Junjie XIA
Welcome to my website! My research interests include Macroeconomics, Finance, and Chinese Economy.
Academic Affiliations:
Central University of Finance and Economics
Peking University
Contact Information:
junjiexia [at] nsd.pku.edu.cn
Current Research Papers (Draft Available Upon Request)
Teaching
Academic Affiliations:
Central University of Finance and Economics
Peking University
Contact Information:
junjiexia [at] nsd.pku.edu.cn
Current Research 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) updated in August, 2023
- “Trade-induced Urbanization and the Making of Modern Agriculture” (with Yuan Tian and Rudai Yang) updated in October, 2023
- “Factor Income Shares and Distortions in China” (with Xiaoyue Zhang) updated in April, 2023
- “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) new draft coming soon
- “The Unintended Consequence of Discipline Inspection as an Anti-Corruption Campaign Tool on Managerial Incentives” (with Bill Megginson and Kedi Wang) updated in October, 2023
- “Productivity Cost of Distortions in China” (with Xiaoyue Zhang) updated in July, 2023
- “Trade Credit, Bank Credit, and Amplification Effect” (with Qi Sun) under revision
- “What Determines the Success of Industrial Policy: Evidence from China's Special Economic Zones" (with Justin Yifu Lin, Fei Wang and Haochen Zhang) under revision
- “Exporting Destination, Skill Utilization and Skill Premium: Theory and Evidence from China” (with Bilal Khan) under revision
- “Industrial Policy, Congruence, and Innovation: Evidence from Chinese Nasdaq” (with Xiuping Hua, Yong Wang and Haochen Zhang) under revision
- “A Theory of National Development Bank: Long-Term Investment and the Agency Problem” (with Shenzhe Jiang, Jiajun Xu and Jianye Yan), Economic Theory, 2023
- “Dynamics of Trade Credit in China” (with Wukuang Cun, Vincenzo Quadrini and Qi Sun), Economic Journal, 2022
- “Industrial Policy and Asset Prices: Evidence from the Made in China 2025 Policy” (with Xia Summer Liu and Bill Megginson), Journal of Banking and Finance, 2022
- “Cash Holdings, Capital Structure, and Financing Risk” (with Qi Sun), Journal of Financial and Quantitative Analysis, 2021
- “To Upgrade or To Relocate? Explaining Heterogeneous Responses of Chinese Light Manufacturing Firms to Rising Labor Costs” (with Fei Wang and Jiajun Xu), special issue of the China Economic Review 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, 2020, The Oxford Handbook of Industrial Hubs and Economic Development, edited by Arkebe Oqubay and Justin Yifu Lin, Oxford University Press
- “Managerial Corruption and Corporate Performance” (with Wukuang Cun, Vincenzo Quadrini and Qi Sun), draft coming soon
- “Out of the Network: Migration and the Decay of Relational Society” (with Yuan Tian), draft coming soon
- “Trade Credit and Self-fulfilling Prophecy: Evidence from Chinese Manufacturing Firms”
- “Shape of Jobs and Urban Wage Premium” (with Yuan Tian)
Teaching
- Advanced Topics in Macro-Finance (Peking U), Spring 2020, Spring 2021, Spring 2022, Spring 2023
- Financial Economics and Capital Market Theory (CUFE), Spring 2022, Fall 2022, Fall 2023
- Macroeconomics (CUFE), Fall 2022, Fall 2023; Econometrics (CUFE), Fall 2022, Fall 2023
- Intermediate Macroeconomics (Peking U), Spring 2018; Fall 2018; Spring 2019; Spring 2020, Spring 2021
- Macroeconomic Theory (Peking U), Fall 2017
- Ph.D. Economics, University of Southern California (USC), 2017
- M.B.A. (Finance); M.A. Economic Development Programming; M.A., B.A. Economics
- Associate Professor, School of Economics, Central University of Finance and Economics, 2021/11 - Present
- Adjunct Professor, Institute of New Structural Economics, Peking University, 2021/11 - Present
- Assistant Professor, Institute of New Structural Economics, Peking University, 2017/08 - 2021/10