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"Institutions
and Wealth Growth: natural resources no longer determine a nation's
wealth," New Fortune, June 2003.
"How
Is Wealth Created? -- On the roles of institutions and financial innovations,"
New Fortune, May 2003.
"Why
Do Industries Differ in Producing Billionaires? -- Lessons from the
U.S. and China," New Fortune, April 2003.
"Robert
Shiller's Pursuit of Behavioral Finance," Economic Observer,
February 24, 2003.
"Why
Do Firms Pay Dividends -- on the implications of Microsoft's new dividend
policy," New Fortune, March 2003.
"Where
Should Companies Go Public?" New Fortune, January 2003.
"How
can Privately-Sponsored Firms Fare Better on the Hong Kong Stock Exchange?"
China News Weekly, November 11, 2002.
"The
Dilemma Faced by Chinese Accountants: to manipulate or not to manipulate
earnings?" China News Weekly, October 2002.
"On Privatization
of State-Owned Shares: who benefits more?" with Xiong Peng,
New Fortune, October 2002.
"On
Competition in China's Banking Industry," The Banker,
October 2002.
"Executive
Stock Options: the right incentive mechanism for China," New
Fortune, September 2002.
"Stock Market Bubbles and Hard
Landing: understanding the recent corporate scandals in the U.S.,"
New Fortune, August 2002.
"What Went Wrong at WorldCom?"
with Zheng Yue, New Fortune, August 2002.
"Economic Consequences of Stock
Market Crashes: revisit the 1929 crash in the U.S.," with Xiong
Peng, New Fortune, August 2002.
"Why Risk Management at Investment
Funds?" New Fortune, May 2002.
“Why Should the Social Security
Fund of China Adopt an Index Investing Strategy? --- A Behavioral Perspective,”
New Fortune, March 2002.
“Structured
Finance and Corporate Strategies of Enron,” with Yue Zheng, Caijing
magazine, January 2002.
“Index Investing: A Proposal
for China’s Social Security Fund,” New Fortune, January 2002.
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