Kacperczyk, Marcin, Clemens Sialm, and Lu Zheng. On the Industry Concentration of Actively Managed Equity Mutual Funds. Journal of Finance, 2005, 60 (4): 1983-2011.

Gupta, Anurag, and Bing Liang. Do Hedge Funds Have Enough Capital? A Value at Risk Approach. Journal of Financial Economics, 2005, 77 (1): 219-253.

Ju, Nengjiu, Robert Parrino, Allen M. Poteshman, and Michael S. Weisbach. Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure. Journal of Financial and Quantitative Analysis, 2005, 40 (2): 259-281.

Ang, Andrew, Geert Bekaert, and Jun Liu. Why Stocks May Disappoint. Journal of Financial Economics, 2005, 76 (3): 471-508.

Hovakimian, Armen, Tim Opler, and Sheridan Titman. The Capital Structure Choice: New Evidence for a Dynamic Tradeoff Model. Journal of Applied Corporate Finance, 2005, 15 (2): 24-30.

Cheng, Joseph, and Son-Nan Chen . An Alternative Test of The After-tax CAPM. Advances in Financial Planning and Forecasting, 2005.

Bakshi, Gurdip, and Nengjiu Ju. A Refinement to AitSahalia's "Maximum Likelihood Estimation of Discretely Sampled Diffusions: A Closed-form Approximation Approach". Journal of Business, 2005, 78 (5): 2037-2052.

Liu, Jun, Jun Pan, and Tan Wang. An Equilibrium Model of Rare-Event Premia and Its Implication for Option Smirks. The Review of Financial Studies, 2005, 18 (1): 131-164.

Cao, H. Henry, Tan Wang, and Harold H. Zhang. Model Uncertainty, Limited Market Participation and Asset Prices. The Review of Financial Studies, 2005, 18 (4): 1219-1251.

Hong, Harrison, and Ming Huang. Talking up Liquidity: Insider Trading and Investor Relations. Journal of Financial Intermediation, 2005, 14 (1): 1-31.