In the United States there’s been an escalation of hate crimes directed at Asians during the course of the COVID-19 pandemic. Runjing Lu and Yanying Shen from the universities of Alberta and California San Diego respectively have analyzed Google searches and Twitter posts to see if an increase in the use of a certain racial […]
Author: Nial Gooding
[The work in the paper highlighted today from Huanchang Du (et. al.) of Princeton is important for practitioners but, for the sake of brevity, I’ll address only the laity in the summary. There’s a link at the bottom if you need the deeper dive.] If a stock is priced at $100 and has a dividend […]
Writing in a regular publication of the Centre For Economic Policy Research Muhammad A. Cheema (et. al.) of the University of Waikato, N.Z. took a look at the performance of so-called ‘safe haven assets’ over the recent COVID-19 (C-19) related stock market kerfuffle(s). Others have done similar analysis but what makes this work different is […]
The study in the paper linked to at the bottom of this note claims to be the only one of its kind to longitudinally study the Chinese public’s approval over time (since 2003) of the Chinese Communist Party (CCP). It came out in July this year and got respectable coverage from China-centric news-mongers but received […]
A quick history lesson if you’re unfamiliar with Baoneng or Vanke. In 2015 Baoneng, a Chinese insurance company of dubious pedigree controlled by Mr. Yao Zhenhua, began buying shares in one of China’s largest property companies Vanke. The company at the time was de facto controlled by China Resources and Vanke’s then Chairman Mr. Wang […]
The paper highlighted today from Jahidur Md Rahman and Fang Yu, both from the Wenzhou-Kean University, claims to be a first. Research elsewhere in the world has produced mixed results on whether or not an attention to Corporate Social Responsibility (CSR) results in higher profits, or not; but in this study of A-share listed Chinese […]
Deniz Anginer from the Simon Fraser University (et. al.) in Canada took a look at corporate insiders’ dealing from January 2017 to April 2020 to see if this activity can predict how COVID-19 might affect the longer term economic performance of economies in which these managers operate? They studied individuals in the U.S., Canada, China, […]
I settled the gold (to hold or not) argument some time ago and the answer is simple. As with any other financial asset the decision should be based on your circumstances. For me therefore I don’t think it’s appropriate; but for you? It might be. As the paper highlighted today notes in a quote from […]
People who don’t allow their children to be vaccinated are doing them a great dis-service. Unvaccinated children have poorer life outcomes, get sicker, earn less money and have poorer cognitive ability in old-age than peers. Writing in a Working Paper for the National Bureau of Economic Research Hamid Oskorouchi et. al. provide (yet more ) […]
More a monograph than a paper highlighted today from Zara Kakushadze and Jim Kyung Soo Liew in which they put forward an incredibly simple idea. One who’s time appears to have been at hand for some time but one COVID-19 might hasten into reality. Money is dirty the researchers point out. Not just in a […]
On June 7th The State Council Information Office of the People’s Republic of China published Fighting Covid-19 China in Action (click the link to get to the full text). A 66-page ‘White Paper’ it aims to: a) set the record straight on how China initially communicated it’s COVID-19 problems to the world and, b) provide […]
The clear skies many cities have enjoyed thanks to an economic slowdown forced by COVID-19 responses has led to fresh discussions about the need to stop burning ‘stuff’ to satisfy our energy needs. Samantha Gross, an engineer by training and a fellow in the Foreign Policy program at Brookings (the non-partisan Washington based think-tank), weighs […]
Here’s the key message from the paper highlighted today: “The U.S. is playing a game of catch-up, but rather than supporting its own tech industry it is seeking to slow down China’s progress. The U.S. cannot afford to miss out on AI’s potential to deliver $13 trillion to the global economy.The U.S.-instigated trade war not […]
If you have a practitioner or academic interest in the issue of Corporate Governance in China you need to review the paper highlighted today in full; but, to warn you, it’s a dry old read. For those with merely a general interest I’ll do my best to summarize the main points below. Fuxiu Jiang and […]
The authors of the paper highlighted today, Andrew J. Oswald and Nattavudh Powdthavee from the University of Warwick, writing in a Discussion Paper for the German based IZA Institute for Labour Economics, want you to understand just one thing: it’s now irrefutably clear, COVID-19 hits the older members of society hardest. They use data from […]
A sure sign a survey is reliable is a wide spread of responses. Stefan Pasch of the Goethe University in Frankfurt notes this when discussing the results of his work which involves asking Chinese people, in China, how they feel about their government (among other things). If people were towing a Party-line or too afraid […]
In the paper highlighted today Zhanghai Huang from the Tsinghua University (et. al.) takes a look at the long term consequence on business innovation of denying managers a college education. China’s a good place to study this as one of the greater wickednesses of the so-called Cultural Revolution was to close down all institutes of […]
Craig Doidge (et. al.) from the University of Toronto has taken a look at company valuations around the world, pre- and post-GFC, to see how they’ve altered relatively and if the world got financially ‘flatter’ in the process? However as the study period, from 2001-2007 before the GFC and 2010-2018 after the GFC, was associated […]
The paper highlighted this week is a pre-print from the Lancet and they wish to make it clear that such” Preprints are not peer-reviewed and should not be used for clinical decision making or reporting of research to a lay audience without indicating that it is preliminary research that has not been peer-reviewed.” OK? Fat, […]
For many families a choice doesn’t have to be made between more food and more instruction for their children; but, for a surprisingly high number in a study highlighted today from Jiangsu province in China, resources have to be juggled. As Yanliu Liu of the Nanjing Normal University (et.al) points out the jury remains out […]