Bailouts and Bank Runs: Theory and Evidence from TARP, European Economic Review, Volume 64, (November 2013), Pages 169-180.
Bank Finance Heterogeneity in China: Micro-level Evidence (with Tianran Niu), Applied Economics Letters, vol. 21(2), (January 2014), pages 103-106.
An Empirical Analysis of Interest Rates and Exports under Imperfect Credit Markets (with Pu Chen and Nan Xu), Applied Economics Letters, (January 2015), Pages 1078-1082.
How Financial Market Imperfection and Exchange Rates Relate to Decisions to Export (with Pu Chen), Annals of Economics and Finance, (November 2015), Pages 315–334
Real Estate Prices and Firm Borrowings: Micro Evidence from China (with Pu Chen and Yangyan Liu), China Economic Review, Volume 36, (December 2015), Pages 296–308.
Crony Banking and Capital Misallocation in China
Power, Money, and Capital Misallocation in China (with Peiyuan Li and Muyang Zhang)
Local Firm and Government Crony: Evidence from Micro-Level Land Data (with Qinghua Zhang)
Political Connection and Firm Returns: New Evidence from China (with Liping Lu)
Environment, Firm Returns, and Political Connection in China (with Liping Lu and Xinrui Wang)
Political Connections and Decisions to Privatize in China (with Pu Chen)
China’s Smoothed Cycle and High Firm Volatility: The Role of Bank Loans (with Heungju Park)Uncertainty in Global Games and Banking Runs: Evidence from Analyst Forecast (with Zilong Zhang)