Publication

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

with Stephanie Schmitt-Grohé and Martin Uribe

American Economic Journal: Macroeconomics (2025)

Working papers

Lender Concentration of External Debts and Sudden Stops

Revise & Resubmit at Journal of Monetary Economics

Spatially Targeted LTV policies and Collateral Values [slides]

with Cameron LaPoint and Ming-Jen Lin

Reject & Resubmit at Journal of Finance

  Media: Yale Insights 

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

with Cameron LaPoint and Ming-Jen Lin

Macroprudential Policy and Asset Liquidity

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

The Dynamics of #MeToo — Theory and Empirical Analyses

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

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