Xing Guo

My webpage has been moved to https://xingguoecon.github.io/XingGuoEcon/ . Please check my new website for the latest update.

Publication

1. Reassessing the Relevance of Financial Shocks in an Estimated Heterogeneous Firm Model, 

American Economic Journal: Macroeconomics, 2024, 16(3): 131–159.

[Published Version]

2. The Contribution of Firm Profits to the Recent Rise in Inflation,

joint with Panagiotis Bouras, Christian Bustamante, and Jacob Short

Economic Letters, 233, 2023, 111449.

[Published Version] 

Media Coverage: The Globe and Mail, Global News, Financial Post

3. Monetary Policy and Redistribution in Open Economies, 

joint with Pablo Ottonello and Diego Perez

Journal of Political Economy: Macroeconomics, 2023, 1:1, 191–241.

[Published Version]

Working Paper

1. Third-Country Effects of U.S. Immigration Policy, 

joint with Agostina Brinatti

[Current Version]

Media Coverage: Marginal Revolution, US Congress

2. The (Mis)Allocation of Corporate News, 

joint with Alistair Macaulay and Wenting Song 

[Current Version]

3. Firm Heterogeneity and Adverse Selection in External Finance: Micro Evidence and Macro Implications, 

joint with Pablo Ottonello, Toni Whited, and Thomas Winberry 

[Current Version]

Work in Progress

1. On the Sources of Ex-Ante Firm Heterogeneity, 

joint with Christian Bustamante, Thomas Pugh and Wenting Song 

[Draft coming soon!]

Policy Writing

1. Impacts of interest rate hikes on the consumption of households with a mortgage 

joint with Panagiotis Bouras, Joaquín Saldain, Thomas Michael Pugh, and Maria teNyenhuis 

Bank of Canada Staff Analytical Note, 2024-14

Media Coverage: The Globe and Mail, 

2. Assessing the effects of higher immigration on the Canadian economy and inflation 

joint with Julien Champagne, Erik Ens, Olena Kostyshyna, Alexander Lam, Corinne Luu, Sarah Miller, Patrick Sabourin, Joshua Slive, Temel Taskin, Jaime Trujillo, and Shu Lin Wee 

Bank of Canada Staff Analytical Note, 2023-17

3. The contribution of firm profits to the recent rise in inflation

joint with Panagiotis Bouras, Christian Bustamante, and Jacob Short 

Bank of Canada Staff Analytical Note, 2023-12

Media Coverage: The Globe and Mail, Global News, Financial Post

4. Heterogeneity and Monetary Policy: A Thematic Review

joint with Felipe Alves, Christian Bustamante, Katya Kartashova, Soyoung Lee, Thomas Michael Pugh, Kurt See, Yaz Terajima, and Alexander Ueberfeldt 

Bank of Canada Staff Discussion Paper, 2022-2