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Shangshang Li

Dr Shangshang Li
D.Phil.(Oxon), M.Phil.(Oxon), B.A.(Dunelm)

Research

I am a macroeconomist with a special interest in the design of macroeconomic policy. My research spans international financial transmission, unconventional monetary policy, and structural reforms. The unifying theme of my research is understanding challenges to macroeconomic policy in the aftermath of the Great Recession, and how policy should be designed accordingly. Methodologically, I use a diverse range of macroeconomic models and empirical analysis techniques to explore various issues of the monetary policy, macroprudential policy, and structural reforms. In my research, I also discuss potential approaches to improve the current policy design for different jurisdictions.

International Macroeconomics

Working Paper:

1. Capital Flows and Exchange Rates: A Quantitative Assessment of the Dilemma Hypothesis (with Ambrogio Cesa-Bianchi and Andrea Ferrero)

2. The Global Financial Cycle and International Monetary Policy Cooperation

Monetary Policy

Publication:

1. Testing the effectiveness of unconventional monetary policy in Japan and the United States (with Daisuke Ikeda, Sophocles Mavroeidis, Francesco Zanetti) American Economic Journal: Macroeconomics, 16(2), April 2024, pp.250-286

Macroeconomics and Political Economy

Working Paper:

1. What Hinders Structural Reforms