Research

Working Papers

• “Clarifying the Relationship Between Bank Concentration and Risks: Role of Bank Capital”, 2023. (Job Market Paper)
  • Brief Abstract: Concentration-risk relationship depends on whether bank capital constraint is binding.
  • Previously entitled “Bank Capital, Bank Concentration, and Risk Taking”.

• “Bank Concentration, Bank Capital, and Misallocation”, 2023.
  • Brief Abstract: Accumulating too much bank capital is NOT good in terms of allocative efficiency.

• “The Sexual Orientation Glass Ceiling in the United States (2008 - 2021)” (with Yuxiao Hu), 2023. Slides
  • Brief Abstract: Sexual orientation wage gap increases across the wage distribution.

Work In Progress

• To be updated.