Jing Zhang

Research Department
Federal Reserve Bank of Chicago
230 S LaSalle Street
Chicago, IL 60604

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Federal Reserve Bank of Chicago

NBER Working Papers and Publications

June 2018Portfolio Rebalancing in General Equilibrium
with Miles S. Kimball, Matthew D. Shapiro, Tyler Shumway: w24722

Published: Miles S. Kimball & Matthew D. Shapiro & Tyler Shumway & Jing Zhang, 2019. "Portfolio Rebalancing in General Equilibrium," Journal of Financial Economics, . citation courtesy of

September 2015What is a Sustainable Public Debt?
with Pablo D'Erasmo, Enrique G. Mendoza: w21574

Published: P. D’Erasmo, E.G. Mendoza, J. Zhang, Chapter 32 - What is a Sustainable Public Debt?, Editor(s): John B. Taylor, Harald Uhlig, Handbook of Macroeconomics, Elsevier, Volume 2, 2016, Pages 2493-2597, ISSN 1574-0048, ISBN 9780444594877,

June 2014Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
with Enrique G. Mendoza, Linda L. Tesar: w20200
November 2013Ricardian Productivity Differences and the Gains from Trade
with Andrei A. Levchenko: w19641

Published: Levchenko, Andrei A. & Zhang, Jing, 2014. "Ricardian productivity differences and the gains from trade," European Economic Review, Elsevier, vol. 65(C), pages 45-65. citation courtesy of

May 2012Comparative Advantage and the Welfare Impact of European Integration
with Andrei A. Levchenko: w18061

Published: Andrei A. Levchenko & Jing Zhang, 2012. "Comparative advantage and the welfare impact of European integration," Economic Policy, CEPR & CES & MSH, vol. 27(72), pages 567-602, October. citation courtesy of

March 2012Layoffs, Lemons and Temps
with Christopher L. House: w17962
January 2012The Impact of Foreign Liabilities on Small Firms: Firm-Level Evidence from the Korean Crisis
with Yun Jung Kim, Linda Tesar: w17756

Published: Kim, Yun Jung & Tesar, Linda L. & Zhang, Jing, 2015. "The impact of foreign liabilities on small firms: Firm-level evidence from the Korean crisis," Journal of International Economics, Elsevier, vol. 97(2), pages 209-230. citation courtesy of

February 2011The Evolution of Comparative Advantage: Measurement and Welfare Implications
with Andrei A. Levchenko: w16806

Published: Levchenko, Andrei A. & Zhang, Jing, 2016. "The evolution of comparative advantage: Measurement and welfare implications," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 96-111. citation courtesy of

July 2009Firm Dynamics and Financial Development
with Cristina Arellano, Yan Bai: w15193

Published: Arellano, Cristina & Bai, Yan & Zhang, Jing, 2012. "Firm dynamics and financial development," Journal of Monetary Economics, Elsevier, vol. 59(6), pages 533-549. citation courtesy of

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