Advanced Economic Seminars 188:Learning to Import From Neighbors

This paper studies how learning from neighboring firms affects the behaviors of new importers.

Advanced Economic Seminars 187:Implementing the Modified Golden Rule? Optimal Ramsey T...

What is the prescription of Ramsey capital taxes for Aiyagari’s (1994) incomplete-markets economy in the long run?

Advanced Economic Seminars 186:Helicopter Money and Financial Repression in a Balance-...

Banks’ high leverage can amplify their small financial losses into an insolvency risk and even a systemic banking crisis.

Changying Li and Jianhu Zhang, 2015, “Program Quality Competition in Broadcasting Markets,” Journal of Public Economic Theory, forthcoming.

Ma Chicheng,2014.Autarky and the Rise and Fall of Piracy in Ming China. (with James Kung). Journal of Economic History, 2014, 74(2): 509-534

Ma Chicheng,2014.Can Cultural Norms Reduce Conflicts? Confucianism and Peasant Rebellions in Qing China. (with James Kung). Journal of Development Economics, 2014, 111: 132-149.