Working Papers

“Inflationary Supply Chain Disruptions: Time-Varying and Cross-Country Evidence" 

(with Sebastian Laumer) 

R&R, Journal of International Money and Finance

“Time-Varying Loan Puzzles" 

(with Tiezheng Song) 

Under Review

“Fiscal Policy Uncertainty in China"

“Segmented Exchange Markets and U.S. Monetary Spillovers: Beyond the Trilemma" 

(with Tiezheng Song)

“Public Mortgage Credit News and the Changing Architecture of Financial Intermediation" 

(with Li Yu)

“The Time-Varying and Volatile Macroeconomic Effects of Immigration"

Macroeconomic Dynamics (2021)

“Tether Points, Price Stability, and Arbitrage Efficiency"

Economics Bulletin (2022)

“The Time-Varying Response of Hours Worked to a Productivity Shock" 

Journal of Money, Credit and Banking (2023)

“Regime Dependent Dynamics of Parallel and Official Exchange Markets in China: Evidence from Cryptocurrency” 

(with Tiezheng Song)

Applied Economics (2023) 

“The Chinese Silver Standard: Parity, Predictability, and (In)Stability, 1912-1934"

(with Jim Nason)

Journal of International Money and Finance (2026)