​ WORKING PAPERS

The AH Premium: A Natural Experiment (with Tongbin Zhang)  

New Tests of Expectation Formation with Applications to Asset Pricing Models (with Pei Kuang and Tongbin Zhang)

The New Classical Optimal Monetary Policy Revisited

Inflation Stablization Policy with Heterogeneous Beliefs (with Donghai Zhang)

The Paradox of Price Flexibility (with Shengliang Ou, Donghai Zhang)


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WORKS IN PROGRESS

Survey Expectations and Stochastic Growth Models: Individual Level Evidence (with Pei Kuang, Li Tang, Tongbin Zhang)