My research interests are in household finance, pensions and retirement savings.
. Intraday Price Jumps, Market Liquidity, and the Magnet Effect of Circuit Breakers, International Review of Economics and Finance, 2020, 70: 168-186. (with Zhihong Jian, Zhican Zhu, and Shuai Wu) (PDF)
. Household Stock Market Participation during the Great Financial Crisis, Quarterly Review of Economics and Finance, 2020, 75: 265-275. (PDF)
. Review of Pension Systems and Old-Age Income Support in East and Southeast Asia by Donghyun Park, Singapore Economic Review, 2013, 58(2).
. Life-cycle Stock Market Participation in Taxable and Tax-deferred Accounts, Journal of Economic Dynamics and Control, 2012, 36(11): 1814-1829. (PDF)
. New Evidence on Asset Location from the Survey of Consumer Finances, Public Finance Review, 2011, 39(4): 594-615. (with Yothin Jinjarak) (PDF)
. Why Did the Private Business Equity Share Fall in Canada? Eastern Economic Journal, 2011, 37(2): 197-213. (PDF)
. The Effects of Employer Matching and Income Risk in 401(k) Plans, Economic Modelling, 2009, 26(6): 1193-1200. (PDF)
. Indebted Households and Potential Vulnerabilities for the Canadian Financial System: A Microdata Analysis, Financial System Review, Bank of Canada, 2015. (with Gino Cateau and Tom Roberts) (link)- featured in former Bank of Canada Governor Stephen Poloz's opening statement of his press release of the Financial System Review in 2015 - featured in Bank of Canada Deputy Governor Larry Lawrence' speech at Guelph Chamber of Commerce in 2016
. The Residential Mortgage Market in Canada: A Primer, Financial System Review, Bank of Canada, 2013. (with Allan Crawford and Cesaire Meh) (link)
. Saving and Wealth: The Adequacy of Household Saving in Canada, The Canadian Economy in Transition Series, Catalogue no. 11-622-M-No. 029, Statistics Canada, 2013. (with Huju Liu and Yuri Ostrovsky) (link)
Currently Working On
. Debt and Financial Vulnerability in Older Canadian Households
. Household Portfolio Choice Before and After a House Purchase, with Ran S. Lyng. (PDF)
. Mortgage Run-offs and Household Portfolio Choice: A Regression Discontinuity in Time Analysis, with John Kennes and Ran S. Lyng