Assistant Professor of Finance
Yale School of Management

Faculty Research Fellow (CF, PIE)
National Bureau of Economic Research

Phone: +1 (203) 436-4687

Curriculum Vitae
Google Scholar

Research Interests

Primary: Innovation, Entrepreneurial Finance, Corporate Finance, Big Data
Secondary: Behavioral Finance, Education, Law and Economics, Antitrust


[1] “Young Firms, Old Capital,” with Justin Murfin and Ryan Pratt, 2021, Forthcoming, Journal of Financial Economics [Online Appendix]

[2] “Bankrupt Innovative Firms,” with Joy Tianjiao Tong and Wei Wang, 2021, Forthcoming, Management Science [Online Appendix]

[3] “Killer Acquisitions,” with Colleen Cunningham and Florian Ederer, 2021, Journal of Political Economy, 129 (3), 649-702, Lead Article [Online Appendix] [Video Animation]

[4] “The Life Cycle of Corporate Venture Capital,” 2020, Review of Financial Studies, 33 (1), 358-394 [Online Appendix]

[5] “How Does Hedge Fund Activism Reshape Corporate Innovation,” with Alon Brav, Wei Jiang, and Xuan Tian, 2018, Journal of Financial Economics, 130 (2), 237-264 [Online Appendix]

[6] “Firm Age, Investment Opportunities, and Job Creation,” with Manuel Adelino and David Robinson, 2017, Journal of Finance, 72 (3), 999-1038 [Online Appendix] [Data Appendix]

Under Revision

[7] “Technological Obsolescence,” 2021, Revise and Resubmit, Review of Financial Studies

[8] “Private Equity and Financial Stability: Evidence from Failed-Bank Resolution in the Crisis,” with Emily Johnston-Ross and Manju Puri, 2021, Revise and Resubmit, Journal of Finance [NBER Digest]

Working Papers

[9] “The Education-Innovation Gap,” with Barbara Biasi, 2022 [Online Appendix]

[10] “Innovation Networks and Innovation Policy,” with Ernest Liu, 2022 [Online Appendix]

[11] “Persuading Investors: A Video-Based Study,” with Allen Hu, 2022 [Online Appendix]

[12] “Payout Taxation and Corporate Investment: The Agency Channel,” 2020 (Resting Paper)


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