What are the actual effects of cash holdings? Evidence from the mutual fund industry (with Haibei Zhao)
Do higher-moment equity risks explain hedge fund returns? (with Gurdip Bakshi and Joop Huij)
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Received research grant from the BNP Paribas Hedge Fund Center at Singapore Management University
Common factors in analysts' earnings revisions: The role of changing economic conditions (with Dieter Hess)
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Institutional investment and intermediation in the hedge fund industry (with Vikram Nanda and Sugata Ray)
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Do mutual funds have market timing ability? New evidence from their trades (with Yuehua Tang and Baozhong Yang)
Corporate derivatives use, yield spreads, and leverage (with Gerald D. Gay and Chen-Miao Lin)
Transaction costs and value premium (with Lingling Wang)