Details about Shouyong Shi

Access statistics for papers by Shouyong Shi.

Last updated 2009-11-21. Update your information in the RePEc Author Service.

Short-id: psh12

Working Papers

2009

1. Block Recursive Equilibria for Stochastic Models of Search on the Job
   Working Papers, University of Toronto, Department of Economics
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2009) View citations
2. Efficient Search on the Job and the Business Cycle
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2008) View citations
   Working Papers, University of Toronto, Department of Economics (2008) View citations
3. Efficient Search on the Job and the Business Cycle, Second Version
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
4. Liquidity, Innovation and Growth
   Working Papers, University of Toronto, Department of Economics
   Also in IEW - Working Papers, Institute for Empirical Research in Economics - IEW (2009)

2008

5. An Equilibrium Theory of Learning, Search and Wages
   Working Papers, University of Toronto, Department of Economics
6. Directed Search for Equilibrium Wage-Tenure Contracts
   Working Papers, University of Toronto, Department of Economics
   Also in Working Papers, University of Toronto, Department of Economics (2006) View citations
   See also Journal Article in Econometrica (2009)
7. Efficiency Improvement from Restricting the Liquidity of Nominal Bonds
   Working Papers, University of Toronto, Department of Economics
   See also Journal Article in Journal of Monetary Economics (2008)
8. On-the-Job Search and Business Cycles
   Working Papers, University of Toronto, Department of Economics View citations
9. Vehicle Currency
   Working Papers, University of Toronto, Department of Economics View citations
   Also in Globalization and Monetary Policy Institute Working Paper, Federal Reserve Bank of Dallas (2008) View citations

2007

10. An Equilibrium Theory of Declining Reservation Wages and Learning
    Working Papers, University of Toronto, Department of Economics View citations
11. Pricing and Signaling with Frictions
    Working Papers, University of Toronto, Department of Economics View citations

2006

12. A Microfoundation of Monetary Economics
    Working Papers, University of Toronto, Department of Economics
13. Currency Areas and Monetary Coordination
    Working Papers, University of Toronto, Department of Economics
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations
14. Money, Price Dispersion and Welfare
    Working Papers, University of Toronto, Department of Economics View citations
    See also Journal Article in Economic Theory (2004)
15. Search Theory; Current Perspectives
    Working Papers, University of Toronto, Department of Economics
16. The Variability of Velocity of Money in a Search Model
    Working Papers, University of Toronto, Department of Economics View citations
    See also Journal Article in Journal of Monetary Economics (2006)
17. Wage Differentials, Discrimination and Efficiency
    Working Papers, University of Toronto, Department of Economics View citations
    See also Journal Article in European Economic Review (2006)
18. Welfare Improvement from Restricting the Liquidity of Nominal Bonds
    Working Papers, University of Toronto, Department of Economics View citations
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations

2004

19. Friedman meets Hosios: efficiency in search models of money
    Working Paper, Federal Reserve Bank of Cleveland View citations
    Also in Working Papers, University of Toronto, Department of Economics (2002)
    IEW - Working Papers, Institute for Empirical Research in Economics - IEW View citations
    See also Journal Article in Economic Journal (2007)

2003

20. A Search-Theoretic Model of Bureaucracy and Corruption
    Working Papers, University of Toronto, Department of Economics
21. Directed Search On the Job and the Wage Ladder
    Working Papers, University of Toronto, Department of Economics View citations
    See also Journal Article in International Economic Review (2006)
22. Liquidity, Interest Rates and Output
    Working Papers, University of Toronto, Department of Economics View citations
    Also in Levine's Bibliography, UCLA Department of Economics (2003)

2002

23. A Fundamental Theory of Exchange Rates and Direct Currency Trades
    Working Papers, University of Toronto, Department of Economics View citations
    Also in Working Papers, Queen's University, Department of Economics (2000) View citations
    See also Journal Article in Journal of Monetary Economics (2003)
24. Frictional Assignment, Part II: Infinite Horizon and Inequality
    Working Papers, University of Toronto, Department of Economics
    See also Journal Article in Review of Economic Dynamics (2005)
25. Nominal Bonds and Interest Rates: The Case of One-Period Bonds
    Working Papers, University of Toronto, Department of Economics View citations
26. Signalling in the Internet Craze of Initial Public Offerings
    Working Papers, University of Toronto, Department of Economics
    See also Journal Article in Journal of Corporate Finance (2006)
27. The Extent of the Market and the Optimal Degree of Specialization
    Working Papers, University of Toronto, Department of Economics View citations

2000

28. Screening, Bidding, and the Loan Market Tightness
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations
    Also in Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal (1999)
    Working Papers, Queen's University, Department of Economics (1999)

1999

29. Market Integration, Matching and Wages
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal
30. Publicity and the Clustering of IPO Underpricing
    Working Papers, Queen's University, Department of Economics View citations
31. Unskilled Workers in an Economy with Skill-Biased Technology
    Working Papers, Queen's University, Department of Economics
    Also in Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal (1998) View citations
    Working Paper Series, Federal Reserve Bank of Chicago (1999)

1998

32. Frictional Assignment
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations
    Also in Working Papers, Queen's University, Department of Economics (1998) View citations
33. Pricing with frictions
    Working Papers, Federal Reserve Bank of Philadelphia View citations
34. Product Market and the Size-Wage Differential
    Working Papers, Queen's University, Department of Economics
    See also Journal Article in International Economic Review (2002)
35. Search, Inflation, and Capital Accumulation
    Working Papers, Queen's University, Department of Economics
    See also Journal Article in Journal of Monetary Economics (1999)

1997

36. Search for a Monetary Propagation Mechanism
    Working Papers, Queen's University, Department of Economics View citations
    See also Journal Article in Journal of Economic Theory (1998)
37. Tariffs, Unemployment, and the Current Account: An Intertemporal Equilibrium Model
    Working Papers, Queen's University, Department of Economics

1996

38. A Divisible Search Model of Fiat Money
    Working Papers, Queen's University, Department of Economics View citations
    See also Journal Article in Econometrica (1997)

1995

39. Credit and Money in a Search Model with Divisible Commodities
    Working Papers, Queen's University, Department of Economics View citations
    See also Journal Article in Review of Economic Studies (1996)
40. Money and Prices: A Model of Search and Bargaining
    Working Papers, Queen's University, Department of Economics View citations
    See also Journal Article in Journal of Economic Theory (1995)

1994

41. Unemployment and the Dynamic Effects of Factor Income Taxation
    Working Papers, Queen's University, Department of Economics

1989

42. Capital Accumulation and the Current Account in a Two-Country Model
    Working Papers, Queen's University, Department of Economics View citations
    See also Journal Article in Journal of International Economics (1991)

Journal Articles

2009

1. Directed Search for Equilibrium Wage-Tenure Contracts
   Econometrica, 2009, 77, (2), 561-584 View citations
   See also Working Paper (2008)

2008

2. Efficiency improvement from restricting the liquidity of nominal bonds
   Journal of Monetary Economics, 2008, 55, (6), 1025-1037
   See also Working Paper (2008)

2007

3. Friedman Meets Hosios: Efficiency in Search Models of Money
   Economic Journal, 2007, 117, (516), 174-195 View citations
   See also Working Paper (2004)

2006

4. DIRECTED SEARCH ON THE JOB AND THE WAGE LADDER
   International Economic Review, 2006, 47, (2), 651-699 View citations
   See also Working Paper (2003)
5. Signaling in the Internet craze of initial public offerings
   Journal of Corporate Finance, 2006, 12, (4), 818-833
   See also Working Paper (2002)
6. The variability of velocity of money in a search model
   Journal of Monetary Economics, 2006, 53, (3), 537-571 View citations
   See also Working Paper (2006)
7. Viewpoint: A microfoundation of monetary economics
   Canadian Journal of Economics, 2006, 39, (3), 643-688 View citations
8. Wage differentials, discrimination and efficiency
   European Economic Review, 2006, 50, (4), 849-875 View citations
   See also Working Paper (2006)

2005

9. Frictional Assignment, Part II: Infinite Horizon and Inequality
   Review of Economic Dynamics, 2005, 8, (1), 106-137
   See also Working Paper (2002)
10. NOMINAL BONDS AND INTEREST RATES
    International Economic Review, 2005, 46, (2), 579-612 View citations
11. The extent of the market and optimal specialization
    Economic Theory, 2005, 25, (2), 333-351

2004

12. A MODEL OF BUREAUCRACY AND CORRUPTION
    International Economic Review, 2004, 45, (3), 873-908 View citations
13. International Borrowing, Specialization, and Unemployment in a Small Open Economy
    Review of International Economics, 2004, 12, (1), 41-59 View citations
14. Money, price dispersion and welfare
    Economic Theory, 2004, 24, (4), 907-932 View citations
    See also Working Paper (2006)

2003

15. A fundamental theory of exchange rates and direct currency trades
    Journal of Monetary Economics, 2003, 50, (7), 1555-1591 View citations
    See also Working Paper (2002)

2002

16. A Directed Search Model of Inequality with Heterogeneous Skills and Skill-Based Technology
    Review of Economic Studies, 2002, 69, (2), 467-91 View citations
17. Product Market and the Size-Wage Differential
    International Economic Review, 2002, 43, (1), 21-54 View citations
    See also Working Paper (1998)

2001

18. Bargains, Barter and Money
    Review of Economic Dynamics, 2001, 4, (1), 188-209 View citations
19. Frictional Assignment. I. Efficiency
    Journal of Economic Theory, 2001, 98, (2), 232-260 View citations
20. Pricing and Matching with Frictions
    Journal of Political Economy, 2001, 109, (5), 1060-1085 View citations

2000

21. Coordination, matching, and wages
    Canadian Journal of Economics, 2000, 33, (4), 1009-1033 View citations
22. The Research Agenda: Search Theory beyond the Matching Function
    EconomicDynamics Newsletter, 2000, 1, (2)

1999

23. Innovation, Growth, and Welfare-Improving Cycles
    Journal of Economic Theory, 1999, 85, (2), 226-257 View citations
24. Labor market search and the dynamic effects of taxes and subsidies
    Journal of Monetary Economics, 1999, 43, (2), 457-495 View citations
25. Money, capital, and redistributive effects of monetary policies
    Journal of Economic Dynamics and Control, 1999, 23, (4), 565-590 View citations
26. Search, inflation and capital accumulation
    Journal of Monetary Economics, 1999, 44, (1), 81-103 View citations
    See also Working Paper (1998)
27. research notes: Fashion and wealth accumulation
    Economic Theory, 1999, 14, (2), 439-461

1998

28. Asymmetry, imperfectly transferable utility, and the role of fiat money in improving terms of trade
    Journal of Monetary Economics, 1998, 41, (1), 153-183 View citations
29. Bargaining with Surplus Destruction
    Canadian Journal of Economics, 1998, 31, (4), 915-932 View citations
30. Search for a Monetary Propagation Mechanism
    Journal of Economic Theory, 1998, 81, (2), 314-352 View citations
    See also Working Paper (1997)
31. Stochastic Relation Between Money and Capital in an Economy with Spatially Separated Markets
    Review of Economic Dynamics, 1998, 1, (4), 754-780

1997

32. A Divisible Search Model of Fiat Money
    Econometrica, 1997, 65, (1), 75-102 View citations
    See also Working Paper (1996)
33. Labor market search and capital accumulation: Some analytical results
    Journal of Economic Dynamics and Control, 1997, 21, (10), 1747-1776 View citations
34. Money and specialization
    Economic Theory, 1997, 10, (1), 99-133 View citations

1996

35. Asymmetric Information, Credit Rationing, and Economic Growth
    Canadian Journal of Economics, 1996, 29, (3), 665-87 View citations
36. Credit and Money in a Search Model with Divisible Commodities
    Review of Economic Studies, 1996, 63, (4), 627-52 View citations
    See also Working Paper (1995)

1995

37. Money and Prices: A Model of Search and Bargaining
    Journal of Economic Theory, 1995, 67, (2), 467-496 View citations
    See also Working Paper (1995)

1994

38. Weakly Nonseparable Preferences and Distortionary Taxes in a Small Open Economy
    International Economic Review, 1994, 35, (2), 411-28 View citations

1993

39. Habits and Time Preference
    International Economic Review, 1993, 34, (1), 61-84 View citations

1991

40. Capital accumulation and the current account in a two-country model
    Journal of International Economics, 1991, 30, (1-2), 1-25 View citations
    See also Working Paper (1989)

1988

41. Rational expectation equilibrium under quasilinear preferences: A diagrammatic approach
    Economics Letters, 1988, 26, (2), 107-110
42. Rothschild-Stiglitz competitive insurance market under quasilinear preferences
    Economics Letters, 1988, 27, (1), 27-30 View citations