Assistant Professor of Finance
Ross School of Business R4430
The University of Michigan
701 Tappan Street
Ann Arbor, MI 48109
Asset pricing, fixed income, macroeconomics.
Bond Risk Premiums and Optimal Monetary Policy, Review of Economic Dynamics, Volume 15, Issue 1, January 2012.
Arbitrage Free Bond Pricing with Dynamic Macroeconomic Models (with Michael Gallmeyer, Burton Hollifield and Stanley Zin), The Federal Reserve Bank of St. Louis Review, July/August 2007.
Term Premium Dynamics and the Taylor Rule (with Michael Gallmeyer, Burton Hollifield and Stanley Zin), February, 2009.
Monetary Policy, Time-Varying Risk Premiums, and the Economic Content of Bond Yields, August, 2010.
A Simple Solution Method for Models with Time-Varying Volatility (with Alex Hsu), October 2011.
Nominal Rigidities, Asset Returns, and Monetary Policy (with Erica X.N. Li), May 2012.
This is a previous version of the paper that focuses on policy shocks: Monetary Policy Risk and the Cross Section of Stock Returns
What Do Nominal Rigidities and Monetary Policy Tell Us about the Real Yield Curve? (with Erica X.N. Li and Alex Hsu), November 2012.
Creative Destruction and Asset Returns (with Robert Dittmar and Ozge Sahin).
Long Run Risk in Labor and Leisure (with Robert Dittmar and Wei Yang), September 2012.