Professor Yongmiao Hong of Cornell University delivered two lectures on May.25, 2013 at the Center for Economic Research, Shandong University.

Topics of two lectures are “Predictability of Asset Returns over Different Time Horizons：A Nonparametric Approach” and “Analysis of Employment Development in Financial Industry”. The first session focused on the hypothesis of “whether return on net asset can be predicted at different levels”, and the second one mainly discussed on employment prospect of students, Professor Hong put forward a requirement of “Facing the problem from an international perspective” for all students.