Publications

by members of

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

Working papers

2009

1. Jiahua Che & Gerald Willmann, 2009. "The Economics of a Multilateral Investment Agreement," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
2. Hiroshi Fujiki & Migiwa Tanaka, 2009. "Demand for Currency, New Technology and the Adoption of Electronic Money: Evidence Using Individual Household Data," IMES Discussion Paper Series 09-E-27, Institute for Monetary and Economic Studies, Bank of Japan. [Downloadable!]
3. Guo, Xinqiang & Xu, Zhiwei, 2009. "Consumer Confidence, News and Consumption Stimulation," MPRA Paper 14809, University Library of Munich, Germany. [Downloadable!]

2008

1. Edwin Lai, 2008. "Globalization of production and the technology transfer paradox," Working Papers 0810, Federal Reserve Bank of Dallas. [Downloadable!]
2. Edwin L.-C. Lai, 2008. "The most-favored nation rule in club enlargement negotiation," Working Papers 0815, Federal Reserve Bank of Dallas. [Downloadable!]
3. David Cook & Woon Gyu Choi, 2008. "New Keynesian Exchange Rate Pass-Through," IMF Working Papers 08/213, International Monetary Fund. [Downloadable!]
4. Migiwa Tanaka, 2008. "Deflation in Durable Goods Markets: An Empirical Model of the Tokyo Condominium Market," IMES Discussion Paper Series 08-E-02, Institute for Monetary and Economic Studies, Bank of Japan. [Downloadable!]
5. Xu, Zhiwei, 2008. "Univariate Unobserved-Component Model with Non-Random Walk Permanent Component," MPRA Paper 12038, University Library of Munich, Germany. [Downloadable!]

2007

1. David Cook & Woon Gyu Choi, 2007. "Financial Market Risk and U.S. Money Demand," IMF Working Papers 07/89, International Monetary Fund. [Downloadable!]
2. Jiahua Che & Giovanni Facchini, 2007. "Dual Track Reforms: With and Without Losers," Economics Discussion Papers 646, University of Essex, Department of Economics. [Downloadable!]
3. Jiahua Che & Giovanni Facchini, 2007. "Cultural Differences, Insecure Property Rights and the Mode of Entry Decision," Economics Discussion Papers 645, University of Essex, Department of Economics. [Downloadable!]

2006

1. Grossman, Gene & Lai, Edwin, 2006. "Parallel Imports and Price Controls," CEPR Discussion Papers 5779, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
2. Antonio Nicolo' & Yan Yu, 2006. "Strategic Divide and Choose," "Marco Fanno" Working Papers 0022, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]

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. [Downloadable!]
2. David Cook & Woon Gyu Choi, 2005. "Stock Market Liquidity and the Macroeconomy: Evidence from Japan," IMF Working Papers 05/6, International Monetary Fund. [Downloadable!]
3. David Cook & Hiromi Nosaka, 2005. "Dual labor markets and business cycles," Working Paper Series 2006-36, Federal Reserve Bank of San Francisco. [Downloadable!]

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. [Downloadable!]
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. [Downloadable!] (restricted)
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. [Downloadable!]
4. David Cook & Michael B. Devereux, 2004. "Dollar bloc or dollar block: external currency pricing and the East Asian crisis," Pacific Basin Working Paper Series 2004-35, Federal Reserve Bank of San Francisco. [Downloadable!]
5. Son Kim & Cheng-Zhong Qin & Yan Yu, 2004. "Bribery in Rank-Order Tournaments," University of California at Santa Barbara, Economics Working Paper Series wp1-03, Department of Economics, UC Santa Barbara. [Downloadable!]
6. Jiahua Che & Giovanni Facchini, 2004. "Dual Track Liberalization: With and Without Losers," William Davidson Institute Working Papers Series 2004-661, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
7. Jiahua Che & Giovanni Facchini, 2004. "Dual Track Liberalization: With and Without Losers," William Davidson Institute Working Papers Series 2004-669, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
8. Jiahua Che & Giovanni Facchini, 2004. "Dual Track Liberalization: With and without losers," Econometric Society 2004 Latin American Meetings 123, Econometric Society. [Downloadable!]
9. Che, Jiahua & Facchini, Giovanni, 2004. "Dual Track Liberalization: With and Without Losers," Working Papers 04-0100, University of Illinois at Urbana-Champaign, College of Business. [Downloadable!]

2003

1. Jiahua Che, 2003. "The Life Cycle of Government Ownership," William Davidson Institute Working Papers Series 2003-627, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

2002

1. Reza Vaez-Zadeh & Danyang Xie & Edda Zoli, 2002. "MODIS: A Market-Oriented Deposit Insurance Scheme," Finance 0212001, EconWPA. [Downloadable!]
2. Danyang Xie, 2002. "Explicit Transitional Dynamics in Growth Models," GE, Growth, Math methods 0207003, EconWPA. [Downloadable!]
3. Hongyi Li & Danyang Xie & Heng-fu Zou, 2002. "Dynamics of Income Distribution," GE, Growth, Math methods 0210001, EconWPA. [Downloadable!]
4. Danyang Xie, 2002. "Divergence in Economic Performance: Transitional Dynamics with Multiple Equilibria," GE, Growth, Math methods 0210002, EconWPA. [Downloadable!]
5. Danyang Xie, 2002. "Power Risk Aversion Utility Functions," International Finance 0207006, EconWPA. [Downloadable!]
6. Chi-wa Yuen & Danyang Xie, 2002. "A Dynamic General Equilibrium Framework of Investment with Financing Constraint," Macroeconomics 0207009, EconWPA. [Downloadable!]
7. Shantayanan Devarajan & Danyang Xie & Heng-Fu Zou, 2002. "Should Public Capital Be Subsidized or Provided?," Macroeconomics 0212005, EconWPA. [Downloadable!]
8. Danyang Xie, 2002. "On Time Inconsistency: A Technical Issue in Stackelberg Differential Games," Macroeconomics 0212004, EconWPA. [Downloadable!]
9. Edda Zoli & Reza Vaez-Zadeh & Danyang Xie, 2002. "MODIS: A Market-Oriented Deposit Insurance Scheme," IMF Working Papers 02/207, International Monetary Fund. [Downloadable!]
10. Ping Wang & Danyang Xie, 2002. "Activation of a Modern Industry," IMF Working Papers 02/15, International Monetary Fund. [Downloadable!]
11. Chi-Wa Yuen & Danyang Xie, 2002. "A Dynamic General Equilibrium Framework of Investment with Financing Constraint," IMF Working Papers 02/41, International Monetary Fund. [Downloadable!]
12. David Cook & Woon Gyu Choi, 2002. "Liability Dollarization and the Bank Balance Sheet Channel," IMF Working Papers 02/141, International Monetary Fund. [Downloadable!]
13. Kong-Pin Chen & Shin-Hwang Chiang & Siu-Fai Leung, 2002. "Migration, Family, and Risk Diversification," Working Papers 2002_01, York University, Department of Economics. [Downloadable!]
14. Jihua Che, 2002. "Rent Seeking and Government Ownership of Firms: An Application to China’s Township-Village Enterprises," William Davidson Institute Working Papers Series 497, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
15. Che, Jiahua, 2002. "From the Grabbing Hand to the Helping Hand: A Rent Seeking Model of China's Township-Village Enterprises," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
16. 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. [Downloadable!]

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," Working Papers 0135, Department of Economics, Vanderbilt University. [Downloadable!]
3. Piyabha Kongsamut & Danyang Xie & Sergio Rebelo, 2001. "Beyond Balanced Growth," IMF Working Papers 01/85, International Monetary Fund.

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. [Downloadable!]
2. Jiahua Che, 2000. "Decentralized Financing, Centralized Financing and the Dual Track System: Toward a New Theory of Soft Budget Constraints," William Davidson Institute Working Papers Series 261, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
3. Jiahua Che, 2000. "From the Grabbing Hand to the Helping Hand," William Davidson Institute Working Papers Series 58, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
4. Francis T. Lui & Leonard K. Cheng & Yum K. Kwan, 2000. "Currency Board, Asian Financial Crisis, and the Case for Structured Notes," Macroeconomics Working Papers 214, East Asian Bureau of Economic Research. [Downloadable!]

1999

1. Yum K. Kwan & Francis T. Lui, 1999. "How Well Has the Currency Board Performed? Evidence from Hong Kong," Macroeconomics Working Papers 199, East Asian Bureau of Economic Research. [Downloadable!]
2. Leonard K.Cheng & Yum K. Kwan & Francis T. Lui, 1999. "An Alternative Approach to Defending The Hong Kong Dollar," Finance Working Papers 171, East Asian Bureau of Economic Research. [Downloadable!]
3. Leonard K.Cheng & Yum K. Kwan & Francis T. Lui, 1999. "An Alternative Approach to Defending The Hong Kong Dollar," Finance Working Papers 172, East Asian Bureau of Economic Research. [Downloadable!]
4. Yum K. Kwan & Francis T. Lui & Leonard K.Cheng, 1999. "Credibility of Hong Kong's Currency Board: The Role of Institutional Arrangements," Finance Working Papers 198, East Asian Bureau of Economic Research. [Downloadable!]

1998

1. Jiahua Che & Yingyi Qian, 1998. "Institutional Environment, Community Government, and Corporate Governance: Understanding China's Township-Village Enterprises," William Davidson Institute Working Papers Series 59, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

1997

1. Sergio Rebelo & Danyang Xie, 1997. "On the Optimality of Interest Rate Smoothing," NBER Working Papers 5947, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
2. Piyabha Kongsamut & Sergio Rebelo & Danyang Xie, 1997. "Beyond Balanced Growth," NBER Working Papers 6159, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Kongsamut, P. & Rebelo, S. & Xie, D., 1997. "Beyong Balanced Growth," RCER Working Papers 438, University of Rochester - Center for Economic Research (RCER).
4. Kongsamut, Piyabha & Rebelo, Sérgio & Xie, Danyang, 1997. "Beyond Balanced Growth," CEPR Discussion Papers 1693, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
5. Jiahua Che & Yingyi Qian, 1997. "Insecure Property rights and Government Ownership of Firms," William Davidson Institute Working Papers Series 51, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

1996

1. Rebelo, S. & Xie, D., 1996. "On the Optimality of Interest Rate Smoothing," RCER Working Papers 427, University of Rochester - Center for Economic Research (RCER).
2. 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).
3. 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. [Downloadable!] (restricted)

1994

1. 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. Jiahua Che & Uday Rajan, . "Endogenous Financial Market Formation in a General Equilibrium Model," GSIA Working Papers 1997-33, Carnegie Mellon University, Tepper School of Business.
2. Jiahua Che & Yingyi Qian, . "Insecure Property Rights and Government Ownership of Firms," Working Papers 97050, Stanford University, Department of Economics. [Downloadable!]
3. Jiahua Che & Yingyi Qian, . "Institutional Environment, Community Government, and Corporate Governance: Understanding China's Township-Village Enterprises," Working Papers 97043, Stanford University, Department of Economics. [Downloadable!]

Journal articles

2009

1. Edwin Lai & Raymond Riezman & Ping Wang, 2009. "Outsourcing of innovation," Economic Theory, Springer, vol. 38(3), pages 485-515, March. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
3. Jiahua Che & Giovanni Facchini, 2009. "Cultural differences, insecure property rights and the mode of entry decision," Economic Theory, Springer, vol. 38(3), pages 465-484, March. [Downloadable!] (restricted)
4. Tanjim Hossain & John Morgan, 2009. "The Quest for QWERTY," American Economic Review, American Economic Association, vol. 99(2), pages 435-40, May. [Downloadable!]
5. Jeffrey C. Ely & Tanjim Hossain, 2009. "Sniping and Squatting in Auction Markets," American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 68-94, August. [Downloadable!]
6. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
2. Edwin Lai, 2008. "The international product cycle and globalization of production," Staff Papers, Federal Reserve Bank of Dallas, issue May. [Downloadable!]
3. Edwin Lai, 2008. "Intellectual property protection in a globalizing era," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue Mar. [Downloadable!]
4. 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. [Downloadable!]
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. [Downloadable!] (restricted)
6. Chue, Timothy K. & Cook, David, 2008. "Emerging market exchange rate exposure," Journal of Banking & Finance, Elsevier, vol. 32(7), pages 1349-1362, July. [Downloadable!] (restricted)
7. 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. [Downloadable!] (restricted)
8. Nicolò, Antonio & Yu, Yan, 2008. "Strategic divide and choose," Games and Economic Behavior, Elsevier, vol. 64(1), pages 268-289, September. [Downloadable!] (restricted)
9. Tanjim Hossain, 2008. "Learning by bidding," RAND Journal of Economics, RAND Corporation, vol. 39(2), pages 509-529. [Downloadable!] (restricted)
10. Zhu, Tao, 2008. "Equilibrium concepts in the large-household model," Theoretical Economics, Society for Economic Theory, vol. 3(2), pages 257-281, June. [Downloadable!]
11. Zhu, Tao, 2008. "An overlapping-generations model with search," Journal of Economic Theory, Elsevier, vol. 142(1), pages 318-331, September. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
3. Che, Jiahua & Facchini, Giovanni, 2007. "Dual track reforms: With and without losers," Journal of Public Economics, Elsevier, vol. 91(11-12), pages 2291-2306, December. [Downloadable!] (restricted)
4. 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. [Downloadable!] (restricted)
5. Wallace, Neil & Zhu, Tao, 2007. "Float on a note," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 229-246, March. [Downloadable!] (restricted)

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. [Downloadable!]
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. [Downloadable!] (restricted)
3. David Cook & Hiromi Nosaka, 2006. "Dual labor markets and business cycles," Proceedings, Federal Reserve Bank of San Francisco, issue Jun. [Downloadable!]
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
6. 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. [Downloadable!] (restricted)

2005

1. 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. [Downloadable!] (restricted)
2. Manjong Lee & Neil Wallace & Tao Zhu, 2005. "Modeling Denomination Structures," Econometrica, Econometric Society, vol. 73(3), pages 949-960, 05. [Downloadable!] (restricted)
3. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
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. [Downloadable!]
3. Wang, Ping & Xie, Danyang, 2004. "Activation of a modern industry," Journal of Development Economics, Elsevier, vol. 74(2), pages 393-410, August. [Downloadable!] (restricted)
4. Cook, David, 2004. "Experience and growth," Economics Letters, Elsevier, vol. 85(1), pages 53-56, October. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
7. Wallace, Neil & Zhu, Tao, 2004. "A commodity-money refinement in matching models," Journal of Economic Theory, Elsevier, vol. 117(2), pages 246-258, August. [Downloadable!] (restricted)

2003

1. Eric W. Bond & Stephen Ching & Edwin L.-C. Lai, 2003. "GAME-THEORETIC ANALYSIS OF CHINA's WTO ACCESSION," Pacific Economic Review, Blackwell Publishing, vol. 8(2), pages 117-125, 06. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
4. Danyang Xie & Chi-Wa Yuen, 2003. "A Dynamic General Equilibrium Framework of Investment with Financing Constraint," IMF Staff Papers, Palgrave Macmillan Journals, vol. 50(2), pages 6. [Downloadable!] (restricted)
5. 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. [Downloadable!]
6. Zhu, Tao, 2003. "Existence of a monetary steady state in a matching model: indivisible money," Journal of Economic Theory, Elsevier, vol. 112(2), pages 307-324, October. [Downloadable!] (restricted)

2002

1. Lai, Edwin L-C, 2002. "Strategic Policy Towards Multinationals for Oligopolistic Industries," Review of International Economics, Blackwell Publishing, vol. 10(1), pages 200-214, February. [Downloadable!] (restricted)
2. David Cook, 2002. "World War II And Convergence," The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 131-138, February. [Downloadable!] (restricted)
3. Cook, David, 2002. "Market entry and international propagation of business cycles," Journal of International Economics, Elsevier, vol. 56(1), pages 155-175, January. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
5. 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. [Downloadable!] (restricted)
6. Che, Jiahua, 2002. "Rent Seeking and Government Ownership of Firms: An Application to China's Township-Village Enterprises," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 787-811, December. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
2. Kongsamut, Piyabha & Rebelo, Sergio & Xie, Danyang, 2001. "Beyond Balanced Growth," Review of Economic Studies, Blackwell Publishing, 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. [Downloadable!] (restricted)
4. 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. [Downloadable!] (restricted)
5. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
2. 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. [Downloadable!] (restricted)
3. Siu Fai Leung & Shihti Yu, 2000. "Collinearity and Two-Step Estimation of Sample Selection Models: Problems, Origins, and Remedies," Computational Economics, Springer, vol. 15(3), pages 173-199, June. [Downloadable!]

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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
4. Cook, David, 1999. "The liquidity effect and money demand," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 377-390, April. [Downloadable!] (restricted)
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. [Downloadable!]
6. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
2. Lai, Edwin L-C, 1998. " Schumpeterian Growth with Gradual Product Obsolescence," Journal of Economic Growth, Springer, vol. 3(1), pages 81-103, March. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
5. Che, Jiahua & Qian, Yingyi, 1998. "Institutional Environment, Community Government, and Corporate Governance: Understanding China's Township-Village Enterprises," Journal of Law, Economics and Organization, Oxford University Press, vol. 14(1), pages 1-23, April.
6. Jiahua Che & Yingyi Qian, 1998. "Insecure Property Rights And Government Ownership Of Firms," The Quarterly Journal of Economics, MIT Press, vol. 113(2), pages 467-496, May. [Downloadable!] (restricted)
7. Ehrlich, Isaac & Lui, Francis T, 1998. "Social Security, the Family, and Economic Growth," Economic Inquiry, Oxford University Press, 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. [Downloadable!] (restricted)
2. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
3. Francis T. Lui, 1996. "Three Aspects Of Corruption," Contemporary Economic Policy, Western Economic Association International, vol. 14(3), pages 26-29, 07. [Downloadable!] (restricted)

1995

1. Lai, Edwin L-C, 1995. "Learning by Doing, Technology Choice, and Export Promotion," Review of International Economics, Blackwell Publishing, 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. [Downloadable!] (restricted)
3. 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. [Downloadable!] (restricted)
4. Leung, Siu Fai, 1995. "Dynamic Deterrence Theory," Economica, London School of Economics and Political Science, vol. 62(245), pages 65-87, February. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
2. 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. [Downloadable!] (restricted)
3. Leung, Siu Fai, 1994. "Will Sex Selection Reduce Fertility?," Journal of Population Economics, Springer, vol. 7(4), pages 379-92, November.
4. 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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
2. Xie, Danyang, 1992. "Mathematical induction applied of Leontief systems," Economics Letters, Elsevier, vol. 39(4), pages 405-408, August. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)
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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)

1986

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

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. [Downloadable!] (restricted)

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. [Downloadable!] (restricted)

Chapters

2008

1. Francis T. Lui, 2008. "Demographic Transition, Childless Families and Economic Growth," NBER Chapters, in: The Economic Consequences of Demographic Change in East Asia, NBER-EASE Volume 19 National Bureau of Economic Research, Inc. [Downloadable!]

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. [Downloadable!]

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. [Downloadable!]

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: Macroeconomics Causes and Consequences, NBER-EASE Volume 10, pages 233-266 National Bureau of Economic Research, Inc. [Downloadable!]

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. [Downloadable!]

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 Development Countries: Theory, Practice, and Policy Issues (NBER-EASE volume 7), pages 403-436 National Bureau of Economic Research, Inc. [Downloadable!]

This page was last updated on 2009-12-2.