Research by topics

[08] Monetary Policy and Firm Heterogeneity: The Role of Leverage Since the Financial Crisis, with Aeimit Lakdawala, Timothy Moreland

[07] The Economics of Pollution Abatement Over the Life Cycle of Firms, with Hui-Jun Chen, Po-Hsuan Hsu, Chi-Yang Tsou

[06] Short-term Finance, Long-term Effects, with Kenza Benhima, Omar Chafik, and Wenxia Tang

[05] The Inventory Decelerator for Monetary Policy, with Chengyuan He, Wentao Zhou

[04] Debt Covenants as Macroeconomic Stabilizers, with Wentao Zhou

[03] Financing Innovation with Innovation: Patent as Collateral in China, with Zhiyuan Chen, Minjie Deng, Yunzhou Shang

[02] Innovative Human Capital and Stock Returns: A Global Perspective, with Po-Hsuan Hsu, Hanni Jie, Yan Xu

[01] Debt Maturity Heterogeneity and Investment Responses to Monetary Policy, with Minjie Deng, EER (2022)

[06] Lumpy Investment, Fluctuations in Volatility, and Monetary Policy, with Wentao Zhou

[05] Monetary Policy and Firm Heterogeneity: The Role of Leverage Since the Financial Crisis, with Aeimit Lakdawala, Timothy Moreland

[04] The Inventory Decelerator for Monetary Policy, with Chengyuan He, Wentao Zhou

[03] Do Firms Care About Monetary Policy Uncertainty? Evidence from Earnings Calls, with Qing Li and Timothy Moreland

[02] The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance, with Jonathan Adams, Zheng Liu, Yajie Wang, JME (2026)

[01] Debt Maturity Heterogeneity and Investment Responses to Monetary Policy, with Minjie Deng, EER (2022)

[03] Incomplete Information and Irreversible Investment, with Jonathan Adams, Cheng Chen, Takahiro Hattori, Eugenio Rojas

[02] Lumpy Investment, Fluctuations in Volatility, and Monetary Policy, with Wentao Zhou

[01] A Note on Nonconvex Adjustment Costs in Lumpy Investment Models: Mean versus Variance, MD (2023)

[03] Sex and the City: Demographics, Spatial Sorting, and the Marriage Market, with Zibin Huang, Yushi Wang, Yu Yang, IER (2026)

[02] Place-based Land Policy and Spatial Misallocation: Theory and Evidence from China, with Libin Han, Zibin Huang, Ming Lu, Li Zhang, IER (2026)

[01] Migration, Housing Constraints, and Inequality: A Quantitative Analysis of China, with Zibin Huang, LE (2022)

[03] Innovative Human Capital and Stock Returns: A Global Perspective, with Po-Hsuan Hsu, Hanni Jie, Yan Xu

[02] Financing Innovation with Innovation: Patent as Collateral in China, with Zhiyuan Chen, Minjie Deng, Yunzhou Shang

[01] The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance, with Jonathan Adams, Zheng Liu, Yajie Wang, JME (2026)