Working Papers

Backyard Brilliance: Local Star Inventors’ Influence on Institutional Investments
with Zheng Qiao, Lei Zhang, and Zhiyu Zhang
Revise and Resubmit, Journal of Financial and Quantitative Analysis

Gaining Market Expertise: The Geographic Specialization of Labor in Mortgage Lenders
with Erica Jiang and Yeonjoon Lee

Geographic Scaling and Portfolio Risk in Life Insurers
with Chenyu Xiong and Yilin (David) Yang

Underwriter Competition and Institutional Loan Pricing
with Zheng Sun, Chenyu Xiong, and Qifei Zhu

The Shadow Cost of “Cov-lite”
with Chenyu Xiong