Who Will be Holding the US Treasuries?

I’ll need to look for a Matlab replacement to process data and plot figures. Any suggestions? (What a relief that my favorite food is Chinese.)

Who has a scanned copy of Black (1976)? This paper is a must-cite in the literature on volatility asymmetry, and yet, cannot seem to find it anywhere...

"FinTech Adoption and Household Risk-Taking" Paper: en.saif.sjtu.edu.cn/junpan/FinTech… Slides: en.saif.sjtu.edu.cn/junpan/class_F… A study of household finance in the age of FinTech.

The SOE Premium and Government Support in China's Credit Market en.saif.sjtu.edu.cn/junpan/Credit2… en.saif.sjtu.edu.cn/junpan/slide_C… We find a market of improved price efficiency, and, paradoxically, worsening segmentation as government support emerges as an important factor in credit pricing.

How FinTech can lower investment barriers and help households move toward optimal risk-taking, from Claire Yurong Hong, Xiaomeng Lu, and Jun Pan nber.org/papers/w28063

Post 2018Q2, SOE credit spreads became sensitive to our measures of government support, indicating a shift in market’s perception of gov’t support that went beyond the SOE label. It foreshadows what’s happening in China’s credit market now — gone is the faith in the SOE label.

We have a paper on this topic: FinTech Platforms and Mutual Fund Distribution. en.saif.sjtu.edu.cn/junpan/Platfor… 青刃NEXT

Join us today on Luohan Webinar as Jun Pan Jun Pan, Professor of Finance at the Shanghai Advanced Institute of Finance Shanghai Jiao Tong University, presents her work on “Fintech Adoption and Household Risk-Taking.” Jan 11th, 8PM EST Find the Zoom meeting link here: luohanacademy.com/events/Luohan-…

Today (Wednesday) at 10pm New York time. Register here: abfer.org/events/abfer-e… Slides: en.saif.sjtu.edu.cn/junpan/slides_…

The Review of Finance is delighted to announce the appointment of Ian Dew-Becker and Jun Pan Jun Pan as Editors. Both are leading experts in theoretical and empirical asset pricing. Ian is currently an AE; Jun is also an expert in FinTech and China. revfin.org/new-rf-editors…

Great news and ✅on Marcin Kacperczyk's (who should get a twitter account) promise that RF European Finance Association will increase geo-diversity in Editor (with Jun Pan ) and AE pool, during FIRN fireside chat. #EconTwitter

"Financing China's Economic Future: Challenge and Opportunity," 2021 BofA China Conference: en.saif.sjtu.edu.cn/junpan/slides_…

I was very excited to see that Bloomberg has a liquidity index on Treasuries, only to find out that this is in fact the noise measure of Hu, Pan, Wang (2013). Hi, Bloomberg Bloomberg Markets , a citation to our contribution would be appreciated. Paper: en.saif.sjtu.edu.cn/junpan/HuPanWa…

Celebration of Darrell's mentorship taking place at Stanford Stanford Graduate School of Business right now. I so wish I could be there. Anyone with good pictures, please post them here for us to see.

The Review of Finance's impact factor for 2021 is 5.059. This compares to 3.894 for 2020, 2.885 for 2019, and 1.906 for 2018. Thanks to the authors who've sent in their best work, and the reviewers and editorial board for applying high standards and providing insightful input.

Denis had been a generous friend to a lot of people...only wishing I had been a better friend for him. I had always thought that I would had plenty of time to visit Denis again in Paris. Now it's never. With the loss of Denis, Paris is not the same, nor is the world.

Inflation Forecasting from Cross-Sectional Stocks en.saif.sjtu.edu.cn/junpan/inflati…

Please submit your paper at conftool.org/cavalcade-asia…

Submissions ending July 8!