Peer-Reviewed Journal Publications:

1. “China’s Shadow Banking in 2020–2022: an Empirical Study” Humanities and Social Sciences Communications, 2024, 11 (282), 1-14. Presented at conference co-organized by HKAoF/HKIMR, IMF, BIS and AMRO in Hong Kong, 2024 (pdf, news)

2. "Economic Analysis of China’s Shadow Banking: Development Drivers", Economist, 2021, 267 (3), 91-100, (in Chinese) 中国影子银行的经济学分析：发展驱动因素 经济学家, 2021, 267 (3), 91-100 (pdf-wp)

3. “Economics of China's Shadow Banking: Impact on Monetary Policy”, China Economic Studies, 2020, 322 (5): 55-70, (in Chinese) 中国影子银行的经济学分析:对货币政策调控的影响 中国经济问题, 2020, 322 (5), 55-70 (pdf)

4. “Economics of China's Shadow Banking: the Impact on Financial Stability”, Financial  Regulation Research, 2020, 101 (5), 31-47, (in Chinese). China Social Science Excellence of RUC (CSSE) Full-Text Republish, Finance & Insurance (in Chinese), 2020, (10), 16-26 中国影子银行的经济学分析：对金融稳定的影响 金融监管研究, 2020, 101(5), 31-47. 人大复印报刊资料全文转载, 《金融与保险》2020, (10), 16-26 

5. “Economics of China's Shadow Banking: Definition,Composition,and Measurement”, Journal of Financial Research, 2019, 465 (3), 53-73, (in Chinese) 中国影子银行的经济学分析:定义、构成和规模测算 金融研究, 2019, 465 (3), 53-73 (pdf)

6. “Microeconomic Explanation to China’s PPI and CPI Dynamics ——An Analytical Framework Based on DSGE Model” (with Bin Li) Public Finance Research, 2018, 427 (9), 15-31, (in Chinese) 对我国PPI与CPI走势的微观解释——一个基于DSGE模型的分析框架（和李斌合作）财政研究, 2018, 427 (9), 15-31  (pdf-wp) 

7. “Does Targeted Monetary Policy Matter? A Perspective from China” . Economic Affairs, 2018, 38 (1), 106-124. Presented at BIS 10th Annual Workshop of the Asian Research Networks in Chengdu, 2017 (pdf-wp)

Note: All papers in this section could be downloaded by clicking paper titles and accessing publisher websites. For access convenience, download links with free access are also included to the end of each entry, with pdf indicating published version, and pdf-wp indicating working paper version.

Working Paper:

1. “Monetary Analysis Framework Based on Balance Sheet: A Case Study of China”, SSRN, December 31, 2023. (pdf)

2. “Economics of China’s Shadow Banking: Driving Growth Factors”, Economic Research Journal Working Paper Series, 2019, W1363, (in Chinese) 中国影子银行的经济学分析：发展驱动因素 《经济研究》工作论文, 2019, W1363 (pdf)

3. “The Limit of Evil: Effects of Inflation and Public Debt on Capital Market Development”, (with David Leung, Alfred Wong, and Jiayue Zhang) Hong Kong Monetary Authority Research Memorandum, 2019, 02 (pdf)

Other Publications:

1. Bank for International Settlements, Committee on the Global Financial System. Unconventional Monetary Policy Tools: A Cross-country Analysis. Bank for International Settlements CGFS Papers, 2019, No.63. (as Member of the Working Group) (pdf)

2. Bank for International Settlements, Committee on the Global Financial System. Establishing Viable Capital Markets. Bank for International Settlements CGFS Papers, 2019, No.62. (as Member of the Working Group) (pdf)

3. Bank for International Settlements, Markets Committee. Electronic Trading in Fixed Income Markets. Bank for International Settlement Markets Committee Papers, 2016, No. 7 . (as Member of the Study Group) (pdf)

4. “My 12 Years of Study at Tsinghua University”. Financial View, 2019, (12): 88-90, (in Chinese). And in Tsinghua Alumni Gazette, 2020, 82(2), 43-45. (authorized republish) 我在清华大学求学十二年. 金融博览, 2019, (12): 88-90. 清华校友通讯,  2020, 82(2): 43-45. （授权转载发表）(pdf)