On the Profitability of Loyalty, with Ying Lei, Ji Shen, and Xin Zhai, 2nd round R&R at Marketing Science, 2022/12

 The Information Effect of Policy Announcement,(SSRN),  with Ying Lei, Shukai Du, and Yue Yin, 2022/09, 

Equity Price Responses and the Fed Information Effect, with Simon Gilcrist and Guihai Zhao, 2021/09, new draft coming soon

Competition and Regional Phillips Curve, (SSRN), with Shukai Du, 2022/07/05, submitted

Optimal Capital Structure, Subsidy and the Unexpected Debt-Equity Swap Policy， (SSRN) ，(with Shaoxuan Zheng) (2018/06 Updated)

The Long-run Effect of Mobility Distortions and Financial Frictions (2016/06 Updating new version is coming)