Published Papers

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations Abstract PDF
with
Gian Luca Clementi, American Economic Journal: Macroeconomics, July 2016

Cash Holdings, Competition, and Innovation Abstract PDF
with
Evgeny Lyandres, Journal of Financial and Quantitative Analysis, December 2016

Cash Holdings, Risk, and Expected Returns Abstract PDF
Journal of Financial Economics, April 2012


Working Papers

Investment and the Cross–Section of Equity Returns Abstract PDF
with
Gian Luca Clementi

Firm Selection and Corporate Cash Holdings Abstract PDF
with
Juliane Begenau

The Motives for Long-Term Debt Issues  Abstract PDF
with R. David McLean

Cash Flows Risk, Capital Structure, and Corporate Bond Yields Abstract PDF
(Older version with empirical analysis)

The risks of old age: Asset pricing implication of technology adoption Abstract PDF
with
Xiaoji Lin
and Fan Yang

On The Calibration of Competitive Industry Dynamics Models Abstract PDF
with
Gian Luca Clementi


Work in Progress

Selection, Reallocation and the Shape of Aggregate Fluctuations: A General Equilibrium Analysis Abstract
with Gian Luca Clementi, Aubhik Khan, and Julia Thomas