Working Papers
Bias and Sensitivity under Ambiguity
joint with Marcelo Zouain Pedroni and Guangyu Pei
paper, Revise & Resubmit at American Economic Review
joint with Marcelo Zouain Pedroni and Guangyu Pei
paper, Revise & Resubmit at American Economic Review
Noisy Global Value Chains
joint with Ha Bui, Andrei A. Levchenko and Nitya Pandalai-Nayar
paper
Previously titled: Information Frictions and News Media in Global Value Chains
joint with Ha Bui, Andrei A. Levchenko and Nitya Pandalai-Nayar
paper
Previously titled: Information Frictions and News Media in Global Value Chains
Higher Order Beliefs, Confidence, and Business Cycles
joint with Naoki Takayama
paper
joint with Naoki Takayama
paper
Globalization, Structural Change and International Comovement
joint with Barthélémy Bonadio, Andrei A. Levchenko, and Nitya Pandalai-Nayar
paper
joint with Barthélémy Bonadio, Andrei A. Levchenko, and Nitya Pandalai-Nayar
paper
Published/Accepted Papers
Rational Expectations Models with Higher Order Beliefs
joint with Naoki Takayama
paper, conditionally accepted at Review of Economic Studies
joint with Naoki Takayama
paper, conditionally accepted at Review of Economic Studies
Institution Building without Commitment
joint with Marco Bassetto and José-Víctor Ríos-Rull
paper, conditionally accepted at American Economic Review
Previously titled: Organizational Equilibrium with Capital
joint with Marco Bassetto and José-Víctor Ríos-Rull
paper, conditionally accepted at American Economic Review
Previously titled: Organizational Equilibrium with Capital
International Comovement in the Global Production Network
joint with Andrei A. Levchenko and Nitya Pandalai-Nayar
paper, accepted at Review of Economic Studies
joint with Andrei A. Levchenko and Nitya Pandalai-Nayar
paper, accepted at Review of Economic Studies
Dynamic Information Aggregation: Learning from the Past
joint with Marcelo Zouain Pedroni
paper, online appendix, Journal of Monetary Economics, 2023, 136: 107-124
joint with Marcelo Zouain Pedroni
paper, online appendix, Journal of Monetary Economics, 2023, 136: 107-124
Utilization-Adjusted TFP Across Countries: Measurement and Implications for International Comovement
joint with Andrei A. Levchenko and Nitya Pandalai-Nayar
paper, Journal of International Economics, 2023, 146: 103753
joint with Andrei A. Levchenko and Nitya Pandalai-Nayar
paper, Journal of International Economics, 2023, 146: 103753
Global Supply Chains in the Pandemic
joint with Barthélémy Bonadio, Andrei A. Levchenko, and Nitya Pandalai-Nayar
paper, Journal of International Economics, 2021, 133: 103534
joint with Barthélémy Bonadio, Andrei A. Levchenko, and Nitya Pandalai-Nayar
paper, Journal of International Economics, 2021, 133: 103534
The Anatomy of Sentiment-Driven Fluctuations
joint with Sushant Acharya and Jess Benhabib
paper, Journal of Economic Theory, 2021, 195: 105280
joint with Sushant Acharya and Jess Benhabib
paper, Journal of Economic Theory, 2021, 195: 105280
Imperfect Macroeconomic Expectations: Evidence and Theory
joint with George-Marios Angeletos and Karthik A. Sastry
paper, NBER Macro Annual 2021, 35(1): 1-86
joint with George-Marios Angeletos and Karthik A. Sastry
paper, NBER Macro Annual 2021, 35(1): 1-86
Myopia and Anchoring
joint with George-Marios Angeletos
paper, American Economic Review, 2021, 111 (4): 1166-1200
joint with George-Marios Angeletos
paper, American Economic Review, 2021, 111 (4): 1166-1200
A Single-Judge Solution to Beauty Contests
joint with Marcelo Zouain Pedroni
paper, appendix, American Economic Review, 2020, 110(2): 526–568
Previously titled: Infinite Higher Order Beliefs and First Order Beliefs: An Equivalence Result
joint with Marcelo Zouain Pedroni
paper, appendix, American Economic Review, 2020, 110(2): 526–568
Previously titled: Infinite Higher Order Beliefs and First Order Beliefs: An Equivalence Result
Demand Induced Fluctuations
joint with José-Víctor Ríos-Rull
paper, Review of Economic Dynamics, 2020, 37: 99-117
joint with José-Víctor Ríos-Rull
paper, Review of Economic Dynamics, 2020, 37: 99-117
Sticky Wage Models and Labor Supply Constraint
joint with José-Víctor Ríos-Rull
paper, American Economic Journal: Macroeconomics, 2020, 12(3): 284-318
joint with José-Víctor Ríos-Rull
paper, American Economic Journal: Macroeconomics, 2020, 12(3): 284-318
Tightening Financial Frictions on Households, Recessions, and Price Reallocations
joint with José-Víctor Ríos-Rull
paper, Review of Economic Dynamics, 2015, 18(1): 118-139
joint with José-Víctor Ríos-Rull
paper, Review of Economic Dynamics, 2015, 18(1): 118-139
A Realistic Neoclassical Multiplier
joint with José-Víctor Ríos-Rull
paper, Economic Policy Paper, Federal Reserve Bank of Minneapolis, 2013
joint with José-Víctor Ríos-Rull
paper, Economic Policy Paper, Federal Reserve Bank of Minneapolis, 2013
Papers before Graduate School
An Empirical Study of Wealth Distribution of Urban and Rural Households in China
with Yunwen Liang and Kai Liu, in Chinese
paper, Economic Research Journal, 2010
with Yunwen Liang and Kai Liu, in Chinese
paper, Economic Research Journal, 2010
Disaster Risk and Wealth Distribution of Chinese Urban Residents
joint with Yanbin Chen and Jun Chen, in Chinese
paper, Economic Research Journal, 2009
joint with Yanbin Chen and Jun Chen, in Chinese
paper, Economic Research Journal, 2009
A Conjecture of Chinese Monetary Policy Rule: Evidence from Survey Data, Markov Regime Switching and Drifting Coefficients
joint with Yanbin Chen
paper, Annals of Economics and Finance, 2009
joint with Yanbin Chen
paper, Annals of Economics and Finance, 2009