Cheng Yan

University of Essex

Wivenhoe Park

Colchester, CO4 3SQ

United Kingdom

SCHOLARLY PAPERS

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1

Ideas:
“  I'm currently working on empirical Financial Economics.  ”

Scholarly Papers (35)

1.
Downloads 15,963 ( 454)
Citation 6

Nonstandard Errors

Journal of Finance, Volume 79, Issue 3, June 2024, Pages 2339-2390.
Number of pages: 52 Posted: 23 Nov 2021 Last Revised: 15 May 2024
Albert J. Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Michael Razen, Utz Weitzel, David Abad, Menachem (Meni) Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James Angel, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Andrea Barbon, Oksana Bashchenko, Parampreet Christopher Bindra, Geir Hoidal Bjonnes, Jeff Black, Bernard S. Black, Santiago Bohorquez, Oleg Bondarenko, Charles S. Bos, Ciril Bosch-Rosa, Elie Bouri, Christian T. Brownlees, Anna Calamia, Viet Nga Cao, Gunther Capelle-Blancard, Laura Capera, Massimiliano Caporin, Allen Carrion, Tolga Caskurlu, Bidisha Chakrabarty, Mikhail Chernov, William M. Cheung, Ludwig B. Chincarini, Tarun Chordia, Sheung Chi Chow, Benjamin Clapham, Jean-Edouard Colliard, Carole Comerton-Forde, Edward Curran, Thong Dao, Wale Dare, Ryan J. Davies, Riccardo De Blasis, Gianluca De Nard, Fany Declerck, Oleg Deev, Hans Degryse, Solomon Deku, Christophe Desagre, Mathijs A. van Dijk, Chukwuma Dim, Thomas Dimpfl, Yunjiang Dong, Philip Drummond, Tom L. Dudda, Ariadna Dumitrescu, Teodor Dyakov, Anne Haubo Dyhrberg, Michał Dzieliński, Asli Eksi, Izidin El Kalak, Saskia ter Ellen, Nicolas Eugster, Martin D.D. Evans, Michael Farrell, Ester Félez-Viñas, Gerardo Ferrara, El Mehdi FERROUHI, Andrea Flori, Jonathan Fluharty-Jaidee, Sean Foley, Kingsley Fong, Thierry Foucault, Tatiana Franus, Francesco A. Franzoni, Bart Frijns, Michael Frömmel, Servanna Mianjun Fu, Sascha Füllbrunn, Baoqing Gan, Thomas Gehrig, Dirk Gerritsen, Javier Gil-Bazo, Lawrence R. Glosten, Thomas Gomez, Arseny Gorbenko, Ufuk Güçbilmez, Joachim Grammig, Vincent Gregoire, Björn Hagströmer, Julien Hambuckers, Erik Hapnes, Jeffrey H. Harris, Lawrence Harris, Simon Hartmann, Jean-Baptiste Hasse, Nikolaus Hautsch, Xuezhong He, Davidson Heath, Simon Hediger, Terrence Hendershott, Ann Marie Hibbert, Erik Hjalmarsson, Seth A. Hoelscher, Peter Hoffmann, Craig W. Holden, Alex R. Horenstein, Wenqian Huang, Da Huang, Christophe Hurlin, Alexey Ivashchenko, Subramanian R. Iyer, Hossein Jahanshahloo, Naji Jalkh, Charles M. Jones, Simon Jurkatis, Petri Jylha, Andreas Kaeck, Gabriel Kaiser, Arzé Karam, Egle Karmaziene, Bernhard Kassner, Markku Kaustia, Ekaterina Kazak, Fearghal Kearney, Vincent van Kervel, Saad Khan, Marta Khomyn, Tony Klein, Olga Klein, Alexander Klos, Michael Koetter, Jan Pieter Krahnen, Aleksey Kolokolov, Robert A. Korajczyk, Roman Kozhan, Amy Kwan, Quentin Lajaunie, FY Eric C Lam, Marie Lambert, Hugues Langlois, Jens Lausen, Tobias Lauter, Markus Leippold, Vladimir Levin, Yijie Li, (Michael) Hui Li, Chee Yoong Liew, Thomas Lindner, Oliver B. Linton, Jiacheng Liu, Anqi Liu, Guillermo Llorente, Matthijs Lof, Ariel Lohr, Francis A. Longstaff, Alejandro Lopez-Lira, Shawn Mankad, Nicola Mano, Alexis Marchal, Charles Martineau, Francesco Mazzola, Debrah Meloso, Roxana Mihet, Vijay Mohan, Sophie Moinas, David Moore, Liangyi Mu, Dmitriy Muravyev, Dermot Murphy, Gabor Neszveda, Christian Neumeier, Ulf Nielsson, Mahendrarajah Nimalendran, Sven Nolte, Lars L. Norden, Peter O'Neill, Khaled Obaid, Bernt Arne Ødegaard, Per Östberg, Marcus Painter, Stefan Palan, Imon Palit, Andreas Park, Roberto Pascual, Paolo Pasquariello, Lubos Pastor, Vinay Patel, Andrew J. Patton, Neil D. Pearson, Loriana Pelizzon, Matthias Pelster, Christophe Pérignon, Cameron Pfiffer, Richard Philip, Tomáš Plíhal, Puneet Prakash, Oliver-Alexander Press, Tina Prodromou, Tālis J. Putniņš, Gaurav Raizada, David A. Rakowski, Angelo Ranaldo, Luca Regis, Stefan Reitz, Thomas Renault, Rex Wang Renjie, Roberto Renò, Steven Riddiough, Kalle Rinne, Paul Rintamäki, Ryan Riordan, Thomas Rittmannsberger, Iñaki Rodríguez-Longarela, Dominik Rösch, Lavinia Rognone, Brian Roseman, Ioanid Rosu, Saurabh Roy, Nicolas Rudolf, Stephen Rush, Khaladdin Rzayev, Aleksandra Rzeźnik, Anthony Sanford, Harikumar Sankaran, Asani Sarkar, Lucio Sarno, O. Scaillet, Stefan Scharnowski, Klaus Reiner Schenk-Hoppé, Andrea Schertler, Michael Schneider, Florian Schroeder, Norman Schuerhoff, Philipp Schuster, Marco A. Schwarz, Mark S. Seasholes, Norman Seeger, Or Shachar, Andriy Shkilko, Jessica Shui, Mario Sikic, Giorgia Simion, Lee A. Smales, Paul Söderlind, Elvira Sojli, Konstantin Sokolov, Laima Spokeviciute, Denitsa Stefanova, Marti G. Subrahmanyam, Sebastian Neusüss, Barnabas Szaszi, Oleksandr Talavera, Yuehua Tang, Nicholas Taylor, Wing Wah Tham, Erik Theissen, Julian Thimme, Ian Tonks, Hai Tran, Luca Trapin, Anders B. Trolle, Giorgio Valente, Robert A. Van Ness, Aurelio Vasquez, Thanos Verousis, Patrick Verwijmeren, Anders Vilhelmsson, Grigory Vilkov, Vladimir Vladimirov, Sebastian Vogel, Stefan Voigt, Wolf Wagner, Thomas Walther, Patrick Weiss, Michel van der Wel, Ingrid M. Werner, P. Joakim Westerholm, Christian Westheide, Evert Wipplinger, Michael Wolf, Christian C. P. Wolff, Leonard Wolk, Wing-Keung Wong, Jan Wrampelmeyer, Shuo Xia, Dacheng Xiu, Ke Xu, Caihong Xu, Pradeep K. Yadav, José Yagüe, Cheng Yan, Antti Yang, Woongsun Yoo, Wenjia Yu, Shihao Yu, Bart Zhou Yueshen, Darya Yuferova, Marcin Zamojski, Abalfazl Zareei, Stefan Zeisberger, S. Sarah Zhang, Xiaoyu Zhang, Zhuo Zhong, Z. Ivy Zhou, Chen Zhou, Xingyu Sonya Zhu, Marius Zoican, Remco C. J. Zwinkels, Jian Chen, Teodor Duevski, Ge Gao, Roland Gemayel, Dudley Gilder, Paul Kuhle, Emiliano Pagnotta, Michele Pelli, Jantje Sönksen, Lu Zhang, Konrad Ilczuk, Dimitar Bogoev, Ya Qian, Hans C. Wika, Yihe Yu, Lu Zhao, Michael Mi, Li Bao, Andreea Vaduva, Marcel Prokopczuk, Alejandro Avetikian and Zhen-Xing Wu
Vrije Universiteit Amsterdam, Stockholm School of Economics - Department of Economics, University of Innsbruck - Department of Economics, University of Innsbruck, Stockholm School of Economics - Department of Economics, University of Innsbruck, University of Innsbruck, VU University Amsterdam, Universidad de Alicante, Bar-Ilan University - Graduate School of Business Administration, International Monetary Fund, National Bureau of Economic Research (NBER), CNRS, University of Oxford, University of Technology Sydney, Dublin City University, University of Chicago - Booth School of Business, Wilfrid Laurier University, Georgetown University - McDonough School of Business, University of Mannheim, Tennessee Technological University, EM Lyon (Ecole de Management de Lyon) - Emlyon Business School, University of St. Gallen, Swiss Finance Institute - HEC Lausanne, University of Innsbruck, BI Norwegian Business School, University of Memphis, Northwestern University - Pritzker School of Law, Universidad EAFIT, University of Illinois at Chicago - Department of Finance, VU University Amsterdam, Technische Universität Berlin, Lebanese American University, Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, Toulouse Business School - TBS Education, Monash University, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, University of Padua - Department of Statistical Sciences, University of Memphis - Fogelman College of Business and Economics, University of Amsterdam Business School, Saint Louis University - Richard A. Chaifetz School of Business, UCLA Anderson, Waseda University, University of San Francisco, Emory University - Department of Finance, Australian National University (ANU), Goethe University Frankfurt Faculty of Economics and Business Administration, HEC Paris - Finance Department, University of Melbourne - Department of Finance, Macquarie University - Faculty of Business and Economics, Nottingham Trent University, University of Liège - HEC Liège, Babson College - Finance Division, Polytechnic University of Marche - Department of Management, University of Zurich - Department of Economics, Toulouse School of Economics, Masaryk University, KU Leuven - Faculty of Business and Economics (FEB), Nottingham Trent University - Nottingham Business School, Catholic University of Louvain (UCL) - Louvain Finance (LFIN), Erasmus University Rotterdam (EUR), George Washington University, University of Hohenheim, Queen's University (Canada), Queen's School of Business, The Brattle Group, Faculty of Business and Economics, Dresden University of Technology, ESADE Business School, EDHEC Business School, The University of Sydney - Discipline of Finance, Stockholm Business School, Stockholm University, Salisbury University - Perdue School of Business, Cardiff Business School, VU University Amsterdam, University of Queensland - Business School, Georgetown University - Department of Economics, University of Wisconsin - Milwaukee - Department of Finance, University of Technology Sydney, Bank of England, Ibn Tofail University, Politecnico di Milano, Public Company Accounting Oversight Board, Macquarie University, UNSW Business School, HEC Paris - Finance Department, City University London - Bayes Business School, Universita della Svizzera italiana (USI Lugano), Open University of the Netherlands - School of Management, Ghent University - Department of Financial Economics, University of Essex - Essex Business School, Radboud University Nijmegen - Institute for Management Research, Ardea Investment Management, University of Vienna, Utrecht University - School of Economics, Universitat Pompeu Fabra, Columbia University, Utrecht University, Monash University - Department of Banking and Finance, University of Glasgow - Adam Smith Business School, University of Tübingen, HEC Montreal - Department of Finance, Stockholm University - Stockholm Business School, University of Liège - HEC Liège, Aalto University, American University - Department of Finance and Real Estate, University of Southern California - Marshall School of Business - Finance and Business Economics Department, Vienna University of Economics and Business, Aix-Marseille University - Aix-Marseille School of Economics, University of Vienna - Department of Statistics and Operations Research, Xi'an Jiaotong-Liverpool University (XJTLU), University of Utah - David Eccles School of Business, University of Zurich - Department of Economics, University of California, Berkeley - Haas School of Business, West Virginia University - John Chambers College of Business and Economics, Department of Finance, University of Gothenburg - Centre for Finance, Missouri State University - College of Business, European Central Bank (ECB), Indiana University - Kelley School of Business - Department of Finance, University of Miami - School of Business Administration - Department of Economics, Bank for International Settlements, Northeastern University - D'Amore-McKim School of Business, University of Orleans, VU University Amsterdam, University of New Mexico, Cardiff University, Saint Joseph University, Columbia University, Bank of England, Aalto University, University of Sussex, Universite du Luxembourg, Durham University, VU University Amsterdam, Ludwig Maximilian University of Munich (LMU), Aalto University, University of Manchester, Queen's University Belfast - Queen's Management School, Pontificia Universidad Católica de Chile, HEC Montreal, University of Adelaide, Chemnitz University of Technology (CUT) - Department of Economics, University of Warwick - Warwick Business School, University of Kiel - Institute for Quantitative Business and Economics Research (QBER), Halle Institute for Economic Research, Goethe University Frankfurt, University of Manchester - Manchester Business School, Northwestern University - Kellogg School of Management, University of Warwick - Warwick Business School, University of New South Wales (UNSW), Square Research Center, Independent Researcher, University of Liège - HEC Liège, HEC Paris - Finance Department, Goethe University Frankfurt - Faculty of Economics and Business Administration, Leibniz University Hannover, University of Zurich, Universite du Luxembourg, S&P Global Ratings, La Trobe University, UCSI University, Malaysia, Vienna University of Economics and Business, University of Cambridge, Purdue University, The University of Sydney, Universidad Autonoma de Madrid, Aalto University, Arizona State University (ASU) - Finance Department, University of California, Los Angeles (UCLA) - Finance Area, University of Florida - Department of Finance, Insurance and Real Estate, North Carolina State University - Department of Business Management, Swiss Finance Institute - USI Lugano, EPFL, University of Toronto - Rotman School of Management and UTSC Management, ESCP Europe - ESCP Europe - Turin Campus, Toulouse Business School - TBS Education, Swiss Finance Institute - HEC Lausanne, Independent, Universite de Toulouse 1 Capitole, Loyola Marymount University, Queen's University Belfast, University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Chicago, John von Neumann University - MNB Institute, Macquarie University, Copenhagen Business School, University of Florida - Department of Finance, Insurance and Real Estate, Radboud University, Stockholm University - Stockholm Business School, UNSW Australia Business School, School of Banking and Finance, Mississippi State University, University of Stavanger, University of Zurich - Department of Banking and Finance, Saint Louis University - Department of Finance, University of Graz, Royal Melbourne Institute of Technolog (RMIT University) - Blockchain Innovation Hub, University of Toronto, Universidad de las Islas Baleares, University of Michigan, Stephen M. Ross School of Business, University of Chicago - Booth School of Business, University of Technology Sydney (UTS), Duke University - Department of Economics, University of Illinois at Urbana-Champaign - Department of Finance, Goethe University Frankfurt - Faculty of Economics and Business Administration, University of Duisburg-Essen - Mercator School of Management, HEC Paris - Finance Department, University of Oregon - Department of Finance, University of Sydney Business School, Masaryk University - Department of finance, Missouri State University, Copenhagen Business School, The University of Wollongong, University of Technology Sydney (UTS), Indian Institute of Management, Ahmedabad, University of Texas at Arlington, University of Basel - Faculty of Business and Economics, University of Turin, University of Kiel, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), VU University Amsterdam, ESSEC Business School, University of Toronto, Universite du Luxembourg - Department of Finance, Aalto University, Queen's University - Smith School of Business, University of Innsbruck, Stockholm University - Stockholm Business School, State University of New York at Buffalo - School of Management, University of Edinburgh Business School, Oklahoma State University, HEC Paris - Finance Department, University of Quebec at Montreal (UQAM) - Faculty of Management (ESG), University of Lausanne, Bowling Green State University - Department of Finance, University of Edinburgh, York University - Schulich School of Business, HEC Montreal - Department of Finance, New Mexico State University, Federal Reserve Bank of New York, University of Cambridge - Judge Business School, Swiss Finance Institute - University of Geneva, University of Mannheim, The University of Manchester - Department of Economics, University of Graz, Deutsche Bundesbank, Macquarie University, Swiss Finance Institute - HEC Lausanne, University of Stuttgart, Heinrich Heine University Dusseldorf - Duesseldorf Institute for Competition Economics (DICE), Arizona State University (ASU), VU Amsterdam - School of Business and Economics, Federal Reserve Bank of New York, Wilfrid Laurier University - Lazaridis School of Business and Economics, Federal Housing Finance Agency, University of Zurich, Vienna University of Economics and Business, University of Western Australia, University of St. Gallen, University of New South Wales (UNSW), University of Memphis - Fogelman College of Business and Economics, Cardiff University, Universite du Luxembourg, New York University (NYU) - Leonard N. Stern School of Business, Aalto University, Eötvös Loránd University, University of Birmingham, University of Florida - Department of Finance, University of Bristol Business School, University of New South Wales (UNSW), University of Mannheim - Finance Area, Karlsruhe Institute of Technology, University of Bristol - Department of Finance and Accounting, Loyola Marymount University - Department of Finance, University of Bologna, Copenhagen Business School, Hong Kong Institute for Monetary and Financial Research (HKIMR), University of Mississippi - Department of Finance, Instituto Tecnológico Autónomo de México (ITAM) - Department of Business Administration, Vlerick Business School, Erasmus University Rotterdam (EUR), Lund University - Department of Economics, Frankfurt School of Finance & Management, University of Amsterdam Business School, Erasmus University Rotterdam (EUR), University of Copenhagen, Erasmus University Rotterdam (EUR), Utrecht University - School of Economics, Reykjavik University, Erasmus University Rotterdam, The Ohio State University - Fisher College of Business, University of Sydney Business School, University of Vienna - Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, University of Zurich - Department of Economics, University of Luxembourg, VU University Amsterdam, Asia University, Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, Halle Institute for Economic Research, University of Chicago - Booth School of Business, University of Victoria, Stockholm University - Stockholm Business School, University of Oklahoma Price College of Business, University of Murcia, University of Essex, Erasmus University Rotterdam, Central Michigan University, Aalto University, Columbia University, Singapore Management University - Lee Kong Chian School of Business, NHH Norwegian School of Economics - Department of Finance, University of Gothenburg, Centre for Finance, Stockholm University, Radboud University, Institute for Management Research, University of Manchester - Alliance Manchester Business School, Vrije Universiteit Amsterdam (VU Amsterdam), University of Melbourne - Department of Finance, University of Wollongong - School of Accounting, Economics & Finance, Erasmus University Rotterdam (EUR), Bank for International Settlements (BIS) - Monetary and Economic Department, University of Calgary - Haskayne School of Business, Vrije Universiteit Amsterdam, School of Business and Economics, Queen's University, HEC Paris, University of Birmingham, King’s College London, Cardiff Business School, Universidad Autonoma de Madrid, Singapore Management University, University of Zurich - Department of Finance, University of Tübingen, University of Luxembourg, affiliation not provided to SSRN, EDF Energy, United Kingdom, Aalto University, Norges Bank, State University of New York (SUNY) - Buffalo, Southwestern University of Finance and Economics (SWUFE), The University of Sydney, University of Toulouse Capitole, UC3M, University of Reading - ICMA Centre, Pontificia Universidad Católica de Chile and Zhongnan University of Economics and Law - School of Finance
Downloads 15,963 (482)
Citation 12

Abstract:

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nonstandard errors, multi-analyst study, liquidity

2.

Modeling Fundamental Analysis into Portfolio Selection

Quantitative Finance, Forthcoming
Number of pages: 26 Posted: 29 Mar 2016 Last Revised: 22 Jan 2018
Huazhu Zhang and Cheng Yan
Nomura Group and University of Essex
Downloads 271 (217,194)

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Fundamental Analysis; Mean-reversion; Appraisal/Information Ratio; Portfolio Selection

3.

Online Appendix to 'De facto time-varying indices-based benchmarks for mutual fund returns'

Number of pages: 19 Posted: 24 Sep 2019 Last Revised: 03 Jul 2022
Tingting Cheng, Cheng Yan and Yayi Yan
Nankai University - School of Finance, University of Essex and Shanghai University of Finance and Economics
Downloads 211 (276,604)

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Appendix

4.

Your Gender Identity Is Who You Are: Female CEOs and Corporate Debt Structure

Number of pages: 44 Posted: 06 May 2020
Qi Zhu, Yuxuan Huang, Cheng Yan and Yeqin Zeng
Central South University, Hunan University, University of Essex and Durham University Business School, Finance and Economics
Downloads 208 (280,327)

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Gender, CEO, Debt Structure, Risk Aversion

5.

Marijuana Legalization and Firms' Cost of Equity

Number of pages: 65 Posted: 02 Apr 2024
University of Tennessee, University of Tennessee and University of Essex
Downloads 203 (288,021)

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Marijuana Legalization, Cost of Equity, Labor Search Frictions, Adjustment Cost Shocks, Labor Skill, Innovation

6.

Estimating and Testing Long-Run Risk Models: International Evidence

Number of pages: 87 Posted: 01 Jun 2021 Last Revised: 19 Oct 2022
Andras Fulop, Junye Li, Hening Liu and Cheng Yan
ESSEC Business School, Fudan University - School of Management, The University of Manchester - Alliance Manchester Business School and University of Essex
Downloads 176 (326,003)

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Consumption, equity premium, long run risk, stochastic discount factor, sequential Monte Carlo

7.

Bankruptcy Prediction with Financial Systemic Risk

The European Journal of Finance, 26:7-8, 666-690
Number of pages: 50 Posted: 23 Jul 2019 Last Revised: 01 Jun 2020
The University of Edinburgh - Business School, University of Glasgow, University of Essex and Nottingham University Business School
Downloads 156 (361,638)
Citation 1

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Bankruptcy prediction; Systemic risk; Hazard model

8.

Three High-Dimensional Cross-Sectional Tests for Fund Performance Evaluation

Number of pages: 48 Posted: 08 Jul 2019
Tingting Cheng, Cheng Yan and Yayi Yan
Monash University, University of Essex and Shanghai University of Finance and Economics
Downloads 142 (392,414)

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Performance Evaluation, Mutual Fund, Hedge Fund, Crisis, Arbitrage

9.

Foreign Investors in Emerging Equity Markets: Currency Effect Perspective

Journal of Investment Consulting, Vol. 16, No. 1, 43-72, 2015
Number of pages: 32 Posted: 03 Oct 2015
Cheng Yan
University of Essex
Downloads 120 (444,385)

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Foreign Investor, Capital Flows, Local Equity Market, Exchange Rate

10.

Animal spirits: Superstitious behavior by mutual fund managers

Number of pages: 66
Zhejiang University of Technology, Inner Mongolia University of Finance and Economics, University of Cambridge and University of Essex
Downloads 119

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Zodiac year, Risk-taking, Mutual funds, Behavioral finance, Asset management, Investment Strategies, Superstition

11.

Does the Relative Importance of Push and Pull Factors of Foreign Capital Flows Vary Across Quantiles?

Number of pages: 42 Posted: 21 May 2020 Last Revised: 20 Jul 2021
Xichen Wang and Cheng Yan
Chongqing Technology and Business University and University of Essex
Downloads 114 (461,808)

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Foreign flows; Emerging market; Surge; Sudden stop; Global financial cycle

12.

Mean-Variance versus Naïve Diversification: The Role of Mispricing

Journal of International Financial Markets, Institutions and Money, 2017 (48), 61-81, 2017
Number of pages: 48 Posted: 25 Mar 2017 Last Revised: 14 Sep 2017
Cheng Yan and Huazhu Zhang
University of Essex and Nomura Group
Downloads 110 (474,144)

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portfolio choice, mean-variance, 1/N naive diversification, mispricing

13.

On cross-border bank credit and the U.S. financial crisis transmission to equity markets

Journal of International Money and Finance, Vol. 69, No. 108-134, 2016
Number of pages: 46 Posted: 07 Apr 2015 Last Revised: 24 Mar 2017
University of Essex, City University London - The Business School and Bayes Business School, City, University of London
Downloads 108 (480,432)
Citation 3

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U.S. financial crisis; Crisis transmission channel; Capital flows; Bank credit; International trade; Causality; Emerging markets

14.

Hot Money in Bank Credit Flows to Emerging Markets During the Banking Globalization Era

Journal of International Money and Finance, Vol. 60, No. 29-52, 2016
Number of pages: 40 Posted: 05 Nov 2014 Last Revised: 24 Mar 2017
Bayes Business School, City, University of London, City University London - The Business School and University of Essex
Downloads 102 (500,455)
Citation 3

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International capital flows; Hot money; Crisis transmission; Banking globalisation; Kalman filter

15.

Evaluating the Size of the Bootstrap Method for Fund Performance Evaluation

Economics Letters, 2017 (156), 36-41, 2017
Number of pages: 12 Posted: 25 Mar 2017 Last Revised: 14 Sep 2017
Tingting Cheng and Cheng Yan
Monash University and University of Essex
Downloads 77 (595,821)

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Performance evaluation, Bootstrap, Monte Carlo simulation, Unobservable factors

16.

Uncovered Equity 'Disparity' in Emerging Markets

Journal of International Money and Finance, Volume 98, November 2019, 102-166
Number of pages: 49 Posted: 22 Jul 2018 Last Revised: 20 Feb 2020
Bayes Business School, City, University of London, City University London - The Business School and University of Essex
Downloads 76 (600,157)
Citation 10

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Uncovered Equity Parity; Equity flows; Equity returns; Foreign exchange rates; Return-chasing; Asian markets

17.

Does Carbon Price Uncertainty Affect Stock Price Crash Risk? Evidence from China

Number of pages: 44 Posted: 10 Nov 2022
University of Southampton, Central South University, Central South University, University of Essex and Istanbul Medeniyet University
Downloads 71 (623,181)

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carbon price uncertainty, stock price crash risk, information asymmetry, investors' heterogeneity, bad news hoarding

18.

Do Active Chinese Equity Fund Managers Produce Positive Alpha? A Comprehensive Performance Evaluation

Number of pages: 61 Posted: 10 Jan 2024
Nankai University, University of London, Nankai University and University of Essex
Downloads 58 (689,757)

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Mutual fund performance, Skill vs. luck, False Discovery, Bootstrap, Simulation

19.

Internet Appendix to Accompany 'Bankruptcy Prediction with Financial Systemic Risk'

Number of pages: 10 Posted: 22 Jul 2019
The University of Edinburgh - Business School, University of Glasgow, University of Essex and Nottingham University Business School
Downloads 57 (695,211)

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20.

Hot Money in Disaggregated Capital Flows

European Journal of Finance, Forthcoming
Number of pages: 55 Posted: 30 Nov 2017
Cheng Yan
University of Essex
Downloads 57 (695,211)
Citation 2

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Hot money, Equity flows, Bond flows, Bank credit, Equity price, Emerging market

21.

Does Hot Money in Equity Flows Affect Emerging Stock Markets?

Journal of Investment Consulting, Vol. 18, no. 1, 2017, pp. 41-53
Number of pages: 16 Posted: 02 Feb 2018
Cheng Yan
University of Essex
Downloads 51 (730,781)

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hot money, equity flows, emerging stock markets

22.

Alumni Network Centrality and Competitive Aggressiveness

Accepted in British Journal of Managment at 06-Jun-2024
Number of pages: 72 Posted: 16 May 2024 Last Revised: 13 Jun 2024
Zhejiang University of Technology, Florida Atlantic University, Sun Yat-sen University (SYSU) - Lingnan (University) College, Shanghai University of Finance and Economics and University of Essex
Downloads 49 (743,366)

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Social Network; Alumni Network Centrality; Competitive Aggressiveness

23.

Online Appendix to 'Improved inference for fund alphas using high-dimensional cross-sectional tests'

Number of pages: 59 Posted: 10 Jul 2019 Last Revised: 03 Jul 2022
Tingting Cheng, Cheng Yan and Yayi Yan
Monash University, University of Essex and Shanghai University of Finance and Economics
Downloads 47 (756,271)
Citation 2

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24.

Does Ambiguity Matter for Corporate Debt Financing? Theory and Evidence

Journal of Corporate Finance, Forthcoming
Number of pages: 97 Posted: 14 May 2023
Wenlan school of Business at Zhongnan University of Economics and Law, Zhongnan University of Economics and Law, University of Essex, Independent and National Tsing Hua University
Downloads 43 (790,795)
Citation 1

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ambiguity; information constraints; corporate debt; SMM estimation; pricing kernel

25.

Internet Appendix to Accompany ‘Does the Relative Importance of Push and Pull Factors of Foreign Capital Flows Vary Across Quantiles?’

Number of pages: 17 Posted: 21 May 2020
Cheng Yan and Xichen Wang
University of Essex and Chongqing Technology and Business University
Downloads 24 (942,862)

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Foreign flows; Emerging market; Surge; Sudden stop; Global financial cycle

26.

Public Environmental Concerns and Intra-Firm Pay Gap in Polluting Enterprises: Evidence from China

Posted: 17 Mar 2023
Zhongnan University of Economics and Law, University of Essex and Fudan University - Fanhai International School of Finance (FISF)

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27.

Peer Effects in the Online Peer-To-Peer Lending Market: Ex-Ante Selection and Ex-Post Learning

Posted: 17 Mar 2023
Zhongnan University of Economics and Law, Fudan University - Fanhai International School of Finance (FISF), University of Essex and University of Bradford

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28.

The Effect of Managerial Ability on Corporate Social Responsibility and Firm Value in the Energy Industry

Corporate Social Responsibility and Environmental Management, 28 (2), 581-594, 2023
Posted: 16 Mar 2023
Wenlan School of Business, Zhongnan University of Economics and Law, Zhongnan University of Economics and Law and University of Essex

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29.

Public Environmental Concern, CEO Turnover, and Green Investment: Evidence from a Quasi-Natural Experiment in China

Energy Economics, No. 105379, 2023
Posted: 16 Mar 2023
Fudan University - Fanhai International School of Finance (FISF), Zhongnan University of Economics and Law and University of Essex

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30.

China's Historical Imperial Examination System and Corporate Social Responsibility

Pacific-Basin Finance Journal, Vol. 72, No. 101734, 2022
Posted: 16 Mar 2023
Independent, ShanDong University of Finance and Economics, University of Essex and Zhongnan University of Economics and Law

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31.

Effect of Green Financial Reform and Innovation Pilot Zones on Corporate Investment Efficiency

Energy Economics, Forthcoming
Posted: 16 Mar 2023
University of Essex, Independent and Zhongnan University of Economics and Law

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32.

Societal Trust and Firm-Level Trust: Substitute or Complement? An International Evidence

International Review of Financial Analysis, Forthcoming
Posted: 16 Mar 2023
Nanjing University of Finance and Economics - School of Finance, Zhongnan University of Economics and Law, University of Essex and Systemic Risk Centre, London School of Economics

Abstract:

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33.

Bank Competition and Cost of Equity Capital

Posted: 30 Jun 2022 Last Revised: 30 Sep 2022
Yangke Liu, Cheng Yan and Weining Zhang
Queen's Management School, University of Essex and Cheung Kong Graduate School of Business

Abstract:

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Bank Deregulation; Banking Competition; Cost of Equity; Cost of Capital; Risk

34.

The influence of green innovation on disclosure quality: The mediation role of media attention

Technological Forecasting and Social Change, forthcoming
Posted: 03 Sep 2021 Last Revised: 15 Mar 2023
Zhongnan University of Economics and Law, Independent, University of Essex and affiliation not provided to SSRN

Abstract:

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35.

Does Public Environmental Concern Promote New Energy Enterprises' Development? Evidence from a Quasi-Natural Experiment

Energy Economics, Forthcoming
Posted: 09 Aug 2021 Last Revised: 15 Mar 2023
affiliation not provided to SSRN, Zhongnan University of Economics and Law, Coventry University - School of Strategy and Leadership and University of Essex

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Other Papers (2)

Total Downloads: 57
1.

A Skeptical Appraisal of the Bootstrap Approach in Fund Performance Evaluation

Number of pages: 70 Posted: 06 Aug 2015 Last Revised: 15 Sep 2017
Huazhu Zhang and Cheng Yan
Nomura Group and University of Essex
Downloads 48 (908,182)

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Monte Carlo simulation; Performance evaluation; Bootstrapping; Fama–French model; Alpha

2.

Online Appendix to 'Evaluating the Size of the Bootstrap Method for Fund Performance Evaluation'

Number of pages: 3 Posted: 17 Aug 2019
Tingting Cheng and Cheng Yan
Nankai University - School of Finance and University of Essex
Downloads 9

Abstract:

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Appendix