Working Papers:

• Fiscal Cyclicality and Information Channel of Government Spending Shocks, with Chris Evans and Shengliang Ou, Oct. 2024. under revision at the Journal of International Economics. 

• Sovereign Default and Labor Market Dynamics, with Hewei Shen, Oct. 2024. under revision at the Journal of Political Economy, Macroeconomics

• Technology Diffusion and Currency Risk Premia, with Min Cui and Ilias Filippou, Oct. 2022. 

publications:

• Persistent Fiscal Expansions in Sudden-Stop Crises: the Expectation Channel, with Hewei Shen and Wenya Wang. [Online appendix] [pub version]  Economics Letters. Volume 257, 2025

• Sudden Stop with Local Currency Debt, with Chang Ma and Hewei Shen. [pub version]  Journal of International Economics. 148, 2024

• Government Spending During Sudden Stop Crises.  [pub version] Journal of International Economics. 135 (C), 2022. 

• Fiscal Commitment and Sovereign Default Risk, with Hewei Shen. [pub version] Review of Economic Dynamics. Volume 46, 2022

working in progress:

• From Prudence to Excess: Measuring the Coordination Failure in Reserve Accumulation, with Hidehiko Matsumoto and Eugenio Rojas. Aug. 2025

Teaching:

Undergraduate level: 

• International Monetary Economics (Binghamton, SUFE)

• Intermediate Macro (Binghamton)

• Money and Banking (SUFE)

• Intermediate Macroeconomics (Indiana University)

• Principle in Macroeconomics (Indiana University)

Graduate level: 

• Topics in International Macro (Ph.D. field course, Binghamton)

• Macro Theory I (Ph.D. core, Binghamton)

• International Macro (MSc)

• Frontiers in International Finance (Ph.D. field course, SUFE)

• International Finance (M.Sc., SUFE)

• Money and Banking (M.Sc., SUFE)