July 6-9, 2021, Online and Onsite in Shanghai, China

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Session

Asset Pricing and Monetary Policies

Time:Thursday, July 8, 2021 13:30 - 15:15Location:Stream 1Session Chair:Erica Li, Cheung Kong Graduate School of Business Zoom:

AGGREGATE AND DISTRIBUTIONAL IMPACTS OF LTV POLICY: EVIDENCE FROM CHINA’S MICRO DATA

Kaiji Chen; Emory University

Qing Wang; Southwestern University of Finance and Economics

Tong Xu; Southwestern University of Finance and Economics

Tao Zha; Emory University

  Presenter: Tong Xu, Southwestern University of Finance and Economics

  Discussant: Zhiwei Xu, Shanghai Jiao Tong University

Asset Growth Effect and Q Theory of Investment

Leonid Kogan; Massachusetts Institute of Technology

Jun Li; University of Texas at Dallas

Xiaotuo Qiao; Harbin Institute of Technology

  Presenter: Jun Li, University of Texas at Dallas

  Discussant: Zhongzhi Song, Cheung Kong Graduate School of Business

Monetary Policy Transmission with Heterogeneous Banks and Firms: The Case of China

Guofeng Sun; People's Bank of China

Ji Zhang; PBC School of Finance, Tsinghua University

Xiaodong Zhu; University of Toronto

  Presenter: Ji Zhang, PBC School of Finance, Tsinghua University

  Discussant: Wenbin Wu,  Fudan University

Common Fund Flows: Flow Hedging and Factor Pricing

Winston Dou; University of Pennsylvania

Leonid Kogan; Massachusetts Institute of Technology

Wei Wu; Texas A&M University

  Presenter: Winston Dou, University of Pennsylvania

  Discussant: Shiyang Huang, The University of Hong Kong

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