Welcome

I am a Ph.D. student in Economics at Boston College. I am interested in macroeconomics, price rigidities, and macro-finance.

Email: yang.liu.7@bc.edu

CV: here

Current Research

[1]   Financial Constraints and Price Rigidities
_{Working paper. New draft. Presentation: EEA Rotterdam (2024), Green Line Macro Meeting (2024), Brown University PhD Conference (2025)}

[2]   Inflation and Competition in an Old Keynesian Model
_{Preliminary slides. Draft coming soon. Presentation: Fridays at the Boston Fed Workshop (poster, 2025)}

[3]   Pricing Out of Financial Constraints
_{With Damien Capelle, Francesco Grigoli, Nan Li, and Miguel Sarmiento}

[4]   Robust Tax on Inflation Policies at the Zero Lower Bound
_{With Damien Capelle}

[5]   Why has U.S. Inflation Become Harder to Forecast? Redux
_{With Pablo A. Guerron-Quintana}

Publication

[1]   Optimal Taxation of Inflation
_{With Damien Capelle, AEJ Macro (forthcoming) link. Previous version: IMF Working Paper 2023/254. Presentation: Econometric Society NASM (2024), IMF Macro-Financial Conference* (2024)}

Policy and Other Papers

[1]   Banks’ Joint Exposure to Market and Run Risk
_{With Alexander Copestake and Divya Kirti, IMF Working Paper 2023/200}

[2]   Financial Heterogeneity, Investment, and Firm Interactions
_{IMF Working Paper 2023/110. Presentation: EEA Barcelona (2023), Midwest Econometrics (2023)}

[3]   Tracking Economic and Financial Policies During COVID-19: An Announcement-Level Database
_{With Divya Kirti, Maria Soledad Martinez Peria, Prachi Mishra, and Jan Strasky, IMF Working Paper 2022/114}

  _{* Presented by co-authors.}