Publications in Refereed Journals (Google  Citations)                                                   

  1. Rational Inattention and the Dynamics of Consumption and Wealth in General Equilibrium, with Jun Nie, Gaowang Wang and Eric R. Young (2017). Journal of Economic Theory 172, 55-87. [PDF version][Online Appendix].
  2. Elastic Attention, Risk Sharing, and International Comovements, with Wei Li and Jun Nie (2017). Journal of Economic Dynamics and Control 79, 1-20 (Lead Article). [PDF version] [Online Appendix]
  3. Robustly Strategic Consumption-Portfolio Rules with Informational Frictions (2016). Forthcoming in Management Science. [PDF version] [Online Appendix]
  4. Induced Uncertainty, Market Price of Risk, and the Dynamics of Consumption and Wealth, with Eric R. Young (2016). Journal of Economic Theory 163, 1-41 (Lead Article). [PDF version]
  5. Long-run Consumption Risk and Asset Allocation under Recursive Utility and Rational Inattention, with Eric R. Young (2016). Journal of Money, Credit and Banking 48 (2-3), 325–362. [PDF version][Online Appendix]
  6. Attention Misallocation, Social Welfare, and Policy Implications, with Heng Chen and Guangyu Pei. [PDF version] Journal of Economic Dynamics and Control 59 (2015), 37-57.
  7. Slow Information Diffusion and the Inertial Behavior of Durables Consumption, with Jun Nie and  Eric R. Young. Journal of the European Economic Association 13(5) (2015), 805-840. [PDF version][Online Appendix]
  8. Model Uncertainty and Intertemporal Tax Smoothing, with Jun Nie and Eric R. Young. Journal of Economic Dynamics and Control 45 (2014), 289–314. [PDF version]
  9. Robust Control, Informational Frictions, and International Consumption Correlations, with Jun Nie and Eric R. Young. European Economic Review 67 (2014), 1-27 (Lead Article). [PDF version]
  10. Signal Extraction and Rational Inattention, with Eric R. Young. Economic Inquiry 52(2) (2014), 811-829. [PDF version]
  11. Robustness, Information-processing Constraints, and the Current Account in Small Open Economies, with Jun Nie and Eric R. Young. Journal of International Economics 88(1) (2012), 104-120. [PDF version]
  12. Rational Inattention, Long-run Consumption Risk, and Portfolio Choice. Review of Economic Dynamics 13(4) (2010), 843-860. [PDF version]
  13. Asset Pricing under Information-processing Constraints, with Eric R. Young. Economics Letters 107(1) (2010), 26-29. [PDF version]
  14. Risk-sensitive Consumption and Savings under Rational Inattention, with Eric R. Young. American Economic Journal: Macroeconomics 2(4) (2010), 281-325. [PDF version]
  15. A Note on Entrepreneurial Risk, Capital Market Imperfections, and Heterogeneity, with Liutang Gong and Heng-fu Zou. Macroeconomic Dynamics 14(2) (2010), 269-284. [PDF version][Fortran Code]
  16. The Spirit of Capitalism and Excess Smoothness, with William T. Smith and Heng-fu Zou. Annals of Economics and Finance 10(2) (2009), 281-301. [PDF version]
  17. Rational Inattention and Aggregate Fluctuations, with Eric R. Young. The B.E. Journal of Macroeconomics: Vol. 9: Iss. 1 (Contributions), Article 14 (2009). [PDF version]
  18. The Spirit of Capitalism, Precautionary Savings, and Consumption, with William T. Smith and Heng-fu Zou.  Journal of Money, Credit and Banking 41(2-3) (2009), 543-554. [PDF version]
  19. The Wealth Distribution and the Demand for Status, with Eric R. Young. Macroeconomic Dynamics 13(S1) (2009), 1-30 (Lead Article). [PDF version]
  20. Consumption Dynamics under Information Processing Constraints, Review of Economic Dynamics 11(2) (2008), 366-385. [PDF version]







* Papers posted here are supported by Hong Kong Government's General Research Fund (GRF) under grant No. HKU749900, 749711, 747707H, 748209H, and 749510H, and HKU Seed Funding Program for Basic Research.