Research Teaching CV Resources SMW Matlab Home

Publications: 1. “The Welfare Costs of Expected and Unexpected Inflation”, Journal of Monetary Economics, Vol. 56 (7), 2. p. 1004-1013, 2009, with Miquel Faig. Supplementary material Papers under review: “Emission Tax or Standard: The Role of Productivity Dispersion”, with Shouyong Shi, 2011. “Environmental Policy with Heterogeneous Plants”, with Jianfei Sun, 2011 (Reject/Resubmit Journal of Political Economy). Working papers: “Lending Competition and Endogenous Credit Supply: A General Equilibrium Theory of Loan Sales”, with Kevin Huang and Jianfei Sun, 2013. “Financial Conditions, Capital Shortage and Slow Recovery”, with Jie Chen, Kevin Huang and Jianfei Sun, 2012. “Lumpy Capital, Labor Market Search and Employment Dynamics”, 2008. Research in Progress: “Industrial Dynamics and Mismatch”, with Yong Wang, 2013. “Performance Pay, Job Design and Wage Inequality”, with Moritz Ritter, 2009. “Job Creation and Job Destruction by Large and Small Firms”, with Jianfei, Sun, 2012. Conference and Seminar Presentations: “Bank Competition, Securitization and Risky Investment”, with Jianfei Sun. · The Royal Economic Society (RES) annual conference, Cambridge, Mar., 2012 (presented by co-author) · The 11^th Chinese Economics Annual Conference, Shanghai, Dec., 2011 · Xiamen University, Xiamen, Nov., 2011 · South Western University of Finance and Economics, Chengdu, Oct, 2011 · Tsinghua Workshop in Macroeconomics, Beijing, Aug, 2011 · 16^th World Congress of the International Economic Association, Beijing, July, 2011 · 2^nd Shanghai Macroeconomics Workshop (SMW), Shanghai, June, 2011 · Chinese Economists Society (CES) Annual meeting, Beijing, June, 2011 · Fudan University, June, 2011 · The North American Summer Meeting of Econometric Society (NASM), St. Louis, U.S., June 2011 · Shanghai Jiao Tong University, June, 2011 · Midwest Macro Meeting (MMM), Nashville, U.S., May, 2011 “Emission Tax or Standard: The Role of Productivity Dispersion”, with Shouyong Shi. · The Royal Economic Society (RES) annual conference, Cambridge, Mar., 2012 · World Congress of the Econometric Society, Shanghai, August, 2010 · Society of Economic Dynamics (SED) Annual Meeting, Montreal, Canada, July, 2010 · Shanghai Macroeconomics Workshop (SMW), Shanghai, June, 2010 (presented by co-author) · Chinese Economists Society (CES) Annual meeting, Xiamen, June, 2010 · Fudan University, Shanghai, June, 2010 · Midwest Macro Meeting (MMM), East Lansing, U.S., April, 2010 “Performance-Pay, Job Design and Wage Inequality”, with Moritz Ritter. · Canadian Economic Association 43^rd Annual Meeting (CEA), Toronto, Canada, May 2009 “Lumpy Capital, Labor Market Search and Employment Dynamics” · The North American Summer Meeting of Econometric Society (NASM), Boston, U.S., June 2009 · Brock University, Canada, January 2009 · Tsinghua University, January 2009 · American Economic Association Annual Meeting (AEA), San Francisco, U.S., January 2009 · Canadian Economic Association 42^nd Annual Meeting (CEA), Vancouver, Canada, June 2008 · Midwest Macro Meeting (MMM), Philadelphia, U.S., May 2008 · University of Toronto, Canada, November 2007, November 2008 “Environmental Policy with Heterogeneous Plants”, with Jianfei Sun. · The Hong Kong Economic Association (HKEA) Sixth Biennial Conference, Tianjin, December 2010 · The 10^th Chinese Economics Annual Conference, Zhengzhou, November 2010 · The Chinese University of Hong Kong, March 2010 · The University of Hong Kong, March 2010 · The Society for the Advancement of Economic Theory (SAET), Ischia, Italy, June 2009 · The North American Summer Meeting of Econometric Society (NASM), Boston, U.S., June 2009 · The 18^th annual meeting of the Canadian Resource and Environmental Economics Study Group (CREE), Toronto, Canada, October 2008 · Canadian Economic Association 41^stAnnual Meeting (CEA), Halifax, Canada, June 2007 · Poster presentation in the conference “The Role of Human Capital in Economic Growth: Recent Theory and Evidence”, University of Guelph, Canada, May 2007 · University of Toronto, Canada, November 2006, November 2008 “The Welfare Costs of Expected and Unexpected Inflation”, with Miquel Faig · The 2009 Annual Meeting of the Financial Management Association (FMA), Reno, U.S., October 2009 · The 21^st annual meeting of the Canadian Macro Study Group (CMSG), Ottawa, Canada, November 2007 · The Summer Workshop on Money, Banking, and Payments, Federal Reserve Bank of Cleveland, U.S., August 2006 (presented by coauthor)