Working Papers
Do Bankers Matter for Main Street? The Financial Intermediary Labor Channel, May 2024, with Yuchen Chen, Jack Favilukis and Xiaofei Zhao; Winner of 2022 CFRI Research Excellence Award
State Ownership, Asset Prices, and Monetary Policy Transmission: A Tale of Two Sectors, January 2024, with Frederico Belo, Dapeng Hao, Zhigang Qiu and Jincheng Tong
The Impact of Heterogenous Financial Shocks on Asset Prices and Corporate Decisions, June 2024, with Frederico Belo, Juliana Salomao and Fan Yang | Financial Shocks Data
Labor Force Telework Flexibility and Asset Prices: Evidence from the Covid-19 Pandemic, October 2020, with Jack Favilukis, Ali Sharifkhani and Xiaofei Zhao
Work in Progress
A Unified Explanation for the Decline of the Value Premium and the Rise of the Markup, with Chao Ying and Terry Zhang
Digital Prowess: ICT Human Capital, Remote Work, and Asset Prices, with Jack Favilukis, Jing Gao, Ali Sharifkhani and Xiaofei Zhao
Investor Protection, Corporate Investment, and Valuation, with Yingcong Lan, Neng Wang and Jinqiang Yang
Labor Market Dynamics and Corporate Liquidity Management: Theory and Empirical Analysis, with Jack Favilukis, Neng Wang and Xiaofei Zhao
