Xing Guo

Publication

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

Forthcoming at American Economic Journal: Macroeconomics

[Current Version][Previous Version: Bank of Canada Working Paper, JMP 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 Global 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

Work in Progress

1. The Allocation of Corporate News, 

joint with Alistair Macaulay and Wenting Song 

[Current Version]

2. Firm Dynamics, Lemons Markets, and the Macroeconomy, 

joint with Pablo Ottonello and Toni Whited

[Draft coming soon!]

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

joint with Christian Bustamante and Thomas Pugh

[Draft coming soon!]

Policy Writing

1. 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

2. 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

3. 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