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Keywords: International trade, tariffs, labor-market adjustments, migration, firm loca-tion choices

Jonathan Chiu, Emre Ozdenoren, Kathy Yuan, Shengxing Zhang

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Keywords: Decentralized finance, smart contracts, dynamic price feedback; financial fragility; ad-verse selection

Martin Schmalz, Jin Xie

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Keywords: Ownership, corporate objective, corporate governance

Weiping Hu, Kai Li, Xiao Zhang*

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Keywords: Cash flows, Cash flow timing pattern, asset prices, equity financing costs

Kai Li, Yiming Xu

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Keywords: Leased capital, collateral constraint, capital reallocation, cyclical pattern

Liang Chen, Mingyuan Zhang

Working Paper | No. 20220905 |

Keywords: Nonparametric deconvolution, Kotlarski’s identity, rate of convergence

Briana Chang, Shengxing Zhang

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Keywords: Network, Over-the-Counter Market, Regulations

Haoyu Gao, Dapeng Hao, Dun Jia, Zhigang Qiu

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Keywords: Default events, credit spread, illiquidity premium, flight-to-liquidity

Gian Caspari, Manshu Khanna

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Keywords: Matching theory, market design, stability, college admissions market

Olivier Bochet, Manshu Khanna, Simon Siegenthaler

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Keywords: Negotiation scope, asymmetric information, bundling, alternating offers, value creation