摘要：Policymakers advocate for foreign aid to reduce the “root causes” of migration at origin despite a lack of scientific evidence on
外国援助是否减少移民？
来自世界银行项目的全球证据
Does Foreign Aid Reduce Migration?
Global Evidence from World Bank Projects
讲座信息
主讲人
Andreas Fuchs教授
哥廷根大学
日期和时间
2025年3月26日（周三）
15:00-16:30
地点
综合教学楼D904会议室
论文摘要
Policymakers advocate for foreign aid to reduce the “root causes” of migration at origin despite a lack of scientific evidence on the effectiveness of such policies. We examine the global effects of aid on migration by combining georeferenced data on World Bank project announcements and disbursements from 2008-2019 with survey data on migration preferences of one million individuals worldwide and bilateral migration flows. Employing event studies and instrumental variable regressions, we find that in the short term, aid improves expectations of the future and trust in institutions, reducing individual migration preferences and asylum seeker flows. In the longer term, aid increases incomes, leading to more regular migration, consistent with the “mobility transition” theory.
主讲人简介
Andreas Fuchs教授
哥廷根大学
Andreas Fuchs是哥廷根大学发展经济学教授兼现代东亚研究中心主任，同时也是基尔研究所中国项目的主任。他的研究利用定量方法分析贸易、投资和发展政策，特别关注中国及其他新兴经济体。他还研究自然灾害、人道主义危机和非军事化冲突的政治经济学。
个人网站：http://www.andreas-fuchs.net/
地方公共物品供给与财产税遵从性：
来自住宅街道铺设的证据
Local Public Goods and Property Tax Compliance: Evidence from Residential Street Pavement
讲座信息
主讲人
Marco Gonzalez-Navarro教授
加州大学伯克利分校
日期和时间
2025年3月27日（周四）
10:00-11:30
地点
综合教学楼D202会议室
论文摘要
Many developing countries face a challenge whereby low tax compliance limits governments’ ability to provide public goods, while at the same time, inadequate public good provision discourages tax compliance. We examine whether a prominent local public infrastructure program can disrupt this vicious cycle through a randomized trial of first time street pavement projects in Acayucan, Mexico. Among 56 eligible street projects in poor neighborhoods, 28 were randomly selected for pavement. We analyze administrative property tax records to determine if tax compliance increased as a result. To guide our empirical analysis, we develop a theoretical model incorporating two key mechanisms: updating of beliefs about government expenditure efficiency and direct benefits from infrastructure improvements that elicit a reciprocity to comply. We find that property owners adjacent to newly paved streets (capturing private benefit effects) increase tax compliance by 4.7 percentage points (ITT) to 7.7 percentage points (LATE), corresponding to a 5.5–9.0% rise over baseline compliance rates. In addition, property owners exposed to pavement projects in their trajectory to downtown also show increased compliance (consistent with belief updating), with a one standard deviation increase in exposure raising compliance by 2.3-3.8 percentage points. In line with model predictions, we find that treatment effects are more pronounced among individuals with lower initial government satisfaction. Our findings indicate the delivery of public goods can enhance tax compliance by delivering direct benefits as well as improving perceptions of government efficiency. A back of the envelope calculation suggests that belief updating from citizens observing the pavement projects generates twice as much tax revenue as reciprocity effects from direct beneficiaries lining newly paved streets.
主讲人简介
Marco Gonzalez-Navarro是加州大学伯克利分校国际可持续发展领域 George Pardee Jr. Family 讲席副教授。他的研究主要集中在发展经济学、城市经济学和政治经济学领域。他在普林斯顿大学获得经济学博士学位。目前，他担任《Journal of Development Economics》的联合主编、《Regional Science and Urban Economics》的副主编，以及《Journal of Urban Economics》的编委会成员。他同时是J-PAL（全球减贫行动实验室）、CEGA（加州大学伯克利分校全球发展中心）和BREAD（经济学研究与分析发展局）的成员。
虚拟分析师私人会议
Virtual Analyst Private Meetings
讲座信息
主讲人
林恩平教授
新加坡管理大学
日期和时间
2025年3月28日（周五）
10:30-12:00
地点
行政楼西翼203会议室
论文摘要
This study examines whether and how financial analysts benefit from attending virtual private meetings held by companies. Using Chinese data, we find that analysts who attend virtual private meetings issue more accurate earnings forecasts after the meetings compared to analysts who attend site visits. When private meetings accommodate a larger number of and more diverse participants, analysts benefit more from virtual meetings while benefiting less from site visits. Additional analyses show that analysts attending virtual meetings issue more timely forecast revisions than analysts attending site visits. Furthermore, while analysts attending virtual meetings and site visits both reduce their forecast optimism after the meetings, forecast optimism of analysts attending virtual meetings is more likely to be positively affected by managers’ tone during the meetings. This paper underscores the significance of virtual analyst meetings in the context of analyst research production.
主讲人简介
林恩平教授
新加坡管理大学
林恩平博士于2015年获得亚利桑那州立大学博士学位后加入新加坡管理大学。他的研究兴趣包括信用评级、盈余管理、财务分析师和自愿信息披露。在新加坡管理大学，他为会计学学士、工商管理学士、管理学硕士和MBA项目的学生教授财务会计和管理会计课程。他还是美国注册会计师（CPA）。
动物精神的“兴奋剂”：
来自印度零售期权交易的证据
Animal Spirits on Steroids:
Evidence from Retail Options Trading in India
讲座信息
主讲人
Vikas Agarwal教授
佐治亚州立大学
日期和时间
地点
综合教学楼D804会议室
论文摘要
We analyze a market-wide panel dataset on retail options from India, which has an 80% share in option contracts traded worldwide. Retail participation dominates and is concentrated in index options. Traders exhibit short-term speculative behavior with day trading and short-duration directional bets especially as options converge to 0DTE. Three natural experiments indicate that financial constraints and lottery-like preferences drive investor behavior. An exogenous supply shift induces trading and shifts volume to short-term options. Lot-size increases and delivery margins targeting speculation are offset by speculative shifts to cheaper and riskier options. While stock market inclusion and participation increase welfare in canonical household finance models, they can also entrench speculative behavior that is difficult to undo.
主讲人简介
Vikas Agarwal教授
佐治亚州立大学
Vikas Agarwal是佐治亚大学系统杰出大学教授，同时也是佐治亚州立大学 J. Mack Robinson 商学院金融学教授。Vikas在伦敦商学院获得金融学博士学位。他是德国科隆大学金融研究中心的研究员，还担任法国EDHEC风险与资产管理中心的研究员。其研究领域涵盖投资学、家庭金融、私募股权及行为金融学等多个方向。他的文章发表于《Journal of Finance》、《Journal of Financial Economics》、《Review of Financial Studies》、《Journal of Financial and Quantitative Analysis》、《Review of Finance, and Management Science》等国际顶级学术期刊。
并非所有错误都会平等传播：了解不道德
亲组织行为与自私不道德行为的传播性
Not All Wrongs Spread Equally: Understanding the Contagion of Pro-Organizational versus Self-Interested Unethical Behavior
讲座信息
主讲人
Cindy Wang教授
西北大学
日期和时间
2025年3月28日（周五）
10:00-12:00
地点
综合教学楼D403会议室
论文摘要
My talk will consist of two parts. First, I will present recent research examining the contagion of unethical behavior in organizations. While prior literature has largely assumed a uniform contagion pattern across unethical behaviors, our work distinguishes between self-interested unethical behavior (SUB) and unethical pro-organizational behavior (UPB). Drawing from social learning and social exchange theories, we propose that employees are more likely to emulate UPB—given its prosocial framing—than SUB, due to heightened conformity pressure. Furthermore, we theorize that this dynamic is moderated by relational mobility climate, defined as employees’ perceptions of their ability to exit existing workplace relationships and form new ones. Specifically, when perceived relational mobility is low, the influence of coworkers’ UPB on individual UPB—via conformity pressure—is amplified. In contrast, relational mobility climate does not significantly moderate the spread of SUB. Our findings, supported by both field and experimental studies, underscore the role of conformity pressure and relational mobility as key mechanisms and contextual factors in unethical behavior contagion. In the second part of the talk, I will introduce the Dispute Resolution Research Center (DRRC) at Northwestern University. As Executive Director, I will highlight the center’s mission, educational resources, and opportunities for collaboration in negotiation pedagogy and research development.
主讲人简介
Cindy Wang教授
西北大学
Cindy Wang 是西北大学凯洛格管理学院争议解决与研究中心 (DRRC) 的执行主任和管理与组织临床教授。她拥有耶鲁大学学士学位和凯洛格博士学位。她的教学涵盖各个层面的谈判、组织行为和跨文化交流。Wang教授的研究探索了群体间冲突、多样性和谈判，其研究成果发表在《科学》和《组织科学》等顶级期刊上。她的见解曾被《时代》、《科学美国人》、《纽约时报》和 BBC 报道。她获得了无数荣誉，包括富布赖特奖学金和管理学院最佳论文奖。她积极参与学术界，曾担任国际冲突管理协会主席。在从事学术工作之前，她曾在 Imagitas 担任咨询顾问，为公共和私营部门组织提供咨询。
出版商应如何管理礼物文章和社交互动？
How Should Publishers Manage Gift Articles and Social Interactions?
讲座信息
主讲人
杜金钊教授
香港大学
日期和时间
地点
综合教学楼D504会议室
论文摘要
Consumers derive functional utility from the content of news articles. In addition, consumers derive social utility from social interactions centered around news articles. The widespread consumption of news through mobile devices has encouraged media platforms, such as The New York Times and The Financial Times, to permit their subscribers to gift articles to nonsubscribers. This paper explores how publishers should manage gift articles and the social interactions driven by these articles. One might think that consumers' desire for social interaction would help media platforms to charge higher prices. To the contrary, we find that consumers' desire for social interaction intensifies price competition. Because gift articles enable non-subscribers to gain access to a publisher's content, one may believe that gift articles will reduce consumers' incentive to subscribe, thus hurting publishers' profits. We show that gift articles can have the opposite effect by softening competition between publishers. Interestingly, as consumers' desire for social interaction increases and directly intensifies competition, publishers can mitigate the negative outcome by strategically permitting consumers to gift more content, thereby leading to higher prices and profits. Typically, in a competitive multi-sided market, the prospect of monetizing consumer attention and earning advertising revenue intensifies competition and reduces subscription prices. However, we show that advertising revenue from gift articles does not have this effect, as it comes from competitors' consumers rather than the publisher's own. We further extend the model to examine the strategic implications of a few variations in how consumers interact within their social circles, such as distance-dependent social interaction, segment-dependent social interaction, and directional social interaction.
主讲人简介
杜金钊教授
香港大学
杜金钊是香港大学市场营销学的助理教授。他在杜克大学福库商学院获得市场营销博士学位，并在清华大学经济管理学院获得经济学学士学位。他的研究集中在基于平台的市场营销。他目前的工作研究媒体平台和匹配平台。他对媒体平台的研究集中在多个参与者之间的战略互动，包括出版商、消费者、广告商、内容供应商和新闻聚合器，以及这些互动对媒体平台决策（如定价、内容提供和与新闻聚合器的合作）的影响。他对匹配平台的研究重点在于信息设计、战略定价和人工智能发展如何改善匹配结果，以及这些因素对公司战略、消费者福利和监管者政策制定的影响。他使用博弈论模型来加深研究者对这一新兴领域中新现象和实践的理解。他的研究成果已发表在《营销科学》、《市场营销研究杂志》和《生产与运营管理》上。
来源：新浪财经
