Beyond Random Assignment: Credible Inference and Extrapolation in Dynamic Economies
Co-authored with: Christopher A. Hennessy Journal of Finance, forthcoming https://doi.org/10.1111/jofi.12862 SSRN Version
Financing as a Supply Chain: The Capital Structure of Banks and Borrowers
Co-authored with: Will Gornall Journal of Financial Economics, forthcoming https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2347107 SSRN Version
Macroeconomic Risk and Idiosyncratic Risk-Taking
Co-authored with: Zhiyao (Nickolas) Chen Review of Financial Studies, forthcoming https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3056240 SSRN version
Firm Size and Capital Structure
Co-authored with: Alexander Kurshev Quarterly Journal of Finance, 2015, 5, 3, 1-46 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=676106 SSRN Version
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
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
The Mystery of Zero-Leverage Firms
Co-authored with: Baozhong Yang Journal of Financial Economics, 2013, 109, 1-23 http://dx.doi.org/10.1016/j.jfineco.2013.02.001 SSRN version, Lead article, Winner, the Emerald Citations of Excellence for 2016
Dynamic Models and Structural Estimation in Corporate Finance
Co-authored with: Toni M. Whited Foundations and Trends in Finance, 2012, 6, 1-163 http://dx.doi.org/10.1561/0500000035 SSRN version