“Understanding the Risk of China’s Local Government Debts and Its Linkage with Property Markets,” with Brent Ambrose, Yongheng Deng, and Jing Wu. (SSRN #2557031, 2nd Revise & Resubmit at Management Science)
“Subsidized Credit Supply and the Housing Market: Evidence from the Housing Provident Fund System in China,” with Yu Qin, Qiuyi Wang, and Jing Wu. (SSRN #4702189, Revise & Resubmit at Management Science)
“Not in the Spread: Developer Defaults, Municipal Borrowing, and Bank Absorption in China,” with Yixun Tang and Yu Zhang. (SSRN #5466374)
“Fiscal Rules, Off-Budget Substitution, and the Rise of Land Finance in China,” with Jie Mao, Jing Wu, and Liuhong Yang. (SSRN #5780562)
“The Labor Market Effect of Mandated Benefits: Evidence from China’s Housing Provident Fund,” with Hanming Fang, Qiuyi Wang, and Jing Wu.
“Political Connections, Tax Refund Acquisition, and Resource Misallocation,” with Jiakai Zhang, Ziyao Zhang, and Renjie Zhao.
“Spillovers of Large-Scale Affordable Housing Supply in Urban China,” with Zeni Li and Xirui Zhang.