北大经院工作坊第823场
Collective Behavior with Information Asymmetry
微观理论经济学工作坊
主讲人：易君健（北京大学博雅特聘教授、国家发展研究院教授）
主持老师：
（北大经院）吴泽南、石凡奇
（北大国发院）胡岠
参与老师：
（北大经院）胡涛、吴泽南、石凡奇
（北大国发院）汪浩、胡岠、邢亦青
（北大光华）翁翕、刘烁
时间：2024年3月14日（周四）10:30-12:00
地点：永利集团3044am官方入口302会议室
主讲人简介：
易君健，北京大学博雅特聘教授、国家发展研究院经济学教授，同时担任《经济学》（季刊）执行主编和Journal of Comparative Economics副主编。他的研究兴趣主要集中于医疗与健康经济学、医疗与健康大数据分析、人工智能经济学、人力资本理论、劳动和人口经济学、发展经济学、计量经济学和行为经济学。他的科研成果先后发表于经济学、管理学、人口学、公共卫生等领域内的国际顶级学术期刊，包括Journal of Political Economy、Review of Economic Studies、Management Science、Demography、Lancet和Proceedings of National Academy of Science等。
摘要：
We propose a new method for identifying bargaining power in collective household models, based on information asymmetry. Our model allows household members to exploit an information advantage for bargaining. We formulate the household's decision process under partial information disclosure using a Bayesian persuasion framework. We use this structure to point identify utility and bargaining power, which would not be identified under symmetric information. We illustrate these results by showing that our model can explain known empirical outcomes regarding child educational investment and development in Chinese households where one parent is a migrant.
北大经院工作坊第824场
The Chinese Silver Standard: Parity, Predictability, and (In)Stability, 1912–1934
经济史工作坊
主讲人：Huachen Li（Assistant Professor of Economics, Kenyon College）
时间：2024年3月14日（周四）12:00-13:30
地点：永利集团3044am官方入口303会议室
主讲人简介：
Huachen Li is an assistant professor of economics at Kenyon College. He received his PhD in economics at North Carolina State University. His research interests are macroeconomics and applied time series (macroeconometrics). Huachen has published peer reviewed research in leading academic journals including the Journal of Money, Credit & Banking, Macroeconomic Dynamics, among others.
摘要：
This paper assesses the debate about the demise of the Chinese silver standard in the mid 1930s. One side argues the U.S. Silver Purchase Act of June 1934 drained China of silver, which caused deflation and economic crises. A related claim is the Chinese silver standard was intrinsically unstable. These hypotheses are evaluated by estimating Bayesian structural VARs with drifting parameters on China-U.K. and China-U.S. samples from April 1912 to September 1934. We find instability in the Chinese silver standard peaked during the NBER recession of January 1920–July 1921 and the Great Depression (August 1929–March 1933). Hence, neither the U.S. Silver Purchase Act of June 1934 nor a design flaw lead to the end of the Chinese silver standard.
北大经院工作坊第825场
Functional VAR
计量、金融和大数据分析工作坊
主讲人：Jiaming Huang（Universitat Pompeu Fabra and Barcelona School of Economics）
主持老师：（北大经院）王熙
参与老师：
（北大经院）王一鸣、王法、刘蕴霆
（北大国发院）黄卓、张俊妮、孙振庭
（北大新结构）胡博
时间：2024年3月15日（周五） 10:00-11:30
地点： 永利集团3044am官方入口107会议室
主讲人简介：
Dr Jiaming Huang is currently interested in econometrics and macroeconomics. His research studies specialize in unobserved heterogeneity, clustering, functional data analysis, machine learning, heterogeneous agent models, monetary policy, inequality, and economic risks.
摘要：
This paper models the joint dynamics of macro aggregates and functional variables within the Structural VAR framework. I reduce the dimension of the system using functional PCA and show that the proposed functional VAR (FVAR) consistently recovers the responses of the functions. The FVAR is easy to implement and fully compatible with conventional SVAR tools. Simulation evidence shows that it performs satisfactorily in finite samples. Applying FVAR to study the impact of tax shocks on income distributions in the UK, I find that tax cuts persistently reduce the density of lower-middle-class households, which is offset by a substantial increase in the richer range and a moderate increase in the poorer range. However, this pattern is not captured by VARs with conventional inequality measures.
供稿：科研与博士后办公室
美编：禾轩、初夏
责编：度量、雨禾、雨田
