Douglas Xu, Shiyang Huang , Lin William Cong (叢林) Dec 30,2023
Working Paper No.00133-00
We model financial innovations such as Exchange-Traded Funds, smart beta products, and many index-based vehicles as composite securities (CSs) that... Read More
Qing Chang,Longtian Zhang,Liyong Wang, Lin William Cong (叢林) Dec 30,2023
Working Paper No.00135-00
We build a tractable general equilibrium model to analyze the effects of cross-border data flows and pre-existing development gaps in... Read More