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WANG XiProfessor

Economics TEL: 86-20-84111859 EMAIL: Lnswx@mail.cathaycentury.com

Research Areas

International Monetary Economics International Finance (Exchange Rate and Balance of Payments) the Micro Foundation of Macro Economy in Transition Period the Application of Measure Theory in Rational Expectations and Uncertainty  

Education

Ph. D in Economics, Sun Yat-sen University, 2002 M.A.in Economics,   Sun Yat-sen University, 1999 B.A. in Economics,   Sun Yat-sen University, 1992  

Professional Experiences

Working Experiences

2002-2004 Lecturer,  Lingnan(University)College, Sun Yat-sen University 2004-2006 Associate Professor,  Lingnan(University)College, Sun Yat-sen University 2006- present Professor,  Lingnan(University)College, Sun Yat-sen University 2012 – present Associate Dean, Lingnan(University)College, Sun Yat-sen University  

Visiting Experiences

2005  Visiting Scholar  Indonesia University 2007-2008 Visiting Scholar, Massachusetts University of Technology 2009 Fulbright Visiting Professor  

Referee Experiences

2003- present: Economic Research Journal, China Economic Quarterly, Finance Research, Journal of World Economy, Studies of International Finance, Statistical Research   Awards and Honors 1. Guangdong Pearl River Scholar Professor, 2012 2. Guangdong Province-level Talent Support Program, 2011 3. Dr. and Mrs. James Wu Awards for Outstanding Service, 2010 4. Guangdong School "Ten Thousands of Projects" Provincial Training, 2010 5. First Prize of Outstanding Achievement in Dissertation of Philosophy and Social Science in Guangdong Province, 2009 6 Presided National Social Science Fund Project (06BJY115) - " Research on a Number of Issues about RMB Pricing, Exchange Rate Policy and Exchange Rate Regime," awarded “Excellent”, 2009 7 China's International Conference of Finance (CICF 2008) TCW Best Paper Award (Highest Award), 2008 8 Elitist of the New Century, by National Ministry of Education, 2007 9 National Excellent Doctoral Dissertation of PR China, by the State Council’s Educational Degree Committee and National Ministry of Education, 2005 10. Dr. and Mrs. James Wu Outstanding Contribution Award, Lingnan College, Sun Yat-sen University, 2005 11. First Prize for Scientific Progress, Guangdong Finance Association, 2005 12. Third Prize of Outstanding Achievement in Dissertation of Philosophy and Social Science in Guangdong Province, 2005 13. Twice First Prize and One Second Prize for Outstanding Research Awards, Educational Encouragement Awards, the Board of Trustees, Lingnan (University) College, 2003-2007 14. Ann Tse Kai International Trade Research Award, Second Prize for Outstanding Paper 2002  

Publications

Memberships & Affiliations

2005-present  Board Member, National International Finance Association 2007-present   Referee Expert, National Natural Science Foundation 2007-present   Referee Expert, National Social Science Foundation 2007-present   Board Member, Guangdong Provincial Economics Association 2009 –present  Board Member, Guangdong Social Science (Youth) League 2009-present   Inquiry Expert, Sun Yat-sen University  

Professional and Societal Appointments

2010-2012 National Social Science Fund Project (11BJ022): "Post-Crisis Era of Inflation Governance",2010.5-2012.12 Guangdong Province College of Humanities and Social Sciences Key Research Base of Major Projects (09JDXM63013): "The Financial Crisis, Guangdong Open Economy System Risk and Management", 2010.2-2012.4 Guangdong Province Social Science Planning Project (GD10CYJ02): "China's Monetary Policy Transmission Mechanism Quantitative and Financial markets of a number of Issues",2010.12-2012.12 The Ministry of Education Universities Foster basic Research Fund major Task Item: "Our Government's Agency Analysis and Reform of the Administrative System Design",2011.12-2012.12 The Ministry of Education of basic Research Fund University Projects: "Macroeconomic Issues and Policy Research",2010.1-2011.10 Sun Yat-sen University Teaching Reform Project: "Economics and Management Graduate Program Evaluation System", 2010-2011   2007-2009 "A Stochastic Representation of the Trail-and-Error Reformation and Effective Demand Management", Chair, sponsored by National Natural Science Foundation (70671110) 2006-2010 "On Establishing the Micro-Foundation of Macro Economy: Rational Expectation Technique and Transitional Economy ", Chair, sponsored by Foundation for the Author of National Excellent Doctoral Dissertation of PR China 2008-2008 "Topics on Renminbi Pricing, Exchange-Rate Regime and Exchange-Rate Policy ", as Chair, sponsored by the National Social Science Fund (06BJY115). 2003-2005   " China’s Monetary Market after the Mid 1990s: Behavior, Reformation and Evaluation", Chair, sponsored by the National Social Science Fund (03CJL005) ,2003.7-05 .9 2006-2007 "Technological innovation and developing circular economy and building green in Guangdong", Chair, sponsored by Soft Science Project in Guangdong Province  

Publications

2019

Chen Zhongfei, Wang Xi[J]. Economic Growth Effect of Capital Account Sub-Items Opening and China's Application, Management World, 2019,35(01):97-114+227. (in Chinese)

Wang Xi, Yang Jiaohui, Wang Kai-Li, Fawson Christopher: “Dynamic information spillovers in intraregionally-focused spot and forward currency markets” Journal of International Money and Finance

2017

Wang Xi, Wang Ling, Peng Yulei, Song Xiaofei[J]. A Comparative Study of China's Monetary Policy Rules:On the Perspective of Three Rules Based on the DSGE Model, Economic Research Journal,2017,52(09):24-38. (in Chinese)

Shumin Chen, Wang Xi, Yinglu Deng, Zeng Yan: “Optimal dividend-financing strategies in a dual risk model with time-inconsistent preferences” Insurance Mathematics & Economics

2016

Wang Xi, Wang Qian, Chen Zhongfei[J]. Monetary Policy Expectations and Inflation Management: A DSGE Analysis based on New Shocks, Economic Research Journal, 2016,51(02):16-29. (in Chinese)

2012 1. WANG Xi & YANG Jiaohui, "Empirical Study on Information Asymmetry Based on Chinese Forward Exchange Rate Market", China & World Economy, pp 1-18, Vol.20, No.4, 2012 (SSCI) 2. Wang Xi, ZOU Arts, leafy: "China's Monetary Policy Controlling Inflation Operation Mode Selection", "China Industrial Economy", 2012.8 3. Wang Xi, leafy, Zou ARTS: "Monetizing the Debt Conversion Bonus," Pseudo-monetized "with the current inflation trend", "Academic Research", 2012.1 4. Wang Xi, Zou ARTS: "Optimal Monetary Policy Metrics", "Journal of Sun Yat-sen University", 2012.1 2011 1. Wang Xi, Zhou Gaobin: "Based on the Stability and Liquidity Perspective the Evolution of the International Monetary System under Analysis", "International Economics and Trade Research", 2011.11 2. Wang Xi, Zou ARTS: "Monetary Policy impact on the Stock Market: the Particular Economic Structure SVAR Analysis", "Statistical Research", 2011.12 3. Zou Arts, Wang Xi: "Expected and Unexpected Monetary Policy impact on the Stock Market", "International Finance", 2011.11 4. Wang Xi, Shu Yuan: "" Feeling the stones ": Theoretical Reflection", "World Economy", 2011.11 5. Wang Xi, Ye Mao: "Our country is Estimated Inflationary Pressures and the Reality of Inflation Performance", "Journal of Sun Yat-sen University" (Social Sciences), 2011.9. 6. Wang Xi, Lu Rong: "China's Consumer / Saving Behavior of a Theoretical Model", "Quarterly Journal of Economics", 2011.4 7. Wang Xi, Ye Mao: "China's Stock Market" Policy market "Theory to Explain the Phenomenon," "Academic Research", 2011.1 2010 1. Wang Xi, Lu Rong: "System Evolution, Government Intervention and Investment Expansion - the transformation under conditions of uncertainty theoretical model of investment", "World Economy", 2010.11 2. Hu Xintian, Wang Xi, etc., "Guangdong - ASEAN Industries Competitive and Complementary Analysis", "Southern Economy", 2010.11 3. LU Rong, Wang Xi: "Addressing the International Financial Crisis, Monetary Policy effects", "International Finance", 2010.7 4. Wang Xi, Zou ARTS: "Unobservable Institutional Variables Optimal Estimates and Projections", "Journal of Sun Yat-sen University" (Social Science Edition) 2010.3 2009 1. Wang, X. and Zheng, X.F., “the Evolution of the Relationship of Signal Transduction between Foreign and Domestic RMB Forward Exchange Rate: An Empirical Analysis”, Studies of International Finance, 2009, No.11. 2. Wang, X., Lu, R. and Cai, R.X., “China’s Economic Trends and Countermeasures under the World Economic Crisis”, Academic Research, 2009, No.07. 3. Wang, X. and Lu, R., “Four Trillion Investment Plan under Crisis: Short-Term Effects and Long-term Influence”, Journal of Sun Yat-sen University (Social Science Edition), 2009, No.04. 4. Wang, X. and Feng, W.G., “Macro Effects of RMB Exchange Rate Appreciation”, Statistical Research, 2009, No.06. 2008 1. Wang, X. and Zhu, J.Y., “International Evidence on Exchange Rate Regime Choice and Its Application to China”, The Journal of World economy, 2008.No.12. 2007 1. Wang, X. and Yang, H.Y., “On the M_1 Structure in China s Economic Transition”, Journal of Financial Research, 2007.No.09. 2. Wang, J. and Li, J., “A Game Theory Approach to the Taiwan Strait Issue”, The Journal of World Economy, 2007,No.09. 3. Wang, X. and Cai, G.W., “An Algorithm of the Desirable Appreciation Scale of RMB:a Comment on RMB Equilibrium-Exchange-Rate Study”, Economic Research Journal, 2007,No.05 4. Cai, G.W., Wang, X. and Shu, Y., “Investment Direction under Harmonious Development of Regional Economy”, South China Journal of Economics, 2007, No.04. 5. Wang, X., “The Micro Foundation of Chinese Macro Economy in the Reform Process of 'Trying with Possible Mistakes'”, Academic Research, 2007, No.01.  Reprinted: Xinhua Digest, 2007, No.11. 2006 1. Wang, X. and Cai, G.W., “The Reform Measures to Improve the Deterministic Mechanism of RMB Exchange Rate: Mechanism and Order”, Studies of International Finance, 2006.No.12. 2. Wang, X., Shu, Y. and Cai, G.W., “Dual Operational Objectives of SOEs and TFP Accounting Microfoundation”, China Economic Quarterly, 2006, No.10. 3. "Investment Behavior and Investment Aggregate During China's Economic Transition", Frontiers of Economics in China, Higher Education Press & Springer-Verlag, 2006 (2), 234-255 4. Wang, X. and Li, J., “A Game-Theory Approach to the Taiwan Strait Issue: Framework and Equilibrium”, 2006, No.04. 2005 1. Wang, X., “Investment Behavior and Investment Aggregates during China s Economic Transition”, China Economic Quarterly, 2005, No.10. 2. Cai, G.W. and Wang, X., “Ownership Arrangement, Social Burden, Technological Improvement and Endogenous Proportion of State Ownership”, Statistical Research, 2005,No.09. 3. Wang, X.," The Micro and Macro Efficiency of Current Exchange Rate Regime and Exchange Rate Regime Reformation," in "Exchange Rate Regime Reformationa, International Experience and Chinese Choice", China Financial Publishing House, 2005.6 4. Wang, X. and Shu, Y., “Reasonability and Legality Issues about the Foreign-Exchange-Reserve Injection Event”, Academic Research, 2005, No.05. 2004 1. Wang, X., “Money Supply and Money Multiplier during Financial Restruction: Micro-Foundation”, China Social Science Review, April 2005 Reprinted: "Financial Frontier Theory", China Financial and Economic Publishing House, 2004.4 2003 1. Wang, X. and Shu, Y., “On the Operation of China’s Money Market: Endogeneity, Adjustment Lags and Dynamics”, China Economic Quarterly, 2003, No.02. 2002  1. Chen, P. and Wang, X., “A Non-equilibrium Analysis of RMB Exchange Rate and the Macro-efficiency of Exchange-rate System”, Economic Research Journal, 2002, No.06. 2. Shu, Y. and Wang, X., “Construct Quantitative Indicators of China's Economic Transformation System: Reflections on Principles and Methods”, Management World, 2002, No.04. Reprinted: "the Transition from Plan to Market - Cutting-Edge Topics in Transition Economics", Nankai University Press, 2003.4. 3. Wang, X., “Current Income or Permanent Income: the Test of Consumption Patterns of Chinese Residents in the Transition Period”, World Economy, 2002, No.12. 2001 1.Wang, X., “Money Demand and Monetary Velocity during China’s Economic Transition”, Economic Research Journal, 2001, No.10.     Reprinted: “China Economics 2001”, Editor In Chief: Beijing Tianze Institute of Economics, Shanghai People Press, 2002.12. 1999  1.  Wang, X. and Wu, SH.L., “Costs of Asymmetric Information: An Analysis of False Foreign Capital Injection and Control Mechanism Design”, International Trade, 1999, No.11.   1998 1. Wang, X., “On the Scale Management of China's Foreign Direct Investment”, Economic Research Journal, 1998, No.05.  

Research Grants

National Social Science Fund Project: "Research on Monetary Policy Innovation Under the New Normal of China's Economic Development," Grant No.15ZDA014, 2015-2017 Provincial Social Science Fund Project, Provincial Major Decision-Making: "2015 Provincial Leading Talent on Ideology and Culture: Wang Xi," 2016-2019  

Books & Essays

1. Wang Xi: "Chinese Reform and Effective Demand Management: Comment Crisis of China's Economic Stimulus Policy," Economic Management Press, December 2010 2. Wang Xi, Shu Yuan, etc.: "Technological Innovation and the Development of Recycling Economy: in Guangdong Province",Science Press, 2010.4  3. Wang, X., "Researches on China's Money Market ", Monographs, Economic Management Press, September.2009 4. Wang, X., "Demand-Side Analysis of China’s Transitional MacroEconomy: MicroFoundations and Aggregate Movements", monographs, Sun Yat-sen University Press, November.2004 5. Shu, Y. and Wang, X., "Researches on the Relations of China's Economic Growth, Inflation and Employment", Monographs, Sun Yat-sen University Press, April.2002., Cooperated with Shu Yuan  

Working Papers

2009  Wang, X., and Zou W.L., "Desirable Measure of China’s Monetary Policy Index" 2009  Wang, X., “A New Algorithm for Estimating Equilibrium Exchange Rate and Exchange Rate Misalignment” 2009  Wang, X., and Chen, W.Z., “The Determination of Forward Exchange Rate: Analysis of Market Participants’ Behaviour and Numerical Simulation” 2008  Wang, X., and Li, W.X., "A Rational Expectation Model of Chinese Housing Price and Price Control" 2008  Wang, X., and LU, R, "Dual Uncertainty, Trial-and-Error Approach and Chinese Residents’ Consumption Behaviour" Conferences and Presentations 2009 “Four Trillion Investment Plan’s Short-Term Effects and Long-term Influence”, March 2009, with Xu Shaohua’s instructions. 2008 “The World Economic Crisis and China”, November, 2008, with the Instruction of Wang Yang, Secretary of Guangdong Provincial Party Committee  

Conferences and Presentations

2009 “Four Trillion Investment Plan’s Short-Term Effects and Long-term Influence”, March 2009, with Xu Shaohua’s instructions. 2008 “The World Economic Crisis and China”, November, 2008, with the Instruction of Wang Yang, Secretary of Guangdong Provincial Party Committee.