Qilin Daniel PENG
Mr. Qilin Daniel PENG
Research Postgraduate Student

4-year PhD

Field of Study


Research Interests
  • Banking Regulation
  • Energy Finance
  • Quantitative Finance
  • Big Data in Finance
  • MS, Columbia University in the City of New York
  • BBA, The Hong Kong Polytechnic University
Recent Publications
Communication within Banking Organizations and Small Business Lending

We investigate how communication within banks affects small business lending. Using travel times between a bank’s headquarters and its branches to proxy for the costs of communicating soft information, we exploit shocks to these travel times—the introduction of new airline routes—to evaluate the impact of within-bank communication costs on small business loans. We find that reducing headquarters-branch travel time boosts small business lending in the branch’s county. Several extensions suggest that new airline routes facilitate in-person communications that boost small-firm lending.