BFI Working Papers

Sharing research in progress—and refining it through rigorous discussion and debate—is a hallmark of scholarship at the Becker Friedman Institute for Economics.
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White Paper Apr 18, 2022

China’s Financial System and Economy: A Review

Zhiguo He
Topics:  Financial Markets
BFI Working Paper Feb 9, 2022

Is There an Industrial Land Discount in China? A Public Finance Perspective

Zhiguo He, Scott Nelson, Yang Su, Anthony Lee Zhang, Fudong Zhang
Topics:  Financial Markets
BFI Working Paper Jan 11, 2022

Share Pledging in China: Funding Listed Firms or Funding Entrepreneurship?

Zhiguo He, Bibo Liu, Feifei Zhu
Topics:  Financial Markets
BFI Working Paper Nov 18, 2021

An Economic Model of Consensus on Distributed Ledgers

Hanna Halaburda, Zhiguo He, Jiasun Li
Topics:  Financial Markets
BFI Working Paper Nov 10, 2021

Intermediation via Credit Chains

Zhiguo He, Jian Li
Topics:  Financial Markets
BFI Working Paper Oct 5, 2021

Investing in Lending Technology: IT Spending in Banking

Zhiguo He, Sheila Jiang, Douglas Xu, Xiao Yin
Topics:  Financial Markets, Technology & Innovation
BFI Working Paper Mar 22, 2021

Sovereign Debt Ratchets and Welfare Destruction

Peter M. DeMarzo, Zhiguo He, Fabrice Tourre
Topics:  Fiscal Studies
BFI Working Paper Mar 11, 2021

Margin Trading and Leverage Management

Jiangze Bian, Zhi Da, Zhiguo He, Dong Lou, Kelly Shue, Hao Zhou
Topics:  Financial Markets