Pros and Cons from Resilience Financing upon Regional Natural Disasters: A DSGE model for Resource-Exporting Countries
Housing Appreciation, Immigration and Wealth Inequality: Evidence from China (With Tamim Bayoumi), presentations at 7th Camphor Economist Circle (CEC) English Workshop in 2021 and Chinese Economists Society Annual Meeting in 2022
Asymmetric Response to Monetary Policy from Subsidized and Nonperforming Firms: Evidence from China (With Calvin Dun Jia, and Tony Wei Li), presentations at Tsinghua Workshop in Macroeconomics 2019, Econometric Society Asian Meeting 2019, and Econometric Society China Meeting 2018
Carbon Taxation, Informality and Inequality: A Heterogeneous Agent Model on Dominican Republic (With Frank Fuentes and Hui He)
Political Distortion, and Firms’ Non-Bank Financing: Firm-level Evidence from China (With Tao Zha, Hui He, and Ehsan Ebrahimy)
A Model for Fiscal Policy Analysis in Small States: An Application to Dominica (With Alejandro Guerson, Balazs Csonto, and Marina Mendes Tavares)
Informality and Global Market Competitiveness: Evidence from Cross-Country Comparison (With Mehmet Cangul and Ali Mansoor)
Building Resilience to Natural Disaster in Vulnerable States: Savings from Ex-Ante Interventions (With Saad Quayyum), Submitted
Abstract: Natural disasters cause significant damages and disrupt growth, particularly for small island countries. The frequency and intensity of large disasters are expected to increase with climate change. We use a dynamic general equilibrium model to explore the benefits of ex-ante intervention to build resilience to natural disasters. We calibrate our model to six small countries that are highly vulnerable to natural disasters. We show that policy makers can save in net present value terms by investing in ex-ante resilience and avoiding large recovery costs. There is additional savings from avoiding output distortions following a disaster. Our finding underscores the important of mobilizing more resources to building resilience against natural disaster and climate change.
"Flatten the Curve: Empirical Evidence on How Non-Pharmaceutical Interventions Substituted Pharmaceutical Treatments during COVID-19 Pandemic" (With Weiyu Luo, Songhua Hu, Mofeng Yang, Xinyuan Hu , Chenfeng Xiong), PLOS ONE 16(10): e0258379. 10/2021
"The analysis of dynamic travel mode choice: a heterogeneous hidden Markov approach" (With Chenfeng Xiong, Xiqun Chen, Xiang He and Lei Zhang), Transportation (2015) 42: 985.
"Spatial Regression Modeling with Economic Growth and Productivity Dynamics" (With Chenfeng Xiong, Jiang, Xiushan, and Lei Zhang), Compendium Paper for Transportation Research Board Annual Meeting, 01/2015.
"现今创业政策对大学生创业行为的影响研究——基于北京市高校学生情况的实证分析" 中国市场, 2010年 第39期
“Research on the Relationship between Regional Development and Advanced Human Capital Allocation”, Social Sciences in Kunming 03/2008
Coauthor:
"Cross-boundary Payment and Settlement Systems in the Greater Bay Area: Current Practices and Recent Developments", Hong Kong Institute for Monetary and Financial Research, Hong Kong Academy of Finance, AR No. 1/2023
"Chinese State-Owned Enterprises, Resource (Mis)allocation and Productivity", People’s Republic of China : Selected Issues, IMF Country Report No. 21/12
“Building Resilience to Natural Disaster in Vulnerable States: Saving from Ex-ante Interventions", Chapter 9 in Book, "Well Spent : How Strong Infrastructure Governance Can End Waste in Public Investment", Publisher: INTERNATIONAL MONETARY FUND, Publication Date: 03 September 2020, DOI: http://dx.doi.org/10.5089/9781513511818.071, ISBN: 9781513511818
"Chapter 2: Adapting to Climate Change in Sub-Saharan Africa", IMF Regional Economic Outlook for Sub-Saharan Africa, April 2020
"Building Resilience in Developing Countries Vulnerable to Large Natural Disasters", IMF Policy Paper, No. 19/020
"Household Indebtedness in China", People’s Republic of China : Selected Issues, No. 19/274
"Assessing Macro-Financial Risks of Household Debt in China", IMF Working Paper, No. 19/258 ( Media Coverage: Central Banking.com)
"Dominica : 2018 Article IV Consultation Staff Report", IMF Country Report No. 18/265
Contributor:
"Beating the Odds: Jump-Starting Developing Countries", (Authors: Justin Yifu Lin and Celestin Monga), ISBN: 9780691176055
"Poverty in a Rising Africa", (Authors: Kathleen Beegle, Luc Christiaensen, Andrew Dabalen, and Isis Gaddis), World Bank, ISBN: 978-1-4648-0723-7