Details about Kai Li

Access statistics for papers by Kai Li.

Last updated 2025-06-12. Update your information in the RePEc Author Service.

Short-id: pli1687

Working Papers

2025

1. Climate Innovation and Carbon Emissions: Evidence from Supply Chain Networks
   TSE Working Papers, Toulouse School of Economics (TSE)

2019

2. The collateralizability premium
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE
   See also Journal Article The Collateralizability Premium, The Review of Financial Studies, Society for Financial Studies (2020) View citations (6) (2020)

2018

3. News Shocks and the Production-Based Term Structure of Equity Returns
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (31)
   See also Journal Article News Shocks and the Production-Based Term Structure of Equity Returns, The Review of Financial Studies, Society for Financial Studies (2018) View citations (31) (2018)

2017

4. Asset Collateralizability and the Cross-Section of Expected Returns
   2017 Meeting Papers, Society for Economic Dynamics
5. Moral Hazard and Investment-Cash-Flow Sensitivity
   2017 Meeting Papers, Society for Economic Dynamics
   See also Journal Article Moral Hazard and Investment-Cash-Flow Sensitivity, Annals of Economics and Finance, Society for AEF (2024) (2024)

2015

6. Financial Intermediation and Capital Reallocation
   2015 Meeting Papers, Society for Economic Dynamics View citations (5)
   See also Journal Article Financial intermediation and capital reallocation, Journal of Financial Economics, Elsevier (2020) View citations (10) (2020)

2014

7. Production-Based Term Structure of Equity Returns
   2014 Meeting Papers, Society for Economic Dynamics View citations (4)

2010

8. Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital
   2010 Meeting Papers, Society for Economic Dynamics View citations (2)
   See also Journal Article Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital, The Review of Financial Studies, Society for Financial Studies (2013) View citations (15) (2013)

Journal Articles

2024

1. Financial constraints, cash flow timing patterns, and asset prices
   Journal of Financial Economics, 2024, 157, (C) View citations (1)
2. Intermediary-based equity term structure
   Journal of Financial Economics, 2024, 157, (C)
3. Learning about the consumption risk exposure of firms
   Journal of Financial Economics, 2024, 152, (C)
4. Lease-adjusted productivity measurement
   Journal of Banking & Finance, 2024, 164, (C) View citations (1)
5. Moral Hazard and Investment-Cash-Flow Sensitivity
   Annals of Economics and Finance, 2024, 25, (1), 143-174
   See also Working Paper Moral Hazard and Investment-Cash-Flow Sensitivity, 2017 Meeting Papers (2017) (2017)
6. The Technical Default Spread
   The Review of Financial Studies, 2024, 37, (11), 3386-3430

2023

7. Asset pricing with a financial sector
   Financial Management, 2023, 52, (1), 67-95 View citations (2)
8. Learning and the capital age premium
   Journal of Monetary Economics, 2023, 136, (C), 76-90 View citations (2)
9. Leased capital and the investment-q relation
   Journal of Corporate Finance, 2023, 80, (C) View citations (2)
10. Leasing and the allocation efficiency of finance
    Journal of Empirical Finance, 2023, 74, (C) View citations (2)
11. Leasing as a Mitigation of Financial Accelerator Effects*
    Review of Finance, 2023, 27, (6), 2015-2056 View citations (1)
12. The Pollution Premium
    Journal of Finance, 2023, 78, (3), 1343-1392 View citations (92)

2022

13. Regime shifts in a long-run risks model of stock and treasury bond markets
    China Finance Review International, 2022, 12, (4), 541-570 View citations (3)

2020

14. Financial intermediation and capital reallocation
    Journal of Financial Economics, 2020, 138, (3), 663-686 View citations (10)
    See also Working Paper Financial Intermediation and Capital Reallocation, 2015 Meeting Papers (2015) View citations (5) (2015)
15. The Collateralizability Premium
    The Review of Financial Studies, 2020, 33, (12), 5821-5855 View citations (6)
    See also Working Paper The collateralizability premium, SAFE Working Paper Series (2019) (2019)

2018

16. News Shocks and the Production-Based Term Structure of Equity Returns
    The Review of Financial Studies, 2018, 31, (7), 2423-2467 View citations (31)
    See also Working Paper News Shocks and the Production-Based Term Structure of Equity Returns, CEPR Discussion Papers (2018) View citations (31) (2018)

2013

17. Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital
    The Review of Financial Studies, 2013, 26, (2), 491-530 View citations (15)
    See also Working Paper Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital, 2010 Meeting Papers (2010) View citations (2) (2010)