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  • Yu-Jane Liu: Beyond Investment Misconceptions, Be a Wise Investor

    Yu-Jane Liu has published the book Mistakes you could have avoided: Investing Lessons from Behavioral Finance, which summarizes the various investment biases that investors may make from behavioral finance and behavioral decision theory. She said at the Forum on Inclusive Growth in the New Development Stage, that there are many ways to educate investors, but to better transform and improve investment behavior, there is a need to better understand the motivations of investors.

    Jul 27, 2022

  • Weng Xi:Common prosperity needs to be implemented into concrete and enforceable policies

    Editor’s note:At the 10th meeting of the Central Finance and Economics Commission, common prosperity was included in the second century goal. Speaking at the Forum on Inclusive Growth in the New Development Stage, Weng Xi, the professor at Guanghua School of Management, Peking University, said achieving common prosperity requires a deep understanding of its sustainability, ambiguity, and compl...

    Jul 26, 2022

  • Proactive fiscal policy to narrow urban-rural income gap

    The crisis we are facing now is largely the result of polarization around the world and the widening income and wealth inequality. In the United States, for example, there was barely any increase in the incomes of the bottom 50 percent earners from 1978 to 2015, with the middle 40 percent's incomes increasing only 0.9 percent per year on average.And the fact that a large number of people have n...

    Jul 25, 2022

  • Beijing Launches Consumption Vouchers Scheme to Stimulate Waning Spending

    Beijing plans to offer residents consumption vouchers to stimulate sluggish spending, joining a chorus of local governments facing plummeting consumer confidence in the fallout of Covid-19 lockdowns.The municipal government will hand out 100 million ($14.9 million) in vouchers exclusively for eating out, as well as an unspecified number of suburb touring vouchers, according to its latest stimul...

    Jul 13, 2022

  • Carbon leakage and low-carbon performance: Heterogeneity of responsibility perspectives

    Guanghua's Professor Ming Lei and his team reviews the #carbon #responsibility #principle by accounting for #carbon #leakage in the #low-carbon performance evaluation system and offers policies to address the current limitations after concluding his findings.

    Jun 23, 2022

  • Does Corporate Venture Capital pay? And if it does, who does it pay?

    There are three widely acknowledged domains of performance outcomes that are affected by CVC investments, the financial performance of corporate investor, strategic performance of corporate investor and venture performance. In this study, Peiyuan Huang, assistant professor from Guanghua School of Management used meta-analysis to synthesize how well CVC investment performs in each of these distinctive performance domains.

    May 26, 2022

  • Would equal time allocation between family and work bring greater happiness in females?

    People usually believe that more equal time allocation between family and work would bring greater happiness to females. But is that true in real life? To answer this question, Jia Gai, assistant professor in marketing at Guanghua School of Management at Peking University conducted research about female happiness and the resource allocation between family and work with professor Yanping Tu and Jing Xu.

    May 26, 2022

  • ‘‘Moving Umbrella’’: Bureaucratic transfers and the comovement of interregional investments in China

    “State capitalism” has been a key feature to many robust economies such as China in recent decades. Yet, little is known about how bureaucratic transfers across Chinese cities can affect interregional investment. To study this pattern, in particular the role of local leaders in shaping the interregional investments in China, Prof. Xiaobo Zhang at Guanghua School of Management at Peking University and his co-authors conducted empirical investigation and in-depth analysis. Continue reading the summary, adapted based on Prof. Xiaobo Zhang's paper, ‘‘Moving Umbrella’’: Bureaucratic transfers and the comovement of interregional investments in China, published in the Journal of Development Economics, to gain insights to their findings.

    May 24, 2022

  • China Daily |Well-designed coupons can help increase consumption

    China's GDP grew 4.8 percent in the first quarter of this year despite the pressures of a complicated and grimmer international environment and rising COVID-19 infections in some places, the National Bureau of Statistics said on Monday.

    Apr 21, 2022

  • The Podcast | Human Value in the Age of AI

    Over the years, data has exploded, artificial intelligence has been fast developed. The commercial usage of AI is already a common phenomenon in many fields, including education, medical domain, and financial platforms. AI is no longer a technical word talked by programmers or computer scientists only. AI is everywhere in our daily life. However, in practice, we have realized that AI is not always good. It might not satisfy our expectations in realizing its business value. And even worse, it brings unexpectedly a range of social issues.

    Apr 19, 2022

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