Shouyong Shi
Pennsylvania State University

New research and publications

"Wealth Accumulation, On the Job Search and Inequality," (with Gaston Chaumont), 2017.
"Endogenously Procyclical Liquidity, Capital Reallocation, and q," (with Melanie Cao), 2016.

"Efficient Job Upgrading, Search on the Job and Output Dispersion," 2016.

"Should Buyers Or Sellers Organize Trade in a Frictional Market?" (with Alain Delacroix), 2016.

"Long-Run Sectoral Reallocation, Job to Job Transitions, and Earnings Inequality: An Empirical Investigation," (
with Florian Hoffmann and Anton Laptiev), 2016.

"Customer Relationship and Sales," Journal of Economic Theory 166 (2016), 483-516.
Burdett-Mortensen Model of On-the-Job Search with Two Sectors," (with Florian Hoffmann), Review of Economic Dynamics 19 (2016), 108-134.

Liquidity, Assets and Business Cycles," J. of Monetary Economics 70 (2015), 116-132.
"Financial Frictions, Investment Delay and Asset Market Interventions," (with Christine Tewfik), J. of Money, Credit and Banking 47 (2015), 155-196.
"A Monetary Theory with Non-Degenerate Distributions," (with Guido Menzio and Amy Hongfei Sun), J. of Economic Theory 148 (2013), 2266-2312.