Yale School of Management
    Zhiwu Chen
    Professor of Finance
    International Center for Finance

    135 Prospect Street
    P.O. Box 208200
    New Haven, CT 06520-8200
    United States

    Tel: (203) 432-5948
    Fax: (203) 432-6970
    zhiwu.chen@yale.edu
    www.som.yale.edu/faculty/zc25

    Yale School of Management
    Pingyang Gao
    Research Assistant
    International Center for Finance

    P.O. Box 203555
    New Haven, CT 06520
    United States

    Tel: (203) 508-0945
    pingyang.gao@yale.edu