Research
Working Papers
Uncertainty and Unemployment Revisited: The Consequences of Financial and Labor Contracting Frictions, April 2024Â
Automation and the Rise of Superstar Firms, with Hamid Firooz and Zheng Liu, November 2023
R&R, Journal of Monetary Economics
Work In Progress
Borrowing From Workers: How Firms Backload Wages During Financial Distress
National Science Foundation Doctoral Dissertation Research Improvement Grants, PI is Prof. Yan Bai
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