Affordable Public Housing and Intergenerational Mobility in Housing Consumption (SSRN version), 2025, with S. Agarwal, Y. Fan, and T.F. Sing
Supporting Seniors: How Low-Income Elderly Individuals Respond to a Retirement Support Program (SSRN version), 2025, with S. Agarwal, T. Ruan, and B. Yeung, Management Science, forthcoming
Housing Booms and Shirking (SSRN version), 2025, with Q. Gu, J. He, and Y. Ren, Journal of Urban Economics, 149, 103793
The Real Impact of FinTech: Evidence from Mobile Payment Technology (SSRN version), 2025, with S. Agarwal, Y. Ren, T. Tsai, and B. Yeung, Management Science, forthcoming
Association Between Bike-sharing Systems and the Blood Pressure of Local Citizens: A Cross-sectional Study in China, 2024, with S. Agarwal, B. Li, Y. Ren and R. Sun, BMJ Public Health, 2:e001185
Taxing the Rich to Finance Redistribution – Evidence from a Permanent Tax Increase in Singapore (SSRN version), 2023, with S. Agarwal, B. Yeung, and H. Zheng, Management Science, 70(4), 2518-2548
Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission (SSRN version), 2022, with S. Agarwal, Y. Deng, Q. Gu, J. He, and Y. Ren, Review of Finance, 26(3), 487-520
Employee Output Response to Stock Market Wealth Shocks (SSRN version), 2022, with T. Li, W.A. Xiong, and X. Zou, Journal of Financial Economics, 146(2), 779-796
The Impact of the COVID-19 Pandemic on Consumption: Learning from High Frequency Transaction Data (SSRN version), 2021, with H. Chen and Q. Wen, AEA Papers and Proceedings,111, 307-311
Thy Neighbor's Misfortune: Peer Effects on Consumption (SSRN version), 2021, with S. Agarwal and X. Zou, American Economic Journal-Economic Policy, 13(2), 1-25
Disaggregated Sales and Stock Returns (SSRN version), 2021, with S. Agarwal and X. Zou, Management Science, 67(11), 7167-7183
The Ownership Complaint Gap: Mutual vs. Stock Intermediaries (SSRN version), 2020, with J. Cheng and D. Reeb, Journal of Financial and Quantitative Analysis, 55(5), 1685-1715
Disguised corruption: Evidence from consumer credit in China (SSRN version), 2020, with S. Agarwal, A. Seru, and J. Zhang, Journal of Financial Economics, 137(2), 430-450
Age of decision: pension savings withdrawal and consumption and debt responses (SSRN version), 2020, with S. Agarwal and J. Pan, Management Science, 66(1), 3254-3270
Mobile Wallet and Entrepreneurial Growth (SSRN version), 2019, with S. Agarwal, B. Yeung, and X. Zou, AEA Papers and Proceedings, 109,48-53
Access to home equity and consumption: Evidence from a policy experiment (SSRN version), 2017, with S. Agarwal, Review of Economics and Statistics, 99(1), 40-52
How constraining are limits to arbitrage? (SSRN version;NBER Working Paper No. 19834), 2016, with A. Ljungqvist, Review of Financial Studies, 29(8), 1975-2028
Playing the boys game: Golf buddies and board diversity (SSRN; AER P&P version), 2016, with S. Agarwal, D. Reeb, and T.F. Sing, American Economic Review (Papers and Proceedings), 106(5): 272-276
Speculative investors and transaction tax: Evidence from the housing market (SSRN version; NBER Working Paper No. 19400), 2016, with Y. Fu and B. Yeung, Management Science, 62(11), 3254–3270
The hidden peril: the role of the condominium loan market in the recent financial crisis (SSRN version), 2016, with S. Agarwal, Y. Deng and C. Luo, Review of Finance, 20(2), 467-500
Competition of the informed: Does the presence of short sellers affect insider selling? (SSRN version), 2015, with M. Massa, W. Xu, and H. Zhang, Journal of Financial Economics, 118(2), 268-288
The composition effect of consumption around retirement: Evidence from Singapore (SSRN version), 2015, with S. Agarwal and J. Pan, American Economic Review (Papers and Proceedings), 105(5), 426-431
Consumption and debt response to unanticipated income shocks: evidence from a natural experiment in Singapore (SSRN version), 2014, w. S. Agarwal, American Economic Review, 104(12), 4205-4230
Household Finance: A Functional Approach, 2020, with S. Agarwal and R. Tan, Palgrave-Macmillan Publishing