Research
I am interested in topics related to monetary economics, macroeconomics, and the economics of digital currencies (e.g., CBDC and stablecoins).
Publications
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Deflationary Policy under Digital and Fiat Currency Competition
Research in Economics, 2018, 72(2), 171-180
Working paper version
Working Papers
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Interest-bearing Money, Illiquid Bonds, and Banking in a News Economy (2024)
Working paper version -
Central Bank Digital Currency (CBDC) and Monetary Policy with Heterogeneous Agents (with Liang Wang) (2024), Revise and Resubmit (Southern Economic Journal)
Working paper version -
Interest-bearing Central Bank Digital Currency and Banking Redux (2025)
Working paper version