Wenli Li

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Senior Economic Advisor and Economist

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

http://https://www.philadelphiafed.org/our-people/wenli-li

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SCHOLARLY PAPERS

43

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8,127

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183

Scholarly Papers (43)

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1.

The Great Reshuffle: Residential Sorting during the COVID-19 Pandemic and Its Welfare Implications

Downloads 572 (103,739)
Citation 5

The Great Reshuffle: Residential Sorting during the COVID-19 Pandemic and Its Welfare Implications

Number of pages: 70 Posted: 04 Jan 2022 Last Revised: 30 Jan 2023
Wenli Li and Yichen Su
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Southern Methodist University (SMU) - Department of Economics
Downloads 522 (114,802)
Citation 4

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COVID-19, Pandemic, Residential Sorting, Migration, Housing Cost, Employment, Inequality, Working From Home, WFH

The Great Reshuffle: Residential Sorting During the Covid-19 Pandemic and its Welfare Implications

Number of pages: 71 Posted: 12 Apr 2024
Wenli Li and Yichen Su
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Southern Methodist University (SMU) - Department of Economics
Downloads 30 (1,061,136)
Citation 1

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Spatial Sorting, Migration, Housing Cost, Employment, Inequality, COVID-19, Working from Home, WFH

The Great Reshuffle: Residential Sorting During the Covid-19 Pandemic and its Welfare Implications

Number of pages: 70 Posted: 07 Oct 2024
Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 20 (1,189,646)

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Spatial Sorting, Migration, Housing Cost, employment, Working fromHome

2.

Government Loan, Guarantee, and Grant Programs: An Evaluation

FRB Richmond Economic Quarterly, vol. 84, no. 4, Fall 1998, pp. 25-51
Number of pages: 27 Posted: 21 Nov 2012
Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 531 (114,154)
Citation 1

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3.

Institutional Investors and the U.S. Housing Recovery

FRB of Philadelphia Working Paper No. 19-45
Number of pages: 37 Posted: 27 Nov 2019
Lauren Lambie-Hanson, Wenli Li and Michael Slonkosky
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 459 (135,910)

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Institutional investor, House Price, Homeownership, Foreclosure, Mortgage Crisis

4.

The Life-Cycle Effects of House Price Changes

FRB Philadelphia Working Paper No. 05-7
Number of pages: 39 Posted: 31 Jul 2005
Wenli Li and Rui Yao
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Baruch College - Department of Economics and Finance
Downloads 427 (147,882)
Citation 33

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Life-cycle model, consumption, savings, housing, mortgage

5.

Growth Effects of Progressive Taxes

Downloads 426 (148,274)
Citation 2

Growth Effects of Progressive Taxes

FEDS Working Paper No. 2002-03
Number of pages: 31 Posted: 30 Jan 2002
Wenli Li and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 302 (215,109)

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Economic growth, progressive taxation, heterogenous households

Growth Effects of Progressive Taxes

FRB Richmond Working Paper No. 01-9
Number of pages: 31 Posted: 02 Dec 2012
Wenli Li and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 124 (492,238)
Citation 2

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economic growth, progressive taxation, heterogeneous households

6.

Real Estate Taxes and Home Value: Evidence from TCJA

Downloads 383 (167,285)
Citation 4

Real Estate Taxes and Home Value: Evidence from TCJA

Number of pages: 50 Posted: 01 Apr 2020 Last Revised: 05 Nov 2020
Wenli Li and Edison G. Yu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 264 (247,495)
Citation 4

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TCJA, Real EstateTax, Housing Market

Real Estate Taxes and Home Value: Winners and Losers of TCJA

FRB of Philadelphia Working Paper No. 20-12
Number of pages: 46 Posted: 29 Apr 2020
Wenli Li and Edison G. Yu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 119 (508,460)

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real estate tax, home value, housing liquidity

7.

The Homeownership Experience of Households in Bankruptcy

FRB of Philadelphia Working Paper No. 08-14
Number of pages: 31 Posted: 06 Sep 2008
Sarah W. Carroll and Wenli Li
United States Department of Justice and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 372 (172,798)
Citation 5

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Homeownership, Chapter 13 personal bankruptcy, Foreclosure

8.

The Opioid Epidemic and Consumer Credit Supply: Evidence from Credit Cards

Downloads 339 (191,375)
Citation 1

The Opioid Epidemic and Consumer Credit Supply: Evidence from Credit Cards

Number of pages: 67 Posted: 15 Aug 2022 Last Revised: 12 Feb 2025
Sumit Agarwal, Wenli Li, Raluca A. Roman and Nonna Sorokina
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Philadelphia and The Pennsylvania State University
Downloads 259 (252,370)
Citation 1

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Opioid Epidemic, Household Finance, Credit Supply, Spending, Risk

The Opioid Epidemic and Consumer Credit Supply: Evidence from Credit Cards

FRB of Philadelphia Working Paper No. 23-28
Number of pages: 66 Posted: 01 Dec 2023
Sumit Agarwal, Wenli Li, Raluca A. Roman and Nonna Sorokina
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Philadelphia and The Pennsylvania State University
Downloads 80 (669,517)

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Opioid Epidemic, Household Finance, Credit Supply, Spending, Risk

9.

Housing over Time and over the Life Cycle: A Structural Estimation

Downloads 313 (208,523)
Citation 28

Housing over Time and over the Life Cycle: A Structural Estimation

FRB of Philadelphia Working Paper No. 09-7
Number of pages: 53 Posted: 14 May 2009 Last Revised: 21 Nov 2019
Wenli Li, Haiyong Liu and Rui Yao
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Texas State University and Baruch College - Department of Economics and Finance
Downloads 181 (356,921)
Citation 19

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Life-cycle, housing adjustment costs, intratemporal substitution, methods of simulated moments

Housing Over Time and Over the Life Cycle: A Structural Estimation

FRB of Philadelphia Working Paper No. 15-04
Number of pages: 40 Posted: 24 Jan 2015
Wenli Li, Haiyong Liu, Fang Yang and Rui Yao
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Texas State University, Federal Reserve Banks - Federal Reserve Bank of Dallas and Baruch College - Department of Economics and Finance
Downloads 66 (747,524)
Citation 6

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Life Cycle, Housing Adjustment Costs, Intratemporal Substitution

Housing Over Time and Over the Life Cycle: A Structural Estimation

FRB of Philadelphia Working Paper No. 15-4
Number of pages: 11 Posted: 19 Aug 2015
Wenli Li, Haiyong Liu, Fang Yang and Rui Yao
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Texas State University, Federal Reserve Banks - Federal Reserve Bank of Dallas and Baruch College - Department of Economics and Finance
Downloads 66 (747,524)
Citation 3

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Life cycle, Housing adjustment costs, Intratemporal substitution

10.

Real Estate Investors and the Boom and Bust of the US Housing Market

Number of pages: 28 Posted: 19 Mar 2012
Wenli Li and Zhenyu Gao
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Princeton University - Department of Economics
Downloads 286 (229,572)
Citation 7

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investment housing, house price, subprime mortgages

11.

The Macroeconomics of U.S. Consumer Bankruptcy Choice: Chapter 7 or Chapter 13?

Downloads 280 (234,750)
Citation 6

The Macroeconomics of U.S. Consumer Bankruptcy Choice: Chapter 7 or Chapter 13?

FRB of Philadelphia Working Paper No. 03-14
Number of pages: 39 Posted: 23 Jul 2004
Wenli Li and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 217 (300,819)
Citation 3

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Macroeconomics, consumer bankruptcy, chapter 7, chapter 11

The Macroeconomics of U.S. Consumer Bankruptcy Choice: Chapter 7 or Chapter 13?

FRB Richmond Working Paper No. 02-01
Number of pages: 37 Posted: 02 Dec 2012
Wenli Li and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 63 (766,401)
Citation 3

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Chapter 7 and Chapter 13 bankruptcy, borrowing constraints, means-testing

12.

Leaving Households Behind: Institutional Investors and the U.S. Housing Recovery

FRB of Philadelphia Working Paper No. 19-1
Number of pages: 33 Posted: 14 Jan 2019 Last Revised: 29 Apr 2020
Lauren Lambie-Hanson, Wenli Li and Michael Slonkosky
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 272 (241,831)
Citation 1

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housing, homeownership, mortgage crises

13.

Using Bankruptcy to Reduce Foreclosures: Does Strip-Down of Mortgages Affect the Supply of Mortgage Credit?

Downloads 264 (249,179)
Citation 4

Using Bankruptcy to Reduce Foreclosures: Does Strip-Down of Mortgages Affect the Supply of Mortgage Credit?

FRB of Philadelphia Working Paper No. 14-35
Number of pages: 40 Posted: 04 Dec 2014
Wenli Li, Ishani Tewari and Michelle J. White
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 162 (394,068)
Citation 4

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Mortgage credit, Strip-down, Creditor protection, Bankruptcy

Using Bankruptcy to Reduce Foreclosures: Does Strip-Down of Mortgages Affect the Supply of Mortgage Credit?

CESifo Working Paper Series No. 4722
Number of pages: 38 Posted: 24 Apr 2014
Wenli Li, Ishani Tewari and Michelle J. White
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 67 (741,300)

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mortgage, foreclosure, credit market, credit supply, strip-down

Using Bankruptcy to Reduce Foreclosures: Does Strip-Down of Mortgages Affect the Supply of Mortgage Credit?

NBER Working Paper No. w19952
Number of pages: 38 Posted: 10 Mar 2014 Last Revised: 09 Jul 2023
Wenli Li, Ishani Tewari and Michelle J. White
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 35 (1,004,945)

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14.

Challenges and Choices in Post-Crisis East-Asia: Simulations of Investment Policy Reform in an Intertemporal, Global Model

Downloads 254 (259,180)
Citation 2

Challenges and Choices in Post-Crisis East-Asia: Simulations of Investment Policy Reform in an Intertemporal, Global Model

FRB Richmond Working Paper No. 98-7
Number of pages: 43 Posted: 27 Dec 1998
Xinshen Diao, Wenli Li and A. Erinc Yeldan
International Food Policy Research Institute (IFPRI), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Bilkent University
Downloads 205 (317,665)
Citation 1

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Challenges and Choices in Post-Crisis East-Asia: Simulations of Investment Policy Reform in an Intertemporal Global Model

FRB Richmond Working Paper No. 98-7
Number of pages: 44 Posted: 21 Nov 2012
Xinshen Diao, Wenli Li and A. Erinc Yeldan
International Food Policy Research Institute (IFPRI), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Bilkent University
Downloads 49 (870,472)
Citation 1

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East Asian Crisis, Dynamic GE, Investment Policy

15.

The Anatomy of U.S. Personal Bankruptcy Under Chapter 13

FRB of Philadelphia Working Paper No. 07-31
Number of pages: 41 Posted: 04 Dec 2007
Hulya Eraslan, Wenli Li and Pierre-Daniel G. Sarte
Rice University, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 241 (272,955)
Citation 8

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Personal Bankruptcy, Structural Estimation, Recovery Rate

16.

The Dynamics of Adjustable-Rate Subprime Mortgage Default: a Structural Estimation

Downloads 235 (279,820)

The Dynamics of Adjustable-Rate Subprime Mortgage Default: a Structural Estimation

NBER Working Paper No. w21810
Number of pages: 53 Posted: 21 Dec 2015 Last Revised: 04 Feb 2023
Hanming Fang, You Suk Kim and Wenli Li
University of Pennsylvania - Department of Economics, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 120 (505,194)

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The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation

PIER Working Paper No. 041
Number of pages: 54 Posted: 12 Dec 2015
Hanming Fang, You Suk Kim and Wenli Li
University of Pennsylvania - Department of Economics, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 63 (766,401)

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Adjustable-Rate Mortgage, Default, Loan Modification, Automatic Modification with a Cushion

The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation

FEDS Working Paper No. 2015-114
Number of pages: 54 Posted: 22 Dec 2015
Hanming Fang, You Suk Kim and Wenli Li
University of Pennsylvania - Department of Economics, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 52 (845,804)

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17.

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13

Downloads 230 (285,826)
Citation 3

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13

FRB of NY Staff Report No. 764
Number of pages: 41 Posted: 02 Feb 2016 Last Revised: 30 Aug 2017
Hulya Eraslan, Gizem Koşar, Wenli Li and Pierre-Daniel G. Sarte
Rice University, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 144 (435,469)

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Chapter 13 bankruptcy, discharge, recovery rate

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13

FRB of Philadelphia Working Paper No. 14-33
Number of pages: 40 Posted: 01 Nov 2014
Hulya Eraslan, Gizem Koşar, Wenli Li and Pierre-Daniel G. Sarte
Rice University, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 86 (640,616)
Citation 3

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Bankruptcy, Repayment

18.

Single-Family REITs and Local Housing Markets

Number of pages: 65 Posted: 18 Jul 2024 Last Revised: 04 Feb 2025
Marco Giacoletti, Rawley Heimer, Wenli Li and Edison G. Yu
Marshall School of Business, Arizona State University (ASU) - W.P. Carey School of Business, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 207 (317,484)

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REITS, Institutional Investor, Housing Market

19.

The Dynamic Effects of Government Spending Shocks on Employment and Work Hours

Downloads 193 (337,338)
Citation 2

The Dynamic Effects of Government Spending Shocks on Employment and Work Hours

Federal Reserve Bank of Richmond WP No. 98-9
Number of pages: 46 Posted: 01 Jul 1999
Mingwei Yuan and Wenli Li
Bank of Canada - Department of Monetary and Financial Analysis and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 127 (482,913)

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The Dynamic Effects of Government Spending Shocks on Employment and Work Hours

FRB Richmond Working Paper No. 98-9
Number of pages: 47 Posted: 21 Nov 2012
Mingwei Yuan and Wenli Li
Bank of Canada - Department of Monetary and Financial Analysis and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 66 (747,524)
Citation 2

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Employment, Hours, Government Spending, Job Search

20.

Credit Access after Consumer Bankruptcy Filing: New Evidence

FRB of Philadelphia Working Paper No. 14-25, Supersedes Working Paper No. 13-24
Number of pages: 49 Posted: 12 Sep 2014
Julapa Jagtiani and Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 145 (432,350)
Citation 7

Abstract:

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Bankruptcy, Credit limit, Credit performance, Financial crisis, Bankruptcy reform

21.

Fresh Start or Head Start? The Effect of Filing for Personal Bankruptcy on the Labor Supply

FRB Philadelphia Working Paper No. 04-5
Number of pages: 35 Posted: 23 Jul 2004
Song Han and Wenli Li
Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 141 (442,268)
Citation 10

Abstract:

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Personal bankruptcy, labor supply

22.

Consumer Bankruptcy, Mortgage Default and Labor Supply

Downloads 132 (466,425)

Consumer Bankruptcy, Mortgage Default and Labor Supply

Cowles Foundation Discussion Paper No. 2327
Number of pages: 51 Posted: 06 Apr 2022
Wenli Li, Costas Meghir and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale University and Institut d'Etudes Politiques de Paris (Sciences Po) - Department of Economics
Downloads 56 (814,888)

Abstract:

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Lifecycle, Bankruptcy, Housing, Mortgage Default, Labor Supply, Consumption, Education, Insurance, Moral hazard

Consumer Bankruptcy, Mortgage Default and Labor Supply

FRB of Philadelphia Working Paper No. 22-26
Number of pages: 52 Posted: 02 Sep 2022
Wenli Li, Costas Meghir and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale University and Sciences Po
Downloads 55 (822,469)

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Lifecycle, Bankruptcy, Housing, Mortgage Default, Labor Supply, Consumption, Education, Insurance, Moral hazard.

Consumer Bankruptcy, Mortgage Default and Labor Supply

NBER Working Paper No. w29868
Number of pages: 51 Posted: 28 Mar 2022 Last Revised: 14 Apr 2023
Wenli Li, Costas Meghir and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale University and Sciences Po Paris
Downloads 20 (1,189,646)

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Consumer Bankruptcy, Mortgage Default and Labor Supply

CEPR Discussion Paper No. DP17117
Number of pages: 53 Posted: 29 Mar 2022
Wenli Li, Costas Meghir and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Yale University and Sciences Po Paris
Downloads 1 (1,390,615)
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bankruptcy, Consumption, Education, housing, Insurance, Labor Supply, Lifecycle, moral hazard, Mortgage Default

23.

Recourse and Residential Mortgages: The Case of Nevada

Downloads 119 (505,686)
Citation 14

Recourse and Residential Mortgages: The Case of Nevada

FRB of Philadelphia Working Paper No. 15-02
Number of pages: 29 Posted: 23 Jan 2015
Wenli Li and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Institut d'Etudes Politiques de Paris (Sciences Po) - Department of Economics
Downloads 68 (735,313)
Citation 1

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Deficiency Judgment, Default, Foreclosure, Approval, Interest Rate

Recourse and Residential Mortgages: The Case of Nevada

FRB of Philadelphia Working Paper No. 15-2
Number of pages: 29 Posted: 19 Aug 2015
Wenli Li and Florian Oswald
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Institut d'Etudes Politiques de Paris (Sciences Po) - Department of Economics
Downloads 51 (853,993)
Citation 13

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Deficiency judgment, Default, Foreclosure, Approval, Interest rate, Nevada

24.

Credit Access and Credit Performance after Consumer Bankruptcy Filing: New Evidence

FRB of Philadelphia Working Paper No. 13-24
Number of pages: 35 Posted: 25 May 2013
Julapa Jagtiani and Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 115 (519,064)
Citation 5

Abstract:

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bankruptcy, credit limit, credit performance, financial crisis, bankruptcy reform

25.

Did Bankruptcy Reform Cause Mortgage Default Rates to Rise?

FRB of Philadelphia Working Paper No. 10-16
Number of pages: 30 Posted: 19 May 2010
Wenli Li, Michelle J. White and Ning Zhu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of California, San Diego (UCSD) - Department of Economics and China Academy of Financial Research (CAFR)
Downloads 111 (533,057)
Citation 1

Abstract:

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26.

The Dynamics of Subprime Adjustable-Rate Mortgage Default: A Structural Estimation

FRB of Philadelphia Working Paper No. 16-2
Number of pages: 53 Posted: 04 Feb 2016 Last Revised: 16 Dec 2016
Hanming Fang, You Kim and Wenli Li
University of Pennsylvania - Department of Economics, Temple University - Department of Human Resource Management and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 107 (547,784)

Abstract:

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27.

Skill Acquisition and Firm Creation in Transition Economies

IMF Working Paper No. 99/130
Number of pages: 31 Posted: 15 Feb 2006
Zuzana Brixiova, Wenli Li and Tarik Yousef
International Monetary Fund (IMF) - European Department, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 105 (555,470)

Abstract:

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Skill acquisition firm creation transition

28.

Demographic Aging, Industrial Policy, and Chinese Economic Growth

FRB of Philadelphia Working Paper No. 19-21
Number of pages: 45 Posted: 26 Apr 2019 Last Revised: 29 Apr 2020
Michael Dotsey, Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 95 (595,030)

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Aging, Credit policy, Household saving, Output growth, China

29.

Home Production and Social Security Reform

FRB of Philadelphia Working Paper No. 12-5
Number of pages: 38 Posted: 17 Feb 2012
Michael Dotsey, Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 92 (607,071)
Citation 5

Abstract:

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Home Production, Housing, Social Security Reform, Labor Supply

30.

Entrepreneurship and Government Subsidies under Capital Constraints: A General Equilibrium Analysis

FRB Richmond Working Paper No. 97-9
Number of pages: 59 Posted: 19 Nov 2012
Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 89 (619,702)
Citation 8

Abstract:

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Borrowing Constraints, Costly Intermediation, Entrepreneurship, Income Subsidies, Interest Subsidies

31.

Did Bankruptcy Reform Cause Mortgage Default to Rise?

NBER Working Paper No. w15968
Number of pages: 40 Posted: 10 May 2010 Last Revised: 18 Feb 2023
Wenli Li, Michelle J. White and Ning Zhu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of California, San Diego (UCSD) - Department of Economics and China Academy of Financial Research (CAFR)
Downloads 82 (651,118)
Citation 7

Abstract:

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32.

Mortgage Default, Foreclosure, and Bankruptcy

NBER Working Paper No. w15472
Number of pages: 39 Posted: 09 Nov 2009 Last Revised: 12 Apr 2023
Wenli Li and Michelle J. White
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of California, San Diego (UCSD) - Department of Economics
Downloads 82 (651,118)
Citation 1

Abstract:

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33.

The Homeownership Experience of Households in Bankruptcy

Cityscape, Vol. 13, No. 1, p. 113, 2011
Number of pages: 22 Posted: 15 Apr 2011
Sarah W. Carroll and Wenli Li
United States Department of Justice and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 74 (690,312)
Citation 5

Abstract:

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Homeownership, Cityscape, HUD, 2011

34.

Demographic Transition, Industrial Policies and Chinese Economic Growth

Downloads 73 (695,600)
Citation 1

Demographic Transition, Industrial Policies and Chinese Economic Growth

FRB of Dallas Working Paper No. 2210
Number of pages: 57 Posted: 21 Jul 2022
Michael Dotsey, Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 46 (896,481)
Citation 1

Abstract:

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Aging, Credit policy, Household saving, Output growth, China

Demographic Transition, Industrial Policies, and Chinese Economic Growth

FRB of Philadelphia Working Paper No. 22-17
Number of pages: 54 Posted: 28 Jun 2022
Michael Dotsey, Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 27 (1,097,784)

Abstract:

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Aging, Credit policy, Household saving, Output growth, China

35.

Consumption and Time Use Over the Life Cycle

FRB of Philadelphia Working Paper No. 10-37
Number of pages: 47 Posted: 01 Dec 2010
Michael Dotsey, Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 65 (740,580)
Citation 6

Abstract:

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Consumption, Home Production, Life Cycle

36.

How the Asian Crisis Affected the World Economy: A General Equilibrium Perspective

FRB Richmond Economic Quarterly, Vol. 86, No. 2, Spring 2000, pp. 35-59
Number of pages: 25 Posted: 28 Nov 2012
Xinshen Diao, Wenli Li and A. Erinc Yeldan
International Food Policy Research Institute (IFPRI), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Bilkent University
Downloads 58 (785,126)

Abstract:

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37.

Firm-Specific Learning and the Investment Behavior of Large and Small Firms

FRB Richmond Working Paper No. 99-3
Number of pages: 34 Posted: 26 Nov 2012
Wenli Li and John A. Weinberg
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 58 (785,126)

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38.

To Forgive or Not to Forgive: An Analysis of U.S. Consumer Bankruptcy Choices

FRB Richmond Economic Quarterly, Vol. 87, No. 2, Spring 2001, pp. 1-22
Number of pages: 22 Posted: 30 Nov 2012
Wenli Li
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 55 (806,006)

Abstract:

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39.

Investigating Fluctuations in U.S. Manufacturing: What are the Direct Effects of Informational Frictions?

FRB Richmond Working Paper No. 00-1
Number of pages: 36 Posted: 27 Nov 2012
Wenli Li and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Richmond
Downloads 45 (884,665)
Citation 1

Abstract:

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intermediation, informational frictions, economic fluctuations

40.

Financial Distress among the Elderly: Bankruptcy Reform and the Financial Crisis

Wharton Pension Research Council Working Paper No. 2019-11, Published in Mitchell, O., and A. Lusardi (Eds.) (2020). Remaking Retirement: Debt in an Aging Economy. Oxford, UK: Oxford University Press.
Posted: 20 Feb 2020 Last Revised: 04 Mar 2022
Wenli Li and Michelle J. White
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of California, San Diego (UCSD) - Department of Economics

Abstract:

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older adults, financial distress, foreclosure, bankruptcy, retirement

41.

Firm-Specific Learning and the Investment Behaviors of Large and Small Firms

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 24 Nov 2009
Wenli Li and John A. Weinberg
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond

Abstract:

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Management decisions, Firm age, Investments, Organizational learning

42.

Skill Shortages and Labor Market Outcomes in Central Europe

Economic Systems, Vol. 33, No. 1, 2009
Posted: 03 Feb 2009
Zuzana Brixiova, Wenli Li and Tarik Yousef
International Monetary Fund (IMF) - European Department, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)

Abstract:

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Skill shortages, Employment, Central Europe

43.

Skill Acquisition and Private Firm Creation in Transition Economies

Posted: 03 Jun 1999
Zuzana Brixiova and Wenli Li
International Monetary Fund (IMF) - European Department and Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Abstract:

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