Assistant Professor
Department of Economics & Quantitative Methods
IÉSEG School of Management
Member
Lille Économie Management UMR 9221 CNRS
Address: Socle de la Grande Arche, 1 parvis de La Défense
92044 Paris – La Défense Cedex, France
Email: t [dot] lai [at] ieseg [dot] fr
Education
Ph.D. in Economics (2011), University of Toronto
– Advisors: Arthur J. Hosios (Co-chair), Aloysius Siow (Co-chair), Varouj A. Aivazian
B.Econ. (1st class honors, 1999), M.Econ. (2001), University of Hong Kong
Research Interests
Empirical microeconomics, Corporate finance
Publications
- “The Market for CEOs: An Empirical Analysis,”
with Varouj A. Aivazian and Mohammad M. Rahaman
Journal of Economics and Business, Vol. 67 (2013), 24-54.
http://www.sciencedirect.com/science/article/pii/S0148619513000222 - “The U.S. Finance Wage Premium Before and After the Financial Crisis: A Decomposition Exercise,”
with Stella Capuano and Hans-Jörg Schmerer
Applied Economics Letters, Vol. 21 (2014): 1144-1147.
http://www.tandfonline.com/doi/abs/10.1080/13504851.2014.914134 - “The Impact of Product Market Competition on Training Provision: Evidence from Canada,”
with Travis Ng
Canadian Journal of Economics, Vol. 47 (2014), 856-888.
http://onlinelibrary.wiley.com/doi/10.1111/caje.12093/full - “WTO Accession, Foreign Bank Entry, and the Productivity of Chinese Manufacturing Firms,”
with Zhenjie Qian and Luhang Wang
Journal of Comparative Economics, Vol. 44 (2016), 326-342.
http://www.sciencedirect.com/science/article/pii/S014759671500058X - “Do Tax Havens Create Firm Value?”
with Travis Ng and Siu Kai Choy
Journal of Corporate Finance, Vol. 42 (2017), 198-220
http://www.sciencedirect.com/science/article/pii/S0929119916302371
– Online appendix: http://www.chass.utoronto.ca/~ngkaho/Research/JCFAppendix.pdf
– Previously circulated as “Do Treasure Islands Create Firm Value?” - “Does Dividend Tax Impede Competition for Corporate Charters?”
with Travis Ng
Journal of Comparative Economics, forthcoming
http://www.sciencedirect.com/science/article/pii/S0147596717300653
Selected Working papers/Work in progress
- “Spillover Effects in Executive Compensation,”
with Michele Battisti - “Global Effects of U.S. Dividend Income Tax,”
with Travis Ng and Kwok Ping Tsang (Paper) - “Educated to be Trusting? Evidence from Europe,”
with Kamhon Kan - “Contagion Effects of Corporate Fraud Through Director Interlocks: Evidence from Bank Loans,”
with Adrian Lei and Frank Song - “Financial Market Frictions, Capital-skill Complementarity, and Skill Premium in China,”
with Luhang Wang (In progress)
Last updated: 2017-08-21
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