Coordination with Sequential Information Acquisition (with Xiaoye Liao) [paper, working paper], Theoretical Economics, forthcoming
Information Acquisition and Self-Selection in Coordination Games (with Isabel Trevino) [paper], Economic Theory, forthcoming
Commitment and Investment Distortions under Limited Liability (with Jesse Perla and Carolin Pflueger) [working paper], Journal of Economic Theory, Vol. 222, December 2024
No Credit, No Gain: Trade Liberalization Dynamics, Production Inputs, and Financial Development (with David Kohn and Fernando Leibovici) [paper,online appendix], International Economic Review, Vol. 64(2), May 2023
National Academy of Economic Sciences Award for the best paper, Argentina 2022
Financial Frictions and International Trade: A Review (with David Kohn and Fernando Leibovici), Oxford Research Encyclopedia of Economics and Finance, May 2022 [paper,slides,link]
Preventing Self-Fulfilling Debt Crises: A Global Games Approach [paper,online appendix] Review of Economic Dynamics, Vol. 43, January 2022
Sentiments, Strategic Uncertainty, and Information Structures in Coordination Games (with Isabel Trevino) [link ,working paper] Games and Economic Behavior , 124, November 2020
Multiplier Effect and Comparative Statics in Global Games, Theoretical Economics, 15(2), May 2020 [paper,working paper]
Financial Frictions and Export Dynamics in Large Devaluations (with David Kohn and Fernando Leibovici), Journal of International Economics, 122, 103257 , January 2020 [paper,online appendix,code]
Financial Frictions and New Exporter Dynamics (with David Kohn and Fernando Leibovici), International Economic Review, Vol. 57(2), May 2016 [paper,online appendix,code ]
Information Acquisition in Global Games of Regime Change (with Isabel Trevino), Journal of Economic Theory, Vol. 160, December 2015 [paper,online appendix]
Biases in Information Choice and Its Use: The Role of Strategic Uncertainty (with Isabel Trevino) [paper]
We investigate how strategic motives affect subjects' acquisition and use of information. We find that substantial proportion of subjects tend to overacquire and overuse of information. We explain the mechanism behind these two biases.
International Trade Finance and Learning Dynamics (with David Kohn, Emiliano Luttini, and Shengxing Zhang) [paper]
We investigate both empirically and quantitatively how demand and counterparty risk affect export dynamics.
Debt Overhang and Liquidity Risk [paper]
I investigate how liquidity risk due to maturity mismatch affects investment. In particularly, I show that short-term debt that matures before investment takes place leads to more under-investment (i.e., more severe debt overhang).
Liquidity Support During Sovereign Debt Crises: The Role of Interest Rate
Information, Trading, and Financial Sector Profits (with Jesse Perla and Shengxing Zhang)
Information Structure and Comparative Statics in Simple Global Games
Costly information acquisition in a speculative attack: Theory and Experiments (with Isabel Trevino) [paper]
Financial Frictions, Trade, and Misallocation (with David Kohn and Fernando Leibovici) [paper]
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