Research


Publications & Press

  1. How Savvy Companies Are Using Chinese AI. Harvard Business Review, September 12, 2025. Link
  2. The Dual Blueprint: What Global Leaders Can Learn from the U.S. and China's Divergent AI Strategies. MIT Sloan Management Review, 2025 (forthcoming).

Working Papers

Scarcity, Mandates, and Liquidity: A General-Equilibrium Theory of Market Inelasticity

2025 · Master's Thesis

This paper develops a production-economy framework that links limited tradable claims on growth, rigid investor composition, and liquidity/monetary channels to market-level inelasticity. The model’s qualitative predictions highlight strong flow–price sensitivity and state-dependent elasticities, offering a clean mapping to balance-sheet wedges and flow-to-price responses at the market level.

Ambiguous Beliefs and the Dynamics of Inflation Expectations

2025 · Proposal & preliminary draft

I study how agents form and adjust expectations when beliefs are subject to ambiguity. The framework is designed to account for persistence, drift, and forecast biases in a way that can be embedded in standard macro-finance environments without committing to a specific estimation strategy here.

Information in the Implied Volatility Surface

2025 · Bachelor's Thesis

This project examines how information is reflected across the implied-volatility surface and what features are most useful for forecasting option-implied risk. The emphasis is on stable, out-of-sample signals and transparent validation, keeping the presentation deliberately high-level pending final specification choices.

Volatility Transmission Across Markets: The Role of Policy Uncertainty

2025 · Bachelor's Thesis

This paper explores how volatility transmits across markets and how those transmissions vary across policy environments. It provides a compact set of spillover measures and regime-aware summaries intended for macro-finance applications, with implementation details to follow in the full draft.

Projects

China Company Transformation Indicator (CCTI): Methodology Design

IMD China Initiative

At IMD, I co-developed the methodological framework for the China Company Transformation Indicator, a sector-level benchmark assessing how firms in China build resilience and cultivate new growth engines under shifting domestic and global conditions. Our 2024 CCTI Report is the first China-focused report ever produced under this initiative, documenting the inaugural methodology and sector rankings, with cross-sector insights and the factor framework used to evaluate corporate transformation performance in China.