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Working Papers

1. Working paper on intellectual property rights and economic growth

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

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


2. Working paper on income inequality and economic growth

Patents vs R&D Subsidies on Income Inequality 

(November 2016) - with Guido Cozzi - MPRA Paper No. 73482


3. Working papers on inflation and economic growth

Inflation and Economic Growth in a Schumpeterian Model with Endogenous Entry of Heterogeneous Firms (new version)

(June 2017) - with Guido CozziYuichi Furuakwa and Chih-Hsing Liao - MPRA Paper No. 79555 - Revised and resubmitted to European Economic Review


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



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

(November 2016) - with Chih-Hsing LiaoXiangbo Liu and Mengbo Zhang - MPRA Paper No. 67172


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


4. Working paper on capital taxation and economic growth

Short-run and Long-run Effects of Capital Taxation on Innovation and Economic Growth (revised version to be available)

(March 2017) - with Ping-Ho Chen, Hsun Chu and Ching-Chong Lai - MPRA Paper No. 72211 - Revise and resubmit at Journal of Macroeconomics


5. Working paper on real business cycles

Home Production and Small Open Economy Business Cycles (new version) 

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



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