[宏觀經(jīng)濟(jì)學(xué)研討會]Credit Constraints and Growth in a Global Economy
發(fā)文時間:2016-05-23
【ECON20161210】
宏觀經(jīng)濟(jì)學(xué)研討會 (總第205期)  
【時間】2016年5月25日(周三)12:15-13:45
【地點(diǎn)】明法0102教室
【主講】陳蔭 中國人民大學(xué)經(jīng)濟(jì)學(xué)院
【主題】Credit Constraints and Growth in a Global Economy
 (N. Coeurdacier et al., American Economic Review, 2012)
【點(diǎn)評】薛澗坡 中國人民大學(xué)財(cái)政金融學(xué)院副教授
【摘要】We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints—more severe in fast-growing countries—can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net capital outflows from the latter, and a sustained decline in the world interest rate. Micro-level evidence on the evolution of age-saving profiles in the US and China corroborates our mechanism. Quantitatively, our model explains about a third of the divergence in aggregate saving rates, and a significant portion of the variations in age-saving profiles across countries and over time.
【主持】陳彥斌 教授


人大宏觀經(jīng)濟(jì)學(xué)研討會(Macro Workshop)旨在追蹤宏觀經(jīng)濟(jì)學(xué)國際最新進(jìn)展,倡導(dǎo)構(gòu)建符合國情的動態(tài)優(yōu)化模型,并使用計(jì)算機(jī)模擬研究經(jīng)濟(jì)增長、收入分配和宏觀政策等中國宏觀經(jīng)濟(jì)重大問題。
聯(lián)系人:劉哲希    Email:Macro_Workshop@163.com
資料下載:www.docin.com/mydoc-88265459-1.html
更多講座信息請?jiān)L問:www.dehf4y.cn,www.yanjiuyuan.com.cn。
 
經(jīng)濟(jì)學(xué)院 中國經(jīng)濟(jì)改革與發(fā)展研究院