Professor Lu Jun Speaks at ISQOLS on Latest Research Findings
Source：emlyon business schoolDate：2025-09-19
Recently, Professor Lu, Jun (Timothy), Associate Professor of Finance, Academic Director of Global EMBA Program and Doctoral Supervisor at emlyon business school, was invited to present his research at the 23rd Annual Conference of the International Society for Quality-of-Life Studies (ISQOLS), held in Luxembourg.
The conference brought together more than 470 scholars and professionals from over 70 countries, focusing on cutting-edge topics related to quality of life, happiness, and well-being policies. It served as an important platform for cross-disciplinary dialogue and knowledge exchange.
Professor Lu delivered a presentation entitled “The Bright Side of Gift Expenditure: Evidence from Subjective Health Outcomes in China.” Drawing on a large-scale longitudinal survey dataset from China, his research investigates the relationship between household gift expenditure and individuals’ subjective health outcomes.
The study finds that higher household gift spending is positively associated with better self-reported health. To further uncover the underlying mechanisms, Professor Lu and his research team examined why gift expenditures generate such effects. The findings reveal that greater gift spending towards relatives and friends strengthens household borrowing capacity within communities, promotes healthier exercise habits, and increases health-related spending. In turn, gift expenditure enhances social networks, thereby improving monetary liquidity and information sharing.
Importantly, the research also highlights that the positive health impact of gift spending is particularly pronounced among households in rural areas. The robustness of these findings provides new empirical evidence for understanding the intrinsic link between social interactions and health.
Lu Jun
Associate Professor of Finance
Academic Director of Global EMBA Program
DBA Advisor at emlyon business school
Dr. Lu earned his PhD in Managerial Science & Applied Economics from the Wharton School, University of Pennsylvania in 2011. He joined emlyon in early 2020, in charge of research and teaching in Finance and Accounting area. Before joining emlyon, he was on the faculty of Peking University HSBC Business School, teaching master’s and MBA programs.
Dr. Lu’s research focus on investor behavior, financial markets & corporate governance, fintech and ESG. His research has been published in highly reputable academic journals including Journal of Economic Behavior & Organization, National Tax Journal, and International Review of Finance. His works have received Best Paper Award at top academic conferences, and have been reported by Wall Street Journal, U.S. News & World Report, and The Fiscal Times.
Dr. Lu is serving as an advisory expert of the Changjiang-delta Capital Market Servicing Foundation, providing thought leadership to the Chinese stock market development, and consulting for the listed firms and policymakers. He has contributed numerous times on financial market issues through keynote speeches, articles and interviews to highly reputable media including Phoenix Media, Sina Finance, China Forex, China Finance, The Beijing News, Shenzhen Evening and the Shenzhen Media Group. Previously he has served as deputy chair of the Risk Management & Insurance Research Center at Peking University HSBC Business School. He has hosted Asian Banker’s China Private Wealth Dialogue, and has served as long time guest speaker at the PKU-HSBC Financial Frontier. In addition, he has delivered training to financial institutions including China Merchants Bank and China Unionpay.