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Bubbly booms and welfare
Dong, Feng; Jiao, Yang; Sun, Haoning - In: Review of economic dynamics : the official journal of … 53 (2024), pp. 71-122
Persistent link: https://www.econbiz.de/10014566402
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Aggregate implications of financial frictions for unemployment
Dong, Feng - In: Review of economic dynamics 48 (2023), pp. 45-71
Persistent link: https://www.econbiz.de/10014250685
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Speculative bubbles and talent misallocation
Dong, Feng; Jia, Yandong; Wang, Siqing - In: Journal of economic dynamics & control 141 (2022), pp. 1-17
Persistent link: https://www.econbiz.de/10013465541
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Comment on "asset bubbles and talent misallocation"
Liu, Yang - In: Journal of economic dynamics & control 141 (2022), pp. 1-2
Persistent link: https://www.econbiz.de/10013465542
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Adverse selection and self-fulfilling business cycles
Benhabib, Jess; Dong, Feng; Wang, Pengfei - 2014
Persistent link: https://www.econbiz.de/10010440724
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Cycles of credit expansion and misallocation : the Good, the Bad and the Ugly
Dong, Feng; Xu, Zhiwei - In: Journal of economic theory 186 (2020), pp. 1-37
Persistent link: https://www.econbiz.de/10012415909
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A model of secular migration from centralized to decentralized trade
Cai, Zhifeng; Dong, Feng - In: Economic theory 72 (2021) 1, pp. 201-244
Persistent link: https://www.econbiz.de/10012590025
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A search-based neoclassical model of capital reallocation
Dong, Feng; Wang, Pengfei; Wen, Yi - In: European economic review : EER 128 (2020), pp. 1-21
Persistent link: https://www.econbiz.de/10012514419
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Bubbly Bitcoin
Dong, Feng; Xu, Zhiwei; Zhang, Yu - In: Economic theory 74 (2022) 3, pp. 973-1015
Persistent link: https://www.econbiz.de/10013442115
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Aggregate Demand Externality and Self-Fulfilling Default Cycles
Benhabib, Jess; Dong, Feng; Wang, Pengfei; Xu, Zhenyang - National Bureau of Economic Research - 2024
We develop a model of self-fulfilling default cycles with demand externality a la Dixit- Stiglitz to explain the recurrent clustered defaults observed in the data. The literature reports that observable fundamental factors alone are insufficient to explain the cluster. A decline in aggregate...
Persistent link: https://www.econbiz.de/10014512145