时间地点:周二下午2点半在金融系会议室(B255)进行;5月9日开始改为每周一下午2点半,地点不变
组织协调:刘岩,王胜,熊琛,杨中超——报名请联系刘岩
参与成员:感兴趣的老师以及博士、硕士与本科生
规则:参与成员从文献列表中挑选论文并提前准备,每次安排一篇论文的汇报,需提前准备PPT [ 参考该页置顶提示 link ]
- 刘岩,3月22日,The Driving Forces of China’s Business Cycles: Evidence from an Estimated DSGE Model with Housing and Banking, CER, 2022
- 肖雅慧,4月12日,Carvalho, Lee, and Park (2021, AEJ Macro)
- 赵浩权,4月19日,Christiano, Motto, and Rostagno (2014, AER)
- 王浩安,4月26日,Chang, Liu, and Spiegel (2015, JME)
- 肖泽亮,5月9日,Gertler and Kiyotaki (2015, AER)
- 周上尧,5月16日,“中国影子银行的成因、结构及系统性风险”,《经济研究》,2021年第7期
- 刘岩,5月23日,Cochrane (2022, RED)
- 刘熙莹,5月30日,Beyond Monopolistic Competition
阅读文献列表:
- [B]金融摩擦
- Brunnermeier, M. K., & Sannikov, Y. (2014). A Macroeconomic Model with a Financial Sector. American Economic Review, 104, 379–421.
- Chang, C., Liu, Z., Spiegel, M. M., & Zhang, J. (2019). Reserve Requirements and Optimal Chinese Stabilization Policy. Journal of Monetary Economics, 103, 33–51.
- Christiano, L. J., Motto, R., & Rostagno, M. (2014). Risk Shocks. American Economic Review, 104, 27–65.
- Gertler, M., & Kiyotaki, N. (2015). Banking, Liquidity, and Bank Runs in an Infinite Horizon Economy. American Economic Review, 105, 2011–2043.
- [C]资本管制
- Chang, C., Liu, Z., & Spiegel, M. M. (2015). Capital Controls and Optimal Chinese Monetary Policy. Journal of Monetary Economics, 74, 1–15.
- Choi, J. H. (2020). Capital Controls and Foreign Exchange Market Intervention. Journal of International Money and Finance, 101, 102098.
- Prasad, N. (2018). Sterilized Interventions and Capital Controls. Journal of International Money and Finance, 88, 101–121.
- [D]企业融资(实证为主)
- Kermani, A., & Ma, Y. (2020). Two tales of debt (No. w27641). National Bureau of Economic Research.
- Lian, C., & Ma, Y. (2021). Anatomy of Corporate Borrowing Constraints. Quarterly Journal of Economics, 136, 229–291.
- Ma, Y., & Scheinkman, J. A. (2020). Going-concern debt of financial intermediaries (No. w28088). National Bureau of Economic Research.
- [F]价格/通胀的财政理论
- Cochrane, J. H. (2021). The Fiscal Roots of Inflation. Review of Economic Dynamics, forthcoming.
- Sargent, T. J. (2012). Nobel Lecture: United States Then, Europe Now. Journal of Political Economy, 120, 1–40.
- [P]生产网络
- Carvalho C, Lee J W, Park W Y. Sectoral price facts in a sticky-price model. American Economic Journal: Macroeconomics, 2021, 13(1): 216-56.
- Pasten E, Schoenle R, Weber M. The propagation of monetary policy shocks in a heterogeneous production economy. Journal of Monetary Economics, 2020, 116: 1-22.
- [O]人口结构、老龄化
- Basso H S, Rachedi O. The young, the old, and the government: Demographics and fiscal multipliers. American Economic Journal: Macroeconomics, 2021, 13(4): 110-41.
- Carvalho C, Ferrero A, Nechio F. Demographics and real interest rates: Inspecting the mechanism. European Economic Review, 2016, 88: 208-226.
- [T]技术进步
- Anzoategui D, Comin D, Gertler M, et al. Endogenous technology adoption and R&D as sources of business cycle persistence. American Economic Journal: Macroeconomics, 2019, 11(3): 67-110.
- Bianchi F, Kung H, Morales G. Growth, slowdowns, and recoveries. Journal of Monetary Economics, 2019, 101: 47-63.