{"id":22,"date":"2012-09-05T11:22:33","date_gmt":"2012-09-05T15:22:33","guid":{"rendered":"https:\/\/people.clas.ufl.edu\/template\/?page_id=22"},"modified":"2023-02-08T15:54:23","modified_gmt":"2023-02-08T20:54:23","slug":"research","status":"publish","type":"page","link":"https:\/\/people.clas.ufl.edu\/minfang\/research\/","title":{"rendered":"Research"},"content":{"rendered":"<h3>Working Papers<\/h3>\n<p><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3543513\" target=\"_blank\" rel=\"noopener\">Lumpy Investment, Fluctuations in Volatility and Monetary Policy<\/a><br \/>\nOct 2021 | Job Market Paper | Reject and Resubmit at <strong>Review of Economic Studies<\/strong><\/p>\n<p><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4209562\" target=\"_blank\" rel=\"noopener\">Financing Innovation with Innovation<\/a><br \/>\nFeb 2023 | with <a href=\"https:\/\/zhiyuanryanchen.github.io\/\" target=\"_blank\" rel=\"noopener\">Zhiyuan Chen<\/a> and <a href=\"https:\/\/www.minjiedeng.me\/home\" target=\"_blank\" rel=\"noopener\">Minjie Deng<\/a><\/p>\n<p><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4105607\" target=\"_blank\" rel=\"noopener\">Short-term Finance, Long-term Effects: Theory and Evidence from Morocco<\/a><br \/>\nJan 2023 | with <a href=\"https:\/\/sites.google.com\/site\/benhimakenza\/?pli=1\" target=\"_blank\" rel=\"noopener\">Kenza Benhima<\/a>, Omar Chafik, and Wenxia Tang<\/p>\n<p><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3846313\" target=\"_blank\" rel=\"noopener\">Place-based Land Policy and Spatial Misallocation: Theory and Evidence from China<\/a><br \/>\nAug 2022 | with Libin Han, <a href=\"https:\/\/www.zibinhuang.com\/\" target=\"_blank\" rel=\"noopener\">Zibin Huang<\/a>, <a href=\"https:\/\/www.acem.sjtu.edu.cn\/en\/faculty\/luming.html\" target=\"_blank\" rel=\"noopener\">Ming Lu<\/a>, and Li Zhang<\/p>\n<p><u>Pollution Abatement Investment under Financial Frictions and Policy Uncertainty<\/u><br \/>\nJan 2023 | with <a href=\"https:\/\/oir.site.nthu.edu.tw\/p\/412-1487-18850.php\" target=\"_blank\" rel=\"noopener\">Po-Hsuan Hsu<\/a> and <a href=\"https:\/\/sites.google.com\/view\/chiyangtsou\/home\" target=\"_blank\" rel=\"noopener\">Chi-Yang Tsou<\/a> | Available Upon Request<\/p>\n<p>&nbsp;<\/p>\n<h3>Publications<\/h3>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/LABECO_102200.pdf\" target=\"_blank\" rel=\"noopener\">Migration, Housing Constraints, and Inequality: A Quantitative Analysis of China<\/a><br \/>\nwith <a href=\"https:\/\/www.zibinhuang.com\/\" target=\"_blank\" rel=\"noopener\">Zibin Huang<\/a> | Links: <a href=\"https:\/\/doi.org\/10.1016\/j.labeco.2022.102200\" target=\"_blank\" rel=\"noopener\">[doi]<\/a> <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3572838\" target=\"_blank\" rel=\"noopener\">[working paper]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/LABECO_102200_Slides.pdf\" target=\"_blank\" rel=\"noopener\">[slides]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/LABECO_102200_Appendix.pdf\" target=\"_blank\" rel=\"noopener\">[online appendix]<\/a><br \/>\n<strong>Labour Economics<\/strong>, October 2022, Volume 78: 102200<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/EER104095.pdf\" target=\"_blank\" rel=\"noopener\">Debt Maturity Heterogeneity and Investment Responses to Monetary Policy<\/a><br \/>\nwith <a href=\"https:\/\/www.minjiedeng.me\/home\" target=\"_blank\" rel=\"noopener\">Minjie Deng<\/a> | Links: <a href=\"https:\/\/doi.org\/10.1016\/j.euroecorev.2022.104095\" target=\"_blank\" rel=\"noopener\">[doi]<\/a> <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3246722\" target=\"_blank\" rel=\"noopener\">[working paper]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/EER104095_Slides.pdf\" target=\"_blank\" rel=\"noopener\">[slides]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/EER104095_CODE.zip\" target=\"_blank\" rel=\"noopener\">[codes]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/EER104095_Appendix.pdf\" target=\"_blank\" rel=\"noopener\">[online appendix]<\/a><br \/>\n<strong>European Economic Review<\/strong>, May 2022, Volume 144: 104095<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/MDY-2200008.pdf\" target=\"_blank\" rel=\"noopener\">A Note on Nonconvex Adjustment Costs in Lumpy Investment Models: Mean versus Variance<\/a><br \/>\nSole Author | Links: <a href=\"https:\/\/www.doi.org\/10.1017\/S1365100522000086\" target=\"_blank\" rel=\"noopener\">[doi]<\/a> <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3782181\" target=\"_blank\" rel=\"noopener\">[working paper]<\/a> <a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/MDY-2200008_CODE.zip\" target=\"_blank\" rel=\"noopener\">[codes]<\/a><br \/>\n<strong>Macroeconomic Dynamics<\/strong>, March 2022, Published online, PP.1-12<\/p>\n<p>&nbsp;<\/p>\n<h3>Work in Progress<\/h3>\n<p>What Do Alibaba Data Tell Us about Price and Quality in China?<br \/>\nwith Mark Bils, Zibin Huang, and Ming Lu<\/p>\n<p>Sovereign Default Risk and (Wealth) Inequality<br \/>\nwith Minjie Deng, Philipp Renner, and Simon Scheidegger<\/p>\n<p>Conglomerate Market Power<br \/>\nwith Xiaomei Sui<\/p>\n<p>&nbsp;<\/p>\n<h3>Discussions<\/h3>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/Discussions_Ye_ASSA2023.pdf\" target=\"_blank\" rel=\"noopener\">Discussion of &#8220;Endogenous Economic Structure, Climate Change, and the Optimal Abatement Path&#8221; by H. Liao and H. Ye<\/a><br \/>\nJan 2023 | The 2023 ASSA Annual Meetings (New Orleans)<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/Discussions_Zhou_CICM2022.pdf\" target=\"_blank\" rel=\"noopener\">Discussion of &#8220;Collateral Quality and House Prices&#8221; by Jing Zhou<\/a><br \/>\nJun 2022 | The 4th China International Conference in Macroeconomics (Shenzhen)<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/Discussions_Cortes_SantAnna_UEAEURO2021.pdf\" target=\"_blank\" rel=\"noopener\">Discussion of &#8220;The Real Estate Consequences of Repatriations&#8221; by Gustavo Cortes and Vinicios Sant\u2019Anna<\/a><br \/>\nApr 2021 | The 10th European Meeting of the Urban Economics Association (Copenhagen)<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/Discussions_Rui_AEA2021.pdf\" target=\"_blank\" rel=\"noopener\">Discussion of &#8220;College Location and Migration&#8221; by Shu Cai, Xiaozhou Ding, and Rui Du<\/a><br \/>\nJan 2021 | The 2021 ASSA Annual Meetings (Chicago)<\/p>\n<p><a href=\"https:\/\/ethanminfang.github.io\/minfang.github.io\/files\/Discussions_Kochen_YES2020.pdf\" target=\"_blank\" rel=\"noopener\">Discussion of &#8220;Entrepreneurship, Financial Frictions, and the Market for Firms&#8221; by Rafael Guntin and Federico Kochen<\/a><br \/>\nAug 2020 | The 2020 Young Economist Symposium (UPenn)<\/p>\n<p>&nbsp;<\/p>\n<h3>Media Coverage<\/h3>\n<p><a href=\"http:\/\/www.voxchina.org\/show-3-258.html\" target=\"_blank\" rel=\"noopener\">Does China\u2019s Place-Based Land Policy Lead to Spatial Misallocation?<\/a> [VoxChina Nov 2021]<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Working Papers Lumpy Investment, Fluctuations in Volatility and Monetary Policy Oct 2021 | Job Market Paper | Reject and Resubmit at Review of Economic Studies Financing Innovation with Innovation Feb 2023 | with Zhiyuan Chen and Minjie Deng Short-term Finance, Long-term Effects: Theory and Evidence from Morocco Jan 2023 | with Kenza Benhima, Omar Chafik, [&hellip;]<\/p>\n<p class=\"link-more\"><a href=\"https:\/\/people.clas.ufl.edu\/minfang\/research\/\" class=\"more-link\">Read more<span class=\"screen-reader-text\"> \"Research\"<\/span><\/a><\/p>","protected":false},"author":11,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"tags":[],"class_list":["post-22","page","type-page","status-publish","format-standard","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/pages\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":10,"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/pages\/22\/revisions"}],"predecessor-version":[{"id":230,"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/pages\/22\/revisions\/230"}],"wp:attachment":[{"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.clas.ufl.edu\/minfang\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}