Joint with Lubos Pastor, Robert F. Stambaugh
Survey article prepared for the Annual Review of Financial EconomicsJoint with Jack (Xiaoyong) Fu
Nov. 2024Joint with Lubos Pastor, Robert F. Stambaugh
Oct. 2024Joint with Lubos Pastor, Robert F. Stambaugh
Jan 2024Winner of the 2023 Jacobs Levy Center Research Paper Prize for outstanding paper. Featured by Bloomberg (Dec. 2023), the Chicago Booth Review (Oct. 2023), NBER Digest (Sep. 2023), Fortune (Aug. 2023), Vox EU (Aug. 2023), Knowledge at Wharton (Aug. 2023), and the Becker Friedman Institute (Jun. 2023).
Joint with Xuelin Li, Tong Liu
Journal of Financial Economics, 2023, 147: 475-497Joint with Lubos Pastor, Robert F. Stambaugh
Journal of Financial Economics, 2022, 146: 403-424Winner of the 2022 Moskowitz Prize. Winner of the Jacobs Levy Center Research Prize for for Best paper, 2021. Featured by the Financial Times (July 2023, September 2021, June 2021), Kleinman Center Podcast (Mar. 2023), UNPRI (Aug. 2022), Becker Friedman Institute, Bloomberg (October 2021), Investment News (July 2021, September 2021), New York Times (November 2021), Pensions & Investments (November 2021), and Knowledge@Wharton.
Joint with Winston Wei Dou, Wei Wang, Wenyu Wang
Journal of Financial Economics, 2021, 142: 975-1000Editor's choice at the JFE, December 2021
Joint with Lubos Pastor, Robert F. Stambaugh, Min Zhu
Critical Finance Review, forthcomingFeatured in the Chicago Booth Review (December 2021)
Joint with Lubos Pastor, Robert F. Stambaugh
Journal of Financial Economics, 2021, 142: 550-571JFE's Fama-DFA Prize, first place, 2021. AQR Insight Award, distinguished paper, 2021. Featured in the Wharton Magazine (Spring/Summer 2021), Harvard Law School Forum on Corporate Governance (April 9, 2021), Chicago Booth Review (February 23, 2021), Knowledge@Wharton (November 9, 2020), Advisor Perspectives (February 19, 2020).
Joint with Lubos Pastor, Robert F. Stambaugh
Journal of Financial Economics, 2020, 138: 614-634
Winner of the QMA Award for Best Paper on Investment Management at the 2018 WFA. Winner of the Jacobs Levy Center Research Paper Prize for Best Paper, 2018. Co-winner of the Marshall Blume Prize in Financial Research, 2019. AQR Insight Award, Honorable Mention, 2019.
Summaries in the Chicago Booth Review:
Joint with Di Li, Wenyu Wang
Journal of Financial Economics, 2018, 130: 265-290Short summary featured in the Harvard Law School Forum on Corporate Governance and Financial Regulation (April 2016).
Joint with Lubos Pastor, Robert F. Stambaugh
Journal of Finance, 2017, 72:1483-1528A one-page summary, Capital Ideas, July 2015.
Joint with Ryan H. Peters
Journal of Financial Economics, 2017, 123: 251-272Joint with Lubos Pastor, Robert F. Stambaugh
Journal of Financial Economics, 2015, 116: 23-45Winner of the 2015 Fama/DFA Prize for best paper at the JFE (first place). Winner of the 2014 Best Paper Award, Rothschild Caesarea Center 11th Annual Academic Conference. Winner of the 2014 Marshall Blume Prize in Financial Research for the best Wharton working paper (honorable mention). Winner of the 2014 Jacobs Levy Center Research Paper Prize for Best Paper. A one-page summary, Capital Ideas, March 2014. Featured in the NBER Digest (June, 2014), Wall Street Journal (February 22, 2014), Morningstar’s Rekenthaler Report (a four-part series: Part 1, Part 2, Part 3, Part 4), CNN Money (March 2, 2014),Seeking Alpha (February 19, 2014), International Financing Review (February 26, 2014), Parkiet(February 25, 2014; in Polish).
Joint with Gustavo Suarez, Enrique Schroth
Journal of Financial Economics, 2014, 112: 164-189Joint with Lubos Pastor, Pietro Veronesi
The Review of Financial Studies, 2009, 22(8): 3005-3046