We study the role of privacy-insensitive data on device attributes in identifying loan default, under the context of ongoing tension between privacy protection and credit efficiency. Using a unique applicant-level data from a leading Fintech credit institution in China and merging two basic...

We propose a novel apples-to-apples comparison strategy to identify the effect of boy preference on girls’ physical health from endogenous sibling gender composition. Employing an instrumental variable approach and data from the Chinese Family Panel Studies, we find that the presence of...

Many asset markets are composed of three types of participants: professional investors who possess superior skills or knowledge, uninformed private investors, and liquidity investors. In this paper, we analyze the properties of asset price and trading volume when professional investors are able...

We examine the impact of Chinese firms' perception of economic policy uncertainty on their decision to purchase D&O coverage, using textual data from 36, 849 annual reports of publicly listed companies. Our results demonstrate that increased perceptions of economic policy uncertainty positively...

As a revolutionary video technology, live streaming has profoundly reshaped various markets. In this study, we seek to quantify the value of medical live streaming by analyzing panel data from an online healthcare platform. Taking advantage of variations in the timing of physicians' adoption of...

As a revolutionary video technology, live streaming has profoundly reshaped various markets. However, there is little research on its impact on healthcare. In this study, we seek to quantify the value of medical live streaming by analyzing panel data from an online healthcare platform. Taking...