3 papers
q-fin.ST2018
Asymmetric response to PMI announcements in China's stock returns
Yingli Wang, Xiaoguang Yang
Considered an important macroeconomic indicator, the Purchasing Managers' Index (PMI) on Manufacturing generally assumes that PMI announcements will produce an impact on stock mark…
cs.CE2018
Network Subgraphs of the heterogeneous Chinese credit system
Yingli Wang, Qingpeng Zhang, Xiaoguang Yang
In this study, we investigate the evolution of Chinese guarantee networks from the angle of sub-patterns. First, we find that the mutual, 2-out-stars and triangle sub-patterns are…
q-fin.RM2018
Evolution of the Chinese Guarantee Network under Financial Crisis and Stimulus Program
Yingli Wang, Qingpeng Zhang, Xiaoguang Yang
Our knowledge about the evolution of guarantee network in downturn period is limited due to the lack of comprehensive data of the whole credit system. Here we analyze the dynamic C…