楼主: 欧阳韩初
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[宏观经济指标] 无心之失 [推广有奖]

121
彦峰 发表于 2010-4-22 12:31:53
支持真正的学者!

122
cstide 发表于 2010-4-22 12:38:23
非常厉害。非常佩服!
一个在计量经济、金融工程执着的人

123
zhuzhifeng007 发表于 2010-4-22 12:42:11
恭喜!厉害1

124
xiaoqiangjlu 发表于 2010-4-22 12:43:38
多谢楼主分享

125
枯荣 发表于 2010-4-22 12:46:59
发表之事证据不足,暂不多言。

126
ywh19860616 发表于 2010-4-22 12:54:07
首先恭喜宋老师,付出有了回报
哈哈,也得感谢楼主提高论文,谢谢

127
rr624 发表于 2010-4-22 12:54:37
这个宋教授是个海归,Ph.D. (Economics), Institute for International Economic Studies, Stockholm University,September 2005. 海归博士与国外大牛一起发文章有什么奇怪的。若有一天中国本土培养博士能在AER、Econometrics发文章那才叫牛!

128
20102346 发表于 2010-4-22 12:57:09
欧阳韩初 发表于 2010-4-21 10:49
我院(复旦经院宋铮老师的论文《Growing like China》已经被世界最顶级的杂志——《美国经济评论》接受并作为封面重点论文推出。该文从中国金融市场发展不完善的角度解释了中国为何会出现巨额外汇储备,论证了中国政府并没有通过操纵汇率来实现国际收支顺差。这对当前中美关于汇率问题的争论具有相当大的参考价值。这篇文章被《美国经济评论》的主编评价为:“it makes a very significant contribution to our understanding of the dynamics of growth in China”。

以下是本文的Abstract:
This paper constructs a growth model that is consistent with salient features of the recent Chinese growth experience: high output growth, sustained returns on capital investment, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign surplus. The building blocks of the theory are asymmetric financial imperfections and heterogeneous productivity. Some firms use more productive technologies, but low-productivity firms survive because of better access to credit markets. Due to the financial imperfections, high-productivity firms -- which are run by entrepreneurs -- must be financed out of internal savings. If these savings are sufficiently large, the high-productivity firms outgrow the low-productivity firms and attract an increasing employment share. The downsizing of the financially integrated firms forces a growing share of domestic savings to be invested in foreign assets, generating a foreign surplus. A calibrated version of the theory can account quantitatively for China's growth experience during 1992-2007.

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给大家找来了原文!(站务秘书 诸葛止于)
这是宋铮和其两位博士导师合写的。

其中一位导师是很大的大牛,担任过欧洲经济协会的主席,是ACEMOUGLU的同学和合作者

129
zhbsx 发表于 2010-4-22 12:58:37
恭喜恭喜!

130
everrui 发表于 2010-4-22 13:02:55
恭喜宋老师

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