1. Feng Dong, Siqing Wang, Zhenyang Xu, Zhiwei Xu. Bubbly cycles of global imbalances.
Revise and resubmit at Economic Journal. (link)
2. Jess Benhabib, Feng Dong, Pengfei Wang, Zhenyang Xu. Liquidity-driven growth cycles in small open economies. (Job Market Paper)
3. Feng Dong, Mingle Li, Zhenyang Xu, Guang Yang. The option value of overcapacity.
4. Zhenyang Xu, Changhua Yu. Capital inflows, household debts and productivity growth.
5. Feng Dong, Zhenyu Shen, Zhenyang Xu, Guang Yang. Does robotization promote global growth convergence?