Institution: | 1. Department of Mathematics, Zhejiang University, 38 Zheda Road, Hangzhou 310027, China;2. College of Economics and Academy of Financial Research, Zhejiang University, 38 Zheda Road, Hangzhou 310027, China;1. Department of Accountancy, Finance, and Insurance, KU Leuven, Faculty of Economics and Business, Naamsestraat 69, Leuven, 3000, Belgium;2. University of Zurich, Swiss Finance Institute, KU Leuven, and CEPR Plattenstrasse 14, Zurich 8032, Switzerland;3. Faculty of Economics and Business, University of Groningen, Groningen, the Netherlands;1. Deutsche Bundesbank, Frankfurt, Germany;2. University of Amsterdam and CEPR, Amsterdam, Netherlands;1. The George Washington University, Department of Finance, Funger Hall #502, 2201 G Street NW, Washington DC 20052, United States;2. The George Washington University, Department of Finance, Funger Hall #501G, 2201 G Street NW, Washington DC 20052, United States |