Junjie XIA
Welcome to my research website!
Academic Affiliations:
School of Economics, Central University of Finance and Economics;
Institute of New Structural Economics, Peking University
Contact: junjiexia [at] nsd.pku.edu.cn
Current Research Papers (Draft Available Upon Request)
- “Trade-induced Urbanization and the Making of Modern Agriculture” (with Yuan Tian and Rudai Yang)
- “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)
- “What Determines the Success of Industrial Policy: Evidence from China's Special Economic Zones" (with Justin Yifu Lin, Fei Wang and Haochen Zhang)
- “Enjoy the Quiet Life? The Unintended Consequence of Anti-Corruption Campaign in China” (with Kedi Wang)
- “Misallocation under Heterogeneous Markups and Non-Constant Returns to Scale” (with Xiaoyue Zhang)
- “Exporting Destination, Skill Utilization and Skill Premium: Theory and Evidence from China” (with Bilal Khan)
- “Industrial Policy and Asset Prices: Evidence from the Made in China 2025 Policy” (with Xia Summer Liu and Bill Megginson), R&R at Journal of Banking & Finance
- “A Theory of National Development Bank: Long-Term Investment and the Agency Problem” (with Shenzhe Jiang, Jiajun Xu and Jianye Yan)
- “Trade Credit, Bank Credit, and Amplification Effect” (with Qi Sun)
- “Congruence and Firm Innovation: Evidence from Chinese Nasdaq” (with Xiuping Hua, Yong Wang and Haochen Zhang)
- “In the Network: Gift-Exchanges and Migration” (with Yuan Tian)
- “Trade Credit and Self-fulfilling Prophecy: Evidence from Chinese Manufacturing Firms”
- “Firm-level Dynamics and Trade Elasticity” (with Lukasz Drozd and Rahul Giri)
- “Shape of Jobs and Urban Wage Premium” (with Yuan Tian)
Publications
- “Dynamics of Trade Credit in China” (with Wukuang Cun, Vincenzo Quadrini and Qi Sun), conditional accepted at Economic Journal
- “Cash Holdings, Capital Structure, and Financial Risk” (with Qi Sun), 2021, Journal of Financial and Quantitative Analysis
- “To Upgrade or To Relocate? Explaining Heterogeneous Responses of Chinese Light Manufacturing Firms to Rising Labor Costs” (with Fei Wang and Jiajun Xu), 2020, China Economic Review
- “Explaining Reform and Special Economic Zones in China” (with Justin Yifu Lin and Jiajun Xu), Chapter 28, 2020, The Oxford Handbook of Industrial Hubs and Economic Development
Teaching
- Advanced Topics in Macro-Finance, Peking University, Spring 2020, Spring 2021, Spring 2022
- Macroeconomic Theory, Peking University (NSD), Fall 2017
- Intermediate Macroeconomics, Peking University (NSD), Spring 2018; Fall 2018; Spring 2019; Spring 2020, Spring 2021
- Financial Economics and Capital Market Theory, Central University of Finance and Economics, Spring 2022
- Ph.D. Economics, University of Southern California (USC), 2017
- M.A. Economics; M.B.A. (Finance); M.A. Economic Development Programming; B.A. Economics
- Associate Professor, School of Economics, Central University of Finance and Economics, 2021/11 - Present
- Assistant Professor, Institute of New Structural Economics, Peking University, 2017/09 - Present
