Research
Publications
"Migration and Sovereign Default Risk" [journal link] [working paper]
with George Alessandria and Yan Bai
Journal of Monetary Economics, Volume 113, August 2020
"Debt Maturity Heterogeneity and Investment Responses to Monetary Policy" [journal link] [working paper]
with Min Fang
European Economic Review, Volume 144, May 2022
"Inequality, Taxation, and Sovereign Default Risk" [working paper]
American Economic Journal: Macroeconomics, forthcoming, April 2024
Working Papers
"Public Financing Under Balanced Budget Rules" [working paper]
with Chang Liu (NUS)
R&R, Review of Economic Dynamics
"Sovereign Risk and Intangible Investment" [working paper]
R&R, Journal of International Economics
"A Note on Allowing State Bankruptcy" [working paper]
"Pareto Weights in Indebted Economies" [working paper]
"Financing Innovation with Innovation" [working paper]
with Zhiyuan Chen and Min Fang
Selected Work In Progress
"Trade Barriers and Sovereign Default Risk" (draft available upon request)
with George Alessandria, Yan Bai, and Chang Liu (Rochester)
"Sovereign Debt Crisis or Financial Crisis: Evidence from Exports"
with George Alessandria, Yan Bai, and Chang Liu (Rochester)
"Sovereign Default Risk and (Wealth) Inequality"