Haoyu Gao

Renmin University of China

Mingde main building

Haidian district, No. 59,

Beijing, Beijing 100872

China

SCHOLARLY PAPERS

11

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81

CROSSREF CITATIONS

27

Scholarly Papers (11)

Credit Allocation under Economic Stimulus: Evidence from China

Chicago Booth Research Paper No. 17-19
Number of pages: 58 Posted: 01 Nov 2016 Last Revised: 10 Sep 2021
Cornell University - Samuel Curtis Johnson Graduate School of Management, Renmin University of China, Northwestern University - Kellogg School of Management and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 3,089 (5,435)
Citation 6

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Misallocation, Reallocation, Banking, Growth, Firm Investment, Employment

Credit Allocation Under Economic Stimulus: Evidence from China

Global Poverty Research Lab Working Paper No. 17-108
Number of pages: 58 Posted: 19 Feb 2018 Last Revised: 07 Feb 2020
Cornell University - Samuel Curtis Johnson Graduate School of Management, Renmin University of China, Northwestern University - Kellogg School of Management and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 536 (72,050)
Citation 36

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credit, credit allocation, credit expansion, firms, China, capital, growth, recessions

2.

Subnational Debt of China: The Politics-Finance Nexus

Journal of Financial Economics (JFE), 141.3, 881-895
Number of pages: 60 Posted: 01 Jul 2016 Last Revised: 22 Jul 2021
Haoyu Gao, Hong Ru and Dragon Yongjun Tang
Renmin University of China, Nanyang Business School, Nanyang Technological University and The University of Hong Kong - Faculty of Business and Economics
Downloads 1,007 (31,511)
Citation 9

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Government Debt, Selective Default, Politics-Finance Nexus, Career Concern

3.

The Informational Role of Ownership Networks in Bank Lending

Journal of Financial and Quantitative Analysis, forthcoming
Number of pages: 52 Posted: 17 Jul 2018 Last Revised: 20 Apr 2021
Haoyu Gao, Hong Ru and Xiaoguang Yang
Renmin University of China, Nanyang Business School, Nanyang Technological University and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 473 (84,843)
Citation 5

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Network, Information, Bank Loan, Screening, Monitoring

4.

Boosted Credit Ratings in China: The Effects of Credit Enhancement on Bond Pricing

Number of pages: 60 Posted: 01 Apr 2020 Last Revised: 05 May 2022
Haoyu Gao, Yuting Huang and Jingyuan Mo
Renmin University of China, Capital University of Economics and Business and New York University
Downloads 302 (140,271)

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credit enhancement, financing costs, credit bonds, China

5.

The Aftermath of Corporate Default with Chinese Characteristics

Number of pages: 43 Posted: 19 Apr 2017 Last Revised: 12 Nov 2020
University of Hawaii at Manoa - Shidler College of Business, Cornell University, Renmin University of China, Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS) and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 253 (167,849)
Citation 5

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bank loans, corporate default, default resolution, China, state-owned enterprises, government controlled banks

Rise of Bank Competition: Evidence from Banking Deregulation in China

Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 27/2021
Number of pages: 68 Posted: 24 Nov 2021
Renmin University of China, Nanyang Technological University (NTU) - School of Biological Sciences, Massachusetts Institute of Technology (MIT) and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 74 (435,132)

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Banking Deregulation, Credit Misallocation, Big Data, Growth

Rise of Bank Competition: Evidence from Banking Deregulation in China

NBER Working Paper No. w25795
Number of pages: 61 Posted: 07 May 2019 Last Revised: 18 Nov 2021
Renmin University of China, Nanyang Business School, Nanyang Technological University, Massachusetts Institute of Technology (MIT) and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)
Downloads 31 (633,338)
Citation 2

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Rise of Bank Competition: Evidence from Banking Deregulation in China

Posted: 15 Dec 2017 Last Revised: 25 Dec 2019
Renmin University of China, Nanyang Business School, Nanyang Technological University, Massachusetts Institute of Technology (MIT) and Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science (AMSS)

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Banking Deregulation, Credit Misallocation, Big Data, Growth

7.

Bond Default Matters in China: Evidence from Illiquidity Premium

Number of pages: 49 Posted: 02 Jun 2022
Renmin University of China, Tsinghua University - School of Social Sciences, Peking University HSBC Business School and School of Finance, Renmin University of China
Downloads 38 (577,560)

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Default events, credit spread, illiquidity premium, flight-to-liquidity

8.

Pricing the Pandemic: Evidence from the Bond Market in China

Number of pages: 33 Posted: 20 Jun 2022 Last Revised: 22 Jun 2022
Haoyu Gao, Yiling Ouyang and Huiyu Wen
Renmin University of China, Renmin University of China - School of Finance and Renmin University of China - School of Finance
Downloads 29 (636,538)

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COVID-19 pandemic, bond financing, credit spreads, default risk, risk perception

9.

Monetary Stimulus Amid the Infrastructure Investment Spree: Evidence from China's Loan-Level Data

FRB Atlanta Working Paper No. 2020-16
Number of pages: 80 Posted: 20 Apr 2021
Emory University - Department of Economics, Renmin University of China, Federal Reserve Banks - Federal Reserve Bank of Atlanta, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 23 (671,657)

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infrastructure investment; monetary policy transmission; fiscal shocks; policy interaction; credit reallocation; LGFVs

Monetary Stimulus Amidst the Infrastructure Investment Spree: Evidence from China's Loan-Level Data

NBER Working Paper No. w27763
Number of pages: 119 Posted: 31 Aug 2020 Last Revised: 04 Jul 2022
Emory University - Department of Economics, Renmin University of China, Federal Reserve Banks - Federal Reserve Bank of Atlanta, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 6 (850,923)

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11.

Pandemic Effect on Corporate Financial Asset Holdings: Precautionary or Return-Chasing?

Number of pages: 32
Haoyu Gao, Huiyu Wen and Xingjian Wang
Renmin University of China, Renmin University of China - School of Finance and Renmin University of China - School of Finance
Downloads 5

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Financial asset holdings, COVID-19 pandemic, Precautionary, Return-chasing, Portfolio choice