Publications
​
​Information Frictions, Monetary Policy, and the Paradox of Price Flexibility, with Donghai Zhang and Renbin Zhang
Journal of Monetary Economics, 2021, 120: 70-82, Online Appendix

​Quantifying the Federal Reserve's Objectives Using a Structural Vector Autoregressive Model, ​with Donghai Zhang
Economica, 2025, 1-17
​
The Return of Greenspan: Mumbling with Great Incoherence, with Donghai Zhang and Renbin Zhang
Journal of the European Economic Association, Volume 23, Issue 6, December 2025, Pages 2048–2091

Nominal Rigidities, Rational Inattention, and the Optimal Monetary Policy, with Penghui Yin, Donghai Zhang and Renbin Zhang
Accepted at the Journal of Economic Theory

​Working Papers​

Long-Term Debt and the Effect of a Money-financed Fiscal Stimulus, with Chengcheng Cao

House Prices, Land Finance, and the Coordination of Monetary and Fiscal Policy in China, with Chengcheng Cao

Fiscal Cyclicality and Information Channel of Government Spending Shocks, with Christopher Evans and Siming Liu
R&R at the Journal International Economics

The Government Spending Multiplier at the Zero Lower Bound