题目：The Role of the Chinese Banking System in Recovery: Evidence from the Great Recession to 2014
报告人：薛文骏 Florida International University
时间：2017年5月11日下午1：00-2：30
地点：博萃楼四楼阳光房
【论文摘要】This paper investigates the effects of Chinese financial and fiscal policies on Chinese economic recovery from the Great Recession to 2014 by using firm-level data. The increase in bank credit growth due to the financial policies coincide with significant effects of banking ratios (i.e., asset liquidity, capital adequacy ratio, profitability, and bad loan ratio) and banking credit on firm-level output, employment and wage growth, while the increase in government expenditure due to the fiscal policies coincide with the significant effects of government expenditure on the very same firm-level indicators. The Chinese recovery is also affected by the external economic factors, especially exports. The effects of such policies are also shown to depend on firm characteristics such as size, liability ratio, ownership, firm financial crisis and industry.
【报告人简介】薛文骏，现为Florida International University经济系博士研究生，研究领域包括金融市场与金融中介、金融计量学等。已在Pacific-Basin Finance Journal、Economic Modelling等刊物发表论文多篇。
