Working Papers

1. Ambiguity, Low Risk-Free Rates, and Consumption Inequality, with Jun Nie and Eric R. Young (2019). [PDF version][Online Appendix] Under the 3rd round review at Economic Journal.
2. Growth and Welfare Gains from Financial Integration under Model Uncertainty, with Jun Nie and Eric R. Young (2019). [PDF version]
3. Ignorance, Uncertainty, and Strategic Consumption-Portfolio Decisions, with Jun Nie and Haijun Wang (2019). [PDF version]
   

*: Papers posted here are supported by Hong Kong Government's General Research Fund (GRF) under grant No. HKU749900, 749711, and 749510H.