Optimal Bank Reserve Remuneration and Capital Control Policy [slides]  [replication files]

with Stephanie Schmitt-Grohé and Martin Uribe

American Economic Journal: Macroeconomics  forthcoming

Working papers

Macroprudential Policy and Asset Liquidity [online appendix]

Spatially Targeted LTV policies and Collateral Values [slides]

with Cameron LaPoint and Ming-Jen Lin

Reject & Resubmit at Journal of Finance 


Flip or Flop? Tobin Taxes in the Real Estate Market [slides]

with Cameron LaPoint and Ming-Jen Lin

Lender Concentration of External Debts and Sudden Stops

The Dynamics of #MeToo — Theory and Empirical Analyses

with C. Y. Cyrus Chu, and Chih-Sheng Hsieh

Social Influence in Household Equity Investment: Evidence from Randomized Military Drafts

with Chih-Ching Hung, Ming-Jen Lin, and Kevin Tseng

Learning from the Band of Brothers: Evidence from Entrepreneurship Spillover

with Yen-Cheng Chang, Chih-Ching Hung, and Kevin Tseng

R&D Investment under Currency Depreciation: Should We Beggar-thy-neighbor?

Optimal Monetary Policy with Endogenous Productivity in a Small Open Economy

Works in Progress

Coordinating monetary and macroprudential policy under negative nominal rates 

with Stephanie Schmitt-Grohé and Martin Uribe

Conscription Duration and Human Capital Accumulation

with Shang-Jin Wei