Jang-Ting Guo

Department of Economics
  3133 Sproul Hall
University of California, Riverside
Riverside, CA 92521-0427
Phone: (951) 827-1588
Fax: (951) 827-5685
 E-mail:
guojt@ucr.edu

EDUCATION
RESEARCH
EXPERIENCE
TEACHING

Undergraduate

Graduate
HONORS AND AWARDS
PUBLICATIONS

Journal Articles

  1. "Employment and Output Effects of Federal Regulations on Small Business," with Dustin Chambers, forthcoming in Pacific Economic Review. [PDF File]

  2. "Balanced-Budget Rules and Macroeconomic Stability with Overlapping Generations," with Yan Zhang, Journal of Macroeconomics, Vol. 74, December 2022, Article 103455.

  3. "Equilibrium Indeterminacy, Endogenous Entry and Exit, and Increasing Returns to Specialization," with Shu-Hua Chen, Macroeconomic Dynamics, Vol. 26, Issue 6, October 2022, 1756-1774.

  4. "Progressive Taxation as an Automatic Stabilizer under Nominal Wage Rigidity and Preference Shocks," with Miroslav Gabrovski, International Journal of Economic Theory, Vol. 18, Issue 3, September 2022, 232-246.

  5. "Macroeconomic Stability under Balanced-Budget Rules and No-Income-Effect Preferences," with Yan Zhang, Pacific Economic Review, Vol. 47, Number 1, February 2022, 3-17 [Lead Article].

  6. "A Note on Progressive Taxation, Nominal Wage Rigidity, and Business Cycle Destabilization," with Miroslav Gabrovski, Macroeconomic Dynamics, Vol. 25, Issue 4, June 2021, 1112-1125.

  7. "On Endogenous Business Cycles under Increasing Returns to Variety and Sector-Specific Externalities," with Juin-Jen Chang and Wei-Neng Wang, Economic Inquiry, Vol. 59, No. 1, January 2021, 532-548.

  8. "The Credibility of Commitment and Optimal Nonlinear Savings Taxation," with Yunmin Chen and Alan Krause, Journal of Macroeconomics, Vol. 65, September 2020, Article 103231.

  9. "Tax Evasion and Financial Development under Asymmetric Information in Credit Markets," with Fu-Sheng Hung, Journal of Development Economics, Vol. 145, June 2020, Article 102463..

  10. "Resource Misallocation and Aggregate Productivity under Progressive Taxation," with Yutaro Izumi and Yi-Chan Tsai, Journal of Macroeconomics, Vol. 60, June 2019, 123-137.

  11. "Progressive Taxation as an Automatic Destabilizer under Endogenous Growth," with Shu-Hua Chen, Journal of Economics, Vol. 127, Issue 1, June 2019, 47-71.

  12. "Sectoral Composition of Government Spending, Distortionary Income Taxation, and Macroeconomic (In)stability," with Juin-Jen Chang, Jhy-Yuan Shieh and Wei-Neng Wang, International Journal of Economic Theory, Vol. 15, Number 1, March 2019, 95-107.

  13. "On Indeterminacy and Growth under Progressive Taxation and Utility-Generating Government Spending," with Shu-Hua Chen, Pacific Economic Review, Vol. 23, Issue 3, August 2018, 533-543.

  14. "Changing Social Preferences and Optimal Redistributive Taxation," with Alan Krause, Oxford Economic Papers, Vol. 70, Issue 1, January 2018, 73-92.

  15. "Progressive Taxation, Endogenous Growth, and Macroeconomic (In)stability," with Shu-Hua Chen, Bulletin of Economic Research, Vol. 68, Issue S1, December 2016, 20-27.

  16. "Dynamic Income Taxation without Commitment: Comparing Alternative Tax Systems," with Alan Krause, Economic Modelling, Vol. 47, June 2015, 319-326.

  17. "News about Aggregate Demand and the Business Cycle," with Anca-Ioana Sirbu and Mark Weder, Journal of Monetary Economics, Vol. 72, May 2015, 83-96.

  18. "Indeterminacy with Progressive Taxation and Sector-Specific Externalities," with Sharon G. Harrison, Pacific Economic Review, Vol. 20, Issue 2, May 2015, 268-281.

  19. "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," with Alan Krause, Journal of Economic Behavior and Organization, Vol. 109, January 2015, 101-119.

  20. "Sectoral Composition of Government Spending and Macroeconomic (In)stability," with Juin-Jen Chang, Jhy-Yuan Shieh and Wei-Neng Wang, Economic Inquiry, Vol. 53, No. 1, January 2015, 23-33.

  21. "Progressive Taxation and Macroeconomic (In)stability with Utility-Generating Government Spending," with Shu-Hua Chen, Journal of Macroeconomics, Vol. 42, December 2014, 174-183.

  22. "Optimal Dynamic Nonlinear Income Taxation under Loose Commitment," with Alan Krause, Macroeconomic Dynamics, Vol. 18, Issue 6, September 2014, 1403-1427.

  23. "On Indeterminacy and Growth under Progressive Taxation and Productive Government Spending," with Shu-Hua Chen, Canadian Journal of Economics, Vol. 46, No. 3, August 2013, 865-880.

  24. "Progressive Taxation and Macroeconomic (In)stability with Productive Government Spending," with Shu-Hua Chen, Journal of Economic Dynamics and Control, Vol. 37, Issue 5, May 2013, 951-963.

  25. "Optimal Nonlinear Taxation of Income and Education Expenditures," with Alan Krause, Oxford Economic Papers, Vol. 65, Issue 1, January 2013, 74-95.  

  26.  "First-Best Fiscal Policy with Social Status," with Juin-Jen Chang, Japanese Economic Review, Vol. 63, No. 4, December 2012, 546-556.      

  27. "A Note on Indeterminacy and Investment Adjustment Costs in an Endogenously Growing Small Open Economy," with Chi-Ting Chin and Ching-Chong Lai, Macroeconomic Dynamics, Vol. 16, Issue S3, November 2012, 438-450.

  28. "On Expectations-Driven Business Cycles in Economies with Production Externalities: A Comment," with Anca-Ioana Sirbu and Richard M.H. Suen, International Journal of Economic Theory, Vol. 8, Number 3, September 2012, 313-319.

  29. "Money, Social Satus and Endogenous Growth in a Generalized Cash-in-Advance Model," with Hung-Ju Chen, Pacific Economic Review, Vol. 16, Issue 3, August 2011, 267-284 [Lead Article].

  30. "Optimal Nonlinear Income Taxation with Habit Formation," with Alan Krause, Journal of Public Economic Theory, Vol. 13, Issue 3, June 2011, 463-480.

  31. "Indeterminacy with No-Income-Effect Preferences and Sector-Specific Externalities," with Sharon G. Harrison, Journal of Economic Theory, Vol. 145, Issue 1, January 2010, 287-300.

  32. "Capital-Labor Substitution and Equilibrium Indeterminacy," with Kevin J. Lansing, Journal of Economic Dynamics and Control, Vol. 33, Issue 12, December 2009, 1991-2000.

  33. "Natural Resources and Economic Growth: Some Theory and Evidence," with Dustin Chambers, Annals of Economics and Finance, Vol. 10, No.2, November 2009, 367-389.

  34. "Macroeconomic (In)stability under Real Interest Rate Targeting," with Chi-Ting Chin and Ching-Chong Lai, Journal of Economic Dynamics and Control, Vol. 33, Issue 9, September 2009, 1631-1638 [Lead Article].

  35. "Reexamination of Real Business Cycles in A Small Open Economy," with Zuzana Janko, Southern Economic Journal, Vol. 76, No. 1, July 2009, 165-182.

  36. "Social Status and the Growth Effect of Money," with Hung-Ju Chen, Japanese Economic Review, Vol. 60, No. 1, March 2009, 133-141.

  37. "Velocity of Money, Equilibrium (In)determinacy and Endogenous Growth," with Shu-Hua Chen, Journal of Macroeconomics, Vol. 30, Issue 3, September 2008, 1085-1096.

  38. "Useful Government Spending and Macroeconomic (In)stability under Balanced-Budget Rules," with Sharon G. Harrison, Journal of Public Economic Theory, Vol. 10, Issue 3, June 2008, 383-397.

  39. "On the Growth and Velocity Effects of Money," with Shu-Hua Chen, Economics Bulletin, Vol. 5, No. 13, April 2008, 1-7.

  40. "Maintenance Expenditures and Indeterminacy under Increasing Returns to Scale," with Kevin J. Lansing, International Journal of Economic Theory, Vol. 3, Issue 2, June 2007, 147-158.

  41. "Government Size and Macroeconomic Stability: A Comment," with Sharon G. Harrison, European Economic Review, Vol. 50, Issue 5, July 2006, 1339-1346.

  42. "Income Inequality and Economic Growth: A Simple Theoretical Synthesis," with Been-Lon Chen, Annals of Economics and Finance, Vol. 6, No. 2, November 2005, 319-329.

  43. "Tax Policy Under Keeping Up with the Joneses and Imperfect Competition," Annals of Economics and Finance, Vol. 6, No. 1, May 2005, 25-36.

  44. "Balanced-Budget Rules and Macroeconomic (In)stability," with Sharon G. Harrison, Journal of Economic Theory, Vol. 119, No. 2, December 2004, 357-363.

  45. "Reexamination of Economic Growth, Tax Policy, and Distributive Politics," with Yong Bao, Review of Development Economics, Vol. 8, Issue 3, August 2004, 474-482.

  46. "Increasing Returns, Capital Utilization, and the Effects of Government Spending," Journal of Economic Dynamics and Control, Vol. 28, Issue 6, March 2004, 1059-1078.

  47. "Globally-Stabilizing Fiscal Policy Rules," with Kevin J. Lansing, Studies in Nonlinear Dynamics & Econometrics, Vol. 7, Issue 2, July 2003, Article 3, 1-13.

  48. "Sunspots, Animal Spirits, and Economic Fluctuations,"  with Marcelle Chauvet, 2003, Macroeconomic Dynamics, Vol. 7, Number 1, January 2003, 140-169.
         
  49.  "Fiscal Policy, Increasing Returns, and Endogenous Fluctuations," with Kevin J. Lansing, Macroeconomic Dynamics, Vol. 6, Number 5, November 2002, 633-664.
        
  50. "Declining Share of Small Firms in U.S. Output: Causes and Consequences," with Rajeev Dhawan, Economic Inquiry, Vol. 39, Issue 4, October 2001, 651-662.

  51. "Indeterminacy with Capital Utilization and Sector-Specific Externalities," with Sharon G. Harrison, Economics Letters, Vol. 72, Issue 3, September 2001, 355-360.

  52. "Tax Policy and Stability in a Model with Sector-Specific Externalities," with Sharon G. Harrison, Review of  Economic Dynamics, Vol. 4, Issue 1, January 2001, 75-89.

    "Corrigendum: Tax Policy and Stability in a Model with Sector-Specific Externalities," with Sharon G. Harrison. [PDF File]
     
  53. "Multiple Equilibria and Progressive Taxation of Labor Income," Economics Letters, Vol. 65, Issue 1, October 1999, 97-103.


  54. "Optimal Taxation of Capital Income with Imperfectly Competitive Product Markets," with Kevin J. Lansing, Journal of Economic Dynamics and Control, Vol. 23, No. 7, June 1999, 967-995.

  55. "Indeterminacy and Keeping Up with the Joneses," Journal of Quantitative Economics, Vol. 15, No. 1, January 1999, 17-27.

  56. "Indeterminacy and Stabilization Policy," with Kevin J. Lansing, Journal of Economic Theory, Vol. 82, No. 2, October 1998, 481-490.

  57. "Indeterminacy and Sunspots in A Monetary Economy with Limited Participation," Economics Letters, Vol. 59, Issue 3, June 1998, 337-345.

  58. "Financial Liberalization and the Exchange-Rate Exposure of Taiwanese Firms: A Nonparametric Analysis," with Rong-Chang Wu,  Multinational Finance Journal, Vol. 2, No. 1, March 1998, 37-61.

  59. "Crazy Explanations of International Business Cycles," with Federico Sturzenegger, International Economic Review, Vol. 39, No. 1, February 1998, 111-133.

  60. "The Econometrics of Indeterminacy: An Applied Study," with Roger E.A. Farmer, Carnegie-Rochester Conference Series on Public Policy, Vol. 43, December 1995, 225-271.

  61. "Real Business Cycles and the Animal Spirits Hypothesis," with Roger E.A. Farmer, Journal of Economic Theory, Vol. 63, No. 1, June 1994, 42-72.
Federal Reserve Publications
  1. "On Business Cycles and Counter Cyclical Policies," with Marco A. Espinosa-Vega, Federal Reserve Bank of Atlanta Economic Review, Vol. 86, No. 4, Fourth Quarter 2001, 1-11.

  2. "Tax Structure and Welfare in a Model of Optimal Fiscal Policy," with Kevin J. Lansing, Federal Reserve Bank of Cleveland Economic Review, Vol. 33, No. 1, 1997 Quarter 1, 11-23.

  3. "Tax Structure, Optimal Fiscal Policy and the Business Cycle," with Kevin J. Lansing, Federal Reserve Bank of Cleveland Economic Review, Vol. 30, No. 4, 1994 Quarter 4, 2-14.

Conference Proceedings

  1. "On the Business Cycle Effects of Government Spending," Proceedings of the 2002 North American Summer Meetings of the Econometric Society, edited by David K. Levine and William Zame, October 2002, http://lev0201.dklevine.com/proceedings/macroeconomic-theory.htm.

  2. "An Empirical Analysis of Sunspots and the Business Cycles," with Marcelle Chauvet, Proceedings of the II International Colloquium on Economic Dynamics and Economic Policy, edited by Joanilio R. Teixeira and Francisco G. Carneiro, May 1999, 193-214.

  3. "Business Cycles and the Market for Labor Contracts," with James P. Dow, Jr., Proceedings of the Fourth Annual Meeting for the American Society of Business and Behavioral Sciences, Vol. 2, February 1997, 128-134.
Study Guide to Textbook
  1. Study Guide to Roger E.A. Farmer's Macroeconomics, 2nd edition, South-Western College Publishing, Cincinnati, Ohio, August 2001.

  2. Study Guide to Roger E.A. Farmer's Macroeconomics, with Shankha Chakraborty, South-Western College Publishing, Cincinnati, Ohio, September 1998.
Completed Working Papers
  1. "On Government Spending and Income Inequality under Monopolistic Competition," with Juin-Jen Chang and Wei-Neng. [PDF File]

  2. "Tax Policy and Aggregate Stability in an Overlapping Generations Model," with Yan Zhang. [PDF File]
PROFESSIONAL ACTIVITY

Professional Association, Editorial Positions and Conferences Organization

Conferences and Meetings

Invited Seminars and Lectures Referee/Review For
DEPARTMENT/UNIVERSITY SERVICE 

Department

University

STUDENT SUPERVISION

Doctoral Dissertations Supervised

Doctoral Dissertation Committee Member