selected publications academicarticle Grochulski, B., & Zhang, Y. (2023). Termination as an incentive device. Theoretical Economics. 18(1), 381-419. Jiang, S., Miao, J., & Zhang, Y. (2022). CHINA'S HOUSING BUBBLE, INFRASTRUCTURE INVESTMENT, AND ECONOMIC GROWTH. International Economic Review. 63(3), 1189-1237. Ravikumar, B. (2022). Private Information and Optimal Infant Industry Protection Jiang, S., & Zhang, Y. (2020). ON THE PACIFIC SALMON TREATY. Economic Journal. 130(626), 489-510. Grochulski, B., & Zhang, Y. (2019). Optimal liquidity policy with shadow banking. Economic Theory. 68(4), 967-1015. Grochulski, B., Wong, R., & Zhang, Y (2017). Optimal Incentive Contracts with Job Destruction Risk Grochulski, B., & Zhang, Y. (2017). MARKET-BASED INCENTIVES. 58(2), 331-382. Grochulski, B., & Zhang, Y (2016). Optimal Contracts with Reflection Miao, J., & Zhang, Y. (2015). A duality approach to continuous-time contracting problems with limited commitment. 159, 929-988. Fuller, D. L., Ravikumar, B., & Zhang, Y. (2015). Unemployment Insurance Fraud and Optimal Monitoring. 7(2), 249-290. Mitchell, M., & Zhang, Y. (2015). SHARED PATENT RIGHTS AND TECHNOLOGICAL PROGRESS. International Economic Review. 56(1), 95-132. Grochulski, B., & Zhang, Y. (2014). Optimal Institutions in Economies with Private Information: Exclusive Contracts, Taxes, and Bankruptcy Law. 353-385. Tian, G., & Zhang, Y. (2013). When can we do better than autarky?. Economics Letters. 119(3), 328-331. Zhang, Y. (2013). Characterization of a risk sharing contract with one-sided commitment. 37(4), 794-809. Grochulski, B., & Zhang, Y. (2013). Saving for Retirement with Job Loss Risk. 45-81. Fuller, D. L., Ravikumar, B., & Zhang, Y (2013). Unemployment benefits: how much money goes unclaimed, Zhang, Y (2013). Who Is Concealing Earnings and Still Collecting Unemployment Benefits?. 12-13. Ravikumar, B., & Zhang, Y. (2012). Optimal auditing and insurance in a dynamic model of tax compliance. Theoretical Economics. 7(2), 241-282. Fuller, D. L., Ravikumar, B., & Zhang, Y (2012). Unemployment Insurance Fraud Fuller, D. L., Ravikumar, B., & Zhang, Y (2012). Unemployment Insurance: Payments, Overpayments and Unclaimed Benefits. 20(4), 12-13. Grochulski, B., & Zhang, Y. (2011). Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment. Journal of Economic Theory. 146(6), 2356-2388. Gong, L., & Zou, H. (2008). Foreign aid, public spending, optimal fiscal and monetary policies, and long-run growth Zhang, Y. Dynamic contracting with persistent shocks. Journal of Economic Theory. 144(2), 635-675. Zhang, Y. Stochastic optimal growth with a non-compact state space. Journal of Mathematical Economics. 43(2), 115-129. Mitchell, M., & Zhang, Y. Unemployment insurance with hidden savings. Journal of Economic Theory. 145(6), 2078-2107.
teaching activities ECON410 Macroeconomic Theory Instructor ECON491 Research Instructor ECON636 Macroeconomic Theory I Instructor ECON685 Directed Studies Instructor ECON690 Theory Of Econ Reserch Instructor ECON691 Research Instructor
education and training Ph.D. in Economics, University of Minnesota - (Minneapolis, Minnesota, United States) 2006 B.A. in Economics, Wuhan University - (Wuhan, China) 2000 B.S. in Mathematics, Wuhan University - (Wuhan, China) 2000