Research
Working Papers
Uncertainty and Unemployment Revisited: The Consequences of Financial and Labor Contracting Frictions, February 2025
R&R, JPE MacroOptimal Intermediary Contracts, with Nabi Arjmandi, Chao Gu, and Joseph H. Haslag, December 2024
SubmittedThe Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance, with Jonathan Adams, Min Fang, and Zheng Liu, November 2024
Accepted, Carnegie-Rochester-NYU Conference (selected for Journal of Monetary Economics)
Accepted Papers
Automation and the Rise of Superstar Firms, with Hamid Firooz and Zheng Liu, January 2025
Journal of Monetary Economics
Work In Progress
Financing from Workers: Can Labor Market Power Mitigate Financial Frictions? with Yan Bai
Federal Statistical Research Data Center (FSRDC) Project
Discussions
"Financing R&D" by Chang Liu, Yuchao Peng, Zhiwei Xu, and Jinxiang Yu
Discussion Slides | China International Conference in Macroeconomics (Hong Kong), June 2024"Uncertainty, Liquidity Constraint, and Entrepreneurship" by Pengfei Wang, Daniel Yi Xu, Sichuang Xu, and Zhiwei Xu
Discussion Slides | China International Conference in Macroeconomics (Shenzhen), June 2022