Associate Professor

Education

• Ph.D. in Economics, New York University
 
• B.S. in Mathematics, Wuhan University
 

Research Areas

• Macroeconomic Theory, Growth Theory
 

Publications

• "Indeterminacy Under Constant Returns to Scale in Multisector Economies," (with J. Benhabib and K. Nishimura), Econometrica, Vol. 68 (6), 2000.
 
• "Monetary Policy and Multiple Equilibria in a Cash-in-Advance Economy," Economics Letters, Vol. 74 (2), 2002.
 
• "Multiple Transitional Growth Paths in Endogenously Growing Open Economies," Journal of Economic Theory, Vol.108 (2), 2003.
 
• "Indeterminacy in a Small Open Economy with Endogenous Labor Supply," (with A. Velasco), Economic Theory, Vol. 22 (3), 2003.
 
• "Investment, Interest Rate Rules, and Equilibrium Determinacy," (with C. K. Yip), Economic Theory, Vol. 23 (4), 2004.
 
• "Preferences, Endogenous Discount Rate, and Indeterminacy in a Small Open Economy Model," (with Y. Bian), Economics Letters, Vol. 84 (3), 2004.
 
• "Market Imperfections and the Instability of Open Economies," (with A. Velasco), Journal of International Economics, Vol. 64 (2), 2004.
 
• "Impatience and Equilibrium Indeterminacy," Journal of Economic Dynamics & Control, Vol. 30 (12), 2006.
 
• "The Harberger-Laursen-Metzler Effect under Capital Market Imperfections," (with Kevin X. D. Huang), Journal of International Money & Finance, Vol. 26 (6), 2007.
 
• "Capital and Macroeconomic Instability in a Discrete-time Model with Forward-looking Interest Rate Rules," (with K. X. D. Huang), Journal of Economic Dynamics & Control, Vol. 31 (8), 2007.
 
• "On Indeterminacy in One-Sector Models of the Business Cycle with Factor-Generated Externalities," (with C. K. Yip), Journal of Macroeconomics, Vol. 30 (1), 2008.
 
• "Is Forward-Looking Inflation Targeting Destabilizing? The Role of Policy's Response to Current Output under Endogenous Investment," (with K. X. D. Huang and J. Xue), Journal of Economic Dynamics & Control, forthcoming.
 
• "On Interest Rate Policy and Equilibrium Stability under Increasing Returns: A Note," (with K. X. D Huang), Macroeconomic Dynamics, forthcoming.