Xuan Liu

East Carolina University - Department of Economics

Brewster Building

Greenville, NC 27858

United States

SCHOLARLY PAPERS

9

DOWNLOADS

357

SSRN CITATIONS

9

CROSSREF CITATIONS

1

Ideas:
“  I am working on numerical algorithms in solving DSGE models, creating disaggregated macro models, and testing key assumptions in macro models.  ”

Scholarly Papers (9)

1.

Does Relative Risk Aversion Vary with Wealth? Evidence from Households' Portfolio Choice Data

Number of pages: 41 Posted: 04 Apr 2012 Last Revised: 11 Feb 2016
Xuan Liu, Fang Yang and Zongwu Cai
East Carolina University - Department of Economics, Louisiana State University, Baton Rouge and University of North Carolina at Charlotte
Downloads 123 (293,932)
Citation 3

Abstract:

Loading...

time-varying relative risk aversion, habit formation preferences, micro data, portfolio choice

2.

Equity Returns and Business Cycles in Small Open Economies

Journal of Money, Credit, and Banking, 45(6), 1117-1146. DOI: 10.1111/jmcb.12046
Number of pages: 40 Posted: 16 Sep 2011 Last Revised: 20 Aug 2013
Board of Governors of the Federal Reserve System, East Carolina University - Department of Economics and East Carolina University - Department of Economics
Downloads 81 (386,496)
Citation 6

Abstract:

Loading...

Asset Pricing, Equity Returns, Dynamic Stochastic General Equilibrium Model, Real Business Cycle, Small Open Economy

Time-Varying Relative Risk Aversion: Mechanisms and Evidence

Number of pages: 50 Posted: 17 Apr 2020 Last Revised: 26 Dec 2020
Xuan Liu, Haiyong Liu and Zongwu Cai
East Carolina University - Department of Economics, East Carolina University - Department of Economics and University of Kansas - School of Business - Economics Area
Downloads 48 (510,537)

Abstract:

Loading...

Time-varying relative risk aversion; household-level data; portfolio choice; GHH preferences; risky shares; wealth; labor income.

Time-Varying Relative Risk Aversion: Mechanisms and Evidence

Number of pages: 51 Posted: 13 May 2021 Last Revised: 29 Nov 2021
Xuan Liu, Haiyong Liu and Zongwu Cai
East Carolina University - Department of Economics, East Carolina University - Department of Economics and University of Kansas - School of Business - Economics Area
Downloads 21 (672,593)

Abstract:

Loading...

Time-varying relative risk aversion, household-level data, portfolio choice, GHH preferences, risky shares, wealth, labor income.

4.

GHH Preferences on Households' Portfolio Choices: Theoretical Implications and Empirical Evidence

Number of pages: 37 Posted: 06 Feb 2019 Last Revised: 25 Nov 2019
Zongwu Cai, Haiyong Liu and Xuan Liu
University of North Carolina at Charlotte, East Carolina University - Department of Economics and East Carolina University - Department of Economics
Downloads 56 (468,694)

Abstract:

Loading...

Macro Model Assumption Testing; GHH Preferences; Portfolio Choice; Labor Income; Household Level Data

5.

Long-Term Instability of A Monetary Union

Number of pages: 34 Posted: 23 Jul 2018 Last Revised: 13 Jun 2021
TJ Cheng and Xuan Liu
College of William and Mary and East Carolina University - Department of Economics
Downloads 26 (616,944)

Abstract:

Loading...

Optimal fiscal policy; optimal monetary policy; time inconsistency; impossible trinity; externality; overborrowing; self-fulfilling high inflation.

6.

Liquidity Constraints, Maturity Structure and Time‐Consistency of Fiscal Policy

Economic Record, Vol. 87, Issue 278, pp. 480-493, 2011
Number of pages: 14 Posted: 22 Aug 2011
Xuan Liu
East Carolina University - Department of Economics
Downloads 2 (800,927)
  • Add to Cart

Abstract:

Loading...

E6, F4

7.

Approximation Errors of Perturbation Methods in Solving a Class of Dynamic Stochastic General Equilibrium Models

Computational Economics, Vol. 38(2), 107-128.
Posted: 10 Apr 2012 Last Revised: 28 Mar 2013
Xuan Liu and Zhiwei Cui
East Carolina University - Department of Economics and Independent

Abstract:

Loading...

perturbation method, approximation error, Lucas distributions

8.

The Efficiency of Observability and Mutual Linkage

2009, B.E. Journal of Theoretical Economics (contributions), Vol. 9(1), Article 23.
Posted: 10 Apr 2012 Last Revised: 28 Mar 2013
Xuan Liu, Zhiwei Cui and Jian Zhai
East Carolina University - Department of Economics, Independent and Independent

Abstract:

Loading...

adaptive learning dynamics, multiple locations, reference structure, observability, mutual linkage, stochastic stability

9.

Time Consistency of Optimal Monetary and Fiscal Policy in a Small Open Economy

Journal of International Money and Finance, Volume 36, September 2013, Pages 47–67
Posted: 04 Apr 2012 Last Revised: 06 May 2013
Xuan Liu
East Carolina University - Department of Economics

Abstract:

Loading...

Time consistency, Optimal monetary and fiscal policy, Small open economy