Latest Research
Latest Research
Latest Research
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David Daokui Li: Reducing the Costs of Non-fossil Energy is the Key to Addressing the Energy Shortage, Which Depends on China
In a recent conversation with Tencent Finance, David D. Li, Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, shared his insights on the current round of fluctuations in the global energy sector as well as the potential solutions.
2021-11-03 Tencent Finance -
David Daokui Li: Emerging Market Countries Will Face Four Major Challenges in Vaccines, Debt, Supply Chains, and Low-Carbon Development
At the Bund Summit and Fifth Pushan Annual Meeting, David Daokui Li said the key to solving major global problems is to recognize the new world pattern.
2021-10-25 Du Chuan, Yicai News -
Ju Jiandong: China Should Consider a Progressive Carbon Tax
Professor Ju Jiandong is the Unigroup Chair Professor at the PBC School of Finance of Tsinghua University, Director of the Green Finance Development Research Center at the Tsinghua University National Institute of Finance, and a researcher at ACCEPT. The following is an abridged translation of his speech at the 2021 Tsinghua PBCSF Economic Forum on Carbon Neutrality, held on September 16, 2021. This translation was originally published in the Pekingnology newsletter on October 20, 2021. The piec
2021-10-22 Originally published in Pekingnology -
Can both Bitcoin and gold serve as safe-haven assets? — A comparative analysis based on the NARDL model
This paper uses the nonlinear autoregressive distributed lag (NARDL) model to analyze the different performances of Bitcoin and gold under the impacts of three different uncertainties, namely global economic policy uncertainty (GEPU), US stock market volatility index (VIX) and the CBOE crude oil ETF volatility index (OVX). The results indicate that faced with shocks of different uncertainties, Bitcoin is unable to serve as a safe-haven, while gold can hedge against uncertainties to varying degre
2021-10-21 Shaobo Long, Hongxia Pei, Hao Tian, Kun Lang -
David Daokui Li: The Financial Market Should Make Three Preparations for the Post-Pandemic Era
On October 15, the 2021 Asia Pacific Financial Forum (APFF) was held in Beijing, centered on the theme of Collaboration Towards Innovative and Inclusive Financial Markets. David Daokui Li, Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, delivered a keynote speech.
2021-10-15 -
Huang Zhangkai: Labor Economics Plays a Major Role in the Nobel Prize—What Economic Issues Has It Addressed?
The 2021 Nobel Prize in Economics was awarded to David Card, Joshua Angrist, and Guido Imbens. Why have these three economists won the award and what are their major contributions? What is the practical impact and significance of the theories that they have proposed?
2021-10-13 Interview with BK Economy -
David Daokui Li: The 2021 Nobel Prize in Economics is Different, Awarding the Methodology of the Past Three Decades
The 2021 Nobel Prize in economics was awarded by the Royal Swedish Academy of Sciences to David Card, Joshua Angrist, and Guido Imbens for their empirical research on labor economics and their contributions to causality methodology. Upon the announcement of the award, Tencent Finance immediately connected with David Daokui Li, Director of ACCEPT at Tsinghua University and Co-president of the Society for the Analysis of Government and Economics (SAGE), for comments.
2021-10-13 Excerpts from the interview by Tencent Finance -
Li Ke'aobo: Policy support essential for small businesses
Consistent, steady policy support for China's smaller business communities has been and will continue to be notably essential and necessary for the country's economic recovery from the impact of COVID-19, industry experts and business owners said on Sunday.
2021-10-11 Originally published by China Daily