Published Papers:
1. Information Frictions, Monetary Policy, and the Paradox of Price Flexibility, Journal of Monetary Economics 2021
with Shengliang Ou and Renbin Zhang. Local copy: click here. Older version: SSRN Working Paper
PwC 3535 Finance Forum Best Paper Award
Outstanding Research Paper Award 2021, China Information Economics Society
with Shengliang Ou and Renbin Zhang. Local copy: click here. Older version: SSRN Working Paper
PwC 3535 Finance Forum Best Paper Award
Outstanding Research Paper Award 2021, China Information Economics Society
2. Term Structure, Forecast Revision and the Signaling Channel of Monetary Policy, 2021 Online Appendix.
Accepted at the Journal of the European Economic Association
Accepted at the Journal of the European Economic Association
Working Papers:
3. Assessing Macroeconomic Tail Risk, Jan 2022 (Reject and resubmit)
with Francesca Loria and Christian Matthes.
First version 2019, FEDS Working Paper
with Francesca Loria and Christian Matthes.
First version 2019, FEDS Working Paper
4. Quantifying the Federal Reserve's Objectives Using a Structural Vector Autoregressive Model, March 2021 (Submitted)
With Shengliang Ou
First version 2020, SSRN Working Paper
With Shengliang Ou
First version 2020, SSRN Working Paper
5. Bubbly Firm Dynamics and Aggregate Fluctuations, 2022
with Haozhou Tang. Online Appendix.
Journal of Monetary Economics (accepted with minor revisions required)
First version 2021, SSRN Working Paper
with Haozhou Tang. Online Appendix.
Journal of Monetary Economics (accepted with minor revisions required)
First version 2021, SSRN Working Paper
6. On the Heterogeneous Interest Rate Sensitivity of Firms' Investments, draft available upon request
with Matthias Gnewuch
with Matthias Gnewuch
7. The Return of Greenspan: Mumbling with Great Incoherence, 2022 (Submitted)
with Shengliang Ou and Renbin Zhang. SSRN Working Paper
with Shengliang Ou and Renbin Zhang. SSRN Working Paper
9. The Ambiguous Signaling Channel of Monetary Policy, May 2022 (Submitted)
First version 2017, SSRN Working Paper
First version 2017, SSRN Working Paper