​WHAT'S NEW

• New!   "Government Guarantee, Information Acquisition and Credit Rating Informativeness: Theory and Evidence from China" (joint with Fang, Luo and Wang) Aug. 2020

• Revised Paper Posted: "Concavity, Stochastic Utility and Risk Aversion" Aug. 2020

• Revised Paper Posted: "Endogenous Liquidity Risk and Dealer Market Structure" Nov. 2020

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