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近期，我校发展研究院王赞信研究员与博士生魏巍在能源经济学顶级期刊Energy Policy(（SSCI与SCI双索引, 影响因子3.045, 中科院SCI期刊分区1区）上发表了关于光伏用硅外部成本的研究成果。尽管太阳能的开发利用有利于促进可持续发展，但是光电生产这一过程本身的可持续性问题常被忽略。随着对光伏用硅生产过程中所产生污染问题关注的逐渐增强，迫切需要知道污染所导致外部成本的信息。王赞信研究...
2017国际金融与货币政策会议（Tsinghua Workshop in International Finance and Monetary Policy 2017）
2017 国际金融 货币政策 会议
2017/5/22
The annual Tsinghua Workshop in International Finance and Monetary Policy (TWIFM) will be held on May 25-26, 2017 in Beijing, which is jointly sponsored and organized by the National Institute for Fis...
Monetary Policy Implementation and Liquidity Management of the Czech Banking System
Interest rates Liquidity management Monetary policy implementation
2016/1/27
Implementation of monetary policy assumes that monetary policy instruments stabilize O/N interest rates to the proximity of main policy rate to archive monetary targets. The function of stabilizing me...
Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe
ˉnancial integration regional specialization
2015/9/21
We ˉnd that risk sharing in the European Union (EU) has been increasing over the
past decade due to increased cross-ownership of assets across countries. Industrial speciaization has also been increa...
Sticky Prices Versus Monetary Frictions:An Estimation of Policy Trade-offs
Bayesian Estimation Long-run Inflation Target Monetary Models Welfare Costs of Inflation
2015/9/18
We develop a two-sector monetary model with a centralized and decentralized market. Activities in the centralizedmarket resemble those in a standard New Keynesian economy with price rigidities. In the...
Term Structures of Inflation Expectations and Real Interest Rates:The Effects of Unconventional Monetary Policy
Term Structures Inflation Expectations Real Interest Rates Unconventional Monetary Policy
2015/9/18
Ináation expectations have recently received increased interest because of the uncertainty created by the Federal Reserveís unprecedented reaction to the Great Recession.The effect of this reaction on...
Informal Sector,Government Policy and Institutions
Ramsey problem Friedman rule ináation taxation
2015/9/18
We document cross-country dierences in informal activity, government policies and institutions using a data set covering 118 countries. Five key facts emerge: better institutions are associated with l...
Optimal Fiscal and Monetary Policy When Money is Essential
Friedman Rule intertemporal distortions micro-founded models of money
2015/9/18
We study optimal fiscal and monetary policy in an environment where explicit frictions giverise to valued money, making money essential in the sense that it expands the set of feasible trades. The two...
The project that is the subject of this report was approved by the Governing
Board of the National Research Council, whose members are drawn from the councils of
the National Academy of Sciences, th...
Monetary Policy During a Transition to Rational Expectations
Monetary Policy Rational Expectations
2015/8/5
In standard macroeconomic models incorporating the natural rate
hypothesis and rational expectations, monetary policy has no effect on
real variables. But the rational expectations assumption that e...
Stabilizing Powers of Monetary Policy under Rational Expectations
Stabilizing Powers Monetary Policy Rational Expectations
2015/8/5
The potential of monetary policy to stabilize fluctuations in output and
employment is demonstrated in a stochastic rational expectations model
in which firms choose, considering average profitabili...
The Determinants of Economic Policy with Rational Expectations
Economic Policy Rational Expectations
2015/8/5
This paper is a sumaary of remarks for a
panel discussion on "Rational Expectations and
the Control of the Econcatym. After a brief
review of the major issues in this area, it is
argued that the c...
An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results
Rational Expectations Policy Evaluation Results
2015/8/5
An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results.
Recent Developments in the Theory of Stabilization Policy
Recent Developments Stabilization Policy
2015/8/5
During the past decade the theoretical framework underlying
macroeconomic stabilization analysis has undergone a number of significant
developments. Theories designed to explain the crucial linkage
...
On the Possibility and Desirability of Stabilization Policy: A Comment
Possibility Stabilization Policy
2015/8/5
On the Possibility and Desirability of Stabilization Policy: A Comment.