Banking and Shadow Banking (working paper version),
   --- online appendix
   Journal of Economic Theory, Vol 178, Nov 2018, p. 124- 152​

The Risk of Implicit Guarantees: Evidence from Shadow Banks in China ​(w/ Zongbo Huang and Xiang Shao)
   ​Review of Finance, Vol 27, Issue 4, July 2023, p. 1521-1544