Publications

Published research and working-paper versions.

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

with Zongbo Huang and Xiang Shao

Review of Finance, Vol 27, Issue 4, July 2023, p. 1521-1544