Research
Publications
Coordinated Firm-Level Work Processes and Macroeconomic Resilience, Journal of Monetary Economics, 2023, 137: 107-127. (with Moritz Kuhn, Iourii Manovskii, Xincheng Qiu) [PDF]
Conduct a new employer survey on the coordination of work processes linked to German administrative data
Show employers with a more coordinated work process are more productive, pay higher wages, experience lower worker turnover, and suffer more during the Covid crisis
Forward Guidance, Journal of Monetary Economics, 2019, 102: 1-23. (with Marcus Hagedorn, Iourii Manovskii, Kurt Mitman) [PDF]
Clarify theoretically ambiguous conclusions from previous research about the effectiveness of forward guidance
Show the effects of forward guidance are negligible in the presence of the empirically relevant wage rigidities and a partially nominal government budget
Revisiting Border Effect: Evidence from Taobao.com in China, Emerging Markets Finance and Trade, 2016, 52(1): 22-38. (with Qin Li and Mingzhi Li) [PDF]
Use the difference between the border effect in online and offline trade to measure government protectionism in the offline market of China
Working Papers
Trade-Induced Spatial Divergence (with Jonas Casper, Lei Li)
Clustering as a Shield: Trade War and Economic Resilience (with Liyan Han, Ying Li, Lei Li) [new draft coming soon]
Worker Turnover and Employment Fluctuations [new draft coming soon]
Institutions Do Not Rule: Reassessing the Driving Forces of Economic Development, (with Yi Wen) [PDF][SSRN][Online Appendix]
Selected Work in Progress
Wealth, Wages, and Employment (with Cesar Urquizo Ubillus, Per Krusell, Jose-Victor Rios-Rull)
Star-biased Technological Progress (with Peter Elmgren, Liisa Laine, Hongyu Zhang)
Market-Firm Co-evolution (with Yi Wen)
Production Organization (with Moritz Kuhn, Iourii Manovskii, Xincheng Qiu)
Creative Destruction Meets Aging Labor Force (with Leanne Nam)