Work in progress
Disagreement under Imperfect Memory: Theory and Evidence (with Li Tang and Michael Weber)
Information Treatments, Hypotheticals, and Event Studies: Comparative Estimates
with Carola Binder, Dimitris Georgarakos and Li Tang
Central Bank Communication with the Polarized Public (with Michael Weber and Shihan Xie)
Media coverage: VoxEU column, BFI research brief, Financial Times (article, link), Bloomberg, Central Banking, Reuters
Perceived Political Bias of the Federal Reserve (with Michael Weber and Shihan Xie)
paper download, revised July 2025 BFI research brief, VoxEU column, SSRN. BFI wp no. 2024 -134, NBER wp no. 33071
Media coverage: Central Banking, Bloomberg (article 1, article 2), Financial Times (article, link), LinkedIn, MSN,
CFO Dive, Yahoo Finance, Financial post, Brookings institution, TT News, PressReader, Allnews, Yahoo (Taiwan, Hong Kong)....
Ballots, Budgets and Bricks: Brexit and the Polarisation of Individual Economic Behaviours
With Davide Luca and Zhiwu Wei, paper download, revised June 2025
Sovereign debt pricing with shifting long-run growth expectations (with Liang Shi) paper, revised Aug. 2025
Revise and resubmit, European Economic Review
Output gap estimation and monetary policy with imperfect knowledge (with Kaushik Mitra and Li Tang)
Observability and equilibrium selection in New Keynesian Models paper download, under revision
How does inflation shape house price expectations? (with Wei Cui, S. Xie and Y. Zhang) paper
Bank credit constraints, expectation, and firm activities: evidence from UK SMEs (with Mitra, Y. Wu, and Tianshu Zhao) paper
Learning with Data (Quasi-)Differencing paper
The roots and consequences of Euroscepticism: theory and some new evidence (with Wei and Yao) paper
Macroprudential policy and housing market expectations (with Tang, Mitra, Xie) SSRN, revised Aug. 2025
Revise and resubmit, European Economic Review