Lin Shao
Education
Ph.D in Economics, Washington University in St. Louis, 2011-2016
M.A. in Economics, Fudan University, China, 2006-2009
B.S. in Computer Science, Fudan University, China, 2002-2006
research & publications
“Economic Reforms and Industrial Policy in a Panel of Chinese Cities,” December 2016.
with Simon Alder and Fabrizio Zilibotti
Journal of Economic Growth
“Are Working Hours Complements in Production?” June 2023.
with Faisal Sohail and Emircan Yurdagul
Journal of Economic Dynamics and Control
“Aggregate Fluctuations and the Role of Trade Credit,” October 2024.
Review of Economic Dynamics
“Assessing the Impact of Demographic Composition on Productivity,” October 2024.
with Justin-Damien Guenette
Canadian Public Policy
“Allocative Efficiency and the Productivity Slowdown,” January 2025.
with Rongsheng Tang
Canadian Journal of Economics
Working Papers
“Labor Supply and Firm Size,” September, 2024.
with Faisal Sohail and Emircan Yurdagul
Conditionally Accepted, International Economic Review
“Gender Gaps in Time Use and Entrepreneurship,” April 2024.
with Pedro Bento and Faisal Sohail
R&R Journal of the European Economic Association
“Firm Dynamics and Economic Development with Corruption and Financial Frictions,” December 2019.
with Simon Alder
“Financial Development beyond the Formal Financial Market,” June 2020.
work in PROGRESS
“Distortions and the Life Cycle of Immigrant-Owned Firms,” August 2025.
with Ashantha Ranasinghe
policy writings
“Why Was the Decline in U.S. Trade Larger This Time? A Global View,” October 2013.
with B. Ravikumar and Michael Sposi. The Regional Economist.
“Discouraged Workers: What Do We Know,” March 2014.
with B. Ravikumar. Economic Synopses 2014(6).
“Accounting for Discouraged Workers in the Unemployment Rate,” April 2014.
with B. Ravikumar. Economic Synopses 2014(9).
“Have Labor Costs Slowed the Recovery?” July 2016.
with B. Ravikumar. Economic Synopses 2016(15).
“Labor Compensation and Labor Productivity: Recent Recoveries and the Long-Term Trend,” August 2016.
with B. Ravikumar. Economic Synopses 2016(16).
“Complementarities Between Fiscal Policy and Monetary Policy—Literature Review,” March 2021.
with Wei Dong, Geoffrey Dunbar, Christian Friedrich, Dmitry Matveev, and Romanos Priftis. Bank of Canada Staff Discussion Paper 2021-4.
“Assessing the Impact of Demographic Composition on Productivity,” March 2025.
with Justin-Damien Guénette. Bank of Canada Staff Discussion Paper 2025-3.
research
Short-term visiting scholar, Washington University in St. Louis, 2025 Jan–July Visiting scholar, Federal Reserve Bank in St. Louis, 2025 Feb–July
Visiting student, Federal Reserve Bank in St. Louis, 2012-2013, 2015-2016 Research Assistant, Federal Reserve Bank in St. Louis, 2013-2015
Fellow, Zurich Initiative for Computational Economics (ZICE), February 2012
Research assistant and visiting student, Chair of Macroeconomics and Political Economy, University of Zurich, 2010-2011
Research assistant, Fudan University, 2007-2009