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Jianjun Miao: Convergence and Financial Development

The researchers analyze the relationship among growth, inflation, and financial development. Figure 1 presents the cross-sectional evidence on a sample of 71 countries over the period 1960-1995. Panels A and B show that the average inflation rate is negatively correlated with the average per capita GDP growth rate and positively correlated with the average money growth rate

Winter Camp

The 6th International Conference on NSE Successfully Concluded

On August 11, the 6th International Conference on NSE successfully concluded. The Conference, hosted by the Institute of New Structural Economics (INSE) at Peking University between August 9 – 11, brought together over 40 worldwide frontier scholars to exchange research ideas and findings on New Structural Economics.

NSE Conference

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The 6th International Conference on NSE Successfully Concluded

On August 11, the 6th International Conference on NSE successfully concluded. The Conference, hosted by the Institute of New Structural Economics (INSE) at Peking University between August 9 – 11, brought together over 40 worldwide frontier scholars to exchange research ideas and findings on New Structural Economics.

INSE Hosted the Second Academic Advisory Council Meeting
2019-08-13
On August 8, the Institute of New Structural Economics at Peking University (INSE) hosted its second Academic Advisory Council Meeting.
The 6th NSE Summer School Closed with Success
2019-07-09
From July 5th to 8th, 2019, the Institute of New Structural Economics at Peking University (INSE) held the 6th New Structural Economics Summer School in Langrun Garden, Peking University.
Conference on "Realizing the Full Potential of NDBs: Supporting the SDGs and Structural Transformation"
2019-06-03
On May 28th, 2019, the Agence Française de Développement (AFD), the Institute of New Structural Economics at Peking University (INSE), and the Research Institute of China Development Bank (CDB) jointly organized the conference on “Realizing the Full Potential of National Development Banks: Supporting the Sustainable Development Goals (SDGs) and Structural Transformation” at Peking University.
China and the West: The Role of the State in Economic Growth
2019-03-29
On Thursday, March 21 and Friday, March 22,China and the West: The Role of the State in Economic Growth, a two-day conference jointly hosted by the School of International and Public Affairs (SIPA)

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07/10:The 32nd NSE International Development Forum

Venue：Wanzhong First Floor Classroom, Langrun Garden, Peking University

Speaker：Sushanta Mallick

Using data for 1,740 banks from 86 countries over the period 2004-2015, this paper contributes to the ongoing policy debate on whether greater financial inclusion can help improve bank performance, even in the presence of financial regulation. We, first, document a strong positive association between financial inclusion and bank efficiency, and then show that this association is stronger in countries with limited restrictions on banking activities, less barriers on foreign bank entry, and more capital regulation stringency.

06/19:Structural Change and Global Trade

Venue：Room 359S, Overseas Exchange Center, Peking University

Speaker：Jing Zhang

Services, which are less traded than goods, rose from 58 percent of world expenditure in 1970 to 79 percent in 2015. In a trade model featuring nonhomothetic preferences and input-output linkages, we find that such structural change has restrained the growth in world trade to GDP by 15 percentage points over this period. This is about half the magnitude that declining trade costs have boosted openness.

Upcoming Events

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01.
The Inauguration Ceremony of the Institute of New Structural…
2018-12-11
December 14, 2018 Venue: Overseas Exchange Center, Peking University No. 5 Yiheyuan Road, Haidian District Beijing, P.R. China, 100871 The Opening Ceremony and Workshop I is open to the public.
02.
【12.13 Agenda】 INET- INSE Joint Conference on New Structural…
2018-12-07
INET- INSE Joint Conference on
New Structural Economics
University of Chicago Beijing Center, Beijing, China
Language: English
03.
【8.6-7Agenda】The 5th NSE International Annual Conference
2018-07-26
Structural Change, Industrial Upgrading and Economic Growth
Aug 6-7, 2018
Peking University, Beijing, China
Language: English

Professors' Insights

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01.
[Project Syndicate] Justin Yifu Lin: Why China Can Grow Acco…
2016-04-01

BEIJING – China’s recently finalized 13th five-year plan maps out its economic strategy and ambition for the 2016-2020 period. Among its objectives are a doubling of GDP and average rural and urban household incomes relative to their 2010 levels.
02.
[Taylor & Francis] Justin Yifu Lin: China’s Economic Growth…
2017-03-24
The rise of China and its implications for economics and other developing countries, written by Justin Yifu Lin, the former Senior Vice President and Chief Economist of the World Bank, Director of the Center for New Structural Economics at Peking University, has been published on Area Development and Policy yesterday.
03.
[Project Syndicate] A New Years Development Resolution
2017-01-01
BEIJING/PARIS/NEW YORK – The United Kingdom’s vote to leave the European Union and the United States’ election of Donald Trump as its next president have laid bare developed-country citizens’ dissatisfaction with globalization.

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