International Recessions
發(fā)文時(shí)間:2019-05-07

【ECON20191208】? ?

宏觀經(jīng)濟(jì)學(xué)研討會?

(總第263期)? ? ??

【時(shí)間】2019年5月8日(周三)12:15-13:45 ? ? ? ? ?

【地點(diǎn)】明商0202教室 ? ? ? ? ?

【主講】劉凱 中國人民大學(xué)經(jīng)濟(jì)學(xué)院副教授 ? ? ? ? ?

【主題】International Recessions(Fabrizio Perri & Vincenzo Quadrini, American Economic Review, 2018) ? ? ? ? ?

【點(diǎn)評】陳樸 中國人民大學(xué)經(jīng)濟(jì)學(xué)院副教授 ? ? ? ? ?

【摘要】Macro developments leading up to the 2008 crisis displayed an unprecedented degree of international synchronization. Before the crisis, all G7 countries experienced credit growth and, around the time of the Lehman bankruptcy, they all faced sharp and large contractions in both real and financial activity. Using a two-country model with financial frictions, we show that a global liquidity shortage induced by pessimistic self-fulfilling expectations can quantitatively generate patterns like those observed in the data. The model also suggests that crises are less frequent with more international financial integration but, when they hit, they are larger and more synchronized across countries. ? ? ? ??

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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:王兆瑞? ? 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。

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