Liang, Qilian

This paper revisits the Swedish banking crisis (1919-26) that materialized as post war deflation replaced wartime inflation (1914-18). Inspired by Fisher's 'debt deflation theory', we employ survival analysis to 'predict' which banks would fail, given certain ex-ante bank characteristics. Our...

How do monetary policy variables affect housing prices? In this paper we apply a non-linear model-ling approach, the Nonlinear Auto Regressive Moving Average with eXogenous inputs (NAR-MAX), to investigate determinants of housing prices in China over the period 1999:01 to 2010:06. The NARMAX...

The presentation rule of the straight bill of lading developed indifferent approaches in the jurisdictions of Mainland China and Hong Kong. In the Mainland, the carrier shall not be liable for the delivery of goods without the presentation of the straight bill if he does so according to the...

This paper provides a comparative analysis of the approach adopted in Chinese and English law to the issue of concurrent causation in insurance law. The paper notes that the Chinese courts adopt a proportional liability regime to hold insurers liable if one of the proximate causes is an insured...

1. Introduction: From Fundamentals to Advances in Crowdfunding Research and Practice -- 2. Crowdfunding Models, Strategies, and Choices Between Them -- 3. The Global Status of the Crowdfunding Industry -- 4. Lending Crowdfunding: Principles and Market Development -- 5. Equity Crowdfunding:...