Loan Performance: A Contrast of Ex Ante and Ex Post Relations in the
Mortgage Market, with Ashlyn Nelson and Edward Vytlacil, Review of Financial Studies, forthcoming.
Accumulations by Activist Investors: Evidence and Policy, (with
Lucian Bebchuk, Alon Brav,
and Robert Jackson), Journal of
Corporate Law, 2013, vol. 39.
Model Predictive Power among Low-Documentation loans, (with Ashlyn
Nelson and Edward Vytlacil), Economic
Letters, 2013, vol. 120, 171-173.
Effects of Origination channel and Information Falsification on Mortgage
Loan Delinquency (with Ashlyn Nelson and Edward Vytlacil), Review of Economics and Statistics,
Biases in Hedge Fund Databases from Hedge Fund Equity Holdings (with
Vikas Agarwal and Vyacheslav Fos), Management
Science, 2013, vol. 59(6), 1271-1289.
Hedge Fund Skill from the Portfolio Holdings They Hide [Internet
Appendix] (with Vikas Agarwal, Yuehua Tang,
and Baozhong Yang), Journal of
Finance, 2013, vol 68(2), 739-783.
The Real Effects of Financial Markets: The
Impact of Prices on Takeovers, with Alex Edmans and Itay Goldstein, Journal
of Finance, 2012, vol. 67(3), 933-972. Appendix
Hedge Funds and Chapter 11,
with Kai Li, and Wei Wang, Journal of Finance, 2012, vol. 67(3),
When 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. 23(10), 3595-3637.
Hedge Fund Activism: A Review,
with Alon Brav and
Hyunseob Kim, Foundations and Trends in Finance, 2010, vol.
Payoff Complementarities and
Financial Fragility: Evidence from Mutual Fund Outflows, with Qi
Chen and Itay Goldstein, Journal of Financial Economics, 2010,
vol. 97, 239-262.
Activist 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.
Returns to Hedge Fund Activism,
with Alon Brav, Frank
Partnoy, and Randall Thomas, Financial
Analyst Journal, 2008, vol 64, 45-61.
Directors Ownership in the U.S.
Mutual Fund Industry, with Qi Chen and Itay Goldstein, Journal
of Finance, 2008, vol 63(5), 2629-2677.
Hedge 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.
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 article.
Price Informativeness and Investment Sensitivity to Stock
Prices, with Qi Chen and Itay Goldstein, Review of Financial
Studies, 2007, vol. 20 (3), 619-650.
Offering 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.
Analysts Weighting of
Private and Public Information, with Qi Chen, Review of Financial Studies, 2006, vol. 19(1), 319-355.
A Nonparametric Approach to Measuring
and Testing Curvature, with Jason Abrevaya,
Journal of Business and Economic Statistics, 2005, vol. 23(1),
1-19. Lead article.
Investor Learning about
Analyst Predictive Ability, with Qi Chen and Jennifer Francis, Journal
of Accounting and Economics, 2005, vol. 39(1), 3-24. Lead article.
Positive 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.
and the Limits of Arbitrage (with Alex Edmans and Itay Goldstein)
Effects of Hedge Fund Activism (with Alon Brav and Hyunseob Kim).
Effects of Hedge Fund Activism (with Lucian Bebchuk and Alon Brav)
Reputation Concerns of Independent
Directors: Evidence from
Individual Director Voting (with Hualin Wan
and Shan Zhao)
Out-of-the-Money CEOs: Private Control Premium and Option
Exercise by CEOs (with Vyacheslav Fos)