Working Papers

Understanding Negative Risk-Return Trade-offs (Job Market Paper, June 2022) Presentation Slides

The Debt Structure Premium: Reconciling Equity and Option Market Evidence, with Bixiao Chen (July 2025)

Discount Rate Revision and the Mispricing Factor Zoo, with Bixiao Chen (Sep 2024)

Volatility-Managed Volatility Selling (April 2024) Presentation Slides

Commodity Prices, Discount Rates, and Expected Dividend Growth (Nov 2023)