"Differential Information and Dynamic Behavior of Stock Trading Volume."

He, Hua and Jiang Wang. Review of Financial Studies Vol. 8, No. 4 (1995): 919-972.

"A Model of Competitive Stock Trading Volume."

Wang, Jiang. Journal of Political Economy Vol. 102, No. 1 (1994): 127-167.

"Trading Volume and Serial Correlation in Stock Returns."

Campbell, John Y., Sanford J. Grossman and Jiang Wang. Quarterly Journal of Economics Vol. 108, No. 4 (1993): 905-940.

"A Model of Intertemporal Asset Prices Under Asymmetric Information."

Wang, Jiang. Review of Economic Studies Vol. 60, No. 2 (1993): 249-282.