数字技术与经济金融学术午餐会（第16期）

 

主讲人：	刘姝 博士、研究员 中南财经政法大学金融学院 数字技术与现代金融学科创新引智基地
主持人：	许泳昊 博士、研究员 中南财经政法大学金融学院 数字技术与现代金融学科创新引智基地
时间：	2023年4月18日（周三）12:00-13:30
地点：	文泉楼南508会议室

 

摘要：

This paper studies corporate recovery patterns after natural disasters. Using earthquakes as natural experiments, we find that the Chinese government plays a critical role in facilitating corporate recovery. Firms recover only in a year after disasters, and the effect is more pronounced among SOEs. The effects are driven by direct and indirect capital injection from the government. Firms are less disturbed in their investments and are associated with improved investment efficiency. Moreover, we find that government intervention has a complicated nature. Corporate post-disaster recovery  will be weaker (stronger) for SOEs (Non-SOEs) if the government offers more support through local fiscal expenditure. Overall, this paper suggests that the government has a noteworthy and complicated role in stabilizing the economy.

 

主讲人介绍：

刘姝，中南财经政法大学金融学院讲师，博士毕业于香港城市大学。她的学术论文多次入选国际性金融年会，如 AsianFA、SFA、EFMA等。

 

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