Mao, Bolin

My Belief in Economic Research

More evidence, weaker assumption, and no Homo Economicus. 

Research Interest

• Applied Econometrics

• Behavioral Finance

Education

• Ph.D. in Economics, Graduate School of Economics, Kyoto University (2023)

• M.A. in Economics, Graduate School of Economics, Kyoto University (2018)

• B.S. in Microelectronics, School of Information Science and Technology, Fudan University (2015)

Employment 

• 2024.8 - present Assistant Professor, Graduate School of Economics, Hitotsubashi University

• 2023.4 - 2024.7 Assistant Professor, Institute of Economic Research, Kyoto University

• 2021.10 - 2023.3 Research Fellow, Institute of Economic Research, Kyoto University

Publication

• Tse, T.T.K., Hanaki, N., and Mao, B. (2024). Beware the performance of an algorithm before relying on it: Evidence from a stock price forecasting experiment. Journal of Economic Psychology, Volume 102, 102727.

Working Papers

• • Mao, B., Nishiyama, Y., Tomizawa, Y., Suzuno, T., and Komura, N. (2024). Effect of Japanese COVID-19 Policy: Public Mobility, Infection Rate, and Individual Consumption. 

  • Mao, B., Chu, C., Nakashima, Y.,  and Nagahara, H. (2022). Efficient Market Hypothesis Test with Stock Tweets and Natural Language Processing Models. KIER DP 1082. [PDF]

  • Mao, B. (2022) Is Stock Portfolio’s Dense Subset Better ?

Ongoing Academic Projects 

Economics

• • • Disentangling country fixed effects in the structural gravity model for foreign direct investment: A machine learning approach. (with Cen, X. and Jinji, N.)

Evidence-Based Policy Making

• • • Heterogeneous Treatment Effect of Japanese Specially Issued Pension Insurance. (with Inoue, Y.)

    • 新型コロナウィルス蔓延に伴う緊急事態宣言等の初期の政策介入の影響分析. (with Otake, F., Sasaki, S., Inoue, Y. and Shiba, K.)

Behavioral Finance

• • • An Experimental Study on Information Source Reliance in Stock Price Prediction. (with Tse, T.T.K., Nobuyuki, H., and Zhou W.)

    • Does Supplementing Relative Performance Reward with Absolute Performance Reward Reduce Ruin Risk-Taking? (with Tse, T.T.K.)

Genome-wide Association Study

• • • Nagahama Project. (with Kamatani, Y., Hung, H., Ou, J., Kawaguchi, T., Inoue, Y., Hirota, S., Yodo, M.)

Sociology

• • • How family-life-interfered career paths delineate the explainability of theories on female housework time? (with Zhang, Y. and Wang, T.)

Presentations

• 2024

  • COVID-19 Data Analysis Symposium, Institute of Statistical Mathematics.

  • TDB-CAREE, Hitotsubashi University.

• 2023

  • Behavioral Economics Seminar, ISER, Osaka University.

  • JSPS Debriefing, CAPS, KIER, Kyoto University.

  • Workshop on Recent Developments in Econometric Theory and Its Applications 2022, KIER, Kyoto University.

• 2021

  • Econometrics Seminar, KIER, Kyoto University.

• 2020

  • BBL Seminar, GSE, Kyoto University.

• 2018

  • BBL Seminar, GSE, Kyoto University.

Last updated: August 22, 2024