Haoyuan Ding

TL;DR: In this paper, the causal relationships between WTI and Dubai crude oil returns and five stock index returns (S&P 500, Nikkei, Hang Seng, Shanghai, and KOSPI) within the quantile causality framework were investigated.

TL;DR: In this paper, the authors investigated the non-linear causal relationship between real estate property and stock returns in China from the perspective of conditional quantiles, and the results of the quantile causality test suggest a significant causal relationship among these two markets, especially in the tail quantile.

TL;DR: In this paper, a simple model was proposed to demonstrate the underlying mechanisms of Chinese-style institutions and how this institutional feature affects firm exports, showing that politically connected firms gain a comparative advantage in contract-intensive and financially-dependent sectors.

TL;DR: In this paper, the authors examine the effect of anti-corruption campaigns on the stock market in China and find that the announcement of inspections of provincial governments by the Central Commission for Discipline Inspection (CCDI) on May 17, 2013 represents a significant departure from past norms of anticorruption campaigns, and thus serves a rare empirical opportunity to examine the equilibrium effects of such campaigns for firms.

TL;DR: This paper examined the stock market responses to two symbolic events in the outbreak of COVID-19: (1) the lockdown of Hubei province; (2) the containment of the disease in China and its spread to overseas.