YANG Zirong

   Ph.D.;Senior research fellow
   Department of Global Macroeconomy
   Assistant Research Fellow
   Email：zryang@pku.edu.cn

Research Interests:
Monetary Policy, Financial Development and Structure, Financial openness

Education:
2016.7 - 2018.6 Postdoctoral Fellow in Applied Economics, Institute of New Structural Economics, Peking University
2013.9 - 2016.7 Ph.D. in Finance, School of Economics and Management, Wuhan University
2011.9 - 2013.7 Master in Finance, School of Economics and Management, Wuhan University
2007.9 - 2011.7 Bachelor in Finance, School of Economics and Management, Anhui University

Publication:
“The Puzzle and Adjustment Path of China’s Financial Structure”, Wuhan Finance Monthly (Chinese), 2018(6).
“The Theory and Application of New Structural Finance”, Financial View (Chinese), 2018(5). (with Yong Wang)
“Financial Structural, Industrial Structure and Economic Growth: An Empirical Test from the Perspective of New Structural Finance”, China Economic Quarterly (Chinese), 2018, 17(2). (with Pengyang Zhang)
“The Impact of Exchange Rate Devaluation on RMB Internationalization”, World Economy Studies (Chinese), 2016(4). (with Delong Bai)
“Will China’s Monetary Policy Impact on US Monetary Policy? Based on the Perspective of Effect Spillover”, Studies of International Finance (Chinese), 2016(1). (with Xian Huang)
“Does China’s Monetary Policy Impact US’S Stock Market? An Analysis From the Perspective of Spillover Effect” (Chinese), 2016(1).
“Are the Efficient Frontiers of Domestic Demand-Driven Growth in the New Normal”, Economic Theory and Business Management (Chinese), 2015(12). (with Junxun Dai)
“The Power Switch of Chinese Economic Growth under the New Normal——Based on the Perspective Analysis of Regional Difference”, Modern Economic Science (Chinese), 2015(6). (with Junxun Dai, Wei Ge, Zhu Tao)
“Dynamic Changes in the scale of China’s hot money from 2005 to 2012”, Economist (Chinese), 2014(6). (with Guohua He, Wanjing Zhu)

Working Papers:
“Financial Structure, Industrial Structure and Economic Growth-Evidence from China”, 2018.
“A Comparative Analysis of the Spillover Effects of Big Power Currency on Southeast Asia”, with Yujing Zheng, 2018.
“Corporate Profitability, Financial Competition Level and Optimal Financial Structure——Based on the Perspective of New Structure Finance”, 2018.
“A Comparative Study of the Two-way Spillover Effects of China and the United States”, with Qiyuan Xu and Shumeng Wang, 2018.

Research Projects:
2017, National Social Science Fund Youth Project, “Research on the Spillover Effect, Game and Coordination of Monetary Policy between China and US”, Leader.
2016, China Postdoctoral Science Foundation funded project, “Financial Structure, Industrial Structure and Economic Growth——Based on the Perspective of New Structural Economics”, Leader.
2016, National Social Science Fund Major Project, “Research on Supply Side Structural Reform and New Development Momentum”, Member.
2015, Major project of the Ministry of Education, “Research on the Construction of China's Monetary Policy System under the New Normal of Economic Development”, Member.
2015, National Natural Science Youth Fund Project, “The Interaction between Bank Competition and Bank Capital on Bank Credit Standards: A Comparative Study of Dynamic Theory and International Empirical”, Member.
2015, National Natural Science Youth Fund Project, “Research on Bank Behavior under the Dual Constraints of Capital and Liquidity: Mechanism and Impact Assessment”, Member.