Research

Publications:

Growing Up under Mao and Deng: On Politician Ideology and Corporate Policies (with Hao Liang and Rong Wang; Management Science, accepted)

A summary of this paper is featured on the Oxford Business Law Blog

The Value of Financial Intermediation: Evidence from Online Debt Crowdfunding (with Fabio Braggion, Alberto Manconi, and Nicola Pavanini; Journal of Financial Economics, 2025)

A summary of the paper is featured on the Machine Lawyering blog.

Household Credit and Regulatory Arbitrage: Evidence from Online Marketplace Lending (with Fabio Braggion and Alberto Manconi; Management Science, 2023)

The International Workshop on Financial System Architecture and Stability Best Paper Award 2018

A summary of this paper is featured on FinReg blog

Credit, Labor, and Political Unrest: Evidence from 1930s China (with Fabio Braggion and Alberto Manconi; Journal of Financial Economics, 2020)

SFS Cavalcade Asia-Pacific Best Paper Award in Corporate Finance 2017

A summary of this paper is featured on promarket.org

Working Papers:

Labor Unrest and Socially Responsible Hiring (with Jiaxing You and Bohui Zhang; Management Science, Revise & Resubmit)

Selected presentations: Cavalcade Asia-Pacific (Beijing, scheduled); FMA (Turin, 2024); FMA (Seoul, 2024); AFBC (Sydney, 2024); Shanghai University of Finance and Economics (2024); Shanghai International Studies University (2024); Renmin University (2023); China Financial Research Conference (Beijing, 2023); Corporate Finance Days (Lille, 2023); CICF (2022); TILEC Workshop on Economic Governance and Legitimacy (Tilburg, 2022); PRME France-Benelux Chapter (Rotterdam, 2022); 

Easy Screening: Inattention and Household Financial Distress (with Sjoerd van Bekkum)

Selected presentations: Research in Behavioral Finance Conference (2022); Workshop Financial innovation: A threat to financial stability? (Atlanta, 2022); 3rd CEAR-RSI Household Finance Workshop (2022); Business Financing and Banking Research Group Annual Workshop (Sydney, 2022)

Social Stability and Resource Allocation within Business Groups

Finance Down Under Best Paper Award 2018 - Sponsored by CFA Society of Melbourne and CFA Institute Asia-Pacific Research Exchange

This project is supported by a research grant from the Institute for New Economic Thinking.

A summary of this paper is featured on the Ineteconomics.org

Selected presentations: Finance Down Under (Melbourne, 2018); Workshop at Erasmus School of Economics (2018); Workshop at Shanghai University of Finance and Economics (2018); Workshop at Shanghai Advanced Institute of Finance (2018); Workshop at BI Norwegian Business School (2018); European Economic Association (Lisbon, 2017); Workshop at Singapore Management University (2017); Workshop at Nanyang Technological University (2017)