Google Scholar Profile
Published and Accepted Papers
In Refereed Journals:
- Liars Loan?
Effects of Origination channel and Information Falsification on
Mortgage Loan Delinquency (with Ashlyn Nelson and Edward
Vytlacil), Review of Economics and Statistics, forthcoming.
Reporting Biases in Hedge Fund Databases from Hedge Fund Equity
Holdings (with Vikas Agarwal and Vyacheslav Fos), Management
Hedge Fund Skill from the Portfolio Holdings They Hide [Internet
Appendix] (with Vikas Agarwal, Yuehua Tang, and Baozhong Yang),
Journal of Finance, forthcoming.
- The Real Effects
of Financial Markets: The Impact of Prices
on Takeovers, with Alex Edmans and Itay Goldstein, Journal
of Finance, forthcoming. Appendix
Funds and Chapter 11, with Kai Li, and Wei Wang, Journal of
Finance, 2012, vol. 67(3), 513-560.
Creditors are Shareholders: Effects of Simultaneous Holding of Debt
and Equity by Noncommercial-Banking Institutions, with Kai Li,
and Pei Shao, Review of Financial Studies, 2010, vol.
Fund Activism: A Review, with Alon Brav and Hyunseob Kim, Foundations
and Trends in Finance, 2010, vol. 4(3), 1-66.
Complementarities and Financial Fragility: Evidence from Mutual Fund
Outflows, with Qi Chen and Itay Goldstein, Journal of
Financial Economics, 2010, vol. 97, 239-262.
Arbitrage: A Study of Open-Ending Attempts of Closed-End Funds
with Michael Bradley, Alon Brav, and Itay Goldstein, Journal of
Financial Economics, 2010, vol. 95 (1), 1-19. Lead article.
to Hedge Fund Activism, with Alon Brav, Frank Partnoy, and Randall Thomas, Financial
Analyst Journal, 2008, vol 64, 45-61.
Ownership in the U.S. Mutual Fund Industry, with Qi Chen and
Itay Goldstein, Journal of Finance, 2008, vol 63(5), 2629-2677.
Fund Activism, Corporate Governance, and Firm Performance, with
Alon Brav, Frank Partnoy, and Randall
Thomas, Journal of Finance, 2008, vol. 63 (4), 1729-1775,
finalist for the Brattle Award, and ranked among the Top 10
most-cited articles from Journal of Finance by Scientific
Direct in 2009.
Contribution Pension Plans: Determinants of Participation and
Contribution Rates, with Gur Huberman and Sheena Iyengar, Journal
of Financial Services Research, 2007, vol. 31(1), 1-32. Lead
- Price Informativeness and
Investment Sensitivity to Stock Prices, with Qi Chen and Itay
Goldstein, Review of Financial Studies, 2007, vol. 20 (3),
vs. Choices in 401(k) Plans: Equity Exposure and Number of Funds,
with Gur Huberman, Journal of Finance, 2006, vol. XLI(2),
763-801, winner of the Smith-Breeden Distinguished Paper Prize.
Weighting of Private and Public Information, with Qi Chen,
Review of Financial Studies, 2006, vol. 19(1), 319-355.
Nonparametric Approach to Measuring and Testing Curvature, with
Jason Abrevaya, Journal of Business
and Economic Statistics, 2005, vol. 23(1), 1-19. Lead article.
Learning about Analyst Predictive Ability, with Qi Chen and
Jennifer Francis, Journal of Accounting and Economics,
2005, vol. 39(1), 3-24. Lead article.
Hurdle Rates without Asymmetric Information, with Qi Chen, Financial
Research Letters, March 2004, 1(2), 106-112.
- A Nonparametric Test of
Market Timing, Journal of Empirical Finance, 2003, vol. 10(4),
pp 399 425. Lead article.
and Loan Performance: A Contrast of Ex Ante and Ex Post Relations in
the Mortgage Market, with Ashlyn Nelson and Edward Vytlacil
Effects and the Limits of Arbitrage (with Alex Edmans and Itay
- The Real
Effects of Hedge Fund Activism (with Alon Brav and Hyunseob