Research Interests:
Macroeconomics, International Finance, Applied Time Series Econometrics
Research Papers:
• “Shadow Rates, Forward Guidance, and Unconventional Monetary Policy”
Media Coverage: Econbrowser
• “Exchange Rate Prediction Redux: New Models, New Data, New Currencies", with Yin-Wong Cheung, Menzie D. Chinn, and Antonio Garcia Pascual, ECB Working Paper 2018, February 2017, submitted to Journal of International Money and Finance
Media Coverage: VoxEU, Econbrowser, Econbrowser
• “The Effects of Unconventional and Conventional U.S. Monetary Policy: The Role of Expected Inflation”, 2015
Media Coverage: Econbrowser
• “Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound”, with Menzie D. Chinn, NBER Working Paper 21159, 2015, submitted to Journal of Money, Credit and Banking
Media Coverage: Econbrowser
• “Interest Tax on Capital Inflows and Exchange Rate Stability”, 2014
• “Great Moderation in Europe: Impulse or Propagation?”, 2013
Publications:
• “Optimal Product Differentiation in a Circular Model", with Qiang Gong and Qihong Liu, Journal of Economics, 2016, 118(1): 1-34.
• “The Optimal Product Position Choice”, with Qiang Gong, China Economic Quarterly (in Chinese), January 2011, 10(2): 619-634.
Macroeconomics, International Finance, Applied Time Series Econometrics
Research Papers:
• “Shadow Rates, Forward Guidance, and Unconventional Monetary Policy”
Media Coverage: Econbrowser
• “Exchange Rate Prediction Redux: New Models, New Data, New Currencies", with Yin-Wong Cheung, Menzie D. Chinn, and Antonio Garcia Pascual, ECB Working Paper 2018, February 2017, submitted to Journal of International Money and Finance
Media Coverage: VoxEU, Econbrowser, Econbrowser
• “The Effects of Unconventional and Conventional U.S. Monetary Policy: The Role of Expected Inflation”, 2015
Media Coverage: Econbrowser
• “Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound”, with Menzie D. Chinn, NBER Working Paper 21159, 2015, submitted to Journal of Money, Credit and Banking
Media Coverage: Econbrowser
• “Interest Tax on Capital Inflows and Exchange Rate Stability”, 2014
• “Great Moderation in Europe: Impulse or Propagation?”, 2013
Publications:
• “Optimal Product Differentiation in a Circular Model", with Qiang Gong and Qihong Liu, Journal of Economics, 2016, 118(1): 1-34.
• “The Optimal Product Position Choice”, with Qiang Gong, China Economic Quarterly (in Chinese), January 2011, 10(2): 619-634.
