Publication
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 (forthcoming)
--- 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 (forthcoming)
Working Papers
Bond Finance, Bank Finance, and Bank Regulation, Apr 2020
The Economics of Consumer Credit on an E-Commerce Platform, Aug 2022
keywords: return to scope, boundary of a platform, BNPL, FinTech
Endogenous Global Risk (w/ Hao Hu), Jan 2022
keywords: global financial cycle, exorbitant privilege, valuation effect, global saving glut, financial contagion
A Probabilistic Solution to High-Dimensional Continuous-Time Macro and Finance Models, Feb 2023, slides, implementing code available upon request
keywords: Forward-Backward SDE, deep learning, heterogeneous-agent, flow of conditional distribution
Less E-Commerce Platform Competition Benefits Financial Inclusion (w/ Zehao Zheng), Jun 2022
The Economics of Consumer Credit on an E-Commerce Platform, Aug 2022
keywords: return to scope, boundary of a platform, BNPL, FinTech
Endogenous Global Risk (w/ Hao Hu), Jan 2022
keywords: global financial cycle, exorbitant privilege, valuation effect, global saving glut, financial contagion
A Probabilistic Solution to High-Dimensional Continuous-Time Macro and Finance Models, Feb 2023, slides, implementing code available upon request
keywords: Forward-Backward SDE, deep learning, heterogeneous-agent, flow of conditional distribution
Less E-Commerce Platform Competition Benefits Financial Inclusion (w/ Zehao Zheng), Jun 2022
