2022年4月19日
1、Global Practice of Strategic Reinsurance（战略再保险的全球实践）
主讲人：王舒展（瑞士再保险中国区财险及意外险业务部高级副总裁）
2、Market Penetration and Trade Liberalization: Micro Evidence through Trademarks
主讲人：荆然（对外经济贸易大学教授）
3、全球面向碳中和转型的机遇与挑战
主讲人：关大博（英国国家社会科学院院士）
2022年4月20日
1、量化择时研究与细分方向前沿
主讲人：安宁宁（广发证券首席金融工程分析师）
2022年4月21日
1、Gravity and Trade in Video on Demand Services
主讲人：Zuzanna Studnicka（University College Dublin, School of Economics）
2、Characterizing the Zeta Distribution for Insurance Claim Frequencies
主讲人：Michael R. Powers （清华大学经管学院教授）
3、消费者寻求专家的市场
主讲人：陈勇民 (科罗拉多大学)
2022年4月22日
1、Searching for Approval （寻求批准的搜寻）
主讲人：John Grigsby（普林斯顿大学助理教授）
2、自然语言处理在量化金融中的应用
主讲人：
林鹏（世坤投资WorldQuant数据科学副总裁）
武尚青（世坤投资WorldQuant中国区数据科学研究总监）
第156次北大赛瑟（CCISSR）双周讨论会
Global Practice of Strategic Reinsurance（战略再保险的全球实践）
主讲人：王舒展（瑞士再保险中国区财险及意外险业务部高级副总裁）
主持人：贾若（8797威尼斯老品牌副教授）
时间：2022年4月19日（周二）15：10-16：50
地点：8797威尼斯老品牌302会议室
形式：腾讯会议
会议号：406 149 124
语言：英文
主讲人简介：
Ms. Shuzhan Wang is Director of P&C Client Markets in Swiss Reinsurance China. She oversees coverage of Large clients in South China and globals clients in China. She also leads the team of structured solutions, which provide tailored reinsurance for all China P&C insurers. Prior to joining Swiss Re, she works for Catlin, the largest syndicate in Lloyd’s London market as Casualty and Financial Lines Underwriter; and in Investment Banking Division in Goldman Sachs. She holds Master’s degree in Management and Bachelor’s degree in Civil and Hydraulic Engineering from Tsinghua University.
王舒展女士是瑞士再保险中国区财险及意外险业务部高级副总裁。她也带领团队为中国产险客户提供定制化再保险解决方案。在加入瑞再之前，她在劳合社伦敦承保责任与金融险业务。在此之前就职于高盛亚洲投资银行部。她拥有清华大学工学学士和管理学硕士学位。
主办单位：
8797威尼斯老品牌中国保险与社会保障研究中心
8797威尼斯老品牌风险管理与保险学系
北大经院工作坊第462场
Market Penetration and Trade Liberalization: Micro Evidence through Trademarks
国际经济学与实证产业组织工作坊
主讲人：荆然（对外经济贸易大学教授）
主持老师：（北大经院）莫家伟
参与老师：
（北大经院）杨汝岱、田巍、刘政文、吴群锋
（北大新结构）王歆、徐铭梽
时间：2022年4月19日（周二）10：00-11：30
地点：8797威尼斯老品牌305会议室
主讲人简介：
荆然教授，毕业于加拿大英属哥伦比亚大学尚德商学院，任对外经济贸易大学经济贸易学院国际贸易系系主任，曾获对外经济贸易大学“惠园优秀青年学者”、“惠园杰出青年学者”。主要研究方向为国际贸易和产业组织理论。荆然教授曾在Journal of International Economics, Journal of Development Economics, Journal of Law, Economics and Organization, Review of International Economics, 《经济研究》，World Economy, Review of Industrial Organization等国内外期刊发表期刊论文，并曾受邀参加参与Handbook on the Economics of Retailing and Distribution等书的撰写工作。荆然教授曾两次荣获“安子介国际贸易研究奖”优秀论文三等奖，两次获得对外经济贸易大学“科研标兵”的称号，主持国家自然科学基金青年项目和面上项目，并曾获得自科基金委 “特优”的结项评价。荆然教授曾为Economic Journal, European Economic Review, Journal of International Economics, 《经济研究》，Economic Inquiry, World Economy等杂志，以及国家自然科学基金和Research Grants Council of Hong Kong等科研基金担任匿名审稿人。
摘要：
This paper applies the framework from Arkolakis (2010) to study Chinese firms’ behavior on market penetration. In this framework other than prices, firms endogenously choose how much efforts they spend on market penetration. The model predicts that as a country’s output tariff reduces, more firms start exporting and previous exporters export more. These unintuitive predictions are directly driven by the drop in wages in labor market as domestic firms’ outputs reduce in the competition with imports. All firms adjust their marketing efforts, measured the trademarks that they hold domestically and overseas. We take Chinese firms’ overseas trademarks to establish the effect that market penetration takes in channeling import competition to exports. Making use of China’s accession to the WTO in 2001, we provide clear empirical evidence for the model. Chinese firms in sectors with larger import tariff reductions apply for more foreign trademarks, i.e., higher efforts in market penetration.
北大经院工作坊第463场
全球面向碳中和转型的机遇与挑战
生态、环境与气候经济学工作坊
主讲人：关大博（英国国家社会科学院院士）
主持老师：（北大经院）季曦
参与老师：
（北大经院）章政、张博、李虹、张鹏飞、刘政文、梁远宁
（北大国发院）徐晋涛、王敏、邢剑炜、易媛媛
（北大现代农学院）刘承芳、侯玲玲、解伟、王悦
时间：2022年4月19日（周二）15:00-16:30
形式：腾讯会议
会议号：374-736-171
主讲人简介：
关大博，英国国家社会科学院院士，受海外高层次人才项目资助现就职于清华大学，任全球变化经济组教授。他多年来致力于研究气候变化的成因、影响及应对措施，分析温室气体排放的驱动因素并探讨全球和国家的低碳及低资源消耗的可持续发展路径，其在结合自然科学和社会科学的多领域交叉的研究成果得到了学界的普遍认可。关大博作为牵头专家组织并协调了十四五科技部中欧气候变化与生物多样性旗舰国际合作计划，其领衔的《中国碳核算数据库》团队有效支撑了我国《碳中和技术路线图》的开发与编制，研究成果多次得到部委采纳及国家领导人的重要批示。关大博在《自然》及子刊上共发表60余篇开创性学术论文。曾获得《美国科学院院刊》颁发的科扎雷利奖、Philip Leverhulme奖、牛顿资深学者、全球百篇最具影响力贡献奖等荣誉。曾入选了政府间气候变化委员会第五次报告的领衔作者、科睿唯安2018-2021年度全球高被引科学家、及全球顶尖千名气候科学家等殊荣。
摘要：
从气候变化的成因、影响及应对措施，分析温室气体排放的驱动因素并探讨全球和国家的碳中和及低资源消耗的可持续发展路径。
8797威尼斯老品牌金融工程实验室“金工首席谈量化”专题讲座
第14讲：量化择时研究与细分方向前沿
主讲人：安宁宁（广发证券首席金融工程分析师）
主持老师：黎新平（北大经院）
时间：2022年4月20日（周三）19:00-21:00
形式：腾讯会议
主讲人简介：
安宁宁 ，广发证券发展研究中心金融工程首席分析师，从业13年，先后任职于平安证券、鹏华基金，团队连续多年获得新财富最佳分析师前三，研究领域主要包括资产配置、量化权益组合管理、CTA交易策略等。
北大经院工作坊第464场
Gravity and Trade in Video on Demand Services
国际经济学与实证产业组织工作坊
主讲人：Zuzanna Studnicka（University College Dublin, School of Economics）
主持老师：（北大经院）莫家伟
参与老师：
（北大经院）杨汝岱、田巍、刘政文、吴群锋
（北大新结构）王歆、徐铭梽
时间：2022年4月21日（周四）10：00-11：30
形式：腾讯会议
会议号：386 627 815
主讲人简介：
Zuzanna Studnicka is an Assistant Professor in the UCD School of Economics in Dublin and Beijing. The core focus of her research is international economics. Her areas of expertise include firm-level analysis of international trade, trade in services, firm location choices, and foreign direct investment. Her ongoing research includes papers on topics such as trade in audio-visual services, export survival and local labour markets in Ireland. Zuzanna Studnicka received her Ph.D. in economics from KU Leuven (Belgium) and holds a master’s degree in economics from the University of Paris 1 (France).
摘要：
Over the last decade, watching videos online has become one of the primary uses of the internet, with streaming services accounting for more than 60% of global internet traffic. In this paper, we use a novel data set on Netflix, the largest streaming platform worldwide, to estimate the patterns of catalogue availability (extensive margin) and the number of clicks per title (intensive margin) across twenty countries. This data set also gives us a unique opportunity to estimate the importance of quality in viewing patterns. Our results show evidence of the gravity framework explaining both margins of Netflix watching. In addition, we find that there is a strong preference for domestic content, better-rated titles, and Netflix Original productions. These findings suggest that as Netflix produces more content, this will interact with its streaming dominance to provide a significant advantage in reaching viewers and promoting specific content.
北大经院工作坊第465场
Characterizing the Zeta Distribution for Insurance Claim Frequencies
风险、保险与不确定性经济学工作坊
主讲人：Michael R. Powers （清华大学经管学院教授）
主持人：（清华经管）刁莉、（北大经院）贾若、（人大财金）陈泽
参与老师：（清华经管）陈秉正、（北大经院）郑伟、（人大财金）魏丽等
时间：2022年4月21日（周四）10：00-11：30
形式：腾讯会议
会议号：417-861-080
密码：220421
主讲人简介：
Michael R. Powers is the Zurich Insurance Group Chair Professor at Tsinghua University’s School of Economics and Management. He also holds a dual appointment as professor of economics and business at Tsinghua’s Schwarzman College. From 2012 to 2015, he served as chair of Tsinghua’s finance department.
In 2013, Powers won the Kulp-Wright Book Award for Acts of God and Man: Ruminations on Risk and Insurance, in which he proposes a new “science of risk”. He is co-editor of three academic books – The Political Economy of Chinese Finance; Global Risk Management: Financial, Operational, and Insurance Strategies; and The Economics and Politics of Choice No-Fault Insurance – and author of the science-fiction novel, Icons.
Professor Powers joined Tsinghua from Temple University’s Fox School of Business, where he was professor of risk management and insurance. Prior to that, he served as deputy insurance commissioner for the Commonwealth of Pennsylvania, and was responsible for designing Pennsylvania’s current “choice” no-fault automobile insurance system.
Powers provides regular commentary for CGTN’s Global Watch and Global Business programs and China Radio International’s Biz Today and World Today shows, and is frequently interviewed by major international media organizations.
摘要：
We offer two novel characterizations of the Zeta distribution for insurance claim frequencies: first, as tractable continuous mixtures of Negative Binomial distributions (with fixed shape parameter, r > 0), and second, as a tractable continuous mixture of Poisson distributions. In both the Negative Binomial case for r ∈ [1, ∞) and the Poisson case, the resulting Zeta distributions are identifiable because each mixture can be associated with a unique mixing distribution. In the Negative Binomial case for r ∈ (0,1), the mixing distributions are quasi-distributions (for which the quasi-probability density function assumes some negative values).
北大经院工作坊第466场
消费者寻求专家的市场
微观理论经济学工作坊
主讲人：陈勇民 (科罗拉多大学)
主持老师：
（北大经院）吴泽南、石凡奇
（北大国发院）胡岠
参与老师：
（北大经院）胡涛、吴泽南、石凡奇
（北大国发院）汪浩、胡岠
时间：2022年4月21日（周四）10：30-12：00
形式：ZOOM会议
会议号：865 9957 9437
密码：653123
主讲人简介：
陈勇民（Yongmin Chen）是美国科罗拉多大学（University of Colorado Boulder）经济学终身教授和Provost讲席教授。陈勇民教授是一位专长于产业组织学（产业经济学）的著名经济学家，其研究领域包括价格理论，消费者搜索，纵向产业结构，创新与知识产权，法律与经济学，以及国际贸易的产业组织。他在这些和其它一些经济学领域发表了许多有广泛影响的论文，在产业组织学领域享有重要国际声誉，2012年以来一直担任RAND Journal of Economics副主编，还于2013-19年期间担任International Journal of Industrial Organization主编。
摘要：
We develop a model in which consumers search experts to obtain recommendations and prices to treat a problem, while experts may “cheat” by recommending an unnecessary treatment. We characterize the optimal sequential search strategy by consumers with a positive search cost, and show that consumer search and expert behavior interact in rich and---at times---surprising ways. In equilibrium, all experts behave honestly if search cost is sufficiently low, but cheating occurs with positive probabilities otherwise. In the latter case, an increase in search cost can actually reduce expert cheating, yielding a higher search benefit that restores optimal consumer search under the higher search cost and also leads to lower prices.
北大经院工作坊第467场
Searching for Approval （寻求批准的搜寻）
宏观经济学工作坊
主讲人：John Grigsby（普林斯顿大学助理教授）
主持老师：（北大经院）李博
参与老师：
（北大国发院）赵波、余昌华、李明浩
（北大经院）陈仪、韩晗、李伦
时间：2022年4月22日（周五）10：30-12：00
形式：ZOOM会议
会议号：220 816 2874
密码：242369
主讲人简介：
John Grigsby 是普林斯顿大学经济学助理教授。他的研究方向为宏观经济学，重点是总体劳动力市场、工资动态和创新。他的研究成果发表在American Economic Review, the Quarterly Journal of Economics, the Review of Financial Studies等顶级期刊上。他的研究得到了媒体的广泛报道，他的工作论文“Searching for Approval”目前正在Econometrica期刊的R&R进程中。
摘要：
This paper studies the interaction of search and application approval in credit markets. We build a model that combines search and screening in presence of asymmetric information. Risky borrowers internalize the probability that their application is rejected, and behave as if they had high search costs. Thus “overpayment” may be a poor proxy for consumer sophistication since it partly represents rational search in response to rejections. Contrary to standard search models, our model implies 1) endogenous adverse selection through the search and application approval process, 2) a possibly non-monotone or non-decreasing relationship between search and realized interest, default, and application approval rates and 3) search costs are not identified from transaction prices alone. Using a unique dataset detailing search behavior of mortgage borrowers, we find support for the model's predictions: borrowers who search a lot pay higher interest rates than those who search a little. Estimating the model, we find that screening is informative and search is costly. Counterfactual analyses reveal that tightening lending standards and discrimination through application rejection both increase equilibrium interest rates. Overall, we establish a tight link between application rejection and realized interest rates in equilibrium.
“问道华尔街专题讲座”
第一讲 自然语言处理在量化金融中的应用
主讲人：
林鹏（世坤投资WorldQuant数据科学副总裁）
武尚青（世坤投资WorldQuant中国区数据科学研究总监）
时间：2022年4月22日（周五）16:00-17:30
形式：ZOOM会议
会议号: 938 8752 2291
主讲人简介：
林鹏，博士，现任世坤投资数据科学副总裁
Peng Lin received his PhD degree in Computer Science and Engineering from HKUST and joined WorldQuant in 2013. In WorldQuant, Peng is specializing in data analytics and research using NLP and other Machine Learning technics.
武尚青，现任世坤投资中国区数据科学研究总监
Shangqing Wu has his Master degree from Beijing Jiaotong University and Bachelor degree from Beijing University of Posts and Telecommunications. He joined WorldQuant as Research Analyst in 2015, and now is one of the drivers of NLP research project.
主持人：黎新平（北大经院）
主办单位：
8797威尼斯老品牌金融工程实验室
8797威尼斯老品牌金融创新与发展研究中心
简介：
本系列讲座拟通过邀请海外知名金融机构从业专家，就包括金融工程、量化交易在内的相关内容进行交流，帮助校内师生更加深入理解全球金融市场的前沿动态及其背后的理论发展、技术更迭。
本次讲座将由世坤投资（WorldQuant）投研专家讲解其团队使用自然语言处理技术在量化金融投资实践中的具体应用，工作语言为中文。
供稿：科研与博士后办公室
美编：咚咚锵、初夏
责编：量子、禾雨、予天
