Research
Publications
"Migration and Sovereign Default Risk", with George Alessandria and Yan Bai. Journal of Monetary Economics, Volume 113, August 2020. [WP version]
"Debt Maturity Heterogeneity and Investment Responses to Monetary Policy", with Min Fang. European Economic Review, Volume 144, May 2022. [WP version]
Working Papers
"Inequality, Taxation, and Sovereign Default Risk", revise and resubmit, American Economic Journal: Macroeconomics. April 2022 (First version September 2019).
"Sovereign Risk and Intangible Investment", with Chang Liu (Rochester). July 2022 (First version February 2021).
"Public Financing Under Balanced Budget Rules", with Chang Liu (NUS). August 2022 (First version February 2022).
"A Switch in State Bankruptcy Rules". July 2022. Preliminary draft.
In Progress
Sovereign Risk and Trade Wedge, with Yan Bai, Chang Liu (Rochester)
Financing Innovation with Innovation, with Zhiyuan Chen, Min Fang
Sovereign Debt Crisis or Financial Crisis: Evidence from Exports, with George Alessandria, Yan Bai, Chang Liu (Rochester)
Sovereign Default Risk and (Wealth) Inequality, with Min Fang, Philipp Renner, Simon Scheidegger
Discussions
Discussion on: "Domestic Policies and Sovereign Default" by Emilio Espino, Julian Kozlowski, Fernando M. Martin, Juan M. Sánchez. July 2022.
Discussion on: "The Effects of Sector-Specific Credit Supply Shocks on the U.S. Economy" by Maximillian Littlejohn. November 2020.
Discussion on: "Sovereign Default and Global Financial Shock" by JungJae Park. November 2020.