Wenlan Qian

National University of Singapore - NUS Business School

Associate Professor of Finance

15 Kent Ridge Drive

Singapore 117592, 119245

Singapore

http://sites.google.com/site/wenlanqian/

SCHOLARLY PAPERS

26

DOWNLOADS
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Top 5,582

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7,224

CITATIONS
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SSRN RANKINGS

Top 30,620

in Total Papers Citations

7

Scholarly Papers (26)

1.
Downloads 1,379 ( 12,470)
Citation 1

How Constraining Are Limits to Arbitrage?

Institute of Global Finance Working Paper No. 7
Number of pages: 69 Posted: 20 Nov 2013 Last Revised: 06 May 2016
Alexander Ljungqvist and Wenlan Qian
New York University (NYU) - Department of Finance and National University of Singapore - NUS Business School
Downloads 1,317 (13,094)
Citation 1

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Informational arbitrage, limits to arbitrage, short sale constraints, mispricing, short selling, activist short sellers, trading strategies, behavioral finance, market efficiency

How Constraining are Limits to Arbitrage? Evidence from a Recent Financial Innovation

NBER Working Paper No. w19834
Number of pages: 52 Posted: 25 Jan 2014 Last Revised: 05 Feb 2014
Alexander Ljungqvist and Wenlan Qian
New York University (NYU) - Department of Finance and National University of Singapore - NUS Business School
Downloads 62 (338,795)
Citation 1

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2.

Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission

Number of pages: 50 Posted: 27 Dec 2018
National University of Singapore, University of Wisconsin - Madison - School of Business, Peking University, Nankai University, National University of Singapore - NUS Business School and National University of Singapore (NUS) - NUS Business School
Downloads 612 (40,492)

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Consumption, Monetary Policy, Disposable Income Shocks, MPC, Mortgage, Housing, Policy, Constraints, Credit Access, Wealthy Hand-to-Mouth, Debt, Deleverage, Credit Cards, Household Finance, China

3.

Consumption and Debt Response to Unanticipated Income Shocks: Evidence from a Natural Experiment in Singapore

Number of pages: 77 Posted: 04 Apr 2013 Last Revised: 24 Jul 2014
Sumit Agarwal and Wenlan Qian
National University of Singapore and National University of Singapore - NUS Business School
Downloads 580 (43,344)
Citation 1

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Consumption, Spending, Debt, Credit Cards, Household Finance, Banks, Loans, Durable Goods, Discretionary Spending, Fiscal Policy, Tax Rebates, Liquidity Constraints, Credit Constraints, Precautionary Savings, Anticipated and Unanticipated Income Shocks, Announcement Effects.

4.

Competition of the Informed: Does the Presence of Short Sellers Affect Insider Selling?

Journal of Financial Economics (JFE), Forthcoming, INSEAD Working Paper No. 2014/63/FIN
Number of pages: 51 Posted: 10 Dec 2014 Last Revised: 11 Dec 2014
Massimo Massa, Wenlan Qian, Weibiao Xu and Hong Zhang
INSEAD - Finance, National University of Singapore - NUS Business School, National University of Singapore (NUS) and Tsinghua University - PBC School of Finance
Downloads 467 (57,079)

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Short Selling, Insider Trading, Informed Trader, Market Efficiency

5.

Access to Home Equity and Consumption: Evidence from a Policy Experiment

Number of pages: 47 Posted: 19 Jun 2013 Last Revised: 30 Sep 2015
Sumit Agarwal and Wenlan Qian
National University of Singapore and National University of Singapore - NUS Business School
Downloads 451 (59,593)

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Consumption, Spending, Debt, Credit Cards, Home Equity, Household Finance, Banks, Loans, Durable Goods, Discretionary Spending, Precautionary Savings, Credit Constraints

6.

Age of Decision: Pension Savings Withdrawal and Consumption and Debt Response

Number of pages: 56 Posted: 28 Aug 2014 Last Revised: 24 Apr 2018
Sumit Agarwal, Jessica Pan and Wenlan Qian
National University of Singapore, National University of Singapore (NUS) and National University of Singapore - NUS Business School
Downloads 415 (66,305)

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Aging, Pension Savings, Consumption, Spending, Debt, Credit Cards, Household Finance, Banks, Loans, Durable Goods, Discretionary Spending, Liquidity Constraints, Credit Constraints

7.

Disaggregated Sales and Stock Returns

Georgetown McDonough School of Business Research Paper No. 2892184, Asian Finance Association (AsianFA) 2018 Conference
Number of pages: 81 Posted: 09 Jan 2017 Last Revised: 03 Jan 2018
Sumit Agarwal, Wenlan Qian and Xin Zou
National University of Singapore, National University of Singapore - NUS Business School and Hong Kong Baptist University (HKBU)
Downloads 405 (67,901)

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return predictability, disaggregated sales, customer demand, credit cards, consumption, household finance, financial institution, big data

8.

Mobile Wallet and Entrepreneurial Growth

Number of pages: 30 Posted: 27 Dec 2018
National University of Singapore, National University of Singapore - NUS Business School, National University of Singapore - Business School and Hong Kong Baptist University (HKBU)
Downloads 311 (92,007)

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mobile wallet, cashless payment, entrepreneurship, small business, sales growth, credit card, debit card, banking, fintech, digital economy

9.

Thy Neighbor’s Misfortune: Peer Effect on Consumption

Number of pages: 65 Posted: 19 May 2016 Last Revised: 13 Nov 2017
Sumit Agarwal, Wenlan Qian and Xin Zou
National University of Singapore, National University of Singapore - NUS Business School and Hong Kong Baptist University (HKBU)
Downloads 304 (94,370)

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Peer Effect, Social Multiplier, Consumption, Spending, Bankruptcy, Debt, Credit Cards, Household Finance, Banks, Loans, Durable Goods, Discretionary Spending

Tax Differential and Cross-Border Shopping: Evidence from Singapore

Number of pages: 49 Posted: 08 May 2013 Last Revised: 02 Mar 2017
National University of Singapore, Office of the Comptroller of the Currency (OCC), National University of Singapore - NUS Business School and National University of Singapore (NUS)
Downloads 211 (136,856)

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Consumption, Spending, Credit Cards, Household Finance, Banks, Discretionary Spending, Fiscal Policy, Tax

Tax Differential and Cross-Border Shopping: Evidence from Singapore

Georgetown McDonough School of Business Research Paper No. 3038550
Number of pages: 41 Posted: 19 Sep 2017 Last Revised: 12 Apr 2018
National University of Singapore, Office of the Comptroller of the Currency (OCC), National University of Singapore - NUS Business School and Nankai University - School of Finance
Downloads 56 (356,619)

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Cross Border Shopping, Consumption, Spending, Credit Cards, Household Finance, Banks, Discretionary Spending, Fiscal Policy, Taxation

11.

Speculative Investors and Transactions Tax: Evidence from the Housing Market

Number of pages: 51 Posted: 19 Sep 2011 Last Revised: 22 Apr 2015
Yuming Fu, Wenlan Qian and Bernard Yin Yeung
National University of Singapore, National University of Singapore - NUS Business School and National University of Singapore - Business School
Downloads 267 (108,367)

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transaction tax, volatility, speculators, informed traders, noise traders, housing market

12.

Golf Buddies and Board Diversity

Number of pages: 17 Posted: 13 Dec 2015
National University of Singapore, National University of Singapore - NUS Business School, National University of Singapore and National University of Singapore (NUS) - Department of Real Estate
Downloads 261 (110,999)

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Board of Directors, Golf, Gender, Board Diversity

13.

Disguised Corruption: Evidence from Consumer Credit in China

Number of pages: 68 Posted: 13 Apr 2018 Last Revised: 06 Dec 2018
Sumit Agarwal, Wenlan Qian, Amit Seru and Jian Zhang
National University of Singapore, National University of Singapore - NUS Business School, Stanford University and Hong Kong Baptist University (HKBU) - Department of Finance and Decision Sciences
Downloads 246 (118,469)

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Corruption, Credit Cards, Credit, Debt, Household Finance, Government, Bureaucrats, Banking, Political Connections, China

14.

Housing Booms and Shirking

Number of pages: 56 Posted: 19 Jun 2018 Last Revised: 09 Oct 2018
Quanlin Gu, Jia He and Wenlan Qian
Peking University, Nankai University and National University of Singapore - NUS Business School
Downloads 234 (124,642)

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Housing booms, house wealth, shirking, effort, productivity, credit card, household finance, land auction, China

15.

The Composition Effect of Consumption around Retirement: Evidence from Singapore

Number of pages: 18 Posted: 01 Nov 2014
Sumit Agarwal, Jessica Pan and Wenlan Qian
National University of Singapore, National University of Singapore (NUS) and National University of Singapore - NUS Business School
Downloads 217 (133,593)

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Life Cycle, Aging, Pension Savings, Consumption, Spending, Debt, Credit Cards, Household Finance, Banks, Loans, Durable Goods, Discretionary Spending, Liquidity Constraints, Credit Constraints

16.

Does (and What) Illiquidity Matter for Real Estate Prices? Measure and Evidence

Number of pages: 38 Posted: 21 Jan 2012
Wenlan Qian and Peng Liu
National University of Singapore - NUS Business School and Cornell University
Downloads 175 (163,781)

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liquidity, real estate, price impact, search cost, flight-to-liquidity, crisis

17.

The Effectiveness of Housing Collateral Tightening Policy

Number of pages: 46 Posted: 15 Feb 2017 Last Revised: 12 Apr 2018
National University of Singapore, National University of Singapore (NUS) and National University of Singapore - NUS Business School
Downloads 129 (209,946)

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credit supply, mortgage market, household finance

18.

Short Term Buyers and Housing Market Dynamics

Number of pages: 45 Posted: 12 Sep 2008 Last Revised: 01 Feb 2012
Robert H. Edelstein and Wenlan Qian
University of California, Berkeley - Fisher Center for Real Estate and Urban Economics and National University of Singapore - NUS Business School
Downloads 118 (224,539)

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transaction cost, trading volume, return predictability, housing market, short term investors

19.

The Hidden Peril: The Role of the Condo Loan Market in the Recent Financial Crisis

Number of pages: 48 Posted: 08 Nov 2012 Last Revised: 07 May 2014
National University of Singapore, University of Wisconsin - Madison - School of Business, National University of Singapore (NUS) - Department of Real Estate and National University of Singapore - NUS Business School
Downloads 113 (231,784)

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Financial Crisis, Condo Market, Default, Mortgages, Household Finance, Investors, Speculators, Subprime Mortgages

Speculators and Price Overreaction in the Housing Market

Number of pages: 42 Posted: 18 Mar 2011 Last Revised: 23 Oct 2012
Yuming Fu and Wenlan Qian
National University of Singapore and National University of Singapore - NUS Business School
Downloads 102 (250,745)
Citation 3

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short-term speculators, price overreaction, momentum trading, housing market

Speculators and Price Overreaction in the Housing Market

Real Estate Economics, Vol. 42, Issue 4, pp. 977-1007, 2014
Number of pages: 31 Posted: 28 Nov 2014
Yuming Fu and Wenlan Qian
National University of Singapore and National University of Singapore - NUS Business School
Downloads 1 (646,290)
Citation 3
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Speculators and Price Overreaction in the Housing Market

Real Estate Economics, Forthcoming
Posted: 17 Apr 2013
Yuming Fu and Wenlan Qian
National University of Singapore and National University of Singapore - NUS Business School

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short-term speculators, price overreaction, momentum trading, housing market

Why Do Sellers Hold Out in the Housing Market? An Option-Based Explanation

Number of pages: 44 Posted: 24 Jul 2010 Last Revised: 31 Jan 2012
Wenlan Qian
National University of Singapore - NUS Business School
Downloads 85 (282,588)
Citation 1

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trading volume, real estate liquidity, housing market, real options

Why Do Sellers Hold Out in the Housing Market? An Option‐Based Explanation

Real Estate Economics, Vol. 41, Issue 2, pp. 384-417, 2013
Number of pages: 34 Posted: 18 Jun 2013
Wenlan Qian
National University of Singapore - NUS Business School
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Why Do Sellers Hold Out in the Housing Market? An Option-Based Explanation

Real Estate Economics, Forthcoming
Posted: 22 Feb 2012
Wenlan Qian
National University of Singapore - NUS Business School

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trading volume, liquidity, housing market, real options

22.
Downloads 36 (420,115)
Citation 1

How Constraining Are Limits to Arbitrage?

27th Australasian Finance and Banking Conference 2014 Paper
Number of pages: 57 Posted: 22 Aug 2014
Alexander Ljungqvist and Wenlan Qian
New York University (NYU) - Department of Finance and National University of Singapore - NUS Business School
Downloads 33 (442,521)
Citation 1

Abstract:

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Informational arbitrage, limits to arbitrage; short sale constraints; mispricing; short selling; activist short sellers; trading strategies; behavioral finance; market efficiency

How Constraining are Limits to Arbitrage?

Number of pages: 58 Posted: 29 Jul 2014
Alexander Ljungqvist and Wenlan Qian
New York University (NYU) - Department of Finance and National University of Singapore - NUS Business School
Downloads 3 (622,334)
Citation 1

Abstract:

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informational arbitrage; limits to arbitrage; short sale constraints; mispricing; short selling; activist short sellers; trading strategies; behavioral finance; market efficiency

23.

Consumption Response to Temporary Price Shock: Evidence from Singapore's Annual Sale Event

Georgetown McDonough School of Business Research Paper No. 3035787
Number of pages: 42 Posted: 14 Sep 2017 Last Revised: 07 Oct 2017
Sumit Agarwal, Kang Mo Koo and Wenlan Qian
National University of Singapore, Deakin University-Department of Finance and National University of Singapore - NUS Business School
Downloads 34 (428,055)

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Consumption, Great Singapore Sale, credit card, debit card, household finance, spending, transitory shocks, fiscal stimulus program

24.

Speculative Investors and Tobin's Tax in the Housing Market

NBER Working Paper No. w19400
Number of pages: 44 Posted: 06 Sep 2013
Yuming Fu, Wenlan Qian and Bernard Yin Yeung
National University of Singapore, National University of Singapore - NUS Business School and National University of Singapore - Business School
Downloads 15 (524,897)

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25.

Short-Term Buyers and Housing Market Dynamics

Journal of Real Estate Finance and Economics, Vol. 49, No. 4, 2014
Posted: 15 Nov 2014
Robert H. Edelstein and Wenlan Qian
University of California, Berkeley - Fisher Center for Real Estate and Urban Economics and National University of Singapore - NUS Business School

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Trading volume; Return predictability; Housing markets; Short term buyers

26.

Smart Institutions: The Sell Side of It

Posted: 29 Mar 2010 Last Revised: 15 Jan 2019
Wenlan Qian
National University of Singapore - NUS Business School

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institutional investors, return predictability, information advantage, market efficiency