Ji Zhang

Tsinghua University - PBC School of Finance

Assistant Professor

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

  • Tsinghua University - PBC School of Finance

SCHOLARLY PAPERS

14

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Top 17,489

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5,741

TOTAL CITATIONS
Rank 12,136

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Top 12,136

in Total Papers Citations

46

Scholarly Papers (14)

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1.

A Shadow Rate New Keynesian Model

Downloads 1,533 (24,790)
Citation 8

A Shadow Rate New Keynesian Model

Chicago Booth Research Paper No. 16-18, PBCSF-NIFR Research Paper
Number of pages: 57 Posted: 28 Sep 2016 Last Revised: 29 Oct 2020
Jing Cynthia Wu and Ji Zhang
The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 1,497 (25,228)
Citation 5

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shadow rate, New Keynesian model, unconventional monetary policy, zero lower bound, QE, lending facilities

A Shadow Rate New Keynesian Model

NBER Working Paper No. w22856
Number of pages: 53 Posted: 28 Nov 2016 Last Revised: 15 Jun 2023
Jing Cynthia Wu and Ji Zhang
The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 36 (886,823)
Citation 3

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2.

The Four Equation New Keynesian Model

Downloads 1,059 (27,588)
Citation 12

The Four Equation New Keynesian Model

Review of Economics and Statistics, Forthcoming
Number of pages: 45 Posted: 09 Jun 2021 Last Revised: 10 Jun 2021
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 776 (64,229)
Citation 6

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quantitative easing, unconventional monetary policy, small-scale New Keynesian model, zero lower bound

The Four Equation New Keynesian Model

PBCSF-NIFR Research Paper
Number of pages: 55 Posted: 07 Jul 2020
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 283 (213,473)
Citation 6

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Quantitative Easing, Unconventional Monetary Policy, Small-Scale New Keynesian Model, Phillips Curve, Zero Lower Bound

3.

Unconventional Monetary Policy According to HANK

Downloads 625 (86,083)
Citation 4

Unconventional Monetary Policy According to HANK

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 50 Posted: 10 May 2022 Last Revised: 14 Apr 2023
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 611 (87,450)

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Unconventional Monetary Policy According to Hank

NBER Working Paper No. w30329
Number of pages: 51 Posted: 08 Aug 2022 Last Revised: 15 May 2023
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 14 (1,121,188)
Citation 4

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4.

Does Fiscal Policy Matter for Stock-Bond Return Correlation?

Downloads 535 (104,756)
Citation 10

Does Fiscal Policy Matter for Stock-Bond Return Correlation?

Journal of Monetary Economics, Forthcoming
Number of pages: 62 Posted: 28 Jan 2018 Last Revised: 07 Mar 2022
Erica X. N. Li, Tao A. Zha, Ji Zhang and Hao Zhou
Cheung Kong Graduate School of Business, Federal Reserve Bank of Atlanta, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 486 (116,250)
Citation 10

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Stock-bond return correlation, consumption-inflation correlation, fiscal-monetary policy regime, bond risk premium, technology shock, investment shock

Does Fiscal Policy Matter for Stock-Bond Return Correlation?

NBER Working Paper No. w27861
Number of pages: 50 Posted: 28 Sep 2020 Last Revised: 16 Feb 2023
Erica X. N. Li, Tao A. Zha, Ji Zhang and Hao Zhou
Cheung Kong Graduate School of Business, Federal Reserve Bank of Atlanta, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 49 (785,440)

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5.

Hot Money and Quantitative Easing: The Spillover Effects of U.S. Monetary Policy on the Chinese Economy

Journal of Money, Credit, and Banking, Forthcoming, PBCSF-NIFR Research Paper No. 14-06, Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute Working Paper No. 211
Number of pages: 47 Posted: 02 Nov 2014 Last Revised: 28 Feb 2018
Steven Wei Ho, Ji Zhang and Hao Zhou
University of Nevada, Las Vegas, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 446 (130,317)
Citation 1

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international policy spillover, Chinese real-estate market, U.S. monetary policy, policy uncertainty, FA-VAR, shadow rate

6.

Stock-Bond Return Correlation, Bond Risk Premium Fundamentals, and Fiscal-Monetary Policy Regime

FRB Atlanta Working Paper No. 2020-19
Number of pages: 54 Posted: 20 Apr 2021
Erica X. N. Li, Tao A. Zha, Ji Zhang and Hao Zhou
Cheung Kong Graduate School of Business, Federal Reserve Bank of Atlanta, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 339 (177,580)

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stock-bond return correlation, consumption-inflation correlation, fiscal-monetary policy regime, bond risk premium, technology shock, investment shock

7.

Global Effective Lower Bound and Unconventional Monetary Policy

Downloads 285 (213,380)
Citation 9

Global Effective Lower Bound and Unconventional Monetary Policy

Chicago Booth Research Paper No. 18-05
Number of pages: 45 Posted: 29 May 2018 Last Revised: 10 Apr 2019
Jing Cynthia Wu and Ji Zhang
The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 267 (226,548)

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effective lower bound, unconventional monetary policy, New Keynesian model, two-country open economy

Global Effective Lower Bound and Unconventional Monetary Policy

NBER Working Paper No. w24714
Number of pages: 46 Posted: 18 Jun 2018 Last Revised: 13 Jul 2023
Jing Cynthia Wu and Ji Zhang
The University of Illinois at Urbana-Champaign and Tsinghua University - PBC School of Finance
Downloads 18 (1,072,603)
Citation 9

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8.

The Role of International Financial Integration in Monetary Policy Transmission

Downloads 201 (299,687)

The Role of International Financial Integration in Monetary Policy Transmission

Number of pages: 61 Posted: 06 Apr 2023 Last Revised: 30 Jan 2024
Jing Cynthia Wu, Yinxi Xie and Ji Zhang
The University of Illinois at Urbana-Champaign, Bank of Canada and Tsinghua University - PBC School of Finance
Downloads 197 (304,382)

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monetary policy, financial integration, bond duration, QE, international trade

The Role of International Financial Integration in Monetary Policy Transmission

NBER Working Paper No. w32128
Number of pages: 62 Posted: 12 Feb 2024
Jing Cynthia Wu, Yinxi Xie and Ji Zhang
The University of Illinois at Urbana-Champaign, Bank of Canada and Tsinghua University - PBC School of Finance
Downloads 4 (1,248,710)
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9.

Monetary Policy, Hot Money and Housing Price Growth Across Chinese Cities

PBCSF-NIFR Research Paper
Number of pages: 31 Posted: 24 Mar 2017 Last Revised: 29 Oct 2020
Xiaoyu Huang, Tao Jin and Ji Zhang
Tsinghua University - PBC School of Finance, Tsinghua University - PBC School of Finance and Tsinghua University - PBC School of Finance
Downloads 191 (314,032)
Citation 2

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housing price, monetary policy, hot money, dynamic factor model

10.

The Impact of Securities Regulation on New Keynesian Firms

Peking University, HSBC Business School Working Paper No. 20221104
Number of pages: 56 Posted: 16 Nov 2021 Last Revised: 30 Dec 2022
Erica X. N. Li, Jin Xie and Ji Zhang
Cheung Kong Graduate School of Business, Peking University HSBC Business School and Tsinghua University - PBC School of Finance
Downloads 180 (331,367)

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Nominal Rigidities, New Keynesian Models, Financial Friction, Sarbanes-Oxley Act, Information Disclosure

11.

Unemployment Benefits and Matching Efficiency in an Estimated DSGE Model with Labor Market Search

PBCSF-NIFR Research Paper
Number of pages: 48 Posted: 21 Feb 2016
Ji Zhang
Tsinghua University - PBC School of Finance
Downloads 127 (441,338)

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DSGE, search and matching frictions, unemployment benefits, matching efficiency

12.

Does Unconventional Monetary and Fiscal Policy Contribute to the COVID Inflation Surge?

Downloads 107 (501,795)

Does Unconventional Monetary and Fiscal Policy Contribute to the COVID Inflation Surge?

Number of pages: 31 Posted: 06 Aug 2024
Jing Cynthia Wu, Yinxi Xie and Ji Zhang
The University of Illinois at Urbana-Champaign, Bank of Canada and Tsinghua University - PBC School of Finance
Downloads 104 (516,265)

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inflation, COVID-19, unconventional monetary policy, fiscal stimulus, Phillips curve

Does Unconventional Monetary and Fiscal Policy Contribute to the Covid Inflation Surge?

NBER Working Paper No. w33044
Number of pages: 32 Posted: 29 Oct 2024
Jing Cynthia Wu, Yinxi Xie and Ji Zhang
The University of Illinois at Urbana-Champaign, Bank of Canada and Tsinghua University - PBC School of Finance
Downloads 3 (1,261,856)
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13.

Nominal Rigidities, Earnings Manipulation, and Securities Regulation

Number of pages: 61 Posted: 11 Nov 2024 Last Revised: 19 Nov 2024
Erica X. N. Li, Pengfei Wang, Jin Xie and Ji Zhang
Cheung Kong Graduate School of Business, Peking University HSBC Business School, Peking University HSBC Business School and Tsinghua University - PBC School of Finance
Downloads 70 (650,200)

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14.

State-Promoted Investment for Industrial Reforms: An Information Design Approach

Number of pages: 25 Posted: 16 Jun 2021
Keeyoung Rhee, Myungkyu Shim and Ji Zhang
Sungkyunkwan University - Department of Economics, Yonsei University - School of Economics and Tsinghua University - PBC School of Finance
Downloads 43 (808,908)

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Bayesian persuasion, information friction, state-promoted investments