YiLi Chien

Names

Contact

Affiliations

• Federal Reserve Bank of St. Louis → Research Division
  • website
  • location: St. Louis, Missouri (United States)

Research profile

author of:

• The Market Price of Aggregate Risk and the Wealth Distribution
  by Hanno Lustig & Yi-Li Chien
• Optimal Capital Taxation under Limited Commitment
  by YiLi Chien & JunSang Lee
• A Multiplier Approach to Understanding the Macro Implications of Household Finance
  by YiLi Chien & Harold Cole & Hanno Lustig
• Why Tax Capital?
  by Yili Chien & Junsang Lee
• Why Tax Capital?
  by Junsang Lee & Yili Chien
• Optimal Capital Taxation Under Limited Commitment
  by Junsang Lee & Yili Chien
• Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?
  by Yi-Li Chien & Harold L. Cole & Hanno Lustig
• The Market Price of Aggregate Risk and the Wealth Distribution
  by YiLi Chien & Hanno Lustig
• The Risk Premium and Long-Run Global Imbalances
  by YiLi Chien & Kanda Naknoi
• The risk premium and long-run global imbalances
  by YiLi Chien & Kanda Naknoi
• Is the Volatility of the Market Price of Risk Due to Intermittent Portfolio Rebalancing?
  by YiLi Chien & Harold Cole & Hanno Lustig
• Macro Implications of Household Finance
  by Harold L. Cole & Hanno & YiLi Chien
• A Multiplier Approach to Understanding the Macro Implications of Household Finance
  by Yili Chien & Harold Cole & Hanno Lustig
• The Risk Premium and Long-Run Global Imbalances
  by YiLi Chien & Kanda Naknoi
• Understanding the distributional impact of long-run inflation
  by Gabriele Camera & YiLi Chien
• Modeling monetary economies: an equivalence result
  by Gabriele Camera & YiLi Chien
• Why tax capital?
  by Yili Chien & Junsang Lee
• Optimal capital taxation under limited commitment
  by Yili Chien & Junsang Lee
• Two Monetary Models with Alternating Markets
  by Gabriele Camera & YiLi Chien
• Who Bears Long-Run Inflation Risk? Implications for Bond Risk Premia
  by Harold Cole & Hanno Lustig & YiLi Chien
• The Risk Premium and Long-Run Global Imbalances
  by Kanda Naknoi & YiLi Chien
• Implications of heterogeneity in preferences, beliefs and asset trading technologies for the macroeconomy
  by YiLi Chien & Harold L. Cole & Hanno Lustig
• The cost of business cycles with heterogeneous trading technologies
  by YiLi Chien
• The cost of chasing returns
  by YiLi Chien
• Two monetary models with alternating markets
  by Camera, Gabriele & Chien, YiLi
• Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy
  by YiLi Chien & Harold L. Cole & Hanno Lustig
• Understanding the Distributional Impact of Long‐Run Inflation
  by GABRIELE CAMERA & YILI CHIEN
• A NOTE ON USING EXCESSIVE PERKS TO RESTRAIN THE HIDDEN SAVING PROBLEM
  by Chien, YiLi & Song, Joon
• The Welfare Cost of Business Cycles with Heterogeneous Trading Technologies
  by YiLi Chien
• Lagging Long-Term Wage Growth
  by Maria A. Arias & YiLi Chien
• Why Are Exchange Rates So Smooth? A Household Finance Explanation
  by YiLi Chien & Hanno Lustig & Kanda Naknoi
• Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies
  by Yunmin Chen & YiLi Chien & Michael T. Owyang
• Unemployment by Industry: Duration Must Be Considered, Too
  by YiLi Chien & Paul Morris
• PMI and GDP: Do They Correlate for the United States? For China?
  by YiLi Chien & Paul Morris
• Filling the Tank on Fridays May Be a Bad Idea for St. Louisans
  by YiLi Chien & Paul Morris
• The Heterogeneous Impacts of Rising Inflation
  by YiLi Chien & Paul Morris
• Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies in an Endowment Economy
  by Yili Chien & Harold Cole & Hanno Lustig
• Optimal Ramsey Capital Taxation with Endogenous Government Spending
  by YiLi Chien & Junsang Lee
• Does a Stronger Dollar Erode the Profitability of U.S. Firms?
  by YiLi Chien & Paul Morris
• Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited
  by Yunmin Chen & YiLi Chien & C. C. Yang
• Slowdown in Productivity: State vs. National Trend
  by YiLi Chien & Paul Morris
• The risk premium and long-run global imbalances
  by Chien, YiLi & Naknoi, Kanda
• Two Monetary Models with Alternating Markets
  by GABRIELE CAMERA & YILI CHIEN
• Code files for "Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies in an Endowment Economy"
  by Yili Chien & Harold Cole & Hanno Lustig
• The Rising Federal Funds Rate in the Current Low Long-Term Interest Rate Environment
  by YiLi Chien & Paul Morris
• Optimal Ramsey Capital Income Taxation —A Reappraisal
  by YiLi Chien & Yi Wen
• State Variation of Tax Deductions
  by YiLi Chien & Paul Morris
• Why Are Exchange Rates So Smooth? A Household Finance Explanation
  by YiLi Chien & Hanno Lustig & Kanda Naknoi
• Why Are Exchange Rates So Smooth? A Heterogeneous Portfolio Explanation
  by Kanda Naknoi & Hanno Lustig & YiLi Chien
• Household Participation in Stock Market Varies Widely by State
  by YiLi Chien & Paul Morris
• Many Americans Still Lack Retirement Savings
  by YiLi Chien & Paul Morris
• Accounting for Age: The Financial Health of Millennials
  by YiLi Chien & Paul Morris
• Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited
  by Yunmin Chen & Cheng Chen Yang & YiLi Chien
• The Real Term Premium in a Stationary Economy with Segmented Asset Markets
  by YiLi Chien & Junsang Lee
• Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences
  by YiLi Chien & Yi Wen
• Better than Ever? The Wealth of Retired Households
  by YiLi Chien & Qiuhan Sun
• Why Are Exchange Rates So Smooth? A Segmented Asset Markets Explanation
  by Chien, YiLi & Lustig, Hanno & Naknoi, Kanda
• Don't Tax Capital---Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences
  by YiLi Chien & Yi Wen
• The Real Term Premium in a Stationary Economy with Segmented Asset Markets
  by YiLi Chien & Junsang Lee
• Decomposing the Low PCE Inflation Rate
  by Julie Bennett & YiLi Chien
• How Long Will the Relief Check Last?
  by YiLi Chien
• How Bad Can It Be? The Relationship between GDP Growth and the Unemployment Rate
  by YiLi Chien
• The Wage Bills of COVID-19
  by Julie Bennett & YiLi Chien
• Will Workers Want To Be Laid Off?
  by Julie Bennett & YiLi Chien
• The Determination of Public Debt under both Aggregate and Idiosyncratic Uncertainty
  by YiLi Chien & Yi Wen
• Optimal Fiscal Policy under Capital Overaccumulation
  by YiLi Chien & Yi Wen
• Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk
  by YiLi Chien & Yi Wen & HsinJung Wu
• The Value of $600 Across States Hit Hardest by COVID-19
  by Julie Bennett & YiLi Chien
• Same Target, Different Economies: A Cross-Country Analysis of Inflation
  by Julie Bennett & YiLi Chien
• Convergence to Rational Expectations in Learning Models: A Note of Caution
  by YiLi Chien & In-Koo Cho & B. Ravikumar
• Why are exchange rates so smooth? A household finance explanation
  by Chien, YiLi & Lustig, Hanno & Naknoi, Kanda
• Should Capital Be Taxed?
  by Yunmin Chen & YiLi Chien & Yi Wen & C. C. Yang
• Time-Inconsistent Optimal Quantity of Debt
  by YiLi Chien & Yi Wen
• Are Unconditional Lump-sum Transfers a Good Idea?
  by Yunmin Chen & YiLi Chien & Yi Wen & C. C. Yang
• Convergence to Rational Expectations in Learning Models: A Note of Caution
  by YiLi Chien & In-Koo Cho & B. Ravikumar
• Optimal Capital Taxation and Precautionary Savings
  by Yunmin Chen & YiLi Chien & C. C. Yang
• Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences
  by YiLi Chien & Yi Wen
• State Government Expenditures by Party Affiliation
  by Julie Bennett & YiLi Chien
• Stability and Equilibrium Selection in Learning Models: A Note of Caution
  by YiLi Chien & In-Koo Cho & B. Ravikumar
• The Large Gap in Stock Market Participation Between Black and White Households
  by Julie Bennett & YiLi Chien
• The Ramsey Steady State Conundrum in Heterogeneous-Agent Economies
  by YiLi Chien & Yi Wen
• Credit Expansion and Markups
  by YiLi Chien & Hyungsuk Lee & Junsang Lee
• The Impact of Inflation’s Wealth Transfer Effect
  by YiLi Chien & Jason Dunn