Ye Li

U Washington

CV

Dynamic Banking and the Value of Deposits, with Patrick Bolton, Neng Wang, Jinqiang Yang, forthcoming at the Journal of Finance, link

Firm Quality Dynamics and the Slippery Slope of Credit Intervention, with Wenhao Li, forthcoming at the Review of Economic Studies, link

Fragile New Economy: Intangible Capital, Corporate Savings Glut, and Financial Instability, the American Economic Review Volume 115, No. 4 (2025), link

Network Risk and Key Players: A Structural Analysis of Interbank Liquidity, with Ed Denbee, Christian Julliard, Kathy Yuan, the Journal of Financial Economics (Lead Article) Volume 141, Issue 3 (2021), link

Tokenomics: Dynamic Adoption and Valuation, with William Cong, Neng Wang, the Review of Financial Studies (Editor's Choice) Volume 34 Issue 3 (2021), link

Token-based Platform Finance, with William Cong, Neng Wang, the Journal of Financial Economics, Volume 144 Issue 3 (2022), link

Public Liquidity and Intermediated Liquidity, revise and resubmit the Journal of Finance (2022), link

Information-Concealing Credit Architecture, with Gary Gorton, Guillermo Ordoñez (2025), link

Data as a Networked Asset, with Bo Bian, Qiushi Huang, Huan Tang (2024), link

Slicing an Asset to Learn about Its Future: A New Perspective on Return and Cash-Flow, with Chen Wang (2024), link

The Network Structure of Money Multiplier, with Yi Li, Huijun Sun (2023), link

Payment Risk and Bank Lending: Reassessing the Bundling of Payment Services and Credit, with Yi Li (2022), link

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking, with Simon Mayer (2022), link