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