Research

Publications:

• Analytic Policy Function Iteration  2022,  Journal of Economic Theory, Vol (200), 105395,  Supplementary Appendix ,  with Zhao Han and Fei Tan,

  A Matlab toolbox to solve dynamic macroeconomic models in the frequency-domain: zTran  on Github

• Multivariate Rational Inattention,  2022, Econometrica, Vol(90), No.2,  with  Jianjun Miao and Eric Young,

 A Matlab toolbox to solve dynamic RI problems in the LQG framework, PDF, zip file

• Comments on Sentiments and Real Business Cycles, 2022,  Journal of Economic Dynamics and Control, Vol(141), 104400

• Macro-Financial Volatility under Dispersed Information , 2021,  Theoretical Economics,,  Vol.16 (1),  Supplementary Appendix, with Jianjun Miao and Eric Young , 

• 不确定性冲击、信贷资源错配与货币财政政策效果（Uncertainty Shocks, Credit Resource Misallocation and Monetary-Fiscal Policy ，in Chinese) ,  2023,  Vol. 3, The Journal of Wolrd Economy (《世界经济》）, Lead Article,  with Yizhong Wang and Bowen Zheng

• The Role of Collateral in Sudden Stop Models, 2023, China and World Economy , Vol.31 (6)   with Bingbing Dong and Eric Young

Working Papers:

• Micro Shock and Macro Fluctuations in the Information Network (June, 2025, with Zhen Huo, Minghao Li, and Huan Xiong. )

• Inattentive Network: Evidence and Theory From EDGAR (latest version: June 2025, with Yue Fang, Zhen Huo, and Minghao Li.  Slides)

• Financial Accelerator with Rational Inattention (with Zijian Wang and Cynthia Jing Wu, new draft coming soon)

• Liquidity Provision under Rare Disasters (with Shuting Hou, Rui Sun, and Yizhong Wang)

• DRGs 医保支付方式改革、审计机制与医生行为:来自 真实医生的实验证据  (DRGs Payment Reform, Audit Mechanism, and Physicians Behavior: Evidence from Real Physicians' Experiment, in Chinese),  R&R,  Economic Research Journal 《经济研究》,  Draft Available upon Request,  with Ying Liu, Yefeng Chen, and Weizheng Zhao.