EconPapers    
Economics at your fingertips  
 

Details about Zhiguo He

Homepage:https://voices.uchicago.edu/zhiguohe/
Postal address:The University of Chicago Booth School of Business 5807 South Woodlawn Avenue Chicago, IL 60637
Workplace:Booth School of Business, University of Chicago, (more information at EDIRC)

Access statistics for papers by Zhiguo He.

Last updated 2023-03-18. Update your information in the RePEc Author Service.

Short-id: phe657


Jump to Journal Articles Edited books Chapters Editor

Working Papers

2023

  1. The Stock Connect to China
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2022

  1. Agency MBS as Safe Assets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
  2. China's Financial System and Economy: A Review
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
  3. Intermediation via Credit Chains
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  4. Investing in Bank Lending Technology: IT Spending in Banking
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  5. Open Banking: Credit Market Competition When Borrowers Own the Data
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University Downloads View citations (1)
    Also in Working Papers, Becker Friedman Institute for Research In Economics (2020) Downloads View citations (10)
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2020) Downloads View citations (11)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (11)

    See also Journal Article in Journal of Financial Economics (2023)
  6. Share Pledging in China: Funding Listed Firms or Funding Entrepreneurship?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
  7. What Gets Measured Gets Managed: Investment and the Cost of Capital
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  8. Zoning for Profits: How Public Finance Shapes Land Supply in China
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)

2021

  1. An Economic Model of Consensus on Distributed Ledgers
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
  2. Sovereign Debt Ratchets and Welfare Destruction
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)

2020

  1. Treasury Inconvenience Yields during the COVID-19 Crisis
    Working Papers, Becker Friedman Institute for Research In Economics Downloads View citations (34)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (37)

    See also Journal Article in Journal of Financial Economics (2022)
  2. Valuation of Long-Term Property Rights under Political Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    Also in Working Papers, Becker Friedman Institute for Research In Economics (2020) Downloads

2019

  1. Chinese Bond Market and Interbank Market
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
  2. Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    See also Journal Article in Review of Financial Studies (2022)
  3. Decentralized Mining in Centralized Pools
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
    See also Journal Article in Review of Financial Studies (2021)
  4. Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)

2018

  1. Blockchain Disruption and Smart Contracts
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (41)
    See also Journal Article in Review of Financial Studies (2019)
  2. Intermediary Asset Pricing and the Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (39)
    See also Journal Article in Annual Review of Financial Economics (2018)
  3. Leverage-Induced Fire Sales and Stock Market Crashes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (22)
  4. The Financing of Local Government in the People’s Republic of China: Stimulus Loan Wanes and Shadow Banking Waxes
    ADBI Working Papers, Asian Development Bank Institute Downloads View citations (7)

2017

  1. The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (39)
    See also Journal Article in Journal of Financial Economics (2020)

2016

  1. A Model of Safe Asset Determination
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (16)
    See also Journal Article in American Economic Review (2019)
  2. Dynamic Debt Maturity
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (30)
    See also Journal Article in Review of Financial Studies (2016)
  3. Inefficient investment waves
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library Downloads View citations (28)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (7)

    See also Journal Article in Econometrica (2016)
  4. Intermediary Asset Pricing: New Evidence from Many Asset Classes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (20)
    See also Journal Article in Journal of Financial Economics (2017)
  5. Leverage Dynamics without Commitment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    See also Journal Article in Journal of Finance (2021)
  6. Optimal Long-Term Contracting with Learning
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta Downloads View citations (4)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) Downloads View citations (7)

    See also Journal Article in Review of Financial Studies (2017)
  7. What Makes US Government Bonds Safe Assets?
    Research Papers, Stanford University, Graduate School of Business Downloads View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) Downloads View citations (20)

    See also Journal Article in American Economic Review (2016)

2015

  1. A Macroeconomic Framework for Quantifying Systemic Risk
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute Downloads View citations (4)
    Also in Research Papers, Stanford University, Graduate School of Business (2015) Downloads View citations (6)
    Working Paper Research, National Bank of Belgium (2012) Downloads View citations (45)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (62)
    2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (7)

    See also Journal Article in American Economic Journal: Macroeconomics (2019)
  2. A Model of the Reserve Asset
    Research Papers, Stanford University, Graduate School of Business Downloads View citations (11)

2014

  1. Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    See also Journal Article in Review of Financial Studies (2018)

2013

  1. Uncertainty, risk, and incentives: theory and evidence
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (2)
    See also Journal Article in Management Science (2014)

2012

  1. A Theory of Debt Maturity: The Long and Short of Debt Overhang
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (12)
    See also Journal Article in Journal of Finance (2014)
  2. Debt Financing in Asset Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
    See also Journal Article in American Economic Review (2012)
  3. Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    See also Journal Article in Management Science (2016)
  4. Endogenous Liquidity and Defaultable Bonds
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) Downloads View citations (7)

    See also Journal Article in Econometrica (2014)
  5. Information Acquisition in Rumor Based Bank Runs
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) Downloads View citations (7)

    See also Journal Article in Journal of Finance (2016)

2011

  1. Dynamic Debt Runs
    2011 Meeting Papers, Society for Economic Dynamics View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (23)

    See also Journal Article in Review of Financial Studies (2012)

2010

  1. Balance Sheet Adjustments in the 2008 Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (88)
  2. Financing Speculative Booms
    Levine's Working Paper Archive, David K. Levine Downloads View citations (2)
  3. Intermediary Asset Pricing
    2010 Meeting Papers, Society for Economic Dynamics Downloads View citations (24)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (21)

    See also Journal Article in American Economic Review (2013)
  4. Rollover Risk and Credit Risk
    2010 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (4)

    See also Journal Article in Journal of Finance (2012)

2009

  1. A Model of Capital and Crises
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (35)

2008

  1. Delegated Asset Management, Investment Mandates, and Capital Immobility
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
    See also Journal Article in Journal of Financial Economics (2013)
  2. Dynamic agency and the q theory of investment
    2008 Meeting Papers, Society for Economic Dynamics Downloads View citations (31)
    See also Journal Article in Journal of Finance (2012)

Journal Articles

2023

  1. Open banking: Credit market competition when borrowers own the data
    Journal of Financial Economics, 2023, 147, (2), 449-474 Downloads View citations (4)
    See also Working Paper (2022)

2022

  1. Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress
    Review of Financial Studies, 2022, 35, (10), 4630-4673 Downloads View citations (4)
    See also Working Paper (2019)
  2. Introduction: Special Issue on China I
    Review of Finance, 2022, 26, (3), 445-447 Downloads
  3. Treasury inconvenience yields during the COVID-19 crisis
    Journal of Financial Economics, 2022, 143, (1), 57-79 Downloads View citations (22)
    See also Working Paper (2020)

2021

  1. Decentralized Mining in Centralized Pools
    (Concentrating on the fall of the labor share)
    Review of Financial Studies, 2021, 34, (3), 1191-1235 Downloads View citations (26)
    See also Working Paper (2019)
  2. Leverage Dynamics without Commitment
    Journal of Finance, 2021, 76, (3), 1195-1250 Downloads View citations (20)
    See also Working Paper (2016)

2020

  1. The financing of local government in China: Stimulus loan wanes and shadow banking waxes
    Journal of Financial Economics, 2020, 137, (1), 42-71 Downloads View citations (89)
    See also Working Paper (2017)

2019

  1. A Macroeconomic Framework for Quantifying Systemic Risk
    American Economic Journal: Macroeconomics, 2019, 11, (4), 1-37 Downloads View citations (56)
    See also Working Paper (2015)
  2. A Model of Safe Asset Determination
    American Economic Review, 2019, 109, (4), 1230-62 Downloads View citations (46)
    See also Working Paper (2016)
  3. Blockchain Disruption and Smart Contracts
    Review of Financial Studies, 2019, 32, (5), 1754-1797 Downloads View citations (152)
    See also Working Paper (2018)

2018

  1. Intermediary Asset Pricing and the Financial Crisis
    Annual Review of Financial Economics, 2018, 10, (1), 173-197 Downloads View citations (39)
    See also Working Paper (2018)
  2. Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle
    Review of Financial Studies, 2018, 31, (3), 852-897 Downloads View citations (35)
    See also Working Paper (2014)

2017

  1. Intermediary asset pricing: New evidence from many asset classes
    Journal of Financial Economics, 2017, 126, (1), 1-35 Downloads View citations (210)
    See also Working Paper (2016)
  2. Optimal Long-Term Contracting with Learning
    Review of Financial Studies, 2017, 30, (6), 2006-2065 Downloads View citations (20)
    See also Working Paper (2016)

2016

  1. Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?
    Management Science, 2016, 62, (2), 303-325 Downloads View citations (5)
    See also Working Paper (2012)
  2. Dynamic Debt Maturity
    Review of Financial Studies, 2016, 29, (10), 2677-2736 Downloads View citations (30)
    See also Working Paper (2016)
  3. Inefficient Investment Waves
    Econometrica, 2016, 84, 735-780 Downloads View citations (24)
    See also Working Paper (2016)
  4. Information Acquisition in Rumor‐Based Bank Runs
    Journal of Finance, 2016, 71, (3), 1113-1158 Downloads View citations (22)
    See also Working Paper (2012)
  5. What Makes US Government Bonds Safe Assets?
    American Economic Review, 2016, 106, (5), 519-23 Downloads View citations (20)
    See also Working Paper (2016)

2014

  1. A Theory of Debt Maturity: The Long and Short of Debt Overhang
    Journal of Finance, 2014, 69, (2), 719-762 Downloads View citations (120)
    See also Working Paper (2012)
  2. Endogenous Liquidity and Defaultable Bonds
    Econometrica, 2014, 82, (4), 1443-1508 Downloads View citations (96)
    See also Working Paper (2012)
  3. Uncertainty, Risk, and Incentives: Theory and Evidence
    Management Science, 2014, 60, (1), 206-226 Downloads View citations (12)
    See also Working Paper (2013)

2013

  1. Delegated asset management, investment mandates, and capital immobility
    Journal of Financial Economics, 2013, 107, (2), 239-258 Downloads View citations (15)
    See also Working Paper (2008)
  2. Intermediary Asset Pricing
    American Economic Review, 2013, 103, (2), 732-70 Downloads View citations (483)
    See also Working Paper (2010)

2012

  1. Debt Financing in Asset Markets
    American Economic Review, 2012, 102, (3), 88-94 Downloads View citations (7)
    See also Working Paper (2012)
  2. Dynamic Agency and the q Theory of Investment
    Journal of Finance, 2012, 67, (6), 2295-2340 Downloads View citations (128)
    See also Working Paper (2008)
  3. Dynamic Compensation Contracts with Private Savings
    Review of Financial Studies, 2012, 25, (5), 1494-1549 Downloads View citations (34)
  4. Dynamic Debt Runs
    Review of Financial Studies, 2012, 25, (6), 1799-1843 Downloads View citations (126)
    See also Working Paper (2011)
  5. Rollover Risk and Credit Risk
    Journal of Finance, 2012, 67, (2), 391-430 Downloads View citations (200)
    See also Working Paper (2010)

2011

  1. A model of dynamic compensation and capital structure
    Journal of Financial Economics, 2011, 100, (2), 351-366 Downloads View citations (43)

2010

  1. Balance Sheet Adjustments during the 2008 Crisis
    IMF Economic Review, 2010, 58, (1), 118-156 Downloads View citations (98)

2009

  1. Optimal Executive Compensation when Firm Size Follows Geometric Brownian Motion
    Review of Financial Studies, 2009, 22, (2), 859-892 Downloads View citations (53)
  2. The Sale of Multiple Assets with Private Information
    Review of Financial Studies, 2009, 22, (11), 4787-4820 Downloads View citations (9)

Edited books

2021

  1. Impact of COVID-19 on Asian Economies and Policy Responses
    World Scientific Books, World Scientific Publishing Co. Pte. Ltd. Downloads

Chapters

2021

  1. Dealing With a Liquidity Crisis: Economic and Financial Policies in China During the Coronavirus Outbreak
    Chapter 9 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 55-63 Downloads
  2. Economic Effects of Lockdown in China
    Chapter 1 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 3-10 Downloads View citations (3)

Editor

  1. The Review of Asset Pricing Studies
    Oxford University Press
 
Page updated 2023-10-01