Rate My Professor Pu Chen

Chen's academic interests center on macroeconomics and advanced econometric modeling, including Markov switching models, threshold vector autoregression (VAR), multi-regime cointegrated VAR, vector error correction models (VECM), and global VAR frameworks. His research examines inflation dynamics (demand-pull versus cost-push), wage-price spirals in Keynesian disequilibrium settings, financial stress transmission and spillover effects, short- and long-run productivity effects on unemployment, delayed monetary policy impacts, central bank responses to climate risks and energy transitions, carbon tax versus renewable energy innovation, and game-theoretic analyses of U.S.-China trade disputes. Key publications include 'Financial stress, regime switching and spillover effects: Evidence from a multi-regime global VAR model' (2018, Journal of Economic Dynamics and Control), 'Short and Long Effects of Productivity on Unemployment' (2018, Open Economies Review), 'Financial stress, regime switching and macrodynamics: Theory and empirics for the US, the EU and non-EU countries' (2014, Economics), 'Causal Inference for Structural Equations: With an Application to Wage-Price Spiral' (2010, Computational Economics), 'What happens to Japan if China catches a cold?: A causal analysis of Chinese growth and Japanese growth' (2008, Japan and the World Economy), 'Keynesian dynamics and the wage-price spiral: A baseline disequilibrium model' (2006, Journal of Macroeconomics), and recent papers such as 'Inflation: Demand Pull or Cost Push? A Markov Switching Approach' (2025), 'Central banks, climate risks, and energy transition—a dynamic macro model and econometric evidence' (2025, Macroeconomic Dynamics), and 'Carbon Tax Versus Renewable Energy Innovation: Theoretical Insights and Empirical Evidence' (2025). His 68 publications have accumulated over 440 citations.