Research Interest

 Insurance, Risk-taking, Capital regulation

Published and Accepted Papers

Chen, Tao, Jing Rong Goh, Shinichi Kamiya, and Pingyi Lou. 2019. Marginal cost of risk-based capital and risk-taking. Journal of Banking and Finance 

Chen, Shiyi, Xiaoxiao Ding, Pingyi Lou, and Hong Song. 2022. New Evidence of Moral Hazard: Environmental Liability Insurance and Firms' Environmental Performance. Journal of Risk and Insurance.

Chen, Shiyi, Tao Chen, Pingyi Lou, Hong Song, and Chenyu Wu. 2023. Bank Deregulation and Corporate Environmental Performance. World Development 

Chen, Tao, Shinichi Kamiya, Pingyi Lou, and Andreas Milidonis. 2023. Analyst Coverage, Executive Compensation and Corporate Risk-Taking: Evidence from Property-Casualty Insurance . Journal of Risk and Insurance. 

封进, 余央央, 楼平易. 2015. 医疗需求与中国医疗费用增长——基于城乡老年医疗支出差异的视角.  中国社会科学

Working  Papers

Life Expectancy and Corporate Debt Markets.  [SSRN] 

Presentations: INQUIRE UK 2021; Santiago Finance Workshop 2021; AMES China (Virtual), 2022; CICF (Virtual), 2022; EFA, Barcelona, 2022. 

Duration-Hedging Trades, Return Momentum and Reversal. [SSRN] 

Presentations: AMES China, Beijing , 2023; AMES Asia, Singapore, 2023; 

Conference Presentations  (* Presented by coauthor)

American Risk and Insurance Association Annual Meeting, Toronto; IRFRC Annual Conference, Singapore;  Inquire Residential Seminar*, Bath, UK

 Santiago Finance Workshop*, Santiago, Chile;  EFA*, Barcelona, Spain;  CICF*, Shanghai, China; AMES China, Beijing (Scheduled)