Research



Publications:

  • A Market-Based Study of the Cost of Default, with Sergei Davydenko and Ilya Strebulaev, Review of Financial Studies, Vol. 25, No. 10, October 2012.
  • Do Jumps Contribute to the Dynamics of the Equity Premium?, with John Maheu and Tom McCurdy, Journal of Financial Economics, Vol. 110, No. 2, November 2013.
    • Presented at: AFA 2013; NFA 2012; SoFiE 2012; MFA 2012; CFEA 2011.
  • Does Information Intensity Matter for Stock Returns? Evidence from Form 8-K Filings, Management Science, Vol. 63, No. 5, May 2017.
    • Winner of 2012 Crowell Memorial Prize (third prize), Paper Competition, PanAgora Asset Management
    • Presented at: EFA 2014; FARS 2015; EFA 2012 DT; NFA 2012; PanAgora Asset Management; Eastern FA 2012 (Winner of Best PhD Student Paper Award); MFA 2012. Previously titled as “Does Information Intensity Matter for Stock Returns? Evidence from SEC Current Report Filings” and “Information Intensity and the Cross-Section of Stock Returns”.
  • Labor-Force Heterogeneity and Asset Prices: The Importance of Skilled Labor, with Frederico Belo, Jun Li, and Xiaoji Lin, Review of Financial Studies, Vol. 30, No. 10, October 2017.
    • Presented at: WFA 2015; SFS 2015; SED 2014.
    • Industry level labor skill data here.
  • The Elephant in the Room: The Impact of Labor Obligations on Credit Markets, with Jack Favilukis and Xiaoji Lin, American Economic Review, Vol. 110, No. 6, June 2020.
    • Presented at: 2018 NBER Summer Institute on Capital Markets and the Economy; Drexel-PFED Conference on Credit Markets and the Macroeconomy; SED 2017; 2017 Mitsui Finance Symposium on Labor and Corporate Finance; WFA 2016; SFS 2016; 2016 Adam Smith Asset Pricing Workshop; 2016 Econometric Society Winter Meetings.
  • Why Are Bidder Termination Provisions Included In Takeovers?, with Zhiyao Chen, Hamed Mahmudi, and Aazam Virani, forthcoming at Journal of Financial and Quantitative Analysis, 2020.
    • Winner of CELS 2016 Theodore Eisenberg Poster Prize
    • Presented at: 2016 Journal of Law, Accounting, and Finance (JLFA) Conference at Northwestern; Conference on Empirical Legal Studies 2016 at Duke; Northern Finance Association 2013; Midwest Finance Association 2013; Toronto (Rotman); Oklahoma (Price).

Working Papers: