学术讲座：Trade Liberalization and Corporate Savings
日期：2016-11-11 | 访问量：
学术讲座：Trade Liberalization and Corporate Savings
演讲题目：Trade Liberalization and Corporate Savings
演讲人：杜清源 时间：11月23日下午2点 地点：博学楼918演讲人简介：杜清源教授在哥伦比亚大学获得经济学博士学位，现为Monash大学经济系助理教授。他的研究领域包括国际经济学、宏观经济学和中国经济。他在国际重要学术期刊 Journal of International Money and Finance和Journal of Internatiaonal Economics 等发表过论文，并受邀参加CESA、NBER年会讨论中国经济问题。
摘要：The high corporate savings rate in China has been commonly claimed to be an important driver of the country's large current account surplus. We propose a new hypothesis in this paper that, trade liberalization can lead to a rise in corporate savings. In a model with firm heterogeneity, we show that exporters raise save more after trade liberalization which in turn leads to a higher economy-wide corporate savings. We also provide empirical evidence to support our theoretical predictions.