Ye Li

University of Washington - Foster School of Business

Box 353200

Seattle, WA 98195

United States

http://https://yeli-macrofinance.com/

  • University of Washington - Foster School of Business

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 6,324

SSRN RANKINGS

Top 6,324

in Total Papers Downloads

11,704

SSRN CITATIONS
Rank 3,464

SSRN RANKINGS

Top 3,464

in Total Papers Citations

382

CROSSREF CITATIONS

84

Scholarly Papers (13)

Actions:
Email selected abstracts
1.

Tokenomics: Dynamic Adoption and Valuation

Downloads 4,792 ( 3,273)
Citation 143

Tokenomics: Dynamic Adoption and Valuation

Becker Friedman Institute for Research in Economics Working Paper No. 2018-49, Fisher College of Business Working Paper No. 2018-03-015, Charles A. Dice Center Working Paper No. 2018-15, Columbia Business School Research Paper No. 18-62
Number of pages: 76 Posted: 30 Jul 2018 Last Revised: 14 Dec 2020
Lin William Cong, Ye Li and Neng Wang
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Washington - Foster School of Business and Columbia University - Columbia Business School, Finance
Downloads 4,535 (3,547)
Citation 28

Abstract:

Loading...

Blockchain, Carry Cost, Convenience Yield, Cryptocurrency, FinTech, Intertemporal Feedback, Means of Payment, Network Externality, Platform, Token

Tokenomics: Dynamic Adoption and Valuation

NBER Working Paper No. w27222
Number of pages: 67 Posted: 26 May 2020 Last Revised: 20 May 2023
Lin William Cong, Ye Li and Neng Wang
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Washington - Foster School of Business and Columbia University - Columbia Business School, Finance
Downloads 257 (197,116)
Citation 3

Abstract:

Loading...

2.

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking

Downloads 2,155 (12,054)
Citation 5

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking

Fisher College of Business Working Paper No. 2020-03-030, Charles A. Dice Center Working Paper No. 2020-30
Number of pages: 78 Posted: 30 Dec 2020 Last Revised: 08 Apr 2022
Ye Li and Simon Mayer
University of Washington - Foster School of Business and Carnegie Mellon University
Downloads 1,869 (14,883)
Citation 1

Abstract:

Loading...

Stablecoin, platforms, regulation, decentralized finance, financial instability

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking

CESifo Working Paper No. 9260
Number of pages: 75 Posted: 31 Aug 2021
Ye Li and Simon Mayer
University of Washington - Foster School of Business and Carnegie Mellon University
Downloads 286 (176,831)

Abstract:

Loading...

stablecoin, instability, regulation, debasement, big data, payment, collateral, shadow banking

3.

Token-based Platform Finance

Downloads 1,709 (17,384)
Citation 50

Token-based Platform Finance

Fisher College of Business Working Paper No. 2019-03-028, Charles A. Dice Center Working Paper No. 2019-28, Columbia Business School Research Paper Forthcoming
Number of pages: 64 Posted: 29 Oct 2019 Last Revised: 03 May 2021
Lin William Cong, Ye Li and Neng Wang
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Washington - Foster School of Business and Columbia University - Columbia Business School, Finance
Downloads 1,687 (17,432)
Citation 6

Abstract:

Loading...

Blockchain, Cryptocurrency, Dynamic Corporate Financing, Durable Goods, Gig Economy, Optimal Token Supply, Time Inconsistency, Token/Coin Offering

Token-Based Platform Finance

NBER Working Paper No. w27810
Number of pages: 64 Posted: 14 Sep 2020 Last Revised: 28 Jun 2023
Lin William Cong, Ye Li and Neng Wang
Cornell University - Samuel Curtis Johnson Graduate School of Management, University of Washington - Foster School of Business and Columbia University - Columbia Business School, Finance
Downloads 22 (859,176)
Citation 42

Abstract:

Loading...

4.

Dynamic Banking and the Value of Deposits

Downloads 483 (99,178)
Citation 3

Dynamic Banking and the Value of Deposits

Fisher College of Business Working Paper No. 2020-03-013, Charles A. Dice Working Paper No. 2020-13
Number of pages: 65 Posted: 10 Jun 2020 Last Revised: 12 Apr 2023
Patrick Bolton, Ye Li, Neng Wang and Jinqiang Yang
Imperial College London, University of Washington - Foster School of Business, Columbia University - Columbia Business School, Finance and Columbia University
Downloads 470 (101,319)
Citation 2

Abstract:

Loading...

Deposits, Dynamic Banking, Q-Theory, Risk Management, Financial Constraint, Supplementary Leverage Ratio, Low Interest Rate, Inside Money, Payment

Dynamic Banking and the Value of Deposits

NBER Working Paper No. w28298
Number of pages: 61 Posted: 04 Jan 2021 Last Revised: 28 Apr 2023
Patrick Bolton, Ye Li, Neng Wang and Jinqiang Yang
Imperial College London, University of Washington - Foster School of Business, Columbia University - Columbia Business School, Finance and Columbia University
Downloads 13 (949,092)
Citation 1

Abstract:

Loading...

5.

Network Risk and Key Players: A Structural Analysis of Interbank Liquidity

Fisher College of Business Working Paper No. 2018-03-011, Charles A. Dice Center Working Paper No. 2018-11, Columbia Business School Research Paper No. 17-6
Number of pages: 76 Posted: 14 Dec 2016 Last Revised: 17 Aug 2020
Edward Denbee, Christian Julliard, Ye Li and Kathy Yuan
Bank of England, London School of Economics & Political Science (LSE) - Department of Finance, University of Washington - Foster School of Business and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 467 (103,163)
Citation 26

Abstract:

Loading...

financial networks, liquidity, interbank market, payment systems, payment velocity, payment multiplier, key players, systemic risk

6.

Firm Quality Dynamics and the Slippery Slope of Credit Intervention

USC Marshall School of Business Research Paper, Fisher College of Business Working Paper No. 2020-03-028, Proceedings of Paris December 2021 Finance Meeting EUROFIDAI - ESSEC, Charles A. Dice Working Paper No. 2020-28
Number of pages: 92 Posted: 01 Dec 2020 Last Revised: 18 Jul 2022
Wenhao Li and Ye Li
University of Southern California - Marshall School of Business and University of Washington - Foster School of Business
Downloads 453 (106,973)

Abstract:

Loading...

heterogeneous firms, firm distribution, credit intervention, liquidity facility, unconventional monetary policy, collateral, limited commitment, corporate liquidity management, disaster, financial crises, Covid-19 pandemic

7.

The Network Structure of Money Multiplier

Charles A. Dice Working Paper No. 2021-22, Fisher College of Business Working Paper No. 2021-03-022, Columbia Business School Research Paper
Number of pages: 87 Posted: 01 Jan 2022 Last Revised: 07 Dec 2022
Ye Li, Yi Li and Huijun Sun
University of Washington - Foster School of Business, Board of Governors of the Federal Reserve System and Columbia University - Columbia Business School
Downloads 443 (109,775)

Abstract:

Loading...

Credit supply, inside money, payment, network, externalities, systemic risk

8.

Public Liquidity and Intermediated Liquidity

Columbia Business School Research Paper No. 17-106, Fisher College of Business Working Paper No. 2017-03-24, Charles A. Dice Center Working Paper No. 2017-24
Number of pages: 61 Posted: 25 Oct 2017 Last Revised: 28 Nov 2022
Ye Li
University of Washington - Foster School of Business
Downloads 424 (115,528)
Citation 6

Abstract:

Loading...

Procyclicality, government debt, liquidity, leverage cycle, reaching for yield, financial instability, slow recovery

9.

Payment Risk and Bank Lending: The Tension between the Monetary and Financing Roles of Deposits

Fisher College of Business Working Paper No. 2021-03-017, Charles A. Dice Center Working Paper No. 2021-17
Number of pages: 75 Posted: 08 Nov 2021 Last Revised: 26 Apr 2023
Ye Li and Yi Li
University of Washington - Foster School of Business and Board of Governors of the Federal Reserve System
Downloads 393 (126,151)

Abstract:

Loading...

Credit supply, deposits, payment, funding stability, monetary policy transmission

10.

Delegation Uncertainty

Columbia Business School Research Paper No. 15-54, Fisher College of Business Working Paper No. 2018-03-022, Charles A. Dice Center Working Paper No. 2018-22
Number of pages: 71 Posted: 25 Apr 2015 Last Revised: 27 Nov 2018
Ye Li and Chen Wang
University of Washington - Foster School of Business and University of Notre Dame - Mendoza College of Business
Downloads 146 (329,379)

Abstract:

Loading...

Model Uncertainty, Delegated Portfolio Management, Ambiguity Premium, Heterogeneous Belief, Cross-Sectional Asset Pricing

11.

Fragile New Economy: Intangible Capital, Corporate Savings Glut, and Financial Instability

Columbia Business School Research Paper No. 15-46
Number of pages: 78 Posted: 25 Apr 2015 Last Revised: 23 Mar 2023
Ye Li
University of Washington - Foster School of Business
Downloads 116 (392,114)
Citation 5

Abstract:

Loading...

Intangible Capital, Asset Shortage, Savings Glut, Liquidity Creation, Endogenous Risk, Interest rate, Financial Intermediaries

12.

The Persistent Effects of Financial Crises on the Composition of Real Investment

Fisher College of Business Working Paper No. 2021-03-19, Charles A. Dice Center Working Paper No. 2021-19
Number of pages: 78 Posted: 16 Nov 2021 Last Revised: 01 Jun 2022
Sheila Jiang, Ye Li and Douglas Xu
University of Florida - Department of Finance, Insurance and Real Estate, University of Washington - Foster School of Business and University of Florida - Warrington College of Business Administration
Downloads 113 (399,707)

Abstract:

Loading...

Intangible investment, capital heterogeneity, cash holdings, slow recovery

13.

Stock Market Duration

Number of pages: 80
Ye Li and Chen Wang
University of Washington - Foster School of Business and University of Notre Dame - Mendoza College of Business
Downloads 10

Abstract:

Loading...

stock market duration, state space dimension, cash flow expectations, return predictability