On November 16, 2022, [Mingli Lecture, Issue 53, 2022], it was the honor to invite Chen Zilin, associate professor of the School of Finance, Southwestern University of Finance and Economics, to bring a report entitled "Presidential Economic Approval Rating and the Cross-Section of Stock Returns". Affected by the epidemic, this report was held online, and nearly 20 teachers and students from the School of Management and Economics, graduate students and undergraduates attended the report. The host is Cui Yujia, Assistant Professor of Accounting Department, School of Management and Economic
Associate Professor Chen Zilin shared his latest paper results in the report, that is, the research on the presidential support rate and the cross-sectional stock return rate. He and his collaborators found that the future monthly performance of stocks with high PEAR-beta was significantly lower than that of stocks with low PEAR-beta, because investors overpriced stocks with high PEAR-beta in the current period, resulting in wrong pricing.
The report of Associate Professor Chen Zilin fully aroused the interest and enthusiasm of the teachers and students attending the meeting. After the report, the teachers and students actively communicated with Mr. Chen. The report received a warm response and received unanimous praise from the teachers and students.
Attachment: Profile of Associate Professor Chen Zilin
Chen Zilin is an associate professor at the School of Finance, Southwest University of Finance and Economics. His main research fields are empirical asset pricing, behavioral finance and machine learning. The paper was published or received in international journals such as Journal of Financial Economics, Journal of Banking and Finance, Journal of Economic Dynamics and Control.
