主题：Political Background Households and Entrepreneurship in China
Abstract: This paper studies how the interaction of individual/household characteristics and institutional environments (local government power) affects entrepreneurship. By using CPFS and CHFS database, the paper results that households with political backgrounds are more likely to achieve entrepreneurships. While interacting with local government power, the higher local government power, the easier for households/individual to do businesses. Specially, women can hold up half the sky. Marriage and education are quite important for the female to achieve her entrepreneurship in the high local government power regions. If the female had political backgrounds in high local government power regions, their backgrounds will increase probabilities of their husband to do businesses. Interestingly, the gift market is one of channels for these political background households to strength their connections especially for the male, and firms held by these political background people take relatively higher revenues than non-background ones.
主讲人介绍：张翔,西南财经大学金融学院助教授，西班牙巴塞罗那自治大学金融学博士。张翔博士的研究领域包括资产定价理论、金融衍生品、以及家庭金融等。张翔博士曾经在国际顶级期刊Journal of Financial Economics等期刊。张翔博士也担任多个国际期刊的匿名审稿人。
时间：2014年12月4日 星期四 15:30-17:00
TOPIC: Political Background Households and Entrepreneurship in China
Speaker: Zhang Xiang, Assistant Professor, School of Finance, Southwest University of Finance and Economics. Dr. Zhang obtained his PhD in Finance from UAB Barcelona. Zhang’s primary research fields include theoretical asset pricing, empirical asset pricing, financial derivatives, and household finance. Dr. Qin’s research papers have been published at top journals such as Journal of Financial Economics. Dr. Zhang also served as a referee for many influential academic journals.
Time: Thursday, December 4th, 2014, 3:30-5:00 pm
Place: Room 604, Academic Hall
Organizer: The Chinese Academy of Finance and Development
