Welcome!
I am a PhD candidate in Applied Economics & Management (Finance Field) at the SC Johnson College of Business, Cornell University.
Beginning in September 2025, I will join Stanford University as an IvyPlus Exchange Scholar.
My research focuses on Financial Intermediation, Corporate Finance, Political Economy, and Contract Theory.
I publish under my Chinese name, Haokun Sun; I often go by Sam.
Institutions had divergent preferences for benchmarks based on their funding structure. Replacing a financial benchmark causes distributional consequences for both the supply and demand sides of the loan market.
Award: Midwest Finance Association (MFA) Outstanding PhD Student Paper Award
Presentations: CES Annual Meeting, Cornell Econ Alumni Workshop, Cornell Finance, Dalhousie University, EFA Annual Meeting, Florida State University, FMA Doctoral Student Consortium, Imperial College London, Lindau Nobel Laureate Meeting, MFA PhD Symposium, Nanyang Technological University, Peking University, SAIF, Singapore Management University, Tsinghua University, University of Alberta, University of Arizona, University of North Carolina-Chapel Hill, University of Wisconsin-Madison (Joint IO-Finance), Virginia Tech.
Contracts have grown longer, more complex, but more standardized, with small banks driving innovation in the language.
Presentations: CICF, Dartmouth College, Kansas University, Northeastern University, Peking University, Queen’s University, Southern Methodist University, University of Georgia, University of Maryland, University of Miami, University of South Carolina, University of Texas-Austin.
Standing committee members coordinately promote their connected candidates, subject to a majority rule that changes across the presidency.
Presentations: ASSA Annual Meeting, APSA Annual Meeting, Cornell 100 Years of Economic Development, Peking University, University of Chicago, International Economic Association World Congress
Rating agencies can create a focal point for investors, prompting behavior that makes the ratings right in retrospect. Previously titled "Follow me, I will be right".
Presentations: Cornell Development, Economic Modeling Conference 2021
Teaching Assistant, Cornell University, 2019-24
AEM1500 Introduction to Environmental Economics (Undergrad, Catherine Kling)
AEM4260 Fixed-Income Securities (Undergrad, Justin Murfin)
AEM4670 Investments (Undergrad, Peter Cziraki, Justin Murfin and Sumudu Watugala)
AEM5600 Managerial Economics (Master's, Benjamin Leyden and Garrick Blalock)
ECON3801 Introduction to Game Theory (Undergrad, Kaushik Basu)
ECON4907 Asymmetric Information and Contracts (Undergrad, Marco Battaglini)
NBA 5600 Big Data and FinTech (MBA, Lin William Cong)
Lecture Material Organizer, London School of Economics, 2017
EC451 Intro Macroeconomics for Econometrics & Mathematical Economics (Master's, John Moore)
Teaching Assistant, Dalhousie University, 2016
ECON3700 Mathematics for Economists (Undergrad, Swapan Dasgupta)
MATH2060 Intro. Probability & Statistics (Undergrad, Swapan Dasgupta)
2025: CES Annual Meeting, EFA Annual Meeting, Florida State University, Imperial College London, Lindau Nobel Laureate Meeting, MFA PhD Symposium, Nanyang Technological University, NBER Summer Institute (invited participant), Shanghai Advanced Institute of Finance, Singapore Management University, University of Alberta, University of Arizona
2024: CICF, Cornell Econ Alumni Workshop, Cornell Finance, Dalhousie University, FMA Doctoral Student Consortium, NBER Big Data-AI-Financial Economics (invited participant), Peking University, Tsinghua University, UNC-Chapel Hill, UW-Madison (Joint IO-Finance), Virginia Tech
2023: APSA Annual Meeting, Cornell GSA, Cornell TWIPS, Peking University
2022: ASSA Annual Meeting, Cornell 100 Years of Economic Development, Cornell GSA
2021: UChicago CCSRG, Peking University, Cornell Development Workshop, IEA World Congress
2015: World Bank, SGPE Annual Conference in Crieff
What Drives Bank Credit Lines? Wholesale Funding and Bank Liquidity Creation, by Mohit Desai, EFA 2025
Better than Human? Experiments with AI Debt Collectors, by James Choi, Dong Huang, Zhishu Yang, and Qi Zhang, CICF 2024
Games and Economic Behavior, Economic Modelling, China Economic Review
Uber Rating 4.98/5.00 after 100+ rides (as a passenger)