Nam Phan

    Welcome! Xin Chào!

    I am a Lecturer (equivalent to Assistant Professor in North America system) in Economics at the University of Western Australia . My research interests are macroeconomic policy and computational methods.

    My recent work studies the implication of household heterogeneity in shaping the aggregate and distributional impacts of fiscal policies. Additionally, I have developed a global solution method for solving heterogenous-agent models with aggregate shocks

    I got my PhD in Economics from Queen’s University

    Email: nam.phan@uwa.edu.au

    Curriculum Vitae |Job Market Paper

    Publications

    1. Should Wages be Subsidized in a Pandemic? (with Brant Abbott) – Macroeconomic Dynamics, Vol 27, Issue 6, September 2023, pp. 1549 – 1580
      We use a labour search model with heterogenous households and firms to study the efficacy of a wage subsidy during a lockdown, relative to enhancing unemployment benefits.

    Working Papers

    1. The Welfare Consequences of Countercyclical Fiscal Transfers – Job Market Paper
      I study the welfare implication of an anticipated countercyclical fiscal transfer over the business cycle in a two-asset heterogenous agent model with aggregate shocks.
      Presented at: Canadian Economic Association 2024, Midwest Macro Meeting Fall 2024, Bank of Canada Student Graduate Paper Award 2024, Workshop of Australian Macroeconomics Society 2024, Wilfrid Laurier University, University of Tennessee in Knoxville, Boise State University
      * Finalist for the Bank of Canada Student Graduate Paper Award 2024
    2. Using Deep Learning and Finite-Difference Methods Together to Solve Heterogenous Agent Models with Aggregate Shocks
      We propose a solution algorithm that integrates the finite-difference method with a neural network to globally solve a class of heterogeneous-agent models with aggregate shocks.
    3. Tax-Free Savings Accounts and Economic Stabilization in Canada (with Brant Abbott)
      We draw on the Longitudinal Administrative Data (LAD) to study the impact of Tax-Free Savings Account (TFSA) program on liquid savings in Canada, and its implications on economic stabilization over the business cycle.
      Presented at: Vienna Macroeconomics Workshop 2023 (Greenhorn session),

    Teaching

    (Click underlined titles to see teaching evaluations)