| Nov 15, 2025 | If Bitcoin is the reference point for the entire crypto market, does salience in returns and trading volumes help explain why some coins underperform? Yes, in our latest working paper. |
| Oct 20, 2025 | In China’s bank-based system, “asset growth” mixes liquidity and credit constraints. We show that a new PPE-based investment factor fixes this: better pricing power, clearer link to collateral risk. |
| Oct 05, 2025 | Are existing $\ell_1$-based methods providing a fair benchmark to evaluate the trade-off between weak–dense and sparse–strong factor views in asset pricing? We provide new insights. |
| Aug 12, 2025 | Could firms’ liquidity choices, namely the balance between internal cash holdings and external finance, determine when sunspot traps arise? Our paper shows that they do. |
| Jul 18, 2025 | We are revising a Review of Economic Dynamics R&R, co-authored with my PhD student at WHU, on how consumption taxes influence the duration of the zero lower bound. |
| Jun 01, 2025 | New paper Can sustainability-linked lending reconcile environmental and financial motives? (with A. George, J. Huang, T. Xie) accepted at International Review of Financial Analysis. |
| Apr 10, 2025 | New paper Optimizing green subsidy policies for decarbonization in Southeast Asia’s real estate sector (with H. Liu et al.) accepted at Energy Economics. |
| Feb 15, 2025 | New paper The real cost channel and the Phillips Curve for China (with J. Yao and H. Wang) accepted at Economics Letters. |
| Dec 20, 2024 | Awarded NSFC General Program (2025–2027) as PI, on the effectiveness of monetary policy with the real cost channel in China. |
| Sep 05, 2024 | Received the Best Paper Award at the 21st Annual Conference of China Finance, and named Outstanding Young Talent under the Wuhan Talent Plan. |