Working Papers

“The Economics of PIPEs” (with Jongha Lim and Michael W. Schwert), Journal of Financial Intermediation, forthcoming.

“Price Risk and Liquidity Management:  Evidence from the Electricity Industry” (with Chen Lin and Thomas Schmid), Management Science, forthcoming.

“Corporate Liquidity, Acquisitions, and Macroeconomic Conditions” (with Isil Erel, Yeejin Jang, and Bernadette A. Minton), Journal of Financial and Quantitative Analysis, forthcoming.

“The Corporate Finance of Multinational Firms” (with Isil Erel, and Yeejin Jang), forthcoming in Multinational Corporations in a Changing Global Economy, edited by Fritz Foley, James Hines and David Wessel, Brookings.

“Climate Change, Operating Flexibility, and Corporate Investment Decisions” (with Chen Lin and Thomas Schmid).

“Selecting Directors Using Machine Learning” (with Léa H. Stern, Isil Erel, and Chenhao Tan), under revision for Review of Financial Studies.

“Private Equity Indices Based on Secondary Market Transactions” (with Brian Boyer, Taylor D. Nadauld, and Keith P. Vorkink), under revision for The Journal of Finance.

“The Role of Financial Conditions in Portfolio Choices: The Case of Insurers” (with Shan Ge).