Selected Working Papers

1. Market Feedback: Evidence from the Horse's Mouth, with Itay Goldstein and Bibo Liu.

2. The Road to Negative Futures Prices Is Paved with Financialization, with Yiqing Ge, Wenjin Kang, Ke Tang, and Hongjun Yan.

3. Kyle Meets Friedman: Informed Trading When Anticipating Future Information, with Hongjun Yan, Xueyong Zhang, and Deqing Zhou.

4. The Effects of Frequent Disclosure on Price Informativeness and Cost of Capital in a Keynesian Beauty Contest Setting, with Xu Jiang, Xu Wei, and Xueyong Zhang.

5. Geographic Segment Disclosures and Proprietary Costs, with Francesco Bova and Zhiyang Luo.

6. (Don't) Feed the Mouth that Bites: Trade Credit Spillover through Common Suppliers, with Kayla Freeman, Jie (Jack) He, and Han Xia.