Rong Hai

Assistant Professor, Department of Economics, Miami Herbert Business School. 

Education: Ph.D. Economics, University of Pennsylvania. 

Research interests: human capital, inequality, financial frictions, government policies. 

Panel discussion on Inequality with three Nobel Laureates: Video is available. 

Poets&Quants 50 Best Undergrad Professors, 2023

Email: rhai@bus.miami.edu Office: 523F Jenkins. Phone: (305) 284-5731

Selected Working Papers

The Causal Effects of Youth Cigarette Addiction and Education (with James J. Heckman), 2023. 

Financial Inclusion and Racial Wealth Inequality, 2023. 

The Role of Skilled Labor in Income-based Government-directed Bank Lending (with Indraneel Chakraborty, Vidhi Chhaochharia, and Prithu Vatsa).  2023. 

The Determinants of Rising Inequality of Health Insurance and Wages. Preparing to submit. 

Publications

On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods (with Dirk Krueger and Andrew Postlewaite). Quantitative Economics,  November 2020, Lead Article. 

Income Inequality, Tax Policy, and Economic Growth (with Siddhartha Biswas and Indraneel Chakraborty). Economic Journal, May 2017.  

Inequality in Human Capital and Endogenous Credit Constraints (with James J. Heckman). Review of Economic Dynamics, April 2017, Lead Article. 

The Real Effects of Financial (Dis)integration: A Multi-Country Equilibrium Analysis of Europe (with Indraneel Chakraborty, Hans Holter, and Serhiy Stepanchuk). Journal of Monetary Economics, January 2017. 


Policy Journal Publication

The Impact of Juvenile Conviction on Human Capital and Labor Market Outcomes (with Limor Golan and Hayley Wabiszewski). Federal Reserve Bank of St. Louis Review. First Quarter 2022.