Junjie XIA
I am an assistant professor at the Institute of New Structural Economics (INSE) of Peking University. My research interest mainly lies in macroeconomics, finance, and Chinese economy. Most of my research topics are closely related to China.
Contact Information:
Institute of New Structural Economics
Peking University
5th Yiheyuan Road, Haidian District, Beijing, 100871
Email: junjiexia [at] nsd.pku.edu.cn
Current Working Papers (Draft Available Upon Request)
Select Work In Progress
Publications
Teaching
Education
Contact Information:
Institute of New Structural Economics
Peking University
5th Yiheyuan Road, Haidian District, Beijing, 100871
Email: junjiexia [at] nsd.pku.edu.cn
Current Working Papers (Draft Available Upon Request)
- “Getting Rich in China: An Empirical and Structural Investigation of Wealth Mobility” (with Vincenzo Quadrini, Qi Sun and Ting Zeng)
- “The Future of Labor: Automation and the Labor Share in the Second Machine Age” (with Hong Cheng, Lukasz Drozd, Rahul Giri and Mathieu Taschereau-Dumouchel)
- “Structural Congruence and Integration: Evidence form Special Economic Zones in China" (with Justin Yifu Lin, Fei Wang and Haochen Zhang)
- “Trade Credit and Self-fulfilling Prophecy: Evidence from Chinese Manufacturing Firms”
- “Exporting Destination, Skill Utilization and Skill Premium in Chinese Manufacturing Sector” (with Bilal Khan)
- “Firm-level Dynamics and Trade Elasticity” (with Lukasz Drozd and Rahul Giri)
- “Industrial Policy and Asset Prices: Evidence from the Made in China 2025 Policy” (with Xia Summer Liu and Bill Megginson), R&R
- “Political Uncertainty and Managerial Preferences: Evidence from Discipline Inspections in China” (with Kedi Wang), under review
- “A Theory of National Development Banks: Long-Term Investment and the Agency Problem” (with Shenzhe Jiang, Jiajun Xu and Jianye Yan), under review
- “Trade Credit, Bank Credit, and Amplification Effect” (with Qi Sun), under review
- “Dynamics of Trade Credit in China” (with Wukuang Cun, Vincenzo Quadrini and Qi Sun), under review
- “Trade-induced Urbanization and the Making of Modern Agriculture” (with Yuan Tian and Rudai Yang), under review
Select Work In Progress
- “How Institutes Shape Productivity: The Role of Chinese State-owned Enterprises” (with Emily Nix and Miao Ben Zhang)
- “In the Network: Gift-Exchanges and Migration” (with Yuan Tian)
Publications
- “Cash Holdings, Capital Structure, and Financial Risk” (with Qi Sun), Journal of Financial and Quantitative Analysis, forthcoming
- “To Upgrade or To Relocate? Explaining Heterogeneous Responses of Chinese Light Manufacturing Firms to Rising Labor Costs” (with Fei Wang and Jiajun Xu), China Economic Review, Special Issue on China's Reform and Opening Up, 2020
- “Explaining Reform and Special Economic Zones in China” (with Justin Yifu Lin and Jiajun Xu), Chapter 28, The Oxford Handbook of Industrial Hubs and Economic Development, 2020
Teaching
- Macroeconomic Theory, National School of Development (NSD) at Peking U, Fall 2017
- Intermediate Macroeconomics, NSD at Peking U, Spring 2018; Fall 2018; Spring 2019; Spring 2020
- Advanced Topics in Macro-Finance, NSD at Peking U, Spring 2020
Education
- Ph.D. Economics, University of Southern California (USC), 2017
- M.A. Economics; M.B.A. (Finance); M.A. Economic Development Programming
