已发表 Publications
中文 Chinese
- “银行外源增资、资产负债表调整与风险承担行为”，《国际金融研究》，待刊，与林宏涛、梁思靖合著 [ pdf ]
- “商业银行股权治理与系统脆弱性”，《金融研究》，待刊，与周颖刚、潘骏合著 [ pdf ]
- “银行业对外开放与内资银行竞争和发展——兼论统筹银行业开放与安全”，《经济研究》，2024年第9期，与罗知、陆利平、刘成合著 [ 发表版pdf ]
- “商业银行数字化转型与系统脆弱性”，《计量经济学报》，2024年第5期，与周颖刚、潘骏合著 [ 发表版pdf ] [ 期刊链接 ]
- “银行家问卷调查与信贷周期理论的再检验”，《金融研究》，2023年第12期，与赵雪晴合著 [ 发表版pdf ] [ 期刊链接， 知网链接 ]
- “银行承销商投资角色与债券定价效率——基于严控债券代持业务自然实验的分析”，《中国工业经济》，2023年第9期，与林晚发、赵仲匡、方梅合著，[ 发表版pdf ] [ 期刊链接，知网链接 ]
- Citation: Lin, W., Z. Zhao, Y. Liu, and M. Fang, “Investment Role of Bank Underwriters and Bond Pricing Efficiency: Analysis Based on a Quasi-Natural Experiment of Tightly Controlled Bond Holding Business,” China Industrial Economics, 2023, (9)
- “动态随机一般均衡模型在中国的研究进展与展望”，《经济学（季刊）》，2022年第6期，与李戎、彭俞超、许志伟、薛涧坡合著 [ pdf，完整版工作论文 ] [ 发表版pdf ] [ 知网链接 ]
- Citation: Li, R., Y. Liu, Y. Peng, Z. Xu, and J. Xue, “Dynamic Stochastic General Equilibrium Research in China: A Review and Prospect,” China Economic Quarterly, 2022, (6)
- “科学方法与问题意识——动态随机一般均衡模型在中国的研究进展与展望”，2021，与李戎、彭俞超、许志伟、薛涧坡合著 [ pdf ，增补2010 – 2019国内DSGE文献综述 ]；2020版标题“科学方法与问题意识——对中国宏观经济学研究的思考” [ pdf ]
- 《人大复印报刊资料》2023转载
- “债券评级包装与‘担保正溢价’之谜”，《经济研究》，2022年第2期，与林晚发、赵仲匡合著 [ 发表版pdf ] [ 知网链接 ]
- “贸易政策不确定性如何影响商业银行风险？——对企业经营渠道的检验”，《中国工业经济》，2021年第8期，与葛新宇、庄嘉莉合著 [ 发表版pdf ] [ 期刊链接，知网链接 ]
- Citation: Ge, X., J. Zhuang, and Y. Liu, “How Does Trade Policy Uncertainty Affect Bank Risk? An Examination of the Firm Performance Channel,” China Industrial Economics, 2021, (8)
- 工作论文版 [ pdf ]
- “后疫情时代宏观经济学中政府角色的思考”，《经济评论》，2020年第4期，与薛涧坡、许志伟、李戎合著 [ 发表版pdf ] [ 知网链接 ]
- Citation: Xue, J., Z. Xu, Y. Liu, and R. Li, “Perspectives on the Role of Government in the Post-COVID-19 Macroeconomics,” Economic Review, 2020, (4)
- 本文是工作论文“兼爱非攻则天下治——一个统一的多政府主体宏观经济分析框架”的缩减版 [ 见下方工作论文列表 ]
- 王勇在对此文评论基础上拓展的文章 [ pdf ]
- “跨国增长实证研究的模型不确定性问题：机器学习的视角”，《中国工业经济》，2019年第12期，与谢天合著 [ 发表版pdf ] [ 期刊链接，知网链接 ]
- “金融发展对经济增长的促进作用及持续性研究——基于英美、德国、法国法系的比较视角”，《金融研究》，2019年第12期，与黄宪、童韵洁合著 [ 发表版pdf ] [ 期刊链接，知网链接 ]
- Citation: Huang, X., Y. Liu, and Y. Tong, “Investigating the Persistence of Finance-led Growth: A Comparison of the Anglo-American, German, and French Legal Families,” Journal of Financial Research, 2019, (12)
- 发表前工作论文版本 [ pdf ]
- “金融稳定政策的设计：基于利差扭曲的风险成因考察”，《中国工业经济》，2017年08期，与何国华、李洁合著 [ 发表版pdf ] [ 期刊链接，知网链接 ]
- Citation: He, G., J. Li, and Y. Liu, “Financial Stabilization Policy Design: Based on the Analysis of Riskiness Formation over Spread Formation,” China Industrial Economics, 2017, (8)
- 《中国社会科学文摘》2017年转引
- “乡村煤炭经济推动着农村的发展”，《人民日报·内参》，2008年第33期，与杨业伟合著
- 报告完整版 [ pdf ]
英文 English
- “On the Optimal Design of a Financial Stability Fund,” 2024, with Arpad Abraham, Eva Carceles, and Ramon Marimon, Review of Economic Studies, forthcoming, Latest Version [ pdf ]
- “Network Based State Ownership and Corporate Resilience: Evidence from China,” with Weigang Fu and Fangrui Liu, Finance Research Letters, 2024, 69 Part B p. 106199 [ WP v2 pdf v1 pdf ] [ pdf ] [ link ]
- “Does Liquidity Regulation Affect Commercial Banks’ Carbon Bias? Evidence from China,” with Junxun Dai, Wei Yuan, and Xin Zou, China Economic Review, 2024, 87 p.102253 [ pdf ] [ link ]
- “Countercyclical Central Government Transfers Incentivize Local Government Overborrowing: Theory and Evidence,” with Guowei Wu and Chen Xiong, Economic Modelling, 2024, 132 p.106625 [ pdf ] [ link ]
- “On the Factors Driving Bank Lending Standards: Global Evidence from Bank Lending Surveys,” with Xueqing Zhao, Economics Letters, 2023, 233 p.111431 [ WP pdf ] [ pdf ] [ link ]
- “Making Sovereign Debt Safe with a Financial Stability Fund,” with Ramon Marimon and Adrien Wicht, Journal of International Economics, 2023, 145 p.103834 [ WP pdf ] [ pdf ] [ link ]
- “Monetary Policy Uncertainty, Market Structure and Bank Risk-taking: Evidence from China,” with Xinyu Ge and Jiali Zhuang, Finance Research Letters, 2023, 52 p. 103599. [ pdf ] [ link ]
- Working paper version [ pdf ]
- “The Driving Forces of China’s Business Cycles: Evidence from an Estimated DSGE Model with Housing and Banking,” with Xinyu Ge, Xiao-Lin Li, and Yong Li, China Economic Review, 2022, 72 p. 101753 [ pdf ] [ link ]
- “Knowledge Big Graph Fusing Ontology with Property Graph: A Case Study of Financial Ownership Network,” with Xiaobo Tang and Weigang Fu, Knowledge Organization, 2021, 48(1) pp. 55 – 71. [ pdf ] [ link ]
- “Make or Buy — A New Look for Derivative Action Costs in Chinese Law,” with Jingchen Zhao, Jiemei Ou, and Wangwei Lin, Texas International Law Journal, 2020, 55(2) pp. 297 – 326. [ pdf ] [ link ]
- “Machine Learning Versus Econometrics: Prediction of Box Office,” with Tian Xie, Applied Economics Letters, 2019, 26(2) pp. 124 – 130. [ pdf ] [ link ]
- “Does the T+1 Rule Really Reduce Speculation? Evidence from Chinese Stock Index ETF,” with Xinyun Chen and Tao Zeng, Accounting and Finance, 2017, 57(5) pp. 1287 – 1313. [ pdf ] [ link ]
工作论文 Working Papers
中文 Chinese
- “业绩承诺协议对企业风险披露的激励效应研究”，2024，与沈思晨、刘欣怡合著，《南开经济研究》返修 [ pdf ]
- “AAA担保机构与债券市场高质量发展：关于担保供给的理论与实证分析”，2024，与林晚发、卢洁宜、宋敏合著，《管理世界》返修 [ pdf ]
- “地方性商业银行国有股权与关联贷款行为特征研究”，2024，与程子帅、潘敏合著，《经济学》（季刊）外审 [ pdf ]
- “银行国有股权与货币政策传导的银行信贷渠道”，2024，与孙昊天、程子帅合著，《经济研究》返修 [ pdf ]
- “身随‘影’动——对银行表内与表外信贷配置替代性的识别”，2024，与杨宇彤、葛新宇合著，《经济研究》，在审 [ pdf ]
- “全球银行信贷标准变化、系统性风险与宏观审慎政策”，2024，与段月姣、赵雪晴、李欣明合著
- “信用供给与劳动力市场波动——理论机制与量化分析”，2024，与赵雪晴合著 [ pdf ]
- “经济政策不确定性、银行目标完成与目标设定——基于银行竞争压力视角”，2024，与杨梓菲合著
- “金融分权与城商行合并重组”，2024，与丁堃、刘冲合著 [ pdf ]
- “中国银行业微观市场结构测算与分析：2003-2022”，2024，与王汇轩合著 [ pdf, ppt ]
- “僵尸企业债券定价扭曲与资源配置效率：基于金融分权视角的解释”，2022，与赵仲匡、陈思均、林晚发合著 [ pdf ]
- “供给侧结构性改革的银行信贷配置渠道”，2021，与魏昕合著 [ pdf ]
- “城市化、公共投资与最优城乡土地配置政策——基于量化空间均衡模型的分析”，2021，与程坤合著 [ pdf ]
- “银行股权结构对关联贷款规模的影响研究”，2021，与程子帅、赵景琛合著 [ pdf ]
- “兼爱非攻则天下治——一个统一的多政府主体宏观经济分析框架”，2020，与李戎、许志伟、薛涧坡合著 [ pdf ]
- 【永久工作论文】“专项转移支付、财力结构选择与地方政府超额负债”，2019，与吴国维合著 [ pdf ]
- 前一版标题为“地方政府债务超发与中央隐性财政支持”，2017，[ pdf ]
- 英文缩减版见 Liu, Wu, and Xiong, 2024
英文 English
- “The Evolution of Deposit Business in Chinese Commercial Banks Under the Background of Financial Reform: 2011–2019,” 2024, with Xinyu Ge and Yutong Yang, China Economic Review, under review
- “Liquidity Premium in China’s Credit Bond Markets: An Investigation Based on the γ Illiquidity Measure,” 2024, with Shubo Wang
- “Fiscal and Currency Unions with Default and Exit,” 2024, with Alessandro Ferrari, Ramon Marimon, and Chima Simpson-Bell [ pdf ]
- “A New Dataset of Banker Surveys: Credit Conditions for 44 Countries over 1993–2021,” 2022, with Xueqing Zhao [ pdf ] [ slides ]
- “Discretization of the Markov Regime Switching AR(1) Process,” 2017 [ pdf ]
- “A Note on Steady State Financial Friction in Banking,” 2017, with Jie Li [ pdf ]
- “On Positive Autocorrelations of a Markov Chain,” 2018, with Xinyun Chen [ pdf ]
- “Bank Competition and Lending Policies and over the Business Cycle,” 2019, [ pdf ]
审稿 Review
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Routledge Press (1)
国家自然科学基金
- 括号中为审稿篇次；期刊审稿总数143
- Michael Jensen在Master of Finance采访[ YouTube link ]中评价他与William Meckling在JFE发表的经典论文 “Theory of the Firm” 时提到，70年代初该文最初在Rochester和Chicago报告时，听众的反应: “Not only unlike, they hate it!” 该文第一次投稿Bell Journal of Economics，editor是Oliver Williamson，两份审稿报告一致愤怒地拒稿。一段时间后，Eugene Fama作为JFE的editor，给Jensen写了一封写，里面说: “This is an unconditional acceptance of your paper to JFE.” ——拒掉一篇真正有重要创新的文章，正是审稿人的日常修为。
会议与组织 Conference and Organization
经济波动与增长论坛：[ link ]
银行与公司金融青年论坛