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PUBLICATION

Li, D., Wang, Y., Xie, Y., & Xu, Z. (2026). China’s sovereign debt market (1921–37): Information efficiency
and the impact of rumours. Accepted at The Economic History Review.

Xu, Z. (2026). Soaring in rationality: Bonds as a partial hedge against hyperinflation. Explorations in Economic History, 101720.

Rong, K., Kang, Z., Lin, Y., Xu, Z., & Moore, J. F. (2026). Ecosystem Visioning: An Attention-Based View. Long Range Planning, 102689.

Xu, Z., Li, M., & Chen, M. (2025). The opening of treaty ports, early modernization, and female labor value: evidence from late Qing China. Journal of Chinese Economic and Business Studies, 1-39.

Li, H., Li, Q., Xu, Z., & Ye, X. (2024). Digital technologies. Journal of Digital Economy, 3, 240-248.

Huang, J., Xie, D., & Xu, Z. (2024). Sequential innovation and contribution distribution: measurement from game live-streaming industry. Humanities and Social Sciences Communications, 11(1), 646.

Xu, Z. (2011). An Essay on the Asymptotic Property of Borda Rule. (in Chinese) Review of New Political Economics, 18, 1-25.

WORKING PAPERS

"Attention to Inflation," with Liu, C.

"Reason for Treason," with Fan, X., Richardson, G., & Zhao, S.; NBER working paper 35069

"The Long Silver Lining: How Contracted Birth Cohorts Reshape Women's Socioeconomic Status," with Fan, X., Luo, Z., & Xie, Y.

"Expectations and Inflation: Evidence from Surprise Events in China during the Second World War," with Bo Li, Zhenyu Luo, and Gary Richardson

"The Impact of Birth Cohort Contraction on Women’s Status," with Zhenyu Luo and Yiran Xie

"Price Convergence Through a Financial Network: Does Financial Integration Impact Price Integration in Real Sectors?"

"Shock Propagation Through a Production Network: The Effect of Bombings Towards Germany’s Production."

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