Working Papers

”Strategic Bankruptcy and Corporate Negligence,’’ 2025. (with Sam Antill and Xu Tian)

“Firm Heterogeneity and Adverse Selection in External Finance: Micro Evidence and Macro Implications,” 2025, second round, Review of Economic Studies. (with Xing Guo, Pablo Ottonello, and Thomas Winberry)

“The Efficiency of Patent Litigation,” 2025, second round, Journal of Finance. (with Sam Antill, Murat Celik, and Xu Tian)

“Central Bank Digital Currency and Banks,'' 2025. (with Yufeng Wu and Kairong Xiao), third round at the Review of Financial Studies.

“Buy, Invent, or Both?” December 2022. (with Felipe Cortes and Tiantian Gu), second round at Management Science.

"Identifying the Heterogeneous Impact of Highly Anticipated Events: Evidence from the Tax Cuts and Jobs Act," November 2022. (with Paul Borochin, Murat Celik, and Xu Tian)