Details about Wenhao Li

Access statistics for papers by Wenhao Li.

Last updated 2026-04-16. Update your information in the RePEc Author Service.

Short-id: pli1737

Working Papers

2025

1. Firm Quality Dynamics and the Slippery Slope of Credit Intervention
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
2. The Passthrough of Treasury Supply to Bank Deposit Funding
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

3. Granular Treasury Demand with Arbitrageurs
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
4. Inflation and Treasury Convenience
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

5. Deep Learning for Solving and Estimating Dynamic Macro-Finance Models
   Papers, arXiv.org View citations (2)
   See also Journal Article Deep Learning for Solving and Estimating Dynamic Macro-finance Models, Computational Economics, Springer (2025) (2025)
6. Understanding the “Inconvenience” of U.S. Treasury Bonds
   Liberty Street Economics, Federal Reserve Bank of New York

2022

7. Intermediary Balance Sheets and the Treasury Yield Curve
   Research Papers, Stanford University, Graduate School of Business View citations (10)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (10)
   Staff Reports, Federal Reserve Bank of New York (2022) View citations (4)
   See also Journal Article Intermediary balance sheets and the treasury yield curve, Journal of Financial Economics, Elsevier (2023) View citations (14) (2023)
8. The Demand for Money, Near-Money, and Treasury Bonds
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Research Papers, Stanford University, Graduate School of Business (2021)
   See also Journal Article The Demand for Money, Near-Money, and Treasury Bonds, The Review of Financial Studies, Society for Financial Studies (2023) View citations (7) (2023)

2020

9. Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment
   Research Papers, Stanford University, Graduate School of Business View citations (19)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (19)
   See also Journal Article Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment, Journal of Political Economy, University of Chicago Press (2025) View citations (7) (2025)
10. The Distortionary Effects of Central Bank Direct Lending on Firm Quality Dynamics
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (1)

Journal Articles

2025

1. Deep Learning for Solving and Estimating Dynamic Macro-finance Models
   Computational Economics, 2025, 65, (6), 3885-3921
   See also Working Paper Deep Learning for Solving and Estimating Dynamic Macro-Finance Models, Papers (2023) View citations (2) (2023)
2. Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment
   Journal of Political Economy, 2025, 133, (3), 935 - 985 View citations (7)
   See also Working Paper Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment, Research Papers (2020) View citations (19) (2020)
3. Public Liquidity and Financial Crises
   American Economic Journal: Macroeconomics, 2025, 17, (2), 245-84 View citations (1)

2023

4. Intermediary balance sheets and the treasury yield curve
   Journal of Financial Economics, 2023, 150, (3) View citations (14)
   See also Working Paper Intermediary Balance Sheets and the Treasury Yield Curve, Research Papers (2022) View citations (10) (2022)
5. The Demand for Money, Near-Money, and Treasury Bonds
   The Review of Financial Studies, 2023, 36, (5), 2091-2130 View citations (7)
   See also Working Paper The Demand for Money, Near-Money, and Treasury Bonds, NBER Working Papers (2022) View citations (3) (2022)