Bio

Xing Guo is the Senior Economist in the Canadian Economic Analysis (CEA) Department. His research interests include macro finance and monetary economics. He holds a Ph.D. in Economics from the University of Michigan.


Show all

Staff working papers

Identifying Aggregate Shocks with Micro-level Heterogeneity: Financial Shocks and Investment Fluctuation

Staff Working Paper 2020-17 Xing Guo
This paper identifies aggregate financial shocks and quantifies their effects on business investment based on an estimated DSGE model with firm-level heterogeneity. On average, financial shocks contribute only 3% of the variation in U.S. public firms’ aggregate investment.

See More