Lin William Cong (叢林)



Lin William Cong (叢林)

Cornell University


Featured Work


Market Integration, Risk-Taking, and Income Inequality

   Dec 30,2023

A pandemic or nationalism can dial back global integration as much as advancements in IT and transportation spur it. We...

Production, Trade, and Cross-Border Data Flows

   Dec 30,2023

We build a tractable general equilibrium model to analyze the effects of cross-border data flows and pre-existing development gaps in...

The Tokenomics of Staking

   Dec 30,2023

Blockchain-based platforms and decentralized finance prominently features ``staking'': Besides offering a convenience yield for transactions as digital media of exchange,...

The Rise of Factor Investing: "Passive" Security Design and Market Implications

   Dec 30,2023

We model financial innovations such as Exchange-Traded Funds, smart beta products, and many index-based vehicles as composite securities (CSs) that...

A Model of Influencer Economy

   May 22,2023

With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who...


The Coming Battle of Digital Currencies

   Nov 28,2022

We model the dynamic competition among national fiat currencies, cryptocurrencies, and Central Bank Digital Currencies (CBDCs), whereby countries strategically digitize...

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

   Nov 28,2022

We model platform competition with endogenous data generation, collection, and sharing, thereby providing a unifying framework to evaluate data-related regulation...