Working Papers
Aggregate Demand Externality and Self-Fulfilling Default Cycles
with Feng Dong, Pengfei Wang, and Zhenyang Xu
March 2024
Capital Return Jumps and Wealth Distribution
with Wei Cui and Jianjun Miao
April 2024
Self-Fulfilling Risk Panics: An Expected Utility Framework
with Xuewen Liu and Pengfei Wang
December 2020, NBER wp 28284
Reestablishing the Income-Democracy Nexus
with A. Corvalan and M. SpiegelÂ
NBER Working Paper 16832, 2011.
with S. Zhu
NBER Working Paper 14128, 2007.
The distribution of wealth and redistributive policies
with A. Bisin
March 2006.
Advertising, Mass Consumption and Capitalism
with A. Bisin
February 2002.
On the Economics of Fiscal Populism in an Open Economy
with A. Velasco
1995
Follow the Leader: On Growth and Diffusion
with A. Rustichini
C. V. Starr Center Working Paper 93-03, NYU, 1993.