Computational Linguistics, AI and Finance
- with T. Caskurlu and G. Hoberg, "New Technology Sectoral Disruptions," 2024 working paper.
- With Y. Lu and J. Yang, “The Impact of Cloud Computing and AI on Industry Dynamics and Concentration,” 2024 working paper.
- With G. Hoberg , "Scope, Scale and Concentration: The 21st Century Firm," forthcoming Journal of Finance, 2024.
- With G. Hoberg, C. Knoblock, J. Pujara, Z. Qui and L. Rashid, "Using Representation Learning and Web Text to Identify Competitor Networks," 2024, revise and resubmit, Management Science
- With U. Acikalin, T. Caskurlu, and G. Hoberg, “Intellectual Property Protection Lost and Competition: An Examination Using Large Language Models,” 2024, revise and resubmit, Journal of Financial Economics [slides]
- With C. Hsu, X. Li, and Z. Ma, "Does Industry Competition Influence Analyst Coverage Decisions and Career Outcomes," Journal of Financial and Quantitative Analysis, March 2023.
- G. Phillips, Using Computational Linguistics to Identify Competitors and Competitive Interactions, NBER Reporter, No. 4, December 2022;
- With S. K. Moon, "Outsourcing through Purchase Contracts and Firm Capital Structure," Management Science, 2021, https://doi.org/10.1287/mnsc.2019.3443
- With L. Fresard and G. Hoberg, "Innovation Activities and Integration through Vertical Acquisitions,” [online appendix], Review of Financial Studies, 2020; Oliver Williamson best paper award
- With M. Li and Y. Lu, “CEOs and the Product Market: When are Powerful CEOs Beneficial?” Lead article in Journal of Financial and Quantitative Analysis, Vol. 54, December 2019, pp. 2295-2326
- With G. Hoberg, "Text-Based Industry Momentum," Journal of Financial and Quantitative Analysis, December 2018, pp. 2355-2388 [online appendix]; Sharpe best paper award
- With G. Hoberg,“Conglomerate Industry Choice and Product Language,” Management Science, 2018
- With G. Hoberg, "Product Integration and Merger Success," working paper, 2016
- With G. Hoberg, "Product Market Uniqueness and Stock Market Valuations," working paper, 2015
- With G. Hoberg, "Text-Based Network Industries and Endogenous Product Differentiation," Journal of Political Economy, October 2016, NBER working paper 2010
- With G. Hoberg and N.R. Prabhala, "Product Market Threats, Payouts, and Financial Flexibility," Forthcoming: Journal of Finance, 2013
- With G. Hoberg, "Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis," Review of Financial Studies, 2010, 23 3773-3811