Dong Lou

Journal of Financial Economics, 142 (3), 1253-1274

The Review of Financial Studies, 2021, in press

Journal of Financial Economics, 2021, in press

Journal of Financial Economics, 141 (2), 533-550

We use granular data covering regulated (brokerage-financed) and unregulated (shadow-financed) margin trading during the 2015 market turmoil in China...

An intriguing observation in the US mutual fund industry is that most equity funds do not short sell, even though virtually all regulatory...

Using comprehensive administrative data from the UK, we examine trading by different investor types in government bond markets. Our sample covers...

Journal of Financial Economics, 138 (1), 118-137