 05 Dec 2019 Last Revised: 21 Jun 2022
Yiming Ma, Kairong Xiao and Yao Zeng
Columbia University - Columbia Business School, Columbia University - Columbia Business School and University of Pennsylvania - The Wharton School
Downloads 443 (92,478)
Citation 3

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Liquidity provision, mutual fund, bank, runs, swing pricing

Factions in Nondemocracies: Theory and Evidence from the Chinese Communist Party

Number of pages: 45 Posted: 14 Oct 2016 Last Revised: 19 May 2022
University of British Columbia (UBC) - Department of Economics, University of California, Berkeley - Haas School of Business and Columbia University - Columbia Business School
Downloads 386 (107,622)
Citation 2

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Political Factions, The Chinese Communist Party

Factions in Nondemocracies: Theory and Evidence from the Chinese Communist Party

NBER Working Paper No. w22775
Number of pages: 85 Posted: 31 Oct 2016 Last Revised: 26 Mar 2022
University of British Columbia (UBC) - Department of Economics, University of California, Berkeley - Haas School of Business and Columbia University - Columbia Business School
Downloads 34 (619,487)

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Factions in Nondemocracies: Theory and Evidence from the Chinese Communist Party

CEPR Discussion Paper No. DP15226
Number of pages: 63 Posted: 12 Sep 2020
University of British Columbia (UBC) - Department of Economics, University of California, Berkeley - Haas School of Business and Columbia University - Columbia Business School
Downloads 0
Citation 3
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China, Chinese Communist Party, Factions, political economy, Single Party Regime

10.

Fuzzy Bunching

Number of pages: 46 Posted: 19 Jun 2020 Last Revised: 20 Sep 2021
Adrien Alvero and Kairong Xiao
Columbia University and Columbia University - Columbia Business School
Downloads 405 (102,528)

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bunching estimation, measurement error, regulatory threshold

11.
Downloads 393 (106,198)
Citation 20

Monetary Transmission through Shadow Banks

Number of pages: 57 Posted: 21 Apr 2018
Kairong Xiao
Columbia University - Columbia Business School
Downloads 257 (166,096)
Citation 6

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Monetary Policy, Shadow Banks, Deposit Competition

Monetary Transmission through Shadow Banks

Xiao, Kairong. "Monetary transmission through shadow banks." The Review of Financial Studies 33, no. 6 (2020): 2379-2420.
Number of pages: 58 Posted: 01 Apr 2019 Last Revised: 14 Aug 2020
Kairong Xiao
Columbia University - Columbia Business School
Downloads 136 (292,570)
Citation 14

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Monetary policy, shadow banks

Watch What They Do, Not What They Say: Estimating Regulatory Costs from Revealed Preferences

Number of pages: 85 Posted: 24 Jan 2021 Last Revised: 25 Jan 2022
Adrien Alvero, Sakai Ando and Kairong Xiao
Columbia University, International Monetary Fund (IMF) and Columbia University - Columbia Business School
Downloads 246 (173,358)

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bank regulation, regulatory costs, the Dodd-Frank Act, bunching

13.

The Shadow Cost of Collateral

Number of pages: 71 Posted: 06 Jan 2022 Last Revised: 01 Jul 2022
Guangqian Pan, Zheyao Pan and Kairong Xiao
The University of Sydney, Macquarie University and Columbia University - Columbia Business School
Downloads 229 (186,231)

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Collateral, Secured and Unsecured Debt, Bunching estimation, Small business lending, Government lending program

14.
Downloads 150 (269,802)
Citation 25

Regulation and Market Liquidity

Number of pages: 72 Posted: 07 Nov 2015 Last Revised: 21 Nov 2015
Francesco Trebbi and Kairong Xiao
University of California, Berkeley - Haas School of Business and Columbia University - Columbia Business School
Downloads 125 (311,852)
Citation 2

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Liquidity, Dodd-Frank Act of 2010, Volcker Rule

Regulation and Market Liquidity

NBER Working Paper No. w21739
Number of pages: 73 Posted: 23 Nov 2015 Last Revised: 27 May 2022
Francesco Trebbi and Kairong Xiao
University of California, Berkeley - Haas School of Business and Columbia University - Columbia Business School
Downloads 25 (682,659)
Citation 8

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15.

Liquidity Regulation and Banks: Theory and Evidence

Columbia Business School Research Paper Forthcoming
Number of pages: 57 Posted: 30 Jan 2022 Last Revised: 29 Apr 2022
Suresh M. Sundaresan and Kairong Xiao
Columbia University - Columbia Business School, Finance and Columbia University - Columbia Business School
Downloads 111 (337,823)

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liquidity regulation, regulatory design