Working Papers

SSRN: http://ssrn.com/author=92591

“The Implied Cost of Capital: A New Approach”
(with Kewei Hou and Yinglei Zhang) – February 2010.
     WFA 2010.
     Winner of 2009 Inquire UK Research Grant and 2009 Research Grants Council (RGC) of Hong Kong CERG Award.

“Profitability Shocks and the Size Effect in the Cross-Section of Expected Stock Returns”
(with Kewei Hou) – January 2010.
     Winner of 2007 Inquire Europe Research Grant.

“Commonality in Returns, Liquidity, and Turnover Around the World”
(with G. Andrew Karolyi and Kuan-Hui Lee) – June 2009.
     WFA 2008, EFA 2008.
“International Capital Flows and Liquidity”  
(with Dimitrios Vagias) – July 2010.

“The Impact of European Antitrust Policy: Evidence from the Stock Market”
(with Andrea M. Günster) – April 2010.

“Corruption, Growth, and Governance: Private vs. State-owned Firms in Vietnam”
(with Thuy Thu Nguyen) – May 2010.

“The Size Effect Paradox” – July 2007.
     Supersedes “Is Size Dead? A Review of the Size Effect in Equity Returns” – February 2007.

“Purchasing Power Parity and Heterogeneous Mean Reversion”
(with Ben Tims and Kees G. Koedijk) – April 2007.

“Strategic Competition, Capital Structure, and Market Share”
(with Abe de Jong and Thuy Thu Nguyen) – March 2008.
     EFA 2008.

“Strategic Debt: Evidence from Bertrand and Cournot Competition”
(with Abe de Jong and Thuy Thu Nguyen) – June 2007.