Institution: | 1. Department of Economics, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong (snchen@ust.hk);2. School of Economics, The Shanghai University of Finance and Economics, China (sijichun@outlook.com);3. School of Economics, The Shanghai University of Finance and Economics, China, and Key Laboratory of Mathematical Economics (SUFE), Ministry of Education, Shanghai 200433, China (zhang.hanghui@mail.shufe.edu.cn;4. yahong.zhou@mail.shufe.edu.cn) |