Minjie Deng

Publication

• Migration and Sovereign Default Risk, with George Alessandria and Yan Bai, forthcoming Journal of Monetary Economics, 2020.
  • working paper version here

Working Paper

• Inequality, Taxation, and Sovereign Default Risk
  • can also find it here

Job Market Paper, updated draft coming soon

Highlights:

• This paper studies the impact of income inequality on sovereign default risk under elastic labor and endogenous non-linear taxation.
• I document that high income inequality is associated with high sovereign spreads using data across countries and across U.S. states.
• A tractable framework to study interactions among inequality, tax progressivity, and government debt with default risk.

Work in Progress

• Financial Heterogeneity and Aggregate Shocks Transmission, with Min Fang [slides]
• International Spillovers of U.S. Monetary Policy: Evidence from Chinese Firm-level Data, with Yumei Guo and Yanbin Chen [slides]
• Capital Flows, Migration, and Business Cycles [slides]
• Sovereign Debt Crisis and Intangible Asset Investment, with Chang Liu