Research Interests

• Current: New Empirical Industrial Organization
• Past: Financial Econometrics; Economic Growth and Development; Demography

Journal Articles

1. Intangible Capital and International Income Differences. 2011. Forthcoming in Macroeconomic Dynamics.
2. Global and Regional Sources of Risk in Equity Markets: Evidence from Factor Models with Time-Varying Skewness. 2007. Journal of International Money and Finance, 26:3, pp.430-453. [with Anthony S. Tay]
3. Foreign Labor and Economic Growth: Policy Options for Singapore. 2007. Singapore Economic Review, 52:1, pp.53-72. [with Weng-Tat Hui]

Chapters in Books

1. Mean, Volatility and Skewness Spillovers in Equity Markets. 2011. Forthcoming in Luc Bauwens, Christian Hafner and Sebastien Laurent (Eds.) Volatility Models and Their Applications, John Wiley & Sons. [with Anthony S. Tay]

Working Papers

1. Competition and Innovation: The Inverted-U Relationship Revisited. 2012. Revised and Resubmitted to the Review of Economics and Statistics. [Data and Computer Codes]
2. The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry. 2012. Submitted. [with Johannes van Biesebroeck]
3. The Determinants of Low Fertility in Singapore: Evidence from a Household Survey. 2011. Submitted. [with Mok Wen Jie]

Work in Progress

1. Computable Approximations to Markov-Perfect Equilibria.
2. Estimating the Demand for Electric Vehicles.
3. Capacity Dynamics in Off-Shore Drilling Industry.

Unpublished

1. Report on Singapore Fertility Survey 2010. 2011.
2. A Note on the Transitional Bahavior of the Saving Rate in the Neo-Classical Growth Model (the Cobb-Douglas Case). 2009.