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by members of

Business School
Hong Kong University of Science and Technology (HKUST)
Kowloon, Hong Kong

These are publications listed in RePEc written by members of the above institution who are registered with the RePEc Author Service. Thus this compiles the works all those currently affiliated with this institutions, not those affilated at the time of publication. List of registered members. Register yourself. This page is updated in the first days of each month.
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Working papers

Undated material is listed at the end

2013

  1. Davin Chor & Edwin L.-C. Lai, 2013. "Cumulative Innovation, Growth and Welfare-Improving Patent Policy," CESifo Working Paper Series 4407, CESifo Group Munich.
  2. David Cook & Michael B. Devereux, 2013. "The Optimal Currency Area in a Liquidity Trap," NBER Working Papers 19588, National Bureau of Economic Research, Inc.
  3. Gallagher, Mary & Giles, John T. & Park, Albert & Wang, Meiyan, 2013. "China's 2008 Labor Contract Law: Implementation and Implications for China's Workers," IZA Discussion Papers 7555, Institute for the Study of Labor (IZA).
  4. Giles, John & Wang, Dewen & Park, Albert, 2013. "Expanding social insurance coverage in urban China," Policy Research Working Paper Series 6497, The World Bank.
  5. Yong Wang & Xuewen Liu & Xi Li, 2013. "A Model of China's State Capitalism," 2013 Meeting Papers 853, Society for Economic Dynamics.
  6. John Duffy & Ernest Lai & Wooyoung Lim, 2013. "Language and Coordination: An Experimental Study," Working Papers 514, University of Pittsburgh, Department of Economics, revised Dec 2013.
  7. Andreas Blume & Ernest K. Lai & Wooyoung Lim, 2013. "Eliciting Private Information with Noise: The Case of Randomized Response," Working Papers 490, Bielefeld University, Center for Mathematical Economics.
  8. Jess Benhabib & Pengfei Wang & Yi Wen, 2013. "Uncertainty and sentiment-driven equilibria," Working Papers 2013-011, Federal Reserve Bank of St. Louis.
  9. Pengfei Wang & Yi Wen, 2013. "Financial development and long-run volatility trends," Working Papers 2013-003, Federal Reserve Bank of St. Louis.
  10. Zhiwei Xu & Pengfei Wang & Jianjun Miao, 2013. "A Bayesian DSGE Model of Stock Market Bubbles and Business Cycles," 2013 Meeting Papers 167, Society for Economic Dynamics.
  11. Li, Yao Amber, 2013. "Borders and Distance in Knowledge Spillovers: Dying Over Time or Dying with Age? - Evidence from Patent Citations," MPRA Paper 53528, University Library of Munich, Germany.
  12. Fan, Haichao & Li, Yao Amber & Yeaple, Stephen, 2013. "Trade Liberalization, Quality, and Export Prices," MPRA Paper 51370, University Library of Munich, Germany.

2012

  1. Fan, Haichao & Lai, Edwin L.-C. & Li, Yao Amber, 2012. "Credit Constraints, Quality, and Export Prices: Theory and Evidence from China," MPRA Paper 40857, University Library of Munich, Germany.
  2. Haichao Fan & Edwin L.-C. Lai & Han Steffan Qi, 2012. "Global Gains from Trade Liberalization," CESifo Working Paper Series 3775, CESifo Group Munich.
  3. Wang, Ping & Xie, Danyang, 2012. "Real effects of money growth and optimal rate of inflation in a cash-in-advance economy with labor-market frictions," MPRA Paper 42291, University Library of Munich, Germany.
  4. Glewwe, Paul & Park, Albert & Zhao, Meng, 2012. "Visualizing Development:Eyeglasses and Academic Performance in Rural Primary Schools in China," Working Papers 120032, University of Minnesota, Center for International Food and Agricultural Policy.
  5. Giles, John & Park, Albert & Cai, Fang & Du, Yang, 2012. "Weathering a storm : survey-based perspectives on employment in China in the aftermath of the global financial crisis," Policy Research Working Paper Series 5984, The World Bank.
  6. Dercon, Stefan & Park, Albert & Singh, Abhijeet, 2012. "School Meals as a Safety Net: An Evaluation of the Midday Meal Scheme in India," CEPR Discussion Papers 9031, C.E.P.R. Discussion Papers.
  7. Lei, Xiaoyan & Giles, John & Hu, Yuqing & Park, Albert & Strauss, John & Zhao, Yaohui, 2012. "Patterns and correlates of intergenerational non-time transfers : evidence from CHARLS," Policy Research Working Paper Series 6076, The World Bank.
  8. Jess Benhabib & Pengfei Wang & Yi Wen, 2012. "Sentiments and aggregate demand fluctuations," Working Papers 2012-039, Federal Reserve Bank of St. Louis.
  9. Jianjun Miao & PENGFEI WANG & Lifang Xu, 2012. "Stock Market Bubbles and Unemployment," Boston University - Department of Economics - Working Papers Series WP2012-011, Boston University - Department of Economics.
  10. Pengfei Wang & Yi Wen & Zhiwei Xu, 2012. "Two-way capital flows and global imbalances: a neoclassical approach," Working Papers 2012-016, Federal Reserve Bank of St. Louis.
  11. Jess Benhabib & Pengfei Wang, 2012. "Financial Constraints, Endogenous Markups, and Self-fulfilling Equilibria," NBER Working Papers 18074, National Bureau of Economic Research, Inc.
  12. Jianjun Miao & PENGFEI WANG, 2012. "Banking Bubbles and Financial Crisis," Boston University - Department of Economics - Working Papers Series WP2012-010, Boston University - Department of Economics.
  13. Zhiwei Xu & Yi Wen & pengfei Wang, 2012. "When Do Inventories Destabilize the Economy? ---A Tractable Approach to (S,s) Policies," 2012 Meeting Papers 288, Society for Economic Dynamics.
  14. Yi Pengfei Wang & Wen & Zhiwei Xu, 2012. "What inventories tell us about aggregate fluctuations -- a tractable approach to (S,s) policies," Working Papers 2012-059, Federal Reserve Bank of St. Louis.
  15. Binkai Chen & Ming Lu & Ninghua Zhong, 2012. "Hukou and Consumption Heterogeneity: Migrants' Expenditure Is Depressed by Institutional Constraints in Urban China," Global COE Hi-Stat Discussion Paper Series gd11-221, Institute of Economic Research, Hitotsubashi University.
  16. Wang Peng & Heng-fu Zou, 2012. "Capital Accumulation And Present-biased Preference," CEMA Working Papers 531, China Economics and Management Academy, Central University of Finance and Economics.
  17. Wang Peng & Heng-fu Zou, 2012. "When Wealth Affects People's Impatience," CEMA Working Papers 529, China Economics and Management Academy, Central University of Finance and Economics.
  18. Wang Peng & Heng-fu Zou, 2012. "International Macroeconomic Policy: When Wealth Affects People's Impatience," CEMA Working Papers 530, China Economics and Management Academy, Central University of Finance and Economics.

2011

  1. Haichao Fan & Edwin L.-C. Lai & Han Steffan Qi, 2011. "A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity," CESifo Working Paper Series 3634, CESifo Group Munich.
  2. Taiji Furusawa & Edwin L.-C. Lai, 2011. "A Theory of Government Procrastination," CESifo Working Paper Series 3680, CESifo Group Munich.
  3. Chang, Ming-Jen & Wang, Ping & Xie, Danyang, 2011. "The dynamic process of economic takeoff and industrial transformation," MPRA Paper 31868, University Library of Munich, Germany.
  4. David Cook & Michael B. Devereux, 2011. "Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap," NBER Working Papers 17131, National Bureau of Economic Research, Inc.
  5. Glewwe, Paul & Huang, Qiuqiong & Park, Albert, 2011. "Cognitive Skills, Non-Cognitive Skills, and the Employment and Wages of Young Adults in Rural China," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103407, Agricultural and Applied Economics Association.
  6. Ju, Jiandong & Lin, Justin Yifu & Wang, Yong, 2011. "Marshallian externality, industrial upgrading, and industrial policies," Policy Research Working Paper Series 5796, The World Bank.
  7. Zheng Liu & Pengfei Wang & Tao Zha, 2011. "Land-price dynamics and macroeconomic fluctuations," NBER Working Papers 17045, National Bureau of Economic Research, Inc.
  8. Pengfei Wang & Yi Wen & Zhiwei Xu, 2011. "When do inventories destabilize the economy? an analytical approach to (S,s) policies," Working Papers 2011-014, Federal Reserve Bank of St. Louis.
  9. Jianjun Miao & PENGFEI WANG, 2011. "Bubbles and Total Factor Productivity," Boston University - Department of Economics - Working Papers Series WP2011-030, Boston University - Department of Economics.
  10. Pengfei Wang & Jianjun Miao, 2011. "Bubbles and Credit Constraints," 2011 Meeting Papers 94, Society for Economic Dynamics.
  11. Jianjun Miao & PENGFEI WANG, 2011. "Sectoral Bubbles and Endogenous Growth," Boston University - Department of Economics - Working Papers Series WP2011-032, Boston University - Department of Economics.
  12. Dessi, Roberta & Zhao, Xiaojian, 2011. "Self-Esteem, Shame and Personal Motivation," TSE Working Papers 10-191, Toulouse School of Economics (TSE), revised Dec 2013.
  13. Bai, Jushan & Wang, Peng, 2011. "Conditional Markov chain and its application in economic time series analysis," MPRA Paper 33369, University Library of Munich, Germany.

2010

  1. Woon Gyu Choi & David Cook, 2010. "Fire Sales and the Financial Accelerator," IMF Working Papers 10/141, International Monetary Fund.
  2. Liu, Xuejun & Park, Albert & Zhao, Yaohui, 2010. "Explaining Rising Returns to Education in Urban China in the 1990s," IZA Discussion Papers 4872, Institute for the Study of Labor (IZA).
  3. Park, Albert & Wang, Dewen, 2010. "Migration and Urban Poverty and Inequality in China," IZA Discussion Papers 4877, Institute for the Study of Labor (IZA).
  4. Cai, Hongbin & Li, Hongbin & Park, Albert & Zhou, Li-An, 2010. "Family Ties and Organizational Design: Evidence from Chinese Private Firms," CEPR Discussion Papers 7855, C.E.P.R. Discussion Papers.
  5. Park, Albert & Wang, Sangui, 2010. "Community-based Development and Poverty Alleviation: An Evaluation of China’s Poor Village Investment Program," CEPR Discussion Papers 7856, C.E.P.R. Discussion Papers.
  6. James P. Smith & John Strauss & Xiaoyan Lei & Albert Park & Yan Shen & James P. Smith & Zhe Yang & Yaohui Zhao, 2010. "Health Outcomes and Socio-Economic Status Among the Elderly in China: Evidence from the CHARLS Pilot," Working Papers 774, RAND Corporation Publications Department.
  7. Zheng Liu & Pengfei Wang & Tao Zha, 2010. "Do credit constraints amplify macroeconomic fluctuations?," Working Paper 2010-01, Federal Reserve Bank of Atlanta.
  8. Pengfei Wang & Yi Wen, 2010. "Hayashi meets Kiyotaki and Moore: a theory of capital adjustment costs," Working Papers 2010-037, Federal Reserve Bank of St. Louis.
  9. Zheng Liu & Pengfei Wang, 2010. "Indeterminate credit cycles," Working Paper Series 2010-22, Federal Reserve Bank of San Francisco.
  10. Jianjun Miao & PENGFEI WANG, 2010. "Credit Risk and Business Cycles," Boston University - Department of Economics - Working Papers Series WP2010-033, Boston University - Department of Economics.
  11. Li, Yao Amber, 2010. "International Trade, Technology Diffusion, and the Role of Diffusion Barriers," MPRA Paper 39409, University Library of Munich, Germany, revised 01 Dec 2011.
  12. Li, Sanxi & Peitz, Martin & Zhao, Xiaojian, 2010. "Worried about Adverse Product Effects? Information Disclosure and Consumer Awareness," TSE Working Papers 10-157, Toulouse School of Economics (TSE).
  13. Yang Yao & Ninghua Zhong, 2010. "Unions Improve Chinese Workers' Welfare - Results from 1,268 Firms," Microeconomics Working Papers 22039, East Asian Bureau of Economic Research.
  14. Yang Yao & Ninghua Zhong, 2010. "Unions Improve Chinese Workers' Welfare," Labor Economics Working Papers 22771, East Asian Bureau of Economic Research.

2009

  1. Ju, Jiandong & Lin, Justin Yifu & Wang, Yong, 2009. "Endowment structures, industrial dynamics, and economic growth," Policy Research Working Paper Series 5055, The World Bank.
  2. Yong Wang, 2009. "Fiscal Decentralization, Endogenous Policies and Technology Adoption: Theory and Evidence from China and India's FDI," 2009 Meeting Papers 354, Society for Economic Dynamics.
  3. Alexander Matros & Wooyoung Lim & Theodore Turocy, 2009. "Raising Revenue With Raffles: Evidence from a Laboratory Experiment," Working Papers 377, University of Pittsburgh, Department of Economics, revised Feb 2009.
  4. Miao, Jianjun & Wang, Pengfei, 2009. "Does Lumy Investment Matter for Business Cycles?," MPRA Paper 14977, University Library of Munich, Germany.
  5. Pengfei Wang & Yi Wen, 2009. "Inventory accelerator in general equilibrium," Working Papers 2009-010, Federal Reserve Bank of St. Louis.
  6. Pengfei Wang & Yi Wen, 2009. "Financial development and economic volatility: a unified explanation," Working Papers 2009-022, Federal Reserve Bank of St. Louis.
  7. Pengfei Wang & Yi Wen, 2009. "Speculative bubbles and financial crisis," Working Papers 2009-029, Federal Reserve Bank of St. Louis.
  8. Frank, Murray Z. & Goyal, Vidhan K., 2009. "Capital Structure Decisions: Which Factors are Reliably Important?," MPRA Paper 22525, University Library of Munich, Germany.

2008

  1. Edwin Lai, 2008. "Globalization of production and the technology transfer paradox," Working Papers 0810, Federal Reserve Bank of Dallas.
  2. Edwin L.-C. Lai, 2008. "The most-favored nation rule in club enlargement negotiation," Working Papers 0815, Federal Reserve Bank of Dallas.
  3. David Cook & Woon Gyu Choi, 2008. "New Keynesian Exchange Rate Pass-Through," IMF Working Papers 08/213, International Monetary Fund.
  4. Giles, John & Park, Albert & Wang, Meiyan, 2008. "The great proletarian cultural revolution, disruptions to education, and returns to schooling in urban China," Policy Research Working Paper Series 4729, The World Bank.
  5. Kang Shi & Juanyi Xu, 2008. "Input Substitution, Export Pricing, and Exchange Rate Policy," Working Papers 102008, Hong Kong Institute for Monetary Research.
  6. Yi Wen & Pengfei Wang, 2008. "A Defense of RBC:Understanding the Puzzling Effects of Technology Shocks," 2008 Meeting Papers 7, Society for Economic Dynamics.
  7. Yao Li & John Whalley & Shunming Zhang & Xiliang Zhao, 2008. "The Higher Educational Transformation of China and Its Global Implications," NBER Working Papers 13849, National Bureau of Economic Research, Inc.

2007

  1. Li, Hongyi & Wei, Xiangdong & Xie, Danyang, 2007. "Competitiveness of the Hong Kong economy," MPRA Paper 37345, University Library of Munich, Germany.
  2. David Cook & Woon Gyu Choi, 2007. "Financial Market Risk and U.S. Money Demand," IMF Working Papers 07/89, International Monetary Fund.
  3. Alexander Matros, 2007. "Contests with a Stochastic Number of Players," Working Papers 323, University of Pittsburgh, Department of Economics, revised Sep 2008.
  4. Pengfei Wang & Yi Wen, 2007. "Imperfect competition and indeterminacy of aggregate output," Working Papers 2006-017, Federal Reserve Bank of St. Louis.
  5. Pengfei Wang & Yi Wen, 2007. "Endogenous volatility, endogenous growth, and large welfare gains from stabilization policies," Working Papers 2006-032, Federal Reserve Bank of St. Louis.
  6. Pengfei Wang & Yi Wen, 2007. "Incomplete information and self-fulfilling prophecies," Working Papers 2007-033, Federal Reserve Bank of St. Louis.
  7. Pengfei Wang & Yi Wen, 2007. "Understanding the puzzling effects of technology shocks," Working Papers 2007-018, Federal Reserve Bank of St. Louis.

2006

  1. Grossman, Gene & Lai, Edwin, 2006. "Parallel Imports and Price Controls," CEPR Discussion Papers 5779, C.E.P.R. Discussion Papers.
  2. Albert Park & Dean Yang & Xinzheng Shi & Yuan Jiang, 2006. "Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis," Working Papers 549, Research Seminar in International Economics, University of Michigan.
  3. Glewwe, Paul & Park, Albert & Zhao, Meng, 2006. "The Impact of Eyeglasses on the Academic Performance of Primary School Students: Evidence from a Randomized Trial in Rural China," Conference Papers 6644, University of Minnesota, Center for International Food and Agricultural Policy.
  4. Antonio Nicolo' & Yan Yu, 2006. "Strategic Divide and Choose," "Marco Fanno" Working Papers 0022, Dipartimento di Scienze Economiche "Marco Fanno".
  5. Pengfei Wang & Yi Wen, 2006. "Imperfect competition and sunspots," Working Papers 2006-015, Federal Reserve Bank of St. Louis.
  6. Peng-fei Wang & Yi Wen, 2006. "Solving linear difference systems with lagged expectations by a method of undetermined coefficients," Working Papers 2006-003, Federal Reserve Bank of St. Louis.
  7. Peng-fei Wang & Yi Wen, 2006. "Inflation dynamics: a cross-country investigation," Working Papers 2005-076, Federal Reserve Bank of St. Louis.

2005

  1. Edwin L.-C. Lai, 2005. "Would global patent protection be too weak without international coordination?," Discussion Paper Series 226, Research Institute for Economics & Business Administration, Kobe University, revised Aug 2008.
  2. Woon Gyu Choi & David Cook, 2005. "Stock Market Liquidity and the Macroeconomy: Evidence from Japan," IMF Working Papers 05/6, International Monetary Fund.
  3. David Cook & Hiromi Nosaka, 2005. "Dual labor markets and business cycles," Working Paper Series 2006-36, Federal Reserve Bank of San Francisco.
  4. Philip R. Lane & Michael B. Devereux,Juanyi Xu, 2005. "Exchange Rates and Monetary Policy in Emerging Market Economies," The Institute for International Integration Studies Discussion Paper Series iiisdp036, IIIS.
  5. Peng-fei Wang & Yi Wen, 2005. "Another look at sticky prices and output persistence," Working Papers 2005-051, Federal Reserve Bank of St. Louis.

2004

  1. Edwin L Lai, 2004. "The Economics of Intellectual Property Protection in the Global Economy," Levine's Working Paper Archive 122247000000000481, David K. Levine.
  2. Cook, David & Devereux, Michael B, 2004. "External Currency Pricing and the East Asian Crisis," CEPR Discussion Papers 4642, C.E.P.R. Discussion Papers.
  3. Timothy Chue & David Cook, 2004. "Sudden Stops and Liability Dollarization: Evidence from East Asian Financial Intermediaries," Econometric Society 2004 Far Eastern Meetings 646, Econometric Society.
  4. Devereux, Michael B & Shi, Kang & Xu, Juanyi, 2004. "Global Monetary Policy Under a Dollar Standard," CEPR Discussion Papers 4317, C.E.P.R. Discussion Papers.
  5. Wang, Peng-fei & Wen, Yi, 2004. "Endogenous Money or Sticky Price? Comment on Monetary Non-neutrality and Inflation Dynamics," Working Papers 04-08, Cornell University, Center for Analytic Economics.

2003

  1. Danyang Xie, 2003. "Toward a Theory of Asset Subscription," Finance 0303001, EconWPA.
  2. John Giles & Albert Park & Fang Cai, 2003. "How has Economic Restructuring Affected China’s Urban Workers?," William Davidson Institute Working Papers Series 2003-628, William Davidson Institute at the University of Michigan.

2002

  1. Reza Vaez-Zadeh & Danyang Xie & Edda Zoli, 2002. "MODIS: A Market-Oriented Deposit Insurance Scheme," Finance 0212001, EconWPA.
  2. Danyang Xie, 2002. "Explicit Transitional Dynamics in Growth Models," GE, Growth, Math methods 0207003, EconWPA.
  3. Hongyi Li & Danyang Xie & Heng-fu Zou, 2002. "Dynamics of Income Distribution," GE, Growth, Math methods 0210001, EconWPA.
  4. Danyang Xie, 2002. "Divergence in Economic Performance: Transitional Dynamics with Multiple Equilibria," GE, Growth, Math methods 0210002, EconWPA.
  5. Danyang Xie, 2002. "Power Risk Aversion Utility Functions," International Finance 0207006, EconWPA.
  6. Chi-wa Yuen & Danyang Xie, 2002. "A Dynamic General Equilibrium Framework of Investment with Financing Constraint," Macroeconomics 0207009, EconWPA.
  7. Shantayanan Devarajan & Danyang Xie & Heng-Fu Zou, 2002. "Should Public Capital Be Subsidized or Provided?," Macroeconomics 0212005, EconWPA.
  8. Danyang Xie, 2002. "On Time Inconsistency: A Technical Issue in Stackelberg Differential Games," Macroeconomics 0212004, EconWPA.
  9. Danyang Xie, 2002. "To B or Not To B: A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model," GE, Growth, Math methods 0207002, EconWPA.
  10. David Cook & Woon Gyu Choi, 2002. "Liability Dollarization and the Bank Balance Sheet Channel," IMF Working Papers 02/141, International Monetary Fund.
  11. Albert Park & Minggao Shen, 2002. "A Refinancing Model of Decentralization with Empirical Evidence from China," William Davidson Institute Working Papers Series 461, William Davidson Institute at the University of Michigan.
  12. Kong-Pin Chen & Shin-Hwang Chiang & Siu-Fai Leung, 2002. "Migration, Family, and Risk Diversification," Working Papers 2002_01, York University, Department of Economics.
  13. Goyal, Vidhan K. & Yamada, Takeshi, 2002. "Asset Price Shocks, Financial Constraints, and Investment: Evidence from Japan," CEI Working Paper Series 2002-11, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  14. Zhu, Tao, 2002. "Existence of Monetary Steady States in a Matching Model: Indivisible Money," Working Papers 5-02-1, Pennsylvania State University, Department of Economics.

2001

  1. Grossman, G.M. & Lai, E., 2001. "International Protection of intellectual Property," Papers 215, Princeton, Woodrow Wilson School - Public and International Affairs.
  2. Ping Wang & Danyang Xie, 2001. "Activation of a Modern Industry," Vanderbilt University Department of Economics Working Papers 0135, Vanderbilt University Department of Economics.
  3. Albert Park & Minggao Shen, 2001. "Joint Liability Lending and the Rise and Fall of China's Township and Village Enterprises," William Davidson Institute Working Papers Series 462, William Davidson Institute at the University of Michigan.

2000

  1. Eric Bond & Stephen Ching & Edwin L. C. Lai, 2000. "Accession Rules and Trade Agreements: The Case of the WTO," Econometric Society World Congress 2000 Contributed Papers 1626, Econometric Society.

1999

  1. Danyang Xie & Heng-fu Zou & Hamid Davoodi, 1999. "Fiscal Decentralization and Economic Growth in the United States," CEMA Working Papers 109, China Economics and Management Academy, Central University of Finance and Economics.
  2. Albert Park and Kaja Sehrt & Albert Park and Kaja Sehrt, 1999. "Tests of Financial Intermediation and Banking Reform in China," William Davidson Institute Working Papers Series 270, William Davidson Institute at the University of Michigan.

1998

  1. Suwen Pan & Albert Park, 1998. "Collective Ownership and Privatization of China's Village Enterprises," William Davidson Institute Working Papers Series 141, William Davidson Institute at the University of Michigan.

1997

  1. Sergio Rebelo & Danyang Xie, 1997. "On the Optimality of Interest Rate Smoothing," NBER Working Papers 5947, National Bureau of Economic Research, Inc.
  2. Piyabha Kongsamut & Sergio Rebelo & Danyang Xie, 1997. "Beyond Balanced Growth," NBER Working Papers 6159, National Bureau of Economic Research, Inc.
  3. Albert Park & Loren Brandt & John Giles, 1997. "Giving Credit Where Credit is Due: The Changing Role of Rural Financial Institutions in China," William Davidson Institute Working Papers Series 71, William Davidson Institute at the University of Michigan.

1996

  1. Leung, S.F. & Yu, S., 1996. "Collinearity and Two-Step Estimation of Sample Selection Models: Problems, Origins and Remedies," RCER Working Papers 419, University of Rochester - Center for Economic Research (RCER).
  2. Yum K. Kwan & Francis T. Lui, 1996. "Hong Kong's Currency Board and Changing Monetary Regimes," NBER Working Papers 5723, National Bureau of Economic Research, Inc.

1994

  1. Benhabib, Jess & Perli, Roberto & Xie, Danyang, 1994. "Monopolistic competition, indeterminacy and growth," MPRA Paper 37411, University Library of Munich, Germany, revised 1994.
  2. Leung, S.F., 1994. "Uncertain Lifetime and Saving," RCER Working Papers 381, University of Rochester - Center for Economic Research (RCER).

1993

  1. Leung, S.F. & Yu, S., 1993. "A New Regression Specification Error Test," RCER Working Papers 365, University of Rochester - Center for Economic Research (RCER).
  2. Leung, S.F., 1993. "Dynamic Deterence Theory," RCER Working Papers 366, University of Rochester - Center for Economic Research (RCER).

1992

  1. Leung, S.F., 1992. "An Economic Analsysis of the Age-Crime Profile," RCER Working Papers 321, University of Rochester - Center for Economic Research (RCER).
  2. Leung, S.F. & Yu, S., 1992. "On the Choice Between Sample Selection and Two-Part Models," RCER Working Papers 337, University of Rochester - Center for Economic Research (RCER).
  3. Leung, S.F., 1992. "Uncertain Lifetime, the Theory of the Consumer, and the Life Cycle Hypothesis," RCER Working Papers 323, University of Rochester - Center for Economic Research (RCER).

1991

  1. Leung, S.F., 1991. "How to Make the Fine Fit the Corporate Crime? An Analysis of Static and Dynamic Optimal Punishment Theories," RCER Working Papers 261, University of Rochester - Center for Economic Research (RCER).

1989

  1. Leung, S.F. & Wong, W.H., 1989. "Nonparametric Hazard Estimation With Time Varying Discrete Covariates," RCER Working Papers 181, University of Rochester - Center for Economic Research (RCER).
  2. Leung, S.F., 1989. "Transversality Condition And Optimality In A Class Of Infinite Horizon Continuous Time Economic Models," RCER Working Papers 193, University of Rochester - Center for Economic Research (RCER).

Undated

  1. Jianjun Miao & Danyang Xie, . "Monetary Policy and Economic Growth under Money Illusion," Boston University - Department of Economics - Working Papers Series wp2007-045, Boston University - Department of Economics.
  2. Emily Hannum & Albert Park & Alan de Brauw & Scott Rozelle, . "Returns to Education in Rural China," REAP Papers 22569, Rural Education Action Project at Stanford University.
  3. Jianjun Miao & Pengfei Wang, . "Lumpy Investment and Corporate Tax Policy," Boston University - Department of Economics - Working Papers Series wp2009-016, Boston University - Department of Economics.

Journal articles

2014

  1. Abhijeet Singh & Albert Park & Stefan Dercon, 2014. "School Meals as a Safety Net: An Evaluation of the Midday Meal Scheme in India," Economic Development and Cultural Change, University of Chicago Press, vol. 62(2), pages 275 - 306.
  2. Lim, Wooyoung & Matros, Alexander & Turocy, Theodore L., 2014. "Bounded rationality and group size in Tullock contests: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 99(C), pages 155-167.
  3. Massa, Massimo & Žaldokas, Alminas, 2014. "Investor base and corporate borrowing: Evidence from international bonds," Journal of International Economics, Elsevier, vol. 92(1), pages 95-110.

2013

  1. Lai, Edwin L.-C. & Yan, Isabel K.M., 2013. "Would global patent protection be too weak without international coordination?," Journal of International Economics, Elsevier, vol. 89(1), pages 42-54.
  2. Miao, Jianjun & Xie, Danyang, 2013. "Economic growth under money illusion," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 84-103.
  3. Ping Wang & Danyang Xie, 2013. "Real Effects of Money Growth and Optimal Rate of Inflation in a Cash‐in‐Advance Economy with Labor‐Market Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(8), pages 1517-1546, December.
  4. David Cook & Michael B. Devereux, 2013. "Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 190-228, July.
  5. Hongbin Cai & Hongbin Li & Albert Park & Li-An Zhou, 2013. "Family Ties and Organizational Design: Evidence from Chinese Private Firms," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 850-867, July.
  6. Wang, Yong, 2013. "Fiscal decentralization, endogenous policies, and foreign direct investment: Theory and evidence from China and India," Journal of Development Economics, Elsevier, vol. 103(C), pages 107-123.
  7. Zheng Liu & Pengfei Wang & Tao Zha, 2013. "Land‐Price Dynamics and Macroeconomic Fluctuations," Econometrica, Econometric Society, vol. 81(3), pages 1147-1184, 05.
  8. Benhabib, Jess & Wang, Pengfei, 2013. "Financial constraints, endogenous markups, and self-fulfilling equilibria," Journal of Monetary Economics, Elsevier, vol. 60(7), pages 789-805.
  9. Ying-Ju Chen & Xiaojian Zhao, 2013. "Solution Concepts of Principal-Agent Models with Unawareness of Actions," Games, MDPI, Open Access Journal, vol. 4(3), pages 508-531, August.
  10. Amore, Mario Daniele & Schneider, Cédric & Žaldokas, Alminas, 2013. "Credit supply and corporate innovation," Journal of Financial Economics, Elsevier, vol. 109(3), pages 835-855.

2012

  1. Carrasco, L. Roman & Cook, David & Baker, Richard & MacLeod, Alan & Knight, Jon D. & Mumford, John D., 2012. "Towards the integration of spread and economic impacts of biological invasions in a landscape of learning and imitating agents," Ecological Economics, Elsevier, vol. 76(C), pages 95-103.
  2. Choi, Woon Gyu & Cook, David, 2012. "Fire sales and the financial accelerator," Journal of Monetary Economics, Elsevier, vol. 59(4), pages 336-351.
  3. Lai, Ernest K. & Lim, Wooyoung, 2012. "Authority and communication in the laboratory," Games and Economic Behavior, Elsevier, vol. 74(2), pages 541-560.
  4. Lim, Wooyoung, 2012. "Selling authority," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 393-415.
  5. Pengfei Wang & Yi Wen, 2012. "Hayashi Meets Kiyotaki and Moore: A Theory of Capital Adjustment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 207-225, April.
  6. Pengfei Wang, 2012. "Understanding Expectation‐Driven Fluctuations: A Labor‐Market Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 487-506, 03.
  7. Pengfei Wang & Yi Wen, 2012. "Speculative Bubbles and Financial Crises," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(3), pages 184-221, July.
  8. Jianjun Miao & Pengfei Wang, 2012. "Bubbles and Total Factor Productivity," American Economic Review, American Economic Association, vol. 102(3), pages 82-87, May.
  9. Ernst-Ludwig Von Thadden & Xiaojian Zhao, 2012. "Incentives for Unaware Agents," Review of Economic Studies, Oxford University Press, vol. 79(3), pages 1151-1174.

2011

  1. Cook, David & Devereux, Michael B., 2011. "Optimal fiscal policy in a world liquidity trap," European Economic Review, Elsevier, vol. 55(4), pages 443-462, May.
  2. David Cook, 2011. "Markups and the Euro," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1440-1452, November.
  3. Cook, David & Devereux, Michael B., 2011. "Cooperative fiscal policy at the zero lower bound," Journal of the Japanese and International Economies, Elsevier, vol. 25(4), pages 465-486.
  4. David Cook, 2011. "Comments on ‘Financial and Monetary Cooperation in Asia: Challenges after the Global Financial Crisis’ by Soyoung Kim and Doo Yong Yang," International Economic Journal, Taylor & Francis Journals, vol. 25(4), pages 589-591, December.
  5. Eiji Mangyo & Albert Park, 2011. "Relative Deprivation and Health: Which Reference Groups Matter?," Journal of Human Resources, University of Wisconsin Press, vol. 46(3), pages 459-481.
  6. Xu, Juanyi, 2011. "The optimal currency basket under vertical trade," Journal of International Money and Finance, Elsevier, vol. 30(7), pages 1323-1340.
  7. Pengfei Wang & Yi Wen, 2011. "Understanding the Effects of Technology Shocks," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 705-724, October.
  8. Wang, Peng-fei & Wen, Yi, 2011. "Volatility, growth, and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1696-1709, October.
  9. Vidhan K. Goyal & Alessandro Nova & Laura Zanetti, 2011. "Capital Market Access and Financing of Private Firms," International Review of Finance, International Review of Finance Ltd., vol. 11(2), pages 155-179, 06.
  10. Yao Amber Li & John Whalley & Shunming Zhang & Xiliang Zhao, 2011. "The Higher Educational Transformation of China and Its Global Implications," The World Economy, Wiley Blackwell, vol. 34(4), pages 516-545, 04.
  11. Zhao, Xiaojian, 2011. "Framing contingencies in contracts," Mathematical Social Sciences, Elsevier, vol. 61(1), pages 31-40, January.
  12. Kung, James Kai-sing & Li, Nan, 2011. "Commercialization as exogenous shocks: The effect of the soybean trade and migration in Manchurian villages, 1895–1934," Explorations in Economic History, Elsevier, vol. 48(4), pages 568-589.
  13. Jushan Bai & Peng Wang, 2011. "Conditional Markov chain and its application in economic time series analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(5), pages 715-734, 08.

2010

  1. Xie, Danyang, 2010. "Subscription of shares," International Journal of Industrial Organization, Elsevier, vol. 28(3), pages 271-277, May.
  2. Albert Park & Dean Yang & Xinzheng Shi & Yuan Jiang, 2010. "Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis," The Review of Economics and Statistics, MIT Press, vol. 92(4), pages 822-842, November.
  3. Park, Albert & Wang, Sangui, 2010. "Community-based development and poverty alleviation: An evaluation of China's poor village investment program," Journal of Public Economics, Elsevier, vol. 94(9-10), pages 790-799, October.
  4. Michael B. Devereux & Kang Shi & Juanyi Xu, 2010. "Oil Currency and the Dollar Standard: A Simple Analytical Model of an International Trade Currency," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(4), pages 521-550, 06.
  5. Xu, Juanyi, 2010. "Noise traders, exchange rate disconnect puzzle, and the Tobin tax," Journal of International Money and Finance, Elsevier, vol. 29(2), pages 336-357, March.
  6. Shi, Kang & Xu, Juanyi, 2010. "Intermediate goods trade and exchange rate pass-through," Journal of Macroeconomics, Elsevier, vol. 32(2), pages 571-583, June.
  7. Shi, Kang & Xu, Juanyi, 2010. "Twin dollarization and exchange rate policy," Journal of International Economics, Elsevier, vol. 81(1), pages 109-121, May.
  8. Bae, Kee-Hong & Goyal, Vidhan K., 2010. "Equity market liberalization and corporate governance," Journal of Corporate Finance, Elsevier, vol. 16(5), pages 609-621, December.
  9. Chow, Gregory C. & Wang, Peng, 2010. "The empirics of inflation in China," Economics Letters, Elsevier, vol. 109(1), pages 28-30, October.
  10. Wang, Shaoping & Wang, Peng & Yang, Jisheng & Li, Zinai, 2010. "A generalized nonlinear IV unit root test for panel data with cross-sectional dependence," Journal of Econometrics, Elsevier, vol. 157(1), pages 101-109, July.

2009

  1. Edwin Lai & Raymond Riezman & Ping Wang, 2009. "Outsourcing of innovation," Economic Theory, Springer, vol. 38(3), pages 485-515, March.
  2. Li, Hongyi & Wei, Xiangdong & Xie, Danyang, 2009. "Competitiveness of the Hong Kong economy," China Economic Review, Elsevier, vol. 20(3), pages 573-586, September.
  3. Cook, David, 2009. "The puzzling dual of the uncovered interest parity puzzle evidence from Pacific Rim capital flows," International Review of Economics & Finance, Elsevier, vol. 18(3), pages 449-456, June.
  4. Cook, David E. & Devereux, Michael B., 2009. "Introduction to the special issue of IREF on macroeconomics of Asia," International Review of Economics & Finance, Elsevier, vol. 18(3), pages 363-365, June.
  5. Lim, Wooyoung & Matros, Alexander, 2009. "Contests with a stochastic number of players," Games and Economic Behavior, Elsevier, vol. 67(2), pages 584-597, November.
  6. Leung, Siu Fai, 2009. "Cake eating, exhaustible resource extraction, life-cycle saving, and non-atomic games: Existence theorems for a class of optimal allocation problems," Journal of Economic Dynamics and Control, Elsevier, vol. 33(6), pages 1345-1360, June.
  7. Kang Shi & Juanyi Xu, 2009. "Entry cost, the Tobin tax, and noise trading in the foreign exchange market," Canadian Journal of Economics, Canadian Economics Association, vol. 42(4), pages 1501-1526, November.
  8. Kee-Hong Bae & Vidhan K. Goyal, 2009. "Creditor Rights, Enforcement, and Bank Loans," Journal of Finance, American Finance Association, vol. 64(2), pages 823-860, 04.
  9. Murray Z. Frank & Vidhan K. Goyal, 2009. "Capital Structure Decisions: Which Factors Are Reliably Important?," Financial Management, Financial Management Association International, vol. 38(1), pages 1-37, 03.
  10. Francis T. Lui, 2009. "Comment on "Ultrasonography and Sex Ratios in China"," Asian Economic Policy Review, Japan Center for Economic Research, vol. 4(1), pages 138-139.

2008

  1. Gene M. Grossman & Edwin L.-C. Lai, 2008. "Parallel imports and price controls," RAND Journal of Economics, RAND Corporation, vol. 39(2), pages 378-402.
  2. Edwin Lai, 2008. "The international product cycle and globalization of production," Staff Papers, Federal Reserve Bank of Dallas, issue May.
  3. Lai, Edwin, 2008. "International Public Goods and Transfer of Technology Under a Globalized Intellectual Property Regime edited by Keith E. Maskus and Jerome H. Reichman Cambridge: Cambridge University Press, 2005," World Trade Review, Cambridge University Press, vol. 7(03), pages 576-579, July.
  4. Edwin Lai, 2008. "Intellectual property protection in a globalizing era," Economic Letter, Federal Reserve Bank of Dallas, vol. 3(mar).
  5. Koji Shimomura & Danyang Xie, 2008. "Advances on Stackelberg open-loop and feedback strategies," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(1), pages 115-133.
  6. Xie Danyang, 2008. "Technological Progress and the Urbanization Process," The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-25, May.
  7. Haizhou Huang & Danyang Xie, 2008. "Fiscal Sustainability and Fiscal Soundness," Annals of Economics and Finance, Society for AEF, vol. 9(2), pages 239-251, November.
  8. Chue, Timothy K. & Cook, David, 2008. "Emerging market exchange rate exposure," Journal of Banking & Finance, Elsevier, vol. 32(7), pages 1349-1362, July.
  9. Chue, Timothy K. & Cook, David, 2008. "Sudden stops and liability dollarization: Evidence from Asia's financial intermediaries," Pacific-Basin Finance Journal, Elsevier, vol. 16(4), pages 436-452, September.
  10. Park, Albert & Shen, Minggao, 2008. "Refinancing and decentralization: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 66(3-4), pages 703-730, June.
  11. Nicolò, Antonio & Yu, Yan, 2008. "Strategic divide and choose," Games and Economic Behavior, Elsevier, vol. 64(1), pages 268-289, September.
  12. Wang, Pengfei & Wen, Yi, 2008. "Imperfect competition and indeterminacy of aggregate output," Journal of Economic Theory, Elsevier, vol. 143(1), pages 519-540, November.
  13. Tim Adam & Vidhan K. Goyal, 2008. "The Investment Opportunity Set And Its Proxy Variables," Journal of Financial Research, Southern Finance Association & Southwestern Finance Association, vol. 31(1), pages 41-63.
  14. Zhu, Tao, 2008. "Equilibrium concepts in the large-household model," Theoretical Economics, Econometric Society, vol. 3(2), June.
  15. Zhu, Tao, 2008. "An overlapping-generations model with search," Journal of Economic Theory, Elsevier, vol. 142(1), pages 318-331, September.

2007

  1. Yan Yu, 2007. "Serial cost sharing of an excludable public good available in multiple units," Social Choice and Welfare, Springer, vol. 29(3), pages 539-555, October.
  2. Leung, Siu Fai, 2007. "The existence, uniqueness, and optimality of the terminal wealth depletion time in life-cycle models of saving under uncertain lifetime and borrowing constraint," Journal of Economic Theory, Elsevier, vol. 134(1), pages 470-493, May.
  3. Devereux, Michael B. & Shi, Kang & Xu, Juanyi, 2007. "Global monetary policy under a dollar standard," Journal of International Economics, Elsevier, vol. 71(1), pages 113-132, March.
  4. Kang Shi & Juanyi Xu, 2007. "Optimal Monetary Policy with Vertical Production and Trade," Review of International Economics, Wiley Blackwell, vol. 15(3), pages 514-537, 08.
  5. Wang, Pengfei & Wen, Yi, 2007. "Inflation dynamics: A cross-country investigation," Journal of Monetary Economics, Elsevier, vol. 54(7), pages 2004-2031, October.
  6. Zhu, Tao & Wallace, Neil, 2007. "Pairwise trade and coexistence of money and higher-return assets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 524-535, March.
  7. Wallace, Neil & Zhu, Tao, 2007. "Float on a note," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 229-246, March.

2006

  1. Gene M. Grossman & Edwin L.-C. Lai, 2006. "International Protection of Intellectual Property: Corrigendum," American Economic Review, American Economic Association, vol. 96(1), pages 456-456, March.
  2. Cook, David & Devereux, Michael B., 2006. "External currency pricing and the East Asian crisis," Journal of International Economics, Elsevier, vol. 69(1), pages 37-63, June.
  3. David Cook & Hiromi Nosaka, 2006. "Dual labor markets and business cycles," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
  4. Cook, David & Devereux, Michael B., 2006. "Accounting for the East Asian Crisis: A Quantitative Model of Capital Outflows in Small Open Economies," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(3), pages 721-749, April.
  5. Cook, David & Devereux, Michael B., 2006. "Capital inflows, fiscal discretion, and exchange rate policy," European Economic Review, Elsevier, vol. 50(8), pages 1975-1992, November.
  6. Giles, John & Park, Albert & Cai, Fang, 2006. "Reemployment of dislocated workers in urban China: The roles of information and incentives," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 582-607, September.
  7. Albert Park, 2006. "Risk and Household Grain Management in Developing Countries," Economic Journal, Royal Economic Society, vol. 116(514), pages 1088-1115, October.
  8. Yan Yu, 2006. "Public Goods Provision: On Generalizing the Jackson-Moulin Mechanism," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 8(1), pages 49-60, 01.
  9. Michael B. Devereux & Philip R. Lane & Juanyi Xu, 2006. "Exchange Rates and Monetary Policy in Emerging Market Economies," Economic Journal, Royal Economic Society, vol. 116(511), pages 478-506, 04.
  10. Wang, Peng-fei & Wen, Yi, 2006. "Another look at sticky prices and output persistence," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2533-2552, December.
  11. Joseph P. H. Fan & Vidhan K. Goyal, 2006. "On the Patterns and Wealth Effects of Vertical Mergers," The Journal of Business, University of Chicago Press, vol. 79(2), pages 877-902, March.

2005

  1. Giles, John & Park, Albert & Zhang, Juwei, 2005. "What is China's true unemployment rate?," China Economic Review, Elsevier, vol. 16(2), pages 149-170.
  2. Du, Yang & Park, Albert & Wang, Sangui, 2005. "Migration and rural poverty in China," Journal of Comparative Economics, Elsevier, vol. 33(4), pages 688-709, December.
  3. Zhang, Junsen & Zhao, Yaohui & Park, Albert & Song, Xiaoqing, 2005. "Economic returns to schooling in urban China, 1988 to 2001," Journal of Comparative Economics, Elsevier, vol. 33(4), pages 730-752, December.
  4. Yan Yu, 2005. "Public goods provision: Unit-by-unit cost-sharing rules and the core," Review of Economic Design, Springer, vol. 9(4), pages 363-376, December.
  5. Devereux, Michael B. & Shi, Kang & Xu, Juanyi, 2005. "Friedman redux: Restricting monetary policy rules to support flexible exchange rates," Economics Letters, Elsevier, vol. 87(3), pages 291-299, June.
  6. Wang, Peng-fei & Wen, Yi, 2005. "Endogenous money or sticky prices?--comment on monetary non-neutrality and inflation dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 29(8), pages 1361-1383, August.
  7. Goyal, Vidhan K., 2005. "Market discipline of bank risk: Evidence from subordinated debt contracts," Journal of Financial Intermediation, Elsevier, vol. 14(3), pages 318-350, July.
  8. Manjong Lee & Neil Wallace & Tao Zhu, 2005. "Modeling Denomination Structures," Econometrica, Econometric Society, vol. 73(3), pages 949-960, 05.
  9. Zhu, Tao, 2005. "Existence of a monetary steady state in a matching model: divisible money," Journal of Economic Theory, Elsevier, vol. 123(2), pages 135-160, August.

2004

  1. Qiu, Larry D. & Lai, Edwin L. -C., 2004. "Protection of trade for innovation: the roles of Northern and Southern Tariffs," Japan and the World Economy, Elsevier, vol. 16(4), pages 449-470, December.
  2. Gene M. Grossman & Edwin L.-C. Lai, 2004. "International Protection of Intellectual Property," American Economic Review, American Economic Association, vol. 94(5), pages 1635-1653, December.
  3. Wang, Ping & Xie, Danyang, 2004. "Activation of a modern industry," Journal of Development Economics, Elsevier, vol. 74(2), pages 393-410, August.
  4. Cook, David, 2004. "Experience and growth," Economics Letters, Elsevier, vol. 85(1), pages 53-56, October.
  5. Cook, David, 2004. "Monetary policy in emerging markets: Can liability dollarization explain contractionary devaluations?," Journal of Monetary Economics, Elsevier, vol. 51(6), pages 1155-1181, September.
  6. Choi, Woon Gyu & Cook, David, 2004. "Liability dollarization and the bank balance sheet channel," Journal of International Economics, Elsevier, vol. 64(2), pages 247-275, December.
  7. Frank, Murray Z. & Goyal, Vidhan K., 2004. "The effect of market conditions on capital structure adjustment," Finance Research Letters, Elsevier, vol. 1(1), pages 47-55, March.
  8. Vidhan K. Goyal & Takeshi Yamada, 2004. "Asset Price Shocks, Financial Constraints, and Investment: Evidence from Japan," The Journal of Business, University of Chicago Press, vol. 77(1), pages 175-200, January.
  9. Wallace, Neil & Zhu, Tao, 2004. "A commodity-money refinement in matching models," Journal of Economic Theory, Elsevier, vol. 117(2), pages 246-258, August.

2003

  1. Eric W. Bond & Stephen Ching & Edwin L.-C. Lai, 2003. "GAME-THEORETIC ANALYSIS OF CHINA's WTO ACCESSION," Pacific Economic Review, Wiley Blackwell, vol. 8(2), pages 117-125, 06.
  2. Lai, Edwin L. -C. & Qiu, Larry D., 2003. "The North's intellectual property rights standard for the South?," Journal of International Economics, Elsevier, vol. 59(1), pages 183-209, January.
  3. Kwan, Yum K. & Lai, Edwin L. -C., 2003. "Intellectual property rights protection and endogenous economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 853-873, March.
  4. Danyang Xie & Chi-Wa Yuen, 2003. "A Dynamic General Equilibrium Framework of Investment with Financing Constraint," IMF Staff Papers, Palgrave Macmillan, vol. 50(2), pages 6.
  5. Park, Albert & Shen, Minggao, 2003. "Joint liability lending and the rise and fall of China's township and village enterprises," Journal of Development Economics, Elsevier, vol. 71(2), pages 497-531, August.
  6. Park, Albert & Brandt, Loren & Giles, John, 2003. "Competition under credit rationing: theory and evidence from rural China," Journal of Development Economics, Elsevier, vol. 71(2), pages 463-495, August.
  7. Kong-Pin Chen & Shin-Hwan Chiang & Siu Fai Leung, 2003. "Migration, Family, and Risk Diversification," Journal of Labor Economics, University of Chicago Press, vol. 21(2), pages 323-352, April.
  8. Frank, Murray Z. & Goyal, Vidhan K., 2003. "Testing the pecking order theory of capital structure," Journal of Financial Economics, Elsevier, vol. 67(2), pages 217-248, February.

2002

  1. Lai, Edwin L-C, 2002. "Strategic Policy Towards Multinationals for Oligopolistic Industries," Review of International Economics, Wiley Blackwell, vol. 10(1), pages 200-214, February.
  2. David Cook, 2002. "World War II And Convergence," The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 131-138, February.
  3. Cook, David, 2002. "Market entry and international propagation of business cycles," Journal of International Economics, Elsevier, vol. 56(1), pages 155-175, January.
  4. David Cook & Michael B. Devereux, 2002. "Capital Controls in Malaysia: Effectiveness and Side Effects," Asian Economic Papers, MIT Press, vol. 1(1), pages 49-82.
  5. Park, Albert & Wang, Sangui & Wu, Guobao, 2002. "Regional poverty targeting in China," Journal of Public Economics, Elsevier, vol. 86(1), pages 123-153, October.
  6. Brown, Philip H. & Park, Albert, 2002. "Education and poverty in rural China," Economics of Education Review, Elsevier, vol. 21(6), pages 523-541, December.
  7. Albert Park & Hehui Jin & Scott Rozelle & Jikun Huang, 2002. "Market Emergence and Transition: Arbitrage, Transaction Costs, and Autarky in China's Grain Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 67-82.
  8. Siu Fai Leung, 2002. "The Dynamic Effects of Social Security on Individual Consumption, Wealth and Welfare," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 4(4), pages 581-612, October.
  9. Goyal, Vidhan K. & Park, Chul W., 2002. "Board leadership structure and CEO turnover," Journal of Corporate Finance, Elsevier, vol. 8(1), pages 49-66, January.
  10. Goyal, Vidhan K. & Lehn, Kenneth & Racic, Stanko, 2002. "Growth opportunities and corporate debt policy: the case of the U.S. defense industry," Journal of Financial Economics, Elsevier, vol. 64(1), pages 35-59, April.

2001

  1. Lai, Edwin L. -C., 2001. "Competition for foreign direct investment in the product cycle," Japan and the World Economy, Elsevier, vol. 13(1), pages 61-81, January.
  2. Kongsamut, Piyabha & Rebelo, Sergio & Xie, Danyang, 2001. "Beyond Balanced Growth," Review of Economic Studies, Wiley Blackwell, vol. 68(4), pages 869-82, October.
  3. Cook, David, 2001. "Time to enter and business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 25(8), pages 1241-1261, August.
  4. Park, Albert & Sehrt, Kaja, 2001. "Tests of Financial Intermediation and Banking Reform in China," Journal of Comparative Economics, Elsevier, vol. 29(4), pages 608-644, December.
  5. Park, Albert & Ren, Changqing, 2001. "Microfinance with Chinese Characteristics," World Development, Elsevier, vol. 29(1), pages 39-62, January.
  6. Park, Albert & Wang, Sangui, 2001. "China's poverty statistics," China Economic Review, Elsevier, vol. 12(4), pages 384-398.
  7. Siu Fai Leung & Shihti Yu, 2001. "The sensitivity of the RESET tests to disturbance autocorrelation in regression analysis," Empirical Economics, Springer, vol. 26(4), pages 721-726.
  8. Leung, Siu Fai, 2001. "The life-cycle model of saving with uncertain lifetime and borrowing constraint;: characterization and sensitivity analysis," Mathematical Social Sciences, Elsevier, vol. 42(2), pages 179-201, September.

2000

  1. Hongyi Li & Danyang Xie & Heng-Fu Zou, 2000. "Dynamics of income distribution," Canadian Journal of Economics, Canadian Economics Association, vol. 33(4), pages 937-961, November.
  2. Danyang Xie, 2000. "Power Risk Aversion Utility Functions," Annals of Economics and Finance, Society for AEF, vol. 1(2), pages 265-282, November.
  3. Siu Fai Leung, 2000. "Why Do Some Households Save So Little? A Rational Explanation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(4), pages 771-800, October.
  4. Siu Fai Leung & Shihti Yu, 2000. "Collinearity and Two-Step Estimation of Sample Selection Models: Problems, Origins, and Remedies," Computational Economics, Society for Computational Economics, vol. 15(3), pages 173-199, June.

1999

  1. Furusawa, Taiji & Lai, Edwin L. -C., 1999. "Adjustment costs and gradual trade liberalization," Journal of International Economics, Elsevier, vol. 49(2), pages 333-361, December.
  2. Rebelo, Sergio & Xie, Danyang, 1999. "On the optimality of interest rate smoothing," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 263-282, April.
  3. Xie, Danyang & Zou, Heng-fu & Davoodi, Hamid, 1999. "Fiscal Decentralization and Economic Growth in the United States," Journal of Urban Economics, Elsevier, vol. 45(2), pages 228-239, March.
  4. Cook, David, 1999. "The liquidity effect and money demand," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 377-390, April.
  5. Cook, David, 1999. "Real Propagation of Monetary Shocks: Dynamic Complementarities and Capital Utilization," Macroeconomic Dynamics, Cambridge University Press, vol. 3(03), pages 368-383, September.
  6. Cai, Jun & Cheung, Yan-Leung & Goyal, Vidhan K., 1999. "Bank monitoring and the maturity structure of Japanese corporate debt issues," Pacific-Basin Finance Journal, Elsevier, vol. 7(3-4), pages 229-249, August.
  7. Isaac Ehrlich & Francis T. Lui, 1999. "Bureaucratic Corruption and Endogenous Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages S270-S293, December.

1998

  1. Lai, Edwin L. -C., 1998. "International intellectual property rights protection and the rate of product innovation," Journal of Development Economics, Elsevier, vol. 55(1), pages 133-153, February.
  2. Lai, Edwin L-C, 1998. " Schumpeterian Growth with Gradual Product Obsolescence," Journal of Economic Growth, Springer, vol. 3(1), pages 81-103, March.
  3. Xie, Danyang, 1998. "An Endogenous Growth Model with Expanding Ranges of Consumer Goods and Producer Durables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(2), pages 439-60, May.
  4. Devarajan, Shantayanan & Danyang, Xie & Zou, Heng-fu, 1998. "Should public capital be subsidized or provided?," Journal of Monetary Economics, Elsevier, vol. 41(2), pages 319-331, April.
  5. Rozelle, Scott & Park, Albert & Benziger, Vincent & Changqing Ren, 1998. "Targeted poverty investments and economic growth in China," World Development, Elsevier, vol. 26(12), pages 2137-2151, December.
  6. Park, Albert, 1998. "Christine P. W. Wong (Ed.), Financing Local Government in the People's Republic of China," Journal of Comparative Economics, Elsevier, vol. 26(3), pages 603-605, September.
  7. Albert Park & Scott Rozelle, 1998. "Reforming state-market relations in rural China," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 6(2), pages 461-480, November.
  8. Goyal, Vidhan K. & Gollapudi, Neela & Ogden, Joseph P., 1998. "A corporate bond innovation of the 90s: The clawback provision in high-yield debt," Journal of Corporate Finance, Elsevier, vol. 4(4), pages 301-320, December.
  9. Ehrlich, Isaac & Lui, Francis T, 1998. "Social Security, the Family, and Economic Growth," Economic Inquiry, Western Economic Association International, vol. 36(3), pages 390-409, July.

1997

  1. Xie, Danyang, 1997. "On Time Inconsistency: A Technical Issue in Stackelberg Differential Games," Journal of Economic Theory, Elsevier, vol. 76(2), pages 412-430, October.
  2. Scott Rozelle & Albert Park & Jikun Huang & Hehui Jin, 1997. "Liberalization and Rural Market Integration in China," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 635-642.
  3. Ehrlich, Isaac & Lui, Francis, 1997. "The problem of population and growth: A review of the literature from Malthus to contemporary models of endogenous population and endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 205-242, January.

1996

  1. Horowitz, Andrew W & Lai, Edwin L-C, 1996. "Patent Length and the Rate of Innovation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(4), pages 785-801, November.
  2. Leung, Siu Fai & Yu, Shihti, 1996. "On the choice between sample selection and two-part models," Journal of Econometrics, Elsevier, vol. 72(1-2), pages 197-229.
  3. Francis T. Lui, 1996. "Three Aspects Of Corruption," Contemporary Economic Policy, Western Economic Association International, vol. 14(3), pages 26-29, 07.

1995

  1. Lai, Edwin L-C, 1995. "Learning by Doing, Technology Choice, and Export Promotion," Review of International Economics, Wiley Blackwell, vol. 3(2), pages 186-98, June.
  2. Lai, Edwin L. C., 1995. "The product cycle and the world distribution of income A reformulation," Journal of International Economics, Elsevier, vol. 39(3-4), pages 369-382, November.
  3. Park, Albert & Johnston, Bruce, 1995. "Rural Development and Dynamic Externalities in Taiwan's Structural Transformation," Economic Development and Cultural Change, University of Chicago Press, vol. 44(1), pages 180-208, October.
  4. Siu Fai Leung, 1995. "A distinction between continuous-time and discrete-time models of uncertain lifetime," Economics Letters, Elsevier, vol. 47(3-4), pages 291-296, March.
  5. Leung, Siu Fai, 1995. "Dynamic Deterrence Theory," Economica, London School of Economics and Political Science, vol. 62(245), pages 65-87, February.
  6. Goyal, Vidhan & Hwang, Chuan-Yang & Jayaraman, Narayanan & Shastri, Kuldeep, 1995. "The ex-date impact of rights offerings. The evidence from firms listed on the Tokyo stock exchange," Pacific-Basin Finance Journal, Elsevier, vol. 3(1), pages 142-142, May.

1994

  1. Xie Danyang, 1994. "Divergence in Economic Performance: Transitional Dynamics with Multiple Equilibria," Journal of Economic Theory, Elsevier, vol. 63(1), pages 97-112, June.
  2. Park, Albert & Rozelle, Scott & Cai, Fang, 1994. "China's grain policy reforms: Implications for equity, stabilization, and efficiency," China Economic Review, Elsevier, vol. 5(1), pages 15-33.
  3. Leung, Siu Fai, 1994. "Uncertain Lifetime, the Theory of the Consumer, and the Life Cycle Hypothesis," Econometrica, Econometric Society, vol. 62(5), pages 1233-39, September.
  4. Leung, Siu Fai, 1994. "Will Sex Selection Reduce Fertility?," Journal of Population Economics, Springer, vol. 7(4), pages 379-92, November.
  5. Leung, Siu Fai, 1994. "An economic analysis of the age-crime profile," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 481-497, March.

1993

  1. Rivera-Batiz, Luis A. & Xie, Danyang, 1993. "Integration among unequals," Regional Science and Urban Economics, Elsevier, vol. 23(3), pages 337-354, July.
  2. Leung, Siu Fai, 1993. "Optimality for Controlled Jump Processes: A Simple Approach," Economic Theory, Springer, vol. 3(4), pages 765-74, October.

1992

  1. Rivera-Batiz, Luis A & Xie, Danyang, 1992. "GATT, Trade, and Growth," American Economic Review, American Economic Association, vol. 82(2), pages 422-27, May.
  2. Xie, Danyang, 1992. "Mathematical induction applied of Leontief systems," Economics Letters, Elsevier, vol. 39(4), pages 405-408, August.
  3. Lin, Y. Joseph & Lui, Francis T., 1992. "Matching and a technology-induced skewness in income distributions," Mathematical Social Sciences, Elsevier, vol. 25(1), pages 1-13, December.

1991

  1. Xie, Danyang, 1991. "Increasing Returns and Increasing Rates of Growth," Journal of Political Economy, University of Chicago Press, vol. 99(2), pages 429-35, April.
  2. Leung, Siu Fai, 1991. "A Stochastic Dynamic Analysis of Parental Sex Preferences and Fertility," The Quarterly Journal of Economics, MIT Press, vol. 106(4), pages 1063-88, November.
  3. Leung, Siu Fai, 1991. "Transversality condition and optimality in a class of infinite horizon continuous time economic models," Journal of Economic Theory, Elsevier, vol. 54(1), pages 224-233, June.
  4. Leung, Siu Fai, 1991. "How to make the fine fit the corporate crime? : An analysis of static and dynamic optimal punishment theories," Journal of Public Economics, Elsevier, vol. 45(2), pages 243-256, July.
  5. Lin, Y. Joseph & Lui, Francis T., 1991. "Elitist matching and skewness in income distributions," Economics Letters, Elsevier, vol. 36(4), pages 361-364, August.
  6. Ehrlich, Isaac & Lui, Francis T, 1991. "Intergenerational Trade, Longevity, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1029-59, October.

1990

  1. Leung, Siu Fai & Wong, Wing Hung, 1990. "Nonparametric hazard estimation with time-varying discrete covariates," Journal of Econometrics, Elsevier, vol. 45(3), pages 309-330.

1986

  1. Lui, Francis T., 1986. "A dynamic model of corruption deterrence," Journal of Public Economics, Elsevier, vol. 31(2), pages 215-236, November.

1985

  1. Lui, Francis T, 1985. "An Equilibrium Queuing Model of Bribery," Journal of Political Economy, University of Chicago Press, vol. 93(4), pages 760-81, August.

1983

  1. Lui, Francis T, 1983. "Cagan's Hypothesis and the First Nationwide Inflation of Paper Money in World History," Journal of Political Economy, University of Chicago Press, vol. 91(6), pages 1067-74, December.

Chapters

2012

  1. David Cook & James Yetman, 2012. "Expanding central bank balance sheets in emerging Asia: a compendium of risk and some evidence," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 30-75 Bank for International Settlements.

2011

  1. Pengfei Wang, 2011. "Comment on "Oil Shocks in A DSGE Model for the Korean Economy"," NBER Chapters, in: Commodity Prices and Markets, East Asia Seminar on Economics, Volume 20, pages 323-324 National Bureau of Economic Research, Inc.
  2. Francis T. Lui, 2011. "Comment on "The Effects of Oil Price Changes on the Industry-Level Production and Prices in the U.S. and Japan"," NBER Chapters, in: Commodity Prices and Markets, East Asia Seminar on Economics, Volume 20, pages 231-233 National Bureau of Economic Research, Inc.

2010

  1. Francis T. Lui, 2010. "Demographic Transition, Childless Families, and Economic Growth," NBER Chapters, in: The Economic Consequences of Demographic Change in East Asia, NBER-EASE Volume 19, pages 351-373 National Bureau of Economic Research, Inc.

2009

  1. Edwin Lai, 2009. "Comment on "East Asia and Global Imbalances: Saving, Investment, and Financial Development"," NBER Chapters, in: Financial Sector Development in the Pacific Rim, East Asia Seminar on Economics, Volume 18, pages 150-155 National Bureau of Economic Research, Inc.
  2. David Cook, 2009. "Comment on "Hong Kong and Shanghai:Yesterday, Today and Tomorrow (Joint with Eric Chan)"," NBER Chapters, in: Financial Sector Development in the Pacific Rim, East Asia Seminar on Economics, Volume 18, pages 37-42 National Bureau of Economic Research, Inc.

2007

  1. Francis T. Lui, 2007. "Comment on "External Debt, Adjustment, and Growth"," NBER Chapters, in: Fiscal Policy and Management in East Asia, NBER-EASE, Volume 16, pages 221-222 National Bureau of Economic Research, Inc.
  2. Francis T. Lui, 2007. "Comment on "Puzzling Tax Structures in Devloping Countries: A Comparison of Two Alternative Explanations"," NBER Chapters, in: Fiscal Policy and Management in East Asia, NBER-EASE, Volume 16, pages 35-37 National Bureau of Economic Research, Inc.

2006

  1. Woon Gyu Choi & David Cook, 2006. "Stock Market Liquidity and the Macroeconomy: Evidence from Japan," NBER Chapters, in: Monetary Policy under Very Low Inflation in the Pacific Rim, NBER-EASE, Volume 15, pages 309-340 National Bureau of Economic Research, Inc.

2004

  1. David Li & Francis Lui, 2004. "Why Do Governments Dump State Enterprises?Evidence from China," NBER Chapters, in: Governance, Regulation, and Privatization in the Asia-Pacific Region, NBER East Asia Seminar on Economics, Volume 12, pages 211-230 National Bureau of Economic Research, Inc.

2001

  1. Yum K. Kwan & Francis T. Lui & Leonard K. Cheng, 2001. "Credibility of Hong Kong’s Currency Board: The Role of Institutional Arrangements," NBER Chapters, in: Regional and Global Capital Flows: Macroeconomic Causes and Consequences, NBER-EASE Volume 10, pages 233-259 National Bureau of Economic Research, Inc.

2000

  1. Yum K. Kwan & Francis T. Lui, 2000. "Deregulation, Profit, and Cost in Commercial Banking: The Case of Hong Kong," NBER Chapters, in: Deregulation and Interdependence in the Asia-Pacific Region, NBER-EASE Volume 8, pages 305-325 National Bureau of Economic Research, Inc.

1999

  1. Yum K. Kwan & Francis Lui, 1999. "15. Hong Kong's Currency Board and Changing Monetary Regimes," NBER Chapters, in: Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues (NBER-EASE volume 7), pages 403-436 National Bureau of Economic Research, Inc.

Software components

2011

  1. Pengfei Wang & Yi Wen, 2011. "Code files for "Hayashi Meets Kiyotaki and Moore: A Theory of Capital Adjustment Costs"," Computer Codes 10-200, Review of Economic Dynamics.

2010

  1. Pengfei Wang & Yi Wen, 2010. "Code and data files for "Understanding the Effects of Technology Shocks"," Computer Codes 09-148, Review of Economic Dynamics.