Customer Liquidity Provision: Implications for Corporate Bond Transaction Costs with Jaewon Choi and Yesol Huh. Management Science, 2024

Corporate Bond Mutual Funds and Asset Fire Sales with Jaewon Choi, Saeid Hoseinzade, and Hassan Tehranian. Journal of Financial Economics, 2020

• The paper is a merger outcome of two independent papers:  "Liquidity-Sensitive Trading and Corporate Bond Fund Fire Sales" with Jaewon Choi (also Chapter 2 of my Ph.D. dissertation) and "Corporate Bond Mutual Funds and Asset Fire Sales" by Saeid Hoseinzade and Hassan Tehranian. 

Does Product Market Competition Affect Corporate Governance? Evidence from Corporate Takeovers with Frederick Dongchuhl Oh. Journal of Empirical Finance, 2020

How Investors Pick Stocks: Global Evidence from 1,540 AI-Driven Field Interviews with Byoung-Hyoun Hwang and Don Noh
(current draft: November 2025)

Recurring Demand for Corporate Bonds with Clemens Sialm and Qifei Zhu
(current draft: November 2025)

Baskets Full of Cash: Primary Market Frictions and the Performance of Active Bond ETFs with Yuet Chau, John Kuong, and Don Noh
(current draft: November 2025)

• Conferences: Summer Finance Roundtable 2025

The Growing Index Effect in the Corporate Bond Market with Xing (Alex) Zhou and Qifei Zhu
(current draft: October 2025)

• [Growing_index_effect.GIF]

• Conferences: AFA 2026 (scheduled); Finance Down Under 2026 (scheduled); SBFC 2025 (scheduled); CAFM 2025  (scheduled); the 20th Central Bank Conference on the Microstructure of Financial Markets; NUS RMI Annual Risk Management Conference 2025; APAD 2025; KAIST-KU Finance Workshop 2025

• Media: Matt Levine's Money Stuff,  Bloomberg,  ETF Stream

Green Price Pressure with Xicheng Li, Don Noh, Sangmin S. Oh, and Jihong Song
(current draft: August 2025)

• This paper supersedes Don, Sangmin, and Jihong's working paper “Unpacking the Demand for Sustainable Equity Investing.”

• Conferences:  2025 SUFE-HKUST Workshop; AFA 2024; MFA 2024; SGF 2024; HEC-HKUST Sustainable Fin. Conf. 2023; SoFiE 2023

Extrapolative Investor Demand and Credit Market Bubbles with Jaewon Choi and Byounghyun Jeon
(current draft: November 2024)

• Conferences: MFA 2025; FMA 2025; CAFM 2024