Publications

• Credit Rating Prediction Through Supply Chains: A Machine Learning Approach (with Jing Wu and Sean X. Zhou) link
  Production and Operations Management, Vol. 31, No. 4, April 2022, pp. 1613–1629.
• Impact of Primary Care Market Mergers on Quality: Evidence from the English NHS (with Yuan Lyu) link
  Journal of Health Economics, Vol. 104, December 2025, 103050.

Working Papers

(Updated drafts and additional materials are available upon request)

• Tensor Factor Analysis of Global Supply Chains

• Tensor Factor Models, Missing Financial Data, and Stock Returns (with Martin Lettau)

• Determining the Number of Factors with Missing Observations (with Weiguang Liu)

• Detection of Weak Granulars in Large Panels (with Yinfeng Zeng)

• Impact of Horizontal Mergers on the Value of Suppliers and Customers

Selected Work in Progress

• Non-negative Tensor Factor Models
• Tensor Factor Analysis of U.S. County-County Commuting Flows (with River Chen)
• Tensor Factor Analysis of Institutional Stock Holdings