About

I’m a PhD candidate in Economics at Simon Fraser University, supervised by Lucas Herrenbrueck. My research interests lie in macroeconomic theory, monetary policy, and family economics. I study how policies transmit through banks and households: on the monetary side, I analyze China’s 2015 deposit-rate liberalization and reserve-requirement adjustments to quantify pass-through and to build structural models of deposit pricing and bank competition; on the family side, I develop overlapping-generations (OLG) frameworks and use micro data to examine how fertility, education, and pensions interact with policy and demographics. In addition, I collaborate with computer science researchers on a game-theoretic framework for censorship and circumvention, which models adaptive strategies between censors and censorship-resistance systems. Outside of research, I enjoy photography.

Download my CV (PDF).

Research

Financial Liberalization and the Effectiveness of Reserve Policy: Evidence from China’s 2015 Deposit Rate Reform

Working paper (2025). After the removal of the deposit-rate ceiling, bank deposit rates become more responsive to RRR changes, while average deposit rates decline. I provide supporting bank-level difference-in-differences evidence and a structural deposit-pricing model with reserve requirements that rationalizes both findings.

Strategic Obfuscation under Adaptive Censorship: A Game-Theoretic Framework

Working paper (2025). Censorship and circumvention are strategic: censors adapt blocking while circumventors adjust obfuscation. I develop a unified game-theoretic framework where detectability is endogenous. The model characterizes one-shot and repeated-game equilibria, derives incentive-compatibility thresholds for sustained obfuscation, and shows how variance and seasonality in traffic can deter aggressive blocking under risk-averse censors.

Demographics, Human Capital, and Pension Design in an OLG Economy

Work in progress. A demographic OLG model where households choose fertility, education, savings, and elderly labor. I study how taxes and pension schemes shape intergenerational welfare under population aging and human-capital externalities, highlighting distinct long-run effects of fertility subsidies and pension transfers on population dynamics and human-capital accumulation.

Fiscal Pressures and Manipulation of Climate Data in China

Work in progress. Tests whether local governments strategically under-report extreme temperatures to reduce obligations for heat-related labor compensation. I compare official CMA data to ERA5 reanalysis, detect bunching just below thresholds (35°C, 37°C, 40°C), and link manipulation intensity to local fiscal stress.

Price Competition with Firm‑Borne Search Costs

Work in progress. Firms jointly choose prices and costly consumer reach. With standard concave cost structures no symmetric equilibrium exists; richer reach-cost formulations restore equilibrium, yielding implications for pricing in markets with search frictions and limited attention.

First Child’s Gender, Culture, and Policy Shocks: Second-Birth Decisions in China

Work in progress. Explores how first-child gender and cultural preferences shape second-birth decisions in China, leveraging CFPS (2010–2020) data and two quasi-experiments: the 2013 selective relaxation and the 2016 universal two-child policy. Using staggered event-study and discrete-time hazard models, I quantify how daughter-first families responded to policy openings. A novel household-level Culture Index captures heterogeneity in these effects, revealing cultural persistence under low-fertility regimes.

Education

Research Experience

Research Assistant, Simon Fraser University 06/2024 – Present
Assisted Prof. Lucas Herrenbrueck on liquidity pricing.

Research Assistant, Simon Fraser University 06/2023 – 01/2024
Assisted Prof. Serena Canaan on advisor religion and student outcomes.

Research Assistant, UBC Vancouver School of Economics 01/2020 – 09/2020
Worked with Prof. Li Hao on “Nash Equilibrium in Penalty Shootouts.”

Teaching

Teaching Assistant, Simon Fraser University 09/2022 – Present

Skills