Research
Publications
Who Benefits in a Crisis? Evidence from Hedge Fund Stock and Option Holdings, (with George Aragon and Spencer Martin), Journal of Financial Economics, 2019, 131 (2): 345-361.
The Impact of Portfolio Disclosure on Hedge Fund Performance, Journal of Financial Economics, 2017, 126 (1), 36-53.
Why Do Hedge Funds Avoid Disclosure? Evidence from Confidential 13F Filings, (with George Aragon and Michael Hertzel), Journal of Financial and Quantitative Analysis, 2013, 48 (5), 1499-1518.
Liquidity Transformation and Financial Fragility: Evidence from Funds of Hedge Funds, (with Vikas Agarwal and George Aragon), Journal of Financial and Quantitative Analysis, 2019, 54 (6), 2355-2381.
Does Improved Disclosure Lead to Higher Executive Compensation? Evidence from the Convergence to IFRS and the Dual-Class Share System in China, (with Jun Lu), Journal of Corporate Finance, 2018, 48, 244-260.
Working Papers
Volatility Timing Using ETF Options: Evidence from Hedge Funds, (with George Aragon and Shuaiyu Chen)
AFA 2025
Income Taxes and Managerial Incentives: Evidence from Hedge Funds, (with Vikas Agarwal, Gary Chen, and Bin Wang)
AFA 2021
Mutual Fund ESG Window Dressing, (with Hui Chen, Tianshuo Shi, and Leile Zhou)
Short-Selling Hedge Funds, (with Jialin Qian and Baozhong Yang)
The Impact of AI Talents on Hedge Fund Performance, (with Vikas Agarwal, Xuxi Guo, Baozhong Yang)
Don’t Confuse Brains with a Bull Market: Attribution Bias, Overconfidence, and Trading Behavior of Individual Investors, (with Na Wang)