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
Working Papers
"Inequality, Taxation, and Sovereign Default Risk" [working paper]
Conditionally accepted, American Economic Journal: Macroeconomics
"Public Financing Under Balanced Budget Rules" [working paper]
with Chang Liu (NUS)
Revise and resubmit, Review of Economic Dynamics
"Sovereign Risk and Intangible Investment" [working paper]
Revise and resubmit, Journal of International Economics
"Financing Innovation with Innovation" [working paper]
with Zhiyuan Chen and Min Fang
"A Switch in State Bankruptcy Rules" [working paper]
Selected Work In Progress
"Trade Barriers and Sovereign Default Risk" (draft available upon request)
with George Alessandria, Yan Bai, and Chang Liu (Rochester)
"Pareto Weights in Indebted Economies" (draft available upon request)
"Sovereign Debt Crisis or Financial Crisis: Evidence from Exports"
with George Alessandria, Yan Bai, and Chang Liu (Rochester)
"Sovereign Default Risk and (Wealth) Inequality"