Working Papers
The Misallocation of Finance, with Toni Whited (SSRN link)
R&D Dynamics and Corporate Cash, with Xiaodan Gao (SSRN link)
Tax Smoothing under Balanced Budget Rules in the U.S., with Marina Azzimonti and Eva de Francisco
The Growth of Chinese R&D and Innovation, with Xiaodan Gao (SSRN link)
Capital Reallocation and Adverse Selection, with Shaojin Li and Toni Whited
Publications
Accounting for the Corporate Cash Increase (SSRN link, European Economic Review, 2020)
The Impact of Personal Bankruptcy on Labor Supply Decisions, with Daphne Chen (SSRN link, Review of Economic Dynamics, 2017)