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Visiting Professor
Jinhui Bai
Ph.D., Economics, Yale University
Research Interests: Macroeconomics, Political Economy and Economic Theory
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jinhui.bai@gmail.com
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Office:
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Biography
Education
Ph.D., Economics, Department of Economics, Yale University, May 2006
M.A., Economics, National School of Development, Peking University, June 2001
B.A., Economics, School of Economics, Renmin University of China, June 1998

Academic Experience
Associate Professor, School of Economic Sciences, Washington State University, August 2014 to present
Assistant Professor, Department of Economics, Georgetown University, August 2006 – July 2014

Part-Time Affiliations
Research Fellow, Sargent Institute of Quantitative Economics and Finance at Peking University HSBC Business School, 2019 - current
CCER Associate, 2018 – current
Publications
[1] Bachmann, R., J.H. Bai, 2013. Public Consumption over the Business Cycle. Quantitative Economics, 4 (3), 417-451.
[2] Bachmann, R., J.H. Bai, 2013. Politico-economic Inequality and the Comovement of Government Purchases. Review of Economic Dynamics. 16 (4), 565-580. (Lead Article)
[3] Bai, J.H., R. Lagunoff, 2013. Revealed Political Power. International Economic Review, 54 (4), 1085-1115. (Lead Article)
[4] Bai, J.H., R. Lagunoff, 2011. On the Faustian Dynamics of Policy and Political Power. Review of Economic Studies, 78 (1), 17-48.
[5] Bai, J.H., I. Schwarz, 2006. Monetary equilibria in a cash-in-advance economy with incomplete financial markets. Journal of Mathematical Economics, 42, 422-451.
 
Working Papers
[1] Bai, J.H., D. Cao, 2018, Asset Pricing with Idiosyncratic Income Risks.
[2] Bachmann, R., J.H. Bai, M. Lee, and F. Zhang, 2018, The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation. CEPR Discussion Papers 12384. Last updated May 2018. Under Revision for Resubmission.
[3] Bai, J.H., 2005. Stationary monetary equilibrium in a Baumol-Tobin exchange economy: Theory and computation. Last updated December 2005.
 
Work in Progress
 [1] Bai, J.H., Z. Feng, Time-Consistent Government Debt.
 
Journal Articles in Chinese
[1] Bai, J.H., 2002. On cash demand in China. China Economic Quarterly 1, 899-922. (白金辉,2002, 中国居民现金需求研究,《经济学》(季刊),第一卷,899-922.)
 
Popular Press Articles in Chinese
[1] Bai, J.H., 2017. Fiscal Transition and Monetary Policy in the United States. Tsinghua Financial Review, March Issue, pp 36-39. (白金辉,美国财政政策转型及其对货币政策的影响,《清华金融评论》,2017年第3期,36-39页。)
PhD Macroeconomics (I), WSU, Fall 2015, 2017-2019; Georgetown, Fall 2010-2013

PhD Macroeconomics (II), Tsinghua, Spring 2017-2018; WSU, Spring 2015; Georgetown, Spring 2007-2009

Master Macroeconomics, WSU, Spring 2016, Fall 2017-2019

Topics in Macroeconomics, CUFE, Winter 2015; SUFE, Summer 2014; PKU, Summer 2011

Money and Banking, WSU, Fall 2014 - Spring 2016

Intermediate Macroeconomics, Georgetown, Fall 2006-2013, Spring 2011-2014