Chao He
Chao He
Associate Professor of Economics
China Economic Research Institute
E-mail: hechaoecon@foxmail.com
Education: Ph.D. in Economics, University of Wisconsin-Madison
Research Fields: Monetary; Theory; Labor; Trade
Peer-Reviewed Articles
Chao He, Randall Wright, and Yu Zhu, Review of Economic Dynamics, 2015
Price is hump-shaped in borrowing constraint and have complicated dynamics.
On Complicated Dynamics in Simple Models of Liquidity
Chao He and Randall Wright, Journal of Money, Credit and Banking, 2019
Complicated dynamics do not exist in a class of simple models of liquidity.
Education Policies, Pre-college Human Capital Investment and the Educated Unemployment
Tiantian Dai, Chao He, Xiangting Hu, and Xiangbo Liu, Journal of Economics, 2020
How capacity expansion and subsidy affect college grad unemployment.
Talent in the Public Sector: The Role of Migration and Housing Policies
Tiantian Dai, Chao He, and Shengyi Jiang, Economic Modelling, 2023
Talent allocation between private and public sectors, with housing policies.
The Paradox of Search Intensity
Chao He and Xiaodong Fan, Journal of Economic Theory, 2024
Explain countercyclical search intensity (SI). SI can lower firm entry.
Surveys:
何超, 韩晗, 经济学(季刊), 2024
Recent Working Papers
Hospital Runs and Dynamic Capacity Management
Wanyi Chen and Chao He
Excluding nonurgent patients is suboptimal. A planner dynamically hospitalizes nonurgent patients who do not deserve treatment during normal times.
Locaion, Location, Location: How Favorable Industry Shocks Can Be Bad for You
Chao He and Qi Tong
Document favorable industry shocks lower industry employment and wages in inland China. A theory of inland entrepreneurs moving to coastal cities to take advantage of the shock, causing lower local labor demand.