Kaiji Chen

Emory University - Department of Economics

Associate Professor

1602 Fishburne Drive

Atlanta, GA 30322

United States

http://https://sites.google.com/site/chenkaiji/research

Federal Reserve Bank of Atlanta

Research Fellow

1000 Peachtree Street N.E.

Atlanta, GA 30309-4470

United States

  • Emory University - Department of Economics

  • Federal Reserve Bank of Atlanta

SCHOLARLY PAPERS

17

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Top 8,694

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91

CROSSREF CITATIONS

31

Scholarly Papers (17)

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1.

The Great Housing Boom of China

Downloads 371 ( 84,478)
Citation 18

The Great Housing Boom of China

FRB St. Louis Working Paper No. 2014-22
Number of pages: 68 Posted: 06 Oct 2015
Kaiji Chen and Yi Wen
Emory University - Department of Economics and Federal Reserve Bank of St. Louis - Research Department
Downloads 244 (132,167)
Citation 2

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Housing Bubble, Resource Misallocation, Chinese Economy, Development, Economic Transition.

The Great Housing Boom of China

FRB of St. Louis Working Paper No. 2014-022A
Number of pages: 59 Posted: 24 Aug 2014
Kaiji Chen and Yi Wen
Emory University - Department of Economics and Federal Reserve Bank of St. Louis - Research Department
Downloads 127 (237,209)
Citation 19

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Housing Bubble, Resource Misallocation, Chinese Economy, Development, Economic Transition

2.

The Japanese Saving Rate

Marshall School of Business Working Paper No. FBE 03-06
Number of pages: 28 Posted: 19 Jul 2006
Kaiji Chen, Ayse Imrohoroglu and Selahattin Imrohoroglu
Emory University - Department of Economics, University of Southern California - Marshall School of Business and University of Southern California - Department of Finance and Business Economics
Downloads 272 (118,083)
Citation 17

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Consumption, Saving, Business Fluctuations, Cycles

3.

Trends and Cycles in China's Macroeconomy

Downloads 143 (179,563)
Citation 18

Trends and Cycles in China's Macroeconomy

FRB Atlanta Working Paper No. 2015-5
Number of pages: 74 Posted: 02 Jul 2015
Chun Chang, Kaiji Chen, Daniel F. Waggoner and Tao A. Zha
Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), Emory University - Department of Economics, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 130 (231,522)

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reallocation, between-sector effect, total factor productivity growth, heavy versus light sectors, long-term versus short-term loans, labor share, lending frictions, incentive compatibility

Trends and Cycles in China's Macroeconomy

NBER Working Paper No. w21244
Number of pages: 75 Posted: 08 Jun 2015
Chun Chang, Kaiji Chen, Daniel F. Waggoner and Tao A. Zha
Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), Emory University - Department of Economics, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 13 (615,534)
Citation 11

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4.

Precautionary Corporate Liquidity

Univ. of Zurich Working Paper No. 465
Number of pages: 24 Posted: 20 Feb 2010
Kaiji Chen, Zheng Michael Song and Yikai Wang
Emory University - Department of Economics, Fudan University - School of Economics and University of Zurich
Downloads 144 (212,770)

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News, Financial Constraint, Corporate Savings

5.

Financial Frictions on Capital Allocation: A Transmission Mechanism of TFP Fluctuations

Number of pages: 58 Posted: 14 May 2009
Kaiji Chen and Zheng Michael Song
Emory University - Department of Economics and Fudan University - School of Economics
Downloads 141 (216,372)
Citation 9

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Financial Friction, Capital Reallocation, TFP Fluctuation, News Shock

6.

What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending

Downloads 121 (243,554)

What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending

FRB Atlanta Working Paper No. 2016-1
Number of pages: 63 Posted: 01 Feb 2016
Kaiji Chen, Jue Ren and Tao A. Zha
Emory University - Department of Economics, Texas Christian University - M.J. Neeley School of Business and Federal Reserve Bank of Atlanta
Downloads 102 (276,719)

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Regulatory arbitrage, asset pricing, institutional asymmetry, entrusted loans, risk taking, shadow loans, bank loans, nonloan investment, nonbank trustees, small banks, large banks, balance sheet, optimal decisions

What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending

NBER Working Paper No. w21890
Number of pages: 64 Posted: 20 Jan 2016
Kaiji Chen, Jue Ren and Tao A. Zha
Emory University - Department of Economics, Texas Christian University - M.J. Neeley School of Business and Federal Reserve Bank of Atlanta
Downloads 19 (573,492)

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7.

Financial Friction, Capital Reallocation and News-Driven Business Cycles

Number of pages: 40 Posted: 11 Jul 2007
Kaiji Chen and Zheng Michael Song
Emory University - Department of Economics and Fudan University - School of Economics
Downloads 82 (315,916)
Citation 2

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Financial Friction, Capital Reallocation, Business Cycle

8.

Misallocation and the Recovery of Manufacturing TFP after a Financial Crisis

Norges Bank Working Paper 2013/01
Number of pages: 36 Posted: 23 May 2013
Kaiji Chen and Alfonso A. Irarrazabal
Emory University - Department of Economics and New York University (NYU) - Department of Economics
Downloads 80 (320,553)
Citation 6

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Misallocation, TFP, Chile

9.

A Life-Cycle Analysis of Social Security with Housing

Number of pages: 48 Posted: 02 Jun 2009 Last Revised: 20 Dec 2013
Kaiji Chen
Emory University - Department of Economics
Downloads 68 (351,345)
Citation 1

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durable goods, housing market frictions, housing tenure choice, social security

10.

Macroeconomic Effects of China's Financial Policies

Downloads 63 (365,631)

Macroeconomic Effects of China's Financial Policies

FRB Atlanta Working Paper No. 2018-12
Number of pages: 40 Posted: 28 Jan 2019 Last Revised: 21 Feb 2019
Kaiji Chen and Tao A. Zha
Emory University - Department of Economics and Federal Reserve Bank of Atlanta
Downloads 51 (410,943)

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marketized tools, regime change, growth, investment, capital intensity, local governments, regulations, shadow banking, debts, real estate, preferential credits, industrialization, SOEs, POEs, heavy and light sectors, monetary stimulus, trends and cycles

Macroeconomic Effects of China's Financial Policies

NBER Working Paper No. w25222
Number of pages: 41 Posted: 05 Nov 2018
Kaiji Chen and Tao A. Zha
Emory University - Department of Economics and Federal Reserve Bank of Atlanta
Downloads 12 (623,064)
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11.

Impacts of Monetary Stimulus on Credit Allocation and Macroeconomy: Evidence from China

Downloads 61 (371,647)
Citation 3

Impacts of Monetary Stimulus on Credit Allocation and Macroeconomy: Evidence from China

FRB Atlanta Working Paper No. 2016-9
Number of pages: 52 Posted: 26 Sep 2016 Last Revised: 21 Oct 2017
Kaiji Chen, Daniel F. Waggoner, Patrick C. Higgins and Tao A. Zha
Emory University - Department of Economics, Federal Reserve Bank of Atlanta, Federal Reserve Banks - Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 48 (422,138)
Citation 1

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asymmetric credit allocation, endogenous regime switching, debt-to-GDP ratio, heavy GDP, heavy loans, real estate, land prices, GDP growth target, nonlinear effects

Impacts of Monetary Stimulus on Credit Allocation and the Macroeconomy: Evidence from China

NBER Working Paper No. w22650
Number of pages: 53 Posted: 20 Sep 2016 Last Revised: 01 Oct 2016
Kaiji Chen, Patrick C. Higgins, Daniel F. Waggoner and Tao A. Zha
Emory University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Atlanta, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 13 (615,534)

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12.

Markovian Social Security in Unequal Societies

Downloads 59 (377,723)
Citation 3

Markovian Social Security in Unequal Societies

Number of pages: 40 Posted: 24 Mar 2009
Kaiji Chen and Zheng Michael Song
Emory University - Department of Economics and Fudan University - School of Economics
Downloads 59 (383,136)
Citation 4

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Intertemporal Tax Linkage, Markov Perfect Equilibrium, Political Economy, Redistribution, Social Security, Wage Inequality

Markovian Social Security in Unequal Societies

The Scandinavian Journal of Economics, Vol. 116, Issue 4, pp. 982-1011, 2014
Number of pages: 30 Posted: 23 Sep 2014
Kaiji Chen and Zheng Michael Song
Emory University - Department of Economics and Fudan University - School of Economics
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Inequality, intertemporal tax linkage, redistribution

13.

The Welfare Implications of Social Security for Homeowners

Number of pages: 45 Posted: 02 May 2006
Kaiji Chen
Emory University - Department of Economics
Downloads 51 (404,119)
Citation 1

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Housing, Social Security

14.

Investment-Specific Technology Shocks: The Source of Anticipated TFP Fluctuations

Number of pages: 40 Posted: 24 Feb 2014
Kaiji Chen and Edouard Wemyz
Emory University - Department of Economics and Emory University
Downloads 48 (414,692)
Citation 1

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Investment-specific Technological Change, News Shocks, TFP, General-purpose Technology, Spillover

15.

The Role of Allocative Efficiency in a Decade of Recovery

Number of pages: 48 Posted: 04 Dec 2013
Kaiji Chen and Alfonso Irarrazabal
Emory University - Department of Economics and BI Norwegian School of Business
Downloads 43 (433,580)
Citation 5

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Allocative Efficiency, TFP, Banking Reform, Preferential Credit Policy, Chile

16.

Debt and the U.S. Economy

Number of pages: 34 Posted: 27 Sep 2012
Kaiji Chen and Ayse Imrohoroglu
Emory University - Department of Economics and University of Southern California - Marshall School of Business
Downloads 43 (433,580)
Citation 2

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government debt, tax distortion

17.

Assessing the Macroeconomic Impact of Bank Intermediation Shocks: A Structural Approach

FRB Atlanta Working Paper No. 2015-8
Number of pages: 43 Posted: 07 Sep 2017
Kaiji Chen and Tao A. Zha
Emory University - Department of Economics and Federal Reserve Bank of Atlanta
Downloads 40 (445,678)

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intermediation cost, credit supply channel, micro bank-level data, call report, senior loan officers, identification, supply and demand, intermediation costs, endogenous monitoring activities