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2019 Shanghai Macroeconomics Workshop Held at SOE


From June 18-19, the 10th Shanghai Macroeconomics Workshop, sponsored by the SOE, the IAR and the Key Laboratory of Mathematical Economics, was held at the SOE.

This year a number of renowned experts and scholars in the field were invited, including those of Princeton University, Duke University, University of Pennsylvania, Northwestern University, The State University of New York at Stony Brook, University of Connecticut, Emory University, University of Miami, University of Hawaii, Oxford University, National University of Singapore, Fudan University, Zhongnan University of Economics and Law, Shanghai University of Finance and Economics, Federal Reserve Bank of Kansas City and Bank of Canada. The presentations of the workshop cover such frontier researches as economic growth and development, economic fluctuation, international finance, labor economics, theory of economic fluctuation, theory of optimal taxations, macro resource mismatch problem, wealth distribution problem, multiple equilibria problem, calculating method of heterogeneous model, and search and matching model.

Professor Kevin X.D. Huang, Executive Associate Dean of the IAR, extended a warm welcome to all the guests on the opening ceremony held on the morning of June 18. He also shared the good news that the latest Tilburg University Economics Ranking placed the discipline of economics of SUFE 1st in China, 2nd in Asia and the ranking of the discipline rose to Top 40 in the world in 2018. He expressed the hope that by holding high-level academic conferences, a mechanism will be established to facilitate the exchanges and cooperation between SOE and domestic and overseas scholars, so as to further promote the academic level of the economics discipline of SUFE.

Through continuous efforts, the Shanghai Macroeconomics Workshop has become an important academic exchange platform for macroeconomics research at home and abroad, facilitating domestic and foreign scholars to exchange cutting-edge macroeconomics ideas and analytical tools. It also played a positive role in guiding faculty and students towards the frontier research of macroeconomics.

Over the past years, the SOE has established a platform of seminars, workshops, lectures, forums and conferences, through which faculty and students can have high-end academic exchange for quality research. It also provides an effective channel for the development of the discipline.

Keynote and invited speeches:


Alessangdro Pavan (Northwest University)

Manuel Santos (University of Miami)

Dirk Krueger (University of Pennsylvania)

Vivian Yue (Emory University)

David Wiczer (Stony Brook University)

Lin Shao (Bank of Canada)

Ernest Liu (Princeton University)

Kai Zhao (University of Connecticut)

Jun Nie(Federal Reserve Bank of Kansas City)

Liang Wang (University of Hawaii at Manoa)

Yong Wang(Peking University)

Chaoran Chen (National University of Singapore)

Francesco Zanetti (University of Oxford)

Andrea Lanteri (Duke University )

Qiang Gong(Zhongnan University of Economics and Law)

Shiyi Chen (Fudan University)

Youzhi Yang (SUFE)

Xiaowen Wang (SUFE)

Tongbin Zhang (SUFE)

Yuqin Wang (SUFE)


Alessangdro Pavan, Northwest University, Wall Street and Silicon Valley

Manuel Santos, University of Miami, Sovereign Default, TFP, and Financial and Fiscal Frictions

Dirk Krueger, University of Pennsylvania, Macroeconomics and Inequality

Vivian Yue, Emory University, Exporting Growth and Aggregate Dynamics in Large Devaluations

David Wiczer, Stony Brook University, Cyclical Earnings and Employment Transitions

Lin Shao, Bank of Canada, Firm Dynamics and Economic Development with Corruption and Financial Frictions

Ernest Liu, Princeton University, Low Interest Rates, Market Power, and Productivity Growth

Kai Zhao, University of Connecticut, How Important Is Health Inequality for Lifetime Earnings Inequality?

Jun Nie, Federal Reserve Bank of Kansas City, Growth and Welfare Gains from Financial Integration under Model Uncertainty

Liang Wang, University of Hawaii at Manoa, Capital Pledgeability, Inflation and Unemployment

Chaoran Chen, National University of Singapore, Health, Health Insurance, and Income Inequality

Francesco Zanetti, University of Oxford, State Dependence of Fiscal Multipliers: the Source of Fluctuations Matters

Andrea Lanteri, Duke University, Credit Shocks and Equilibrium Dynamicsin Consumer Durable Goods Markets

Qiang Gong, Zhongnan University of Economics and Law, Financial Innovation and Supervision in the Process of Science and Technology Change--A Theoretical Analysis Based on Supervision Sandbox

Shiyi Chen, Fudan University, Trade and the Environment -- Conclusions based on Micro-enterprise Data

Youzhi Yang, SUFE, Optimal CEO Compensation and Termination

Xiaowen Wang, SUFE, Rational inattention,long run risk and real exchange rate

Tongbin Zhang, SUFE, New Tests of Expectation Formation with Application to Asset Pricing Models

Yuqin Wang, SUFE, Zombie Firms and Labor Market Dynamics: The Crowding Out Effect of Credit Misallocation