top of page

​Working Papers

Inflation and Debt Rollover under Low Interest Rates​, (with Jianjun Miao​ and Zhouxiang Shen​), June 2024.

Long-Term Assets and Banking Crises​, (with Jianjun Miao and Zhouxiang Shen), Oct 2023.

Fiscal and Monetary Policy Interactions in a Model with Low Interest Rates​, (with Jianjun Miao​), Forthcoming,  American Economic Journal: Macroeconomics.

Fiscal Stimulus under Average Inflation Targeting​, (with Zheng Liu​​ and Jianjun Miao​), Nov 2021.

​Revisiting the Supply-Side Effects of Public Debt in a Banking Model​, Oct 2019.
 

​Publication

  1. The Costs of Political Manipulation of Factor Markets in China​, (with J. Vernon Henderson​, Qinghua Zhang​, and Siqi Zheng​), 2022, Journal of Public Economics.

  2. Asset Market Equilibrium under Rational Inattention​, (with Jianjun Miao​), 2021, Economic Theory.
     

In Chinese:
​要素空间配置效率、福利效应和区域协调发展----基于空间一般均衡模型的分析. (与张庆华、翟颖佳、王慷楷合作），working in progress​​
 

bottom of page