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