How Can Asset Prices Value Exchange Rate Wedges?
with Edith X. Liu, 2021 Read more →
Changing Risk Exposures of Cross-listed Firms and Market Integration
Journal of International Money and Finance, January 2017, 70: pp. 378-405. Read more →
Evaluating International Consumption Risk Sharing Gains: An Asset Return View
with Edith Liu, Journal of Monetary Economics, April 2015, 71: pp. 84-98 Read more →
Global Stock Market Linkages Reduce Potential for Diversification
Economic Letter, Federal Reserve Bank of Dallas, Vol. 7, no. 2, February 2012. Read more →
What Can Explain the Apparent Lack of International Consumption Risk-sharing?
Journal of Political Economy, reprinted in S.C.W. Eijfinger and J.J.H. Lemmen, eds. International Financial Integration (Edward Elgar Publishing Ltd), 2002. Read more →
Why Do Stocks and Consumption Suggest Such Different Gains from International Risk- Sharing?
Journal of International Economics, October 2000, 52: 1-36. Read more →
Trying to Explain Home Bias in Equities and Consumption
Journal of Economic Literature, June 1999, 37: 571-608. Read more →
Are Countries with Official International Capital Restrictions 'Liquidity Constrained'?
European Economic Review, June 1997, 41: 1079-1109. Read more →
Why Don't Domestic Residents Invest Abroad?
London Financial Times, Mastering Finance Series, June 16, 1997. Read more →