Research

Published and Accepted Papers

• Lease-Adjusted Productivity Measurement, with Kai Li and Yiming Xu

     Journal of Banking and Finance, Volume 164, July 2024, 107121. [Internet Appendix]

• Leasing and the Allocation Efficiency of Finance, with Kai Li and Yiming Xu

     Journal of Empirical Finance, Volume 74, December 2023, 101426. [Internet Appendix]

• Semi-finalist for the Best Paper Award in Corporate Finance of FMA Annual Meeting 2022

• Home, School, and Community Deprivations: A Multi-Context Approach to Childhood Poverty in China, with Emily Hannum and Albert Park 

Journal of Contemporary China, vol 28, Issue 120, page 864-882, 2019

Working Papers

• Leasing as a Mitigation Channel of Capital Misallocation, with Kai Li and Yiming Xu, R&R at Journal of Financial Economics

  • • Semi-finalist for the Best Paper Award in Corporate Finance of FMA Annual Meeting 2022

    • Presented at: Shanghai Jiaotong University, EFA 2023, SFS Cavalcade 2022, FIRS 2022, CICM 2022, CICF 2022, MFA 2022, FMA 2022,  AFA poster 2022, SED 2021, PHBS Macro and Finance Workshop 2021

• Facilitating Entry through Leasing, with Kai Li and Yiming Xu, R&R at International Economic Review

  • • Presented at: 7th PKU-NUS conference on Quant Finance and Economics, Cambridge University Macro Workshop 2022, Macro Workshop 2021, and PHBS Sargent Institute PhD Reading Group

  • Speculation, Purchase Restrictions, and Housing Demand Spillover: Evidence from China, with Kai Li, Jing Sun, and Pengfei Wang

    • Presented at CCER Summer Institute 2023, CFAF 2023, CFRC 2022, CEA 2022

• Towards Objectivity and Interpretability: An Anatomy of Climate Change Exposure, with Kai Li and Tingyu Yu

  • • Presented at: HKIMR 2022, Stockholm Business School

• The Technology Gap, with Kai Li and Yifu Liu

  • • Presented at: CICF 2024, AsianFA 2024

  • Leasing and Corporate Risk Management, with Kai Li and Chenjie Xu 

    • Presented at Macau University 2024

  • Small Schools and Student Achievement: Lottery-Based Evidence from New York City, with Atila Abdulkadiroglu and Parag Pathak , NBER Working Papers No. 19576, 2016

• Short and Long-term Consequences of Family and Neighborhood Poverty in Rural China, with Emily Hannum and Albert Park, 2021

• Childhood Poverty and Gender Gap in Educational Attainment: Evidence from Siblings in Rural China, with Emily Hannum and Albert Park, 2021

• Digitalization and Development: A Digital Index for China's Megacities, with Albert Park, 2019

• Parental Migration and Child Development in Rural China, with Leng Lee and Albert Park, 2021

• Childhood Deprivations and Welfare Outcomes in Young Adulthood in Rural Northwest China, with Emily Hannum and Albert Park, 2017

• Neighborhood Interactions and School Choice: Evidence from New York City, 2018