學(xué)術(shù)信息
學(xué)術(shù)講座：Trade Liberalization and Corporate Savings
日期：2016-11-11 | 訪(fǎng)問(wèn)量：
學(xué)術(shù)講座：Trade Liberalization and Corporate Savings
演講題目：Trade Liberalization and Corporate Savings
演講人：杜清源 時(shí)間：11月23日下午2點(diǎn) 地點(diǎn)：博學(xué)樓918演講人簡(jiǎn)介：杜清源教授在哥倫比亞大學(xué)獲得經(jīng)濟(jì)學(xué)博士學(xué)位，現(xiàn)為Monash大學(xué)經(jīng)濟(jì)系助理教授。他的研究領(lǐng)域包括國(guó)際經(jīng)濟(jì)學(xué)、宏觀經(jīng)濟(jì)學(xué)和中國(guó)經(jīng)濟(jì)。他在國(guó)際重要學(xué)術(shù)期刊 Journal of International Money and Finance和Journal of Internatiaonal Economics 等發(fā)表過(guò)論文，并受邀參加CESA、NBER年會(huì)討論中國(guó)經(jīng)濟(jì)問(wèn)題。
摘要：The high corporate savings rate in China has been commonly claimed to be an important driver of the country's large current account surplus. We propose a new hypothesis in this paper that, trade liberalization can lead to a rise in corporate savings. In a model with firm heterogeneity, we show that exporters raise save more after trade liberalization which in turn leads to a higher economy-wide corporate savings. We also provide empirical evidence to support our theoretical predictions.