Board of Governors of the Federal Reserve System

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• The Fed - Learning By Investing--Embodied Technology and Business Cycles

  Li Abstract: In the last decade of the 20th century, the U.S. economy

  URL: https://www.federalreserve.gov/econres/feds/learning-by-investing-embodied-technology-and-business-cycles.htm
  



• The Fed - The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation

  Li Abstract: We present a dynamic structural model of subprime adjustable-rate

  URL: https://www.federalreserve.gov/econres/feds/the-dynamics-of-adjustable-rate-subprime-mortgage-default-a-structural-estimation.htm
  



• The Fed - Information Sharing and Stock Market Participation: Evidence from Extended Families

  Li Abstract: Using the Panel Study of Income Dynamics, we document that

  URL: https://www.federalreserve.gov/econres/feds/information-sharing-and-stock-market-participation-evidence-from-extended-families.htm
  



• The Fed - Lifecycle Dynamics of Income Uncertainty and Consumption

  Li Abstract: Uninsurable income risk is often cited as an explanation

  URL: https://www.federalreserve.gov/econres/feds/lifecycle-dynamics-of-income-uncertainty-and-consumption.htm
  



• The Fed - Transaction Costs and Consumption

  Li Abstract: The Rational Expectations Permanent Income Hypothesis (RE-PIH

  URL: https://www.federalreserve.gov/econres/feds/transaction-costs-and-consumption.htm
  



• Federal Reserve Board - Federal Reserve announces College Fed Challenge winners

  Li, Assistant Director, Program Direction, Division of Monetary Affairs

  URL: https://www.federalreserve.gov/newsevents/pressreleases/other20221118a.htm
  



• The Fed - Do Constraints on Market Work Hours Change Home Production Efforts?

  Li Abstract: We study variations in housework time and leisure consumption

  URL: https://www.federalreserve.gov/econres/feds/do-constraints-on-market-work-hours-change-home-production-efforts.htm
  



• The Fed - New Evidence on 401(k) Borrowing and Household Balance Sheets

  Li and Paul A. Smith Abstract: Despite news reports suggesting a rise

  URL: https://www.federalreserve.gov/econres/feds/new-evidence-on-401k-borrowing-and-household-balance-sheets.htm
  



• The Fed - Alternative Estimates of the Presidential Premium

  Li Abstract: Since the early 1980s much research, including the most recent

  URL: https://www.federalreserve.gov/econres/feds/alternative-estimates-of-the-presidential-premium.htm
  



• The Fed - Central bank preparedness for market-functioning asset purchases as a consideration for long-run balance sheet composition

  Li Abstract: This paper proposes an approach to enhance the Federal Reserve's

  URL: https://www.federalreserve.gov/econres/feds/central-bank-preparedness-for-market-functioning-asset-purchases-as-a-consideration-for-long-run-balance-sheet-composition.htm
  

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