Refereed Publications
(All papers are for individual or academic use only.)

• "Do Banking System Transparency and Competition Affect Nonperforming Loans in the Chinese Banking Sector?" with Usman Bashir, Yugang Yu, Muntazir Hussain, and Ahmed Ali, 2017, Applied Economics Letters, 24 (21): 1519-1525.  
• "Benefits of Foreign Ownership: Evidence from Foreign Direct Investment in China,"  with Jian Wang, 2015,  Journal of International Economics 97 (2): 225-238.   (2016 Pushan Award)

• "Global Diversification and IPO Returns," with David C. Mauer, Song Wang and Yilei Zhang, 2015, Journal of Banking and Finance 58: 436-456.

• "Trade Credit, International Trade Costs and_ Exports: Cross-Country Firm-level Evidence," 2015, Applied Economics Letters  22 (12): 993-998.

Other Publications

• "Foreign Direct Investment: FinancialBenefits Could Surpass Gains in Technology," with Jian Wang and Janet Koech, Economic Letter, 10(9), October 2015, Federal Reserve Bank of Dallas.

Working Papers

• "Benefits of FDI Subsidies: The Role of Funding Reources,"  with Wontae Han and Jian Wang.  First draft: 2020.
• "A Machine Learning Approach to Forecasting Carry Trade Returns,"  with Xiao Xie, Yihua Chen and Borui Zhao.  First draft: 2020.
• "It's All in the Stars: The Chinese Zodiac and the Effects of Parental Investments on Offspring's Cognitive and Noncognitive Skill Development,"  with Chih Ming Tan and Xiaobo Zhang.  This draft: 2020.
• "The Gravity of Intermediate Inputs in Productivity Spillovers: Evidence from Foreign Direct Investment in China" , with Yiqing Xie.  This draft: 2018.   

• "Financial Constraints and Exports."  First draft: 2012; this draft: 2015.

• "Can Bilateral Trade Explain Business Cycle Correlations?" First draft: 2011.

Working in Progress

• "FDI and Firm Productivity: The Role of Financial Constraints" (With Wontae Han and Jian Wang)

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