Working Papers​

Adaptation to Climate-induced Regulatory Risk Through Technological Progress, with Hernan Ortiz-Molina and Xin Zheng

New draft  available soon

Selected Presentations: Harvard University​, AEA 2025, UNC-Duke Corporate Finance Conference 2025, China International Conference in Finance (CICF) 2025, Finance Down Under Conference 2025, CAPANA Annual Conference 2025, Hawaii Accounting Research Conference 2025, FMA 2024, 20th Annual Haskell and White Conference

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​​​​​Entrepreneurial Dynamics under Climate Adaptation

​Selected Presentations: Harvard University, NBER Place-Based Policies and Entrepreneurship 2024, 4th Spring Finance Workshop​​​​​​​​​
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Credit Lines and Liquidity Demand and Supply, with John Chu

Selected Presentations: FMA European Conference 2022, 34th Australian Finance and Banking Conference​​​​​

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Publications

​​​​​​​​​From Incidents to Outcomes: Consumer Reactions and Firm Responses to Negative Environmental and Social Practices, with Xin Zheng and Yuxiang Zheng

Review of ​Accounting Studies​, Forthcoming

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Labor Exposure to Climate Risk, Productivity Loss, and Capital Deepening 

Journal of Financial and Quantitative Analysis, Forthcoming

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The Industry Expertise Channel in  Mortgage Lending, with Yongqiang Chu and Yuxiang Zheng

Journal of Financial and Quantitative Analysis, March 2026

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Agree to Disagree: Lender Equity Holdings, Within-syndicate Conflicts, and Covenant Design, with Yongqiang Chu and Luca Lin

Journal of Financial Intermediation, January 2024​

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​​​​​​​Other Works

Smart Beta, "Smarter" Flows, with Jie Cao, Jason Hsu, Linjia Song, and Xintong Zhan, Journal of Empirical Finance,  March 2025

Interest Rate Risk, Prepayment Risk and Banks’ Securitization of  Mortgages, Resting​​

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Environmental Economics & Climate Finance

​Harvard  Salata Institute for Climate and Sustainability

Harvard University Center for the Environment

Harvard Environmental & Energy Law Program

UBC Center for Climate and Business Solutions

Stanford Environmental Change and Human Outcomes​​​​​​​​