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Working Papers

1. Working papers on intellectual property rights and economic growth

Do Stronger Patents Stimulate or Stifle Innovation? The Crucial Role of Financial Development (new version)

(October 2017- with Guido Cozzi, Shiyuan Pan and Mengbo Zhang - MPRA Paper No. 78988

Imports and Intellectual Property Rights on Innovation in China 

(October 2017- with Guobing Shen and Xun Zhang - MPRA Paper No. 81706

Effects of Patents versus R&D Subsidies on Income Inequality (new version)

(September 2017) - with Guido Cozzi - MPRA Paper No. 81540 - Revised and resubmitted to Review of Economic Dynamics

2. Working papers on inflation and economic growth

Inflation and Innovation in a Schumpterian Economy with North-South Technology Transfer (new version)

(December 2017) - with Guido CozziYuichi Furuakwa and Chih-Hsing Liao - MPRA Paper No. 83076 - Revised and resubmitted to Journal of Money, Credit and Banking

Indeterminacy in a Matching Model of Money with Productive Government Expenditure (new version)

(September 2017) - with Chih-Hsing LiaoXiangbo Liu and Mengbo Zhang - MPRA Paper No. 71580

Inflation, Unemployment and Economic Growth in a Schumpeterian Economy (new version)

(January 2015) - with Guido Cozzi and Yuichi Furuakwa - MPRA Paper No. 61175

A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights (new version)

(May 2012) - with Ching-Chong Lai and Chih-Hsing Liao - MPRA Paper No. 40372 - Revised and resubmitted to Journal of Money, Credit and Banking

3. Working paper on labor unions and economic growth

Labor Union and the Wealth-Income Ratio  

(November 2017) - with Zonglai Kou and Xueyue Liu  

4. Working paper on real business cycles

Home Production and Small Open Economy Business Cycles (revised version to be available) 

(May 2017) - with Kuan-Jen Chen and Ching-Chong Lai MPRA Paper No. 65093  

Forthcoming Paper

Macroeconomic Dynamics, forthcoming (with Lei Ning and Dongming Zhu)