1. “China’s Decentralized Privatization and Change of Control Rights.”, with Xu, Chenggang, Yan Guo, Review of Financial Studies. 05 September 2017.
1. Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model (with E. Li and C. Yu), Management Science, forthcoming.
1. “Do Underwriters Compete in IPO pricing?” with Evgeny Lyandres and Fangjian Fu, Management Science, forthcoming.
2. “Corporate Governance and Costs of Equity: Theory and Evidence”, with Di Li, Management Science, forthcoming.
3. Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model, with Haitao Li, Shujing Wang, and Cindy Yu, Management Science, conditionally accepted.
1. “Net Trade and Market Efficiencyin Grossman and Stiglitz (1980)” (with W. Wu), Journal of Economic Theory, 167, 75-85 (2017).
1. “Capital Utilization, Market Power, and the Pricing of Investment Shocks," with Lorenzo Garlappi, Journal of Financial Economics (2017), 126(3), 447-470
2. “Can Investment Shocks Explain the Cross-Section of Equity Returns?" with Lorenzo Garlappi, Management Science (2017), 63(11), 3829-3848