Published Papers

• Time-Varying Informed and Uninformed Trading Activities, Journal of
  Financial Markets, 2005, 8(2), 153-181. (Co-authored with Guojun Wu)
• Financial Value of Reputation: Evidence from the eBay Auctions of Gmail Invitations, Journal of Industrial Economics, 2011, 59(3), 422-456.
• Time-Varying Liquidity Trading, Private Information and Insider Trading, European Financial Management, forthcoming (Co-authored with Xuewu Wang).
• Flight to Liquidity due to Heterogeneity in Investment Horizon, China Finance Review international, forthcoming (Co-authored with Xuewu Wang).
• An Emprical Analysis of Corporate Insider' Trading Performance, China Finance Review International, forthcoming. (Co-authored with Xuewu Wang)

Working Papers

• Unveiling the Identity of PIN from the Flash Crash: Illiquidity or Information
  Asymmetry?, Manuscript, 2010.
• Time Varying Liquidity Trading, Private Information and Insider Trading,
  Manuscript, 2010. (Co-authored with Xuewu Wang)
• Can Traders Beat the Market? Evidence from Insider Trades, Manuscript, 2009.
  (Co-authored with Mulri Rajan and Xuewu Wang)
• Momentum Is Not an Anomaly, Manuscript, 2009. (Co-authored with Robert
  F. Dittmar and Gautam Kaul)
• AIMing at PIN: Order Flow, Information and Liquidity, Manuscript, 2008. (Coauthored
  with Gautam Kaul and Noah Stoffman)
• Does CAPM Shine through Index Options?, Manuscript, 2007. (Co-authored
  with Andrew H. Chen)
• Cash Distributions and Returns, Manuscript, 2006. (Runner-up for Ph.D.
  Student Award, Financial Research Association Conference, 2005)