Research

Research Interests: Macroeconomics, Public Finance, International Finance, Macro Labor

 

The Impact of Sovereign Defaults on Lending Countries”, with Si Guo. Review of Quantitative Finance and Accounting, 60, 345-374, January 2023.

[Link]     [Paper]

 

Timing and Time Inconsistency in Search Models”, with Zoe Xie. Economics Letters, 220, 110846, November 2022.

[Link]     [Paper]

 

A Dynamic Model of Fiscal Decentralization and Public Debt Accumulation”, with Si Guo and Zoe Xie. Journal of Public Economics, 212, 104692, August 2022.

[Link]     [Paper]     [Appendix]

 

Endogenous Immigration, Human and Physical Capital Formation, and the Immigration Surplus”, with Isaac Ehrlich. Journal of Human Capital, 15 (1), 34-85, Spring 2021.    

[Link]     [Paper

 

A Quantitative Theory of Time-Consistent Unemployment Insurance”, with Zoe Xie. Journal of Monetary Economics, 117, 848-870, January 2021.    

[Link]     [Paper]     [Appendix]  

 

Human Capital as Engine of Growth: The Role of Knowledge Transfers in Promoting Balanced Growth within and across Countries”, with Isaac Ehrlich. Asian Development Review, 37 (2), 225-263, September 2020.   

[Link]     [Paper]  

   

Optimal Sovereign Defaults in the Presence of Financial Frictions”. Revise and Resubmit, B.E. Journal of Macroeconomics.    

[Paper]  

 

Government Commitment and Unemployment Insurance over Business Cycle”, with Zoe Xie.  

[Paper