Bankloancapsdebt2026Bank loan caps, debt substitution, and synchronization risk in credit crisesYiyao He, Hui Hu, Yuwei Ni, Zhongchao YangEconomics LettersDOI
Publicdataeconomic2026Public data, economic growth, and social welfareYiyao He, Zhongchao YangApplied Economics LettersDOI
Delayedcrisesandslow2024Delayed crises and slow recoveriesXuewen Liu, Pengfei Wang, Zhongchao YangJournal Of Financial Economics，Vol. 1520DOI
Upstreamsubsidy2023Upstream subsidy or downstream subsidy? A quantitative analysis of credit subsidy in ChinaHengxu Song, Zhongchao Yang, Yue ZhouEconomic Modelling，Vol. 129DOI
IndustrialInterac-tion2020Industrial Interaction and Credit Constraint: An Implication of Industrial Credit Policy in ChinaZhongchao YangSocial Science Research NetworkDOI
Essaysoninforma-tionEssays on information friction with application in macroeconomics and financeZhongchao YangDOI
SentimentInvestor2025Sentiment, Investor Sophistication, and Asset BubbleZhongchao Yang, Xuewen Liu, Pengfei WangSSRN Electronic JournalDOI