Empirical Analysis of Corporate Tax Reforms: What is the Null and Where Did It Come From?
Co-authored with: Christopher Hennessy, Akitada Kasahara https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3138793
Dynamic Information Asymmetry, Financing, and Investment Decisions
Co-authored with: Haoxiang Zhu, Pavel Zryumov https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2356144
An Empirical Target Zone Model of Dynamic Capital Structure
Co-authored with: Arthur Korteweg http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1787001
Strategic Risk Shifting and the Idiosyncratic Volatility Puzzle
Co-authored with: Zhiyao Chen, Yuhang Xing, Xiaoyan Zhang , https://www.gsb.stanford.edu/gsb-cmis/gsb-cmis-download-auth/403536
Corporate Taxes and Capital Structure: A Long-Term Historical Perspective
Co-authored with: Francis A. Longstaff http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2482134
Macroeconomic Effects of Corporate Default Crises: A Long-Term Perspective
Co-authored with: Kay Giesecke, Francis A. Longstaff, Stephen M. Schaefer Journal of Financial Economics, 2014, 111, 297-310 http://dx.doi.org/10.1016/j.jfineco.2013.10.014 SSRN version
Capital Structure and Systematic Risk
Co-authored with: Michael Schwert https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2421020
Investment, Reputation, and the Temptation to Blend in with the Crowd
Co-authored with: Steven R. Grenadier, Andrey Malenko Journal of Financial Economics, 2014, 111, 137-157 http://dx.doi.org/10.1016/j.jfineco.2013.09.002 SSRN version
Government Policy and Ownership of Equity Securities
Co-authored with: Kristian Rydqvist, Joshua Spizman Journal of Financial Economics, 2014, 111, 70-85 https://www.sciencedirect.com/science/article/pii/S0304405X1300247X SSRN version Finalist, 2014 TIAA-CREF Paul A. Samuelson Award Short version reprinted in Finance and Accounting…
Dynamic Corporate Finance is Useful: A Comment on Welch
Co-authored with: Toni M. Whited Critical Finance Review, 2013, 2, 173-191 http://dx.doi.org/10.1561/104.000000011 SSRN version