Yang Su

CUHK Business School

Cheng Yu Tung Building

12 Chak Cheung Street

Shatin, N.T.

Hong Kong

SCHOLARLY PAPERS

7

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SSRN CITATIONS
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Top 32,535

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16

CROSSREF CITATIONS

18

Ideas:
“  My main research interests include public finance, real estate, banking and Chinese financial markets. In my current research agenda, I focus on municipal finance and the interactions between government financing behaviors, real estate market and the real economy. I am also interested in the information and moral hazard issues in the banking industry.  ”

Scholarly Papers (7)

Fiscal Stimulus, Deposit Competition, and the Rise of Shadow Banking: Evidence from China

Forthcoming, Management Science
Number of pages: 75 Posted: 18 Jun 2019 Last Revised: 15 May 2024
New York University (NYU) - Leonard N. Stern School of Business, Fudan University - International School of Finance (FISF), CUHK Business School and Tsinghua University - School of Economics & Management
Downloads 2,007 (15,464)
Citation 29

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Bank deposits, off-balance sheet liabilities, wealth management products, rollover risk, financial fragility

Fiscal Stimulus, Deposit Competition, and the Rise of Shadow Banking: Evidence from China

NBER Working Paper No. w32034
Number of pages: 63 Posted: 16 Jan 2024
New York University (NYU) - Leonard N. Stern School of Business, Fudan University - International School of Finance (FISF), CUHK Business School and Tsinghua University - School of Economics & Management
Downloads 2 (1,225,510)
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Zoning for Profits: How Public Finance Shapes Land Supply in China

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-24
Number of pages: 69 Posted: 10 Feb 2022 Last Revised: 24 Feb 2024
Stanford University - Knight Management Center, University of Chicago - Booth School of Business, CUHK Business School, University of Chicago - Booth School of Business and Tsinghua University - PBC School of Finance
Downloads 263 (223,250)

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Municipal Finance, Land Zoning, Municipal Corporate Bonds, Tax Sharing, Housing Markets

Zoning for Profits: How Public Finance Shapes Land Supply in China

NBER Working Paper No. w30504
Number of pages: 73 Posted: 26 Sep 2022 Last Revised: 17 May 2023
Stanford University - Knight Management Center, University of Chicago - Booth School of Business, CUHK Business School, University of Chicago - Booth School of Business and Tsinghua University - PBC School of Finance
Downloads 22 (993,264)
Citation 2

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3.

Dynamic Liquidity Management with Information Asymmetry

Number of pages: 49 Posted: 08 Aug 2019 Last Revised: 06 Sep 2019
Yang Su
CUHK Business School
Downloads 200 (290,441)

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liquidity, securitization, information asymmetry, financial intermediary

4.

Local Government Financial Constraint and Spending Multiplier in China

Number of pages: 92 Posted: 24 Oct 2022 Last Revised: 12 Jan 2023
Yang Su
CUHK Business School
Downloads 195 (298,693)

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government spending multiplier, public finance, financial constraint, land finance, spillover, China

5.

Measuring Welfare Gains from Online Stores:Theory and Evidence from the Supreme Court's Wayfair Decision

Number of pages: 66 Posted: 24 Mar 2023
Zijian He and Yang Su
Yale University and CUHK Business School
Downloads 164 (346,622)

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online shopping, spatial frictions, sales tax, consumer welfare

6.

Empowering through Courts: Judicial Centralization and Municipal Financing in China

Number of pages: 65 Posted: 19 Mar 2024
Jiayin Hu, Wenwei Peng and Yang Su
Peking University - National School of Development (NSD), Harvard University and CUHK Business School
Downloads 158 (359,573)

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judicial centralization, court capture, lawsuit, public finance, information asymmetry, municipal corporate bond JEL classifications: G12

7.

In the Shadow of Banks: Wealth Management Products and Issuing Banks' Risks in China

CEPR Discussion Paper No. DP14957
Number of pages: 65 Posted: 29 Jun 2020 Last Revised: 16 Aug 2020
New York University (NYU) - Leonard N. Stern School of Business, Fudan University - International School of Finance (FISF), CUHK Business School and Tsinghua University - School of Economics & Management
Downloads 0 (1,201,305)
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deposit competition, financial fragility, regulatory arbitrage, Rollover Risk, shadow banking