Hmm, not sure why it would not be working.. could be that no submitted posts are published (i.e., they are all in Draft mode), or maybe that there are not yet any submitted posts..? That would be the first thing to check.
I tried it in a live site.
I already published posts from backend ( http://edudrona.com/user/admin/?profiletab=posts )
or does this shortcode show posts that are published only from USP?
Correct, it is a USP shortcode that displays submitted posts (that are Published).
I was using Frontend Publishing Pro and I am trying to migrate to USP.
I already have many posts from different authors in my website. Is there any way to manage all those posts through this shortcode?
This shortcode is not listing posts submitted outside USP, so I believe I am missing something in settings.
Please understand, the USP shortcode displays only those posts that are submitted by USP (and that have been published). That is, the shortcode does not display any other posts.
That said, it is possible to convert your other posts into USP posts by adding the following Custom Field:
Custom Field Name: is_submission
Custom Field Value: 1
That is what tells USP that a post is submitted, so it will be recognized by the shortcode.