Working Papers:

Monitoring with Small Stakes: Evidence from Leveraged Loans (with Shohini Kundu and Douglas Xu) Oct 2, 2022 

Investing in Lending Technology: IT Spending in Banking (with Zhiguo He, Douglas Xu and Xiao Yin) updated Aug 20, 2022
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The Persistent Effects of Financial Crises on the Composition of Real Investment (with Ye Li and Douglas Xu)

Rise of Domestic Banks in EME Cross-border Capital Transmission (with Douglas Xu) 

Covenant Amendment Fee and Value of Creditor Intervention after Covenant Violations (with Douglas Xu) 

Domestic Bank Channeled Foreign Credit — a Blessing or a Curse: Evidence from China (with Douglas Xu)
 


Publications:

The Turning Tide: How Vulnerable are Asian Corporates? (with Tahsin Saadi Sedik),  IMF Working paper (19/93)  
On Modeling Economic Default Time: A Reduced-Form Model Approach, (with with Jia-Wen Gu, Wai-Ki Ching and Harry Zheng), Computational Economics, February 2016, Volume 47, Issue 2.