- Reputation, Competition, and Capital Structure, with Min Dai and Zhaoli Jiang
- “Strategic Investment under Uncertainty with First- and Second-mover Advantages”, with Min Dai and Zhaoli Jiang
- “Leverage Dynamics under Costly Equity Issuance”, with Patrick Bolton and Jinqiang Yang
- “Stochastic Earnings Growth and Equilibrium Wealth Distribution”, with Thomas J. Sargent and Jinqiang Yang
- “Dynamic Banking and the Value of Deposits”, with Patrick Bolton, Ye Li, and Jinqiang Yang
- Dynamic Trading with Realization Utility, with Min Dai and Cong Qin
- “A p Theory of Government Debt and Taxes”, with Wei Jiang, Thomas J. Sargent, and Jinqiang Yang
- “Robust Financial Contracting and Investment”, with Aifan Ling and Jianjun Miao
- “Pandemics, Vaccines, and an Earnings Damage Function”, with Harrison Hong, Jeffrey Kubik, Xiao Xu, and Jinqiang Yang
- “Investor protection, financial development, and corporate valuation”, with Yingcong Lan, Xiaoji Lin, and Jinqiang Yang
- Career concerns and investment, with Patrick Bolton and Jinqiang Yang
- “Reallocating and pricing illiquid capital: Two productive trees”, with Janice Eberly
- Entrepreneurial experimentation and duration, with Guojun Chen and Jianjun Miao
- “Debt, taxes, and corporate liquidity”, with Patrick Bolton and Hui Chen
- Financial constraints, corporate savings, and the value of cash, with Patrick Bolton and Huntley Schaller