"A Defense of RBC: Understanding the Puzzling Effects of Technology Shocks"
with Pengfei Wang
FORTHCOMING: Review of Economic Dynamics
Abstract | Full Text (PDF)
"Global Indeterminacy in Locally Determinate RBC Models"
with Tarek Coury
International Journal of Economic Theory, March 2009, 5(1), pp. 49-60.
"A Note on Oil Dependence and Economic Instability"
with Luís Aguiar-Conraria
Macroeconomic Dynamics, November 2008, 12(5), pp. 717-23.
"Imperfect Competition and Indeterminacy of Aggregate Output"
with Pengfei Wang
Journal of Economic Theory, November 2008, 143(1), pp. 519-40.
"Inflation Dynamics: A Cross-Country Investigation"
with Pengfei Wang
Journal of Monetary Economics, October 2007, 54(7), pp. 2004-31.
"Production and Inventory Behavior of Capital"
Annals of Economics and Finance, May 2007, 8(1), pp. 87-104.
"Uniform Working Hours and Structural Unemployment"
with Haoming Liu and Lijing Zhu
Annals of Economics and Finance, May 2007, 8(1), pp. 113-36.
"Measuring Interest Rates as Determined by Thrift and Productivity"
with Woon Gyu Choi
Annals of Economics and Finance, May 2007, 8(1), pp. 159-87.
"Understanding the Large Negative Impact of Oil Shocks"
with Luís Aguiar-Conraria
Journal of Money, Credit and Banking, June 2007, 39(4), pp. 925-44.
"What's Unique About the Federal Funds Rate? Evidence From a Spectral Perspective"
with Lucio Sarno and Daniel L. Thornton
Oxford Bulletin of Economics and Statistics, April 2007, 69(2), pp. 293-319.
"By Force of Demand: Explaining International Comovements"
Journal of Economic Dynamics and Control, January 2007, 31(1), pp. 1-23.
"Another Look at Sticky Prices and Output Persistence"
with Pengfei Wang
Journal of Economic Dynamics and Control, December 2006, 30(12), pp. 2533-52.
"Demand Shocks and Economic Fluctuations"
Economics Letters, March 2006, 90(3), pp. 373-83.
"Understanding the Inventory Cycle"
Journal of Monetary Economics, November 2005, 52(8), pp. 1533-55.
More Published Papers
2010-014A "Optimal Money Demand in a Heterogeneous-Agent Cash-in-Advance Economy" - June 2010
Abstract | Full Text (PDF)
2010-009A "Liquidity Demand and Welfare in a Heterogeneous-Agent Economy" - March 2010
Abstract | Full Text (PDF)
2010-005A "Dissecting Taylor Rules in a Structural VAR" - January 2010
with Woon Gyu Choi
Abstract | Full Text (PDF)
2009-045C "Saving and Growth under Borrowing Constraints: -- Explaining the 'High Saving Rate' Puzzle" - September 2009, Revised June 2010
Abstract | Full Text (PDF)
2009-029B "Speculative Bubbles and Financial Crisis" - June 2009, Revised July 2009
with Pengfei Wang
Abstract | Full Text (PDF)
2009-026B "An Analytical Approach to Buffer-Stock Saving under Borrowing Constraints" - June 2009, Revised July 2009
Abstract | Full Text (PDF)
More Working Papers
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