张际
助理教授
中国 北京（100083）
清华大学五道口金融学院

Email: zhangji@pbcsf.tsinghua.edu.cn
https://sites.google.com/view/ji-zhang/home


简历






教育背景
2008-2013美国加州大学圣地亚哥分校，经济学博士
2006-2008上海财经大学，数量经济学硕士
2002-2006武汉大学，经济学和数学学士


工作经历
2016 to 2019 清华大学国家金融研究院货币政策与金融稳定中心，副主任
2013 to present 清华大学五道口金融学院，助理教授


研究领域
宏观经济学，货币政策，财政政策，失业理论


讲授课程
博士课程：高级宏观经济学I、II
硕士课程：宏观经济学


论文发表
1. A Shadow Rate New Keynesian Model, with Jing Cynthia Wu, Journal of Economic Dynamics and Control, 2019,Volume 107.
2. What Drives the Fluctuations in Exchange Rates of Emerging Markets -- A Multi-Level Dynamic Factor Approach, with Clark Liu, Ben Wang, and Huanhuan Wang, Economic Systems, 2019, Volume 43, Issue 2.
3. Global Effective Lower Bound and Unconventional Monetary Policy, with Jing Cynthia Wu, Journal of International Economics, May 2019, Volume 118, pp. 200-216
4. Hot Money and Quantitative Easing: Spillover Effects of U.S. Monetary Policy and Policy Uncertainty on Chinese Economy, with Steven Wei Ho and Hao Zhou, Journal of Money, Credit and Banking, October 2018, Volume 50, Issue 7, pp. 1543-1569.
5. Unemployment Benefits and Matching Efficiency in an Estimated DSGE Model with Labor Market Search Frictions, Macroeconomic Dynamics, December 2017, Volume 21, Issue 8, pp. 2033-2069.
6. Macroeconomic News and the Real Interest Rates at the Zero Lower Bound, Journal of Macroeconomics, 2016, Volume 48, pp. 172-185.


其他发表

1. 货币—财政政策组合与股票—国债收益相关性，合作者：周皓，清华金融评论，2018 年 2 月
2. 各大央行货币政策由松转紧成趋势，合作者：周皓，清华金融评论，2017 年 8 月
3. 资产证券化与货币政策的操作传导机制，合作者：周皓、郭杰群，财新网 ，2017 年 4 月
4. 英国脱欧长期影响是正是负？合作者：周皓，FT中文网 ，2016 年 7 月
5. 如何应对人民币贬值和资本外流？合作者：周皓，FT中文网 ，2016 年 2 月
6. 用利率扭转操作应对资本外逃和经济放缓，合作者：周皓，财新网，2016 年 1 月
7. 美国经济形势分析与美联储加息预期，合作者：周皓，清华金融评论，2015 年 9 月
8. 美联储加息不会对我国产生强烈冲击，合作者：周皓，第一财经日报，2015 年 5 月
9. 美联储再次缩减 QE 新兴市场危机重重，合作者：刘悦，清华金融评论 ，2014 年 4 月


工作论文

1. Active Monetary or Fiscal Policy and Stock-Bond Correlation, with Erica X.N. Li, Tao Zha, and Hao Zhou, 2017.
2. Monetary Policy, Hot Money and Housing Price Growth across Chinese Cities, with Xiaoyu Huang and Tao Jin, 2015.
3. Liquidity Shocks and Macroeconomic Policies in a Model with Labor Market Search Frictions, 2012.


学术讲座

2018: Central University of Finance and Economics, Fudan University (School of Economics, and Fanhai School of Finance), Shanghai University of Finance and Economics (School of Finance), Atlanta Fed
2017: University of International Business and Economics, Renmin University, Zhejiang University, Shanghai University of Finance and Economics (School of Economics), Tsinghua University (PBC School of finance), Peking University (National School of Development)
2016: Shanghai University of Finance and Economics (School of International Business Administration), Fudan University
2015: Capital University of Finance and Economics
2014: Cheung Kong Graduate School of Business, Shanghai Jiao Tong University (Antai College of Economics and Management), Central University of Finance and Economics


学术会议
2019: Annual Meeting of the Central Bank Research Association, New York; Society for Economic Dynamics Annual Meeting, St. Louis; China International Conference in Macroeconomics, Shenzhen (presentation and discussion); annual conference of Korea Money and Finance Association, Busan; Wuhan University IAS Economics Workshop, Wuhan; Asian Bureau of Finance and Economic Research Annual Conference, Singapore; 4th International Macroeconomics and Finance Conference, Hong Kong;
2018: The 1^st PHBS Workshop in Macroeconomics and Finance, Shenzhen (discussion); HKUST-JINAN Joint Conference on Macroeconomics, Guangzhou; China International Conference in Finance, Tianjin; The 10th Tsinghua Workshop in Macroeconomics, Beijing (discussion); Society of Non-linear Dynamics and Econometrics Annual Meeting, Tokyo; AEA Annual Meeting, Philadelphia
2017: The 14th Annual Dynare Conference, Unconventional Monetary Policy: Lessons Learned (Hong Kong Monetary Authority, Federal Reserve Board and Federal Reserve Bank of Atlanta joint conference), Hongkong (discussion); China International Conference in Finance, Hangzhou; China Financial Research Conference, Beijing; 23^rd International Conference on
Computing in Economics and Finance, New York; Society for Economic Dynamics Annual Meeting, Edinburg; China Meeting of the Econometric Society, Wuhan; Asian Meeting of the Econometric Society, Hongkong; Tsinghua Workshop in International Finance and Monetary Policy, Beijing; Asian Bureau of Finance and Economic Research Annual Conference, Singapore; Society of Non-linear Dynamics and Econometrics Annual Meeting, Paris
2016: Society of Non-linear Dynamics and Econometrics Annual Meeting, Alabama; Tsinghua Monetary Policy and Financial Stability Conference (discussion), Beijing; Diverging Monetary Policies, Global Capital Flows and Financial Stability, Hongkong (discussion)
2015: China International Conference in Finance, Shenzhen; Annual Conferences of the International Association for Applied Econemetrics, Thessaloniki; Society of Non-linear Dynamics and Econometrics Annual Meeting, Oslo
2014: Mid-west Macro Meeting, Miami; Annual Conferences of the International Association for Applied Econemetrics, London; 70 Years after Bretton Woods: The International Monetary System, Hangzhou; Tsinghua PBCSF Global Finance Forum, Beijing; Society of Non-linear Dynamics and Econometrics Annual Meeting, New York; Chinese Economic Society Annual Meeting, Indianapolis 2
2013: The 9th Annual Dynare Conference, Shanghai


匿名审稿人


Review of Economic Dynamics; Management Science; Journal of Money, Credit and Banking; Journal of Economic Dynamics and Control; Journal of Business & Economic Statistics; International Journal of Central Banking; Journal of Banking and Finance; Journal of Empirical Finance; Studies in Nonlinear Dynamics & Econometrics; Pacific-Basin Finance Journal; International Finance; Economic Systems