Institute of New Structural Economics

X << 返回

中文 | EN

中文 En

Home
About Us

About Us Messages from the Dean Senior Administration Organizational Structure Milestones Contact Us
People

Full-time Professors Distinguished Professors Academic Advisory Council Research Fellows Post-doctoral Fellows Research Specialists Administrative Staffs
Research

About New Structural Economics Publication Working Paper Academic Activities Development Financing
Policy

Introduction Domestic Development Cooperation International Development Cooperation Policy Reports
Students

PhD Program Summer School Current Students
Networks

Network of NSE Research Center International Institute Local Policy Research and Practice Center GreCEST
Database

Development Financing Database
Donation

Support Sustainable Development Details Contact Information
Join us

Academic Policy Administration

Keywords

The Fifth Symposium (Winter Camp) on New Structural Economics Successfully Concluded

The Institute of New Structural Economics at Peking University (INSE) hosted the Fifth Symposium (Winter Camp) on New Structural Economics (NSE) from December 15 to 18, 2019 in Beijing. Inaugurated in 2015, the annual symposium demonstrates the theoretical framework, latest research and database construction outcome, and future research prospects of NSE. This 5th edition of the symposium brings together well-known economists and young researchers at home and abroad to discuss issues related to NSE to deepen NSE research.

Winter Camp

The 7th International Conference on NSE Concluded with Success

The 7th International Workshop on NSE held during December 12-15 has successfully concluded. This Workshop, hosted by the Institute of New Structural Economics (INSE) at Peking University, was on the theme of Experiences of Economic Transition in the Past 40 Years in the World.

NSE Conference

News

More

The Launch of the First Global PDBs and DFIs Database and Visualization Website

At the Finance in Common Summit (FiCS) held by Cassa Depositi e Prestiti (CDP) on October 19-20, the first global database on public development banks (PDBs) and development financing institutions (DFIs) was successfully launched by the Institute of New Structural Economics (INSE) at Peking University and French Development Agency (AFD).

Launch the First Global PDB&DFI Database in the Second Finance in Common Summit
2021-10-17
Nowadays Public Development Banks (PDBs) and Development Financing Institutions (DFIs) are experiencing a renaissance worldwide as their usefulness is increasingly recognized by both academics and policymakers. PDBs and DFIs are public financial institutions initiated by governments to proactively achieve public policy objectives. They are potentially useful policy instruments for fixing market failures, incubating markets, coordinating public policies with stakeholders, and promoting economic structural transformation in an equitable and sustainable manner. But not all PDBs and DFIs have achieved positive development outcomes as expected. To fulfill their development potential, it is important to rigorously examine their roles, operations, and effectiveness to avoid pitfalls. But the in-depth academic research is scarce. One major reason behind the paucity of research is the lack of systematic efforts to identify these public financial institutions and collect relevant data.
INSE-AFD Joint Database Report Launched——“Mapping 500+ Development Banks——Qualification Criteria, Stylized Facts and Development Trends”
2021-10-13
Building on the initiative by the development financing research program from the Institute of New Structural Economics (INSE) at Peking University to build the world's first-ever database on development financing institutions
International Conference in Macroeconomics Held in Beijing
2021-07-05
The Third China International Conference in Macroeconomics (CICM) was held on June 28-30, 2021 in the Lakeview Hotel in Beijing, China and simultaneously online via the Zoom platform. Near 150 scholars from well-known colleges including Massachusetts Institute of Technology, Princeton University, University of California, Berkeley, Yale University, Duke University, Toronto University, London School of Economics, Peking University and Tsinghua University gathered and discussed significant issues on Macroeconomics under the background of new development paradigm.
NSE Development Financing Reports Launched and Symposium Held in Beijing
2021-06-22
On June 18, 2021, building on the world’s first database on public development banks and development financing institutions initiated by the Development Financing Research Program at the Institute of New Structural Economics (INSE) at Peking University, the New Structural Economics Development Financing Reports were launched in Beijing. The event was jointly organized by the Institute of New Structural Economics of Peking University (INSE) and the Editorial Office of Chinese Economics Quarterly.

Seminar

More

11/26:Unequal Returns to China's Intercity Road Network

Venue：Zoom

Speaker：Zheng (Michael) Song

We estimate the returns to infrastructure investments for each city-to-city link in China’s road network. Using real-time GPS data from over half a million trucks, we first identify congested and uncongested links based on whether speed decreases with traffic density. We then estimate the elasticity of traffic flows to the capacity of a link conditional on its congestion status. We incorporate congestion heterogeneity into a trade model with optimal route choices developed by Allen and Arkolakis (2019). Our structural estimation shows that the model can replicate the main features of traffic flow, speed and congestion in the data. The benefit of expanding the capacity of a link is inferred from the estimated model. The cost of the expansion is estimated from construction costs based on physical topography and market value of acquired land. We find that about 64% of China’s intercity links are uncongested and associated with negative returns. The returns are much higher for congested links and the dispersion is generally large. While we focus on marginal local improvements in individual link capacity and do not quantify aggregate misallocation of the entire network, the large dispersion in returns across links suggests there could be misallocation of road infrastructure investment in China. To facilitate comparison, we also analyze real-time traffic flow data for highways in England. In sharp contrast to China, almost all intercity links in England are found to be congested.

11/05:Occupational Choice and Intergenerational Mobility of Welfare

Venue：Zoom

Speaker：Corina Boar

Professor Corina Boar is Assistant Professor of Economics at New York University and a Faculty Research Fellow at the NBER. Prior to joining New York University, Corina Boar was a Postdoctoral Research Associate at Princeton University. Professor Boar's research is in the field of macroeconomics. She uses both data analysis and quantitative models to understand the determinants of individuals' consumption-saving and labor market decisions, as well as ensuing implications for the evolution of macroeconomic aggregates, inequality and the effectiveness of government policies. Two of her papers are forthcoming in Review of Economic Studies. She received a Ph.D. in Economics from the University of Rochester in 2017.

2021

10/22

Work from Home Before and After the COVID-19 Outbreak
2021

10/15

Regulating Conglomerates: Evidence from an Energy Conservation Program in China
2021

10/08

Plants in Space
2021

09/24

The Determinants of ESG Ratings: Rater Ownership Matters

Upcoming Events

More

01.
Agenda for the Third China International Conference in Macro…
2021-06-04
The Third China International Conference in Macroeconomics (CICM) will be held on June 28-30, 2021 in Beijing, China and simultaneously online via the Zoom platform. The conference is jointly sponsored and organized by Institute of New Structural Economics at Peking University (INSE), Tsinghua University PBC School of Finance (PBCSF) and China Forum of Macroeconomic Research (CFMR).
02.
Agenda for International Conference on Recent Development in…
2021-05-19
In order to discuss the recent development in new structural economics and finance, and to enhance the impact of new structural economics at home and abroad, International Conference on Recent Development in New Structural Economics and Finance is going to be held in Ningbo on 22-23 May 2021.
03.
【Call for Paper】International Conference on Recent Developme…
2021-01-07
The Institute of New Structural Economics of Peking University, and the Ningbo Center for New Structural Economics of the University of Nottingham Ningbo China, will jointly host an international conference in collaboration with Elsevier’s Research in International Business and Finance on 22–23 May, 2021, in Ningbo, China.

Professors' Insights

More

01.
[Project Syndicate] The Age of Public Development Banks Has…
2020-11-09
With combined assets of more than $11 trillion, public development banks already play a significant role in the global economy. They should now increase their individual and joint activities further, in ways that even better aid the green and fair recovery the world urgently needs.
02.
[Project Syndicate] Justin Yifu Lin & Yan Wang: A Turning Po…
2020-01-08
Since the 1960s, more than $4.6 trillion (in constant 2007 dollars) in gross bilateral and multilateral official development assistance (ODA) has been transferred to low-income countries. Yet extreme poverty and stagnant growth remain widespread. The message is clear: traditional North-South aid is not nearly as effective as it could be and should be.
03.
[Financial Review] "Valid concern": Exports to China a trade…
2019-06-26
China is able to withstand a protracted trade war with the US, putting the onus on Donald Trump to end the fight, according to former World Bank chief economist and top adviser to China's communist leaders, Justin Yifu Lin.

Link